Civic Intelligence

Las Campanas Water and Sewer Cooperative

990 • Fiscal year 2021 • EIN 85-0434205

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 28, 2022

Organization Profilewww.lcwatercoop.com
13 Plaza Nueva Unit BSanta Fe, NM 87507

(505) 930-7155

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.01x

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

2021 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

3rd percentile

0.05x

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

2021 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2021

Net Margin

7th percentile

-16%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$145,593

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2021

Asset Growth

9th percentile

-2.8%

Faster asset growth than 9% of similar nonprofits.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

44th percentile

2.1%

Faster revenue growth than 44% of similar nonprofits.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Down

$20,840,511

Down $609,426 (-2.8%) from 2020

Net Assets

Down

$20,715,040

Down $461,121 (-2.2%) from 2020

Liabilities

Down

$125,471

Down $148,305 (-54%) from 2020

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin7th percentile

Revenue

Up

$2,681,425

Up $54,031 (+2.1%) from 2020

Expenses

Up

$3,113,011

Up $243,068 (+8.5%) from 2020

Net Income

Down

-$431,586

Down $189,037 (-78%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth9th 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

2021

Assets$20,840,511
Liabilities$125,471
Net Assets$20,715,040
Open 2021 Filing

Operations Trend

Revenue Growth44th 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

2021

Revenue$2,681,425
Expenses$3,113,011
Net Income-$431,586
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 28, 2022
Return Version
2021v4.2
Gross Receipts
$2,681,425
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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$22,147,931$22,147,931→ $0
Land, Buildings, and Equipment, Net$14,706,571$14,433,814▼ $272,757
Investments in Publicly Traded Securities$5,386,923$5,363,448▼ $23,475
Savings and Temporary Cash Investments$793,702$602,947▼ $190,755
Cash and Non-Interest-Bearing Accounts$406,439$257,822▼ $148,617
Accounts Receivable$141,159$140,521▼ $638
Prepaid Expenses and Deferred Charges$15,143$41,959▲ $26,816
Rtn Earn Endowment Incm Other Fnds$-971,770$-1,432,891▼ $461,121
Total Assets$21,449,937$20,840,511▼ $609,426
Liabilities
Accounts Payable and Accrued Expenses$273,776$125,471▼ $148,305
Total Liabilities$273,776$125,471▼ $148,305
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,176,161$20,715,040▼ $461,121
Total Liabilities and Net Assets / Fund Balance$21,449,937$20,840,511▼ $609,426

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,465,262$4,390,264$17,855,526
Equipment$745,273$413,296$1,158,569
Land$223,279-$223,279
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly Visser-WeinmannGeneral ManagerFT$142,579$3,014$145,593
Jamey SheltonContract ControllerPT$34,496-$34,496

Board Members and Trustees

NameTitle
Stephen RabbPresident
Steven MillerVice President and Treasurer
Herb FalingDirector
John ShoemakerDirector
On Ben LeeSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Ch2mEngineering91919 South Jamaica Street, Engelwood, CO 80112$1,008,728
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,591,144
Investment Income
$87,681
Other Revenue
$2,600
Change in Net Assets
$-431,586

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,681,425
Revenue Not Reported on Form 990
$-111,081
Total Revenue per Audited Statements
$2,570,344
Total Revenue per Form 990
$2,681,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,870,653
Salaries, Compensation, and Employee Benefits$242,358
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$843,364
Depreciation Depletion---$369,373
Current Officers, Directors, Trustees, and Key Employees---$142,579
Fees for Services Accounting---$116,835
Other Expenses---$116,577
Fees for Services Legal---$86,066
Other Salaries and Wages---$65,038
Office Expenses---$64,189
Occupancy---$57,062
Insurance---$36,692
Information Technology---$20,987
Other Employee Benefits---$18,909
Payroll Taxes---$15,832
All Other Expenses---$9,208
Travel---$7,120
Total Functional Expenses$0$0$0$3,113,011

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,113,011
Total Expenses per Audited Statements$3,113,011
Total Expenses per Form 990$3,113,011
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Customer deposits-
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 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
Yes
Other officer compensation reviewed
Yes
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 organizations 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 11B

“After the return is prepared by an accounting firm, the treasurer 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. It a conflict of interest arises at any time during a Board members 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 Board of Directors use comparable data when approving officers salaries. The General Manager uses a similar process to approve salaries of key employees. This process is documented.”

Form 990, Part VI, Section C, Line 19

“All governing documents are available on the Coops website.”

Filing and Contact Details

Filer

Filer Name
Las Campanas Water and Sewer Cooperative
EIN
85-0434205
Phone
5059307155
Address
13 Plaza Nueva Unit B, Santa Fe, NM 87507

Signing Officer

Name
Steven G Miller
Title
Board Treasurer
Phone
5059307155
Signed
2022-06-28
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
5

Preparer

Firm
Porch & Associates LLC
Address
10612 Royal Birkdale NE, Albuquerque, NM 87111
Preparer
Thad E Porch CPA
Phone
5059342452
Supplemental Narrative

Additional Explanations

Form 990, Part I, Section I, Line 1

“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.”

Form 990, Part III, Line 1

“Distribution of water for domestic uses and for other purposes for its members and lands.”

Form 990, Part IX, Line 11G

“Outside services OMI water 382,398, OMI sewer 444,502, and ARM of 16,464, for total outside services of 843,364.”

Form 990, Part XI, Line 8

“A prior period adjustment in the amount of 81,546 is being recorded on this Form 990 because the prior year Form 990 was filed before an updated audit was completed.”

Financial Statement Notes

X 2

“The Coop qualifies as a tax-exempt organization under Section 501c12 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 the 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 enterprises financial statements. Uncertain income tax positions must meet a more-likely-than-not 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 Coops policy is to classify income tax penalties and interest according to their natural classification in its financial statements. During the years ended December 31, 2021 and 2020, the Coop incurred no interest and penalties. As of December 31, 2021, management does not believe the Co-op has any uncertain tax positions that would require financial statement recognition, measurement, or disclosure under FASB ASC 740.”

Raw XML Appendix383 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0273776
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0125471
IRS990/AccountsReceivableGrp/BOYAmt0141159
IRS990/AccountsReceivableGrp/EOYAmt0140521
IRS990/ActivitiesConductedPrtshpInd0false
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.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt09208
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Las Campanas Water Cooperative
IRS990/BooksInCareOfDetail/PhoneNum05059307155
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt013 Plaza Nueva Unit B
IRS990/BooksInCareOfDetail/USAddress/CityNm0Santa Fe
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087507
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0406439
IRS990/CashNonInterestBearingGrp/EOYAmt0257822
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0142579
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt01008728
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt091919 South Jamaica Street
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Engelwood
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd080112
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CH2M
IRS990/ContractorCompensationGrp/ServicesDesc0Engineering
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt087681
IRS990/CYOtherExpensesAmt02870653
IRS990/CYOtherRevenueAmt02600
IRS990/CYProgramServiceRevenueAmt02591144
IRS990/CYRevenuesLessExpensesAmt0-431586
IRS990/CYSalariesCompEmpBnftPaidAmt0242358
IRS990/CYTotalExpensesAmt03113011
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02681425
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0369373
IRS990/Desc0Operate and manage a wastewater sewer system for the collection, transmission, treatment, and disposal of domestic wastewater and sewage for the members of a residential community known as Las Campanas.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt0116835
IRS990/FeesForServicesLegalGrp/TotalAmt086066
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt0843364
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4003.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5003.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6003.00
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/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt03014
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Kimberly Visser-Weinmann
IRS990/Form990PartVIISectionAGrp/PersonNm1Jamey Shelton
IRS990/Form990PartVIISectionAGrp/PersonNm2Stephen Rabb
IRS990/Form990PartVIISectionAGrp/PersonNm3Steven Miller
IRS990/Form990PartVIISectionAGrp/PersonNm4On Ben Lee
IRS990/Form990PartVIISectionAGrp/PersonNm5Herb Faling
IRS990/Form990PartVIISectionAGrp/PersonNm6John Shoemaker
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0142579
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt134496
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt1Contract Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President and Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02681425
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt020987
IRS990/InsuranceGrp/TotalAmt036692
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt087681
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt087681
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05386923
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05363448
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04803560
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014706571
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014433814
IRS990/LandBldgEquipCostOrOtherBssAmt019237374
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt02591144
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt021176161
IRS990/NetAssetsOrFundBalancesEOYAmt020715040
IRS990/NetUnrlzdGainsLossesInvstAmt0-111081
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt057062
IRS990/OfficeExpensesGrp/TotalAmt064189
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018909
IRS990/OtherExpensesGrp/Desc0Purchased water
IRS990/OtherExpensesGrp/Desc1Repairs and maintenance
IRS990/OtherExpensesGrp/Desc2Buckman Direct Diversion project
IRS990/OtherExpensesGrp/Desc3Operational materials and utilities
IRS990/OtherExpensesGrp/TotalAmt0693209
IRS990/OtherExpensesGrp/TotalAmt1267508
IRS990/OtherExpensesGrp/TotalAmt2182463
IRS990/OtherExpensesGrp/TotalAmt3116577
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherRevenueMiscGrp/Desc0Other income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02600
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02600
IRS990/OtherRevenueTotalAmt02600
IRS990/OtherSalariesAndWagesGrp/TotalAmt065038
IRS990/OtherSourcesGrossIncomeAmt090281
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt015832
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt022147931
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt022147931
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015143
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041959
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Steven G Miller
IRS990/PriorPeriodAdjustmentsAmt081546
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711210
IRS990/ProgramServiceRevenueGrp/BusinessCd1562000
IRS990/ProgramServiceRevenueGrp/Desc0Sewer, water, and other services and fees
IRS990/ProgramServiceRevenueGrp/Desc1Effluent sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02500836
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt190308
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02500836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt190308
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0160645
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02595042
IRS990/PYProgramServiceRevenueAmt02466749
IRS990/PYRevenuesLessExpensesAmt0-242549
IRS990/PYSalariesCompEmpBnftPaidAmt0274901
IRS990/PYTotalExpensesAmt02869943
IRS990/PYTotalRevenueAmt02627394
IRS990/ReconcilationRevenueExpnssAmt0-431586
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-971770
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1432891
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0793702
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0602947
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0745273
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0413296
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01158569
IRS990ScheduleD/ExpensesSubtotalAmt03113011
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0223279
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0223279
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-111081
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013465262
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04390264
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017855526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Customer deposits
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt0-111081
IRS990ScheduleD/RevenueSubtotalAmt02681425
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Coop qualifies as a tax-exempt organization under Section 501c12 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 the 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 enterprises financial statements. Uncertain income tax positions must meet a more-likely-than-not 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 Coops policy is to classify income tax penalties and interest according to their natural classification in its financial statements. During the years ended December 31, 2021 and 2020, the Coop incurred no interest and penalties. As of December 31, 2021, management does not believe the Co-op has any uncertain tax positions that would require financial statement recognition, measurement, or disclosure under FASB ASC 740.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014433814
IRS990ScheduleD/TotalExpensesPerForm990Amt03113011
IRS990ScheduleD/TotalRevenuePerForm990Amt02681425
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02570344
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03113011
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Transmit, 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Distribution of water for domestic uses and for other purposes for its members and lands.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Membership of the organization is limited to owners of record of one or more platted lots or approved structures within the boundaries of the organizations service area.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 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/ExplanationTxt4After the return is prepared by an accounting firm, the treasurer 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/ExplanationTxt5The officers and Board members are informed of the conflict of interest policy upon election and/or appointment to office. It a conflict of interest arises at any time during a Board members 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/ExplanationTxt6The Board of Directors use comparable data when approving officers salaries. The General Manager uses a similar process to approve salaries of key employees. This process is documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7All governing documents are available on the Coops website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Outside services OMI water 382,398, OMI sewer 444,502, and ARM of 16,464, for total outside services of 843,364.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9A prior period adjustment in the amount of 81,546 is being recorded on this Form 990 because the prior year Form 990 was filed before an updated audit was completed.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Section I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part XI, Line 8
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021449937
IRS990/TotalAssetsEOYAmt020840511
IRS990/TotalAssetsGrp/BOYAmt021449937
IRS990/TotalAssetsGrp/EOYAmt020840511
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt03113011
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0273776
IRS990/TotalLiabilitiesEOYAmt0125471
IRS990/TotalLiabilitiesGrp/BOYAmt0273776
IRS990/TotalLiabilitiesGrp/EOYAmt0125471
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt021176161
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt020715040
IRS990/TotalOtherCompensationAmt03014
IRS990/TotalProgramServiceRevenueAmt02591144
IRS990/TotalReportableCompFromOrgAmt0177075
IRS990/TotalRevenueGrp/ExclusionAmt087681
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02593744
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02681425
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021449937
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020840511
IRS990/TravelGrp/TotalAmt07120
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013 Plaza Nueva Unit B
IRS990/USAddress/CityNm0Santa Fe
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087507
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0https://www.lcwatercoop.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Steven G Miller
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05059307155
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Las Campanas Water and Sewer Cooperative
ReturnHeader/Filer/BusinessNameControlTxt0LASC
ReturnHeader/Filer/EIN0850434205
ReturnHeader/Filer/PhoneNum05059307155
ReturnHeader/Filer/USAddress/AddressLine1Txt013 Plaza Nueva Unit B
ReturnHeader/Filer/USAddress/CityNm0Santa Fe
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087507
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161719080
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Porch & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010612 Royal Birkdale NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Albuquerque
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087111
ReturnHeader/PreparerPersonGrp/PhoneNum05059342452
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thad E Porch CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-06-28T03:37:37-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Steven
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wiseman
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,840,511
Liabilities
$125,471
Net assets
$20,715,040
Revenue
$2,681,425
Expenses
$3,113,011
Net income
-$431,586
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