Horse Creek Water Users Association
- Assets
- $123.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rush, CO
- Founding
- 06/2001
- Data as of
- 12/2023
- EIN
- 84-1260718
Organization Overview
Horse Creek Water Users Association is located in Rush, CO. The organization was established in 2001. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horse Creek Water Users Association 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, Horse Creek Water Users Association generated $49.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $23.4k during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 5 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
PROVIDE AUGMENTATION WATER TO REPLACE DEPLETIONS RESULTING FROM MEMBER WELLS, WELL TESTING AND MEASUREMENT, AND REPORTING TO THE STATE OF COLORADO TO KEEP MEMBERS IN COMPLIANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Reid President | 0 | $0 | |
Mike Ludwig Director | 0 | $0 | |
Rod Hoover Director | 0 | $0 | |
Rick Orcutt Secretary | 1 | $1,500 | |
David Riemenschneider Vice President | 0 | $0 | |
Jack Pfost Treasurer | 1 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $48,232 |
| Investment income | $1,165 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,397 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,000 |
| Professional fees and other payments to independent contractors | $4,392 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,965 |
| Total expenses | $23,357 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,858 |
| Other assets | $0 |
| Total assets | $123,731 |
| Total liabilities | $445,178 |
| Net assets or fund balances | -$321,447 |