Mancos Rural Water Co

Organization Overview

Mancos Rural Water Co is located in Mancos, CO. The organization was established in 1973. 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 11/2022, Mancos Rural Water Co employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mancos Rural Water Co 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 11/2022, Mancos Rural Water Co generated $543.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $579.6k during the year ending 11/2022. While expenses have increased by 6.2% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE MANCOS RURAL WATER COMPANY IS TO FURNISH POTABLE WATER AND RELATED SERVICES TO MEMBERS LOCATED IN THE MANCOS VALLEY SURROUNDING THE TOWN OF MANCOS, COLORADO

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2022 MANCOS RURAL WATER COMPANY SOLD EIGHT NEW MEMBERSHIPS, MAKING THE TOTAL MEMBERS EQUAL TO 703, 90 OF WHICH ARE INACTIVE (METER NOT INSTALLED). DURING THE YEAR THE COMPANY INSTALLED EIGHT NEW METERS. THE COMPANY ALSO CONDUCTED WATER QUALITY TESTING REQUIRED BY THE COLORADO DEPARTMENT OF PUBLIC HEALTH WITHOUT ANY ISSUES. TWENTY SEVEN REPAIRS WERE MADE TO THE SYSTEM WITH FIVE BEING SCHEDULED AND TWENTY TWO EMERGENCIES. FINALLY, STORAGE TANKS WERE MONITORED FOR PHYSICAL INTEGRITY; THEY WERE IN THE FIRST OF A FIVE YEAR MAINTENANCE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Raymond Keith
President
$0
Rob Kirks
Treasurer
$0
Ben Wolcott
Vice President
$0
Terry Cox
Director
$0
Oren Pilcher
Director
$0
Todd Sehnert
Director
$0

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$532,090
Investment income $354
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $543,824

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