Kempner Water Supply Corporation

Organization Overview

Kempner Water Supply Corporation is located in Kempner, TX. The organization was established in 1976. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2022, Kempner Water Supply Corporation employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kempner Water Supply Corporation is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 09/2022, Kempner Water Supply Corporation generated $10.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $8.5m during the year ending 09/2022. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE WATER UTILITIES TO ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KEMPNER WATER SUPPLY CORPORATION'S PURPOSE IS TO PROVIDE WATER TO ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Delores Coberley
Manager
$129,116
George Mcclintock
Director
$0
Richard Dominowski
President
$0
Wende Hammond
Vice President
$0
Paul Williams
Director
$0
John Daugherty
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$9,449,398
Investment income $458,843
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $127,984
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,456,487

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