Overview
What is Minnesota Canal & Reservoir Co?
Minnesota Canal & Reservoir Co is a nonprofit organization located in Paonia, Colorado. Their primary mission is to manage and maintain a reservoir and canal system, ensuring the delivery of irrigation water to its shareholders through the canal. By doing so, they contribute to the agricultural needs of the community, providing a vital resource for their members. The company's activities revolve around maintaining the reservoir and canal infrastructure, ensuring efficient water distribution to its members.
Is Minnesota Canal & Reservoir Co legitimate?
Minnesota Canal & Reservoir Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Minnesota Canal & Reservoir 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: $500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Minnesota Canal & Reservoir Co?
The Minnesota Canal & Reservoir Company's primary mission is to maintain the integrity of its reservoir and canal system. Their primary objective is to deliver water to its members effectively through this canal system. This organization is dedicated to ensuring a reliable water supply to its shareholders, thereby facilitating their irrigation needs. Their activities revolve around the upkeep of the reservoir and the efficient distribution of water to their members via the canal network.
Who is the CEO of Minnesota Canal & Reservoir Co?
Willy Kistler is the President of Minnesota Canal & Reservoir Co.
What is the revenue of Minnesota Canal & Reservoir Co?
Minnesota Canal & Reservoir Co's revenue in 2022 was $56,128.
Who are the executives of Minnesota Canal & Reservoir Co and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
Where can I find the form 990 for Minnesota Canal & Reservoir Co?
Minnesota Canal & Reservoir Co's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Minnesota Canal & Reservoir Co
Minnesota Canal & Reservoir Company is dedicated to maintaining a reservoir and canal, with the primary objective of delivering water to its members through the canal. This mission is central to the organization's operations, ensuring a reliable water supply for its shareholders. The company's role extends beyond just maintaining the infrastructure; it also ensures that water is effectively delivered to its members via the canal. This mission is crucial for the sustainable irrigation of the land owned by the shareholders, contributing to their agricultural activities and overall livelihood.
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Impact
October, 2024
Minnesota Canal & Reservoir Co plays a critical role in the agricultural infrastructure of Paonia, Colorado, by maintaining essential reservoirs and canals that deliver irrigation water to its shareholders. This service ensures that local farms have reliable access to water, which is vital for crop production and sustainability. The ability to manage water resources effectively helps support the agricultural community, contributing to food security and economic stability in the region. By facilitating efficient water delivery, the organization directly impacts the productivity of its members, enabling them to grow food and sustain livelihoods, while also promoting responsible water management practices in the face of changing environmental conditions.
This information is meant to be a general summary of Minnesota Canal & Reservoir 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $202
- Program Service Revenue: $55,926
- Gross Receipts: $56,128
Assets and Liabilities:
- Total Assets: $745,835
- Total Liabilities: $296,630
- Net Assets: $449,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER ASSESSMENT
Revenue
$52,525
WATER TRANSPORT
Revenue
$3,401
Organization Details
Founding Year
1903
Principal Officer
Willy Kistler
Main Address
12847 3900 ROAD, PAONIA, CO, 81428
NTEE Category
Code: K20 - Food
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