Stonegate Water Company
- Assets
- $53.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roosevelt, UT
- Founding
- 07/2009
- Data as of
- 12/2018
- EIN
- 26-3049331
Organization Overview
Stonegate Water Company is located in Roosevelt, UT. The organization was established in 2009. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stonegate Water 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 12/2018, Stonegate Water Company generated $5.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $4.0k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
PROVIDE IRRIGATION FROM A REGIONAL CANAL SYSTEM TO NEIGHBORHOOD RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colt Miller Director | 1 | $0 | |
Jeremy Maycock Vice President | 1 | $0 | |
Mike Mcbride President | 1 | $0 | |
Guy Hollenbeck Director | 1 | $0 | |
Alicia Rasmussen Secretary | 1 | $0 | |
Chris Oakes Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,800 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,800 |
| 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 | $225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,779 |
| Total expenses | $4,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,631 |
| Other assets | $0 |
| Total assets | $53,631 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,631 |