Civic Intelligence

Placitas Trails Water Cooperative

EIN 85-0347624 • 501(c)12 • Placitas, NM

Profile

Construct, maintain and operate a water system supplying domestic water to its members and the lands of its members.

04 Dusty Trails DrivePlacitas, NM 87043

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.03x

Higher debt load relative to revenue than 63% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Net Margin

34th percentile

4.3%

Higher net margin than 34% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Asset Growth

26th percentile

0.4%

Faster asset growth than 26% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-2.0%

Faster revenue growth than 32% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$1,131,003

Up $4,121 (+0.4%) from 2023

Liabilities

Down

$3,255

Down $1,069 (-25%) from 2023

Net Assets

Up

$1,127,748

Up $5,190 (+0.5%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin34th percentile

Revenue

Down

$120,025

Down $2,486 (-2.0%) from 2023

Expenses

Down

$114,835

Down $16,265 (-12%) from 2023

Net Income

Up

$5,190

Up $13,779 (+160%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $562,498Liabilities 2011: $30,968Net Assets 2011: $531,5302011Assets 2012: $636,769Liabilities 2012: $28,136Net Assets 2012: $608,6332012Assets 2013: $1,144,384Liabilities 2013: $451,449Net Assets 2013: $692,9352013Assets 2015: $1,141,817Liabilities 2015: $388,774Net Assets 2015: $753,0432015Assets 2016: $1,115,644Liabilities 2016: $329,176Net Assets 2016: $786,4682016Assets 2017: $1,108,657Liabilities 2017: $266,689Net Assets 2017: $841,9682017Assets 2018: $1,114,484Liabilities 2018: $203,221Net Assets 2018: $911,2632018Assets 2019: $1,120,276Liabilities 2019: $137,806Net Assets 2019: $982,4702019Assets 2020: $1,102,610Liabilities 2020: $81,445Net Assets 2020: $1,021,1652020Assets 2021: $1,109,386Liabilities 2021: $10,442Net Assets 2021: $1,098,9442021Assets 2022: $1,136,838Liabilities 2022: $5,691Net Assets 2022: $1,131,1472022Assets 2023: $1,126,882Liabilities 2023: $4,324Net Assets 2023: $1,122,5582023Assets 2024: $1,131,003Liabilities 2024: $3,255Net Assets 2024: $1,127,7482024

Highlighted filing

2024

Assets$1,131,003
Liabilities$3,255
Net Assets$1,127,748
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $173,105Expenses 2011: $83,619Net Income 2011: $89,4862011Revenue 2012: $169,179Expenses 2012: $92,076Net Income 2012: $77,1032012Revenue 2013: $181,957Expenses 2013: $97,655Net Income 2013: $84,3022013Revenue 2015: $184,158Expenses 2015: $158,433Net Income 2015: $25,7252015Revenue 2016: $190,111Expenses 2016: $156,686Net Income 2016: $33,4252016Revenue 2017: $196,014Expenses 2017: $140,514Net Income 2017: $55,5002017Revenue 2018: $193,407Expenses 2018: $124,112Net Income 2018: $69,2952018Revenue 2019: $184,073Expenses 2019: $112,866Net Income 2019: $71,2072019Revenue 2020: $199,884Expenses 2020: $161,189Net Income 2020: $38,6952020Revenue 2021: $197,679Expenses 2021: $119,900Net Income 2021: $77,7792021Revenue 2022: $150,858Expenses 2022: $118,655Net Income 2022: $32,2032022Revenue 2023: $122,511Expenses 2023: $131,100Net Income 2023: -$8,5892023Revenue 2024: $120,025Expenses 2024: $114,835Net Income 2024: $5,1902024

Highlighted filing

2024

Revenue$120,025
Expenses$114,835
Net Income$5,190
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,131,003
Liabilities
$3,255
Net assets
$1,127,748
Revenue
$120,025
Expenses
$114,835
Net income
$5,190
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.12$0.11$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.12$0.12$0.13$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$0.15$0.12$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.11$0.01$1.10$0.20$0.12$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.08$1.02$0.20$0.16$0.04
2019Summary only. Only limited summary data is available for this year.$1.12$0.14$0.98$0.18$0.11$0.07
2018Summary only. Only limited summary data is available for this year.$1.11$0.20$0.91$0.19$0.12$0.07
2017Summary only. Only limited summary data is available for this year.$1.11$0.27$0.84$0.20$0.14$0.06
2016Summary only. Only limited summary data is available for this year.$1.12$0.33$0.79$0.19$0.16$0.03
2015Summary only. Only limited summary data is available for this year.$1.14$0.39$0.75$0.18$0.16$0.03
2013Summary only. Only limited summary data is available for this year.$1.14$0.45$0.69$0.18$0.10$0.08
2012Summary only. Only limited summary data is available for this year.$0.64$0.03$0.61$0.17$0.09$0.08
2011Summary only. Only limited summary data is available for this year.$0.56$0.03$0.53$0.17$0.08$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 12, 2025
Return Version
2023v6.0
Gross Receipts
$120,025
Mission and Program Overview

Mission

Construct, maintain and operate a water system supplying domestic water to its members and the lands of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$557,469$517,658▼ $39,811
Savings and Temporary Cash Investments$504,045$276,223▼ $227,822
Investments Other Securities-$264,127-
Intangible Assets$28,158$28,158→ $0
Cash and Non-Interest-Bearing Accounts$23,043$24,697▲ $1,654
Accounts Receivable$14,167$15,845▲ $1,678
Prepaid Expenses and Deferred Charges-$4,295-
Total Assets$1,126,882$1,131,003▲ $4,121
Liabilities
Deferred Revenue$3,711$1,778▼ $1,933
Accounts Payable and Accrued Expenses$613$1,477▲ $864
Total Liabilities$4,324$3,255▼ $1,069
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,122,558$1,127,748▲ $5,190
Total Net Assets Fund Balance$1,122,558$1,127,748▲ $5,190
Total Liabilities and Net Assets / Fund Balance$1,126,882$1,131,003▲ $4,121

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$517,658$728,449$1,246,107
Other Securities$264,127--
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Sylvia LakePresident
Daryl MashkeDirector
Wayne GaedeSecretary
David KilgusTreasurer
Randy HallVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$107,720
Investment Income
$12,305
Other Revenue
$0
Change in Net Assets
$5,190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$114,835
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$39,811
Fees for Services Management---$20,666
Insurance---$6,034
Office Expenses---$5,841
Fees for Services Accounting---$4,843
Fees for Services Legal---$1,048
Other Expenses---$272
Total Functional Expenses$0$0$0$114,835
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Membership in the water coop is provided to all lot owners within the boundaries of the defined water system. Membership is approved upon application by lot owners.”

Form 990, Page 6, Part VI, Line 7A

“Members of the governing body are elected by vote of members at the annual meeting of the water coop.”

Form 990, Page 6, Part VI, Line 11B

“A copy of the 990 is provided to the board for review prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Organization documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Placitas Trails Water Cooperative
EIN
85-0347624
Phone
5058679485
Address
04 DUSTY TRAILS DRIVE, PLACITAS, NM 87043

Signing Officer

Name
Sylvia Lake
Title
President
Phone
5052632457
Signed
2025-08-12

Organization Details

Principal Officer
Sylvia Lake
Formed
1985
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Loftis & Lovato Group
Address
5501 EAGLE ROCK AVE NE SUITE C-5, ALBUQUERQUE, NM 87113
Preparer
Alex Gurule
Phone
5052935009
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The cooperative is a qualified 501(c)(12) organization, which covers cooperative water associations whose revenues are derived from members and all of its operating income, including interest earned on operating funds, is exempt from both federal and new mexico income taxes. The cooperative files an internal revenue service form 990 - return for organization exempt from income tax. The current year tax return as well as prior year tax returns for the years ended september 30, 2023, 2022 and 2021 are subject to examination and adjustment by both the internal revenue service and the new mexico taxation and revenue department.”

Raw XML Appendix285 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0613
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01477
IRS990/AccountsReceivableGrp/BOYAmt014167
IRS990/AccountsReceivableGrp/EOYAmt015845
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CONSTRUCT, MAINTAIN AND OPERATE A WATER SYSTEM SUPPLYING DOMESTIC WATER TO ITS MEMBERS AND THE LANDS OF ITS MEMBERS.
IRS990/BooksInCareOfDetail/PersonNm0SENTRY MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum05053237600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07770 JEFFERSON ST NE
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE 102
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBUQUERQUE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087109
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt023043
IRS990/CashNonInterestBearingGrp/EOYAmt024697
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012305
IRS990/CYOtherExpensesAmt0114835
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0107720
IRS990/CYRevenuesLessExpensesAmt05190
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0114835
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0120025
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt03711
IRS990/DeferredRevenueGrp/EOYAmt01778
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt039811
IRS990/Desc0PROVIDE WATER SYSTEM AND RESIDENTIAL WATER SUPPLY TO RESIDENTS OF PLACITAS TRAILS SUBDIVISION.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt04843
IRS990/FeesForServicesLegalGrp/TotalAmt01048
IRS990/FeesForServicesManagementGrp/TotalAmt020666
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0WAYNE GAEDE
IRS990/Form990PartVIISectionAGrp/PersonNm1RANDY HALL
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID KILGUS
IRS990/Form990PartVIISectionAGrp/PersonNm3SYLVIA LAKE
IRS990/Form990PartVIISectionAGrp/PersonNm4DARYL MASHKE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0120025
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt06034
IRS990/IntangibleAssetsGrp/BOYAmt028158
IRS990/IntangibleAssetsGrp/EOYAmt028158
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt012305
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012305
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0264127
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0728449
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0557469
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0517658
IRS990/LandBldgEquipCostOrOtherBssAmt01246107
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0107720
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01122558
IRS990/NetAssetsOrFundBalancesEOYAmt01127748
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01122558
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01127748
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt05841
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OPERATIONS
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2MAINTENANCE
IRS990/OtherExpensesGrp/Desc3ARSENIC REMEDIATION OP
IRS990/OtherExpensesGrp/TotalAmt016924
IRS990/OtherExpensesGrp/TotalAmt114461
IRS990/OtherExpensesGrp/TotalAmt24935
IRS990/OtherExpensesGrp/TotalAmt3272
IRS990/OtherOrganizationDsc0COOPERATIVE
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04295
IRS990/PrincipalOfficerNm0SYLVIA LAKE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER USAGE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0107720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0107720
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt07296
IRS990/PYOtherExpensesAmt0131100
IRS990/PYProgramServiceRevenueAmt0115215
IRS990/PYRevenuesLessExpensesAmt0-8589
IRS990/PYTotalExpensesAmt0131100
IRS990/PYTotalRevenueAmt0122511
IRS990/ReconcilationRevenueExpnssAmt05190
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0504045
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0276223
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0517658
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0728449
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01246107
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0264127
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CD'S
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE IS A QUALIFIED 501(C)(12) ORGANIZATION, WHICH COVERS COOPERATIVE WATER ASSOCIATIONS WHOSE REVENUES ARE DERIVED FROM MEMBERS AND ALL OF ITS OPERATING INCOME, INCLUDING INTEREST EARNED ON OPERATING FUNDS, IS EXEMPT FROM BOTH FEDERAL AND NEW MEXICO INCOME TAXES. THE COOPERATIVE FILES AN INTERNAL REVENUE SERVICE FORM 990 - RETURN FOR ORGANIZATION EXEMPT FROM INCOME TAX. THE CURRENT YEAR TAX RETURN AS WELL AS PRIOR YEAR TAX RETURNS FOR THE YEARS ENDED SEPTEMBER 30, 2023, 2022 AND 2021 ARE SUBJECT TO EXAMINATION AND ADJUSTMENT BY BOTH THE INTERNAL REVENUE SERVICE AND THE NEW MEXICO TAXATION AND REVENUE DEPARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0517658
IRS990ScheduleD/TotalBookValueSecuritiesAmt0264127
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP IN THE WATER COOP IS PROVIDED TO ALL LOT OWNERS WITHIN THE BOUNDARIES OF THE DEFINED WATER SYSTEM. MEMBERSHIP IS APPROVED UPON APPLICATION BY LOT OWNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE GOVERNING BODY ARE ELECTED BY VOTE OF MEMBERS AT THE ANNUAL MEETING OF THE WATER COOP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01126882
IRS990/TotalAssetsEOYAmt01131003
IRS990/TotalAssetsGrp/BOYAmt01126882
IRS990/TotalAssetsGrp/EOYAmt01131003
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0114835
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04324
IRS990/TotalLiabilitiesEOYAmt03255
IRS990/TotalLiabilitiesGrp/BOYAmt04324
IRS990/TotalLiabilitiesGrp/EOYAmt03255
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01122558
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01127748
IRS990/TotalProgramServiceRevenueAmt0107720
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0120025
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0120025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01126882
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01131003
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt004 DUSTY TRAILS DRIVE
IRS990/USAddress/CityNm0PLACITAS
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087043
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SYLVIA LAKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05052632457
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLACITAS TRAILS WATER COOPERATIVE
ReturnHeader/Filer/BusinessNameControlTxt0PLAC
ReturnHeader/Filer/EIN0850347624
ReturnHeader/Filer/PhoneNum05058679485
ReturnHeader/Filer/USAddress/AddressLine1Txt004 DUSTY TRAILS DRIVE
ReturnHeader/Filer/USAddress/CityNm0PLACITAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087043
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0843463346
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOFTIS & LOVATO GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05501 EAGLE ROCK AVE NE SUITE C-5
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087113
ReturnHeader/PreparerPersonGrp/PhoneNum05052935009
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALEX GURULE
ReturnHeader/ReturnTs02025-08-13T10:16:39-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.