Overview
What is Mustang Valley Water Supply Corp?
Mustang Valley Water Supply Corp, based in Cranfills Gap, Texas, serves as a certified regional water system in rural Bosque County. With a commitment to ensuring clean and safe water for all its members, the corporation produces and distributes water to its own meters, catering to residential, commercial, and agricultural needs. The corporation served 852 meters in the year ending December 31, 2022. With a dedicated workforce of five individuals, Mustang Valley Water Supply Corp plays an essential role in maintaining a reliable water supply in the region.
Official website here: www.mustangvalleywater.org
Is Mustang Valley Water Supply Corp legitimate?
Mustang Valley Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mustang Valley 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: $116,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,516
For more financial information, click here
Official website here: www.mustangvalleywater.org
What is the mission statement of Mustang Valley Water Supply Corp?
The Mustang Valley Water Supply Corp, serving as a certified regional water system, is dedicated to providing clean and safe water for all its members. This commitment extends to homes, businesses, and agricultural purposes. The corporation's primary activity involves producing and distributing water to meters owned by its members. In the year ending December 31, 2022, the Mustang Valley Water Supply Corp served 852 meters. The organization's mission is centered around ensuring the availability of potable water, thereby contributing to the well-being and daily needs of its members.
Official website here: www.mustangvalleywater.org
Who is the CEO of Mustang Valley Water Supply Corp?
Doug Perschke is the President of Mustang Valley Water Supply Corp.
Official website here: www.mustangvalleywater.org
What is the revenue of Mustang Valley Water Supply Corp?
Mustang Valley Water Supply Corp's revenue in 2022 was $833,592.
Official website here: www.mustangvalleywater.org
Who are the executives of Mustang Valley Water Supply Corp and what are their salaries?
The average compensation at Mustang Valley Water Supply Corp during 2022 was $48,622. There are 5 employees and 7 volunteers at Mustang Valley Water Supply Corp.
Here are 8 key members and their salaries:
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- Compensation: $59,688
- Related: $0
- Other: $7,200
- Compensation: $44,842
- Related: $0
- Other: $6,436
Official website here: www.mustangvalleywater.org
Where can I find the form 990 for Mustang Valley Water Supply Corp?
Mustang Valley Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mustangvalleywater.org
Learn more at the official website: www.mustangvalleywater.org
Mission Statement of Mustang Valley Water Supply Corp
Mustang Valley Water Supply Corp, a certified regional water system, is dedicated to its mission in rural areas. This mission centers around providing clean and safe water to all its members, ensuring their homes, businesses, and agricultural needs are met with high-quality water sources. The corporation served a total of 852 meters in the year ending December 31, 2022, further highlighting its commitment to meeting the water needs of its community.
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Impact
October, 2024
Mustang Valley Water Supply Corp plays a vital role in the rural community of Bosque County, Texas, particularly in Cranfills Gap. By operating as a certified regional water system, it ensures the production and distribution of clean, safe water to its members. The corporation served 852 meters in the calendar year ending December 31, 2022, providing essential water services for residential, commercial, and agricultural needs.
This commitment to delivering safe water not only enhances the quality of life for residents but also supports local businesses and agriculture, fostering economic development and community well-being. In an area where access to reliable water sources can be a challenge, Mustang Valley Water Supply Corp's efforts significantly impact public health and environmental sustainability, ensuring a stable and secure water supply for all.
This information is meant to be a general summary of Mustang Valley 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,469
- Program Service Revenue: $725,563
- Gross Receipts: $833,592
Assets and Liabilities:
- Total Assets: $2,565,782
- Total Liabilities: $1,202,920
- Net Assets: $1,362,862
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER REVENUE
Revenue
$704,813
INSTALLATION/TRNSFR/RE
Revenue
$11,000
LATE FEES
Revenue
$9,750
Organization Details
Founding Year
1975
Phone
(254) 597-2445Principal Officer
Doug Perschke
Main Address
P O BOX 6, CRANFILLS GAP, TX, 76637
Website
www.mustangvalleywater.orgNTEE Category
Code: W80 - Public benefit
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