TBM Resident Water Supply Corporation is located in New Braunfels, TX.
For the year ending 12/2023, TBM Resident Water Supply Corporation generated $177.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $133.7k during the year ending 12/2023. 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
PROVIDE WATER DISTRIBUTION SERVICES TO A COMMUNITY OF 49 SINGLE FAMILY AND 55 MULTI-FAMILY UNITS. MAINTAIN AND OPERATE WATER WELL OPERATIONS PLANT AND SERVICE CONNECTIONS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Jonathan Walker Director | 0 | $0 | |
| Jim Callahan Director | 15 | $18,000 | |
| Paul Wright Director | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $177,213 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $177,213 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $18,000 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $115,742 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $0 | 
| Total expenses | $133,742 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,265 | 
| Other assets | $0 | 
| Total assets | $499,765 | 
| Total liabilities | $408,422 | 
| Net assets or fund balances | $91,343 |