Lohn Water Supply Corporation is located in Lohn, TX. The organization was established in 1964. 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. Lohn 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 12/2023, Lohn Water Supply Corporation generated $64.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $134.8k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WATER SALES IN LOHN, TEXAS AREA
Describe the Organization's Program Activity:
Part 3
PRODUCTION AND SALE OF WATER IN LOHN, TEXAS AREA.
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ed Littell President | 0 | $0 | |
Fred Davila Vice Preside | 0 | $0 | |
Ken Mcguff Secretary-Tr | 0 | $0 | |
Charles Garner Director | 0 | $0 | |
Wyatt Crotwell Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $64,567 |
Membership dues | $0 |
Investment income | $226 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $64,793 |
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 | $2,418 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $132,426 |
Total expenses | $134,844 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,722 |
Other assets | $0 |
Total assets | $365,862 |
Total liabilities | $0 |
Net assets or fund balances | $365,862 |