Fruitland Irrigation Co FY2024 filing

Not tax-deductible

Hotchkiss, COMutual-benefit / member-servingMutual / membership EIN 84-0207921Revenue $121K in FY2024

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

Before you give

FY2024 · 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
57 mo
of spending, in cash
Looks good: 57.4 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
$121K
+13% vs prior year
Spent
$91K
To programs
100%
Net assets
$676K
By yearFY2020–FY2025
Revenue
$121K
FY2024▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$106K
FY2021$105K
FY2022$106K
FY2023$107K
FY2024$121K
FY2025$125K
Expenses
$91K
FY2024▼ -31%
Tap a bar for its year
Expenses by fiscal year
FY2020$30K
FY2021$34K
FY2022$30K
FY2023$133K
FY2024$91K
FY2025$193K
Net assets
$676K
FY2024▲ +5%
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 FY2024 Form 990 (year ending November 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 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% · $91K

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 (FY2023); the FY2024 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 · $91K · in their own filed words · FY2023
01

Maintained and improved delivery system of irrigation water

$91Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$121K
Ln 12
Fees for servicesLn 2g$100K
Investment incomeLn 3$17K
Other incomeLn 4–11$4K
Money outPt IX
$91K
Ln 25
Programscol B$91K
Owns and owesPt X
$676K
net assets · Ln 32
Cash and savingsLn 1–2$437K
Total assetsLn 16$676K
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$100K
Investment incomeLn 3$17K
Other incomeLn 4–11$4K
Total revenueLn 12$121K
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$390K
Cash and savings togetherLn 1–2$437K
Land, buildings, equipmentLn 10c$220K
Other assetsLn 15$5K
Total assetsLn 16$676K
LiabilitiesLn 26$0
Net assetsLn 32$676K
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 FY24End FY24
Cash and savingsLn 1–2$415K$437K
Land, buildings, equipmentLn 10c$221K$220K
Total assetsLn 16$646K$676K
LiabilitiesLn 26$0$0
Net assetsLn 32$646K$676K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$14K$14K
Payroll taxesLn 10$2K$2K
Legal feesLn 11b$39K$39K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$3K$3K
Office expensesLn 13$618$618
OccupancyLn 16$801$801
Depreciation, depletion and amortizationLn 22$699$699
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$18K$18K
All other expensesLn 24e$5K$5K
Total functional expensesLn 25$91K$91K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $125K$193K−$68K$609K 990 PDF
FY2024 Viewing $121K$91K$30K$676K 990 PDF
FY2023 $107K$133K−$26K$646K 990 PDF
FY2022 $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 FY2024 990 (6 parts)
Part I · Summary $121,452 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $105,288$100,022
I-10 Investment incomePrior year $2,000$17,430
I-11 Other revenue$4,000
I-12 Total revenuePrior year $107,288$121,452
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $16,583$15,597
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $116,646$75,815
I-18 Total expensesPrior year $133,229$91,412
I-19 Revenue less expensesPrior year −$25,941$30,040
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 $121,452 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $100,022$100,022
VIII-3 Investment incomeRelated to mission $17,430$17,430
VIII-6 Net rental income or lossRelated to mission $4,000$4,000
VIII-12 Total revenueRelated to mission $121,452 · Unrelated business $0 · Excluded from tax $0$121,452
Part IX · Statement of functional expenses $91,412 across 11 lines filed
IX-7 Other salaries and wagesPrograms $13,819$13,819
IX-10 Payroll taxesPrograms $1,778$1,778
IX-11b Legal feesPrograms $38,701$38,701
IX-11c Accounting feesPrograms $2,417$2,417
IX-11g Other fees for servicesPrograms $2,736$2,736
IX-13 Office expensesPrograms $618$618
IX-16 OccupancyPrograms $801$801
IX-22 Depreciation, depletion and amortizationPrograms $699$699
IX-23 InsurancePrograms $7,629$7,629
IX-24 Other expenses (24a–d)Programs $17,669$17,669
IX-24e All other expensesPrograms $4,545$4,545
IX-25 Total functional expensesPrograms $91,412 · Management $0 · Fundraising $0$91,412
Part X · Balance sheet $675,874 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $42,122$46,737
X-2 Savings and temporary cash investmentsStart of year $372,943$390,353
X-4 Accounts receivableStart of year $5,230$13,943
X-10c Land, buildings and equipment, netStart of year $220,540$219,841
X-15 Other assetsStart of year $5,000$5,000
X-16 Total assetsStart of year $645,835$675,874
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $645,835$675,874
X-33 Total liabilities and net assetsStart of year $645,835$675,874
Part XI · Reconciliation of net assets $675,874 net assets at year end
XI-1 Total revenue$121,452
XI-2 Total expenses$91,412
XI-3 Revenue less expenses$30,040
XI-4 Net assets at start of year$645,835
XI-8 Prior period adjustments−$1
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$675,874

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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