Overview
What is Welby Jacob Water Users Company?
Welby Jacob Water Users Company is a nonprofit organization situated in Orem, Utah. Its primary mission revolves around the maintenance of irrigation canals and the delivery of irrigation water to its shareholders. The company assumes responsibility for assessing and charging its shareholders with the anticipated costs of its operations and maintenance, ensuring the efficient functioning of the irrigation system. With a modest workforce of five individuals, Welby Jacob Water Users Company plays a crucial role in supporting the agricultural sector by providing essential irrigation services.
Is Welby Jacob Water Users Company legitimate?
Welby Jacob Water Users Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Welby Jacob 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: $69,578
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,717
For more financial information, click here
What is the mission statement of Welby Jacob Water Users Company?
The Welby Jacob Water Users Company is dedicated to ensuring the delivery of irrigation water to its shareholders. Beyond this primary function, the company also takes responsibility for the maintenance of the irrigation canals used for water delivery. This maintenance involves assessing and charging its shareholders for the anticipated costs of operations and maintenance. In essence, the company's mission is centered around providing reliable irrigation water and maintaining the infrastructure necessary for its delivery, while adequately managing the associated expenses.
What is the revenue of Welby Jacob Water Users Company?
Welby Jacob Water Users Company's revenue in 2024 was $610,702.
Who are the executives of Welby Jacob Water Users Company and what are their salaries?
The average compensation at Welby Jacob Water Users Company during 2024 was $44,824. There are 4 employees at Welby Jacob Water Users Company.
Here are 6 key members and their salaries:
- Compensation: $16,336
- Related: $0
- Other: $0
- Compensation: $625
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $375
- Related: $0
- Other: $0
- Compensation: $52,242
- Related: $0
- Other: $0
Where can I find the form 990 for Welby Jacob Water Users Company?
Welby Jacob Water Users Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Welby Jacob Water Users Company
Welby Jacob Water Users Company, a vital organization, is dedicated to ensuring the delivery of irrigation water to its shareholders. Beyond this primary responsibility, the company also takes on the mantle of maintaining the canals used for irrigation water delivery. To uphold these duties, Welby Jacob Water Users Company assesses its shareholders for the anticipated costs of its operations and maintenance. This dual mission of water delivery and canal maintenance is crucial for the continued irrigation needs of its constituents.
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Impact
October, 2024
Welby Jacob Water Users Company plays a crucial role in the agricultural landscape of Orem, Utah, by ensuring efficient delivery of irrigation water to its shareholders. Its operations directly support local farming activities, contributing to food production in the region. By maintaining the irrigation canals, the company not only facilitates reliable water access but also aids in preserving the infrastructure necessary for sustainable agricultural practices. This maintenance involves assessing and managing costs effectively, ensuring that farmers can rely on consistent water supply crucial for crop growth. Overall, the company's impact is a significant enhancement of agricultural productivity and food security within the community.
This information is meant to be a general summary of Welby Jacob 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 2024.
- Investment Income: $18,912
- Program Service Revenue: $591,790
- Gross Receipts: $610,702
Assets and Liabilities:
- Total Assets: $2,006,469
- Total Liabilities: $82,958
- Net Assets: $1,923,511
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Assessment Income
Revenue
$591,790
Organization Details
Founding Year
1989
Principal Officer
Darryl Lehmitz
NTEE Category
Code: K20 - Food
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