Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
EIN 94-2575238 • 501(c)6 • Phoenix, AZ
Profile
To preserve and enhance the availability, affordability, and value of Colorado River Storage Project (CRSP) facilities while promoting responsible stewardship of the Colorado River System.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
47th percentile
Higher debt load relative to revenue than 47% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 48.7% of source-year revenue.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
Assets
Down$19,768
Down $32,167 (-62%) from 2023
Liabilities
Up$19,241
Up $6,570 (+52%) from 2023
Net Assets
Down$527
Down $38,737 (-99%) from 2023
Revenue
Down$627,690
Down $18,552 (-2.9%) from 2023
Expenses
Down$666,427
Down $23,287 (-3.4%) from 2023
Net Income
Up-$38,737
Up $4,735 (+11%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To preserve and enhance the availability, affordability, and value of Colorado River Storage Project (CRSP) facilities while promoting responsible stewardship of the Colorado River System.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $37,697 | $9,390 | ▼ $28,307 |
| Accounts Receivable | - | $6,745 | - |
| Prepaid Expenses and Deferred Charges | $14,238 | $3,633 | ▼ $10,605 |
| Total Assets | $51,935 | $19,768 | ▼ $32,167 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $12,671 | $19,241 | ▲ $6,570 |
| Total Liabilities | $12,671 | $19,241 | ▲ $6,570 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $39,264 | $527 | ▼ $38,737 |
| Total Net Assets Fund Balance | $39,264 | $527 | ▼ $38,737 |
| Total Liabilities and Net Assets / Fund Balance | $51,935 | $19,768 | ▼ $32,167 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Leslie James | Executive Director | FT | $271,562 | $34,294 | $305,856 |
| Name | Title |
|---|---|
| Mendis Cooper | Past President |
| Rosemary Henry | President |
| Jill Jones | Vice-President |
| Kevin Garlick | Executive Committee |
| Brit Chestnutt | Member |
| Bryan Hannegan | Member |
| Carol Ballantine | Member |
| David Fitzgerald | Member |
| Donovan Neese | Member |
| Ed Gerak | Member |
| Emily Brandt | Member |
| Eric Witkowski | Member |
| Jordy Fuentes | Member |
| Kelton Andersen | Member |
| LaVerne Garnenez | Member |
| Layne Burningham | Member |
| Pamela Feurstein | Member |
| Ray Loveless | Member |
| Rene Fleming | Member |
| Russell Smoldon | Member |
| Dan Walter | Secretary Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $350,186 |
| Other Expenses | $316,241 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $305,856 |
| Fees for Services Lobbying | - | - | - | $96,000 |
| Fees for Services Legal | - | - | - | $74,039 |
| Fees for Services Management | - | - | - | $53,927 |
| Travel | - | - | - | $43,024 |
| Other Salaries and Wages | - | - | - | $27,270 |
| Payroll Taxes | - | - | - | $17,060 |
| Occupancy | - | - | - | $14,329 |
| Conferences and Meetings | - | - | - | $10,518 |
| Fees for Services Accounting | - | - | - | $9,730 |
| Other Expenses | $9,094 | - | - | $9,094 |
| Office Expenses | - | - | - | $2,591 |
| Information Technology | - | - | - | $2,389 |
| Insurance | - | - | - | $600 |
| Total Functional Expenses | $0 | $0 | $0 | $666,427 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Organizations members are public entities who are interested in the operational,financial, political, environmental and legal issues related to the federal ColoradoRiver Storage Project from an energy distributors perspective.”
“Each Board member is designated by the member organization. That process is as determined by the individual member organization, and may consist of appointment or election, or some other process. There is no set schedule by which each member determines its CREDA Board representative, but on an annual basis, each member provides notice of its CREDA member delegate at the CREDA annual meeting.”
“The Board is provided a copy of the Form 990 after filing. The President and the Executive Director will review this 990 before filing.”
“Form 990 and associated documents are provided upon request.”
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/Form990PartVIISectionAGrp/TitleTxt | 5 | Member |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Member |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Member |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Past President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | Executive Committee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Secretary Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | Vice-President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1978 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 21 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 627690 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
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| IRS990/MissionDesc | 0 | To preserve and enhance the availability, affordability, and value of Colorado River Storage Project (CRSP) facilities while promoting responsible stewardship of the Colorado River System. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Reviewed work plans of federal agencies and participated in detailed processes related to federal power rates and resources. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Organizations members are public entities who are interested in the operational,financial, political, environmental and legal issues related to the federal ColoradoRiver Storage Project from an energy distributors perspective. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Each Board member is designated by the member organization. That process is as determined by the individual member organization, and may consist of appointment or election, or some other process. There is no set schedule by which each member determines its CREDA Board representative, but on an annual basis, each member provides notice of its CREDA member delegate at the CREDA annual meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The Board is provided a copy of the Form 990 after filing. The President and the Executive Director will review this 990 before filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Form 990 and associated documents are provided upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Member election for additional members Part VI line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Governing documents etc available to public Part VI line 19 |
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| IRS990/USAddress/AddressLine1Txt | 0 | 10429 S 51st Street STE 230 |
| IRS990/USAddress/CityNm | 0 | Phoenix |
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| IRS990/WebsiteAddressTxt | 0 | www.credanet.org |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROSEMARY HENRY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
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