Uncompahgre Valley Water Users
- Assets
- $12.6m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 49
- Location
- Montrose, CO
- Founding
- 10/1944
- Data as of
- 10/2022
- EIN
- 84-0340160
Organization Overview
Uncompahgre Valley Water Users is located in Montrose, CO. The organization was established in 1944. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 10/2022, Uncompahgre Valley Water Users employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uncompahgre Valley Water Users 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 10/2022, Uncompahgre Valley Water Users generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $5.0m during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND DISTRIBUTE AN ADEQUATE SUPPLY OF WATER FOR IRRIGATION, MECHANICAL AND POWER PURPOSES TO THE ASSOCIATION'S MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE AND MAINTAIN THE UNCOMPAHGRE VALLEY IRRIGATION SYSTEM.
THE REPLACEMENT OF UNLINED IRRIGATION LATERALS WITH BURIED PIPE FOR SELENIUM REDUCTION PURPOSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Anderson Manager | OfficerTrustee | 50 | $110,825 |
Steve Pope Manager | OfficerTrustee | 50 | $2,084 |
Ryan Whitfield Director | Trustee | 2 | $1,752 |
Doug Wilson Secretary | OfficerTrustee | 2 | $1,528 |
Daris Jutten President | OfficerTrustee | 2 | $1,390 |
Randy Friend Treasurer | OfficerTrustee | 2 | $1,362 |
Financial Statements
| 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 | $4,623,279 |
| Investment income | $264,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,912,421 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $414,944 |
| Pension plan accruals and contributions | $34,700 |
| Other employee benefits | $41,280 |
| Payroll taxes | $72,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,354 |
| Fees for services: Accounting | $41,296 |
| 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 | $66,941 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,315 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $138,834 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $408,750 |
| Insurance | $218,447 |
| All other expenses | $215,673 |
| Total functional expenses | $4,974,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,296 |
| Savings and temporary cash investments | $1,494,045 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $604,644 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,888,542 |
| Inventories for sale or use | $57,079 |
| Prepaid expenses and deferred charges | $49,568 |
| Net Land, buildings, and equipment | $971,730 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,112,273 |
| Total assets | $12,568,177 |
| Accounts payable and accrued expenses | $489,579 |
| Grants payable | $0 |
| Deferred revenue | $900,600 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,281,050 |
| Total liabilities | $6,671,229 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $5,896,948 |
| Total liabilities and net assets/fund balances | $12,568,177 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sedgwick County Electric Cooperative Association Inc Cheney, KS | $36,473,709 | $18,891,382 |
Roosevelt County Electric Cooperative Incorporated Portales, NM | $65,511,753 | $18,141,245 |
Wheatland Rural Electric Association Wheatland, WY | $32,258,120 | $17,112,530 |
Carbon Power & Light Inc Saratoga, WY | $55,820,091 | $15,960,147 |
Consolidated Mutual Water Company Lakewood, CO | $221,800,692 | $15,225,271 |
Lyon-Coffey Electric Cooperative Inc Burlington, KS | $47,592,400 | $15,534,958 |
Big Horn Rural Electric Company Basin, WY | $40,876,204 | $16,016,362 |
Ark Valley Electric Cooperative Assn Inc South Hutchinson, KS | $45,661,646 | $15,134,706 |
Panhandle Rural Electric Membership Association Alliance, NE | $41,224,706 | $16,400,067 |
Graham County Electric Cooperative Inc Pima, AZ | $54,360,204 | $15,258,294 |
Columbus Electric Cooperative Inc Deming, NM | $51,291,020 | $15,018,624 |
Bridger Valley Electric Association Inc Mountain View, WY | $29,731,206 | $13,433,186 |