Marsha Water Supply Corporation
- Assets
- $395.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 74-2068667
Organization Overview
Marsha Water Supply Corporation is located in Austin, TX. The organization was established in 2018. 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. Marsha 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, Marsha Water Supply Corporation generated $191.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.0% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
NON-PROFIT WATER UTILITY ORGANIZED UNDER TEXAS WATER CODE CHAPTER 67 AS A MEMBER-OWNED, MEMBER-CONTROLLED, MEMBER-BENEFITS CO-OPERATIVE CORPORATION. MARSHA WSC PROVIDES WATER SERVICE TO THE PAMELA HEIGHTS SUBDIVISION IN TRAVIS COUNTY, TEXAS, SERVING PRESENTLY 160 CONNECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Raemon Secretary/treasurer | 1 | $14,700 | |
Robert Rodriguez Vice President | 1 | $5,590 | |
Roland Martinez President | 1 | $5,250 | |
Stephanie Litton Director | 1 | $775 | |
Carl Hample Director | 1 | $500 | |
Rosie Diaz Director | 1 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $191,241 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $191,287 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,114 |
| Professional fees and other payments to independent contractors | $46,521 |
| Occupancy, rent, utilities, and maintenance | $12,364 |
| Printing, publications, postage, and shipping | $2,965 |
| Other expenses | $86,706 |
| Total expenses | $178,670 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $265,320 |
| Other assets | $0 |
| Total assets | $395,030 |
| Total liabilities | $220,700 |
| Net assets or fund balances | $174,330 |
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