Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Cedar Creek Water Cooperative
EIN 85-0385473 • 501(c)12 • Placitas, NM
Profile
To own, maintain, and operate a water production and distribution system for the residents of the Cedar Creek Subdivision.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.37x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Up$492,144
Up $172,897 (+54%) from 2023
Liabilities
Up$180,965
Up $150,925 (+502%) from 2023
Net Assets
Up$311,179
Up $21,972 (+7.6%) from 2023
Revenue
Down$67,964
Down $638 (-0.9%) from 2023
Expenses
Up$45,992
Up $3,124 (+7.3%) from 2023
Net Income
Down$21,972
Down $3,762 (-15%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $492,144
- Liabilities
- $180,965
- Net assets
- $311,179
- Revenue
- $67,964
- Expenses
- $45,992
- Net income
- $21,972
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 6, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $67,964
Mission and Program Overview
Mission
To own, maintain, and operate a water production and distribution system for the residents of the Cedar Creek Subdivision.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The cooperative provided water services to 56 members. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Griego | President | - | $0 | - | - |
| Robert Landers | Vice President | - | $0 | - | - |
| Cheryl Betterly | Secretary | - | $0 | - | - |
| George Koinis | Treasurer | - | $0 | - | - |
| Steve Becker | Director | - | $0 | - | - |
| Seth Betterly | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Cedar Creek Water Cooperative
- EIN
- 85-0385473
- Phone
- 5058673335
- Address
- PO Box 241, Placitas, NM 87043
Signing Officer
- Name
- George Koinis
- Title
- President
- Phone
- 5058673335
- Signed
- 2025-05-06
Preparer
- Firm
- Hilde Penhallurick
- Address
- PO Box 123, Placitas, NM 87043
- Preparer
- Hildegard Penhallurick
- Phone
- 5058673335
Supplemental Narrative
Additional Explanations
Part I, Line 16
“Other Expenses: Depreciation $13,718; Electricity $3,084; Information Technology $187; Insurance $7,896; Interest $3,453; Licenses, Fees & Taxes $119; Mark Water Line Location $209; Office Expense $453; Repairs & Maintenance $8,542; SCADA Service Package $626; Water Testing & Lab Analysis $315; Total $38,602.”
Part II, Line 24
“Other Assets: Accounts Receivable: Beginning $ -859, Ending $ -284; Machinery and Equipment: Beginning $107,155, Ending $105,252; Miscellaneous: Beginning $54,908, Ending $54,908; Totals: Beginning $161,204, Ending $159,876.”
Part II, Line 26
“Total Liabilities: Accounts Payable: Beginning $6,997, Ending $7,022; Notes Payable: Beginning $23,043, Ending $173,943; Totals: Beginning $30,040, Ending $180,965.”
Raw XML Appendix128 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Hilde Penhallurick |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5058673335 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10 Snow Peak Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Placitas |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 87043 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 141486 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 317699 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21972 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6050 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 319247 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 492144 |
| IRS990EZ/GrossReceiptsAmt | 0 | 67964 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 12 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 16557 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 14569 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 289207 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 311179 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 289207 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 311179 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Michael Griego |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Robert Landers |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Cheryl Betterly |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | George Koinis |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Steve Becker |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Seth Betterly |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 161204 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 159876 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38602 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To own, maintain, and operate a water production and distribution system for the residents of the Cedar Creek Subdivision. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1340 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 67952 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The cooperative provided water services to 56 members. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 30040 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 180965 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 45992 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 67964 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Other Expenses: Depreciation $13,718; Electricity $3,084; Information Technology $187; Insurance $7,896; Interest $3,453; Licenses, Fees & Taxes $119; Mark Water Line Location $209; Office Expense $453; Repairs & Maintenance $8,542; SCADA Service Package $626; Water Testing & Lab Analysis $315; Total $38,602. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Other Assets: Accounts Receivable: Beginning $ -859, Ending $ -284; Machinery and Equipment: Beginning $107,155, Ending $105,252; Miscellaneous: Beginning $54,908, Ending $54,908; Totals: Beginning $161,204, Ending $159,876. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Total Liabilities: Accounts Payable: Beginning $6,997, Ending $7,022; Notes Payable: Beginning $23,043, Ending $173,943; Totals: Beginning $30,040, Ending $180,965. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | George Koinis |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5058673335 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CEDAR CREEK WATER COOPERATIVE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CEDA |
| ReturnHeader/Filer/EIN | 0 | 850385473 |
| ReturnHeader/Filer/PhoneNum | 0 | 5058673335 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 241 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Placitas |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 87043 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 204500411 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Hilde Penhallurick |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 123 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Placitas |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 87043 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5058673335 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Hildegard Penhallurick |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-05-08T19:17:35Z |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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