Westphalia Water Supply Corporation
- Assets
- $85.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lott, TX
- Founding
- 07/1964
- Data as of
- 12/2022
- EIN
- 74-6053710
Organization Overview
Westphalia Water Supply Corporation is located in Lott, TX. The organization was established in 1964. 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. Westphalia 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 12/2022, Westphalia Water Supply Corporation generated $89.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $96.2k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
TOTAL PROGRAM SERVICE EXPENDITURES TO PROVIDE WATER SERVICE TO MEMBERS.
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 |
|---|---|---|---|
Joe Daniel President | 0 | $0 | |
Larry J Frei Sec-Treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $89,805 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,871 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,499 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,944 |
| Other expenses | $81,215 |
| Total expenses | $96,208 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,946 |
| Other assets | $0 |
| Total assets | $85,904 |
| Total liabilities | $150 |
| Net assets or fund balances | $85,754 |