Culver Lateral Ditch Co is located in Longmont, CO. The organization was established in 1969. 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. Culver Lateral Ditch 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, Culver Lateral Ditch Co generated $22.1k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $33.3k during the year ending 12/2022. 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
IRRIGATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Hamann President | 1 | $0 | |
Ladon Kee Vice President | 1 | $0 | |
Angie Swanson Treasurer/secre | 2 | $0 | |
Jim Nankervis Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,962 |
| Membership dues | $13,068 |
| Investment income | $115 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,145 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,554 |
| Professional fees and other payments to independent contractors | $605 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,127 |
| Total expenses | $33,286 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,582 |
| Other assets | $0 |
| Total assets | $100,450 |
| Total liabilities | $68,055 |
| Net assets or fund balances | $32,395 |