Pine River Bayfield Ditch Company
- Assets
- $163.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bayfield, CO
- Founding
- 03/1969
- Data as of
- 12/2023
- 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 12/2023, Pine River Bayfield Ditch Company generated $39.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $44.0k during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF IRRIGATION DITCH SYSTEM SERVING 52 DITCH SHAREHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rickie Swink Director | 0.5 | $0 | |
Shawn Davlin Director | 0.5 | $0 | |
Larry Hronich President/director | 1.5 | $0 | |
Tom Kenner Vice-President/director | 1 | $0 | |
Paul Morrison Sec/treasurer/director | 37.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,593 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,593 |
| 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 | $495 |
| Occupancy, rent, utilities, and maintenance | $6,333 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,173 |
| Total expenses | $44,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,465 |
| Other assets | $0 |
| Total assets | $163,801 |
| Total liabilities | $113,048 |
| Net assets or fund balances | $50,753 |