Valley Estates Mutual Water And Sewer Association Inc is located in Espanola, NM. The organization was established in 2015. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Estates Mutual Water And Sewer 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 12/2022, Valley Estates Mutual Water And Sewer Association Inc generated $38.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $55.3k during the year ending 12/2022. 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
NO GRANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Lou Apodaca President | 8 | $0 | |
Carmen Quintana Secretary | 8 | $4,000 | |
Andrew Medina Meter Reader | 8 | $2,150 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $38,081 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $38,081 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $6,150 |
Professional fees and other payments to independent contractors | $6,008 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $43,153 |
Total expenses | $55,311 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,552 |
Other assets | $0 |
Total assets | $233,983 |
Total liabilities | $107,768 |
Net assets or fund balances | $126,215 |