Aquilla Water Supply Corporation
- Assets
- $115.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aquilla, TX
- Founding
- 05/1962
- Data as of
- 12/2022
- EIN
- 74-6060756
Organization Overview
Aquilla Water Supply Corporation is located in Aquilla, TX. The organization was established in 1962. 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. Aquilla 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, Aquilla Water Supply Corporation generated $105.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $102.0k during the year ending 12/2022. While expenses have increased by 8.4% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PUMPING, DISTRIBUTION, & SALE OF WATER TO ABOUT 110 MEMBER USERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Harrison Bookkeeper | 3 | $11,397 | |
Jason Hamner System Operator | 3 | $14,806 | |
Courtney Lewis Secretary | 1 | $0 | |
Dean Wade Vice-President | 1 | $0 | |
Ronnie Gerik President | 1 | $0 | |
Frank Urbanovsky Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $105,152 |
| Membership dues | $0 |
| Investment income | $280 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,432 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,135 |
| Professional fees and other payments to independent contractors | $5,487 |
| Occupancy, rent, utilities, and maintenance | $45,799 |
| Printing, publications, postage, and shipping | $1,552 |
| Other expenses | $24,065 |
| Total expenses | $102,038 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,889 |
| Other assets | $0 |
| Total assets | $115,393 |
| Total liabilities | $55,997 |
| Net assets or fund balances | $59,396 |