Public Charity

GRINDSTONE BUTTE MUTUAL CANAL CO

GRINDSTONE BUTTE MUTUAL CANAL CO is a Public Charity headquartered in CHAMPAIGN, IL. Financial data from the 2024 filing: $4.3M revenue, $4.3M expenses, $200 total assets.

EIN: 820304588 CHAMPAIGN, IL Latest filing: 2024
Total Revenue$4.3M
Total Expenses$4.3M
Total Assets$200
Grant Records0
Filing Years2020–2024

Mission

TO MAINTAIN AN IRRIGATION SYSTEM NEEDED TO PROVIDE WATER TO FARMS OF THE CANAL COMPANY'S MEMBERS.

Where $100 goes at Grindstone Butte Mutual Canal Co

How Grindstone Butte Mutual Canal Co divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Grindstone Butte Mutual Canal company maintains an irrigation system needed to provide water to farms of the canal company's members
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDE Bret Andersen
PRESIDENT Michael Stockburger

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $4.3M $4.3M $200
2023 $4.4M $4.4M $200
2022 $4.6M $4.6M $200
2021 $3.8M $3.8M $200
2020 $3.0M $3.0M $200

Between 2020 and 2024, reported annual revenue grew from $3.0M to $4.3M (+45%), with total assets most recently reported at $200.

Interactive year-over-year charts and full filing details available with membership.

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