Overview
What is Rio Water Supply Corporation?
The Rio Water Supply Corporation is a nonprofit organization situated in Rio Grande City, Texas. Its primary mission is to cater to the water needs of low and moderate-income families. The corporation offers various programs to achieve this goal, with a notable focus on providing water to its target demographic. By offering this essential resource, the organization aims to contribute positively to the community's well-being.
Is Rio Water Supply Corporation legitimate?
Rio Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rio 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: $442,586
For more financial information, click here
What is the mission statement of Rio Water Supply Corporation?
The Rio Water Supply Corporation is dedicated to serving low to moderate income families by providing them with essential water resources. Their mission encompasses offering water provisions to those who fall under the specified income brackets. The corporation operates various programs specifically designed to cater to the water needs of these income groups. While the location of the corporation is not mentioned in the provided information, it is known to be based in Rio Grande City, Texas.
What is the revenue of Rio Water Supply Corporation?
Rio Water Supply Corporation's revenue in 2023 was $2,051,448.
Who are the executives of Rio Water Supply Corporation and what are their salaries?
The average compensation at Rio Water Supply Corporation during 2023 was $26,034. There are 17 employees at Rio Water Supply Corporation.
Here are 4 key members and their salaries:
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
Where can I find the form 990 for Rio Water Supply Corporation?
Rio Water Supply Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Rio Water Supply Corporation
Rio Water Supply Corporation, as its name suggests, is a mission-driven organization dedicated to providing water services. Its primary focus is on serving low to moderate income families, offering them essential water resources. The corporation's programs are tailored to cater to this specific demographic, ensuring that they have access to this fundamental necessity. The organization's actions are centered around providing water to its low and moderate income members, making a significant impact on the lives of these families.
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Impact
October, 2024
Rio Water Supply Corporation has a significant impact on the community by ensuring that low to moderate income families in Rio Grande City, TX, have access to essential water services. By providing affordable water, the corporation plays a vital role in improving the quality of life for its members, facilitating better health outcomes, and supporting local economic stability. The programs they implement directly address the needs of those who may struggle to afford basic utilities, thereby promoting equity and public benefit within the region. This contribution is particularly crucial in areas where limited financial resources can hinder access to fundamental needs, demonstrating the corporation's commitment to fostering a healthier and more sustainable community.
This information is meant to be a general summary of Rio 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 2023.
- Program Service Revenue: $2,051,448
- Gross Receipts: $2,051,448
Assets and Liabilities:
- Total Assets: $11,699,692
- Total Liabilities: $7,164,871
- Net Assets: $4,534,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Water Sales
Revenue
$1,701,118
Installation
Revenue
$350,330
Organization Details
Founding Year
1974
Principal Officer
Carlos Delgado
NTEE Category
Code: W80 - Public benefit
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