Upper Canal Irrigation Company is located in Holladay, UT. 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. Upper Canal Irrigation 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, Upper Canal Irrigation Company generated $174.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $143.1k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 5 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
CANAL IRRIGATION WATER SERVICE TO OVER OVER 350 WATER USERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephanie Cannon President | 10 | $22,525 | |
Doug Shelby Board Member | 2 | $1,950 | |
Kristen Brown Secretary | 5 | $5,117 | |
Dave Maiorano Board Member | 2 | $1,950 | |
Kevin Goodman Treasurer | 5 | $5,081 | |
Russell Fillmore Chief Financial Officer | 6 | $12,788 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $28,382 |
Membership dues | $144,539 |
Investment income | $410 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $622 |
Total Revenue | $173,953 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $104,197 |
Professional fees and other payments to independent contractors | $15,557 |
Occupancy, rent, utilities, and maintenance | $4,087 |
Printing, publications, postage, and shipping | $631 |
Other expenses | $18,590 |
Total expenses | $143,062 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $107,068 |
Other assets | $0 |
Total assets | $305,815 |
Total liabilities | $0 |
Net assets or fund balances | $305,815 |