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Coupland Water Supply Corporation

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

EIN: 742759798 ✦ Coupland, TX ✦ Designated as a 501(c)(3)

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Overview

What is Coupland Water Supply Corporation?

Coupland Water Supply Corporation is a local nonprofit organization situated in Coupland, Texas. Its primary mission is to manage the wastewater treatment facilities for the community, serving around 100 households within the city limits. The corporation is funded solely by its subscribers, as it does not rely on any external grants to operate. Its services include wastewater collection, treatment, and system maintenance, ensuring the proper disposal and upkeep of the wastewater within the community. The organization's operations are centered around a PO box located in Coupland, demonstrating its commitment to serving the local community.


Official website here: www.couplandwatersupplycorp.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70%, earning it a Two-Star out of Four Star rating.

Coupland Water Supply Corporation has received a Two-Star rating, indicating a moderate performance in accountability and finance. The organization shows positive aspects, particularly with a high program expense ratio of 95.54%, suggesting that a significant portion of its funds is directed towards its mission-related activities. Additionally, it has no material diversion of assets, indicating sound financial management.

However, the organization faces notable limitations. There are no independent board members, which raises concerns about governance and oversight. Furthermore, the absence of a whistleblower policy may create risks regarding transparency and accountability. While the organization has made efforts to list key documents online, its tax form is not posted, and it lacks an independent board, which could affect stakeholder confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Coupland Water Supply Corporation legitimate?

Coupland Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coupland 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: $0

For more financial information, click here


Official website here: www.couplandwatersupplycorp.org

What is the mission statement of Coupland Water Supply Corporation?

The Coupland Water Supply Corporation's mission is centered around providing reliable wastewater collection, treatment, and maintenance services. Serving approximately 100 households, the corporation operates on a subscriber-funded model and does not rely on grants. Its primary objective is to ensure the efficient management of wastewater within its jurisdiction, ensuring the health and safety of its subscribers.


Official website here: www.couplandwatersupplycorp.org

What is the revenue of Coupland Water Supply Corporation?

Coupland Water Supply Corporation's revenue in 2023 was $154,818.


Official website here: www.couplandwatersupplycorp.org

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

Here are 5 key members and their salaries:


Steven Voelker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Grimley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Marosko (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Barton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Wood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.couplandwatersupplycorp.org

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

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


Official website here: www.couplandwatersupplycorp.org

Learn more at the official website: www.couplandwatersupplycorp.org

Mission Statement of Coupland Water Supply Corporation

The Coupland Water Supply Corporation, as a dedicated organization, is committed to managing the wastewater collection, treatment, and maintenance within its scope. Serving around 100 households, the corporation operates independently, relying solely on the financial support of its subscribers. It does not receive any funding through grants. This mission ensures that the community within its jurisdiction has access to reliable wastewater services, thereby maintaining the cleanliness and hygiene of the area. The corporation's operations are successful, demonstrating its commitment to providing essential wastewater services to its limited but vital member base.

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Impact




August, 2024

Coupland Water Supply Corporation's impact is essential in providing wastewater collection, treatment, and system maintenance for approximately 100 households in the City of Coupland, Texas. As a subscriber-funded organization, CWSC plays a crucial role in ensuring the proper management of wastewater in the community. By successfully running the wastewater treatment system, CWSC contributes to the overall well-being and environmental health of Coupland. This initiative is pivotal for community improvement and sustainable development in the area.




This information is meant to be a general summary of Coupland 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
$154,818 (2023)
Expenses
$77,982 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $325
  • Program Service Revenue: $65,463
  • Gross Receipts: $154,818

Assets and Liabilities:

  • Total Assets: $596,235
  • Total Liabilities: $0
  • Net Assets: $596,235

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Programs

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

Monthly Sewer Services

Revenue

$60,363

Tap/Transfer Fee

Revenue

$5,100

Organization Details

Founding Year

1995

Principal Officer

Steven Voelker

NTEE Category

Code: S32 - Community improvement

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