J & M Hughes Ditch Company
- Assets
- $1.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwood, CO
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 83-4635847
Organization Overview
J & M Hughes Ditch Company is located in Norwood, CO. The organization was established in 2019. 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. J & M Hughes 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, J & M Hughes Ditch Company generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $25.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
DELIVER IRRIGATION WATER TO STOCKHOLDERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Hughes President | 1 | $0 | |
Bill Masters Vice-President | 0.5 | $0 | |
Sandra Braiser Secretary/treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,000 |
| 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 | $1,108 |
| Occupancy, rent, utilities, and maintenance | $24,461 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $25,569 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,244 |
| Other assets | $0 |
| Total assets | $1,244 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,244 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sierra Electric Cooperative Inc Elephant Butte, NM | $28,287,663 | $9,920,270 |
Radiant Electric Cooperative Inc Fredonia, KS | $28,884,630 | $9,444,366 |
Utility Notification Center Of Colorado Golden, CO | $14,541,234 | $10,059,276 |
Yuma County Water Users Association Yuma, AZ | $40,568,423 | $9,585,922 |
Draper Irrigation Co Draper, UT | $74,945,255 | $9,511,212 |
Nebraska Municipal Power Pool Lincoln, NE | $2,106,439 | $8,125,325 |
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 |
Brown-Atchison Electric Cooperative Assn Inc Horton, KS | $23,546,991 | $7,348,905 |
Emery Telephone Orangeville, UT | $19,692,468 | $5,848,515 |
Niobrara Valley Electric Membership Corporation Oneill, NE | $35,289,177 | $7,155,194 |
Dona Ana Mutual Domestic Water Consumers Assn Dona Ana, NM | $63,609,549 | $7,177,936 |