Long Island Irrigation Company
- Assets
- $757.8k
- Revenue
- $111.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Rigby, ID
- Founding
- 06/1982
- Data as of
- 09/2022
- EIN
- 82-0139623
Organization Overview
Long Island Irrigation Company is located in Rigby, ID. The organization was established in 1982. 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 09/2022, Long Island Irrigation Company employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Island Irrigation 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 09/2022, Long Island Irrigation Company generated $111.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $93.2k during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WATER DELIVERY-IRRIGATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY WAS FORMED TO PROVIDE THE DELIVERY OF IRRIGATION WATER TO FIELD CROPS TO THOSE SHAREHOLDERS WITHIN THE GEOGRAPHY BOUNDRIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilene Klingler Secretary | OfficerTrustee | 2 | $3,400 |
Shane Shippen President | OfficerTrustee | 1 | $0 |
Ben Briggs Director | OfficerTrustee | 1 | $0 |
Darin Cottle Vice Preside | OfficerTrustee | 1 | $0 |
Roger Clark Director | OfficerTrustee | 1 | $0 |
Ty Scott Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $94,095 |
| 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 | $94,095 |
| Total Program Service Revenue | $17,286 |
| Investment income | $62 |
| 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 | $111,443 |
| 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. | $3,400 |
| Compensation of current officers, directors, key employees. | $3,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,516 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $897 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $384 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $12,844 |
| Insurance | $2,874 |
| All other expenses | $1,506 |
| Total functional expenses | $93,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,010 |
| Savings and temporary cash investments | $34,643 |
| 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 | $1,060 |
| Net Land, buildings, and equipment | $642,601 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,467 |
| Total assets | $757,781 |
| Accounts payable and accrued expenses | $1,587 |
| Grants payable | $0 |
| Deferred revenue | $752 |
| 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 | $0 |
| Total liabilities | $2,339 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $49,791 |
| Paid-in or capital surplus, or land, building, or equipment fund | $537,326 |
| Retained earnings, endowment, accumulated income, or other funds | $168,325 |
| Total liabilities and net assets/fund balances | $757,781 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mccone Electric Co-Op Inc Circle, MT | $37,856,748 | $10,690,087 |
Beartooth Electric Cooperative Inc Red Lodge, MT | $19,770,927 | $9,512,257 |
Draper Irrigation Co Draper, UT | $74,945,255 | $9,511,212 |
Big Horn County Electric Cooperative Inc Hardin, MT | $18,794,081 | $8,393,907 |
Ohop Mutual Light Co Eatonville, WA | $21,175,610 | $8,133,923 |
Provo River Water Users Assoc Pleasant Grove, UT | $250,006,171 | $5,531,616 |
Summit Water Distribution Company Park City, UT | $15,374,227 | $6,703,957 |
Idaho County Light & Power Cooperative Association Inc Highwa Grangeville, ID | $19,684,328 | $7,493,307 |
Emery Telephone Orangeville, UT | $19,692,468 | $5,848,515 |
Marias River Electric Cooperative Inc Shelby, MT | $18,173,914 | $7,549,069 |
Salmon River Electric Cooperative Inc Challis, ID | $19,095,369 | $7,043,358 |
Southeast Electric Cooperative Inc Ekalaka, MT | $22,253,929 | $7,030,153 |