2024-11-15T15:41:31-06:00 2022-12-31 841319003 STOLBERG STONE & CO LLC PO BOX 2601 DURANGO CO 81302 990 2022-01-01 840204321 FLORIDA CONSOLIDATED DITCH CO FLOR 9702598471 691 COUNTY ROAD 233 SUITE B1A DURANGO CO 81301 GARY ZELLITTI PRESIDENT 9702598471 2024-11-15 1 0 MARGARET R STONE CPA P00067291 9702596420 2022 2024-10-15 13:58:12Z X X GARY ZELLITTI 691 COUNTY ROAD 233 SUITE B1A DURANGO CO 81301 702914 0 X WWW.FLORIDADITCH.COM X 1889 CO MAINTENANCE OF IRRIGATION DITCH SYSTEM. 7 7 4 0 0 0 118273 138166 553081 560002 882 1322 1946 3424 674182 702914 0 0 0 0 166984 211108 0 0 0 528722 484252 695706 695360 -21524 7554 343691 401384 0 50139 343691 351245 MAINTENANCE OF IRRIGATION DITCH SYSTEM. 0 0 MAINTENANCE OF AND WATER CONSERVATION METHODS FOR IRRIGATION DITCH SYSTEM SERVING 238 DITCH SHAREHOLDERS. 0 1 0 0 0 0 0 0 0 1 0 0 1 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 0 0 1 9 0 4 1 0 0 0 0 0 560002 3924 0 0 0 X 7 7 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 X SHIRLEY SELLS 9707499800 691 COUNTY ROAD 233 UNIT B1A DURANGO CO 81301 X ROGER COLE PRESIDENT 1.50 X X 0 0 0 GARY ZELLITTI VICE-PRESIDENT 1.00 X X 0 0 0 RUSS KROEGER SECRETARY/TREASURER 1.50 X X 0 0 0 ALTON HESS DIRECTOR 0.50 X 0 0 0 MARK SHORT JR DIRECTOR 0.50 X 0 0 0 DOUG THURSTON DIRECTOR 0.50 X 0 0 0 PHIL CRAIG DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 WRIGHT WATER ENGINEERING INC 2490 W 26TH AVE SUITE 100A DENVER CO 80200 DITCH ENGINEERING & MAINTENANCE 117425 1 X 138166 138166 SHAREHOLDER ASSESSMENT 110000 560002 560002 560002 822 822 2816 2816 500 0 500 500 500 WORKMEN'S COMP INSURAN 110000 608 608 608 702914 564748 0 0 196593 14515 42711 885 2149 1519 2875 15910 7260 10319 23105 DITCH MAINTENANCE 182431 ENGINEERING EXPENSES 117613 WEED SPRAYING & WILLOW 67896 SECRETARIAL CELL PHONE 2963 6616 695360 X 240947 309077 482033 416546 75806 65487 26938 26820 343691 401384 0 50139 0 50139 X 0 0 0 0 343691 351245 343691 351245 343691 401384 X 7554 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1745 845 900 480288 415701 64587 65487 HESS LATERAL RIGHT-OF-WAY 26820 26820 FC DIVERSION LOAN-COLORADO WATER CONSERVATION BOARD 50139 50139 FORM 990, PAGE 1, PART I, LINES 1,12,19 AND 21 SOME OF THE FUNDS RECEIVED FROM COLORADO WATER CONSERVATION BOARD WERE LOANS AND WERE ERRONEOUSLY REPORTED AS GRANT INCOME. LINES 1,12 AND 19 ARE REDUCED BY $33,229. LINE 21, LIABILITIES WAS INCREASED BY $33,229. FORM 990, PART VI, SECTION A, LINE 6 DITCH HAS 238 MEMBERS WHO OWN SHARES IN THE DITCH. EACH SHARE IN THE DITCH COMPANY IS ENTITLED TO ONE VOTE. THERE ARE 6,200 SHARES HELD BY 238 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A DITCH SHAREHOLDERS VOTE ON THE GOVERNING BODY AT ANNUAL SHAREHOLDER MEETINGS. ONLY SHAREHOLDERS IN THE DITCH COMPANY ARE ELIGIBLE TO BE ELECTED TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B WHEN THERE IS A NEED FOR A COMMITTEE, THE GOVERNING BODY APPOINTS THE MEMBERS OF THE COMMITTEES. SUCH COMMITTEES DO NOT HAVE THE AUTHORITY TO ACT ON THE BEHALF OF THE GOVERNING BODY. THEY RESEARCH THE ISSUE AND REPORT BACK TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS AVAILABLE AT THE SECRETARIAL OFFICE FOR THE MEMBERS OF THE BOARD OR SHAREHOLDERS TO REVIEW UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 9, PART VIII, LINES 1E AND 12 GOVERNMENT GRANTS WERE DECREASED BY $33,229 - FUNDS RECLASSIFIED AS LOANS. TOTAL REVENUE DECREASED BY $33,229 REMOVED FROM GOVERNMENT GRANTS. FORM 990, PAGE 11, PART X, LINES 25 AND 31 OTHER LIABILITIES WERE INCREASED BY $33,229 GRANT FUNDS RECLASSIFIED AS A LOAN. RETAINED EARNINGS DECREASED BY $33,229 DUE TO DECREASE IN GOVERNMENT GRANT INCOME. FORM 990, PAGE 12, PART XI, LINES 1,3, AND 10 TOTAL REVENUE, REVENUE LESS EXPENSES AND NET ASSETS WERE DECREASED BY THE RECLASSIFICATION OF FUNDS REPORTED AS GRANT INCOME WAS RECLASSIFIED AS A LOAN IN THE AMOUNT OF $33,229. FORM 990, SCHEDULE B, PART 1 CONTRIBUTOR #4 WAS REMOVED AND CONTRIBUTION WAS ADDED TO CONTRIBUTOR #2 TO CORRECT SOURCE OF FUNDS. CONTRIBUTOR #2'S CONTRIBUTIONS WERE DECREASED BY $33,229 RECLASSIFIED TO LOAN. CONTRIBUTIONS FROM CONTRIBUTOR #2 58,920 REPORTED ORIGINALLY, CONTRIBUTOR #2 -33,229 REALLOCATED TO LOAN 20,406 RECLASSIFIED FROM CONTRIBUTOR #4 46,097 TOTAL CONTRIBUTION FROM CONTRIBUTOR #2