Pine River Bayfield Ditch Company
- Assets
- $178.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bayfield, CO
- Founding
- 03/1969
- Data as of
- 12/2021
- EIN
- 84-0483300
Organization Overview
Pine River Bayfield Ditch Company is located in Bayfield, CO. The organization was established in 1969. 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. Pine River Bayfield 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, Pine River Bayfield Ditch Company generated $47.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $43.9k during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 54 DITCH SHAREHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rickie Swink Director | 0.5 | $0 | |
Greg Morrison Vice-President/director | 1 | $0 | |
Larry Hronich President/director | 1.5 | $0 | |
Paul Morrison Sec/treasurer/director | 37.5 | $0 | |
Ron Tate Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,198 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,198 |
| 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 | $4,162 |
| Occupancy, rent, utilities, and maintenance | $6,333 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,438 |
| Total expenses | $43,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,812 |
| Other assets | $0 |
| Total assets | $178,814 |
| Total liabilities | $129,109 |
| Net assets or fund balances | $49,705 |
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