Thompson-Epperson Ditch Company is located in Bayfield, CO. The organization was established in 1946. 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. Thompson-Epperson 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, Thompson-Epperson Ditch Company generated $78.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $48.4k during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
DITCH MAINTENANCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Monte Miller Board President | 2 | $0 | |
Greg Roth Board Vice President | 1 | $0 | |
Judy Wood Board Member | 0.5 | $0 | |
Tim Karl Board Member | 1 | $0 | |
Mark Huffmyer Board Secretary Treasuer | 1 | $0 | |
Kelly Mccaw Bookkeeper | 3 | $2,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $75,456 |
Investment income | $72 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,845 |
Total Revenue | $78,373 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $11,250 |
Professional fees and other payments to independent contractors | $31,933 |
Occupancy, rent, utilities, and maintenance | $62 |
Printing, publications, postage, and shipping | $357 |
Other expenses | $4,764 |
Total expenses | $48,366 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $94,443 |
Other assets | $0 |
Total assets | $94,443 |
Total liabilities | $0 |
Net assets or fund balances | $94,443 |