United Canal Company is located in Blackfoot, ID. The organization was established in 2007. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Canal Company is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2023, United Canal Company generated $164.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $126.4k during the year ending 12/2023. While expenses have increased by 6.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Neal Morgan President | 0.5 | $0 | |
Ron Ellis Treasurer | 2 | $1,000 | |
Todd Mickelsen Director | 0.5 | $0 | |
Bill Martin Director | 0.5 | $0 | |
Bruce Lake Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $143,200 |
Investment income | $4,313 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $17,056 |
Total Revenue | $164,569 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,255 |
Occupancy, rent, utilities, and maintenance | $1,082 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $120,102 |
Total expenses | $126,439 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $427,082 |
Other assets | $0 |
Total assets | $427,082 |
Total liabilities | $0 |
Net assets or fund balances | $427,082 |