Montezuma Water Company 209 Central

Organization Overview

Montezuma Water Company 209 Central is located in Dolores, CO. The organization was established in 1967. 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 12/2023, Montezuma Water Company 209 Central employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montezuma Water Company 209 Central 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 12/2023, Montezuma Water Company 209 Central generated $4.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $4.4m during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE CLEAN, DEPENDABLE, POTABLE WATER TO MEMBERS IN RURAL SOUTHWESTERN COLORADO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MONTEZUMA WATER COMPANY IS A MEMBER OWNED, NOT-FOR-PROFIT DRINKING WATER PROVIDER THAT SUPPLIES CLEAN HEALTHY DRINKING WATER TO MORE THE 5,000 MEMBERS, OVER 3 COUNTIES IN SOUTHWEST COLORADO.


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Board, Officers & Key Employees

Name (title)Compensation
Steven K Bowman
General Manager
$145,438
Ronald W Roggenback
Plant Supervisor
$135,181
Warren J Conner
Field Crew Leader
$114,738
Douglas Coulon
Crew Leader-South
$107,500
Travis Willbanks
Plant Operator
$107,076
Lance C Miller
Controller
$98,629

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kimble Construction
Building Constructio
$648,388
Riley Industdries
Tank Cleaning
$143,607
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$587,850
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$180,302
Noncash contributions included in lines 1a–1f $180,302
Total Revenue from Contributions, Gifts, Grants & Similar$768,152
Total Program Service Revenue$3,931,186
Investment income $68,485
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$6,513
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,763,079

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