Overview
What is Terrace Irrigation Company?
Terrace Irrigation Company is a nonprofit organization situated in Monte Vista, Colorado. Its primary function involves water management, specifically serving as a water storage and distribution entity. The company sources water from the Alamosa River and ensures its delivery to its associated members. This vital service plays a significant role in maintaining the water supply for these individuals, thereby contributing to their overall well-being.
Is Terrace Irrigation Company legitimate?
Terrace Irrigation Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Terrace 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: $36,150
For more financial information, click here
What is the mission statement of Terrace Irrigation Company?
Terrace Irrigation Company, as a water storage and delivery entity, is dedicated to providing water to its members. Its mission is to efficiently store and distribute water sourced from the Alamosa River, ensuring the needs of its clientele are met. The company's activities primarily revolve around water management, ensuring a reliable water supply for its members. It operates with the goal of maintaining a sustainable water solution for its community.
Who is the CEO of Terrace Irrigation Company?
Kent Reinhardt is the President & Ceo of Terrace Irrigation Company. The CEO's salary of Terrace Irrigation Company is $0 and their total compensation is $0.
What is the revenue of Terrace Irrigation Company?
Terrace Irrigation Company's revenue in 2022 was $212,756.
Who are the executives of Terrace Irrigation Company and what are their salaries?
The average compensation at Terrace Irrigation Company during 2022 was $18,075. There are 2 employees at Terrace Irrigation Company.
Here are 3 key members and their salaries (Terrace Irrigation Company's CEO's salary is $0 and their total compensation is $0):
- 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 Terrace Irrigation Company?
Terrace Irrigation Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Terrace Irrigation Company
Terrace Irrigation Company, as a water storage and delivery organization, is dedicated to storing and distributing water from the Alamosa River to its members. This company plays a crucial role in ensuring water availability for its clients, thereby contributing to their agricultural activities and overall well-being. By serving as a water intermediary, Terrace Irrigation Company facilitates effective water management, enabling its clients to sustain their irrigation needs efficiently.
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Impact
October, 2024
Terrace Irrigation Company plays a pivotal role in enhancing agricultural productivity and sustainability in Monte Vista, CO. By efficiently storing and delivering water from the Alamosa River, the company ensures that its members have reliable access to this essential resource. This reliable water supply supports local farmers, enabling them to cultivate crops, thus contributing to food security in the region.
Through effective water management, Terrace Irrigation Company not only maximizes the use of available water resources but also promotes responsible stewardship of the environment. This minimizes waste and helps maintain the health of surrounding ecosystems. Ultimately, the company's efforts facilitate a resilient agricultural community, fostering economic stability and growth in the local area.
This information is meant to be a general summary of Terrace 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 2022.
- Investment Income: $3,438
- Program Service Revenue: $200,845
- Gross Receipts: $212,756
Assets and Liabilities:
- Total Assets: $4,631,831
- Total Liabilities: $2,217,560
- Net Assets: $2,414,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Miscellancious
Revenue
$4,008
Shareholder Assessments
Revenue
$191,331
Subdistrict Leases
Revenue
$5,506
Organization Details
Founding Year
1941
Principal Officer
Kent Reinhardt
Main Address
PO Box 109, Monte Vista, CO, 81144
NTEE Category
Code: K20 - Food
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