North Point Consolidated Irrigation Company is located in Salt Lake Cty, UT. The organization was established in 1985. 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. North Point Consolidated 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 12/2021, North Point Consolidated Irrigation Company generated $171.9k 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 $187.4k during the year ending 12/2021. While expenses have increased by 6.8% 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
PROVIDEIRRIGATIONWATERTO40STOCKHOLDERSOFTHECOMPANY.THISINCLUDESTHEREGULATIONOFWATER,MAINTENANCEOFCANALS,DITCHES,DAMS,ANDFLUMES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lane Jensen Water Master | 40 | $42,000 | |
Elliot F Christensen President | 0 | $5,088 | |
Gary F Brown Secretary Treasurer | 10 | $3,600 | |
Rob Erickson Vice President | 0 | $0 | |
Joel Nelson Director | 0 | $0 | |
Aaron Weight Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $149,633 |
Membership dues | $0 |
Investment income | $17,258 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5,000 |
Total Revenue | $171,891 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $71,532 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $103,404 |
Printing, publications, postage, and shipping | $566 |
Other expenses | $11,883 |
Total expenses | $187,385 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $265,417 |
Other assets | $0 |
Total assets | $265,417 |
Total liabilities | $0 |
Net assets or fund balances | $265,417 |
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