Panaca Farmstead Association

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

EIN: 880109920 ✦ Panaca, NV ✦ Designated as a 501(c)(12)

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Overview

What is Panaca Farmstead Association?

The Panaca Farmstead Association, located in Panaca, Nevada (PO Box 597), is a nonprofit organization dedicated to serving the local community. Their primary focus is on providing essential human services. Specifically, they manage and maintain a water supply, distribution lines, and service lines for their members, as well as sewer services. This association advances state and local interests, working tirelessly to contribute positively to their community. They employ a team of five individuals, committed to improving the quality of life for their members.

Is Panaca Farmstead Association legitimate?

Panaca Farmstead Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Panaca Farmstead 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,196

For more financial information, click here

What is the mission statement of Panaca Farmstead Association?

The Panaca Farmstead Association's mission is centered around the advancement of state and local interests. Their primary objective is to provide essential human services. In accomplishing this, they undertake the installation, maintenance, and operation of a water supply, distribution lines, and service lines for their association members. Additionally, they ensure the installation, maintenance, and operation of sewer services for their member base.

Who is the CEO of Panaca Farmstead Association?

Eric Holt is the President of Panaca Farmstead Association.

What is the revenue of Panaca Farmstead Association?

Panaca Farmstead Association's revenue in 2022 was $428,845.

Who are the executives of Panaca Farmstead Association and what are their salaries?

The average compensation at Panaca Farmstead Association during 2022 was $23,439. There are 5 employees at Panaca Farmstead Association.


Here are 5 key members and their salaries:


Mike Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Frehner (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Hansen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Holt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Lee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Panaca Farmstead Association?

Panaca Farmstead Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Panaca Farmstead Association

The Panaca Farmstead Association, a nonprofit organization, is dedicated to advancing state and local interests with the primary objective of providing essential human services. Their mission can be described as working towards the betterment of communities by installing, maintaining, and operating vital water supply and distribution lines, as well as sewer services, for their members. This commitment to essential services ensures the well-being and comfort of the association's members, contributing significantly to the overall wellness of the communities they serve.

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Impact




October, 2024

The Panaca Farmstead Association significantly enhances the quality of life for residents in Panaca, Nevada, by focusing on essential human services. Its primary impact lies in the installation, maintenance, and operation of crucial water supply systems and sewer services. By ensuring a reliable distribution of clean water and proper waste management, the association not only supports public health but also fosters community well-being and sustainability. This commitment to advancing state and local interests helps to create a safer and more resilient environment for all members of the association.




This information is meant to be a general summary of Panaca Farmstead 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.

Revenue
$428,845 (2022)
Expenses
$396,953 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $957
  • Program Service Revenue: $412,487
  • Gross Receipts: $428,845

Assets and Liabilities:

  • Total Assets: $3,266,438
  • Total Liabilities: $13,308
  • Net Assets: $3,253,130

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Programs

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

WATER AND SEWER FEES

Revenue

$388,402

CONNECTION FEES

Revenue

$17,500

CONTRACT INCOME

Revenue

$6,585

Organization Details

Founding Year

1982

Principal Officer

Eric Holt

Main Address

PO BOX 597, PANACA, NV, 89042

NTEE Category

Code: W80 - Public benefit

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