Northwest Irrigation Company Inc is located in Morgan, UT. The organization was established in 2019. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., 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. Northwest Irrigation Company Inc 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 10/2023, Northwest Irrigation Company Inc generated $79.5k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $61.2k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
DURING THE SERVICE YEAR WE PROVIDED IRRIGATION WATER TO OUR SHAREHOLDER AS PER OUR BYLAWS AND IN ACCORDANCE WITH STATE RULES AND REGULATIONS. WE SERVICED APPROXIMATELY 13 SHAREHOLDERS DURING THE SERVICE YEAR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Love Director | 0 | $0 | |
Blaine Austin Vice President, Director | 0 | $0 | |
Wade Warner Secretary, Director | 0 | $1,128 | |
Byron Beck Treasurer, Director | 0 | $0 | |
Mike Wasuita Director | 0 | $0 | |
Rulon Gardner Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $79,539 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $79,539 |
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 | $5,819 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $55,372 |
Total expenses | $61,191 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $44,789 |
Other assets | $0 |
Total assets | $442,015 |
Total liabilities | $313,995 |
Net assets or fund balances | $128,020 |