Shirley Water Supply Corporation

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

EIN: 751945814 ✦ Sulphur springs, TX ✦ Designated as a 501(c)(12)

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Overview

What is Shirley Water Supply Corporation?

Shirley Water Supply Corporation is a nonprofit organization situated in Sulphur Springs, Texas. Their primary mission is to ensure the availability of safe and economical water supplies to the unincorporated community of Shirley, Texas. They offer various programs tailored toward making water access affordable for their customers. Their activities encompass providing essential water services to the community, thereby promoting the well-being and livelihood of its residents.


Official website here: www.shirleywsc.org

Is Shirley Water Supply Corporation legitimate?

Shirley Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Shirley 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: $139,496

For more financial information, click here


Official website here: www.shirleywsc.org

What is the mission statement of Shirley Water Supply Corporation?

Shirley Water Supply Corporation's mission is centered around providing safe and affordable water to the unincorporated community in Texas. The organization strives to make water accessible and affordable for its customers. Beyond supplying water, Shirley Water Supply Corporation also engages in programs aimed at addressing the water needs of its community. Located in Texas, the corporation's primary focus is on ensuring the well-being of its residents by providing them with essential water services.


Official website here: www.shirleywsc.org

Who is the CEO of Shirley Water Supply Corporation?

Randy Reed is the President of Shirley Water Supply Corporation.


Official website here: www.shirleywsc.org

What is the revenue of Shirley Water Supply Corporation?

Shirley Water Supply Corporation's revenue in 2022 was $790,232.


Official website here: www.shirleywsc.org

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

The average compensation at Shirley Water Supply Corporation during 2022 was $69,748. There are 2 employees at Shirley Water Supply Corporation.


Here are 7 key members and their salaries:


Randy Reed (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Holland (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stoney Watkins (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabe Stout (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Lewis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Monico (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Massey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shirleywsc.org

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

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


Official website here: www.shirleywsc.org

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

Mission Statement of Shirley Water Supply Corporation

Shirley Water Supply Corporation, as a mission-driven organization, is dedicated to providing safe and affordable water to the unincorporated community of Shirley, Texas. This nonprofit's primary objective is to ensure that the residents of Shirley have access to clean and reasonably priced water, which is essential for daily living and overall well-being. The corporation's programs are tailored to meet the specific needs of its customers, providing them with reliable water services that support their quality of life.

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Impact




October, 2024

Shirley Water Supply Corporation significantly impacts the unincorporated community of Shirley, Texas, by ensuring access to safe and affordable water. Their commitment to providing essential water services helps to maintain public health and well-being, as access to clean water is vital for daily living and hygiene.

The organization implements programs designed to keep water costs manageable for residents, thereby alleviating financial burdens and fostering a stable community. By prioritizing the needs of Shirley's residents, the corporation plays a crucial role in enhancing the quality of life, supporting local growth, and ensuring that everyone in the community has reliable access to this fundamental resource. Located in Sulphur Springs, Texas, they also contribute to regional sustainability efforts, promoting responsible water usage and environmental stewardship. Overall, Shirley Water Supply Corporation serves as a cornerstone for the community's development and resilience.




This information is meant to be a general summary of Shirley 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
$790,232 (2022)
Expenses
$617,168 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,189
  • Program Service Revenue: $766,043
  • Gross Receipts: $790,405

Assets and Liabilities:

  • Total Assets: $2,011,279
  • Total Liabilities: $125,785
  • Net Assets: $1,885,494

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Programs

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

INSPECTION FEES

Revenue

$2,200

LATE CHARGES AND MISC.

Revenue

$110,482

METER INSTALLATION

Revenue

$75,000

TOWER RENT

Revenue

$9,000

WATER SALES

Revenue

$569,361

Organization Details

Founding Year

1965

Principal Officer

Randy Reed

Main Address

6684 FM 1567 WEST, SULPHUR SPRINGS, TX, 75482

NTEE Category

Code: W80 - Public benefit

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