Oak Meadows Service Company

Organization Overview

Oak Meadows Service Company is located in Glenwood Springs, CO. The organization was established in 2019. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Meadows Service 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 12/2022, Oak Meadows Service Company generated $182.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $179.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO MAINTAIN WATER RIGHTS, WATER SYSTEM & SANITARY SEWER SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO OWN AND HOLD TITLE TO WATER RIGHTS. TO OPERATE AND MAINTAIN A WATER DISTRIBUTION AND SANITARY SEWAGE DISPOSAL SYSTEM FOR THE OAK MEADOWS SUBDIVISION & RANCH. TO REVIEW PLANS AND DRAWINGS FOR OAK MEADOWS SUBDIVISION & RANCH, TO MANAGE, OPERATE, CARE FOR AND ENFORCE COVENANTS OF COMMON AREAS.


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Board, Officers & Key Employees

Name (title)Compensation
Dale Abbott
Sec/treasurer
$0
John Partch
Vice President
$0
Chris Brown
President
$0
Scot Knutson
Board Member
$0
Porter Dobbins
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$182,345
Investment income $129
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $182,896

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