Walston Springs Water Supply Corp

Organization Overview

Walston Springs Water Supply Corp is located in Palestine, TX. The organization was established in 1965. 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 12/2021, Walston Springs Water Supply Corp employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walston Springs Water Supply Corp 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 12/2021, Walston Springs Water Supply Corp generated $818.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $559.2k during the year ending 12/2021. While expenses have increased by 2.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE WATER SERVICE TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTENANCE AND OPERATIONS OF RURAL WATER SUPPLY CORPORATION SERVING MEMBERS/OWNERS


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)Compensation
Dan Glenn
President
$0
Eric Evans
Director
$0
Mark Henderson
Vice President
$0
Charles Mccullough
Director
$0
David Mettauer
Director
$0
Walter Chaffin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$794,543
Investment income $24,318
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $0
Miscellaneous Revenue$0
Total Revenue $818,861

Create an account to unlock the data you need.

or