Nogalus Prairie Water Supply Corporation, operating under the name Nogalus-Centralia Water Supply, is located in Apple Springs, TX. The organization was established in 1977. 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. Nogalus-Centralia Water Supply 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, Nogalus-Centralia Water Supply generated $148.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $143.6k during the year ending 12/2023. While expenses have increased by 7.3% 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 Program Activity:
Part 3
RURAL WATER SUPPLY COMPANY SUPPLYING FRESH WATER TO APPROX 240 MEMBERE/CUSTOMERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bryan Mcmullen President | 1 | $0 | |
Robert Walding Sec/treas | 1 | $0 | |
Brian Mcmullen Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $148,257 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $660 |
Total Revenue | $148,917 |
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 | $67,025 |
Occupancy, rent, utilities, and maintenance | $8,426 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $68,150 |
Total expenses | $143,601 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $192,405 |
Other assets | $0 |
Total assets | $465,733 |
Total liabilities | $116,253 |
Net assets or fund balances | $349,480 |