Teton Co-Op Canal Co
- Assets
- $195.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Choteau, MT
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 81-0522638
Organization Overview
Teton Co-Op Canal Co is located in Choteau, MT. The organization was established in 2009. 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. Teton Co-Op Canal Co 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 12/2022, Teton Co-Op Canal Co generated $74.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $50.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Haug President | 1 | $0 | |
Russ Baker Vice President | 10 | $0 | |
Cecil Goodman Sec/treas | 1 | $0 | |
Jim Bouma Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $74,400 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,400 |
| 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 | $23,475 |
| Occupancy, rent, utilities, and maintenance | $4,716 |
| Printing, publications, postage, and shipping | $79 |
| Other expenses | $22,659 |
| Total expenses | $50,929 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,258 |
| Other assets | $0 |
| Total assets | $195,942 |
| Total liabilities | $168,007 |
| Net assets or fund balances | $27,935 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Norval Electric Cooperative Inc Glasgow, MT | $30,343,737 | $8,069,987 |
Joint Well Field Inc Toronto, SD | $8,836,721 | $856,862 |
Twin Lakes Canal Co Weston, ID | $9,954,777 | $926,899 |
Broadwater-Missouri Townsend, MT | $834,840 | $339,212 |
Eastern Snake Plain Aquifer Recharge Blackfoot, ID | $271,008 | $254,078 |
Old Baldy Water & Sewer Company Saratoga, WY | $375,277 | $327,699 |
United Canal Company Blackfoot, ID | $427,082 | $0 |
Conroy Building Association Casper, WY | $42,472 | $0 |
Henrys Fork Groundwater District St Anthony, ID | $216,079 | $0 |
Nine Mile Water And Sewer District Laramie, WY | $236,634 | $117,831 |
Idaho Energy Authority Inc Heyburn, ID | $0 | $0 |
Teton Co-Op Canal Co Choteau, MT | $195,942 | $0 |
Lenroot Canal Co Rexburg, ID | $365,677 | $52,017 |
Watson Canal Company Blackfoot, ID | $108,795 | $0 |
Snider 9 Lateral Association Boise, ID | $95,551 | $0 |
Hyatt Lateral 6-50 Inc Boise, ID | $2,743 | $0 |
Idaho Broadband Coop Idaho Falls, ID | $1,000 | $0 |