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Filing year 2023

THE LAKE CANAL RESERVOIR COMPANY

Severance, Colorado·EIN 84-0658691·501(c)(12)
Total revenue
$421k
Total assets
$1.6M
Total expenses
$168k
Reported officers
6
Mission

TRANSPORTATION OF WATER.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

S/t - Direct
Officer (Unspecified)
$19k
$21k
Director
Board Member
10th to 25th percentile
$2k
$2k
Vice Preside
Vice President
10th to 25th percentile
$2k
$2k
President -
Below 10th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Trustee/dire
Board Member
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 7%
from 2022

From $21k in 2022 to $19k in 2023.

$21k
2022
$19k
2023
In today's dollarsEst.
Down 11% in real terms$24k to $21k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 25% from 2022 to 2023, while revenue rose 29%.

$1k in 2022 to $2k in 2023.
  • Vice President pay rose 154% from 2022 to 2023.
  • Chief Executive Officer pay rose 154% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE LAKE CANAL RESERVOIR COMPANY reported revenue and expenses across 2 filing years.

RevenueExpenses
$326k
$263k
2022
$421k
$168k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE LAKE CANAL RESERVOIR COMPANY

What does the Board Member of THE LAKE CANAL RESERVOIR COMPANY earn?

In 2023, the Board Member of THE LAKE CANAL RESERVOIR COMPANY received $1,500 in total compensation. This pay is in the bottom quarter for Board Member roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at THE LAKE CANAL RESERVOIR COMPANY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at THE LAKE CANAL RESERVOIR COMPANY falls between the 10th and 25th percentiles.

What are THE LAKE CANAL RESERVOIR COMPANY's revenue and expenses?

In 2023, THE LAKE CANAL RESERVOIR COMPANY reported $421k in total revenue and $168k in total expenses on its IRS Form 990.

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