Uncompahgre Valley Water Users

Not tax-deductible

Montrose, COMutual-benefit / member-servingSince 1903EIN 84-0340160Revenue $7.5M in FY2025

On file with the IRSPo Box 69, 81402-0069 · Montrose, COTax-exempt since Oct 1944

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To provide and distribute an adequate supply of Water for irrigation, mechanical and power purposes to the association's members.

69¢ of each $1 spent went to programs.
$138K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
5 of 6
filings with a surplus
Average surplus $385K a year · 6% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$138K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$7.0M
47% of total assets
Looks good: liabilities are 47% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.5M
+22% vs prior year
Spent
$6.3M
To programs
69%
Net assets
$7.9M
By yearFY2020–FY2025
Revenue
$7.5M
FY2025▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.3M
FY2021$5.2M
FY2022$4.9M
FY2023$4.9M
FY2024$6.1M
FY2025$7.5M
Expenses
$6.3M
FY2025▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.9M
FY2021$4.9M
FY2022$5.0M
FY2023$4.7M
FY2024$5.7M
FY2025$6.3M
Net assets
$7.9M
FY2025▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.5M
FY2021$5.7M
FY2022$5.9M
FY2023$6.1M
FY2024$6.8M
FY2025$7.9M

From the FY2025 Form 990 (year ending October 2025) · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1944.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $4.3M

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

10 people listed on the 990; $138K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Manager
$128,927Pt VII · Sec A
$1,188Pt VII · Sec A
Vice President
$1,166Pt VII · Sec A
$1,166Pt VII · Sec A
$1,148Pt VII · Sec A
President
$1,120Pt VII · Sec A
Secretary
$1,072Pt VII · Sec A
$1,008Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Steve Pope$128,927$117,149$104,671$2,084——
Steve Anderson———$110,825$105,040$108,275
Daris Jutten$1,166$1,726$2,279$1,390$2,062$1,496
Nancy Fishering$1,148$2,039$2,277$1,234——
Ryan Whitfield$1,188$1,428$1,362$1,752$1,942$1,420
Steve Shea———$348$1,814$1,864
Todd Stewart—$280$1,390$1,290$1,832$1,776
George Etchart———$430$1,788$1,498

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

Supplies water for irrigation and power to its members.

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Provided by the organization

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2 programs · $4.3M · in their own filed words · FY2024
01

To operate and maintain the uncompahgre valley irrigation system.

$3.9Mprogram expense
02

The replacement of unlined irrigation laterals with buried pipe for selenium reduction purposes.

$469Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$7.5M
Ln 12
Fees for servicesLn 2g$7.1M
Investment incomeLn 3$352K
Money outPt IX
$6.3M
Ln 25
Programscol B$4.3M
Owns and owesPt X
$7.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.4M
Total assetsLn 16$14.9M
LiabilitiesLn 26$7.0M
PeoplePt VI, VII
10
listed · VII A
PaidVII A10
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$7.1M
Investment incomeLn 3$352K
Gains on assetsLn 7−$348
Total revenueLn 12$7.5M
Assets in detailPt X, end of year
CashLn 1$149K
SavingsLn 2$3.2M
Cash and savings togetherLn 1–2$3.4M
InvestmentsLn 11–13$387K
Land, buildings, equipmentLn 10c$796K
Other assetsLn 15$2.5M
Total assetsLn 16$14.9M
LiabilitiesLn 26$7.0M
Net assetsLn 32$7.9M
OperationsPt I, VI
EmployeesI 551
VolunteersI 60
Fiscal year endsHeaderOctober
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 FY25End FY25
Cash and savingsLn 1–2$2.7M$3.4M
InvestmentsLn 11–13$108K$387K
Land, buildings, equipmentLn 10c$936K$796K
Total assetsLn 16$15.8M$14.9M
LiabilitiesLn 26$9.0M$7.0M
Net assetsLn 32$6.8M$7.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$478K
Pension plan contributionsLn 8$18K
Other employee benefitsLn 9$11K
Payroll taxesLn 10$41K
Legal feesLn 11b$76K
Accounting feesLn 11c$130K
Other fees for servicesLn 11g$293K
Office expensesLn 13$72K
TravelLn 17$48K
InterestLn 20$122K
Depreciation, depletion and amortizationLn 22$121K
InsuranceLn 23$160K
Other expenses (24a–d)Ln 24$3.3M
All other expensesLn 24e$1.5M
Total functional expensesLn 25$6.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $7.5M$6.3M$1.2M$7.9M 990 PDF
FY2024 $6.1M$5.7M$450K$6.8M 990 PDF
FY2023 $4.9M$4.7M$132K$6.1M 990 PDF
FY2022 $4.9M$5.0M−$63K$5.9M 990 PDF
FY2021 $5.2M$4.9M$271K$5.7M 990 PDF
FY2020 $7.3M$6.9M$360K$5.5M 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 FY2025 990 (6 parts)
Part I · Summary $7,486,462 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $5,733,640$7,134,962
I-10 Investment incomePrior year $387,656$351,500
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $6,121,296$7,486,462
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $569,487$548,147
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,102,103$5,777,085
I-18 Total expensesPrior year $5,671,590$6,325,232
I-19 Revenue less expensesPrior year $449,706$1,161,230
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $7,486,462 across 4 lines filed
Lines not itemized here account for $18,150 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,116,812$7,116,812
VIII-3 Investment incomeRelated to mission $228,856 · Excluded from tax $122,992$351,848
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$348−$348
VIII-12 Total revenueRelated to mission $7,363,818 · Unrelated business $0 · Excluded from tax $122,644$7,486,462
Part IX · Statement of functional expenses $6,325,232 across 14 lines filed
IX-7 Other salaries and wages$477,662
IX-8 Pension plan contributions$17,882
IX-9 Other employee benefits$11,273
IX-10 Payroll taxes$41,330
IX-11b Legal fees$76,460
IX-11c Accounting fees$130,284
IX-11g Other fees for services$292,675
IX-13 Office expenses$71,622
IX-17 Travel$47,520
IX-20 Interest$121,626
IX-22 Depreciation, depletion and amortization$121,216
IX-23 Insurance$159,600
IX-24 Other expenses (24a–d)$3,301,321
IX-24e All other expenses$1,454,761
IX-25 Total functional expenses$6,325,232
Part X · Balance sheet $14,879,799 assets, 16 lines filed
Asset lines not itemized here account for $7,553,728; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $410,464$148,896
X-2 Savings and temporary cash investmentsStart of year $2,263,633$3,218,313
X-4 Accounts receivableStart of year $16,323$0
X-8 Inventories for sale or useStart of year $1,330,596$199,955
X-9 Prepaid expenses and deferred chargesStart of year $42,972$44,789
X-10c Land, buildings and equipment, netStart of year $936,263$795,975
X-11 Publicly traded securities$263,626
X-12 Other securitiesStart of year $108,197$123,779
X-15 Other assetsStart of year $2,090,973$2,530,738
X-16 Total assetsStart of year $15,759,820$14,879,799
X-17 Accounts payable and accrued expensesStart of year $503,381$426,921
X-19 Deferred revenueStart of year $2,468,902$1,087,541
X-25 Other liabilitiesStart of year $6,018,073$5,502,632
X-26 Total liabilitiesStart of year $8,990,356$7,017,094
X-32 Total net assets or fund balancesStart of year $6,769,464$7,862,705
X-33 Total liabilities and net assetsStart of year $15,759,820$14,879,799
Part XI · Reconciliation of net assets $7,862,705 net assets at year end
XI-1 Total revenue$7,486,462
XI-2 Total expenses$6,325,232
XI-3 Revenue less expenses$1,161,230
XI-4 Net assets at start of year$6,769,464
XI-9 Other changes in net assets−$67,989
XI-10 Net assets at end of year$7,862,705

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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