Civic Intelligence

Bessemer Irrigating Ditch Company

990 • Fiscal year 2015 • EIN 84-0148340

Jan 01, 2015 to Dec 31, 2015 • Filed on Jan 30, 2016

503 N Main St Suite 216Pueblo, CO 81003

(719) 544-8584

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

11th percentile

0.03x

Higher debt load relative to revenue than 11% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Net Margin

27th percentile

-7.1%

Higher net margin than 27% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$68,147

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Asset Growth

5th percentile

-6.5%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

12%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,330,571

Down $92,290 (-6.5%) from 2014

Net Assets

Down

$1,299,381

Down $65,035 (-4.8%) from 2014

Liabilities

Down

$31,190

Down $27,255 (-47%) from 2014

Revenue

Up

$913,807

Up $97,777 (+12%) from 2014

Expenses

Down

$978,842

Down $338,403 (-26%) from 2014

Net Income

Up

-$65,035

Up $436,180 (+87%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,710,311Liabilities 2010: $27,994Net Assets 2010: $1,682,3172010Assets 2011: $1,760,473Liabilities 2011: $47,545Net Assets 2011: $1,712,9282011Assets 2012: $1,779,416Liabilities 2012: $21,213Net Assets 2012: $1,758,2032012Assets 2013: $1,921,321Liabilities 2013: $55,690Net Assets 2013: $1,865,6312013Assets 2014: $1,422,861Liabilities 2014: $58,445Net Assets 2014: $1,364,4162014Assets 2015: $1,330,571Liabilities 2015: $31,190Net Assets 2015: $1,299,3812015Assets 2016: $1,504,450Liabilities 2016: $39,811Net Assets 2016: $1,464,6392016Assets 2017: $1,731,697Liabilities 2017: $141,099Net Assets 2017: $1,590,5982017Assets 2018: $2,530,787Liabilities 2018: $541,905Net Assets 2018: $1,988,8822018Assets 2019: $2,987,078Liabilities 2019: $959,551Net Assets 2019: $2,027,5272019Assets 2020: $2,919,142Liabilities 2020: $987,889Net Assets 2020: $1,931,2532020Assets 2021: $3,309,925Liabilities 2021: $955,065Net Assets 2021: $2,354,8602021Assets 2022: $3,940,824Liabilities 2022: $771,586Net Assets 2022: $3,169,2382022Assets 2023: $3,888,712Liabilities 2023: $752,034Net Assets 2023: $3,136,6782023Assets 2024: $3,791,043Liabilities 2024: $1,171,057Net Assets 2024: $2,619,9862024Assets 2025: $3,747,595Liabilities 2025: $1,128,693Net Assets 2025: $2,618,9022025

Highlighted filing

2015

Assets$1,330,571
Liabilities$31,190
Net Assets$1,299,381

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $734,7622010Expenses 2011: $793,5312011Expenses 2012: $969,7652012Revenue 2013: $818,087Expenses 2013: $710,659Net Income 2013: $107,4282013Revenue 2014: $816,030Expenses 2014: $1,317,245Net Income 2014: -$501,2152014Revenue 2015: $913,807Expenses 2015: $978,842Net Income 2015: -$65,0352015Revenue 2016: $1,056,038Expenses 2016: $890,780Net Income 2016: $165,2582016Revenue 2017: $1,024,072Expenses 2017: $898,113Net Income 2017: $125,9592017Revenue 2018: $1,032,380Expenses 2018: $634,096Net Income 2018: $398,2842018Revenue 2019: $1,025,736Expenses 2019: $987,091Net Income 2019: $38,6452019Revenue 2020: $1,022,463Expenses 2020: $1,118,737Net Income 2020: -$96,2742020Revenue 2021: $1,051,906Expenses 2021: $628,299Net Income 2021: $423,6072021Revenue 2022: $1,545,146Expenses 2022: $744,684Net Income 2022: $800,4622022Revenue 2023: $1,009,773Expenses 2023: $1,042,333Net Income 2023: -$32,5602023Revenue 2024: $1,241,185Expenses 2024: $1,257,877Net Income 2024: -$16,6922024Revenue 2025: $1,386,916Expenses 2025: $1,388,000Net Income 2025: -$1,0842025

Highlighted filing

2015

Revenue$913,807
Expenses$978,842
Net Income-$65,035
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jan 30, 2016
Return Version
2015v2.1
Gross Receipts
$914,104
Mission and Program Overview

Mission

The organization's mission to provide for repairs and maintenance of the bessemer ditch and provide delivery of water to its stockholders.

Repair and maintenance of ditch and delivery of water.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$941,992$851,945▼ $90,047
Pd in Cap Srpls Land Bldg Eqp Fund$609,410$609,410→ $0
Rtn Earn Endowment Incm Other Fnds$557,620$492,585▼ $65,035
Investments Program Related$292,209$292,209→ $0
Cap Stk Tr Prin Current Funds$197,386$197,386→ $0
Savings and Temporary Cash Investments$158,959$143,599▼ $15,360
Accounts Receivable$19,074$31,606▲ $12,532
Prepaid Expenses and Deferred Charges$10,527$11,112▲ $585
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$1,422,861$1,330,571▼ $92,290
Liabilities
Accounts Payable and Accrued Expenses$25,741$30,821▲ $5,080
Deferred Revenue$32,704$369▼ $32,335
Total Liabilities$58,445$31,190▼ $27,255
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,364,416$1,299,381▼ $65,035
Total Liabilities and Net Assets / Fund Balance$1,422,861$1,330,571▼ $92,290

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$512,922$1,742,349$2,255,271
Leasehold Improvements$6,376$766,453$772,829
Equipment$61,308$531,719$593,027
Land$271,339-$271,339
Investment Program Related Org$100--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael S HillSecretary/treasurerFT$68,147$68,147
Daniel GenovaPresident-$650$650
Justin J DisantiVice President-$650$650
Thomas S RuslerDirector-$650$650
Alan WardDirector-$600$600
Robert R CentaDirector-$600$600
David SimpsonDirector-$550$550
Blair WellsDirector-$500$500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$893,992
Investment Income
$-268
Other Revenue
$20,083
Change in Net Assets
$-65,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$765,345
Salaries, Compensation, and Employee Benefits$213,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,647--$119,647
Depreciation Depletion$91,306--$91,306
Insurance$75,424--$75,424
Current Officers, Directors, Trustees, and Key Employees$72,347--$72,347
All Other Expenses$35,724--$35,724
Other Expenses$28,761--$28,761
Office Expenses$19,328--$19,328
Payroll Taxes$18,337--$18,337
Fees for Services Legal$10,724--$10,724
Interest$7,144--$7,144
Fees for Services Accounting$3,500--$3,500
Other Employee Benefits$3,166--$3,166
Total Functional Expenses$978,842$0$0$978,842
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization was created by issuing shareholders water stock certificates. These can be traded or sold by the shareholder.

Form 990, Part VI, Section A, Line 7A

Annually, an election is held to elect a certain portion of the board members. All shareholders get to vote.

Form 990, Part VI, Section A, Line 8B

Minutes of all meetings are kept and documented. Any member has the right to review the minutes within a reasonable time period upon request. All members are eligible to attend the annual meeting if they want.

Form 990, Part VI, Section B, Line 11

A copy of the 990 is given to the secretary-treasurer to review. Upon his review and any suggestions/corrections being made, the form 990 is then filed.

Form 990, Part VI, Section B, Line 15

As part of the budget process, the secretary-treasurer arrives at comparable wages and presents the information to the full board. The board will review and then request additional information or agree and pass as part of the budget.

Form 990, Part VI, Section C, Line 19

On a monthly basis the financial statements are given to the board of directors and on a yearly basis the statements are presented at the annual meeting.

Filing and Contact Details

Filer

Filer Name
Bessemer Irrigating Ditch Company
EIN
84-0148340
Phone
7195448584
Address
503 N MAIN ST SUITE 216, PUEBLO, CO 81003

Signing Officer

Name
Michael Hill
Title
Secretary-treasurer
Phone
7195448584
Signed
2016-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hill
Formed
1950
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
0

Preparer

Firm
Mcpherson Breyfogle Daveline & Goodrich
Address
503 N MAIN ST SUITE 740, PUEBLO, CO 81003-3131
Preparer
Ronald L Goodrich
Phone
7195430516
Raw XML Appendix375 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0913807
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0557620
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0492585
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0158959
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0143599
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt061308
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0531719
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0593027
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0129558
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1162551
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2100
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RIGHTS OF WAY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1WATER RIGHTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2ST CHARLES MESA WATER DIST STOCK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt0271339
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0271339
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06376
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0766453
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0772829
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0512922
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01742349
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02255271
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0851945
IRS990ScheduleD/TotalBookValueProgramRltdAmt0292209
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS CREATED BY ISSUING SHAREHOLDERS WATER STOCK CERTIFICATES. THESE CAN BE TRADED OR SOLD BY THE SHAREHOLDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, AN ELECTION IS HELD TO ELECT A CERTAIN PORTION OF THE BOARD MEMBERS. ALL SHAREHOLDERS GET TO VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MINUTES OF ALL MEETINGS ARE KEPT AND DOCUMENTED. ANY MEMBER HAS THE RIGHT TO REVIEW THE MINUTES WITHIN A REASONABLE TIME PERIOD UPON REQUEST. ALL MEMBERS ARE ELIGIBLE TO ATTEND THE ANNUAL MEETING IF THEY WANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 IS GIVEN TO THE SECRETARY-TREASURER TO REVIEW. UPON HIS REVIEW AND ANY SUGGESTIONS/CORRECTIONS BEING MADE, THE FORM 990 IS THEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AS PART OF THE BUDGET PROCESS, THE SECRETARY-TREASURER ARRIVES AT COMPARABLE WAGES AND PRESENTS THE INFORMATION TO THE FULL BOARD. THE BOARD WILL REVIEW AND THEN REQUEST ADDITIONAL INFORMATION OR AGREE AND PASS AS PART OF THE BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ON A MONTHLY BASIS THE FINANCIAL STATEMENTS ARE GIVEN TO THE BOARD OF DIRECTORS AND ON A YEARLY BASIS THE STATEMENTS ARE PRESENTED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01422861
IRS990/TotalAssetsEOYAmt01330571
IRS990/TotalAssetsGrp/BOYAmt01422861
IRS990/TotalAssetsGrp/EOYAmt01330571
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0978842
IRS990/TotalFunctionalExpensesGrp/TotalAmt0978842
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt058445
IRS990/TotalLiabilitiesEOYAmt031190
IRS990/TotalLiabilitiesGrp/BOYAmt058445
IRS990/TotalLiabilitiesGrp/EOYAmt031190
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01364416
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01299381
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0978842
IRS990/TotalProgramServiceRevenueAmt0893992
IRS990/TotalReportableCompFromOrgAmt072347
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0913807
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0913807
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01422861
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01330571
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0503 N MAIN ST SUITE 216
IRS990/USAddress/CityNm0PUEBLO
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd081003
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY-TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07195448584
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BESSEMER IRRIGATING DITCH COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0BESS
ReturnHeader/Filer/EIN0840148340
ReturnHeader/Filer/PhoneNum07195448584
ReturnHeader/Filer/USAddress/AddressLine1Txt0503 N MAIN ST SUITE 216
ReturnHeader/Filer/USAddress/CityNm0PUEBLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081003
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0840628988
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCPHERSON BREYFOGLE DAVELINE & GOODRICH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0503 N MAIN ST SUITE 740
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PUEBLO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0810033131
ReturnHeader/PreparerPersonGrp/PhoneNum07195430516
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD L GOODRICH
ReturnHeader/ReturnTs02016-02-08T08:53:31-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.75$1.13$2.62$1.39$1.39$0.00
2024Detailed filing. Detailed filing data is available for this year.$3.79$1.17$2.62$1.24$1.26$0.02
2023Detailed filing. Detailed filing data is available for this year.$3.89$0.75$3.14$1.01$1.04$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.94$0.77$3.17$1.55$0.74$0.80
2021Detailed filing. Detailed filing data is available for this year.$3.31$0.96$2.35$1.05$0.63$0.42
2020Detailed filing. Detailed filing data is available for this year.$2.92$0.99$1.93$1.02$1.12$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.99$0.96$2.03$1.03$0.99$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.53$0.54$1.99$1.03$0.63$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.73$0.14$1.59$1.02$0.90$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.50$0.04$1.46$1.06$0.89$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.03$1.30$0.91$0.98$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.42$0.06$1.36$0.82$1.32$0.50
2013Detailed filing. Detailed filing data is available for this year.$1.92$0.06$1.87$0.82$0.71$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.02$1.76$0.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.05$1.71$0.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.03$1.68$0.73