Weldon Valley Ditch Co FY2020 filing

Not tax-deductible

Weldona, COMutual-benefit / member-servingEIN 84-0445294Revenue $181K in FY2020

On file with the IRSPo Box 626, 80653-0626 · Weldona, COTax-exempt since Sep 1996

This page gets seen. Tell your story. Claim this org.

This is a mutual ditch company organized to deliver water to its 65 shareholders

$14K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2020 · 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
3 of 6
filings with a surplus
Average deficit $11K a year · 8% 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
$14K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
16 mo
of spending, in cash
Looks good: 16.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$89K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$181K
Spent
$138K
To programs
0%
Net assets
$299K
By yearFY2020–FY2025
Revenue
$181K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$181K
FY2021$178K
FY2022$129K
FY2023$98K
FY2024$98K
FY2025$164K
Expenses
$138K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$138K
FY2021$145K
FY2022$124K
FY2023$148K
FY2024$157K
FY2025$205K
Net assets
$299K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$299K
FY2021$332K
FY2022$337K
FY2023$287K
FY2024$229K
FY2025$187K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 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 1996.

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; $14K paid to officers and key staff.

Part VII, Section A · reportable compensation
Employee
$14,200Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ron Higgins$15,400$15,400$15,400$15,400$14,200$14,200
Eric Christensen$6,200$6,200$6,250———
Wade Castor$200$200$250———
Justin Hawkins$200$200$250———
Rick Lorenzini$200$150$250———
A Foy Chapin$200$150$200———

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.

See Weldon Valley Ditch Co executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Delivers water to its 65 shareholders.

Questions for Weldon Valley Ditch Co

Tap to ask. Weldon Valley Ditch Co sees how many people are interested.

Your first name shows with your question. Weldon Valley Ditch Co answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $52K · in their own filed words · FY2020
01

System Maintenance

to maintain ditch, which includes removing trees, weeds; repairing retaining walls and the gates; hauling in materials to maintain the ditch bank

$21Kprogram expense
02

Engineering Fees

to calculate water retiming, calculate historical water use

$16Kprogram expense
03

Payroll

to pay the ditch rider to operate the ditch according to the needs of the stockholders within the by-laws of the Weldon Valley Ditch Co

$15Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$181K
Ln 12
Fees for servicesLn 2g$181K
Other incomeLn 4–11$501
Investment incomeLn 3$318
Money outPt IX
$138K
Ln 25
Owns and owesPt X
$299K
net assets · Ln 32
Cash and savingsLn 1–2$187K
Total assetsLn 16$388K
LiabilitiesLn 26$89K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$181K
Investment incomeLn 3$318
Other incomeLn 4–11$501
Total revenueLn 12$181K
Assets in detailPt X, end of year
CashLn 1$187K
SavingsLn 2$0
Cash and savings togetherLn 1–2$187K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$137K
Other assetsLn 15$64K
Total assetsLn 16$388K
LiabilitiesLn 26$89K
Net assetsLn 32$299K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$168K$187K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$116K$137K
Total assetsLn 16$349K$388K
LiabilitiesLn 26$93K$89K
Net assetsLn 32$256K$299K
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$0
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$1K
Management feesLn 11a$0
Legal feesLn 11b$40K
Accounting feesLn 11c$2K
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$292
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$9K
InterestLn 20$2K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$12K
InsuranceLn 23$2K
All other expensesLn 24e$55K
Total functional expensesLn 25$138K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $164K$205K−$42K$187K 990 PDF
FY2024 $98K$157K−$59K$229K 990 PDF
FY2023 $98K$148K−$50K$287K 990 PDF
FY2022 $129K$124K$4K$337K 990 PDF
FY2021 $178K$145K$33K$332K 990 PDF
FY2020 Viewing $181K$138K$43K$299K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2020 990 (6 parts)
Part I · Summary $181,460 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $300,931$180,641
I-10 Investment incomePrior year $271$318
I-11 Other revenuePrior year $449$501
I-12 Total revenuePrior year $301,651$181,460
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 $15,286$15,286
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $166,120$122,861
I-18 Total expensesPrior year $181,406$138,147
I-19 Revenue less expensesPrior year $120,245$43,313
Part VI · Governance 0 of 5 board members independent, 5 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
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
Part VIII · Statement of revenue $181,460 across 4 lines filed
Lines not itemized here account for $181,142 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeRelated to mission $318 · Unrelated business $0 · Excluded from tax $0$318
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $181,460 · Unrelated business $0 · Excluded from tax $0$181,460
Part IX · Statement of functional expenses $138,147 across 30 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$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$14,200
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$1,086
IX-11a Management fees$0
IX-11b Legal fees$40,228
IX-11c Accounting fees$1,650
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$292
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$9,290
IX-20 Interest$2,422
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$11,698
IX-23 Insurance$2,146
IX-24e All other expenses$55,135
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$138,147
Part X · Balance sheet $387,980 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $168,465$187,296
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $116,383$136,684
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $64,000$64,000
X-16 Total assetsStart of year $348,848$387,980
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $93,142$88,962
X-32 Total net assets or fund balancesStart of year $255,706$299,018
X-33 Total liabilities and net assetsStart of year $348,848$387,980
Part XI · Reconciliation of net assets $299,018 net assets at year end
XI-1 Total revenue$181,460
XI-2 Total expenses$138,147
XI-3 Revenue less expenses$43,313
XI-4 Net assets at start of year$255,706
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$299,018

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.