Southwest Sandhills Water Supply Corp

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

EIN: 752429986 ✦ Monahans, TX ✦ Designated as a 501(c)(12)

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Overview

What is Southwest Sandhills Water Supply Corp?

Southwest Sandhills Water Supply Corp is a small, nonprofit organization based in Monahans, Texas. Established with a mission to serve the rural community, its primary function is to provide a necessary water supply for both agricultural and domestic uses to the local residents and those in surrounding rural areas. With a tight-knit team of just two employees, the corporation operates with the goal of ensuring a reliable water source for the people residing in this region.


Official website here: www.shshwsc.com

Is Southwest Sandhills Water Supply Corp legitimate?

Southwest Sandhills Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southwest Sandhills 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,742

For more financial information, click here


Official website here: www.shshwsc.com

What is the mission statement of Southwest Sandhills Water Supply Corp?

The Southwest Sandhills Water Supply Corp was established with the primary goal of providing a necessary water supply, catering to agricultural needs and domestic uses. This corporation serves individuals residing in rural areas, specifically in and around Monahans, Texas. Its mission is to ensure an adequate water supply for farming activities and daily household necessities, thereby enhancing the quality of life for these residents.


Official website here: www.shshwsc.com

What is the revenue of Southwest Sandhills Water Supply Corp?

Southwest Sandhills Water Supply Corp's revenue in 2023 was $1,417,254.


Official website here: www.shshwsc.com

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

The average compensation at Southwest Sandhills Water Supply Corp during 2023 was $37,748. There are 5 employees at Southwest Sandhills Water Supply Corp.

Here are 6 key members and their salaries:


Loredia Potts (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Anthony (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Erwin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Melius (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Jordan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward E Cox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shshwsc.com

Where can I find the form 990 for Southwest Sandhills Water Supply Corp?

Southwest Sandhills Water Supply Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.shshwsc.com

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

Mission Statement of Southwest Sandhills Water Supply Corp

Southwest Sandhills Water Supply Corp was established with a significant purpose. Its mission revolves around providing a vital water supply, serving both agricultural and domestic needs for residents in a rural community and its surrounding areas. The corporation was formed with the intention of ensuring that individuals living in these areas have access to water for general farming activities and everyday household uses. This mission has been instrumental in addressing a pressing need, thereby enhancing the quality of life for numerous residents in this community.

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Impact




October, 2024

Southwest Sandhills Water Supply Corp plays a crucial role in the rural community of Monahans, Texas, by providing a reliable water supply for both general farm use and domestic purposes. This access to water is vital for the livelihoods of residents and supports local agriculture, enabling farmers to cultivate their land and sustain their families. By ensuring that individuals in Monahans and its surrounding areas have the necessary water resources, the corporation fosters community resilience and promotes rural development. The availability of a consistent water supply not only enhances quality of life for residents but also contributes to economic stability in the region, making it an essential resource for the community.




This information is meant to be a general summary of Southwest Sandhills 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
$1,417,254 (2023)
Expenses
$1,474,150 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $32,990
  • Program Service Revenue: $1,384,264
  • Gross Receipts: $1,417,254

Assets and Liabilities:

  • Total Assets: $6,364,453
  • Total Liabilities: $3,801,772
  • Net Assets: $2,562,681

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Programs

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

WATER RECEIPTS

Revenue

$1,199,192

MISC. FEES, I.E. LATE

Revenue

$157,472

IMPACT FEE REVENUE RES

Revenue

$27,600

Organization Details

Founding Year

1992

Principal Officer

Terry Melius

NTEE Category

Code: W80 - Public benefit

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