Overview
What is Lone Oak Canal Company?
Lone Oak Canal Company is a nonprofit organization situated in central California. Its primary function is to oversee and manage the water rights of its members on the Lone Oak Canal Company. To maintain its operations, members are subject to regular assessments to cover all associated costs. The company serves as a collective entity for its members, ensuring the proper allocation and utilization of water resources.
Is Lone Oak Canal Company legitimate?
Lone Oak Canal Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lone Oak Canal Company 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 Lone Oak Canal Company?
The Lone Oak Canal Company's primary role is to oversee the water rights of its members located in central California. It ensures that all necessary costs are covered through member assessments. The company does not have a publicly stated mission or objective beyond managing these water rights. However, its operations imply a commitment to maintaining the water rights and associated infrastructure for its members.
Who is the CEO of Lone Oak Canal Company?
Mark Unruh is the President of Lone Oak Canal Company.
What is the revenue of Lone Oak Canal Company?
Lone Oak Canal Company's revenue in 2022 was $108,638.
Who are the executives of Lone Oak Canal Company 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 Lone Oak Canal Company?
Lone Oak Canal Company's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Lone Oak Canal Company
Lone Oak Canal Company, a managing entity, is dedicated to overseeing the water rights of its members on the Lone Oak Canal in central California. The organization's primary objective is to ensure that all associated costs related to managing these water rights are adequately covered through member assessments. The company's mission is to maintain an efficient and effective management system for its members, ensuring they have access to their water rights as needed.
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Impact
October, 2024
Lone Oak Canal Company plays a crucial role in the management of water rights for its members in central California. By efficiently overseeing the distribution and utilization of water resources through the Lone Oak Canal, the company ensures that agricultural lands are irrigated effectively, which is vital for local food production. This impact extends beyond individual members, contributing to the overall agricultural economy of the region and supporting food security. Additionally, the company's financial model, where members are assessed to cover operational costs, promotes sustainable water management practices and responsible stewardship of vital water resources.
This information is meant to be a general summary of Lone Oak Canal 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.
- Program Service Revenue: $108,638
- Gross Receipts: $108,638
Assets and Liabilities:
- Total Assets: $26,042
- Total Liabilities: $11,826
- Net Assets: $14,216
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Organization Details
Phone
(559) 582-4991Principal Officer
Mark Unruh
Main Address
PO Box 877, Corcoran, CA, 93212
NTEE Category
Code: K00 - Food
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