Cloud County West Unit One Property Owners Association is located in Cloudcroft, NM. The organization was established in 1982. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cloud County West Unit One Property Owners 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 05/2022, Cloud County West Unit One Property Owners Association generated $70.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $59.8k during the year ending 05/2022. While expenses have increased by 4.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RURAL WATER SYSTEM OPERATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robin Faux Secretary | 20 | $11,550 | |
Don Pengelly Director | 14 | $0 | |
Shelby Gonzales Director | 1 | $0 | |
Melinda Pengelly Treasurer | 2 | $0 | |
Vernon Crossley Director | 1 | $0 | |
Butch Beardsley President | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $70,121 |
Membership dues | $0 |
Investment income | $120 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,241 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $11,550 |
Professional fees and other payments to independent contractors | $8,263 |
Occupancy, rent, utilities, and maintenance | $3,815 |
Printing, publications, postage, and shipping | $549 |
Other expenses | $35,597 |
Total expenses | $59,774 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $175,128 |
Other assets | $0 |
Total assets | $213,199 |
Total liabilities | $258 |
Net assets or fund balances | $212,941 |
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