Dog Ridge Water Supply Corporation
- Assets
- $5.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Belton, TX
- Founding
- 05/1979
- Data as of
- 09/2022
- EIN
- 74-1996973
Organization Overview
Dog Ridge Water Supply Corporation is located in Belton, TX. The organization was established in 1979. 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, Dog Ridge Water Supply Corporation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dog Ridge 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, Dog Ridge Water Supply Corporation generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.7m during the year ending 09/2022. While expenses have increased by 1.6% 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 1,624 RURAL MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE POTABLE WATER FOR APPROXIMATELY 1,624 RURAL MEMBERS
TO PROVIDE POTABLE WATER FOR APPROXIMATELY 1,624 RURAL MEMBERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mauro Cortez President | OfficerTrustee | 1 | $0 |
Thomas Daugherty Vice Preside | OfficerTrustee | 1 | $0 |
Anjela Martinez Secretary/tr | OfficerTrustee | 1 | $0 |
Larry Green Director | Trustee | 1 | $0 |
Mark Mahler Director | Trustee | 1 | $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 | $1,850,741 |
| Investment income | $19,813 |
| 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 | $1,875,529 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $227,065 |
| Pension plan accruals and contributions | $3,768 |
| Other employee benefits | $27,119 |
| Payroll taxes | $17,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,236 |
| Fees for services: Accounting | $8,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,580 |
| Advertising and promotion | $80 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $87,080 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $166,022 |
| Insurance | $26,562 |
| All other expenses | $55,456 |
| Total functional expenses | $1,727,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,452,080 |
| Savings and temporary cash investments | $346,459 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $146,840 |
| 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 | $23,426 |
| Net Land, buildings, and equipment | $2,997,676 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $4,966,981 |
| Accounts payable and accrued expenses | $21,293 |
| 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 | $1,757,881 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,779,174 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $236,590 |
| Paid-in or capital surplus, or land, building, or equipment fund | $498,033 |
| Retained earnings, endowment, accumulated income, or other funds | $2,453,184 |
| Total liabilities and net assets/fund balances | $4,966,981 |
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|---|---|---|
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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 |