El Jardin Water Supply Corporation
- Assets
- $6.9m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 14
- Location
- Brownsville, TX
- Founding
- 12/1971
- Data as of
- 12/2020
- EIN
- 74-6077016
Organization Overview
El Jardin Water Supply Corporation is located in Brownsville, TX. The organization was established in 1971. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2020, El Jardin Water Supply Corporation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Jardin 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 12/2020, El Jardin Water Supply Corporation generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2020. While expenses have increased by 4.1% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS A MEMBER-OWNED, NON-PROFIT CORPORATION WHICH BEGAN ON 04/01/1968 FOR THE PURPOSE OF PROVIDING A POTABLE WATER UTILITY SERVICE FOR RURAL RESIDENTS LOCATED NEAR BROWNSVILLE,TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE WATER AND IRRIGATION SERVICES FOR AREAS NOT SERVED BY LOCAL UTILITIES.
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cesario M Leal III President & CEO | OfficerTrustee | 1 | $0 |
Eliceo Munoz Vice President | OfficerTrustee | 1 | $0 |
Pat Schumacher Secretary/treas | OfficerTrustee | 1 | $0 |
Luciano Rosenbaum Director | Trustee | 1 | $0 |
Juan M Lira Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $96,013 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,013 |
| Total Program Service Revenue | $41,778 |
| Investment income | $50,462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,214,542 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,640,855 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $403,511 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,403 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,151 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,418 |
| Office expenses | $44,878 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $628 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $103,597 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $348,693 |
| Insurance | $37,997 |
| All other expenses | $102,946 |
| Total functional expenses | $1,434,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,698 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $172,353 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $51,329 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $49,259 |
| Net Land, buildings, and equipment | $3,851,292 |
| Investments—publicly traded securities | $1,583,969 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $655,145 |
| Total assets | $6,857,045 |
| Accounts payable and accrued expenses | $257,955 |
| Grants payable | $1,950,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $35,758 |
| Total liabilities | $2,243,713 |
| Net assets without donor restrictions | $4,099,213 |
| Net assets with donor restrictions | $514,119 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,857,045 |
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|---|---|---|
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Mora-San Miguel Electric Cooperative Inc Mora, NM | $28,478,652 | $12,852,709 |
Ashley-Chicot Electric Cooperative Inc Hamburg, AR | $39,523,502 | $11,933,884 |
J-A-C Electric Cooperative Inc Henrietta, TX | $27,594,358 | $11,304,543 |
Sharyland Water Supply Corporation Alton, TX | $110,187,216 | $13,299,506 |
Farmers Electric Cooperative Corporation Newport, AR | $38,614,201 | $11,561,082 |