Rural Water Supply Corporation
- Assets
- $368.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jasper, TX
- Founding
- 07/1978
- Data as of
- 12/2021
- EIN
- 74-1904951
Organization Overview
Rural Water Supply Corporation is located in Jasper, TX. The organization was established in 1978. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural 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 12/2021, Rural Water Supply Corporation generated $141.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $166.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION PROVIDES CLEAN WATER TO A RURAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Henserling President | 5 | $0 | |
Denetrio Hadnot Secretary | 2 | $0 | |
Steve Wilson Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $141,314 |
| Membership dues | $0 |
| Investment income | $120 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,434 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,503 |
| Professional fees and other payments to independent contractors | $4,808 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,000 |
| Other expenses | $116,338 |
| Total expenses | $166,649 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $319,745 |
| Other assets | $0 |
| Total assets | $368,123 |
| Total liabilities | $636 |
| Net assets or fund balances | $367,487 |
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