Consolidated Water Supply Corp

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

EIN: 751298936 ✦ Crockett, TX ✦ Designated as a 501(c)(12)

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Overview

What is Consolidated Water Supply Corp?

Consolidated Water Supply Corp, located in Crockett, Texas, is a dedicated water company serving rural communities. Its primary objective is to ensure a dependable water supply for households in these areas. With an approximate customer count of 5,400, the corporation takes pride in fulfilling this mission effectively. The company's activities revolve around providing water services to these rural households, contributing significantly to the local community's overall well-being.

Is Consolidated Water Supply Corp legitimate?

Consolidated Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Consolidated 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: $4,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $972,595

For more financial information, click here

What is the mission statement of Consolidated Water Supply Corp?

Consolidated Water Supply Corporation, as a water company, is dedicated to providing water services to households in rural areas. Situated in an unspecified location, their mission is centered around furnishing water to these communities. Serving approximately 5,400 customers, the corporation aims to ensure a consistent water supply for these households, contributing significantly to their daily lives.

Who is the CEO of Consolidated Water Supply Corp?

Kim Spellman is the President of Consolidated Water Supply Corp.

What is the revenue of Consolidated Water Supply Corp?

Consolidated Water Supply Corp's revenue in 2022 was $4,370,905.

Who are the executives of Consolidated Water Supply Corp and what are their salaries?

The average compensation at Consolidated Water Supply Corp during 2022 was $34,907. There are 28 employees at Consolidated Water Supply Corp.


Here are 8 key members and their salaries:


Garry Holcomb (Sec/Treasurer)
  • Compensation: $4,800
  • Related: $0
  • Other: $0
Kim Spellman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
K Dewayne High (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Gardner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Crow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hans Meinardus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Stokes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Consolidated Water Supply Corp?

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

Mission Statement of Consolidated Water Supply Corp

Consolidated Water Supply Corp, as a water company, is dedicated to supplying water to households in rural areas. Their primary mission is to fulfill the essential need for water in these areas, serving approximately 5,400 households. The company, situated in Crockett, TX, strives to ensure a consistent water supply for these rural communities. Their goal is to enhance the quality of life for these households by providing this essential resource.

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Impact




October, 2024

Consolidated Water Supply Corp has a significant impact on the community by providing essential water services to households in rural areas of Crockett, Texas. With approximately 5,400 customers, the organization plays a critical role in ensuring that residents have access to safe and reliable drinking water. This service is vital in rural settings where infrastructure may be lacking, contributing to the overall health and well-being of the community. By fulfilling its mission to furnish water, Consolidated Water Supply Corp enhances the quality of life and supports the growth and sustainability of the area, making it a vital entity in ensuring public benefit and community resilience.




This information is meant to be a general summary of Consolidated 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.

Revenue
$4,370,905 (2022)
Expenses
$3,505,452 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,190
  • Program Service Revenue: $4,352,715
  • Gross Receipts: $5,570,971

Assets and Liabilities:

  • Total Assets: $10,650,918
  • Total Liabilities: $2,478,655
  • Net Assets: $8,172,263

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Programs

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

LATE CHARGES/OTHER INCOME

Revenue

$375,678

MISCELLANEOUS INCOME

Revenue

$844

WATER SALES

Revenue

$3,976,193

Organization Details

Founding Year

1971

Principal Officer

Kim Spellman

Main Address

401 NE LOOP 304, CROCKETT, TX, 75835

NTEE Category

Code: W80 - Public benefit

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