The Woods Water Supply Corporation
- Assets
- $131.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kerrville, TX
- Founding
- 06/1988
- Data as of
- 12/2022
- 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 12/2022, Woods Water Supply Corporation generated $52.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $46.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 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
2022
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 |
|---|---|---|---|
JD Horton Director | 2.5 | $0 | |
Vernon Stahl Director | 2.5 | $0 | |
Bernard Fritz President | 3.75 | $0 | |
Clint Brown Treasurer | 3.75 | $0 | |
Lane Sinclair Secretary | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
| Total Program Service Revenue | $51,913 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12 |
| Total Revenue | $51,975 |
| 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 | $5,255 |
| Occupancy, rent, utilities, and maintenance | $17,749 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,268 |
| Total expenses | $46,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,412 |
| Other assets | $0 |
| Total assets | $131,293 |
| Total liabilities | $200 |
| Net assets or fund balances | $131,093 |