Union Water Supply Corporation
- Assets
- $11.5m
- Revenue
- $896.1k
- Investments
- $0.0
- Employees
- 21
- Location
- Garciasville, TX
- Founding
- 02/1972
- Data as of
- 09/2023
- EIN
- 74-1671334
Organization Overview
Union Water Supply Corporation is located in Garciasville, TX. The organization was established in 1972. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2023, Union Water Supply Corporation employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union 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 09/2023, Union Water Supply Corporation generated $896.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.2m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
UNION WATER SUPPLY CORPORATION IS A NONPROFIT CORPORATION ORGANIZED IN THE STATE OF TEXAS FOR THE PURPOSE OF PROVIDING DOMESTIC WATER AND WASTEWATER SERVICES TO RESIDENTS IN THE GARCIASVILLE - LA CASITA AREA OF SOUTHERN STARR COUNTY, TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alejandro Garza Board Member | Trustee | 2 | $0 |
Frank Chapa Board Member | Trustee | 2 | $0 |
Marlen Mendoza DE La Torre President | Officer | 8 | $0 |
Adrian Sandoval Vice President | Officer | 4 | $0 |
Encarnacion Saenz III Secretary | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,608 |
| Total Program Service Revenue | $0 |
| Investment income | $1,204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,723 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $758,904 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $896,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,649 |
| Pension plan accruals and contributions | $16,329 |
| Other employee benefits | $0 |
| Payroll taxes | $47,422 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,163 |
| Fees for services: Accounting | $15,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,012 |
| Office expenses | $22,552 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,230 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $132,155 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $562,020 |
| Insurance | $104,000 |
| All other expenses | $21,334 |
| Total functional expenses | $1,162,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,799 |
| Savings and temporary cash investments | $489,913 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $343,171 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $10,213,126 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $24,937 |
| Other assets | $2,118 |
| Total assets | $11,525,064 |
| Accounts payable and accrued expenses | $114,014 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,372,206 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,486,220 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $47,043 |
| Paid-in or capital surplus, or land, building, or equipment fund | $13,243,080 |
| Retained earnings, endowment, accumulated income, or other funds | -$4,251,279 |
| Total liabilities and net assets/fund balances | $11,525,064 |