Overview
What is Provo Reservoir Water Users Company?
Provo Reservoir Water Users Company is a Utah-based nonprofit organization, specifically located at 1156 South State STE 201, Orem, UT 84097. The primary purpose of this company is to ensure the delivery of irrigation water to its shareholders. In addition, they are responsible for maintaining the canals used for water delivery, by estimating and charging their shareholders for the anticipated costs of operations and maintenance. This company plays a crucial role in providing irrigation water to its community members, thereby supporting the agricultural and environmental needs of the region.
Is Provo Reservoir Water Users Company legitimate?
Provo Reservoir Water Users Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Provo Reservoir Water Users 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: $32,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Provo Reservoir Water Users Company?
The Provo Reservoir Water Users Company is tasked with delivering irrigation water to its shareholders. Beyond this primary function, the company is also responsible for maintaining the canals used for water delivery. This maintenance involves assessing the anticipated costs of operations and maintenance, which are then shared among the shareholders. In essence, the company ensures a reliable supply of irrigation water and maintains the necessary infrastructure for its distribution, while managing the financial responsibilities effectively.
Who is the CEO of Provo Reservoir Water Users Company?
Wade Tuft is the President of Provo Reservoir Water Users Company.
What is the revenue of Provo Reservoir Water Users Company?
Provo Reservoir Water Users Company's revenue in 2022 was $1,614,879.
Who are the executives of Provo Reservoir Water Users Company and what are their salaries?
The average compensation at Provo Reservoir Water Users Company during 2022 was $32,682. There is 1 employee at Provo Reservoir Water Users Company.
Here are 10 key members and their salaries:
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- Compensation: $200
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- Compensation: $31,982
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Where can I find the form 990 for Provo Reservoir Water Users Company?
Provo Reservoir Water Users Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Provo Reservoir Water Users Company
Provo Reservoir Water Users Company, as a mission-driven organization, is responsible for delivering irrigation water to its shareholders. Beyond this primary function, the company also takes on the mantle of maintaining the canals used for water delivery. To ensure the successful execution of these responsibilities, the company assesses its shareholders for the anticipated costs of its operations and maintenance. In essence, Provo Reservoir Water Users Company plays a crucial role in ensuring a reliable water supply for its shareholders, while also ensuring the proper upkeep of the infrastructure required for this service.
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Impact
October, 2024
Provo Reservoir Water Users Company plays a crucial role in the delivery of irrigation water to its shareholders, ensuring that agricultural lands receive the necessary resources for optimal crop growth. By managing the maintenance of the canals essential for this water delivery, the company supports local agriculture and the food supply chain. Its operations are vital to the sustainability of farming practices in the Orem, Utah area, directly impacting food production and enhancing the livelihoods of farmers who rely on this irrigation system. The company's financial model, which includes assessing shareholders for the anticipated costs of operations and maintenance, allows for the reliable and continued provision of these essential services.
This information is meant to be a general summary of Provo Reservoir Water Users 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: $10,317
- Program Service Revenue: $1,442,845
- Gross Receipts: $1,614,879
Assets and Liabilities:
- Total Assets: $39,438,780
- Total Liabilities: $17,230,877
- Net Assets: $22,207,903
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESMENTS AND FEES
Revenue
$1,047,553
STOCK SUBSCRIPTION INTEREST
Revenue
$395,292
Organization Details
Founding Year
1920
Phone
(801) 225-6256Principal Officer
Wade Tuft
Main Address
1156 SOUTH STATE STE 201, OREM, UT, 84097
NTEE Category
Code: K20 - Food
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