Penasco Mutual Domestic Water Consumers Association

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

EIN: 900245249 ✦ Penasco, NM ✦ Designated as a 501(c)(12)

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Overview

What is Penasco Mutual Domestic Water Consumers Association?

Penasco Mutual Domestic Water Consumers Association is a nonprofit organization situated in Penasco, Taos County, New Mexico. Its primary purpose is to operate and maintain a public water system, ensuring the provision of safe and reliable water to the village and its 245 members. The association strives to serve its community in a regionally unified manner, considering future needs. This commitment to its members involves operating a public water system that delivers water in a manner that balances current demands with future requirements, ultimately benefiting the community of Penasco, New Mexico.

Is Penasco Mutual Domestic Water Consumers Association legitimate?

Penasco Mutual Domestic Water Consumers Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Penasco Mutual Domestic Water Consumers Association 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: $0

For more financial information, click here

What is the mission statement of Penasco Mutual Domestic Water Consumers Association?

The Penasco Mutual Domestic Water Consumers Association's mission is centered around operating a public water system that ensures the provision of safe and reliable water. This is done in a manner that is regionally unified and considers future needs, benefiting its 245 members. The association strives to develop and operate this system in a way that is conducive to the collective benefit of its members, demonstrating a forward-thinking approach to water supply and provision.

Who is the CEO of Penasco Mutual Domestic Water Consumers Association?

Esteban Lopez is the President of Penasco Mutual Domestic Water Consumers Association.

What is the revenue of Penasco Mutual Domestic Water Consumers Association?

Penasco Mutual Domestic Water Consumers Association's revenue in 2022 was $112,799.

Who are the executives of Penasco Mutual Domestic Water Consumers Association and what are their salaries?


Here are 5 key members and their salaries:


Esteban Lopez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Roybal (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabian Vigil (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Abeyta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alonzo Visarrage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Penasco Mutual Domestic Water Consumers Association?

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

Mission Statement of Penasco Mutual Domestic Water Consumers Association

Penasco Mutual Domestic Water Consumers Association is committed to operating a public water system that ensures the provision of safe and reliable water to its 245 members in a manner that is regionally unified and considers future needs. The association's mission is to develop and manage this water system in a manner that benefits its members in Penasco, Taos County, New Mexico. By operating and maintaining this public water system, Penasco Mutual Domestic Water Consumers Association strives to provide its community with a dependable water supply that meets their current and future needs in a unified and forward-thinking manner.

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Impact




October, 2024

Penasco Mutual Domestic Water Consumers Association operates a public water system that is vital for the community of Penasco in Taos County, New Mexico. Serving 245 members, the association ensures access to safe and reliable water, which is essential for health, sanitation, and overall quality of life.

By maintaining and managing this system, the association not only provides immediate benefits to its members but also fosters a sense of regional unity. Its commitment to planning for future needs underscores its proactive approach to sustainable resource management, ensuring that the water supply remains secure and effective as community demands evolve over time. This focus on both current and future water needs bolsters the resilience of the village, supporting its growth and wellbeing.




This information is meant to be a general summary of Penasco Mutual Domestic Water Consumers Association. 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
$112,799 (2022)
Expenses
$166,986 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $102
  • Program Service Revenue: $112,697
  • Gross Receipts: $112,799

Assets and Liabilities:

  • Total Assets: $899,501
  • Total Liabilities: $232,226
  • Net Assets: $667,275

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Programs

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

WATER SALES

Revenue

$112,697

Organization Details

Founding Year

1952

Principal Officer

Esteban Lopez

Main Address

PO BOX 308, PENASCO, NM, 875530308

NTEE Category

Code: Y22 - Mutual benefit

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