Sacul Water Supply Corporation
- Assets
- $352.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacul, TX
- Founding
- 02/1968
- Data as of
- 12/2022
- EIN
- 75-1249782
Organization Overview
Sacul Water Supply Corporation is located in Sacul, TX. The organization was established in 1968. 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. Sacul 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, Sacul Water Supply Corporation generated $95.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $78.9k during the year ending 12/2022. While expenses have increased by 2.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NON PROFIT WATER DISTRIBUTION TO THE SACUL COMMUNITY IN NACODOCHES COUNTY, TEXAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy King President | 0 | $0 | |
Tom Schroeder Sec/treas | 0 | $0 | |
Chrissy Gresham Director | 0 | $0 | |
Marshall Treadwell Director | 0 | $0 | |
Adolfo Rios Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $95,001 |
| Membership dues | $0 |
| Investment income | $458 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,459 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,490 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $844 |
| Other expenses | $75,523 |
| Total expenses | $78,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $250,773 |
| Other assets | $0 |
| Total assets | $352,336 |
| Total liabilities | $4,200 |
| Net assets or fund balances | $348,136 |