2026-03-17T17:00:37-05:00 2025-11-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2024-12-01 840339415 THE TUNNEL WATER COMPANY TUNN 9704823433 PO BOX 2017 FORT COLLINS CO 80522 HEATHER THIEDE SECRETARY/TREASURER 9704823433 2026-03-17 1 1 KYLE FRITCH CPA P01313374 9702238825 2026-03-11 2024 2025-03-06 01:10:19Z KEITH AMEN PO BOX 2017 FORT COLLINS CO 80522 1652947 0 X N/A X 1938 CO TRANSMISSION AND DELIVERY OF IRRIGATION WATER TO SHAREHOLDERS 6 4 0 4 0 0 0 0 1500969 1610925 17638 19873 3967 22149 1522574 1652947 0 0 0 0 0 0 0 0 0 902473 2415446 902473 2415446 620101 -762499 29073213 27793516 24352614 23835416 4720599 3958100 TRANSMISSION AND DELIVERY OF IRRIGATION WATER TO SHAREHOLDERS 0 0 1280773 1610925 TWC WAS FORMED TO ACQUIRE AND OPERATE A SYSTEM OF COLLECTION CANALS, LAKES, RESERVOIRS, AND A TUNNEL, ALONG WITH THE NECESSARY APPURTENANT FACILITIES AND EQUIPMENT. THAT WATER IS TO BE DISTRIBUTED TO THE COMPANY'S SHAREHOLDERS ON A PRO-RATA BASIS ACCORDING TO STOCK OWNERSHIP FOR BENEFICIAL USE, INCLUDING IRRIGATION, DOMESTIC, MECHANICAL, AND OTHER PROFESSIONAL USES. TWC COLLECTS ASSESSMENTS ANNUALLY FROM SHAREHOLDERS FOR THE PURPOSE OF FUNDING THE OPERATION AND MAINTENANCE OF ITS FACILITIES AND THE ACQUISITION OF WATER, WATER RIGHTS, RESERVOIRS, CANALS, AND OTHER PHYSICAL FACILITIES AND EQUIPMENT AS THE DIRECTORS DEEM NECESSARY. 1280773 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 3 0 1 0 0 0 0 0 0 0 0 1610000 42947 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 HEATHER THIEDE SECRETARY/TREASURER 10.00 30.00 X X 0 78893 1578 KEITH AMEN PRESIDENT 1.00 1.00 X X 0 45000 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 ERIC WESTLIND GENERAL MANAGER 10.00 30.00 X 0 176170 3523 0 300063 5101 0 0 1 0 0 ASSESSMENTS 221310 1610000 1610000 925 925 1610925 19873 19873 20149 20149 2000 0 2000 2000 2000 1652947 1610925 0 42022 9975 4745 373 6998 1289242 837208 18429 PERSONNEL COST REIMBURS 238176 UTILITIES 7274 FUEL 2048 REPAIRS AND MAINTENANCE 273 705 2415446 850593 117293 238316 287845 31079189 3690811 27984304 27388378 29073213 27793516 80233 94831 24255204 23620000 17177 120585 24352614 23835416 X 4720599 3958100 4720599 3958100 29073213 27793516 -762499 0 X 0 1 X 0 0 79021 54469 24552 1272463 400125 872338 29727705 3236217 26491488 27388378 DUE TO AFFILIATED ORGANIZATION 120585 120585 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 ERIC WESTLIND GENERAL MANAGER 0 176170 0 0 0 0 0 3523 0 0 0 179693 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