2024-03-29T12:47:32-05:00 2023-11-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2022-12-01 840339415 THE TUNNEL WATER COMPANY TUNN 9704823433 PO BOX 2017 FORT COLLINS CO 80522 HEATHER THIEDE SECRETARY/TREASURER 9704823433 2024-03-28 1 HEATHER THIEDE 999009999 1 KYLE FRITCH CPA P01313374 9702238825 2024-03-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEITH AMEN PO BOX 2017 FORT COLLINS CO 80522 1424926 0 X N/A X 1938 CO TRANSMISSION AND DELIVERY OF IRRIGATION WATER TO SHAREHOLDERS 6 4 0 4 0 0 0 0 1390684 1414741 5731 5139 7475 5046 1403890 1424926 0 0 0 0 0 0 0 0 0 859239 805074 859239 805074 544651 619852 26078030 27362824 22597384 23262326 3480646 4100498 TRANSMISSION AND DELIVERY OF IRRIGATION WATER TO SHAREHOLDERS 0 0 1414741 TRANSMISSION AND DELIVERY OF IRRIGATION WATER TO SHAREHOLDERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1400000 24926 0 0 0 X 6 4 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 X THE ORGANIZATION 9704823433 2319 E MULBERRY FORT COLLINS CO 80522 DON FRICK GENERAL MANAGER 10.00 30.00 X 0 172973 0 HEATHER THIEDE SECRETARY/TREASURER 10.00 30.00 X X 0 70787 0 KEITH AMEN PRESIDENT 1.00 1.00 X X 0 32000 0 CHRIS PLETCHER VICE PRESIDENT 0.50 0.00 X X 0 0 0 RANDY GUSTAFSON DIRECTOR 0.50 0.00 X 0 0 0 GREG FEIT DIRECTOR 0.50 0.50 X 0 0 0 BRIAN FOSS DIRECTOR 0.50 1.00 X 0 0 0 0 275760 0 0 0 1 0 0 ASSESSMENTS 221310 1400000 1400000 14741 14741 1414741 5139 5139 2836 2836 2210 0 2210 2210 2210 1424926 1414741 0 10185 51601 5550 2909 128404 432276 16737 PERSONNEL COST REIMBURS 134770 COMMISSARY EXPENSES 31558 1269 805074 620190 549851 227071 234819 28991899 2413745 25230769 26578154 26078030 27362824 134134 151211 22458355 23110620 4895 495 22597384 23262326 X 3480646 4100498 3480646 4100498 26078030 27362824 619852 0 X 1 X 0 0 0 79021 50579 28442 1226519 248697 977822 27686359 2114469 25571890 26578154 DUE TO AFFILIATED ORGANIZATION 495 495 X PART X, LINE 2: THE TUNNEL WATER COMPANY (TWC) IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(12). UNLESS FIFTEEN PERCENT, OR GREATER, OF TWC REVENUE IS FROM SOURCES OTHER THAN SHAREHOLDERS OF TWC, TWC IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, TWC IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. TWC DETERMINED THEY ARE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS. 0 0 0 DON FRICK GENERAL MANAGER 0 172973 0 0 0 0 0 0 0 0 0 172973 0 0 PART I, LINE 3 THE ORGANIZATION RELIED ON A RELATED TAX-EXEMPT ORGANIZATION THAT USED ONE OR MORE OF THESE METHODS TO ESTABLISH THE COMPENSATION OF OFFICERS. FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT, GENERAL MANAGER, AND THE SECRETARY/TREASURER ARE OFFICERS OF WATER SUPPLY AND STORAGE COMPANY AND JACKSON DITCH COMPANY, RELATED TAX-EXEMPT ORGANIZATIONS. THEREFORE, BUSINESS RELATIONSHIPS EXIST BETWEEN THESE INDIVIDUALS. BOARD MEMBERS BRIAN FOSS AND GREG FEIT ALSO SERVE AS BOARD MEMBERS OF RELATED TAX-EXEMPT ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS ORGANIZED AS A STOCK CORPORATION. CAPITAL STOCK OF THE ORGANIZATION SHALL CONSIST OF FOUR HUNDRED FIFTY SHARES, WITHOUT PAR VALUE, AND SAID STOCK WHEN ISSUED, FULLY PAID UP, SHALL BE NON-ASSESSABLE EXCEPT THAT SAID STOCK MAY BE ANNUALLY ASSESSED FOR THE MAINTENANCE, OPERATION AND REPAIR OF THE DITCHES, RESERVOIRS, APPROPRIATIONS OF WATER, AND OTHER PROPERTY TO BE ACQUIRED BY THE ORGANIZATION. THE RIGHT TO SUBSCRIBE TO THE STOCK OF THE ORGANIZATION SHALL BE LIMITED AND CONFINED TO STOCKHOLDERS OF THE WATER SUPPLY AND STORAGE COMPANY, A RELATED TAX-EXEMPT ORGANIZATION, AND THE WINDSOR RESERVOIR AND CANAL COMPANY. FORM 990, PART VI, SECTION A, LINE 7A STOCKHOLDERS OF THE ORGANIZATION SHALL HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS OF THE ORGANIZATION OF WHOM, A MAJORITY OF THE BOARD MEMBERS SHALL BE SELECTED BY THE WATER SUPPLY AND STORAGE COMPANY, A RELATED TAX-EXEMPT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE SECRETARY/TREASURER AND THE GENERAL MANGER IN ITS ENTIRETY BEFORE FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE WATER SUPPLY AND STORAGE COMPANY 2319 EAST MULBERRY FORT COLLINS CO 80524 840347150 TRANSMISSION OF IRRIGATION WATER CO 501(C)(12) N/A 0 JACKSON DITCH COMPANY PO BOX 2017 FORT COLLINS CO 80522 840236405 TRANSMISSION OF IRRIGATION WATER CO 501(C)(12) THE WATER SUPPLY AND STORAGE COMPANY 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0