Bourland Estates Water Supply Corporation is located in Cresson, TX. The organization was established in 2019. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, 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. Bourland 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 12/2023, Bourland Estates Water Supply Corporation generated $82.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $74.2k during the year ending 12/2023. While expenses have increased by 25.4% per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER TO WATER USERS WITHIN THE CCN AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Clement Bewsc President | 2 | $0 | |
Mary Jane Butt Bewsc Treasurer | 3 | $0 | |
Kenny Seaman Bewsc Bod | 1 | $0 | |
Debra Hensley Bewscbod | 1 | $0 | |
Mike Reisz Bewsc Bod | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $82,316 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $82,316 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $900 |
Professional fees and other payments to independent contractors | $43,121 |
Occupancy, rent, utilities, and maintenance | $27,124 |
Printing, publications, postage, and shipping | $416 |
Other expenses | $2,621 |
Total expenses | $74,182 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $97,395 |
Other assets | $0 |
Total assets | $193,544 |
Total liabilities | $0 |
Net assets or fund balances | $193,544 |