Texoma Estates Water Supply Corporation

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

EIN: 752283554 ✦ Denison, TX ✦ Designated as a 501(c)(12)

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Overview

What is Texoma Estates Water Supply Corporation?

Texoma Estates Water Supply Corporation is a cooperative water company situated in Denison, Texas (ZIP code 75020). As a nonprofit organization, its primary mission is to provide water utility services to its members and residents at the most affordable cost possible. The corporation operates with the goal of ensuring a reliable water supply for its community, maintaining a strong commitment to keeping prices low for its members.

Is Texoma Estates Water Supply Corporation legitimate?

Texoma Estates Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Texoma Estates 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

What is the mission statement of Texoma Estates Water Supply Corporation?

The Texoma Estates Water Supply Corporation is committed to delivering water utility services to its members at the most affordable price possible. This cooperative water company strives to provide reliable water services to its residents, always aiming for cost-effectiveness. Their mission is centered around ensuring that water utility needs are met in an economical manner.

Who is the CEO of Texoma Estates Water Supply Corporation?

Ray Beavers is the President of Texoma Estates Water Supply Corporation.

What is the revenue of Texoma Estates Water Supply Corporation?

Texoma Estates Water Supply Corporation's revenue in 2022 was $86,451.

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


Here are 9 key members and their salaries:


Ray Beavers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Upchurch (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Wilson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Raine (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Bryant (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Hackler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Honey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Bertrand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Texoma Estates Water Supply Corporation?

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

Mission Statement of Texoma Estates Water Supply Corporation

Texoma Estates Water Supply Corporation, as a cooperative water company, is committed to providing water utility services to its members at the lowest possible cost. This mission statement signifies the corporation's dedication to ensuring affordable water services for its residents, demonstrating a sense of responsibility and care towards its community. The company operates with a focus on cost-effectiveness, aiming to maintain reasonable rates while still delivering reliable water services. This mission reflects a strong commitment to serving its members, ensuring that their basic water needs are met in an economically viable manner.

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Impact




October, 2024

Texoma Estates Water Supply Corporation plays a crucial role in providing reliable water services to the community of Denison, Texas. The organization ensures that residents have access to safe and clean drinking water, which is essential for health and well-being. By maintaining and managing water supply infrastructure, the corporation helps support residential and commercial activities, fostering local development and improving the quality of life for its residents.

Moreover, Texoma Estates Water Supply Corporation contributes to the public benefit by promoting responsible water usage and environmental stewardship. Their efforts in water management reflect a commitment to sustainability, ensuring that water resources are preserved for future generations while addressing the current needs of the community. Overall, their impact extends beyond just supplying water; it supports economic growth, public health, and environmental conservation within the Denison area.




This information is meant to be a general summary of Texoma Estates 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
$86,451 (2022)
Expenses
$60,865 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34
  • Program Service Revenue: $86,417
  • Gross Receipts: $86,451

Assets and Liabilities:

  • Total Assets: $518,003
  • Total Liabilities: $300,051
  • Net Assets: $217,952

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Programs

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

WATER SERVICE REVENUE

Revenue

$86,417

Organization Details

Founding Year

1985

Principal Officer

Ray Beavers

Main Address

PO BOX 400, DENISON, TX, 75020

NTEE Category

Code: W80 - Public benefit

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