Greeley Irrigation Company is located in Greeley, CO. As of 12/2015, Greeley Irrigation Company employed 2 individuals. Greeley Irrigation Company 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
DELIVERY OF IRRIGATION WATER
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVED APPROXIMATELY 150 PATRONS WITH WATER FOR PRIMARILY AGRICULTURAL PURPOSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roger Schmidt President | OfficerTrustee | 5 | $0 |
Richard Espenson Director | Trustee | 3 | $0 |
Doug Carter Director | Trustee | 3 | $0 |
Randy Knutson Vice President | OfficerTrustee | 3 | $0 |
Randy Ray Director | Trustee | 3 | $0 |
Eric Reckentine Director | Trustee | 5 | $0 |
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 | $221,831 |
Investment income | $20 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $14,334 |
Net Rental Income | $16,135 |
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 | $330,269 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $62,266 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,057 |
Fees for services: Management | $0 |
Fees for services: Legal | $62,228 |
Fees for services: Accounting | $16,025 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,426 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $78,594 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $64,390 |
Insurance | $9,323 |
All other expenses | $6,326 |
Total functional expenses | $350,036 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $46,041 |
Savings and temporary cash investments | $30,900 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,067,780 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $11,049 |
Other assets | $12,997 |
Total assets | $1,168,767 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,134,839 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,134,839 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $12,996 |
Paid-in or capital surplus, or land, building, or equipment fund | $20,932 |
Total net assets or fund balances | $33,928 |