Lower Platte & Beaver Canal Co

Organization Overview

Lower Platte & Beaver Canal Co is located in Hillrose, CO. The organization was established in 1962. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Lower Platte & Beaver Canal Co employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lower Platte & Beaver Canal Co is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Lower Platte & Beaver Canal Co generated $298.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $229.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DISTRIBUTION OF IRRIGATION WATER TO FARMERS (STOCKHOLDERS).

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTION OF IRRIGATION WATER TO FARMERS TO GROW THEIR CROPS TO FEED THE WORLD. CROPS INCLUDE CORN, SUGAR BEETS, ALFALFA, WHEAT, AND PINTO BEANS.


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Board, Officers & Key Employees

Name (title)Compensation
G Allyn Wind
Secretary
$2,750
James R Kissler
Director
$594
Terry R Linker
President
$550
Charles Snyder Jr
Vice Preside
$500
Scott May
Director
$500
J Robert Tuck
Director
$200

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$295,200
Investment income $397
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $298,113

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