Rosedale Mutual Domestic Water Consumers Association Inc
- Assets
- $286.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver City, NM
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 85-0384973
Organization Overview
Rosedale Mutual Domestic Water Consumers Association Inc is located in Silver City, NM. The organization was established in 2006. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, 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. Rosedale Mutual Domestic Water Consumers 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, Rosedale Mutual Domestic Water Consumers Association Inc generated $79.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $92.3k 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
THE ASSOC. PROVIDES PURCHASED WATER TO ITS 150 MEMBERS OUTSIDE CITYLIMITS. WATER DELIVERY SYSTEM INSTALLED TO PROVIDE WATER IN LIEU OFDRILLING PERSONAL WELLS. ASSOCIATION MAINTAINS THE SYSTEMS AND RESELLS THE WATER TO ITS USERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfredo Correa President | 4 | $0 | |
Lynn Jane Vice President And Secretary | 2 | $0 | |
Johnny Poe Board Memeber | 2 | $0 | |
Bill French Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,142 |
| Investment income | $334 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,997 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,491 |
| Professional fees and other payments to independent contractors | $8,209 |
| Occupancy, rent, utilities, and maintenance | $4,135 |
| Printing, publications, postage, and shipping | $1,515 |
| Other expenses | $45,937 |
| Total expenses | $92,287 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $250,530 |
| Other assets | $0 |
| Total assets | $286,293 |
| Total liabilities | $1,539 |
| Net assets or fund balances | $284,754 |