Eureka Water Co is located in Rocky Ford, CO. The organization was established in 1960. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eureka Water Co is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2023, Eureka Water Co generated $116.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $100.1k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTAIN SYSTEM & PROVIDE DOMESTIC WATER TO SHAREHOLDERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Lindahl Secretary | 4 | $10,650 | |
Brandon Milenski Director | 1 | $600 | |
Jim Cope Director | 1 | $600 | |
David Demoss Director | 1 | $600 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $113,640 |
| Membership dues | $0 |
| Investment income | $2,092 |
| Gain or Loss | $992 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,724 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,338 |
| Occupancy, rent, utilities, and maintenance | $51,070 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,675 |
| Total expenses | $100,083 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $309,514 |
| Other assets | $0 |
| Total assets | $361,234 |
| Total liabilities | $3,182 |
| Net assets or fund balances | $358,052 |