Animas Consolidated Ditch Company
- Assets
- $195.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Durango, CO
- Founding
- Data as of
- 12/2021
- EIN
- 84-0450183
Organization Overview
Animas Consolidated Ditch Company is located in Durango, CO. As of 12/2021, Animas Consolidated Ditch Company employed 4 individuals. Animas Consolidated 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, Animas Consolidated Ditch Company generated $92.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $65.1k during the year ending 12/2021. 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
MAINTENANCE OF IRRIGATION DITCH SYSTEM SERVING 316 DITCH SHAREHOLDERS AND 5 CONTRACT HOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Shaffer Treasurer | 1 | $0 | |
Kevin Jones Vice-President | 1 | $0 | |
Tim Holt Director | 0.5 | $0 | |
Daniel James President | 1.5 | $0 | |
Eric Bikis Secretary | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $88,215 |
| Investment income | $48 |
| Gain or Loss | $4,500 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,763 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,759 |
| Professional fees and other payments to independent contractors | $9,006 |
| Occupancy, rent, utilities, and maintenance | $4,189 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,138 |
| Total expenses | $65,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,668 |
| Other assets | $0 |
| Total assets | $195,646 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,646 |
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