Overview
What is Colusa Drain Mutual Water Company?
The Colusa Drain Mutual Water Company is a nonprofit organization, specifically categorized as a mutual water company, situated in the realm of agricultural irrigation. This company, exempt from federal taxes under Section 501(c)12, offers its services to its membership at an affordable cost. Its primary function is to facilitate water irrigation for agricultural purposes, ensuring that farmers and farmers' cooperatives have access to the necessary water resources for their crops. By providing this service at a cost-effective price, the Colusa Drain Mutual Water Company plays a vital role in supporting the agricultural sector in its area.
Is Colusa Drain Mutual Water Company legitimate?
Colusa Drain Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Colusa Drain Mutual Water 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,602
For more financial information, click here
What is the mission statement of Colusa Drain Mutual Water Company?
The Colusa Drain Mutual Water Company, as a mutual water organization, is primarily focused on providing agricultural irrigation services to its members at an affordable cost. Operating under Section 501(c)12, the company enjoys federal tax exemption status. Its mission can be understood as serving its members' irrigation needs while maintaining its financial exempt status. The company's operations revolve around its irrigation water program, which is designed to support the agricultural sector effectively.
Who is the CEO of Colusa Drain Mutual Water Company?
Doug Mcgeoghegan is the President of Colusa Drain Mutual Water Company.
What is the revenue of Colusa Drain Mutual Water Company?
Colusa Drain Mutual Water Company's revenue in 2022 was $230,311.
Who are the executives of Colusa Drain Mutual Water Company and what are their salaries?
The average compensation at Colusa Drain Mutual Water Company during 2022 was $17,602. There is 1 employee at Colusa Drain Mutual Water Company.
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Where can I find the form 990 for Colusa Drain Mutual Water Company?
Colusa Drain Mutual Water Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Colusa Drain Mutual Water Company
Colusa Drain Mutual Water Company, as a mutual water organization, is committed to providing agricultural irrigation services to its members at an affordable cost. Acting under the tax-exempt status granted by the federal government under Section 501(c)12, the company aims to ensure that its members have access to necessary irrigation water for their agricultural activities. By operating in this manner, Colusa Drain Mutual Water Company contributes to the success and sustainability of agricultural ventures within its membership base.
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Impact
October, 2024
Colusa Drain Mutual Water Company plays a crucial role in providing agricultural irrigation services to its members, allowing farmers to access water resources at cost-effective rates. This support is essential for local agriculture, enabling crop production and promoting food security within the region. By operating as a mutual water company, it aligns the interests of its members, ensuring that they can sustain their farming activities without the financial burden of excessive water costs. The company's impact extends beyond individual farmers, contributing to the economic vitality of the Colusa community and supporting the broader agricultural sector in California.
This information is meant to be a general summary of Colusa Drain Mutual Water 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: $325
- Program Service Revenue: $229,986
- Gross Receipts: $230,311
Assets and Liabilities:
- Total Assets: $724,972
- Total Liabilities: $87,982
- Net Assets: $636,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$229,986
Organization Details
Founding Year
1988
Phone
(530) 458-4849Principal Officer
Doug Mcgeoghegan
Main Address
PO BOX 329, COLUSA, CA, 95932
NTEE Category
Code: K20 - Food
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