Highland Park Lateral Ditch Co is located in Grand Junction, CO. The organization was established in 1954. 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. Highland Park Lateral Ditch Co 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, Highland Park Lateral Ditch Co generated $66.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $60.4k during the year ending 12/2023. 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
SUPPLIED IRRIGATION WATER TO OVER 1000 CUSTOMERS WITH MINIMAL INTERUPTIONS IN SERVICE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frances Blackwelder President | 1 | $1,835 | |
Marie Neuberger Secretary | 1 | $1,147 | |
Bobilee Cunnigham Treasurer | 1 | $750 | |
Craig Roberts Ditch Rider | 15 | $20,158 | |
Becky Dowd Asst Treasurer | 4 | $4,600 | |
William Rogers Director | 1 | $843 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $60,994 |
Investment income | $430 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5,385 |
Total Revenue | $66,809 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $30,283 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $19,032 |
Printing, publications, postage, and shipping | $1,325 |
Other expenses | $9,783 |
Total expenses | $60,423 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $230,769 |
Other assets | $0 |
Total assets | $274,355 |
Total liabilities | $0 |
Net assets or fund balances | $274,355 |