Gleed Canal Co
- Assets
- $202.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yakima, WA
- Founding
- 08/1943
- Data as of
- 12/2022
- EIN
- 91-0622242
Organization Overview
Gleed Canal Co is located in Yakima, WA. The organization was established in 1943. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gleed Canal Co 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, Gleed Canal Co generated $75.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $47.9k during the year ending 12/2022. While expenses have increased by 1.0% 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATE AND MAINTAIN AN IRRIGATION CANAL PROVIDING IRRIGATION WATER TO 163 CLIENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Atkins President | 0.25 | $0 | |
John Dobie Secretary/treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $75,167 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,167 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,864 |
| Professional fees and other payments to independent contractors | $11,668 |
| Occupancy, rent, utilities, and maintenance | $770 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,592 |
| Total expenses | $47,894 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,168 |
| Other assets | $0 |
| Total assets | $202,669 |
| Total liabilities | $729 |
| Net assets or fund balances | $201,940 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Twin Falls Canal Company Twin Falls, ID | $15,506,404 | $6,312,715 |
Oaks Park Association Portland, OR | $15,243,848 | $2,154,099 |
Aberdeen-Springfield Canal Co Aberdeen, ID | $4,973,666 | $3,199,383 |
Big Wood Canal Company Shoshone, ID | $14,862,261 | $3,464,114 |
Washingtons National Park Fund Seattle, WA | $3,011,773 | $2,578,646 |
Discover Your Northwest Seattle, WA | $2,832,800 | $3,399,427 |
Hat Butte Mutual Canal Company Nampa, ID | $519,153 | $1,258,792 |
Boys & Girls Club Of The Umpqua Valley Roseburg, OR | $4,819,111 | $1,858,339 |
Happy Canyon Company Inc Pendleton, OR | $1,239,056 | $1,841,169 |
Denali Education Center Denali Park, AK | $3,977,416 | $678,642 |
Salmon River Canal Company Ltd Twin Falls, ID | $1,901,770 | $954,732 |
Trail Mix Inc Juneau, AK | $1,972,045 | $1,896,110 |