Wimberly Water Supply Corporation

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

EIN: 741561165 ✦ Wimberley, TX ✦ Designated as a 501(c)(12)

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Overview

What is Wimberly Water Supply Corporation?

Wimberly Water Supply Corporation is a nonprofit organization, situated in Wimberley, Texas, primarily established to cater to the potable water needs of approximately 1,900 residents, including city dwellers and rural inhabitants in the surrounding areas. The organization's primary goal is to supply treated groundwater, currently serving approximately 1,828 members. With a compact team of seven employees, Wimberly Water Supply Corporation plays a vital role in ensuring a consistent water supply for the community, contributing to their daily lives and overall well-being.


Official website here: www.wimberleywatersupplycorp.com

Is Wimberly Water Supply Corporation legitimate?

Wimberly Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wimberly 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: $12,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $514,602

For more financial information, click here


Official website here: www.wimberleywatersupplycorp.com

What is the mission statement of Wimberly Water Supply Corporation?

The Wimberly Water Supply Corporation's mission is to provide treated groundwater to approximately 1,828 individuals, encompassing both rural members and city residents. Established with the purpose of ensuring a potable water supply, the corporation serves the community of Wimberley, Texas, and its surrounding rural areas. The corporation's main objective is to deliver clean and safe water to its members, contributing to their overall well-being and daily living.


Official website here: www.wimberleywatersupplycorp.com

Who is the CEO of Wimberly Water Supply Corporation?

Martin Walker is the President of Wimberly Water Supply Corporation.


Official website here: www.wimberleywatersupplycorp.com

What is the revenue of Wimberly Water Supply Corporation?

Wimberly Water Supply Corporation's revenue in 2022 was $1,497,071.


Official website here: www.wimberleywatersupplycorp.com

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

The average compensation at Wimberly Water Supply Corporation during 2022 was $75,307. There are 7 employees and 2 volunteers at Wimberly Water Supply Corporation.


Here are 10 key members and their salaries:


Martin Walker (President)
  • Compensation: $1,750
  • Related: $0
  • Other: $0
Matt Meeks (1St Vice President)
  • Compensation: $1,050
  • Related: $0
  • Other: $0
Larry Catt (2Nd Vice President)
  • Compensation: $1,650
  • Related: $0
  • Other: $0
Gail Pigg (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Jaggers (Director)
  • Compensation: $700
  • Related: $0
  • Other: $0
Tim Naylor (Director)
  • Compensation: $1,350
  • Related: $0
  • Other: $0
Scott Johnson (Director)
  • Compensation: $900
  • Related: $0
  • Other: $0
Charles Roccaforte (Director)
  • Compensation: $1,650
  • Related: $0
  • Other: $0
Steven Dunks (Director Thru April 2022)
  • Compensation: $800
  • Related: $0
  • Other: $0
Carroll Czichos (Advisory Director)
  • Compensation: $600
  • Related: $0
  • Other: $0


Official website here: www.wimberleywatersupplycorp.com

Where can I find the form 990 for Wimberly Water Supply Corporation?

Wimberly Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wimberleywatersupplycorp.com

Learn more at the official website: www.wimberleywatersupplycorp.com

Mission Statement of Wimberly Water Supply Corporation

Wimberly Water Supply Corporation, in its mission, strives to supply treated groundwater to approximately 1,828 individuals living in rural areas and city residences. Established with the primary objective of ensuring a potable water supply for the community of Wimberley, Texas, and its surrounding rural regions, this organization plays a vital role in meeting the water needs of its members. By furnishing treated groundwater, Wimberly Water Supply Corporation contributes to the overall well-being and health of the community, ensuring a reliable and clean water source for its residents.

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Impact




October, 2024

Wimberley Water Supply Corporation plays a crucial role in providing a reliable source of treated groundwater for approximately 1,828 rural members and residents in the Wimberley, TX area. By ensuring access to potable water, the organization directly supports the health and well-being of the local community, enabling residents to enjoy essential services and improving their quality of life. This initiative not only meets a fundamental human need but also fosters community sustainability and development in the surrounding rural areas. Through its dedicated efforts, Wimberley Water Supply Corporation contributes significantly to the resilience and growth of the Wimberley community.




This information is meant to be a general summary of Wimberly 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
$1,497,071 (2022)
Expenses
$1,343,774 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,772
  • Program Service Revenue: $1,499,816
  • Gross Receipts: $1,497,071

Assets and Liabilities:

  • Total Assets: $8,982,530
  • Total Liabilities: $162,830
  • Net Assets: $8,819,700

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Metered Water Sales

Revenue

$1,325,250

Equity Buy In Fees

Revenue

$129,069

Meter Installation

Revenue

$41,675

Transfer Fees

Revenue

$3,222

City of Wimberly Water Use Date

Revenue

$600

Organization Details

Founding Year

1964

Principal Officer

Martin Walker

Main Address

PO Box 10, Wimberley, TX, 78676

NTEE Category

Code: W80 - Public benefit

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