Cedar Creek Water Cooperative
- Assets
- $319.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Placitas, NM
- Founding
- 08/2008
- Data as of
- 12/2023
- EIN
- 85-0385473
Organization Overview
Cedar Creek Water Cooperative is located in Placitas, NM. The organization was established in 2008. 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. Cedar Creek Water Cooperative 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 12/2023, Cedar Creek Water Cooperative generated $68.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $42.9k during the year ending 12/2023. 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
THE COOPERATIVE PROVIDED WATER SERVICES TO 56 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Griego President | 1 | $0 | |
Robert Landers Vice President | 1 | $0 | |
Cheryl Betterly Secretary | 1 | $0 | |
George Koinis Treasurer | 1 | $0 | |
Leon Whitaker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $68,590 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,602 |
| 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 | $8,441 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,427 |
| Total expenses | $42,868 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,486 |
| Other assets | $0 |
| Total assets | $319,247 |
| Total liabilities | $30,040 |
| Net assets or fund balances | $289,207 |