Lee Acres Water Users Cooperative Association Inc

Organization Overview

Lee Acres Water Users Cooperative Association Inc is located in Bloomfield, NM. The organization was established in 1987. 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, Lee Acres Water Users Cooperative Association Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lee Acres Water Users Cooperative Association Inc 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, Lee Acres Water Users Cooperative Association Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 13.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WATER DISTRIBUTION

Describe the Organization's Program Activity:

Part 3 - Line 4a

WATER DISTRIBUTION


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Board, Officers & Key Employees

Name (title)Compensation
Tye Bell
Vice Preside
$0
Carol Cloer
Secretary/tr
$0
Barbara Kiipper
President
$0
Teresa Garcia
Director
$0
Larry Groen
Director
$0
Mark Lepich
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $57,600
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$57,600
Total Program Service Revenue$1,432,163
Investment income $1,089
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $99,974
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,590,826

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