Sheridan Water Supply Corporation

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

EIN: 741892173 ✦ Sheridan, TX ✦ Designated as a 501(c)(12)

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Overview

What is Sheridan Water Supply Corporation?

Sheridan Water Supply Corporation is a vital organization serving a rural community. Their primary mission is to ensure the provision of reliable public water and sewer services. They cater to an average of 362 residential users and 15 businesses for water, and 190 residential users and 11 businesses for sewer services annually. This nonprofit is dedicated to maintaining the essential infrastructure needed for clean water and waste management, thereby enhancing the quality of life in their community.

Is Sheridan Water Supply Corporation legitimate?

Sheridan Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sheridan 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: $125,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,510

For more financial information, click here

What is the mission statement of Sheridan Water Supply Corporation?

The Sheridan Water Supply Corporation is dedicated to providing essential public water and sewer services to a rural community. It serves an average of 362 residential users and 15 business users for water, and 190 residential users and 11 business users for sewer during the current year. The corporation's mission is centered around ensuring reliable access to these essential utilities, contributing to the well-being and daily needs of the community it serves.

Who is the CEO of Sheridan Water Supply Corporation?

Regena Williamson is the President of Sheridan Water Supply Corporation.

What is the revenue of Sheridan Water Supply Corporation?

Sheridan Water Supply Corporation's revenue in 2022 was $476,352.

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

The average compensation at Sheridan Water Supply Corporation during 2022 was $19,168. There are 7 employees and 4 volunteers at Sheridan Water Supply Corporation.


Here are 7 key members and their salaries:


Regena Williamson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Tengler (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vernita Dopslauf (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fuller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Misty Sanders (Key Employee)
  • Compensation: $47,205
  • Related: $0
  • Other: $0
Michael Beyette (Key Employee)
  • Compensation: $78,463
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sheridan Water Supply Corporation?

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

Mission Statement of Sheridan Water Supply Corporation

Sheridan Water Supply Corporation, as a public utility organization, is dedicated to providing essential water and sewer services to a rural community. Its mission is to ensure the delivery of clean and reliable water supply and sewerage facilities to its residential and business users. On a typical day, the corporation serves around 362 households and 15 businesses for water, while catering to 190 residential and 11 business users for sewer needs. By providing these essential services, Sheridan Water Supply Corporation contributes significantly to the well-being and comfort of its community, ensuring a basic necessity for daily living.

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Impact




October, 2024

Sheridan Water Supply Corporation plays a vital role in ensuring access to essential water and sewer services in the rural community of Sheridan, Texas. By providing these critical utilities, the corporation supports an average of 362 residential users and 15 business users for water, alongside 190 residential users and 11 businesses for sewer services.

This access to reliable water and sanitation is foundational for public health, helping to prevent waterborne diseases and contribute to the overall well-being of the community. Moreover, by facilitating water service to local businesses, Sheridan Water Supply Corporation aids in supporting the local economy, promoting growth and sustainability within the region.

In essence, the corporation's commitment to delivering quality water and sewer services fosters a healthier, more connected community, while also enabling economic development and enhancing residents' quality of life.




This information is meant to be a general summary of Sheridan 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
$476,352 (2022)
Expenses
$482,550 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $260
  • Program Service Revenue: $466,173
  • Gross Receipts: $499,635

Assets and Liabilities:

  • Total Assets: $2,265,712
  • Total Liabilities: $1,654,063
  • Net Assets: $611,649

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Programs

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

PUBLIC WATER SERVICE

Revenue

$293,923

PUBLIC SEWER SERVICE

Revenue

$169,150

MEMBERSHIPS

Revenue

$3,100

Organization Details

Founding Year

1964

Principal Officer

Regena Williamson

Main Address

PO BOX 206, SHERIDAN, TX, 774750206

NTEE Category

Code: W80 - Public benefit

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