Overview
What is Placitas Trails Water Cooperative?
Placitas Trails Water Cooperative is a community-focused organization situated in an unspecified location. Its primary function is to construct, maintain, and operate a water system, ensuring a reliable domestic water supply for its members and the lands they own. This cooperative serves the Placitas Trails subdivision, providing residents with a comprehensive water system essential for their daily needs. By doing so, Placitas Trails Water Cooperative plays a significant role in ensuring the community's water security.
Is Placitas Trails Water Cooperative legitimate?
Placitas Trails Water Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Placitas Trails Water Cooperative 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:
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What is the mission statement of Placitas Trails Water Cooperative?
The Placitas Trails Water Cooperative is dedicated to constructing, maintaining, and operating a water system. This system supplies domestic water to its members and the lands associated with them. By doing so, the cooperative ensures a reliable residential water supply for the residents of the Placitas Trails subdivision. Its primary goal is to provide a functioning water system, ensuring the basic necessity of water for its members. The cooperative plays a crucial role in ensuring a sustainable and reliable water supply within its community.
Who is the CEO of Placitas Trails Water Cooperative?
Sylvia Lake is the Treasurer of Placitas Trails Water Cooperative.
What is the revenue of Placitas Trails Water Cooperative?
Placitas Trails Water Cooperative's revenue in 2022 was $150,858.
Who are the executives of Placitas Trails Water Cooperative and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Placitas Trails Water Cooperative?
Placitas Trails Water Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Placitas Trails Water Cooperative
Placitas Trails Water Cooperative is committed to constructing, maintaining, and operating a water system that caters to the domestic water needs of its members and the lands associated with them. This nonprofit organization provides an essential water system and residential water supply for the residents of the Placitas Trails subdivision, ensuring a reliable source of water for daily use. By taking on this mission, Placitas Trails Water Cooperative plays a vital role in ensuring the well-being and comfort of its members, contributing to a better quality of life in their community.
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Impact
October, 2024
Placitas Trails Water Cooperative provides essential infrastructure for the residents of the Placitas Trails subdivision by constructing, maintaining, and operating a reliable water system. This cooperative ensures a consistent domestic water supply, significantly enhancing the quality of life for its members and promoting sustainability within the community. By managing water resources effectively, it supports the health and well-being of residents, contributing to the overall attractiveness and livability of the area. The cooperative exemplifies mutual benefit, fostering a sense of community and collaboration among its members while addressing a critical need for accessible water.
This information is meant to be a general summary of Placitas Trails Water Cooperative. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $74
- Program Service Revenue: $150,784
- Gross Receipts: $150,858
Assets and Liabilities:
- Total Assets: $1,136,838
- Total Liabilities: $5,691
- Net Assets: $1,131,147
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER USAGE FEES
Revenue
$117,034
ARSENIC FUND ASSESSMENT
Revenue
$33,750
Organization Details
Founding Year
1985
Phone
(505) 867-9485Principal Officer
Sylvia Lake
Main Address
04 DUSTY TRAILS DRIVE, PLACITAS, NM, 87043
NTEE Category
Code: Y22 - Mutual benefit
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