Southside Mutual Domestic Water Association is located in Aztec, NM. The organization was established in 2007. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Southside Mutual Domestic Water Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southside Mutual Domestic Water Association 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, Southside Mutual Domestic Water Association generated $350.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $328.6k during the year ending 12/2021. 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
PROVIDE TREATED WATER TO MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TREATED WATER TO MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Coy Director | Trustee | 2 | $1,910 |
April Munkres Treasure/sec | OfficerTrustee | 2 | $1,820 |
Ray Prda President | Officer | 2 | $1,820 |
Carol Jameson Director | Trustee | 2 | $1,820 |
Roy Pike Jr Director | Trustee | $1,125 |
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 | $348,167 |
Investment income | $1,838 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $350,005 |
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. | $8,590 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $99,610 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,773 |
Fees for services: Management | $0 |
Fees for services: Legal | $511 |
Fees for services: Accounting | $11,248 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $134,795 |
Advertising and promotion | $215 |
Office expenses | $7,362 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,586 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $6,730 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $21,401 |
Insurance | $22,739 |
All other expenses | $0 |
Total functional expenses | $328,560 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $32,924 |
Savings and temporary cash investments | $273,164 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $34,951 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $97 |
Net Land, buildings, and equipment | $423,382 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $220,973 |
Total assets | $985,491 |
Accounts payable and accrued expenses | $6,317 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $217,169 |
Other liabilities | $2,464 |
Total liabilities | $225,950 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $759,541 |
Total liabilities and net assets/fund balances | $985,491 |
Organization Name | Assets | Revenue |
---|---|---|
Brazos Sandy Creek Electric Cooperative Inc Houston, TX | $476,133,566 | $90,167,263 |
Heart Of Texas Electric Cooperative Inc Mcgregor, TX | $108,808,693 | $50,473,996 |
Orangefield Water Supply Corporation Orangefield, TX | $25,738,476 | $3,318,279 |
Creedmoor-Maha Water Supply Co-Op Inc Buda, TX | $19,735,495 | $4,359,702 |
Blackland Water Supply Corp Fate, TX | $4,691,303 | $2,323,752 |
Pine Meadow Mutual Water Company South Jordan, UT | $4,406,789 | $974,166 |
Elmo Water Supply Corporation Elmo, TX | $2,119,290 | $882,080 |
Logan Well Users Inc Sterling, CO | $1,034,878 | $1,191,850 |
Brushy Creek Water Supply Corp Montalba, TX | $2,997,097 | $1,042,438 |
Eastern Cass Water Supply Corporation Bivins, TX | $4,445,285 | $567,658 |
Utah Lake Water Users Association Inc Salt Lake City, UT | $13,896,223 | $719,672 |
Oquirrh Mountain Water Company North Salt Lake, UT | $10,266,390 | $445,867 |