Cottonwood Rural Water Co-Operative

Organization Overview

Cottonwood Rural Water Co-Operative is located in Artesia, NM. The organization was established in 1988. 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 12/2020, Cottonwood Rural Water Co-Operative employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cottonwood Rural Water Co-Operative 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 12/2020, Cottonwood Rural Water Co-Operative generated $568.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $670.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

COOPERATIVE WATER SALES AND SERVICE TO RURAL WATER CUSTOMERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

COOPERATIVE WATER SALES AND SERVICE TO RURAL WATER CUSTOMERS


COOPERATIVE WATER SALES AND SERVICE TO RURAL WATER CUSTOMERS


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Board, Officers & Key Employees

Name (title)Compensation
Jack Callaway
President
$0
Ross Horner
Director
$0
Vance Riggs
Secretary/tr
$0
George Sanchez
Director
$0
Jim Townsend
Vice Preside
$0

Financial Statements

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$543,636
Investment income $11,633
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 $568,641

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