Legacy Water Inc is located in Greenwood Village, CO. The organization was established in 2015. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Water Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Legacy Water Inc generated $50.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATING THE PUBLIC AND POLICY MAKERS ABOUT ISSUES RELATED TO AGRICULTURE AND MUNICIPAL WATER RIGHTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Alice Mandarich Executive Director | 12 | $30,000 | |
Robert A Lembke President | 5 | $0 | |
Andrew Damiano Secretary/treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,191 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $180 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,371 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,000 |
| Professional fees and other payments to independent contractors | $43,411 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $73,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,138 |
| Other assets | $0 |
| Total assets | $10,138 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,138 |