2024-06-25T14:14:47-05:00 2023-12-31 450250958 EIDE BAILLY LLP 5 TRIAD CENTER STE 600 SALT LAKE CITY UT 841801106 990 2023-01-01 870215969 DRAPER IRRIGATION COMPANY DRAP 8015712232 12421 SOUTH 800 EAST PO BOX 156 DRAPER UT 84020 DARRIN L JENSEN CEO 8015712232 2024-06-25 1 DARRIN JENSEN 999009999 1 KYLE FRITCH CPA P01313374 8015322200 2024-06-25 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z DARRIN L JENSEN 12421 SOUTH 800 EAST PO BOX 156 DRAPER UT 84020 8719136 0 X N/A X 1888 UT MUTUAL DITCH OR IRRIGATION COMPANY 7 7 0 0 0 0 75000 30230 8199300 8640168 46374 0 120314 48738 8440988 8719136 0 0 0 0 2320580 2442220 0 0 0 5853388 5684966 8173968 8127186 267020 591950 75859095 75947153 6600288 6125222 69258807 69821931 MUTUAL DITCH OR IRRIGATION COMPANY 0 0 TO PROVIDE CULINARY AND IRRIGATION WATER TO SHAREHOLDERS 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 8627587 78968 0 0 0 X 7 7 1 1 0 0 1 0 1 1 1 0 0 0 1 1 1 1 1 0 0 0 UT X X DARRIN JENSEN 8015712232 12421 S 800 E DRAPER UT 84020 GEORGE GREENWOOD PRESIDENT 1.00 0.50 X X 0 4400 0 DALE SMITH VICE PRESIDENT 2.00 0.50 X X 0 4400 0 GREG MATIS SECRETARY 1.00 0.50 X X 0 4400 0 KENT WARE DIRECTOR 1.00 X 0 4400 0 RYAN DAW DIRECTOR 1.00 X 0 4400 0 STEPHEN TRIPP DIRECTOR 1.00 X 0 4400 0 THOMAS WARD DIRECTOR 1.00 X 0 4400 0 DARRIN L JENSEN-PETERSON CEO 1.00 50.00 X 0 233019 36378 JERRY NIELSON DIRECTOR SYSTEM & OPERATIONS 1.00 50.00 X 0 146253 33105 STEVE CUNNINGHAM ASSISTANT GENERAL MANAGER 1.00 50.00 X 0 149599 33334 NOLAN WOOTTON DIRECTOR DEVELOPMENT & MAINTENANCE 1.00 50.00 X 0 130496 32382 0 690167 135199 0 0 1 0 0 30230 30230 WATER SALES 221000 8285440 8285440 CONNECTION/METER FEES 221000 264139 264139 CONTRIBUTED WATER DIST 221000 61319 61319 SYSTEM BUY IN FEE 221000 21870 21870 PROCESSING FEE 221000 7400 7400 8640168 OTHER INCOME 900099 48738 48738 48738 8719136 8688906 0 0 1602842 839378 399660 65914 68518 2362485 CULINARY WATER EXPENSE 977169 REPAIRS/MAINTENANCE EXP 711625 OPERATIONAL EXPENSE 529596 IRRIGATION WATER EXPENS 270479 299520 8127186 2127 2127 475369 435607 107300063 37530248 70095778 69769815 738100 738100 4547721 5001504 75859095 75947153 65486 101835 6269022 6000673 265780 22714 6600288 6125222 X -1207361 -1236187 591651 591651 69874517 70466467 69258807 69821931 75859095 75947153 X 591950 -28826 X 0 1 X 1 0 80000 80000 107220063 37530248 69689815 69769815 WATER RIGHTS 1932609 UTAH LAKE WATER USERS 1526149 NYL INSURANCE POLICY 715971 INVESTMENT IN WATERPRO 408582 INTERCOMPANY 418193 5001504 BWR LOAN ACCRUED INTEREST 22714 22714 X PART X, LINE 2: THE COMPANY EVALUATES ITS TAX POSITIONS THAT HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN ON INCOME TAX RETURNS TO DETERMINE IF AN ACCRUAL IS NECESSARY FOR UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31, 2023 AND 2022, THE UNRECOGNIZED TAX BENEFITS ACCRUAL WAS ZERO. THE COMPANY WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. X X 0 0 0 DARRIN L JENSEN-PETERSON CEO 0 203019 0 30000 0 0 0 10145 0 26233 0 269397 0 0 STEVE CUNNINGHAM ASSISTANT GENERAL MANAGER 0 139599 0 10000 0 0 0 7111 0 26223 0 182933 0 0 JERRY NIELSON DIRECTOR SYSTEM & OPERATIONS 0 137753 0 8500 0 0 0 6882 0 26223 0 179358 0 0 NOLAN WOOTTON DIRECTOR DEVELOPMENT & MAINTENANCE 0 121996 0 8500 0 0 0 6159 0 26223 0 162878 0 0 PART I, LINE 3 THE ORGANIZATION RELIED ON A RELATED ORGANIZATION THAT USED ONE OR MORE OF THESE METHODS TO ESTABLISH THE COMPENSATION OF OFFICERS. FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT, VICE PRESIDENT, CEO, AND SECERTARY ARE OFFICERS OF WATER PRO, INC., A RELATED ORGANIZATION. THEREFORE, BUSINESS RELATIONSHIPS EXIST BETWEEN THESE INDIVIDUALS. FORM 990, PART VI, SECTION A, LINE 3 WATERPRO, INC., A WHOLLY OWNED SUBSIDIARY OF DRAPER IRRIGATION, MANAGES THE OPERATIONS OF DRAPER IRRIGATION. FORM 990, PART VI, SECTION A, LINE 6 SHAREHOLDERS FORM 990, PART VI, SECTION A, LINE 7B SHAREHOLDERS FORM 990, PART VI, SECTION B, LINE 11B THE CEO REVIEW AND SIGNS THE 990 FORM 990, PART VI, SECTION B, LINE 12C A REVIEW IS COMPLETED ON ALL ITEMS IN QUESTION BY THE CEO AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT SHAREHOLDERS MEETINGS AND ANYTIME A SHAREHOLDER SENDS A WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CAPITAL CONTRIBUTION 2,800. CHANGES IN TREASURY STOCK RECEIVABLE 6,877. TREASURY STOCK PURCHASE -67,200. TREASURY STOCK REISSUED 28,697. WATER PRO INCORPORATED 12421 SOUTH 800 EAST PO BOX 156 DRAPER UT 84020 870572672 MANAGEMENT UT DRAPER IRRIGATION C 4388194 4116198 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 WATER PRO INCORPORATED K 131385 ALLOCATED WATER PRO INCORPORATED O 2479417 ALLOCATED WATER PRO INCORPORATED P 2950551 ALLOCATED