Fruitland Irrigation Co FY2022 filing

Not tax-deductible

Hotchkiss, COMutual-benefit / member-servingMutual / membership EIN 84-0207921Revenue $106K in FY2022

On file with the IRSPo Box 846, 81419-0846 · Hotchkiss, COTax-exempt since Sep 1936

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Agricultural organization provides Irrigation water to shareholders

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
4 of 6
filings with a surplus
Average surplus $26K a year · 24% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
180 mo
of spending, in cash
Looks good: 179.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$106K
+0.8% vs prior year
Spent
$30K
To programs
100%
Net assets
$672K
By yearFY2020–FY2025
Revenue
$106K
FY2022▲ +0.8%
Tap a bar for its year
Revenue by fiscal year
FY2020$106K
FY2021$105K
FY2022$106K
FY2023$107K
FY2024$121K
FY2025$125K
Expenses
$30K
FY2022▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$30K
FY2021$34K
FY2022$30K
FY2023$133K
FY2024$91K
FY2025$193K
Net assets
$672K
FY2022▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$525K
FY2021$596K
FY2022$672K
FY2023$646K
FY2024$676K
FY2025$609K

From the FY2022 Form 990 (year ending November 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1936.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $30K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Fruitland Irrigation Co executive salaries →

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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 15aNo

Programs and updates

Provides irrigation water to agricultural shareholders.

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1 program · $30K · in their own filed words · FY2021
01

Maintained and improved delivery system of irrigation water

$30Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$106K
Ln 12
Fees for servicesLn 2g$106K
Money outPt IX
$30K
Ln 25
Programscol B$30K
Owns and owesPt X
$672K
net assets · Ln 32
Cash and savingsLn 1–2$445K
Total assetsLn 16$672K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$106K
Total revenueLn 12$106K
Assets in detailPt X, end of year
CashLn 1$74K
SavingsLn 2$371K
Cash and savings togetherLn 1–2$445K
Land, buildings, equipmentLn 10c$221K
Other assetsLn 15$5K
Total assetsLn 16$672K
LiabilitiesLn 26$0
Net assetsLn 32$672K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderNovember
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 FY22End FY22
Cash and savingsLn 1–2$366K$445K
Land, buildings, equipmentLn 10c$222K$221K
Total assetsLn 16$596K$672K
LiabilitiesLn 26$3$0
Net assetsLn 32$596K$672K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$7K$7K
Payroll taxesLn 10$558$558
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$94$94
Office expensesLn 13$795$795
OccupancyLn 16$1K$1K
Depreciation, depletion and amortizationLn 22$759$759
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$8K$8K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$30K$30K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $125K$193K−$68K$609K 990 PDF
FY2024 $121K$91K$30K$676K 990 PDF
FY2023 $107K$133K−$26K$646K 990 PDF
FY2022 Viewing $106K$30K$76K$672K 990 PDF
FY2021 $105K$34K$71K$596K 990 PDF
FY2020 $106K$30K$76K$525K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $105,811 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $104,948$105,811
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $104,948$105,811
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $6,799$7,877
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $27,427$21,803
I-18 Total expensesPrior year $34,226$29,680
I-19 Revenue less expensesPrior year $70,722$76,131
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $105,811 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $105,811$105,811
VIII-12 Total revenueRelated to mission $105,811 · Unrelated business $0 · Excluded from tax $0$105,811
Part IX · Statement of functional expenses $29,680 across 10 lines filed
IX-7 Other salaries and wagesPrograms $7,319$7,319
IX-10 Payroll taxesPrograms $558$558
IX-11c Accounting feesPrograms $2,855$2,855
IX-12 Advertising and promotionPrograms $94$94
IX-13 Office expensesPrograms $795$795
IX-16 OccupancyPrograms $1,357$1,357
IX-22 Depreciation, depletion and amortizationPrograms $759$759
IX-23 InsurancePrograms $6,898$6,898
IX-24 Other expenses (24a–d)Programs $7,903$7,903
IX-24e All other expensesPrograms $1,142$1,142
IX-25 Total functional expensesPrograms $29,680 · Management $0 · Fundraising $0$29,680
Part X · Balance sheet $671,776 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $94,776$73,706
X-2 Savings and temporary cash investmentsStart of year $271,002$370,952
X-4 Accounts receivableStart of year $2,864$871
X-10c Land, buildings and equipment, netStart of year $222,006$221,247
X-15 Other assetsStart of year $5,000$5,000
X-16 Total assetsStart of year $595,648$671,776
X-26 Total liabilitiesStart of year $3$0
X-32 Total net assets or fund balancesStart of year $595,645$671,776
X-33 Total liabilities and net assetsStart of year $595,648$671,776
Part XI · Reconciliation of net assets $671,776 net assets at year end
XI-1 Total revenue$105,811
XI-2 Total expenses$29,680
XI-3 Revenue less expenses$76,131
XI-4 Net assets at start of year$595,645
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$671,776

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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