Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 85-0292331

AGUA FRIA COMMUNITY WATER SYSTEM

Tax-exempt · SANTA FE, NM 87502

Financials

$441K$495K2023$457K$580K2025
Revenue Expenses · by fiscal year end
Financials of AGUA FRIA COMMUNITY WATER SYSTEM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$456,618$579,831-$123,213$2,702,936$268,111$2,434,825
December 31, 2023990$441,064$494,985-$53,921$2,767,182$317,488$2,449,694
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$221,430
of which government grants
$221,430
Program service revenue
$235,151
Investment income
$37
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$44,965
Salaries, compensation and benefits (total)
$48,566
Professional fundraising fees
$0
Accounting fees
$6,817
Depreciation
$170,260
Program services (functional)
$147,465
Management and general (functional)
$432,366

Balance sheet and other

Total assets, start of year
$2,826,149
Total assets, end of year
$2,702,936
Total liabilities, end of year
$268,111
Net assets, end of year
$2,434,825
Land, buildings and equipment
$2,492,866
Net assets without donor restrictions
$2,434,825
Gross receipts
$456,618
Employees
1
Volunteers
0
Year formed
1956
State of legal domicile
NM

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RAMON ROMEROPresident
Trustee or director, Officer
2$0
RUDY MARTINEZVice-President
Trustee or director, Officer
2$0
DION MONTOYASecretary
Trustee or director, Officer
2$0
GILBERT TERCEROTreasurer
Trustee or director, Officer
2$0
FRANCISCO ROMERODirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
RAMON ROMEROPresident
Trustee or director, Officer
2$0
RUDY MARTINEZVice-President
Trustee or director, Officer
2$0
DION MONTOYASecretary
Trustee or director, Officer
2$0
GILBERT TERCEROTreasurer
Trustee or director, Officer
2$0
FRANCISCO ROMERODirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 4966, SANTA FE, NM 87502-4966
In care of
% GIL TERCERO
Principal officer (990 for 2025)
GILBERT TERCERO, 07 B North Horizon Lane, Santa Fe, NM 87507
Signed the 990
GILBERT TERCERO, TREASURER
Phone
(505) 424-0112
Return prepared by
Macias Gutierrez & Co CPAs P C

Mission

PROVIDE A WATER SYSTEM FOR THE COMMUNITY OF AGUA FRIA, NM

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDING WATER SERVICE TO THE AGUA FRIA COMMUNITY

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-0292331
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,702,936
Income (IRS master file)
$456,618

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$456,618$579,831$2,702,936XML
990December 2023$441,064$494,985$2,767,182XML
990December 2022$646,429$721,375$2,482,181IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-0292331).

Questions about AGUA FRIA COMMUNITY WATER SYSTEM

What is the EIN of AGUA FRIA COMMUNITY WATER SYSTEM?
The employer identification number (EIN) of AGUA FRIA COMMUNITY WATER SYSTEM is 85-0292331.
Is AGUA FRIA COMMUNITY WATER SYSTEM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2004.
Are donations to AGUA FRIA COMMUNITY WATER SYSTEM tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does AGUA FRIA COMMUNITY WATER SYSTEM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AGUA FRIA COMMUNITY WATER SYSTEM due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AGUA FRIA COMMUNITY WATER SYSTEM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of AGUA FRIA COMMUNITY WATER SYSTEM?
The 990 for the year ended December 31, 2025 names GILBERT TERCERO.
Who are the officers and directors of AGUA FRIA COMMUNITY WATER SYSTEM?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does AGUA FRIA COMMUNITY WATER SYSTEM have?
On its 990 for the year ended December 31, 2025 it reported revenue of $456,618, expenses of $579,831 and total assets of $2,702,936 at year end.

Other nonprofits in SANTA FE

All nonprofits in SANTA FE · New Mexico · Public and societal benefit