The Woods Water Supply Corporation
- Assets
- $125.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kerrville, TX
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 74-2463795
Organization Overview
The Woods Water Supply Corporation is located in Kerrville, TX. The organization was established in 1988. 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. Woods 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, Woods Water Supply Corporation generated $53.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $45.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. 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
PROVIDING CONTINUOUS AND SAFE POTABLE DRINKING WATER TO RESIDENTS OF THE WOODS SUBDIVISION OF KERR COUNTY, TEXAS, SINCE 1981.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Fritz President | 3.75 | $0 | |
Carla Earnhardt Treasurer | 3.75 | $0 | |
JD Horton Director | 2.5 | $0 | |
Katie Williams Secretary | 2.5 | $0 | |
Vernon Stahl Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $52,945 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2 |
| Total Revenue | $53,247 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,402 |
| Occupancy, rent, utilities, and maintenance | $13,577 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,444 |
| Total expenses | $45,423 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,676 |
| Other assets | $0 |
| Total assets | $125,590 |
| Total liabilities | $200 |
| Net assets or fund balances | $125,390 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sierra Electric Cooperative Inc Elephant Butte, NM | $28,287,663 | $9,920,270 |
Kempner Water Supply Corporation Kempner, TX | $46,955,642 | $10,456,487 |
Manville Water Supply Corporation Coupland, TX | $109,988,444 | $18,573,259 |
Bethesda Water Supply Corporation Burleson, TX | $36,838,257 | $9,659,977 |
East Rio Hondo Water Supply Corporation Rio Hondo, TX | $63,118,538 | $9,151,947 |
Agc Of Texas Highway Heavy Utilities & Industrial Branch Austin, TX | $17,850,267 | $8,346,653 |
Sardis Lone Elm Water Supply Midlothian, TX | $34,981,504 | $8,597,033 |
Dona Ana Mutual Domestic Water Consumers Assn Dona Ana, NM | $63,609,549 | $7,177,936 |
Oklahoma Association Of Electric Cooperatives Inc Oklahoma City, OK | $7,878,681 | $6,331,972 |
Springs Hill Water Supply Corporation Seguin, TX | $37,314,474 | $9,616,951 |
Central Texas Water Supply Corporation Harker Heights, TX | $32,847,365 | $5,593,404 |
Northern Rio Arriba Electric Cooperative Inc Chama, NM | $21,086,922 | $4,952,359 |