Utah & Salt Lake Canal Company

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

EIN: 870224306 ✦ Riverton, UT ✦ Designated as a 501(c)(12)

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Overview

What is Utah & Salt Lake Canal Company?

Utah & Salt Lake Canal Company is a nonprofit organization situated in West Jordan, Utah. With a team of seven dedicated individuals, their primary mission is to ensure the provision and maintenance of a canal for the benefit of their members. This service is crucial for members who rely on it to fulfill their agricultural duties. The company's activities are centered around managing and upkeeping the canal, thereby contributing to the agricultural sector of the community.

Is Utah & Salt Lake Canal Company legitimate?

Utah & Salt Lake Canal Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Utah & Salt Lake Canal 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: $122,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,717

For more financial information, click here

What is the mission statement of Utah & Salt Lake Canal Company?

The Utah & Salt Lake Canal Company is dedicated to providing and maintaining water service for its members, whose agricultural duties rely on this resource. This organization's mission is centered around ensuring the upkeep of the canal, thereby benefiting its members and enabling them to carry out their agricultural responsibilities effectively. By overseeing the water service, the company contributes significantly to the agricultural sector and supports the livelihoods of its members.

What is the revenue of Utah & Salt Lake Canal Company?

Utah & Salt Lake Canal Company's revenue in 2024 was $764,141.

Who are the executives of Utah & Salt Lake Canal Company and what are their salaries?

The average compensation at Utah & Salt Lake Canal Company during 2024 was $42,829. There are 6 employees at Utah & Salt Lake Canal Company.

Here are 10 key members and their salaries:


William Mark Newman (President)
  • Compensation: $30,243
  • Related: $0
  • Other: $0
Dan Atherley (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Mark Larsen (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Billie King (Secretary)
  • Compensation: $35,508
  • Related: $0
  • Other: $0
Barbara Chamberlain (Secretary)
  • Compensation: $35,508
  • Related: $0
  • Other: $0
Ted Balling (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Bart Anderson (Vice Pres)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Jeff Newman (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Wade Tuft (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Quinn Redmond (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Utah & Salt Lake Canal Company?

Utah & Salt Lake Canal Company's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Utah & Salt Lake Canal Company

The Utah & Salt Lake Canal Company is devoted to providing essential water services and maintaining the canal's upkeep. This mission is aimed at benefiting its member communities, who rely on this service to sustain their agricultural duties. The company's primary objective is to ensure a consistent water supply, enabling its members to effectively manage their farming activities. By maintaining the canal's integrity, the Utah & Salt Lake Canal Company contributes significantly to the agricultural success of its member communities.

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Impact




October, 2024

The Utah & Salt Lake Canal Company plays a crucial role in supporting agricultural activities in the region. By providing reliable water service and maintaining the canal system, it enables local farmers and agricultural members to ensure the sustainability of their crops and livestock. The consistent water supply is vital for irrigation, which directly impacts food production and agricultural health in the area.

Additionally, the company contributes to the economic stability of West Jordan and surrounding communities by enhancing agricultural productivity, fostering food security, and supporting local livelihoods. The upkeep of the canal not only benefits individual farmers but also supports the broader agricultural economy, ensuring that residents have access to locally grown food and resources. Overall, the impact of the Utah & Salt Lake Canal Company is significant in promoting agricultural efficiency and community well-being.




This information is meant to be a general summary of Utah & Salt Lake Canal 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
$764,141 (2024)
Expenses
$714,086 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $98,984
  • Program Service Revenue: $665,157
  • Gross Receipts: $764,141

Assets and Liabilities:

  • Total Assets: $3,477,074
  • Total Liabilities: $17,266
  • Net Assets: $3,459,808

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Programs

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

MEMBERSHIP DUES AND ASSESSMEN

Revenue

$665,157

Organization Details

Founding Year

1870

Principal Officer

William Mark Newman

NTEE Category

Code: K20 - Food

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