Blanco Mutual Domestic Water

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850212692 ✦ Blanco, NM ✦ Designated as a 501(c)(12)

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Overview

What is Blanco Mutual Domestic Water?

Blanco Mutual Domestic Water is a community-based organization, functioning as a public utilities entity, situated in Blanco, New Mexico. Their primary mission is to supply treated drinking water to their members, ensuring a reliable water source for their daily needs. As a nonprofit, they cater to their community's water requirements, operating as a vital resource in the region.

Is Blanco Mutual Domestic Water legitimate?

Blanco Mutual Domestic Water is a legitimate nonprofit organization registered as a 501(c)(12) entity. Blanco Mutual Domestic Water submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $159,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,807

For more financial information, click here

What is the mission statement of Blanco Mutual Domestic Water?

Blanco Mutual Domestic Water, functioning as a public utilities organization, is dedicated to providing its members with treated drinking water. As part of its mission, it ensures the availability of clean and safe water, meeting the hydration needs of its constituents. By serving as a reliable water provider, Blanco Mutual Domestic Water contributes to the health and well-being of its members, making clean water a fundamental aspect of their daily lives. The organization's mission is centered around ensuring the delivery of treated drinking water, thereby maintaining its role as a vital service provider.

Who is the CEO of Blanco Mutual Domestic Water?

Larry Martinez is the President of Blanco Mutual Domestic Water.

What is the revenue of Blanco Mutual Domestic Water?

Blanco Mutual Domestic Water's revenue in 2022 was $389,466.

Who are the executives of Blanco Mutual Domestic Water and what are their salaries?

The average compensation at Blanco Mutual Domestic Water during 2022 was $21,289. There are 8 employees at Blanco Mutual Domestic Water.


Here are 2 key members and their salaries:


Donald Archuleta (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Martinez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Blanco Mutual Domestic Water?

Blanco Mutual Domestic Water's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Blanco Mutual Domestic Water

Blanco Mutual Domestic Water, as a public utilities organization, is dedicated to providing treated drinking water to its members. This nonprofit organization's mission is centered around ensuring that its members have access to clean, safe water for their daily needs. By functioning as a provider of treated drinking water, Blanco Mutual Domestic Water plays a crucial role in maintaining the health and well-being of its community.

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Impact




October, 2024

Blanco Mutual Domestic Water significantly impacts its community by ensuring access to treated drinking water for its members in Blanco, NM. As a public utilities organization, it plays a crucial role in promoting public health and safety, providing a vital resource that supports daily living and contributes to the overall well-being of residents. The availability of clean drinking water fosters better hygiene, nutrition, and quality of life, while also enabling economic activities that depend on reliable water access. The organization’s commitment to delivering this essential service underlines its importance in the community, highlighting the role of clean water in sustaining both individual health and broader community development.




This information is meant to be a general summary of Blanco Mutual Domestic Water. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$389,466 (2022)
Expenses
$533,007 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $389,466
  • Gross Receipts: $389,466

Assets and Liabilities:

  • Total Assets: $851,061
  • Total Liabilities: $0
  • Net Assets: $851,061

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WATER SALES

Revenue

$389,466

Organization Details

Founding Year

1992

Principal Officer

Larry Martinez

Main Address

PO BOX 477, BLANCO, NM, 87412

NTEE Category

Code: W80 - Public benefit

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