New Lavaside Ditch Company is located in Blackfoot, ID. The organization was established in 1993. 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. New Lavaside Ditch 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 12/2021, New Lavaside Ditch Company generated $57.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $96.7k during the year ending 12/2021. While expenses have increased by 5.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
NA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kent Christiansen Director | 1 | $300 | |
Lance Gardner Director | 1 | $300 | |
Von Cornelison Director | 3 | $3,500 | |
John Jorgensen Director | 1 | $1,000 | |
Doug Tam Director | 1 | $300 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $49,970 |
Investment income | $8 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $7,400 |
Total Revenue | $57,378 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,400 |
Professional fees and other payments to independent contractors | $2,955 |
Occupancy, rent, utilities, and maintenance | $48,601 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $39,706 |
Total expenses | $96,662 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,191 |
Other assets | $0 |
Total assets | $16,591 |
Total liabilities | $15,000 |
Net assets or fund balances | $1,591 |