Civic Intelligence

Las Campanas Water and Sewer Cooperative

990 • Fiscal year 2015 • EIN 85-0434205

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 15, 2016

Organization Profilewww.lcwatersewer.coop
366 Las Campanas DrSanta Fe, NM 87506

(505) 204-7835

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

1st percentile

0.01x

Higher debt load relative to assets than 1% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

3rd percentile

0.09x

Higher debt load relative to revenue than 3% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Net Margin

42nd percentile

2.2%

Higher net margin than 42% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

38th percentile

$36,760

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Asset Growth

40th percentile

0.3%

Faster asset growth than 40% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-20%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$20,851,712

Up $72,605 (+0.3%) from 2014

Net Assets

Down

$20,687,143

Down $10,847 (-0.1%) from 2014

Liabilities

Up

$164,569

Up $83,452 (+103%) from 2014

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin42nd percentile

Revenue

Down

$1,881,037

Down $465,048 (-20%) from 2014

Expenses

Down

$1,840,441

Down $328,926 (-15%) from 2014

Net Income

Down

$40,596

Down $136,122 (-77%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $15,769,816Liabilities 2010: $34,840Net Assets 2010: $15,734,9762010Assets 2011: $15,656,396Liabilities 2011: $12,467Net Assets 2011: $15,643,9292011Assets 2012: $20,109,838Liabilities 2012: $106,398Net Assets 2012: $20,003,4402012Assets 2013: $20,608,690Liabilities 2013: $118,347Net Assets 2013: $20,490,3432013Assets 2014: $20,779,107Liabilities 2014: $81,117Net Assets 2014: $20,697,9902014Assets 2015: $20,851,712Liabilities 2015: $164,569Net Assets 2015: $20,687,1432015Assets 2016: $21,244,383Liabilities 2016: $126,238Net Assets 2016: $21,118,1452016Assets 2017: $21,519,399Liabilities 2017: $100,338Net Assets 2017: $21,419,0612017Assets 2018: $21,401,497Liabilities 2018: $264,146Net Assets 2018: $21,137,3512018Assets 2019: $21,287,565Liabilities 2019: $235,907Net Assets 2019: $21,051,6582019Assets 2020: $21,449,937Liabilities 2020: $273,776Net Assets 2020: $21,176,1612020Assets 2021: $20,840,511Liabilities 2021: $125,471Net Assets 2021: $20,715,0402021Assets 2022: $20,475,095Liabilities 2022: $330,815Net Assets 2022: $20,144,2802022Assets 2023: $20,904,176Liabilities 2023: $328,245Net Assets 2023: $20,575,9312023Assets 2024: $20,894,972Liabilities 2024: $291,395Net Assets 2024: $20,603,5772024

Highlighted filing

2015

Assets$20,851,712
Liabilities$164,569
Net Assets$20,687,143
Open 2015 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$5.0M$0-$5.0MExpenses 2010: $1,159,4032010Expenses 2011: $1,119,4462011Revenue 2012: $1,926,002Expenses 2012: $4,968,134Net Income 2012: -$3,042,1322012Revenue 2013: $2,443,431Expenses 2013: $1,996,941Net Income 2013: $446,4902013Revenue 2014: $2,346,085Expenses 2014: $2,169,367Net Income 2014: $176,7182014Revenue 2015: $1,881,037Expenses 2015: $1,840,441Net Income 2015: $40,5962015Revenue 2016: $2,325,245Expenses 2016: $1,976,756Net Income 2016: $348,4892016Revenue 2017: $2,228,134Expenses 2017: $2,006,841Net Income 2017: $221,2932017Revenue 2018: $2,076,448Expenses 2018: $2,400,868Net Income 2018: -$324,4202018Revenue 2019: $2,097,530Expenses 2019: $2,443,383Net Income 2019: -$345,8532019Revenue 2020: $2,627,394Expenses 2020: $2,869,943Net Income 2020: -$242,5492020Revenue 2021: $2,681,425Expenses 2021: $3,113,011Net Income 2021: -$431,5862021Revenue 2022: $2,840,305Expenses 2022: $2,964,180Net Income 2022: -$123,8752022Revenue 2023: $3,497,924Expenses 2023: $3,209,618Net Income 2023: $288,3062023Revenue 2024: $3,459,057Expenses 2024: $3,439,096Net Income 2024: $19,9612024

Highlighted filing

2015

Revenue$1,881,037
Expenses$1,840,441
Net Income$40,596
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 15, 2016
Return Version
2015v2.1
Gross Receipts
$3,654,675
Mission and Program Overview

Mission

The organization associates its members together for their interest and benefit to collect, transmit, treat, and dispose of wastewater and sewage for its members and lands, as well as to acquire, construct, install, maintain, and operate a water system for the supply and distribution of water for domestic uses and for other purposes for its members and lands.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$22,157,412$22,202,562▲ $45,150
Land, Buildings, and Equipment, Net$15,733,833$15,463,311▼ $270,522
Investments in Publicly Traded Securities-$4,494,469-
Savings and Temporary Cash Investments$4,410,359--
Cash and Non-Interest-Bearing Accounts$378,024$683,836▲ $305,812
Accounts Receivable$225,232$178,683▼ $46,549
Prepaid Expenses and Deferred Charges$31,659$31,413▼ $246
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-1,459,422$-1,515,419▼ $55,997
Total Assets$20,779,107$20,851,712▲ $72,605
Liabilities
Accounts Payable and Accrued Expenses$81,117$164,569▲ $83,452
Total Liabilities$81,117$164,569▲ $83,452
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,697,990$20,687,143▼ $10,847
Total Liabilities and Net Assets / Fund Balance$20,779,107$20,851,712▲ $72,605

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,136,354$2,227,823$17,364,177
Equipment$326,957$344,118$671,075
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseTotal
mary erpelding-chaconControllerPT$36,760$36,760
kim visserGeneral ManagerPT$12,138$12,138
virginia selvinController (through 4/30/15)PT$11,942$11,942

Board Members and Trustees

NameTitle
Michael WalshPresident
Gene MrozVice President
Phil VastaVice President (Through 7/23/15)
gary polinervice president/secretary
larry clydeDirector
mark steinbergDirector
michael hughesDirector
Greg FlanaganDirector (through 7/23/15)
David WilliamsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CH2MHill OMIoperations managementDepartment 1267, denver, CO 80291$438,262
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,802,834
Investment Income
$78,203
Other Revenue
$0
Change in Net Assets
$40,596

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,881,037
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-96,593
Total Revenue per Audited Statements
$1,784,444
Total Revenue per Form 990
$1,881,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,714,524
Salaries, Compensation, and Employee Benefits$125,917
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$475,432
Depreciation Depletion---$392,807
Occupancy---$122,516
Other Expenses---$68,592
All Other Expenses---$63,664
Current Officers, Directors, Trustees, and Key Employees---$60,839
Other Salaries and Wages---$41,746
Insurance---$26,780
Fees for Services Accounting---$26,769
Fees for Services Legal---$22,028
Other Employee Benefits---$14,037
Information Technology---$12,730
Office Expenses---$9,436
Payroll Taxes---$9,295
Total Functional Expenses$0$0$0$1,840,441

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,840,441
Total Expenses per Audited Statements$1,840,441
Total Expenses per Form 990$1,840,441
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“Membership of the organization is limited to owners of record of one or more platted lots or approved structures within the boundaries of the organization service area.”

Form 990, Part VI, Section A, line 7A

“The directors of the organization are chosen by member vote at the annual meeting of the organization. Each member is entitled to one vote.”

Form 990, Part VI, Section B, line 11

“After the return is prepared by an accounting firm, the controller reviews a copy of the draft and final Form 990 for completeness and accuracy. The Form 990 is then presented to the finance committee of the board. The finance committee reviews and distributes to the remainder of the Board. The Board approves the final copy, and the return is filed.”

Form 990, Part VI, Section B, line 12C

“The officers and board members are informed of the conflict of interest policy upon election and/or appointment to office. If a conflict of interest arises at any time during a board member's term, the individual is asked to disclose such conflict to the Board immediately. If a conflict arises, such board member is not allowed to vote on the specific transaction.”

Form 990, Part VI, Section B, line 15

“The W-2s for officer compensation are issued by Las Campanas Owners Association. A portion of their salaries are billed back to the cooperative each month under a management contract and are shown in Part VII, column D.”

Form 990, Part VI, Section C, line 19

“Documents are posted on the website or available upon request at the office.”

Filing and Contact Details

Filer

Filer Name
Las Campanas Water and Sewer Cooperative
EIN
85-0434205
Phone
5052047835
Address
366 Las Campanas Dr, Santa Fe, NM 87506

Signing Officer

Name
Kimberly Visser
Title
General Manager
Phone
5058202669
Signed
2016-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Visser
Formed
1995
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
9

Preparer

Firm
Moss Adams LLP
Address
6565 Americas Parkway NE Ste 600, Albuquerque, NM 87110
Preparer
Pamela Alexanderson
Phone
5058787200
Supplemental Narrative

Additional Explanations

item K:

“The organization is incorporated as a cooperative association. Item K is better portrayed as an Other Cooperative form of organization.”

Form 990, Part IX, line 11G

“Outside Services: OMI Water 109,436. Outside Services: OMI Sewer 328,827. Other Outside Services 37,169.”

Form 990, Part XI, line 9:

“contributed capital - cash 45,150.”

Financial Statement Notes

Part X, Line 2:

“The coop qualifies as a taxexempt organization under section 501(c)(12) of the internal revenue code and, accordingly, if certain conditions are met, is not subject to federal income tax except to the extent that it has unrelated business income. The coop applies the provisions of financial accounting standards board (fasb) accounting standards codification (asc) 740, income taxes. Fasb asc 740 provides detailed guidance for the financial statement recognition, measurement, and disclosure of uncertain tax positions in an enterprise's financial statements. Uncertain income tax positions must meet a morelikelythannot recognition threshold at the effective date to be recognized upon the adoption of fasb asc 740 and in subsequent periods. The provisions of fasb asc 740 have been applied to all coop income tax positions commencing from that date. The coop's policy is to classify income tax penalties and interest according to their natural classification in its financial statements. During the years ended december 31, 2015 and 2014, the coop incurred no interest and penalties. As of december 31, 2015, management does not believe the coop has any uncertain tax positions that would require financial statement recognition, measurement, or disclosure under fasb asc 740.”

Raw XML Appendix396 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.

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IRS990/ActivityOrMissionDesc0THE ORGANIZATION ASSOCIATES ITS MEMBERS TOGETHER FOR THEIR INTEREST AND BENEFIT TO COLLECT, TRANSMIT, TREAT, AND DISPOSE OF WASTEWATER AND SEWAGE FOR ITS MEMBERS AND LANDS, AS WELL AS TO ACQUIRE, CONSTRUCT, INSTALL, MAINTAIN, AND OPERATE A WATER SYSTEM FOR THE SUPPLY AND DISTRIBUTION OF WATER FOR DOMESTIC USES AND FOR OTHER PURPOSES FOR ITS MEMBERS AND LANDS.
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IRS990/Form990PartVIISectionAGrp/PersonNm7michael hughes
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President (Through 7/23/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt3vice president/secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director (through 7/23/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt9General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt10Controller
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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02571941
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015733833
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015463311
IRS990/LandBldgEquipCostOrOtherBssAmt018035252
IRS990/LegalDomicileStateCd0NM
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02582
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01771056
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt01802834
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The organization associates its members together for their interest and benefit to collect, transmit, treat, and dispose of wastewater and sewage for its members and lands, as well as to acquire, construct, install, maintain, and operate a water system for the supply and distribution of water for domestic uses and for other purposes for its members and lands.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt020697990
IRS990/NetAssetsOrFundBalancesEOYAmt020687143
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-25739
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-25739
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-96593
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0122516
IRS990/OfficeExpensesGrp/TotalAmt09436
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt045150
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014037
IRS990/OtherExpensesGrp/Desc0Purchased Water
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2Buckman Direct Diversio
IRS990/OtherExpensesGrp/TotalAmt0403253
IRS990/OtherExpensesGrp/TotalAmt190517
IRS990/OtherExpensesGrp/TotalAmt268592
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherSalariesAndWagesGrp/TotalAmt041746
IRS990/OtherSourcesGrossIncomeAmt078203
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt09295
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt022157412
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt022202562
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031413
IRS990/PrincipalOfficerNm0KIMBERLY VISSER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711210
IRS990/ProgramServiceRevenueGrp/BusinessCd1562000
IRS990/ProgramServiceRevenueGrp/Desc0sewer, water & other svcs
IRS990/ProgramServiceRevenueGrp/Desc1EFFLUENT SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01717625
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt185209
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01717625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt185209
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide water management and distribution for the members of a residential community known as Las Campanas.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09719
IRS990/PYOtherExpensesAmt02033858
IRS990/PYOtherRevenueAmt0-6342
IRS990/PYProgramServiceRevenueAmt02342708
IRS990/PYRevenuesLessExpensesAmt0176718
IRS990/PYSalariesCompEmpBnftPaidAmt0135509
IRS990/PYTotalExpensesAmt02169367
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02346085
IRS990/ReconcilationRevenueExpnssAmt040596
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1459422
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1515419
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04410359
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0326957
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0344118
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0671075
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01840441
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-96593
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015136354
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02227823
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017364177
IRS990ScheduleD/RevenueNotReportedAmt0-96593
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01881037
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COOP QUALIFIES AS A TAXEXEMPT ORGANIZATION UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IF CERTAIN CONDITIONS ARE MET, IS NOT SUBJECT TO FEDERAL INCOME TAX EXCEPT TO THE EXTENT THAT IT HAS UNRELATED BUSINESS INCOME. THE COOP APPLIES THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. FASB ASC 740 PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS IN AN ENTERPRISE'S FINANCIAL STATEMENTS. UNCERTAIN INCOME TAX POSITIONS MUST MEET A MORELIKELYTHANNOT RECOGNITION THRESHOLD AT THE EFFECTIVE DATE TO BE RECOGNIZED UPON THE ADOPTION OF FASB ASC 740 AND IN SUBSEQUENT PERIODS. THE PROVISIONS OF FASB ASC 740 HAVE BEEN APPLIED TO ALL COOP INCOME TAX POSITIONS COMMENCING FROM THAT DATE. THE COOP'S POLICY IS TO CLASSIFY INCOME TAX PENALTIES AND INTEREST ACCORDING TO THEIR NATURAL CLASSIFICATION IN ITS FINANCIAL STATEMENTS. DURING THE YEARS ENDED DECEMBER 31, 2015 AND 2014, THE COOP INCURRED NO INTEREST AND PENALTIES. AS OF DECEMBER 31, 2015, MANAGEMENT DOES NOT BELIEVE THE COOP HAS ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, OR DISCLOSURE UNDER FASB ASC 740.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015463311
IRS990ScheduleD/TotalExpensesPerForm990Amt01840441
IRS990ScheduleD/TotalRevenuePerForm990Amt01881037
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01784444
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01840441
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization is incorporated as a cooperative association. Item K is better portrayed as an Other Cooperative form of organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Membership of the organization is limited to owners of record of one or more platted lots or approved structures within the boundaries of the organization service area.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The directors of the organization are chosen by member vote at the annual meeting of the organization. Each member is entitled to one vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3After the return is prepared by an accounting firm, the controller reviews a copy of the draft and final Form 990 for completeness and accuracy. The Form 990 is then presented to the finance committee of the board. The finance committee reviews and distributes to the remainder of the Board. The Board approves the final copy, and the return is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The officers and board members are informed of the conflict of interest policy upon election and/or appointment to office. If a conflict of interest arises at any time during a board member's term, the individual is asked to disclose such conflict to the Board immediately. If a conflict arises, such board member is not allowed to vote on the specific transaction.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The W-2s for officer compensation are issued by Las Campanas Owners Association. A portion of their salaries are billed back to the cooperative each month under a management contract and are shown in Part VII, column D.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Documents are posted on the website or available upon request at the office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Outside Services: OMI Water 109,436. Outside Services: OMI Sewer 328,827. Other Outside Services 37,169.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8contributed capital - cash 45,150.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0item k:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt020779107
IRS990/TotalAssetsEOYAmt020851712
IRS990/TotalAssetsGrp/BOYAmt020779107
IRS990/TotalAssetsGrp/EOYAmt020851712
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01840441
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt081117
IRS990/TotalLiabilitiesEOYAmt0164569
IRS990/TotalLiabilitiesGrp/BOYAmt081117
IRS990/TotalLiabilitiesGrp/EOYAmt0164569
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt020697990
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt020687143
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01802834
IRS990/TotalReportableCompFromOrgAmt060840
IRS990/TotalRevenueGrp/ExclusionAmt078203
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01802834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01881037
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020779107
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020851712
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0366 Las Campanas Dr
IRS990/USAddress/CityNm0Santa Fe
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087506
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0http://www.lcwatersewer.coop
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kimberly Visser
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0General Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum05058202669
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Las Campanas Water and Sewer Cooperative
ReturnHeader/Filer/BusinessNameControlTxt0LASC
ReturnHeader/Filer/EIN0850434205
ReturnHeader/Filer/PhoneNum05052047835
ReturnHeader/Filer/USAddress/AddressLine1Txt0366 Las Campanas Dr
ReturnHeader/Filer/USAddress/CityNm0Santa Fe
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087506
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910189318
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Moss Adams LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06565 Americas Parkway NE Ste 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Albuquerque
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087110
ReturnHeader/PreparerPersonGrp/PhoneNum05058787200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Pamela Alexanderson
ReturnHeader/ReturnTs02016-07-18T09:54:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,851,712
Liabilities
$164,569
Net assets
$20,687,143
Revenue
$1,881,037
Expenses
$1,840,441
Net income
$40,596
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.9$0.29$20.6$3.46$3.44$0.02
2023Detailed filing. Detailed filing data is available for this year.$20.9$0.33$20.6$3.50$3.21$0.29
2022Detailed filing. Detailed filing data is available for this year.$20.5$0.33$20.1$2.84$2.96$0.12
2021Detailed filing. Detailed filing data is available for this year.$20.8$0.13$20.7$2.68$3.11$0.43
2020Detailed filing. Detailed filing data is available for this year.$21.4$0.27$21.2$2.63$2.87$0.24
2019Detailed filing. Detailed filing data is available for this year.$21.3$0.24$21.1$2.10$2.44$0.35
2018Detailed filing. Detailed filing data is available for this year.$21.4$0.26$21.1$2.08$2.40$0.32
2017Detailed filing. Detailed filing data is available for this year.$21.5$0.10$21.4$2.23$2.01$0.22
2016Detailed filing. Detailed filing data is available for this year.$21.2$0.13$21.1$2.33$1.98$0.35
2015Detailed filing. Detailed filing data is available for this year.$20.9$0.16$20.7$1.88$1.84$0.04
2014Detailed filing. Detailed filing data is available for this year.$20.8$0.08$20.7$2.35$2.17$0.18
2013Detailed filing. Detailed filing data is available for this year.$20.6$0.12$20.5$2.44$2.00$0.45
2012Summary only. Only limited summary data is available for this year.$20.1$0.11$20.0$1.93$4.97$3.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$0.01$15.6$1.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$0.03$15.7$1.16