S-Estates Water Supply Corporation is located in Weatherford, TX. The organization was established in 1996. 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. S-Estates 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 12/2021, S-Estates Water Supply Corporation generated $114.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $102.4k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED POTABLE WATER TO ITS 159 CUSTOMERS AT THE LOWEST POSSIBLE COST. ALL REVENUE IN EXCESS OF EXPENSES IS USED OR ACCUMULATED TO MAINTAIN FACILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Mckinney Secretary | 1 | $0 | |
Cheryl Cole Vice President | 1 | $0 | |
Stacy Vulgamore Officer | 1 | $0 | |
Marie Kaminski Officer | 1 | $0 | |
Mary Lou Vulgamore President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $114,787 |
Membership dues | $0 |
Investment income | $111 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $114,898 |
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 | $4,047 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $98,348 |
Total expenses | $102,395 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $197,564 |
Other assets | $0 |
Total assets | $225,264 |
Total liabilities | $0 |
Net assets or fund balances | $225,264 |
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