Rincon Water Supply Corporation

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

EIN: 741938355 ✦ Taft, TX ✦ Designated as a 501(c)(12)

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Overview

What is Rincon Water Supply Corporation?

Rincon Water Supply Corporation is a nonprofit organization situated in Taft, Texas. Their primary mission is to provide clean, potable water to residents living in rural areas of South Texas. With a team of seven dedicated individuals, they work tirelessly to ensure the availability of this essential resource, contributing to the well-being and comfort of the community they serve.


Official website here: www.rinconwater.com

Is Rincon Water Supply Corporation legitimate?

Rincon Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rincon 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: $391,059

For more financial information, click here


Official website here: www.rinconwater.com

What is the mission statement of Rincon Water Supply Corporation?

The Rincon Water Supply Corporation's primary mission is to provide clean, potable water to the rural communities in South Texas. This mission is crucial in ensuring that the residents in these areas have access to essential water resources for their daily needs. The corporation's activities are centered around supplying water to individuals living in rural areas, thereby enhancing their quality of life. By providing potable water, the corporation plays a vital role in maintaining public health and hygiene in these communities.


Official website here: www.rinconwater.com

What is the revenue of Rincon Water Supply Corporation?

Rincon Water Supply Corporation's revenue in 2023 was $1,668,423.


Official website here: www.rinconwater.com

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

The average compensation at Rincon Water Supply Corporation during 2023 was $48,882. There are 8 employees at Rincon Water Supply Corporation.

Here are 8 key members and their salaries:


Troy Floerke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Vogt (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Yates (Secr/Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Gene Mckinny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Wendlend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Pustejovsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mayo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Smith (Gm)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rinconwater.com

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

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


Official website here: www.rinconwater.com

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

Mission Statement of Rincon Water Supply Corporation

Rincon Water Supply Corporation, a vital entity, is dedicated to providing potable water to the rural communities of South Texas. The organization's primary mission is to ensure that individuals residing in these remote areas have access to clean, safe drinking water. By supplying this essential resource, Rincon Water Supply Corporation plays a crucial role in maintaining the health and well-being of the people it serves. The corporation's activities are centered around the distribution of potable water, aiming to meet the hydration needs of the rural population.

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Impact




October, 2024

Rincon Water Supply Corporation plays a crucial role in enhancing the quality of life for residents in rural areas of South Texas by providing access to potable water. Their efforts are vital in ensuring that communities, often underserved by other water service providers, receive clean and safe drinking water. This access not only supports public health but also promotes economic development and helps sustain local populations by improving living conditions. By targeting rural areas around Taft, Texas, Rincon Water Supply Corporation addresses a fundamental need, fostering community resilience and stability in the region.




This information is meant to be a general summary of Rincon 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
$1,668,423 (2023)
Expenses
$1,695,922 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,256
  • Program Service Revenue: $1,666,167
  • Gross Receipts: $1,668,423

Assets and Liabilities:

  • Total Assets: $3,962,835
  • Total Liabilities: $202,618
  • Net Assets: $3,760,217

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Programs

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

WATER REVENUE

Revenue

$792,673

MONTHLY MINIMUM

Revenue

$650,226

MISCELLANEOUS INCOME

Revenue

$145,558

PENALTIES & FEES

Revenue

$33,255

RV LOT SURCHARGE

Revenue

$25,632

Organization Details

Principal Officer

Art Smith

NTEE Category

Code: W80 - Public benefit

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