2024-08-13T09:34:42-05:00 2023-12-31 810446334 DOUGLAS WILSON & COMPANY PC 1000 FIRST AVENUE SOUTH GREAT FALLS MT 59401 990 2023-01-01 810244871 PONDERA COUNTY CANAL AND RESERVOIR COMPANY POND 4062793315 PO BOX 245 VALIER MT 59486 CORY CRAWFORD PRESIDENT 4062793315 2024-08-06 1 1 BRETT GAARE P01239932 4067614645 2023 2024-08-08 14:25:15Z HEATHER RICE PO BOX 245 VALIER MT 59486 2917852 0 X PONDERACANALCOMPANY.COM X 1909 MT OPERATE AND MAINTAIN IRRIGATION CANAL SYSTEM FOR MEMBERS 5 5 17 0 0 0 161697 48039 2631355 2725286 41363 144527 0 0 2834415 2917852 0 0 0 0 876802 1168628 0 0 0 1224882 1360645 2101684 2529273 732731 388579 12035294 12097271 2641743 2315141 9393551 9782130 DEVELOP, OPERATE AND MAINTAIN AN IRRIGATION SYSTEM FOR THE COMPANY'S MEMBERS 0 0 2240943 2725286 THE COMPANY CURRENTLY MAINTAINS SWIFT DAM, 500 MILES OF CANALS, HUNDREDS OF DIVERSIONS AND TWO DAM STRUCTURES ON LAKE FRANCES FOR DELIVERY OF WATER TO THE 380 SHAREHOLDERS OF THE COMPANY. APPROXIMATELY 65,000 ACRES OF LAND WERE IRRIGATED WITH WATER PROVIDED BY THE COMPANY DURING 2023. 2240943 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 17 1 0 0 0 0 0 2707299 162514 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 4062793315 501 PONDERA AVE VALIER MT 59486 JERRY JOHNS PRESIDENT 2.00 X X 2152 0 0 KYLE DEAN VICE-PRESIDENT 2.00 X X 2065 0 0 CORY CRAWFORD SECRETARY/TREASURER 2.00 X X 1896 0 0 TANNER JOHNSON DIRECTOR 2.00 X 1990 0 0 SHAWN VERMULM DIRECTOR 2.00 X 2260 0 0 COLE PEEBLES MANAGER 40.00 X 126659 0 26343 HEATHER RICE MANAGER 40.00 X 42090 0 3796 179112 0 30139 1 0 0 0 0 48039 48039 MEMBERS' WATER ASSESSM 221000 2649948 2649948 REIMBURSEMENTS 900099 75338 75338 2725286 78527 78527 66000 0 66000 66000 66000 2917852 2725286 0 144527 209251 173678 35573 680299 564648 115651 56632 47005 9627 153592 127481 26111 68854 57149 11705 7500 6225 1275 71881 59661 12220 4897 4065 832 21032 17457 3575 30045 24937 5108 56466 46867 9599 142172 142172 621671 589365 32306 120058 99648 20410 MAINTENANCE AND SUPPLIE 159391 159391 EQUIPMENT OPERATING EXP 100014 100014 25518 21180 4338 2529273 2240943 288330 0 132980 77161 1242478 1240503 1255 13484 23915690 13150567 10657581 10765123 1000 1000 12035294 12097271 121713 129764 6301 48 2513729 2185329 2641743 2315141 X 80480 80480 7475558 7475558 1837513 2226092 9393551 9782130 12035294 12097271 388579 0 X 0 1 X 1 0 6303 6303 248307 168320 79987 1915378 1094094 821284 21745702 11888153 9857549 10765123 2917852 0 2917852 0 2917852 2529273 0 2529273 0 2529273 FORM 990, PART VI, SECTION A, LINE 6 THE COMPANY IS ORGANIZED AS A STOCK CORPORATION, WHERE THE SHAREHOLDERS ELECT MEMBERS TO THE GOVERNING BODY OF THE COMPANY. FORM 990, PART VI, SECTION A, LINE 7A THE FIVE MEMBER GOVERNING BODY IS ELECTED BY THE STOCKHOLDERS OF THE COMPANY. EVERY MEMBER OF THE GOVERNING BODY SHALL HOLD OFFICE FOR THREE YEARS. EACH MEMBER OF THE GOVERNING BODY MUST BE A HOLDER OF AT LEAST ONE SHARE OF THE CAPITAL STOCK OF THE COMPANY, OR BE A SHAREHOLDER OF, PARTNER OF, OR MEMBER OF A CORPORATION, PARTNERSHIP, LIMITED LIABILITY COMPANY, OR OTHER LEGALLY RECOGNIZED ENTITY THAT IS A SHAREHOLDER OF THE COMPANY. ELECTIONS OCCUR AT THE COMPANY'S ANNUAL MEETING HELD THE FIRST MONDAY IN FEBRUARY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED EVERY YEAR BY THE BOARD OF DIRECTORS AND MANAGEMENT BEFORE IT IS SIGNED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER FILES A FORM DESCRIBING ANY CONFLICTS OF INTEREST THEY FEEL THEY MAY HAVE, IF ANY OF THESE CONFLICTS REQUIRE A VOTE, THAT BOARD MEMBER ABSTAINS FROM VOTING ON ANY DECISIONS OVER THAT PARTICULAR ISSUE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PROJECT MANAGER AND ASSISTANT MANAGER IS DETERMINED BY COMPENSATION TO SIMILAR IRRIGATION PROJECTS AROUND THE AREA AND REVIEWED EACH YEAR FOR COST OF LIVING INCREASES AND PERFORMANCE OF REQUIRED DUTIES. THIS REVIEW IS CONDUCTED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. HOWEVER, THESE DOCUMENTS ARE MADE AVAILABLE TO THE SHAREHOLDERS OF THE COMPANY, WITH WRITTEN REQUEST TO THE BOARD OF DIRECTORS. THESE DOCUMENTS ARE KEPT AT THE OFFICE OF THE COMPANY.