Overview
What is The Proctor Water Company?
The Proctor Water Company serves as a nonprofit entity, with a primary focus on maintaining an irrigation ditch. This ditch is essential in delivering water to seven landowner-shareholders, totaling 2797 shares. The organization's mission is centered around conducting regular ditch maintenance and setting and collecting assessments for necessary repairs and upkeep. In essence, The Proctor Water Company plays a critical role in ensuring reliable water supply for its shareholders while managing the associated maintenance costs.
Is The Proctor Water Company legitimate?
The Proctor Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Proctor Water Company submitted a form 990EZ, 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.
What is the mission statement of The Proctor Water Company?
The Proctor Water Company's mission is centered around maintaining an irrigation ditch, providing water to seven landowner-shareholders. The company's primary objective is to undertake ditch maintenance and its primary function involves setting and collecting assessments for the necessary repairs and upkeep.
Who is the CEO of The Proctor Water Company?
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What is the revenue of The Proctor Water Company?
The Proctor Water Company's revenue in 2022 was $51,015.
Who are the executives of The Proctor Water Company and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for The Proctor Water Company?
The Proctor Water Company's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The Proctor Water Company
The Proctor Water Company, as a mission-driven organization, is dedicated to maintaining an irrigation ditch. This ditch serves seven landowner-shareholders, who collectively hold 2797 shares of stock. The primary objective of The Proctor Water Company is to ensure the ditch's upkeep. Beyond this, the company's core function is to determine and collect assessments for repair and maintenance purposes. By fulfilling these tasks, The Proctor Water Company plays a vital role in delivering water to its shareholders, thereby contributing to their irrigation needs.
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Impact
October, 2024
The Proctor Water Company plays a crucial role in sustaining agricultural productivity and supporting the local economy in Sterling, Colorado. By maintaining an irrigation ditch, the company facilitates the delivery of water to seven landowner/shareholders, benefitting a collective total of 2,797 shares of stock. This water delivery is essential for effective irrigation, ensuring that crops receive the necessary moisture for growth.
The company's mission to conduct ditch maintenance is vital for the reliability and efficiency of the irrigation system. Regular maintenance helps prevent issues such as blockages or leaks, which can lead to water shortages and affect crop yields. Additionally, the Proctor Water Company sets and collects assessments for the necessary repairs and upkeep, ensuring that the infrastructure remains in good condition.
Overall, the Proctor Water Company's impact extends beyond just water delivery; it supports agricultural viability, community resilience, and the sustainable management of water resources in the region.
This information is meant to be a general summary of The Proctor Water 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
- Gross Receipts: $51,015
Assets and Liabilities:
- Total Assets: $76,197
- Total Liabilities: $177
- Net Assets: $76,020
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Organization Details
Main Address
PO BOX 1723, STERLING, CO, 80751
NTEE Category
Code: W80 - Public benefit
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