Steamboat Mountain Water Supply Corp

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

EIN: 751515180 ✦ Tuscola, TX ✦ Designated as a 501(c)(12)

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Overview

What is Steamboat Mountain Water Supply Corp?

Steamboat Mountain Water Supply Corp, situated in Tuscola, Texas, is a nonprofit organization committed to delivering rural water supply services. They specialize in agricultural programs, ensuring that remote communities have access to clean water. This vital work is crucial for sustainable agricultural activities in the area.


Official website here: www.steamboatmountainwater.com

Is Steamboat Mountain Water Supply Corp legitimate?

Steamboat Mountain Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Steamboat Mountain 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: $85,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,342

For more financial information, click here


Official website here: www.steamboatmountainwater.com

What is the mission statement of Steamboat Mountain Water Supply Corp?

Steamboat Mountain Water Supply Corp, as a corporation, is dedicated to delivering rural water supply services, primarily through agricultural programs. Their mission is to ensure an adequate water supply in rural areas, contributing to the agricultural sector's growth and sustainability. The corporation's activities are focused on providing water resources, promoting sustainable agricultural practices, and ensuring the well-being of the communities they serve. Through their agricultural programs, they strive to enhance agricultural productivity and support the local economy.


Official website here: www.steamboatmountainwater.com

Who is the CEO of Steamboat Mountain Water Supply Corp?

Billy Lodermeier is the Director of Steamboat Mountain Water Supply Corp.


Official website here: www.steamboatmountainwater.com

What is the revenue of Steamboat Mountain Water Supply Corp?

Steamboat Mountain Water Supply Corp's revenue in 2022 was $5,198,850.


Official website here: www.steamboatmountainwater.com

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

The average compensation at Steamboat Mountain Water Supply Corp during 2022 was $41,587. There are 9 employees at Steamboat Mountain Water Supply Corp.


Here are 10 key members and their salaries:


Terry Bull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Holloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Lefevre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Self (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Wise (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Gill (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Grimes (Vice Pres & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Roberts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Lodermeier (General Manager)
  • Compensation: $82,223
  • Related: $0
  • Other: $3,716


Official website here: www.steamboatmountainwater.com

Where can I find the form 990 for Steamboat Mountain Water Supply Corp?

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


Official website here: www.steamboatmountainwater.com

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

Mission Statement of Steamboat Mountain Water Supply Corp

Steamboat Mountain Water Supply Corp is dedicated to providing rural water supply, with a particular focus on agricultural programs. In essence, this nonprofit organization plays a significant role in ensuring that rural areas have access to adequate water resources for agricultural purposes. This mission is crucial in supporting the agricultural sector, which is often reliant on a steady water supply for its operations. By providing rural water supply through agricultural programs, Steamboat Mountain Water Supply Corp contributes to the overall sustainability and growth of rural communities. This organization's work is vital in ensuring that these communities have the necessary water resources to thrive and maintain their agricultural activities.

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Impact




October, 2024

Steamboat Mountain Water Supply Corp plays a crucial role in enhancing rural life in Tuscola, TX, by providing essential water supply services. Their efforts are particularly focused on supporting agricultural programs, which are vital for local farmers and the broader community. By ensuring access to reliable water sources, they help sustain agricultural productivity, improve food security, and foster economic development in the region. This initiative enhances the overall quality of life for residents, making a significant impact on both the agricultural landscape and the community's well-being.




This information is meant to be a general summary of Steamboat Mountain 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
$5,198,850 (2022)
Expenses
$3,766,345 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,719
  • Program Service Revenue: $5,180,602
  • Gross Receipts: $5,198,850

Assets and Liabilities:

  • Total Assets: $12,775,755
  • Total Liabilities: $313,104
  • Net Assets: $12,462,651

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Programs

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

WATER SALES

Revenue

$3,852,349

CUSTOMER REIMBURSEMENT

Revenue

$665,071

MEMBERSHIP DUES

Revenue

$470,056

INSTALLATION CHARGES

Revenue

$166,890

Organization Details

Founding Year

1975

Principal Officer

Billy Lodermeier

Main Address

PO BOX 367, TUSCOLA, TX, 79562

NTEE Category

Code: K20 - Food

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