Overview
What is Pleasant Valley Canal Co?
Pleasant Valley Canal Company is a California-based mutual ditch organization, comprising 78 members. They collectively fund the delivery of water for irrigation purposes from the Tule River. Additionally, they cover the maintenance expenses of a seven-mile-long ditch. The primary objective of this cooperative is to ensure a reliable water supply for their member-shareholders, contributing to the agricultural sector in an efficient manner.
Is Pleasant Valley Canal Co legitimate?
Pleasant Valley Canal Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pleasant Valley Canal Co submitted a form 990EZ, 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.
What is the mission statement of Pleasant Valley Canal Co?
The Pleasant Valley Canal Company, comprising 78 members, is primarily dedicated to ensuring the delivery of irrigation water from the Tule River. They also cover the maintenance costs associated with a seven-mile-long ditch. The company's primary objective is to provide this essential water resource to its member-shareholders, serving as a mutual ditch company based in California. The members collectively contribute to these operations, ensuring the successful irrigation of their lands.
Who is the CEO of Pleasant Valley Canal Co?
David Mchone is the President of Pleasant Valley Canal Co.
What is the revenue of Pleasant Valley Canal Co?
Pleasant Valley Canal Co's revenue in 2022 was $169,711.
Who are the executives of Pleasant Valley Canal Co and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Pleasant Valley Canal Co?
Pleasant Valley Canal Co's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Pleasant Valley Canal Co
Pleasant Valley Canal Company, comprised of 78 members, is a mutual ditch company in California. Their primary mission is to ensure the delivery of irrigation water from the Tule River to their shareholders. This is achieved by pooling their resources to cover both the costs of water delivery and the maintenance of a seven-mile-long ditch. By doing so, Pleasant Valley Canal Company provides essential irrigation water to its member-shareholders, thereby supporting their agricultural activities. This mutual ditch company operates as a cooperative, with each member contributing financially to ensure the overall well-being of the collective irrigation system.
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Impact
October, 2024
Pleasant Valley Canal Co plays a vital role in supporting local agriculture and ensuring sustainable water management in the Porterville area of California. By facilitating the delivery of irrigation water from the Tule River to its 78 member/shareholders, the organization helps maintain agricultural productivity. The maintenance of the seven-mile-long ditch is crucial for efficient water distribution, which in turn supports local food production.
The impact of Pleasant Valley Canal Co extends beyond just providing water; it fosters a sense of community among its members, who collectively manage resources that are essential for their livelihoods. The cooperative model encourages collaboration and shared responsibility for both water delivery and infrastructure maintenance, ultimately contributing to the overall resilience of the agricultural sector in the region.
This information is meant to be a general summary of Pleasant Valley Canal Co. 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.
- Program Service Revenue: $169,711
- Gross Receipts: $169,711
Assets and Liabilities:
- Total Assets: $426,009
- Total Liabilities: $991
- Net Assets: $425,018
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Organization Details
Principal Officer
David Mchone
Main Address
308 NORTH 2ND STREET, PORTERVILLE, CA, 93257
NTEE Category
Code: K20 - Food
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