Goodhue Ditch And Reservoir Company
- Assets
- $173.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, CO
- Founding
- 05/1951
- Data as of
- 12/2023
- EIN
- 84-6036672
Organization Overview
Goodhue Ditch And Reservoir Company is located in Louisville, CO. The organization was established in 1951. 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. Goodhue Ditch And Reservoir 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, Goodhue Ditch And Reservoir Company generated $106.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $94.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 5 years. 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
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Peterson President | 4 | $0 | |
Darren Beck Vice President | 1 | $0 | |
Melanie Asquith Secretarytreasurer | 1 | $0 | |
Bob Clyncke Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,300 |
| Membership dues | $102,877 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,183 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $89,844 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $24 |
| Other expenses | $4,372 |
| Total expenses | $94,240 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,570 |
| Other assets | $0 |
| Total assets | $173,570 |
| Total liabilities | $0 |
| Net assets or fund balances | $173,570 |