Western Cass Water Supply Corp
- Assets
- $14.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Linden, TX
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 75-2506577
Organization Overview
Western Cass Water Supply Corp is located in Linden, TX. The organization was established in 2000. According to its NTEE Classification (K25) the organization is classified as: Farmland Preservation, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Western Cass Water Supply Corp employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Cass 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 12/2021, Western Cass Water Supply Corp generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 3.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE RURAL WATER SUPPLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE RURAL WATER SYSTEM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pearlee Wells Secretary/treas | OfficerTrustee | 0 | $6,000 |
Barney Cromer Vice President | OfficerTrustee | 0 | $0 |
Tommy Kessler President | OfficerTrustee | 0 | $0 |
Charles Cornett Director | Trustee | 0 | $0 |
Greg Fitts Director | Trustee | 0 | $0 |
Roy Barker Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,450,836 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,450,836 |
| 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. | $6,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $329,216 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,951 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,022 |
| Office expenses | $15,422 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,377 |
| Travel | $54,147 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $277,443 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $398,520 |
| Insurance | $90,452 |
| All other expenses | $0 |
| Total functional expenses | $1,596,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,406 |
| Savings and temporary cash investments | $455,149 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $71,626 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,905 |
| Net Land, buildings, and equipment | $13,476,877 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $74,039 |
| Total assets | $14,345,002 |
| Accounts payable and accrued expenses | $63,566 |
| Grants payable | $0 |
| 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 | $7,160,528 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,224,094 |
| Net assets without donor restrictions | $6,627,123 |
| Net assets with donor restrictions | $493,785 |
| 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 | $14,345,002 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Corn Growers Association Chesterfield, MO | $16,422,383 | $19,831,099 |
Weld Food Bank Greeley, CO | $11,364,016 | $19,346,172 |
South Plains Food Bank Inc Lubbock, TX | $28,298,795 | $20,514,484 |
The Food Bank Of Central Louisiana Inc Alexandria, LA | $12,555,817 | $16,824,841 |
Northwest Louisiana Food Bank Shreveport, LA | $26,081,123 | $19,803,576 |
Texas Farm Bureau Waco, TX | $1,072,770,797 | $25,839,501 |
Arkansas Farm Bureau Federation Little Rock, AR | $66,846,371 | $16,311,552 |
The Food Bank Of The Golden Crescent Victoria, TX | $12,570,962 | $19,539,613 |
High Plains Food Bank Amarillo, TX | $16,120,806 | $18,291,183 |
School Food & Nutrition Services Of New Orleans Inc New Orleans, LA | $8,906,777 | $17,589,117 |
Boulder Food Rescue Denver, CO | $1,631,753 | $15,905,183 |
Meals On Wheels And More Inc Austin, TX | $24,535,746 | $25,770,076 |