Union Ditch And Water Co is located in Florence, CO. The organization was established in 1948. 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. Union Ditch And Water Co 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 12/2022, Union Ditch And Water Co generated $59.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $59.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PERFORMS MAINTENANCE ON A DITCH THAT TRANSPORTS WATER TO APPROXIMATELY 181 PERSONS THAT SUPPORT THE ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brad Zerfas Board President | 0 | $0 | |
Tom Piltingsrud Board Vice President | 0 | $0 | |
Debra Mcbeth Board Secretary-Treasurer | 15 | $13,416 | |
John Lobach Board Member | 0 | $0 | |
Dixie Wright Board Member | 0 | $0 | |
Brandon Angel Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $59,400 |
Investment income | $10 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $503 |
Total Revenue | $59,913 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $36,559 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $14,685 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,142 |
Total expenses | $59,386 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $90,373 |
Other assets | $0 |
Total assets | $391,932 |
Total liabilities | $2,711 |
Net assets or fund balances | $389,221 |