Overview
What is Study Butte Water Supply Corporation Inc?
Study Butte Water Supply Corporation Inc is a nonprofit organization based in Terlingua, Texas. Established with the primary goal of providing potable water services to approximately 150-180 households in the areas of Study Butte and Terlingua, the corporation has received financial support from the United States Department of Agriculture - Rural Utilities Service for its project. With a team of eight employees, the corporation's mission is to ensure the delivery of water services for domestic purposes, contributing to the overall well-being of the community. Funds from loans and grants provided by the USDA have been utilized in the construction and maintenance of the water supply system, which is now capitalized and depreciated as part of the organization's tax returns.
Is Study Butte Water Supply Corporation Inc legitimate?
Study Butte Water Supply Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Study Butte Water Supply Corporation Inc 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: $188,504
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What is the mission statement of Study Butte Water Supply Corporation Inc?
The Study Butte Water Supply Corporation Inc was established with the primary objective of providing domestic water services to residents in Study Butte and Terlingua, Texas. This mission is being supported financially by the United States Department of Agriculture's Rural Utilities Service. The corporation functions as a public water service utility, supplying potable water to approximately 150-180 households. Funding for this project has been provided by the USDA, and the related construction costs have been capitalized and depreciated. The corporation's activities are focused on ensuring reliable and safe water supply services for its residential community.
Who is the CEO of Study Butte Water Supply Corporation Inc?
John Holroyd is the President of Study Butte Water Supply Corporation Inc.
What is the revenue of Study Butte Water Supply Corporation Inc?
Study Butte Water Supply Corporation Inc's revenue in 2022 was $576,385.
Who are the executives of Study Butte Water Supply Corporation Inc and what are their salaries?
The average compensation at Study Butte Water Supply Corporation Inc during 2022 was $23,563. There are 8 employees at Study Butte Water Supply Corporation Inc.
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Where can I find the form 990 for Study Butte Water Supply Corporation Inc?
Study Butte Water Supply Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Study Butte Water Supply Corporation Inc
Study Butte Water Supply Corporation Inc was established with a mission to provide potable water services for domestic purposes to the residents of Study Butte and Terlingua, Texas. This nonprofit organization receives funding for its project from the United States Department of Agriculture - Rural Utilities Service. The corporation's primary objective is to ensure a reliable water supply for the local community, serving approximately 150-180 households. The USDA provides loans and grants to support the construction of this vital infrastructure, which are then capitalized and depreciated as part of the organization's financial management.
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Impact
October, 2024
Study Butte Water Supply Corporation Inc significantly impacts the communities of Study Butte and Terlingua, Texas, by providing essential potable water services to approximately 150-180 households. This public water service utility ensures that residents have reliable access to clean water for domestic purposes, which is critical for health, hygiene, and overall quality of life.
The corporation's funding from the United States Department of Agriculture - Rural Utilities Service demonstrates a commitment to enhancing local infrastructure and supporting rural communities. By capitalizing on loans and grants, this organization not only supplies vital water services but also contributes to the long-term sustainability and economic resilience of the area. The provision of water services helps to foster community well-being, attract new residents, and support local development, ultimately strengthening the fabric of the Study Butte and Terlingua areas.
This information is meant to be a general summary of Study Butte Water Supply Corporation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$29,819
- Program Service Revenue: $601,804
- Gross Receipts: $607,037
Assets and Liabilities:
- Total Assets: $2,891,787
- Total Liabilities: $504,806
- Net Assets: $2,386,981
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LATE FEES RECEIVED
Revenue
$4,675
OTHER
Revenue
$43,715
WATER SALES
Revenue
$553,414
Organization Details
Phone
(432) 371-2933Principal Officer
John Holroyd
Main Address
P O BOX 148, TERLINGUA, TX, 79852
NTEE Category
Code: W80 - Public benefit
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