Overview
What is Central Texas Regional Water Supply Corporation?
The Central Texas Regional Water Supply Corporation (CTR) is a nonprofit water supply organization based in San Antonio, Texas, established under Chapter 67 of the Texas Water Code. Its primary mission involves acquiring necessary easements and other land access rights, as well as constructing, owning, and operating a water conveyance pipeline and related facilities. The corporation came to life on April 15, 2020, and serves a single purpose: to deliver potable water to the San Antonio Water System (SAWS), a department of the City of San Antonio. By bringing water to SAWS, CTR plays a crucial role in ensuring a consistent water supply for the city's residents.
Official website here: www.ctrwsc.org
Is Central Texas Regional Water Supply Corporation legitimate?
Central Texas Regional Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Central Texas Regional Water Supply Corporation submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ctrwsc.org
What is the mission statement of Central Texas Regional Water Supply Corporation?
The Central Texas Regional Water Supply Corporation (CTR) is a non-profit water supply organization established under Chapter 67 of the Texas Water Code. Its primary objective is to obtain necessary easements and other land access rights, as well as build, own, and run a water conveyance pipeline and related facilities. Since April 15, 2020, the corporation's pipeline has been operational, and its role is to transport water for delivery to the San Antonio Water System (SAWS). As a department of the City of San Antonio, Texas, SAWS is the recipient of all water conveyed by CTR.
Official website here: www.ctrwsc.org
Who is the CEO of Central Texas Regional Water Supply Corporation?
Christoper Powers is the Principal Officer of Central Texas Regional Water Supply Corporation.
Official website here: www.ctrwsc.org
What is the revenue of Central Texas Regional Water Supply Corporation?
Central Texas Regional Water Supply Corporation's revenue in 2022 was $31,401,737.
Official website here: www.ctrwsc.org
Who are the executives of Central Texas Regional Water Supply Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ctrwsc.org
Where can I find the form 990 for Central Texas Regional Water Supply Corporation?
Central Texas Regional Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ctrwsc.org
Learn more at the official website: www.ctrwsc.org
Mission Statement of Central Texas Regional Water Supply Corporation
Central Texas Regional Water Supply Corporation (CTR), a non-profit water supply corporation, was established in accordance with Chapter 67 of the Texas Water Code. CTR's primary objective was to acquire essential easements and other land access rights, and to construct, own, and operate a water conveyance pipeline and associated facilities. This pipeline, which began commercial operations on April 15, 2020, serves a vital role in transferring water for delivery to the San Antonio Water System (SAWS), a department of the City of San Antonio, Texas.
In simpler terms, the Central Texas Regional Water Supply Corporation was founded to accomplish several key tasks. First, it was responsible for acquiring the necessary land access rights. Second, it undertakes the construction, ownership, and operation of a water pipeline and related infrastructure. Lastly, all of the water transported through the pipeline is destined for the San Antonio Water System. This collaboration between CTR and SAWS ensures that water is effectively conveyed to its intended destination, ultimately benefiting the residents of San Antonio.
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Impact
October, 2024
Central Texas Regional Water Supply Corporation plays a pivotal role in enhancing water supply infrastructure for the San Antonio area. By acquiring necessary easements and constructing a water conveyance pipeline, CTR facilitates the efficient transportation of potable water to the San Antonio Water System (SAWS), significantly contributing to the region's water security.
Since commencing commercial operations on April 15, 2020, the corporation has ensured a reliable delivery of water to meet the growing demands of the community. This operation not only supports public health and safety by providing access to clean water but also aids in sustaining the economic vitality of San Antonio and its surroundings. Additionally, CTR's initiatives foster collaboration between various entities involved in water management, promoting responsible water use and conservation efforts in Central Texas.
This information is meant to be a general summary of Central Texas Regional 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,420,094
- Program Service Revenue: $11,981,643
- Gross Receipts: $31,401,737
Assets and Liabilities:
- Total Assets: $805,879,525
- Total Liabilities: $848,861,806
- Net Assets: -$42,982,281
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PIPELINE OPERATIONS REVENUE
Revenue
$11,981,643
Organization Details
Founding Year
2014
Phone
(512) 212-4525Principal Officer
Christoper Powers
Main Address
11010 COACHLIGHT ST 202, SAN ANTONIO, TX, 78216
Website
www.ctrwsc.orgNTEE Category
Code: W80 - Public benefit
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