Overview
What is Animas - La Plata Operation Maintenance And Replacement Association?
The Animas - La Plata Operation Maintenance And Replacement Association is a nonprofit organization situated in Durango, Colorado. Its primary mission is to manage and maintain the Animas-La Plata Project, a multi-purpose water supply initiative authorized in 1968 for municipal and industrial uses. The Association aims to protect, preserve, and efficiently operate the project's assets, ensuring optimal water storage and release for its members. In summary, the Animas - La Plata Operation Maintenance And Replacement Association serves to maintain the Animas-La Plata Project's infrastructure, maximizing its water supply efficiency and cost-effectiveness for its members.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Animas - La Plata Operation Maintenance And Replacement Association has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization shows strong adherence to financial best practices, with no material diversion of assets reported and a commendable program expense ratio of 69.48%. These factors suggest an effective use of funds directed towards their mission.
The organization demonstrates transparency and good governance, as evidenced by their comprehensive policies on conflict of interest, whistleblower protections, and document retention. Additionally, they have a strong liabilities to assets ratio of 21.84%, reflecting a healthy financial position. Their fundraising efficiency is notable as well, maintaining a $0.00 cost per dollar raised.
While the rating reflects a generally positive evaluation, it is important for potential donors or stakeholders to consider the overall impact of the organization’s programs and services beyond just financial metrics. Overall, Animas - La Plata Operation Maintenance And Replacement Association appears to be a responsible organization with a strong commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Animas - La Plata Operation Maintenance And Replacement Association legitimate?
Animas - La Plata Operation Maintenance And Replacement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Animas - La Plata Operation Maintenance And Replacement Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $188,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $405,302
For more financial information, click here
What is the mission statement of Animas - La Plata Operation Maintenance And Replacement Association?
The Animas - La Plata Operation Maintenance And Replacement Association's mission is geared towards the preservation and operation of the assets associated with the Animas-La Plata Project. Their primary objective is to manage the Project's water supply in the most efficient and cost-effective manner, ensuring its availability for the Association's members. The Association's main role is to oversee the operation, maintenance, and replacement of the Project, which was authorized under the Colorado River Basin Project Act of 1968 and is designed for municipal and industrial uses.
Who is the CEO of Animas - La Plata Operation Maintenance And Replacement Association?
Unavailable
What is the revenue of Animas - La Plata Operation Maintenance And Replacement Association?
Animas - La Plata Operation Maintenance And Replacement Association's revenue in 2023 was $2,029,252.
Who are the executives of Animas - La Plata Operation Maintenance And Replacement Association and what are their salaries?
The average compensation at Animas - La Plata Operation Maintenance And Replacement Association during 2023 was $74,244. There are 8 employees at Animas - La Plata Operation Maintenance And Replacement Association.
Here are 8 key members and their salaries:
- Compensation: $172,200
- Related: $0
- Other: $6,577
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Animas - La Plata Operation Maintenance And Replacement Association?
Animas - La Plata Operation Maintenance And Replacement Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Animas - La Plata Operation Maintenance And Replacement Association
The Animas-La Plata Operation Maintenance and Replacement Association, a vital organization, is committed to safeguarding, maintaining, and managing all assets associated with the Animas-La Plata Project. The Association's primary mission revolves around the efficient and cost-effective management of the Project's water supply, ensuring its capture, storage, and release for the benefit of its members.
Established in 1968 under the Colorado River Basin Project Act, the Animas-La Plata Project, located in southwestern Colorado and northwestern New Mexico, is a multi-purpose project designed for municipal and industrial uses. The Association's role is to oversee the operational, maintenance, and replacement of this Project. By carrying out these duties, the Association aims to manage the Project in a manner that maximizes its benefits for its members.
In summary, the Animas-La Plata Operation Maintenance and Replacement Association is dedicated to protecting, preserving, and operating the Animas-La Plata Project. This involves capturing, storing, and releasing the Project's water supply in the most efficient and cost-effective manner, thereby ensuring the Project's continued success for the benefit of its members.
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Impact
June, 2024
Animas - La Plata Operation Maintenance And Replacement Association plays a crucial role in ensuring the smooth operation, maintenance, and replacement of the assets of the Animas-La Plata Project. By efficiently capturing, storing, and releasing the Project water supply, the Association contributes significantly to meeting the municipal and industrial water needs of the region. This impact is essential for the sustainability and economic development of the communities served by the Animas-La Plata Project.
This information is meant to be a general summary of Animas - La Plata Operation Maintenance And Replacement Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $99,805
- Gross Receipts: $2,029,252
Assets and Liabilities:
- Total Assets: $9,347,917
- Total Liabilities: $2,041,616
- Net Assets: $7,306,301
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Organization Details
Founding Year
2009
Phone
(970) 385-7140Main Address
125 Smelter Place, Durango, CO, 81303
NTEE Category
Code: C32 - Environment
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