Extension Irrigation Company is located in Johnstown, CO. 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. Extension 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, Extension Irrigation Company generated $68.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $104.3k during the year ending 12/2023. 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
SUPPLY WATER TO IT'S MEMBERS AND PERFORM ROUTINE MAINTENANCE AS NECESSARY TO ENSURE UNOBSTRUCTED FLOW OF WATER TO IT'S MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Schultz Manager | 6 | $10,547 | |
Christopher Thompson Member | 12 | $13,139 | |
Ron Klein Vice President | 2 | $0 | |
Gary Frank Director | 2 | $0 | |
Mark Spaur President | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,850 |
| Investment income | $2,407 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,257 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,605 |
| Professional fees and other payments to independent contractors | $25,555 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,090 |
| Total expenses | $104,250 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,308 |
| Other assets | $0 |
| Total assets | $121,847 |
| Total liabilities | $578 |
| Net assets or fund balances | $121,269 |