Bosque Basin Water Supply Corporation is located in China Spring, TX. The organization was established in 1991. 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. Bosque Basin 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, Bosque Basin Water Supply Corporation generated $105.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $67.7k during the year ending 12/2022. While expenses have increased by 3.2% 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
PROVISION OF POTABLE WATER SERVICE TO 72 FAMILIES COMPRISED OF 216 CUSTOMERS IN THE CHINA SPRING, TX AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Snokhous President | 1.25 | $0 | |
Joyce Ver0na Vice President | 0.25 | $0 | |
Pat Helona Secretary/treasurer | 0.5 | $0 | |
Ray Prewitt Director | 0.25 | $0 | |
Chris Bryan Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $104,094 |
Membership dues | $1,200 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $425 |
Total Revenue | $105,719 |
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 | $21,079 |
Occupancy, rent, utilities, and maintenance | $19,482 |
Printing, publications, postage, and shipping | $72 |
Other expenses | $27,104 |
Total expenses | $67,737 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $108,216 |
Other assets | $0 |
Total assets | $406,933 |
Total liabilities | $0 |
Net assets or fund balances | $406,933 |
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