Brighton Ditch Company
- Assets
- $393.3k
- Revenue
- $101.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Fort Lupton, CO
- Founding
- 04/1945
- Data as of
- 12/2022
- EIN
- 84-6038339
Organization Overview
Brighton Ditch Company is located in Fort Lupton, 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. Brighton 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 12/2022, Brighton Ditch Company generated $101.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $72.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MUTUAL DITCH COMPANY. DELIVERY OF IRRIGATION WATER TO SHREHOLDERS/MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUTUAL DITCH COMPANY. DELIVERY OF IRRIGATION WATER TO SHREHOLDERS/MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Smith Ditch Superintendent | Officer | 40 | $25,365 |
Tricia Williams Vice President | Officer | 5 | $0 |
William Stieber President | Officer | 5 | $0 |
Dawn Jewell Secretary | Officer | 5 | $0 |
Robert Y Sakata Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $101,527 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,527 |
| Total Program Service Revenue | $0 |
| Investment income | $251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,067 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,279 |
| Fees for services: Accounting | $3,927 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $60 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,814 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,726 |
| Total functional expenses | $72,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $393,288 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $393,288 |
| Accounts payable and accrued expenses | $161 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $165,521 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $165,682 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $227,606 |
| Total liabilities and net assets/fund balances | $393,288 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sierra Electric Cooperative Inc Elephant Butte, NM | $28,287,663 | $9,920,270 |
Radiant Electric Cooperative Inc Fredonia, KS | $28,884,630 | $9,444,366 |
Utility Notification Center Of Colorado Golden, CO | $14,541,234 | $10,059,276 |
Yuma County Water Users Association Yuma, AZ | $40,568,423 | $9,585,922 |
Draper Irrigation Co Draper, UT | $74,945,255 | $9,511,212 |
Nebraska Municipal Power Pool Lincoln, NE | $2,106,439 | $8,125,325 |
Provo River Water Users Assoc Pleasant Grove, UT | $250,006,171 | $5,531,616 |
Summit Water Distribution Company Park City, UT | $15,374,227 | $6,703,957 |
Brown-Atchison Electric Cooperative Assn Inc Horton, KS | $23,546,991 | $7,348,905 |
Emery Telephone Orangeville, UT | $19,692,468 | $5,848,515 |
Niobrara Valley Electric Membership Corporation Oneill, NE | $35,289,177 | $7,155,194 |
Dona Ana Mutual Domestic Water Consumers Assn Dona Ana, NM | $63,609,549 | $7,177,936 |