Rochelle Water Supply Corporation
- Assets
- $190.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochelle, TX
- Founding
- 01/1966
- Data as of
- 12/2023
- EIN
- 74-6072866
Organization Overview
Rochelle Water Supply Corporation is located in Rochelle, TX. The organization was established in 1966. 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. Rochelle 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 12/2023, Rochelle Water Supply Corporation generated $120.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $127.5k during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Wolfe President | 0 | $0 | |
Joe Skalak Vice Preside | 0 | $0 | |
Gwen Ragsdale Secretary | 0 | $0 | |
Alvin Bolton Director | 0 | $0 | |
Cheryl Norvell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $119,790 |
| Membership dues | $0 |
| Investment income | $1,089 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,879 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,272 |
| Professional fees and other payments to independent contractors | $4,078 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $92,132 |
| Total expenses | $127,482 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,199 |
| Other assets | $0 |
| Total assets | $190,442 |
| Total liabilities | $8,808 |
| Net assets or fund balances | $181,634 |