Pleasant Valley Canal Co
- Assets
- $407.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Porterville, CA
- Founding
- 04/1979
- Data as of
- 12/2021
- EIN
- 94-0774812
Organization Overview
Pleasant Valley Canal Co is located in Porterville, CA. The organization was established in 1979. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pleasant Valley 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, Pleasant Valley Canal Co generated $180.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $121.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
78 MEMBERS OF A CA MUTUAL DITCH COMPANY PAY FOR THE DELIVERY OF WATER FOR IRRIGATION PURPOSES FROM THE TULE RIVER. THEY ALSO PAY FOR THE MAINTENANCE COSTS OF THE SEVEN MILE LONG DITCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Meek Secretary | 1 | $0 | |
Terry Treece Treasurer | 1 | $0 | |
Robert Fortino Director | 1 | $0 | |
William Glober Vice President | 1 | $0 | |
David Mchone President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $165,403 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $180,403 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,278 |
| Professional fees and other payments to independent contractors | $6,767 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,783 |
| Total expenses | $121,828 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,720 |
| Other assets | $0 |
| Total assets | $407,321 |
| Total liabilities | $1,093 |
| Net assets or fund balances | $406,228 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Parks Alliance San Francisco, CA | $18,998,455 | $13,460,764 |
Yosemite Foundation San Francisco, CA | $37,489,073 | $19,130,679 |
California State Parks Foundation San Francisco, CA | $15,437,554 | $10,182,673 |
Western National Parks Association Tucson, AZ | $16,969,884 | $10,617,011 |
City Fields Foundation San Francisco, CA | $32,251 | $525,011 |
Cherokee Memorial Park Lodi, CA | $30,465,199 | $7,494,218 |
Save Mount Diablo Walnut Creek, CA | $23,107,721 | $3,476,517 |
Crystal Cove Conservancy Newport Coast, CA | $7,212,040 | $4,737,613 |
Roosevelt Memorial Park Asso Gardena, CA | $6,728,586 | $5,961,574 |
Oaks Park Association Portland, OR | $15,243,848 | $2,154,099 |
Oakland Childrens Fairyland Inc Oakland, CA | $2,041,774 | $4,880,926 |
Gage Canal Company Riverside, CA | $3,778,956 | $3,287,704 |