Montezuma Water Company

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 840565077 ✦ Dolores, CO ✦ Designated as a 501(c)(12)

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Overview

What is Montezuma Water Company?

Montezuma Water Company is a nonprofit organization located in Dolores, Colorado. Serving over 5,000 members across three counties in Southwest Colorado, it operates as a member-owned, not-for-profit entity. Its primary mission is to provide clean, reliable, and potable water to its rural community members in this region. The company prides itself on ensuring the delivery of healthy drinking water, thereby fulfilling its role as a vital resource provider in the area. With a workforce of 21 employees, Montezuma Water Company remains dedicated to its mission, ensuring that its members have access to clean water, thereby contributing to their overall wellbeing.


Official website here: www.montezumawater.org

Is Montezuma Water Company legitimate?

Montezuma Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Montezuma Water Company 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: $254,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,391,483

For more financial information, click here


Official website here: www.montezumawater.org

What is the mission statement of Montezuma Water Company?

Montezuma Water Company, as a member-owned organization, is dedicated to providing its customers in rural Southwestern Colorado with clean and reliable potable water. Their mission is centered around ensuring the delivery of healthy drinking water to over 5,000 members spread across multiple counties in the region. The company functions as a not-for-profit drinking water provider, prioritizing the well-being of its community by supplying them with dependable and safe water resources.


Official website here: www.montezumawater.org

Who is the CEO of Montezuma Water Company?

Steven K Bowman is the General Manager of Montezuma Water Company.


Official website here: www.montezumawater.org

What is the revenue of Montezuma Water Company?

Montezuma Water Company's revenue in 2022 was $4,588,121.


Official website here: www.montezumawater.org

Who are the executives of Montezuma Water Company and what are their salaries?

The average compensation at Montezuma Water Company during 2022 was $78,372. There are 21 employees at Montezuma Water Company.


Here are 13 key members and their salaries:


Steven K Bowman (General Manager)
  • Compensation: $131,688
  • Related: $0
  • Other: $0
Ronald W Roggenback (Plant Supervisor)
  • Compensation: $121,030
  • Related: $0
  • Other: $0
Warren J Conner (Field Crew Leader)
  • Compensation: $101,194
  • Related: $0
  • Other: $0
Lance C Miller (Controller)
  • Compensation: $96,887
  • Related: $0
  • Other: $0
Mike Rosso (President)
  • Compensation: $4,950
  • Related: $0
  • Other: $0
Cindy Green (Secretary/Treas)
  • Compensation: $3,675
  • Related: $0
  • Other: $0
Wesley Wilson (Director)
  • Compensation: $2,728
  • Related: $0
  • Other: $0
Wayne Johnson (Director)
  • Compensation: $2,625
  • Related: $0
  • Other: $0
Wanda Graves (Director)
  • Compensation: $2,475
  • Related: $0
  • Other: $0
Tad Willbanks (Director)
  • Compensation: $2,475
  • Related: $0
  • Other: $0
Glen Fish (Director)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Rusty Hamilton (Vice President)
  • Compensation: $2,325
  • Related: $0
  • Other: $0
Ted Holgate (Director)
  • Compensation: $2,100
  • Related: $0
  • Other: $0


Official website here: www.montezumawater.org

Where can I find the form 990 for Montezuma Water Company?

Montezuma Water Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montezumawater.org

Learn more at the official website: www.montezumawater.org

Mission Statement of Montezuma Water Company

Montezuma Water Company, a member-owned and not-for-profit entity, is committed to providing its rural Southwestern Colorado community with clean, dependable, and potable water. This organization's mission is to ensure that its more than 5,000 members have access to healthy drinking water, serving over three counties in the region. The company's goal is to maintain the highest standards of water quality, ensuring that its members can rely on a consistent and safe water supply. By delivering clean water, Montezuma Water Company contributes significantly to the well-being and health of its community, upholding its responsibility as a crucial service provider in the region.

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Impact




October, 2024

Montezuma Water Company serves as a vital resource in rural Southwestern Colorado, supplying clean and dependable drinking water to over 5,000 members across three counties. Its presence significantly enhances community health and well-being by ensuring access to potable water, essential for everyday life. The company's commitment to providing reliable water services plays a crucial role in supporting local residents, agriculture, and businesses, fostering a sustainable environment in the region. By maintaining high water quality standards and prioritizing the needs of its members, Montezuma Water Company contributes to the overall quality of life and public benefit in Dolores, Colorado, and surrounding areas.




This information is meant to be a general summary of Montezuma Water Company. 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.

Revenue
$4,588,121 (2022)
Expenses
$4,099,268 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,551
  • Program Service Revenue: $3,643,044
  • Gross Receipts: $4,588,121

Assets and Liabilities:

  • Total Assets: $22,701,503
  • Total Liabilities: $1,615,893
  • Net Assets: $21,085,610

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rural Potable Water

Revenue

$3,643,044

Organization Details

Founding Year

1965

Principal Officer

Steven K Bowman

Main Address

PO Box 817, Dolores, CO, 81323

NTEE Category

Code: W80 - Public benefit

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