Ricardo Water Supply Corporation

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

EIN: 741590763 ✦ Kingsville, TX ✦ Designated as a 501(c)(12)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Ricardo Water Supply Corporation?

Ricardo Water Supply Corporation is a community-serving, member-owned non-profit entity based in Kingsville, Texas. Situated at 2300 E Sage Road, this corporation's primary mission is to provide and sell potable water to its members, catering to a customer base of 1076 households. The corporation's primary expenses involve the wholesale purchase of water for resale. Established in the picturesque locale of Ricardo, located in Kleberg County, the Ricardo Water Supply Corporation plays a crucial role in ensuring the community's water needs are met.


Official website here: www.ricardowsc.com

Is Ricardo Water Supply Corporation legitimate?

Ricardo Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Ricardo 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.ricardowsc.com

What is the mission statement of Ricardo Water Supply Corporation?

The Ricardo Water Supply Corporation, functioning as a non-profit organization, is dedicated to supplying and selling potable water to its member base. Its primary objective is to ensure the availability of clean drinking water for the community it serves. The corporation sources water for resale to its 1076 customers, with the cost of wholesale water purchases being its significant expense. The mission of the Ricardo Water Supply Corporation is essentially to facilitate the provision of potable water for its members, thereby contributing to their daily needs and overall well-being.


Official website here: www.ricardowsc.com

Who is the CEO of Ricardo Water Supply Corporation?

John Marez is the Principal Officer of Ricardo Water Supply Corporation.


Official website here: www.ricardowsc.com

What is the revenue of Ricardo Water Supply Corporation?

Ricardo Water Supply Corporation's revenue in 2021 was $940,578.


Official website here: www.ricardowsc.com

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


Here are 7 key members and their salaries:


Baldemar Garcia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Zavala (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oliver Hinojosa (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Garza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Fischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Escobedo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Robertson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ricardowsc.com

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

Ricardo Water Supply Corporation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.ricardowsc.com

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

Mission Statement of Ricardo Water Supply Corporation

Ricardo Water Supply Corporation, a member-owned and non-profit entity, is dedicated to supplying and selling potable water to its member community. Its primary objective is to ensure the availability of clean drinking water for the residents it serves. The corporation's mission is to procure water from wholesalers and resell it to its 1076 customers, thereby fulfilling their daily water needs. The corporation's largest expense is the purchase of water from wholesalers, reflecting its commitment to maintaining a reliable water supply for its members.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Ricardo Water Supply Corporation plays a vital role in the community of Ricardo, Texas, by providing essential potable water services to its members. Serving approximately 1,076 customers in Kleberg County, the Corporation ensures a reliable supply of clean water, which is critical for daily living and overall public health.

The Corporation's activities focus on the wholesale purchase of water, which is then distributed to its members, making it a central resource for the community. This service not only addresses the immediate needs of residents but also supports local growth and development. The commitment to supplying quality water aligns with the wellbeing of community members, underscoring the importance of access to reliable water sources for sustaining a healthy environment.




This information is meant to be a general summary of Ricardo 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
$940,578 (2021)
Expenses
$1,041,967 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $339
  • Program Service Revenue: $940,239
  • Gross Receipts: $940,578

Assets and Liabilities:

  • Total Assets: $5,743,145
  • Total Liabilities: $2,146,217
  • Net Assets: $3,596,928

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Water Sales

Revenue

$904,774

Customer Fees

Revenue

$35,465

Organization Details

Founding Year

1964

Principal Officer

John Marez

Main Address

2302 E Sage Road, Kingsville, TX, 78363

NTEE Category

Code: W80 - Public benefit

If you are a representative of Ricardo Water Supply Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.