Tbm Resident Water Supply Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264315621 ✦ New braunfels, TX ✦ Designated as a 501(c)(4)

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Overview

What is Tbm Resident Water Supply Corporation?

Tbm Resident Water Supply Corporation is a local utility company situated in New Braunfels, Texas. Serving a community comprising 49 single-family and 55 multi-family units, their primary function is to ensure the distribution of clean water. They oversee the operation and maintenance of the water well plant and are responsible for managing the distribution services. This essential service ensures a reliable water supply for the community, contributing to their overall well-being.

Is Tbm Resident Water Supply Corporation legitimate?

Tbm Resident Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Tbm Resident Water Supply Corporation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Tbm Resident Water Supply Corporation?

TBM Resident Water Supply Corporation is dedicated to delivering water distribution services to a residential community. Specifically, they manage and operate a water well plant and ensure the proper functioning of the distribution system, serving 49 single-family and 55 multi-family units. While the provided information does not specify an explicit mission statement, it suggests that their primary goal is to provide reliable and efficient water services to their community in New Braunfels, Texas.

Who is the CEO of Tbm Resident Water Supply Corporation?

Unavailable

What is the revenue of Tbm Resident Water Supply Corporation?

Tbm Resident Water Supply Corporation's revenue in 2023 was $177,213.

Who are the executives of Tbm Resident Water Supply Corporation and what are their salaries?


Here are 3 key members and their salaries:


Jonathan Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Callahan (Director)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
Paul Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Tbm Resident Water Supply Corporation?

Tbm Resident Water Supply Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Tbm Resident Water Supply Corporation

TBM Resident Water Supply Corporation is committed to delivering water distribution services to a residential community, serving a total of 104 units, including single-family homes and multi-family dwellings. This nonprofit organization manages and operates a water well plant and ensures the smooth functioning of the distribution services. By maintaining these essential facilities, TBM Resident Water Supply Corporation plays a vital role in providing a reliable water supply to its community members, ensuring their daily needs are met.

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Impact




October, 2024

TBM Resident Water Supply Corporation plays a crucial role in ensuring access to clean and reliable water for a community that includes 49 single-family homes and 55 multi-family units in New Braunfels, TX. By maintaining and operating the water well plant and distribution services, they support the residents’ daily needs and enhance the quality of life. This reliable water supply is essential for health, hygiene, and overall community well-being, directly impacting residents’ lifestyles and property values. Additionally, by providing consistent service, TBM Resident Water Supply Corporation fosters a sense of community and encourages sustainable living practices among residents.




This information is meant to be a general summary of Tbm Resident Water Supply Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$177,213 (2023)
Expenses
$133,742 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $177,213
  • Gross Receipts: $177,213

Assets and Liabilities:

  • Total Assets: $499,765
  • Total Liabilities: $408,422
  • Net Assets: $91,343

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Organization Details

Main Address

1 Sunset Bend, New Braunfels, TX, 78132

NTEE Category

Code: W80 - Public benefit

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