Denver Road Tap 42

Organization Overview

Denver Road Tap 42 is located in New Plymouth, ID. Denver Road Tap 42 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 12/2021, Denver Road Tap 42 generated $62.9k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $83.9k 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 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THE DENVER ROAD TAP 42 LATERAL ASSOCIATION WAS CREATED TO QUALIFY FOR COST-SHARE GRANTS FOR WATER CONSERVATION IMPROVEMENTS. CREATING THE TAX-EXEMPT ASSOCIATION WAS THE ONLY WAY WATER USERS ON TAP 42 LATERAL WERE ABLE TO APPLY FOR GRANTS THROUGH THE LOCAL DITCH COMPANY. GRANT FUNDS ARE THEN USED FOR IMPROVEMENTS TO THE OPEN DITCHES AND STRUCTURES THAT SUPPLY WATER TO THOSE WITH WATER SHARES FROM TAP 42 LATERAL. EACH PROJECT TO IMPROVE SECTIONS OF THE DITCH ARE PUT OUT FOR BIDS, ASSESSMENTS ARE GIVEN TO MEMBERS OF THE ASSOCIATION BASED UPON THE NUMBER OF WATER SHARES THEY HAVE WHICH WILL TOTAL 25% OF THE PROJECT COST. THE GRANTS THAT ARE AWARDED COVER 75% OF THE PROJECT IMPROVEMENTS COST. WE HAVE COMPLETED 4 PROJECTS ON TAP 42 LATERAL DITCH. THIS PROJECTS REVENUE FROM A GRANT WAS $62,888. ALLOCATION OF FEES FOR THE MEMBERS OF THE DITCH ASSOCIATION WERE $21,856 COLLECTED IN DECEMBER OF 2020 IN ORDER TO BEGIN THE PROJECT AND PURCHASE MATERIALS. EACH PROJECT HAS PIPED AN OPEN DITCH AND UPDATED STRUCTURES TO BETTER PROVIDE WATER TO SHARE HOLDERS. THE WHOLE PURPOSE OF THESE PROJECTS IS TO CONSERVE WATER AND PROVIDE WATER CLEAR OF DEBRIS THAT COMMONLY PLUGS SIPHON TUBES, GATED PIPE AND SPRINKLERS. THIS GRANT PROGRAM HAS GREATLY IMPROVED THE QUALITY OF IRRIGATION WATER PROVIDED TO WATER USERS ON TAP 42 LATERAL.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$62,888
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$62,888

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