Overview
What is Lake Ditch Company?
Lake Ditch Company, situated in Reno, Nevada, serves as a vital water distribution entity for irrigation purposes. This nonprofit organization, led by Chris Benna, plays a crucial role in providing essential water resources for irrigation needs. Despite not being classified as a traditional nonprofit focusing on social welfare or advocacy, Lake Ditch Company contributes significantly to the agricultural and environmental sectors by ensuring adequate water supply for irrigation purposes.
Is Lake Ditch Company legitimate?
Lake Ditch Company is a legitimate nonprofit organization registered as a 501(c)(5) entity. Lake Ditch 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,930
For more financial information, click here
What is the mission statement of Lake Ditch Company?
Lake Ditch Company's primary mission revolves around the distribution of water for irrigation purposes. This company is committed to providing this essential resource, contributing to the irrigation needs of various sectors. The company's activities are focused on ensuring a reliable supply of water for irrigation, thereby supporting the growth and well-being of various areas. Lake Ditch Company does not have a publicly stated mission statement beyond its core activity of water distribution for irrigation purposes.
What is the revenue of Lake Ditch Company?
Lake Ditch Company's revenue in 2023 was $669,764.
Who are the executives of Lake Ditch Company and what are their salaries?
The average compensation at Lake Ditch Company during 2023 was $41,982. There are 4 employees at Lake Ditch Company.
Here are 7 key members and their salaries:
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- Related: $30,000
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Where can I find the form 990 for Lake Ditch Company?
Lake Ditch Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lake Ditch Company
Lake Ditch Company, a pioneering entity, is dedicated to the distribution of water for irrigation purposes. This mission is spearheaded by Chris Benna, who oversees the operations in Reno, Nevada. The company's primary focus is on providing water, an essential resource, for agricultural purposes, thereby contributing to the sustained growth of various plant life and crops. By distributing water for irrigation, Lake Ditch Company plays a crucial role in maintaining the health and productivity of local ecosystems and agricultural landscapes. The company's mission is rooted in the understanding of the importance of water in sustaining life and growth, and it strives to ensure a reliable supply of water for irrigation needs, thereby contributing to the overall well-being of the community.
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Impact
October, 2024
Lake Ditch Company significantly impacts the agricultural community in Reno, NV, by providing essential irrigation and water distribution services. Managed by Chris Benna, the company facilitates the efficient allocation of water resources to local farmers, ensuring that crops receive the necessary hydration for optimal growth. This support not only enhances agricultural productivity but also contributes to the local economy by promoting sustainable farming practices. Additionally, the company plays a crucial role in water management, which is vital in addressing the challenges of water scarcity and ensuring that irrigation needs are met effectively. Through its dedicated services, Lake Ditch Company fosters a thriving agricultural ecosystem in the region.
This information is meant to be a general summary of Lake Ditch 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 2023.
- Investment Income: $500
- Gross Receipts: $669,764
Assets and Liabilities:
- Total Assets: $387,829
- Total Liabilities: $1,088
- Net Assets: $386,741
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Organization Details
Founding Year
1937
Principal Officer
Chris Benna
NTEE Category
Code: Z99 - Unknown
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