Overview
What is Fort Morgan Reservoir & Irrigation Company?
The Fort Morgan Reservoir & Irrigation Company is a nonprofit organization situated in Fort Morgan, Colorado. Its primary objective is to gain control and ownership of the Fort Morgan Ditch, along with all related water rights and permissions. This control enables the company to utilize and manage the water resources effectively. With a team of three employees, the organization focuses on agrarian water irrigation systems, water right acquisitions, and augmentation of water supply.
Is Fort Morgan Reservoir & Irrigation Company legitimate?
Fort Morgan Reservoir & Irrigation Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fort Morgan Reservoir & Irrigation Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,197
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What is the mission statement of Fort Morgan Reservoir & Irrigation Company?
The Fort Morgan Reservoir & Irrigation Company's mission is centered around acquiring the title and ownership of the Fort Morgan Ditch, along with its associated water rights and appropriations. Their objective is to have full control over this ditch, enabling them to utilize and manage its resources effectively. This company's primary focus is on the acquisition and operation of water irrigation systems, as well as engaging in water right purchases and augmentation of water resources.
What is the revenue of Fort Morgan Reservoir & Irrigation Company?
Fort Morgan Reservoir & Irrigation Company's revenue in 2024 was $561,473.
Who are the executives of Fort Morgan Reservoir & Irrigation Company and what are their salaries?
The average compensation at Fort Morgan Reservoir & Irrigation Company during 2024 was $38,066. There are 3 employees at Fort Morgan Reservoir & Irrigation Company.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Fort Morgan Reservoir & Irrigation Company?
Fort Morgan Reservoir & Irrigation Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Fort Morgan Reservoir & Irrigation Company
The Fort Morgan Reservoir & Irrigation Company's primary mission lies in acquiring ownership of the Fort Morgan Ditch, along with all associated water rights and appropriations. The company's objective is to have the authority to utilize, own, and manage this ditch effectively. This mission is crucial for agricultural water irrigation purposes, as the company also engages in the purchasing of water rights and augmentation of water resources. The primary function of the Fort Morgan Reservoir & Irrigation Company is to ensure the efficient use and management of water resources, primarily for agricultural irrigation purposes.
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Impact
October, 2024
Fort Morgan Reservoir & Irrigation Company plays a critical role in the agricultural landscape of Fort Morgan, Colorado, by managing essential water resources that support irrigation and food production. By acquiring and operating the Fort Morgan Ditch and its associated water rights and appropriations, it ensures that farmers have access to the water needed for crop irrigation. This not only fosters the local agricultural economy but also contributes to food security in the region. The company's activities in water rights purchases and augmentation bolster sustainability in water management, helping to mitigate ongoing water scarcity challenges. Overall, its impact extends beyond agriculture, influencing the broader community's economy and environment through responsible water stewardship.
This information is meant to be a general summary of Fort Morgan Reservoir & Irrigation Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $8,128
- Gross Receipts: $561,473
Assets and Liabilities:
- Total Assets: $3,686,651
- Total Liabilities: $1,470,079
- Net Assets: $2,216,572
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Organization Details
Founding Year
1954
Principal Officer
William Lauck
NTEE Category
Code: K20 - Food
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