Springs Hill Water Supply Corp

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

EIN: 741610511 ✦ Seguin, TX ✦ Designated as a 501(c)(12)

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Overview

What is Springs Hill Water Supply Corp?

Springs Hill Water Supply Corp is a nonprofit organization, specifically categorized as a Rural Water Supply Corporation, situated in Seguin, Texas. Their primary mission is to ensure the availability of clean, potable water for homes and businesses situated in rural Guadalupe County. This vital service they offer plays a significant role in enhancing the quality of life for local residents, ensuring their daily needs are met with reliable water supply.


Official website here: www.springshill.org

Is Springs Hill Water Supply Corp legitimate?

Springs Hill Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Springs Hill Water Supply Corp 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: $100,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,148,059

For more financial information, click here


Official website here: www.springshill.org

What is the mission statement of Springs Hill Water Supply Corp?

Springs Hill Water Supply Corp, functioning as a Rural Water Supply Corporation, is dedicated to providing potable water to residential and commercial entities in rural Guadalupe County, Texas. The corporation's primary objective is to ensure a consistent supply of safe drinking water to its clientele, thereby contributing to their well-being and daily needs. By serving as a water provider, Springs Hill Water Supply Corp plays an essential role in supporting the rural community, ensuring that necessary water services are accessible and reliable.


Official website here: www.springshill.org

Who is the CEO of Springs Hill Water Supply Corp?

Daniel Pepin is the President of Springs Hill Water Supply Corp.


Official website here: www.springshill.org

What is the revenue of Springs Hill Water Supply Corp?

Springs Hill Water Supply Corp's revenue in 2022 was $10,369,764.


Official website here: www.springshill.org

Who are the executives of Springs Hill Water Supply Corp and what are their salaries?

The average compensation at Springs Hill Water Supply Corp during 2022 was $46,253. There are 27 employees at Springs Hill Water Supply Corp.


Here are 7 key members and their salaries:


James Martin (President)
  • Compensation: $750
  • Related: $0
  • Other: $0
Deborah Magin (Treasurer)
  • Compensation: $700
  • Related: $0
  • Other: $0
Bernie Mueller (Secretary)
  • Compensation: $700
  • Related: $0
  • Other: $0
Keith Steffen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Ramsey (Director)
  • Compensation: $1,350
  • Related: $0
  • Other: $0
Mike Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Pepin (General Mana)
  • Compensation: $100,482
  • Related: $0
  • Other: $8,751


Official website here: www.springshill.org

Where can I find the form 990 for Springs Hill Water Supply Corp?

Springs Hill Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.springshill.org

Learn more at the official website: www.springshill.org

Mission Statement of Springs Hill Water Supply Corp

Springs Hill Water Supply Corp, functioning as a Rural Water Supply Corporation, is dedicated to providing clean, potable water to households and businesses situated in rural Guadalupe County, Texas. Established in Seguin, TX, this corporation plays a crucial role in ensuring that rural communities have access to essential water resources, thereby contributing to their overall well-being. By serving as a Rural Water Supply Corporation, Springs Hill Water Supply Corp helps maintain the health and safety of its community members by ensuring a reliable and uninterrupted water supply.

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Impact




October, 2024

Springs Hill Water Supply Corp plays a crucial role in providing potable water to households and businesses in rural Guadalupe County, Texas. By serving as a Rural Water Supply Corporation, it ensures that residents in these areas have access to safe and clean drinking water, which is essential for public health and quality of life. The corporation's operations facilitate daily living, support local economies, and promote community well-being in Seguin and surrounding regions. Through its commitment to delivering reliable water supply services, Springs Hill Water Supply Corp contributes significantly to the sustainability and development of rural communities in Texas.




This information is meant to be a general summary of Springs Hill Water Supply Corp. 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
$10,369,764 (2022)
Expenses
$6,672,472 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $92,263
  • Program Service Revenue: $277,257
  • Gross Receipts: $13,639,089

Assets and Liabilities:

  • Total Assets: $41,969,334
  • Total Liabilities: $9,108,435
  • Net Assets: $32,860,899

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Programs

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

MEMBERSHIP FEES

Revenue

$277,257

Organization Details

Founding Year

1967

Principal Officer

Daniel Pepin

Main Address

PO BOX 29, SEGUIN, TX, 781550029

NTEE Category

Code: W80 - Public benefit

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