Dixie Escalante Rural
- Assets
- $171.7m
- Revenue
- $52.3m
- Investments
- $0.0
- Employees
- 99
- Location
- Beryl, UT
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 87-0339348
Organization Overview
Dixie Escalante Rural is located in Beryl, UT. The organization was established in 1979. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Dixie Escalante Rural employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dixie Escalante Rural 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 12/2021, Dixie Escalante Rural generated $52.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $47.1m during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SALE OF ELECTRICITY - NONPROFIT COOPERATIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECTED A TOTAL OF 2,598 NEW SERVICES THROUGHOUT THE YEAR. A TOTAL OF 24,844 SERVICES ARE PROVIDED IN SOUTHERN UTAH AND 2,798 SERVICES ARE PROVIDED IN NORTHERN ARIZONA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
G Ladel Laub Ceo, Pres. | Officer | 50 | $232,832 |
Colin Jack COO | Officer | 50 | $172,751 |
Vernon Bosshardt Tech Service | 50 | $162,933 | |
Chery Hulet CFO | Officer | 50 | $153,494 |
Andrew Lytle Operations M | 50 | $142,335 | |
Duke Randall It Manager | 44 | $140,591 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Utility Technical Services Construction | 12/30/21 | $141,600 |
Fleet Equipment Services Construction | 12/30/21 | $100,469 |
All Points Wireless Construction | 12/30/21 | $270,982 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,160,071 |
| Investment income | $46,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $79,265 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,285,597 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,001,051 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,165,989 |
| Pension plan accruals and contributions | $1,253,942 |
| Other employee benefits | $1,356,716 |
| Payroll taxes | $654,835 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,155,498 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,866,326 |
| Insurance | $0 |
| All other expenses | -$8,524,323 |
| Total functional expenses | $47,103,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $766,057 |
| Savings and temporary cash investments | $629,759 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,478,187 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $544,725 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,088,405 |
| Prepaid expenses and deferred charges | $1,114,887 |
| Net Land, buildings, and equipment | $154,789,106 |
| Investments—publicly traded securities | $3,889,100 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $359,995 |
| Total assets | $171,660,221 |
| Accounts payable and accrued expenses | $8,485,557 |
| Grants payable | $0 |
| Deferred revenue | $52,419,989 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $50,554,112 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,955,051 |
| Total liabilities | $127,414,709 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $9,450 |
| Retained earnings, endowment, accumulated income, or other funds | $44,236,062 |
| Total liabilities and net assets/fund balances | $171,660,221 |
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|---|---|---|
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La Plata Electric Association Inc Durango, CO | $287,521,885 | $109,650,926 |
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Moon Lake Electric Association Inc Roosevelt, UT | $157,473,371 | $84,270,268 |
Mohave Electric Cooperative Inc Bullhead City, AZ | $252,184,313 | $80,080,972 |
High Plains Power Inc Riverton, WY | $149,704,644 | $74,809,988 |
Delta-Montrose Electric Association Montrose, CO | $233,268,073 | $81,764,019 |
Yampa Valley Electric Association Inc Steamboat Springs, CO | $179,531,578 | $73,016,013 |
Central Valley Electric Cooperative Inc Artesia, NM | $226,227,506 | $68,455,177 |
Lower Valley Energy Inc Afton, WY | $312,114,980 | $67,991,433 |
Continental Divide Electric Cooperative Inc Grants, NM | $145,895,673 | $62,421,523 |