Roosevelt County Water Cooperative Inc

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

EIN: 850217679 ✦ Portales, NM ✦ Designated as a 501(c)(12)

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Overview

What is Roosevelt County Water Cooperative Inc?

Roosevelt County Water Cooperative Inc is a nonprofit organization situated in Portales, New Mexico, specifically at 1700 S AVE D. Their primary mission is to provide essential water and service to the residents of Roosevelt County who reside outside the city limits of Portales. With a dedicated workforce of six individuals, the cooperative is committed to ensuring access to water and related services in this rural area.

Is Roosevelt County Water Cooperative Inc legitimate?

Roosevelt County Water Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Roosevelt County Water Cooperative Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,492

For more financial information, click here

What is the mission statement of Roosevelt County Water Cooperative Inc?

The Roosevelt County Water Cooperative Inc's mission is centered around providing essential water and related services to the residents living outside the city limits of Portales, New Mexico, situated within Roosevelt County. The cooperative operates with the goal of ensuring these residents have reliable access to water and associated services, contributing to their overall well-being. While the exact scope of services offered may not be specified in the provided data, it can be inferred that the cooperative aims to improve the quality of life for the rural population in its jurisdiction.

Who is the CEO of Roosevelt County Water Cooperative Inc?

Ryan Craig is the President of Roosevelt County Water Cooperative Inc.

What is the revenue of Roosevelt County Water Cooperative Inc?

Roosevelt County Water Cooperative Inc's revenue in 2022 was $1,582,519.

Who are the executives of Roosevelt County Water Cooperative Inc and what are their salaries?

The average compensation at Roosevelt County Water Cooperative Inc during 2022 was $38,415. There are 6 employees at Roosevelt County Water Cooperative Inc.


Here are 5 key members and their salaries:


Kendall Terry (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Levacy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dickie Massey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Craig (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Rector (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roosevelt County Water Cooperative Inc?

Roosevelt County Water Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Roosevelt County Water Cooperative Inc

Roosevelt County Water Cooperative Inc, as its mission statement suggests, is dedicated to providing water and essential services to the residents of Roosevelt County who reside outside the city limits of Portales, New Mexico. The cooperative's primary objective is to ensure that these residents have reliable access to clean water, an essential necessity for daily life. The cooperative's activities are focused on meeting the unique water needs of this community, thereby enhancing their quality of life.

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Impact




October, 2024

Roosevelt County Water Cooperative Inc plays a crucial role in enhancing the quality of life for residents living outside the city of Portales, New Mexico. By providing reliable water services, the cooperative ensures that these communities have access to essential resources necessary for daily living, agriculture, and local development.

The cooperative's mission centers on delivering safe and consistent water service, which is vital in a region where water scarcity can be a concern. This service not only supports the health and well-being of residents but also fosters economic growth by enabling agricultural activities and attracting new families and businesses to the area.

Through its operations, Roosevelt County Water Cooperative Inc contributes to the overall sustainability and resilience of rural communities, ensuring that residents enjoy the same quality of water service as those in urban areas. This commitment to public benefit significantly impacts the quality of life and community cohesion in Roosevelt County.




This information is meant to be a general summary of Roosevelt County Water Cooperative Inc. 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
$1,582,519 (2022)
Expenses
$1,442,095 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,767
  • Program Service Revenue: $1,567,627
  • Gross Receipts: $1,582,519

Assets and Liabilities:

  • Total Assets: $2,548,056
  • Total Liabilities: $217,129
  • Net Assets: $2,330,927

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Programs

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

WATER SALES AND SERVICE

Revenue

$1,567,627

Organization Details

Founding Year

1973

Principal Officer

Ryan Craig

Main Address

1700 S AVE D, Portales, NM, 88130

NTEE Category

Code: W80 - Public benefit

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