Dixie Escalante Rural
- Assets
- $208.3m
- Revenue
- $56.0m
- Investments
- $5.6m
- Employees
- 93
- Location
- Beryl, UT
- Founding
- 03/1979
- Data as of
- 12/2023
- EIN
- 87-0339348
Organization Overview
Dixie Escalante Rural is located in Beryl, UT. The organization was established in 1979. 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 12/2023, Dixie Escalante Rural employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dixie Escalante Rural 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, Dixie Escalante Rural generated $56.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $50.7m during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SALE OF ELECTRICITY - NONPROFIT COOPERATIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECTED A TOTAL OF 1,677 NEW SERVICES THROUGHOUT THE YEAR. A TOTAL OF 28,009 SERVICES ARE PROVIDED IN SOUTHERN UTAH AND 3,065 SERVICES ARE PROVIDED IN NORTHERN ARIZONA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Anderson Director | Trustee | 3 | $19,600 |
Michael Brown Director/chairman | Trustee | 10.6 | $22,600 |
Delyle Carling Director | Trustee | 2 | $5,600 |
Richard Peetz Director | Trustee | 5 | $21,700 |
Scott Schill Director | Trustee | 3.5 | $24,400 |
Robyn Serage Secretary/director | Trustee | 5 | $31,850 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alliance Consulting Lc Engineering & Design | 12/30/23 | $149,842 |
Prime Excavation Llc Excavation & Trenching | 12/30/23 | $395,323 |
Financial Statements
| 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 | $55,861,824 |
| Investment income | $36,458 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $79,265 |
| 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 | $55,977,547 |
| 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. | $2,042,453 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,366,808 |
| Pension plan accruals and contributions | $1,364,643 |
| Other employee benefits | $1,395,972 |
| Payroll taxes | $739,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $2,548,419 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,602,108 |
| Insurance | $0 |
| All other expenses | -$9,463,656 |
| Total functional expenses | $50,734,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,200,714 |
| Savings and temporary cash investments | $667,648 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,020,983 |
| Loans from Officers, Directors, or Controlling Persons | $260,077 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,013,048 |
| Prepaid expenses and deferred charges | $682,165 |
| Net Land, buildings, and equipment | $184,906,576 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,594,402 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $208,345,613 |
| Accounts payable and accrued expenses | $11,381,445 |
| Grants payable | $0 |
| Deferred revenue | $65,871,295 |
| 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 | $56,877,221 |
| Other liabilities | $25,533,750 |
| Total liabilities | $159,663,711 |
| 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 | $9,450 |
| Retained earnings, endowment, accumulated income, or other funds | $48,672,452 |
| Total liabilities and net assets/fund balances | $208,345,613 |