Sunko Water Supply Corporation

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

EIN: 741610533 ✦ Stockdale, TX ✦ Designated as a 501(c)(12)

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Overview

What is Sunko Water Supply Corporation?

Sunko Water Supply Corporation is a nonprofit organization situated in Stockdale, Texas. Its primary mission is to supply water for both domestic and agricultural purposes to its members. In 2022, they successfully provided an impressive volume of 177,770,400 gallons of water to a total of 1,630 customers. This crucial service ensures a reliable water source for the community and supports agricultural activities in the region.

Is Sunko Water Supply Corporation legitimate?

Sunko Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sunko 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: $14,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $358,293

For more financial information, click here

What is the mission statement of Sunko Water Supply Corporation?

Sunko Water Supply Corporation's primary mission is centered around providing water for both domestic and agricultural purposes to its members. In the year 2022, the corporation successfully supplied 177,770,400 gallons of water to over 1,630 customers. The corporation's sole commitment is to ensure a reliable water supply, serving as a vital resource for its members' daily needs and agricultural activities. While the corporation does not have a formal mission statement as such, its activities clearly demonstrate a dedication to delivering this essential service.

Who is the CEO of Sunko Water Supply Corporation?

Johnie Deagen is the President of Sunko Water Supply Corporation.

What is the revenue of Sunko Water Supply Corporation?

Sunko Water Supply Corporation's revenue in 2023 was $1,589,199.

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


Here are 7 key members and their salaries:


James Stewart Jr (Treasurer)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Jim Kotowski (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Bryan Mills (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Leroy Skloss (Vice President)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Jimmy Tackett (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Johnie Deagen (President)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Bejamin Kotara (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sunko Water Supply Corporation?

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

Mission Statement of Sunko Water Supply Corporation

Sunko Water Supply Corporation is dedicated to serving its members by providing them with water for both domestic and agricultural purposes. In 2022, the corporation successfully delivered 177,770,400 gallons of water to a total of 1,630 customers. This mission of Sunko Water Supply Corporation is crucial in ensuring that its members have access to a vital resource, contributing to their overall well-being. The corporation's primary focus is on providing this essential service, making a significant impact in the lives of its members.

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Impact




October, 2024

Sunko Water Supply Corporation plays a vital role in the Stockdale, TX community by providing essential water services for both domestic and agricultural use. In 2022, the corporation delivered an impressive 177,770,400 gallons of water to 1,630 customers, ensuring that households and farms have access to reliable water resources. This substantial output not only addresses the daily needs of residents but also supports local agriculture, contributing to the area's economic stability and growth. By connecting members to a consistent water supply, Sunko Water Supply Corporation enhances the quality of life for its customers and fosters a thriving community.




This information is meant to be a general summary of Sunko 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
$1,589,199 (2023)
Expenses
$1,290,507 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,979
  • Program Service Revenue: $1,586,220
  • Gross Receipts: $1,589,199

Assets and Liabilities:

  • Total Assets: $4,598,774
  • Total Liabilities: $1,140,256
  • Net Assets: $3,458,518

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Programs

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

METER INSTALLATION

Revenue

$165,179

MISCELLANEOUS INCOME

Revenue

$19,099

WATER SALES

Revenue

$1,401,942

Organization Details

Principal Officer

Johnie Deagen

Main Address

5186 STATE HIGHWAY 123 SOUTH, STOCKDALE, TX, 78160

NTEE Category

Code: W80 - Public benefit

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