Murvaul Water Supply Corp
- Assets
- $365.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gary, TX
- Founding
- 06/1968
- Data as of
- 12/2023
- EIN
- 75-1252079
Organization Overview
Murvaul Water Supply Corp is located in Gary, TX. The organization was established in 1968. 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. Murvaul Water Supply Corp 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, Murvaul Water Supply Corp generated $164.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $140.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER TO RURAL COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Pauley President | 1 | $0 | |
David Godwin Vice-President | 1 | $0 | |
Mike Vanderslice Secretary/treasurer | 1 | $0 | |
Bryan Pauley Board Of Director | 1 | $0 | |
Joseph Barmik Board Of Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $159,151 |
| Membership dues | $0 |
| Investment income | $1,279 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,500 |
| Total Revenue | $164,930 |
| 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 | $36,600 |
| Occupancy, rent, utilities, and maintenance | $36,562 |
| Printing, publications, postage, and shipping | $1,768 |
| Other expenses | $65,781 |
| Total expenses | $140,711 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $179,018 |
| Other assets | $0 |
| Total assets | $365,849 |
| Total liabilities | $27,549 |
| Net assets or fund balances | $338,300 |