Overview
What is Lower Arkansas Water Management Association?
The Lower Arkansas Water Management Association is a nonprofit organization based in Lamar, Colorado. Established with the primary purpose of providing replacement water to its members, this association purchases water rights to compensate for the depletion caused by well pumping, particularly during dry years. This action is essential to comply with Colorado water laws and the Arkansas River Compact. The association's mission focuses on providing augmentation water within the lower portion of the Arkansas River Basin, with the aim of maintaining a balance in water usage among its members. The Lower Arkansas Water Management Association has a small team of four employees.
Official website here: www.lawma.net
Is Lower Arkansas Water Management Association legitimate?
Lower Arkansas Water Management Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lower Arkansas Water Management Association 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: $47,567
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,770
For more financial information, click here
Official website here: www.lawma.net
What is the mission statement of Lower Arkansas Water Management Association?
The Lower Arkansas Water Management Association, a non-profit organization, exists with the primary mission to provide augmentation water. This is primarily aimed at replacing depletions from well pumping within the lower portion of the Arkansas River Basin. This is done to comply with Colorado water laws and the Arkansas River Compact, ensuring the sustainable use of water resources. The association purchases water rights to replace depletions for both intra-state and inter-state water users, particularly during dry years, thus facilitating the continued operation of wells while remaining compliant with legal regulations.
Official website here: www.lawma.net
Who is the CEO of Lower Arkansas Water Management Association?
William Grasmick is the Secr Treas of Lower Arkansas Water Management Association.
Official website here: www.lawma.net
What is the revenue of Lower Arkansas Water Management Association?
Lower Arkansas Water Management Association's revenue in 2022 was $1,609,701.
Official website here: www.lawma.net
Who are the executives of Lower Arkansas Water Management Association and what are their salaries?
The average compensation at Lower Arkansas Water Management Association during 2022 was $25,334. There are 4 employees at Lower Arkansas Water Management Association.
Here are 7 key members and their salaries:
- Compensation: $47,567
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lawma.net
Where can I find the form 990 for Lower Arkansas Water Management Association?
Lower Arkansas Water Management Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lawma.net
Learn more at the official website: www.lawma.net
Mission Statement of Lower Arkansas Water Management Association
The Lower Arkansas Water Management Association, a non-profit corporation, was established with the primary mission to provide augmentation water for its members within the lower portion of the Arkansas River Basin. This organization seeks to replace depletions from well pumping, ensuring compliance with Colorado water laws and the Arkansas River Compact. By purchasing water rights, the Lower Arkansas Water Management Association aims to address the issue of depletions to both intra-state and inter-state water users, particularly during dry years. The association's crucial role is to maintain the balance of water resources within the Arkansas River Basin, ensuring sustainability for its members and adherence to the stipulations set by water laws.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Lower Arkansas Water Management Association's impact lies in providing crucial augmentation water to its members in order to replace depletions caused by well pumping within the lower portion of the Arkansas River Basin. By purchasing water rights and ensuring adequate replacement water during dry years, the association plays a significant role in helping its members comply with Colorado water laws and the Arkansas River Compact. This ultimately contributes to sustainable water management practices and environmental conservation in the region.
This information is meant to be a general summary of Lower Arkansas Water Management Association. 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: $3,389
- Program Service Revenue: $1,480,128
- Gross Receipts: $1,609,701
Assets and Liabilities:
- Total Assets: $24,278,824
- Total Liabilities: $9,875,449
- Net Assets: $14,403,375
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER ASSESSMENTS FEES
Revenue
$1,480,128
MEMBER LEASED WATER
Organization Details
Founding Year
1973
Principal Officer
William Grasmick
Main Address
PO BOX 1161, LAMAR, CO, 81052
Website
www.lawma.netNTEE Category
Code: C32 - Environment
If you are a representative of Lower Arkansas Water Management Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.