Elwood Dam, located in Gosper, Nebraska, is a key piece of infrastructure managed by a public utility for the purpose of irrigation. Completed in 1976, this Earth dam stands at a towering height of 128 feet and spans 4080 feet in length, with a capacity to hold 45,991 acre-feet of water. The dam, situated on TR-PLUM CREEK, falls under the jurisdiction of the NE DNR and is subject to regular state inspection and enforcement to ensure its safety and functionality.

With a significant hazard potential, Elwood Dam has been deemed to be in satisfactory condition as of the last inspection in July 2018. The dam's primary purpose of irrigation underscores its critical role in water resource management for the region, serving a drainage area of 6.8 square miles. Despite its age, Elwood Dam continues to play a vital role in water supply and flood control efforts in the area, highlighting the importance of regular maintenance and oversight to ensure its continued efficacy in the face of changing climate conditions.