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Lake Canal Reservoir Company

  • Severance, CO
  • Tax-exempt since March 1986
  • EIN: 84-0658691

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$326k (2023)

Expenses
$263k (2023)

Total Assets
$1.35M (2023)

Total Liabilities
$393k (2023)

Years with missing data
Source: Form 990 tax filings from 2019 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Nov.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$326,251
Expenses
$262,580
Net Income
$63,671
Net Assets
$952,296
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $278,668
85.4%
Investment Income $31,264
9.6%
Bond Proceeds $0
Royalties $1,319
0.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,000
4.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,500
18.1%
Assets/Debt
Total Assets $1,345,355
Total Liabilities $393,059
Net Assets $952,296
Club or Co-Op Income
Income From Members $278,668
Income From Other Sources $47,393
Compensation
Key Employees and Officers Compensation Related Other
Melissa Buick (S/T Direct) $21,000 $0 $0
Rodney Nelson (Director) $1,200 $0 $0
Greg Stieben (Vice Preside) $590 $0 $0
Byron Collins (President ) $590 $0 $0
Justin Green (Director) $590 $0 $0
Shawn Hoff (Trustee/Dire) $0 $0 $0
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Document Links

990
Filed on Aug. 27, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Nov.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,662
Expenses
$120,159
Net Income
$135,503
Net Assets
$594,978
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $237,719
93.0%
Investment Income $1,063
0.4%
Bond Proceeds $0
Royalties $1,617
0.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,263
6.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,024,541
Total Liabilities $429,563
Net Assets $594,978
Club or Co-Op Income
Income From Members $237,717
Income From Other Sources $17,789
Compensation
Key Employees and Officers Compensation Related Other
Justin Green (Director) $40,712 $0 $0
Rodney Nelson (President ) $1,200 $0 $0
Byron Collins (Director) $590 $0 $0
Alden Hill (S/T Direct) $590 $0 $0
Greg Stieben (Vice Preside) $590 $0 $0
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Document Links

990
Filed on March 21, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Nov.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$252,471
Expenses
$105,285
Net Income
$147,186
Net Assets
$459,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $231,072
91.5%
Investment Income $4,831
1.9%
Bond Proceeds $0
Royalties $1,284
0.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,284
6.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $906,354
Total Liabilities $446,879
Net Assets $459,475
Club or Co-Op Income
Income From Members $246,071
Income From Other Sources $6,399
Compensation
Key Employees and Officers Compensation Related Other
Rodney Nelson (President ) $1,200 $0 $0
Byron Collins (Director) $590 $0 $0
Mark George (Director) $590 $0 $0
Alden Hill (S/T Direct) $590 $0 $0
Greg Stieben (Vice Preside) $590 $0 $0
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Document Links

990
Filed on April 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Nov.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$242,036
Expenses
$168,477
Net Income
$73,559
Net Assets
$312,289
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $218,762
90.4%
Investment Income $5,437
2.2%
Bond Proceeds $0
Royalties $2,659
1.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,178
6.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $775,727
Total Liabilities $463,438
Net Assets $312,289
Club or Co-Op Income
Income From Members $218,762
Income From Other Sources $23,274
Compensation
Key Employees and Officers Compensation Related Other
Rodney Nelson (President ) $1,200 $0 $0
Mark George (Director) $590 $0 $0
Alden Hill (S/T Direct) $590 $0 $0
Greg Stieben (Vice Preside) $590 $0 $0
Byron Collins (Director) $590 $0 $0
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Document Links

990
Filed on April 15, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated