Chatfield Reservoir Mitigation FY2021 filing

Littleton, COUnknown exempt organizationEIN 47-5294809Revenue $4.0M in FY2021

On file with the IRSchatfieldreallocation.org/crmc9308 S Wadsworth Blvd · Littleton, CO

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The Chatfield Reservoir Mitigation Company, Inc. implements environmental mitigation and recreational modifications to allow reliable water storage to enhance water supplies for current and future generations, primarily through implementation of the Chatfield Storage Reallocation Project.

$196K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $1.7M a year · 21% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$196K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$899K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.0M
-88% vs prior year
Spent
$3.2M
To programs
0%
Net assets
$7.6M
By yearFY2020–FY2025
Revenue
$4.0M
FY2021▼ -88%
Tap a bar for its year
Revenue by fiscal year
FY2020$33.4M
FY2021$4.0M
FY2022$2.9M
FY2023$2.1M
FY2024$1.9M
FY2025$3.4M
Expenses
$3.2M
FY2021▼ -86%
Tap a bar for its year
Expenses by fiscal year
FY2020$23.4M
FY2021$3.2M
FY2022$2.8M
FY2023$2.9M
FY2024$1.9M
FY2025$3.4M
Net assets
$7.6M
FY2021▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.8M
FY2021$7.6M
FY2022$8.2M
FY2023$7.4M
FY2024$7.4M
FY2025$7.4M

From the FY2021 Form 990 (year ending September 2021) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

6 people listed on the 990; $196K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
General Manager
$196,363Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Charly Hoehn$168,933$196,363$195,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves water storage and recreation by completing environmental projects.

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Provided by the organization

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1 program · $2.8M · in their own filed words · FY2020
01

The Chatfield Reservoir Mitigation Company, Inc. is undertaking necessary recreational modifications and environmental mitigations in the vicinity of Chatfield State Park to implement the Chatfield Storage Reallocation Project.

$2.8Mprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.0M
Ln 12
Fees for servicesLn 2g$3.8M
Other incomeLn 4–11$200K
Investment incomeLn 3$215
Money outPt IX
$3.2M
Ln 25
Owns and owesPt X
$7.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.1M
Total assetsLn 16$8.5M
LiabilitiesLn 26$899K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$3.8M
Investment incomeLn 3$215
Other incomeLn 4–11$200K
Gains on assetsLn 7$0
Total revenueLn 12$4.0M
Assets in detailPt X, end of year
CashLn 1$2.1M
SavingsLn 2$0
Cash and savings togetherLn 1–2$2.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$6.0M
Total assetsLn 16$8.5M
LiabilitiesLn 26$899K
Net assetsLn 32$7.6M
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.9M$2.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$8.2M$8.5M
LiabilitiesLn 26$1.5M$899K
Net assetsLn 32$6.8M$7.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$196K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$14K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$93K
Accounting feesLn 11c$60K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$19K
Other expenses (24a–d)Ln 24$2.7M
All other expensesLn 24e$89K
Total functional expensesLn 25$3.2M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.4M$3.4M−$13K$7.4M 990 PDF
FY2024 $1.9M$1.9M−$27K$7.4M 990 PDF
FY2023 $2.1M$2.9M−$783K$7.4M 990 PDF
FY2022 $2.9M$2.8M$118K$8.2M 990 PDF
FY2021 Viewing $4.0M$3.2M$804K$7.6M 990 PDF
FY2020 $33.4M$23.4M$10.0M$6.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $3,984,353 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $33,395,057$3,784,138
I-10 Investment incomePrior year $1,433$215
I-11 Other revenue$200,000
I-12 Total revenuePrior year $33,396,490$3,984,353
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $428,420$210,005
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $22,945,569$2,970,822
I-18 Total expensesPrior year $23,373,989$3,180,827
I-19 Revenue less expensesPrior year $10,022,501$803,526
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,984,353 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,784,138$3,784,138
VIII-3 Investment incomeExcluded from tax $215$215
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $200,000$200,000
VIII-12 Total revenueRelated to mission $3,984,138 · Excluded from tax $215$3,984,353
Part IX · Statement of functional expenses $3,180,827 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$196,363
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$13,642
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$93,004
IX-11c Accounting fees$59,747
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$18,597
IX-24 Other expenses (24a–d)$2,710,143
IX-24e All other expenses$89,331
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$3,180,827
Part X · Balance sheet $8,467,509 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $1,890,937$2,112,825
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $317,122$347,364
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $7,540$7,320
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $6,000,000$6,000,000
X-16 Total assetsStart of year $8,215,599$8,467,509
X-17 Accounts payable and accrued expensesStart of year $642,053$329,710
X-25 Other liabilitiesStart of year $808,439$569,166
X-26 Total liabilitiesStart of year $1,450,492$898,876
X-32 Total net assets or fund balancesStart of year $6,765,107$7,568,633
X-33 Total liabilities and net assetsStart of year $8,215,599$8,467,509
Part XI · Reconciliation of net assets $7,568,633 net assets at year end
XI-1 Total revenue$3,984,353
XI-2 Total expenses$3,180,827
XI-3 Revenue less expenses$803,526
XI-4 Net assets at start of year$6,765,107
XI-10 Net assets at end of year$7,568,633

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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