Brice & Lesley Water Supply Corp
- Assets
- $273.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeview, TX
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 75-2843581
Organization Overview
Brice & Lesley Water Supply Corp is located in Lakeview, TX. The organization was established in 2010. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brice & Lesley 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, Brice & Lesley Water Supply Corp generated $106.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $102.1k during the year ending 12/2021. While expenses have increased by 3.9% 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 CORPORATION WAS FORMED FOR THE PURPOSE OF FURNISHING WATER SUPPLY FOR GENERAL FARM USE AND DOMESTIC PURPOSES TO INDIVIDUALS RESIDING IN THE RURAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William D Thornberry President | 0 | $0 | |
Sandy Smith Vice President | 0 | $0 | |
Josh Brooks Secretary | 0 | $0 | |
Jim Rodgers Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $106,113 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,131 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,285 |
| Professional fees and other payments to independent contractors | $1,783 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $512 |
| Other expenses | $94,513 |
| Total expenses | $102,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,128 |
| Other assets | $0 |
| Total assets | $273,272 |
| Total liabilities | $231 |
| Net assets or fund balances | $273,041 |
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