Morningside Water Users Co-Operative
- Assets
- $170.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Artesia, NM
- Founding
- 04/1988
- Data as of
- 12/2021
- EIN
- 85-0234009
Organization Overview
Morningside Water Users 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morningside Water Users 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 12/2021, Morningside Water Users Co-Operative generated $85.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $84.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED WATER AND SEWER SERVICES TO 153 COOPERATIVE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Nayares President | 5 | $0 | |
Laurie Hamilton Secretary | 1 | $0 | |
Lucila Herrera Director | 1 | $0 | |
Luis Chavez Jr Vice President | 1 | $0 | |
Cecilia Nayares Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,522 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,522 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,689 |
| Professional fees and other payments to independent contractors | $14,641 |
| Occupancy, rent, utilities, and maintenance | $437 |
| Printing, publications, postage, and shipping | $80 |
| Other expenses | $67,337 |
| Total expenses | $84,184 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,046 |
| Other assets | $0 |
| Total assets | $170,925 |
| Total liabilities | $2,472 |
| Net assets or fund balances | $168,453 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sierra Electric Cooperative Inc Elephant Butte, NM | $28,287,663 | $9,920,270 |
Utility Notification Center Of Colorado Golden, CO | $14,541,234 | $10,059,276 |
Yuma County Water Users Association Yuma, AZ | $40,568,423 | $9,585,922 |
Kempner Water Supply Corporation Kempner, TX | $46,955,642 | $10,456,487 |
Manville Water Supply Corporation Coupland, TX | $109,988,444 | $18,573,259 |
Bethesda Water Supply Corporation Burleson, TX | $36,838,257 | $9,659,977 |
East Rio Hondo Water Supply Corporation Rio Hondo, TX | $63,118,538 | $9,151,947 |
Draper Irrigation Co Draper, UT | $74,945,255 | $9,511,212 |
Agc Of Texas Highway Heavy Utilities & Industrial Branch Austin, TX | $17,850,267 | $8,346,653 |
Provo River Water Users Assoc Pleasant Grove, UT | $250,006,171 | $5,531,616 |
Summit Water Distribution Company Park City, UT | $15,374,227 | $6,703,957 |
Sardis Lone Elm Water Supply Midlothian, TX | $34,981,504 | $8,597,033 |