Fairchild Dam, located in Morrill, Nebraska, was completed in 1972 and is managed by the private sector with oversight from the Nebraska Department of Natural Resources. The dam stands at a height of 27 feet and serves the primary purpose of flood risk reduction along the East Fork of Cedar Creek. With a normal storage capacity of 78 acre-feet and a maximum storage of 495 acre-feet, Fairchild Dam plays a critical role in managing water resources in the area.

Designed by the USDA NRCS, Fairchild Dam is an earth dam with a stone core and soil foundation. It spans 938 feet in length and has a hydraulic height of 25 feet. The dam's hazard potential is considered significant, but its condition assessment in 2020 was rated as satisfactory. Additionally, the dam undergoes inspections every three years to ensure its structural integrity and effectiveness in flood control.

In the event of an emergency, the dam has an emergency action plan (EAP) in place, although details about its preparation and meeting guidelines are not specified in the data. Fairchild Dam's location, design, and purpose highlight its importance in protecting the surrounding area from flooding and managing water resources effectively in Morrill County, Nebraska.