Jamestown Water Supply Corporation is located in Newton, TX. The organization was established in 1998. 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. Jamestown 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, Jamestown Water Supply Corporation generated $112.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $90.4k during the year ending 12/2021. While expenses have increased by 3.5% 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
THIS ORGANIZATION PROVIDES WATER SALES AND SERVICE TO A RURAL COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Tukes Director | 1 | $0 | |
England Twine Jr Director | 1 | $0 | |
John Ross President | 1 | $0 | |
Thomas Hawthorne Director | 1 | $0 | |
Harrison Sells Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $112,314 |
Membership dues | $0 |
Investment income | $240 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $112,554 |
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 | $52,715 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $37,636 |
Total expenses | $90,351 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $143,964 |
Other assets | $0 |
Total assets | $145,314 |
Total liabilities | $3,901 |
Net assets or fund balances | $141,413 |
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