Lower Platte And Beaver Canal Co

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 840254950 ✦ Hillrose, CO ✦ Designated as a 501(c)(12)

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Overview

What is Lower Platte And Beaver Canal Co?

Lower Platte and Beaver Canal Company is a nonprofit organization, specifically a cooperative, located in Hillrose, Colorado. With a small workforce of four individuals, their primary mission is to distribute irrigation water to local farmers, enabling them to grow essential crops such as corn, sugar beets, alfalfa, wheat, and pinto beans. This vital service plays a crucial role in feeding the global population. The company operates as a cooperative, with the farmers being the stockholders, ensuring a shared commitment to its success.

Is Lower Platte And Beaver Canal Co legitimate?

Lower Platte And Beaver Canal Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lower Platte And Beaver Canal Co 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: $92,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lower Platte And Beaver Canal Co?

The Lower Platte and Beaver Canal Company's primary mission is to distribute irrigation water to its farmer stockholders. This mission serves to aid these farmers in growing various crops, such as corn, sugar beets, alfalfa, wheat, and pinto beans. The company's role in distributing water enables these farmers to contribute to feeding the global population. By providing irrigation water, the Lower Platte and Beaver Canal Company plays a crucial part in agricultural production.

Who is the CEO of Lower Platte And Beaver Canal Co?

Terry R Linker is the President of Lower Platte And Beaver Canal Co.

What is the revenue of Lower Platte And Beaver Canal Co?

Lower Platte And Beaver Canal Co's revenue in 2022 was $327,459.

Who are the executives of Lower Platte And Beaver Canal Co and what are their salaries?

The average compensation at Lower Platte And Beaver Canal Co during 2022 was $23,136. There are 4 employees at Lower Platte And Beaver Canal Co.


Here are 6 key members and their salaries:


Terry R Linker (President)
  • Compensation: $500
  • Related: $0
  • Other: $0
Charles Snyder Jr (Vice Preside)
  • Compensation: $594
  • Related: $0
  • Other: $0
J Robert Tuck (Director)
  • Compensation: $200
  • Related: $0
  • Other: $0
James R Kissler (Director)
  • Compensation: $550
  • Related: $0
  • Other: $0
Scott May (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
Emily Curtis (Secretary)
  • Compensation: $4,445
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lower Platte And Beaver Canal Co?

Lower Platte And Beaver Canal Co's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lower Platte And Beaver Canal Co

Lower Platte And Beaver Canal Company is dedicated to a crucial mission: distributing irrigation water to its farmer stockholders. This mission is instrumental in enabling these farmers to cultivate various crops, such as corn, sugar beets, alfalfa, wheat, and pinto beans. By providing this essential resource, the company contributes to the global food supply, ensuring that these vital crops are grown and harvested to nourish communities worldwide. The company's mission is a testament to its commitment to supporting the agricultural sector and the broader food system.

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Impact




October, 2024

Lower Platte And Beaver Canal Co facilitates the vital distribution of irrigation water to farmers, empowering them to cultivate essential crops such as corn, sugar beets, alfalfa, wheat, and pinto beans. By ensuring a consistent water supply, the organization plays a crucial role in enhancing agricultural productivity, enabling farmers to meet the food demands of the community and beyond. This support not only sustains local economies but also contributes to global food security by ensuring that crops can thrive in varying climate conditions. The impact of Lower Platte And Beaver Canal Co extends through its enhancement of agricultural resilience, food production, and overall community well-being in Hillrose, Colorado and surrounding areas.




This information is meant to be a general summary of Lower Platte And Beaver Canal Co. 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.

Revenue
$327,459 (2022)
Expenses
$341,356 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34
  • Program Service Revenue: $324,694
  • Gross Receipts: $327,459

Assets and Liabilities:

  • Total Assets: $6,473,928
  • Total Liabilities: $190,514
  • Net Assets: $6,283,414

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSESSMENTS FROM STOCKHOLDERS

Revenue

$324,694

Organization Details

Founding Year

1882

Principal Officer

Terry R Linker

Main Address

PO BOX 190, HILLROSE, CO, 80733

NTEE Category

Code: K20 - Food

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