Animas Valley Ditch & Water Company
- Assets
- $159.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durango, CO
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 84-0813751
Organization Overview
Animas Valley Ditch & Water Company is located in Durango, CO. The organization was established in 2018. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Animas Valley Ditch & Water 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.
For the year ending 12/2021, Animas Valley Ditch & Water Company generated $73.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $36.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ALL RECEIPTS (ASSESSMENT FEES) REPRESENT PAYMENT FOR THE DITCH COMPANY TO DELIVER WATER TO ALL SHAREHOLDERS AS LAID OUT IN OUR BYLAWS. SERVICES PERFORMED INCLUDE YEARLY CLEANING OF THE DITCH, REPAIRS TO THE DITCH AND CONSTANT ADJUSTMENT OF WATER LEVELS IN THE DITCH DURING IRRIGATION SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Butch Knowlton Board Member | 0 | $0 | |
Michael Bruce Vice Preside | 0 | $0 | |
John Dillon Board Member | 0 | $0 | |
Tony Ganzerla President | 0 | $0 | |
Chara Ragland Secretary | 0 | $0 | |
Tonya Edwards-Mcknight Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,749 |
| Membership dues | $0 |
| Investment income | $293 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,042 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,072 |
| Total expenses | $36,072 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,507 |
| Other assets | $0 |
| Total assets | $159,507 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,507 |
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| Organization Name | Assets | Revenue |
|---|---|---|
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Utah Lake Water Users Association Inc Salt Lake City, UT | $13,896,223 | $719,672 |
Oquirrh Mountain Water Company North Salt Lake, UT | $10,266,390 | $445,867 |
130 Regional Water Sypply Corporation Phoenix, AZ | $4,164,078 | $679,483 |
Richmond Irrigation & Power Company Richmond, UT | $5,381,853 | $298,527 |
La Canada Wireless Association Santa Fe, NM | $233,647 | $492,979 |
Mountain View Irrigation Inc Ogden, UT | $3,700,524 | $1,322,470 |
Leehammond Water Treatment Plant Bloomfield, NM | $0 | $477,941 |
Lower Logan Well Users Inc Sterling, CO | $491,673 | $451,948 |
Mapleton Irrigation Company Springville, UT | $2,602,435 | $813,808 |