Utah Lake Distributing Company

EIN: 870219727

Orem, UT

Total Revenue
$656,722
Total Expenses
$587,130
Total Assets
$3,475,111
Net Assets
$2,946,517
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
UT
Principal Officer
Greg Allred
Phone
8012256746
Tax Period
2025-01-01 to 2025-12-31

Utah Lake Distributing Company, founded in 1911, is a small nonprofit that reported $657K in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $587K left a modest 11% surplus.

Mission

The Company is responsible for the delivery of irrigation water to its stockholders. The Company is also responsible for the maintenance of the canals used for irrigation water delivery by assessing its stockholders the anticipated costs of its operations and maintenance.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $584,879
Investment Income $71,843
Other Revenue $0
TOTAL REVENUE $656,722

Expense Breakdown

Grants Paid $0
Salaries & Benefits $171,457
Fundraising Expenses $0
Program Expenses $587,130
Other Expenses $415,673
TOTAL EXPENSES $587,130

Year-over-Year Comparison

2025 2024 Change
Revenue $656,722 $605,526 +0.1%
Expenses $587,130 $377,644 +0.6%
Net Income $69,592 $227,882 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
1
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$68,800
Total Directors
7
$21,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ana Paz Vice President 1.00
Director
$1,800 $0 $1,800
Jeremy Lapin Board Member 1.00
Director
$1,200 $0 $1,200
Aaron Weight Board Member 1.00
Director
$300 $0 $300
Gene Wright Board Member 1.00
Director
$1,200 $0 $1,200
Wade Tuft Board Member 1.00
Director
$0 $0 $0
Greg Allred President 1.00
Officer Director
$15,600 $0 $15,600
Chris Weight Board Member 1.00
Director
$900 $0 $900
Tamara Shafer Secretary 5.00
Officer
$53,200 $0 $53,200
Jaden Shafer Treasurer 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $656,722 $587,130 $3,475,111 $69,592
2024 $605,526 $377,644 $3,136,909 $227,882
2023 $562,261 $396,000 $2,806,441 $166,261
2022 $410,132 $322,686 $2,574,009 $87,446
2021 $362,827 $206,496 $2,517,098 $156,331
2019 $335,682 $200,336 $2,221,867 $135,346
2018 $340,020 $167,057 $2,092,313 $172,963
Explore More Nonprofits
Top 100 Nonprofits in Utah Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Utah Lake Distributing Company with other nonprofits in Utah and across the country.