Spring Creek Extension Ditch Company is located in Ignacio, CO.
For the year ending 12/2023, Spring Creek Extension Ditch Company generated $55.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $62.3k during the year ending 12/2023. While expenses have increased by 2.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF IRRIGATION DITCH SYSTEM SERVING 64 DITCH SHAREHOLDERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nate Wright Spanish Fork Ranch Vice-President | 0.5 | $0 | |
Richard Parry Secretary/treasurer | 2.5 | $0 | |
Steve Pargin President | 1 | $0 | |
Ezra Lee Director | 0.5 | $0 | |
Mark Williams Director/ditch Rider | 15 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,376 |
| Investment income | $4,361 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,737 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,670 |
| Professional fees and other payments to independent contractors | $495 |
| Occupancy, rent, utilities, and maintenance | $8,427 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,747 |
| Total expenses | $62,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,338 |
| Other assets | $0 |
| Total assets | $138,404 |
| Total liabilities | $0 |
| Net assets or fund balances | $138,404 |