Nonprofit · EIN 87-0473370
HIGH VALLEY WATER COMPANY
Tax-exempt · PARK CITY, UT 84060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $572,509 | $478,996 | $93,513 | $1,572,880 | $0 | $1,572,880 |
| December 31, 2024 | 990 | $546,942 | $390,353 | $156,589 | $1,478,670 | $0 | $1,478,670 |
| December 31, 2023 | 990 | $460,693 | $466,283 | -$5,590 | $1,322,080 | $0 | $1,322,080 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $550,970
- Membership dues
- $550,970
- Program service revenue
- $0
- Investment income
- $21,539
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $12,000
- Salaries, compensation and benefits (total)
- $12,000
- Professional fundraising fees
- $0
- Legal fees
- $7,642
- Depreciation
- $27,652
Balance sheet and other
- Total assets, start of year
- $1,478,670
- Total assets, end of year
- $1,572,880
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,572,880
- Land, buildings and equipment
- $271,687
- Gross unrelated business income
- $21,539
- Gross receipts
- $572,509
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1994
- State of legal domicile
- UT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Houston | President Trustee or director | 1 | $2,400 |
| Meghan Newsome | Director Trustee or director | 1 | $2,400 |
| Harold Dave Maurer | Director Trustee or director | 1 | $2,400 |
| Eugene Young | Vice President Trustee or director | 1 | $2,400 |
| Bob Martin | Director Trustee or director | 1 | $2,400 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Houston | President Trustee or director | 1 | $2,400 |
| Meghan Newsome | Director Trustee or director | 1 | $2,400 |
| Harold Dave Maurer | Director Trustee or director | 1 | $2,400 |
| Eugene Young | Vice President Trustee or director | 1 | $2,400 |
| Bob Martin | Director Trustee or director | 1 | $2,400 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Houston | President Officer | 1 | $2,400 |
| Meghan Newsome | Director Officer | 1 | $2,400 |
| Harold Dave Maurer | Director Officer | 1 | $2,400 |
| Justin Rametta | Secretary Officer | 1 | $1,800 |
| Eugene Young | Vice President Officer | 1 | $1,800 |
| Bryce Sacks | Director Officer | 1 | $600 |
| Bob Martin | Director Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3435, PARK CITY, UT 84060-3435
- Principal officer (990 for 2025)
- Justin Rametta, 6239 Starview Dr, Park City, UT 84098
- Signed the 990
- Justin Rametta, Manager
- Phone
- (435) 645-8415
- Website
- highvalleywater.com
Mission
As a mutual water company operating solely for the purpose of delivering water to its shareholders, HVWC maintains wells, lines, pumps and all other facilities required to deliver water to its shareholders.
Program accomplishments
- The HVWC's purpose of delivering water to its 256 shareholders was acheived. Maintaining the systems facilities is integral to the shareholders receipt of water. The system required maintenance and upgrades cost of $47,487 this year.Expenses $47,487
- The HVWC's purpose of delivering water to its 256 shareholders was acheived. In order to do so we purchase most of our water from other companies and have shares in Weber Basin water that we pay for annually. This year we spent $105,634 on water purchase expenses.Expenses $105,634
- HVWC has spent the past couple of years undergoing a major infrastructure upgrade project replacing most of our main distribution lines. In order to finance this project HVWC took out a loan with the State. We are now repaying that loan annually and have made payments totalling $142,000 this year.Expenses $142,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-0473370
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,572,880
- Income (IRS master file)
- $572,509
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $572,509 | $478,996 | $1,572,880 | XML |
| 990 | December 2024 | $546,942 | $390,353 | $1,478,670 | XML |
| 990 | December 2023 | $460,693 | $466,283 | $1,322,080 | XML |
| 990 | December 2022 | $362,424 | $504,505 | $1,327,670 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-0473370).
Questions about HIGH VALLEY WATER COMPANY
- What is the EIN of HIGH VALLEY WATER COMPANY?
- The employer identification number (EIN) of HIGH VALLEY WATER COMPANY is 87-0473370.
- Is HIGH VALLEY WATER COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1996.
- Are donations to HIGH VALLEY WATER COMPANY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HIGH VALLEY WATER COMPANY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HIGH VALLEY WATER COMPANY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HIGH VALLEY WATER COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HIGH VALLEY WATER COMPANY?
- The 990 for the year ended December 31, 2025 names Justin Rametta.
- Who are the officers and directors of HIGH VALLEY WATER COMPANY?
- The 990 for the year ended December 31, 2025 lists 5 people; 5 received compensation from the organization, the highest $2,400 (Scott Houston, President).
- How much revenue does HIGH VALLEY WATER COMPANY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $572,509, expenses of $478,996 and total assets of $1,572,880 at year end.
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