Mosheim Water Supply Corporation
- Assets
- $87.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valley Mills, TX
- Founding
- 01/1974
- Data as of
- 06/2023
- EIN
- 23-7297607
Organization Overview
Mosheim Water Supply Corporation is located in Valley Mills, TX. The organization was established in 1974. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mosheim Water Supply Corporation is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 06/2023, Mosheim Water Supply Corporation generated $56.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $54.4k during the year ending 06/2023. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PRODUCE AND DISTRIBUTE WATER TO METERS OWNED BY MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William T Poston Director | 5 | $0 | |
Craig Mccormick Director | 6 | $0 | |
Eddie Ray Director | 5 | $0 | |
Jim Mathews Vice President | 5 | $0 | |
Doug Patschkes Director | 0 | $0 | |
Sarah Patschkes Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $56,585 |
| Membership dues | $0 |
| Investment income | $56 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,641 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,316 |
| Occupancy, rent, utilities, and maintenance | $13,204 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,928 |
| Total expenses | $54,448 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,648 |
| Other assets | $0 |
| Total assets | $87,667 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,667 |