Overview
What is Schneider Ditch Company?
Schneider Ditch Company is a nonprofit organization situated in Sterling, Colorado. Established with a sole purpose, this company collects assessments to fund the repair and maintenance of an irrigation ditch. Its objective is to deliver water to 18 landowner-shareholders, representing 125 shares of stock, all residing in Logan County, Colorado. The organization serves as a crucial mechanism for agricultural irrigation water distribution to its members. With a dedicated workforce of one individual, Schneider Ditch Company manages and operates to ensure a reliable water supply for its members, contributing to the success of their agricultural ventures.
Is Schneider Ditch Company legitimate?
Schneider Ditch Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Schneider Ditch 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: $9,300
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What is the mission statement of Schneider Ditch Company?
The Schneider Ditch Company was established with the primary objective of providing and managing an agricultural irrigation water delivery system for its members. Located in an unspecified region, all of its members are situated in Logan County, Colorado. The organization's mission is centered around ensuring a reliable delivery mechanism for irrigation water to these members, thereby contributing to their agricultural activities. The sole purpose of the Schneider Ditch Company is to set and collect assessments for the repair and maintenance of the irrigation ditch, ensuring the consistent delivery of water to the 18 landowner/shareholders, representing 125 shares of stock.
Who is the CEO of Schneider Ditch Company?
Robert Lingreen is the President of Schneider Ditch Company.
What is the revenue of Schneider Ditch Company?
Schneider Ditch Company's revenue in 2023 was $102,310.
Who are the executives of Schneider Ditch Company and what are their salaries?
The average compensation at Schneider Ditch Company during 2023 was $9,300. There is 1 employee at Schneider Ditch Company.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Schneider Ditch Company?
Schneider Ditch Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Schneider Ditch Company
Schneider Ditch Company, a nonprofit organization, was established with a specific mission in mind. Its primary objective is to provide and manage an efficient delivery mechanism for agricultural irrigation water to its members, all of whom are situated in Logan County, Colorado. The organization's purpose is to ensure that its shareholders, numbering 18 landowner/shareholders representing 125 shares of stock, have a reliable source of water for their agricultural activities. The sole function of Schneider Ditch Company is to set and collect assessments for the repair and maintenance of an irrigation ditch, ensuring that it continues to effectively deliver water to its members.
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Impact
October, 2024
Schneider Ditch Company plays a crucial role in the agricultural landscape of Logan County, Colorado, by providing and managing a reliable delivery mechanism for irrigation water. This ensures that local farmers can effectively irrigate their crops, which is essential for sustaining agricultural productivity in the region.
By focusing on the maintenance and repair of the irrigation ditch, Schneider Ditch Company helps its members, who represent 18 landowner/shareholders and a total of 125 shares of stock, efficiently access the water they need. This not only supports their individual farming operations but also contributes to the overall agricultural economy and food production in the area.
The organization's commitment to maintaining a dependable water supply is vital for the livelihoods of its members, facilitating the growth of diverse crops and promoting food security within the community. In doing so, Schneider Ditch Company fosters a sustainable agricultural environment that benefits both the local economy and the broader community.
This information is meant to be a general summary of Schneider Ditch 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 2023.
- Investment Income: $135
- Program Service Revenue: $102,175
- Gross Receipts: $102,310
Assets and Liabilities:
- Total Assets: $1,159,919
- Total Liabilities: $1,111,803
- Net Assets: $48,116
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS RECEIVED
Revenue
$102,175
Organization Details
Founding Year
1877
Phone
(970) 522-5762Principal Officer
Robert Lingreen
Main Address
PO BOX 1811, STERLING, CO, 80751
NTEE Category
Code: K20 - Food
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