Farmers Union Ditch Co Ltd
- Assets
- $958.0k
- Revenue
- $575.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Eagle, ID
- Founding
- 06/1946
- Data as of
- 12/2021
- EIN
- 82-0118095
Organization Overview
Farmers Union Ditch Co Ltd is located in Eagle, ID. The organization was established in 1946. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Farmers Union Ditch Co Ltd employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farmers Union Ditch Co Ltd 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 12/2021, Farmers Union Ditch Co Ltd generated $575.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $437.3k during the year ending 12/2021. While expenses have increased by 2.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE IRRIGATION WATER TO ASSOCIATION MEMBERS WITHIN THE IRRIGATION DISTRICT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE IRRIGATION WATER TO ASSOCIATION MEMBERS WITHIN THE IRRIGATION DISTRICT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lloyd Akins Vice Preside | OfficerTrustee | 2 | $0 |
Paul Akins Secretary | OfficerTrustee | 2 | $0 |
Sam Rosti President | OfficerTrustee | 2 | $0 |
John Schram Treasurer | OfficerTrustee | 2 | $0 |
Mike Mcgowan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $572,270 |
| Investment income | $3,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $575,302 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,182 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,403 |
| Payroll taxes | $8,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,072 |
| Fees for services: Accounting | $4,363 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,016 |
| Advertising and promotion | $400 |
| Office expenses | $4,257 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,162 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,228 |
| Insurance | $23,298 |
| All other expenses | $3,031 |
| Total functional expenses | $437,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,182 |
| Savings and temporary cash investments | $601,714 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $181,641 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $116,480 |
| Total assets | $958,017 |
| Accounts payable and accrued expenses | $4,309 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45 |
| Total liabilities | $4,354 |
| Net assets without donor restrictions | $953,663 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $958,017 |
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