Lower Oligarchy Ditch Co is located in Longmont, 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. Lower Oligarchy 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, Lower Oligarchy Ditch Co generated $18.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $3.9k during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 2 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
IRRIGATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Boden President | 0 | $0 | |
Wes Lowrie Vice President | 0 | $0 | |
Angie Swanson Secretary/treas | 0 | $0 | |
Trent Kischer Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $12,961 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,027 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,909 |
| Total expenses | $3,909 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,094 |
| Other assets | $0 |
| Total assets | $92,331 |
| Total liabilities | $58 |
| Net assets or fund balances | $92,273 |