Bell-Milam-Falls Water Supply Corporation is located in Cameron, 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. Bell-Milam-Falls 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, Bell-Milam-Falls Water Supply Corporation generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.4m during the year ending 09/2022. While expenses have increased by 4.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE POTABLE WATER TO ABOUT 2,180 MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TREATED SURFACE WATER TO 2,180 RURAL MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Barfield President | OfficerTrustee | 1 | $2,100 |
John Maresh Vice Preside | OfficerTrustee | 1 | $1,200 |
Melvin Ranly Director | Trustee | 1 | $1,200 |
Ellison Burns Secretary | OfficerTrustee | 1 | $1,100 |
Manard Moeller Jr Director | Trustee | 1 | $600 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
D&l Services | 9/29/17 | $755,396 |
Central Texas Water Supply Corp Water Supply | 9/29/17 | $598,558 |
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 | $2,381,516 |
Investment income | $19,553 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,401,069 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $6,200 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $800 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $350,355 |
Fees for services: Legal | $4,240 |
Fees for services: Accounting | $6,165 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $16,279 |
Advertising and promotion | $0 |
Office expenses | $29,936 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $450 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $180,513 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $447,656 |
Insurance | $27,487 |
All other expenses | $53,294 |
Total functional expenses | $2,381,808 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $280,971 |
Savings and temporary cash investments | $946,841 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $163,560 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $6,187,577 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $945 |
Other assets | $540 |
Total assets | $7,580,434 |
Accounts payable and accrued expenses | $204,516 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $4,718,673 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,923,189 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $238,125 |
Paid-in or capital surplus, or land, building, or equipment fund | $836,561 |
Retained earnings, endowment, accumulated income, or other funds | $1,582,559 |
Total liabilities and net assets/fund balances | $7,580,434 |
Organization Name | Assets | Revenue |
---|---|---|
Aqua Water Supply Corporation Bastrop, TX | $136,381,619 | $28,670,097 |
Roosevelt County Electric Cooperative Incorporated Portales, NM | $65,511,753 | $18,141,245 |
City Corporation Russellville, AR | $192,508,552 | $18,660,828 |
Columbus Electric Cooperative Inc Deming, NM | $51,291,020 | $15,018,624 |
Texas Reliability Entity Inc Austin, TX | $5,509,609 | $14,208,096 |
Coleman County Electric Cooperative Inc Coleman, TX | $33,830,324 | $14,379,363 |
Fort Belknap Electric Cooperative Inc Olney, TX | $40,346,904 | $13,174,182 |
Mora-San Miguel Electric Cooperative Inc Mora, NM | $28,478,652 | $12,852,709 |
Ashley-Chicot Electric Cooperative Inc Hamburg, AR | $39,523,502 | $11,933,884 |
J-A-C Electric Cooperative Inc Henrietta, TX | $27,594,358 | $11,304,543 |
Sharyland Water Supply Corporation Alton, TX | $110,187,216 | $13,299,506 |
Farmers Electric Cooperative Corporation Newport, AR | $38,614,201 | $11,561,082 |