New Mexico Ground Water Association -Nmgwa is located in Mesilla Park, NM. The organization was established in 1977. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Ground Water Association -Nmgwa is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, New Mexico Ground Water Association -Nmgwa generated $78.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $100.7k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO ASSIST, PROMOTE, ENCOURAGE, AND SUPPORT THE INTEREST AND WELFARE OF THE WATER WELL INDUSTRY IN NEW MEXICO BY PROMOTING SCIENTIFIC EDUCATION, STANDARDS, RESEARCH, AND TECHNIQUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chance Coats President | 0 | $0 | |
Joel Stewart Vice President | 0 | $0 | |
Joseph Villanueva Secretary | 0 | $0 | |
Marvin Magee Director | 0 | $0 | |
Casey Adams Director | 0 | $0 | |
Sherry Marin Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $55,735 |
Membership dues | $22,882 |
Investment income | $16 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $78,633 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $23,849 |
Occupancy, rent, utilities, and maintenance | $13,318 |
Printing, publications, postage, and shipping | $1,377 |
Other expenses | $40,237 |
Total expenses | $100,656 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $140,074 |
Other assets | $0 |
Total assets | $140,074 |
Total liabilities | $0 |
Net assets or fund balances | $140,074 |