Rigby Canal & Irrigation is located in Rigby, ID. The organization was established in 1940. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rigby Canal & Irrigation 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 12/2023, Rigby Canal & Irrigation generated $28.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $38.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 9 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
PROVIDE ITS SHAREHOLDERS WITH THEIR CORRECT SHARE OF WATER, AS WELL AS MANTAIN THE CANAL SYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jed Hodges President | 0 | $0 | |
Sue Walker Secretary/tr | 0 | $0 | |
Kevin Walker Director | 0 | $0 | |
Steve Tanner Director | 0 | $0 | |
Richard Jacobson Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $28,541 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $346 |
Total Revenue | $28,887 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $9,845 |
Professional fees and other payments to independent contractors | $925 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $27,633 |
Total expenses | $38,403 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $27,148 |
Other assets | $0 |
Total assets | $27,148 |
Total liabilities | $0 |
Net assets or fund balances | $27,148 |