Rio Lucio Domestic Water Consumers
- Assets
- $259.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Penasco, NM
- Founding
- 02/1992
- Data as of
- 08/2022
- EIN
- 85-0372421
Organization Overview
Rio Lucio Domestic Water Consumers is located in Penasco, NM. The organization was established in 1992. 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. Rio Lucio Domestic Water Consumers 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 08/2022, Rio Lucio Domestic Water Consumers generated $58.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $61.4k during the year ending 08/2022. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clyde Gurule President | 2 | $0 | |
Joe Gurule Vice Pres | 1 | $0 | |
Franklin Fernandez Sec | 2 | $0 | |
Eileen Vigil Treasuer | 4 | $0 | |
Wilford Aguilar Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $56,614 |
| Investment income | $1,912 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,526 |
| 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 | $11,733 |
| Occupancy, rent, utilities, and maintenance | $41,699 |
| Printing, publications, postage, and shipping | $566 |
| Other expenses | $7,385 |
| Total expenses | $61,383 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $218,580 |
| Other assets | $0 |
| Total assets | $259,366 |
| Total liabilities | $0 |
| Net assets or fund balances | $259,366 |