Silver Fork Pipeline Corp is located in Brighton, UT. The organization was established in 0000. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Silver Fork Pipeline Corp employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Fork Pipeline Corp 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, Silver Fork Pipeline Corp generated $127.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $98.1k during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEMBER-OWNED WATER COMPANYTO PROVIDE CULINARY WATER TO PROPERTY OWNERS IN BIG COTTONWOOD CANYON, UTAH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CULINARY WATER TO PROPERTY OWNERS IN BIG COTTONWOOD CANYON, UTAH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Mcintosh Water Master | Trustee | 10 | $16,506 |
Jolene Despain Secretarytreasurer | Officer | 6 | $2,988 |
Phil Lanquette President | Officer | 3 | $0 |
Scott Benson Vice President | Officer | 3 | $0 |
Barbara Cameron Director | Trustee | 1 | $0 |
Dave Carlson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $127,065 |
Investment income | $41 |
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 | $127,106 |
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. | $19,493 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,261 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,888 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,041 |
Advertising and promotion | $0 |
Office expenses | $1,056 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,314 |
Insurance | $6,135 |
All other expenses | $3,151 |
Total functional expenses | $98,143 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $123,036 |
Savings and temporary cash investments | $82,166 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $275 |
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 | $342,065 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $547,542 |
Accounts payable and accrued expenses | $1,750 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,750 |
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 | $545,792 |
Total liabilities and net assets/fund balances | $547,542 |
Organization Name | Assets | Revenue |
---|---|---|
Sierra Electric Cooperative Inc Elephant Butte, NM | $28,287,663 | $9,920,270 |
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Yuma County Water Users Association Yuma, AZ | $40,568,423 | $9,585,922 |
Draper Irrigation Co Draper, UT | $74,945,255 | $9,511,212 |
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 |
Idaho County Light & Power Cooperative Association Inc Highwa Grangeville, ID | $19,684,328 | $7,493,307 |
Emery Telephone Orangeville, UT | $19,692,468 | $5,848,515 |
Salmon River Electric Cooperative Inc Challis, ID | $19,095,369 | $7,043,358 |
Dona Ana Mutual Domestic Water Consumers Assn Dona Ana, NM | $63,609,549 | $7,177,936 |
Lost River Electric Cooperative Inc Mackay, ID | $11,076,384 | $7,381,964 |
Uncompahgre Valley Water Users Montrose, CO | $12,568,177 | $4,912,421 |