Holbrook Mutual Irrigating Company

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

EIN: 840434705 ✦ Cheraw, CO ✦ Designated as a 501(c)(12)

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Overview

What is Holbrook Mutual Irrigating Company?

Holbrook Mutual Irrigating Company is a nonprofit organization located in Cheraw, Colorado. With a small workforce of 4 individuals, their primary mission is to maintain the necessary ditches and supply irrigation water to their shareholders. This essential service ensures the prosperity of the land and those who rely on it for their livelihood. The company's focus is solely on maintaining the ditch and delivering water to its shareholders, playing a crucial role in supporting the local agricultural community.

Is Holbrook Mutual Irrigating Company legitimate?

Holbrook Mutual Irrigating Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Holbrook Mutual Irrigating 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: $6,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,893

For more financial information, click here

What is the mission statement of Holbrook Mutual Irrigating Company?

The Holbrook Mutual Irrigating Company's mission is centered around maintaining the company's ditch and distributing irrigation water to its shareholders. Their primary objective is to ensure the proper functioning of the ditch and provide the necessary water supply for the benefit of their shareholders. The company's activities primarily focus on the upkeep of the ditch infrastructure and the provision of irrigation water, thereby contributing to the agricultural activities of its shareholders.

Who is the CEO of Holbrook Mutual Irrigating Company?

Donny Hansen is the President of Holbrook Mutual Irrigating Company.

What is the revenue of Holbrook Mutual Irrigating Company?

Holbrook Mutual Irrigating Company's revenue in 2023 was $263,833.

Who are the executives of Holbrook Mutual Irrigating Company and what are their salaries?

The average compensation at Holbrook Mutual Irrigating Company during 2023 was $31,773. There are 4 employees at Holbrook Mutual Irrigating Company.


Here are 5 key members and their salaries:


Donny Hansen (President)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
Loyd Broce (Director)
  • Compensation: $550
  • Related: $0
  • Other: $0
Dustin Matthew (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
Paul Casper (Secretary)
  • Compensation: $500
  • Related: $0
  • Other: $0
Nicholas Knapp (Vice President)
  • Compensation: $450
  • Related: $0
  • Other: $0
Where can I find the form 990 for Holbrook Mutual Irrigating Company?

Holbrook Mutual Irrigating Company's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Holbrook Mutual Irrigating Company

The Holbrook Mutual Irrigating Company is dedicated to ensuring the upkeep of the ditch and supplying irrigation water to its shareholders. This mission is centered around maintaining the company's ditch infrastructure and distributing the essential water resource to its shareholders. By doing so, the Holbrook Mutual Irrigating Company contributes to the agricultural and livelihood needs of its shareholders, underlining its role as a vital provider of irrigation services.

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Impact




October, 2024

Holbrook Mutual Irrigating Company plays a crucial role in sustaining agricultural practices in Cheraw, Colorado, by maintaining essential irrigation infrastructure and providing reliable water resources to its shareholders. The organization's commitment to managing and preserving the Holbrook Mutual Irrigating Company Ditch ensures that local farmers have access to the water they need for productive farming. This support not only enhances food production but also contributes to the economic stability of the community. Through its efforts, the company helps foster a sustainable agricultural environment, thereby positively impacting local food security and the livelihoods of its members.




This information is meant to be a general summary of Holbrook Mutual Irrigating 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.

Revenue
$263,833 (2023)
Expenses
$310,707 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,561
  • Program Service Revenue: $251,086
  • Gross Receipts: $263,833

Assets and Liabilities:

  • Total Assets: $484,642
  • Total Liabilities: $2,248
  • Net Assets: $482,394

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Programs

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

Membership Dues & Assessments

Revenue

$251,086

Organization Details

Founding Year

1953

Principal Officer

Donny Hansen

Main Address

Debbie Hall P O Box 34, Cheraw, CO, 81030

NTEE Category

Code: K20 - Food

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