Pinos Altos Mutual Domestic Water Comsumers Association is located in Silver City, NM. The organization was established in 1991. 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. Pinos Altos Mutual Domestic Water Comsumers Association 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, Pinos Altos Mutual Domestic Water Comsumers Association generated $71.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $86.0k during the year ending 12/2023. While expenses have increased by 17.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
WATER WAS PROVIDED TO THE RESIDENTS OF THE VILLAGE OF PINOS ALTOS, NEW MEXICO.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Gedgaudas President | 8 | $300 | |
Allen Phillips Vice President | 10 | $340 | |
Gary Geisler Secretary | 8 | $300 | |
Rebecca Dinwiddie Treasurer | 8 | $300 | |
Gabriel Preusch Member | 4 | $300 | |
Alma Wilson Treasurer | 4 | $75 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,739 |
| Investment income | $1,253 |
| Gain or Loss | $51,806 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $100 |
| Total Revenue | $71,898 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,815 |
| Professional fees and other payments to independent contractors | $114 |
| Occupancy, rent, utilities, and maintenance | $27,619 |
| Printing, publications, postage, and shipping | $5,531 |
| Other expenses | $31,950 |
| Total expenses | $86,029 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $224,861 |
| Other assets | $0 |
| Total assets | $277,602 |
| Total liabilities | $1,871 |
| Net assets or fund balances | $275,731 |