Proctor Water Company
- Assets
- $62.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sterling, CO
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 84-0549329
Organization Overview
Proctor Water Company is located in Sterling, CO. The organization was established in 0000. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. Proctor Water Company 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, Proctor Water Company generated $50.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $64.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Schuppe President/di | 1 | $0 | |
Mike Fryrear Vice Preside | 0.5 | $0 | |
Jim Lueck Secretary/tr | 0.5 | $0 | |
Rebecca Tejada Director | 0.5 | $0 | |
George Hernandez Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $50,346 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $50,846 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,805 |
| Professional fees and other payments to independent contractors | $2,667 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,198 |
| Total expenses | $64,670 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,211 |
| Other assets | $0 |
| Total assets | $62,211 |
| Total liabilities | $15 |
| Net assets or fund balances | $62,196 |