Numbers 3 Outlet Ditch Co is located in Mead, CO. The organization was established in 1945. 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. Numbers 3 Outlet Ditch 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, Numbers 3 Outlet Ditch Co generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $19.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.4%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
MUTUAL IRRIGATION DITCH COMPANY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Rademacher Vice President | 1 | $0 | |
Pete Salazar Secretary | 1 | $0 | |
Brian England President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $5,092 |
Membership dues | $22,933 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $28,025 |
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 | $1,388 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $18,086 |
Total expenses | $19,474 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $26,954 |
Other assets | $0 |
Total assets | $35,842 |
Total liabilities | $0 |
Net assets or fund balances | $35,842 |