Spring Creek Extension Ditch Company
- Assets
- $142.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ignacio, CO
- Founding
- Data as of
- 12/2021
- EIN
- 84-0607445
Organization Overview
Spring Creek Extension Ditch Company is located in Ignacio, CO.
For the year ending 12/2021, Spring Creek Extension Ditch Company generated $58.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $60.7k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 6 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 64 DITCH SHAREHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nate Wright Spanish Fork Ranch Vice-President | 0.5 | $0 | |
Richard Parry Secretary/treasurer | 2.5 | $0 | |
Steve Pargin President | 1 | $0 | |
Ezra Lee Director | 0.5 | $0 | |
Mark Williams Director/ditch Rider | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $56,966 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,908 |
| Total Revenue | $58,874 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,564 |
| Professional fees and other payments to independent contractors | $495 |
| Occupancy, rent, utilities, and maintenance | $8,359 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,290 |
| Total expenses | $60,708 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,766 |
| Other assets | $0 |
| Total assets | $142,928 |
| Total liabilities | $30 |
| Net assets or fund balances | $142,898 |
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