Sardis Lone Elm Water Supply Corporation

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

EIN: 751238008 ✦ Midlothian, TX ✦ Designated as a 501(c)(12)

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Overview

What is Sardis Lone Elm Water Supply Corporation?

Sardis Lone Elm Water Supply Corporation is a nonprofit organization dedicated to providing water services to its members. Their primary role involves producing and delivering clean water, ensuring a reliable water supply through the maintenance of wells and delivery systems. The organization is responsible for managing the entire water system, ensuring its efficiency and effectiveness in meeting the needs of its members.


Official website here: www.sardiswater.com

Is Sardis Lone Elm Water Supply Corporation legitimate?

Sardis Lone Elm Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sardis Lone Elm 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: $203,295
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,340,345

For more financial information, click here


Official website here: www.sardiswater.com

What is the mission statement of Sardis Lone Elm Water Supply Corporation?

Sardis Lone Elm Water Supply Corporation is dedicated to producing and delivering water to its members. The organization plays a crucial role in providing water resources, managing the overall system, maintaining all wells and delivery systems, and ensuring the reliable pumping and delivery of water to its members. By doing so, Sardis Lone Elm Water Supply Corporation contributes to the essential needs and well-being of its community members.


Official website here: www.sardiswater.com

What is the revenue of Sardis Lone Elm Water Supply Corporation?

Sardis Lone Elm Water Supply Corporation's revenue in 2024 was $16,060,435.


Official website here: www.sardiswater.com

Who are the executives of Sardis Lone Elm Water Supply Corporation and what are their salaries?

The average compensation at Sardis Lone Elm Water Supply Corporation during 2024 was $55,130. There are 28 employees at Sardis Lone Elm Water Supply Corporation.

Here are 10 key members and their salaries:


Paul Tischler (General Mgr)
  • Compensation: $203,295
  • Related: $0
  • Other: $0
Chet Kelley (Operations Mgr)
  • Compensation: $137,809
  • Related: $0
  • Other: $0
Ronald Brewer (Operator)
  • Compensation: $119,979
  • Related: $0
  • Other: $0
Bill Brandon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Getzendaner Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Rayfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Losey (Sec/Tres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Krohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sardiswater.com

Where can I find the form 990 for Sardis Lone Elm Water Supply Corporation?

Sardis Lone Elm Water Supply Corporation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sardiswater.com

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

Mission Statement of Sardis Lone Elm Water Supply Corporation

Sardis Lone Elm Water Supply Corporation is a dedicated organization that plays a crucial role in ensuring the water needs of its members are met. Its mission is multifaceted, encompassing the production and delivery of water. The corporation sources and pumps water, meticulously distributing it to its members. Beyond just the supply, Sardis Lone Elm Water Supply Corporation also maintains all wells and delivery systems under its care. It manages the overall system effectively, ensuring a reliable water supply for its members. The organization's commitment extends to the upkeep of all infrastructure, ensuring the delivery of clean and safe water at all times.

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Impact




October, 2024

Sardis Lone Elm Water Supply Corporation plays a crucial role in ensuring access to clean and reliable water for its members in Midlothian, Texas. By producing and delivering water, the organization fulfills a vital community need, supporting residents and businesses with essential water resources.

The corporation actively manages the entire water supply system, which includes maintaining wells and delivery systems, ensuring that the infrastructure is reliable and efficient. This comprehensive approach not only safeguards the availability of water but also promotes sustainability within the community.

Through its operations, Sardis Lone Elm Water Supply Corporation contributes to public welfare, supporting the health and well-being of its members while playing an instrumental role in the overall development of the region. The organization's commitment to effective water management fosters a sense of security among residents, knowing that their water supply is in capable hands.




This information is meant to be a general summary of Sardis Lone Elm 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
$16,060,435 (2024)
Expenses
$9,323,781 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $183,701
  • Program Service Revenue: $10,080,954
  • Gross Receipts: $16,060,435

Assets and Liabilities:

  • Total Assets: $38,080,959
  • Total Liabilities: $5,379,893
  • Net Assets: $32,701,066

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Programs

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

MEMBERSHIP DUES & ASSESSM

Revenue

$799,263

WATER SALES

Revenue

$9,281,691

Organization Details

Founding Year

1964

Principal Officer

Bill Brandon

NTEE Category

Code: W80 - Public benefit

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