River Oaks Water Supply Corporation
- Assets
- $398.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bay City, TX
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 76-0557880
Organization Overview
River Oaks Water Supply Corporation is located in Bay City, TX. The organization was established in 1999. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Oaks 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 12/2021, River Oaks Water Supply Corporation generated $73.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $39.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
David Rogers Director | 0 | $0 | |
Harry Dannhardt Secretary | 0 | $0 | |
William Bealefield President | 0 | $0 | |
David Crosby Director | 0 | $0 | |
James Scheel V President | 0 | $0 | |
Sherry Williams Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,686 |
| Membership dues | $0 |
| Investment income | $448 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,134 |
| 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 | $26,663 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,541 |
| Total expenses | $39,204 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $338,171 |
| Other assets | $0 |
| Total assets | $398,171 |
| Total liabilities | $13,787 |
| Net assets or fund balances | $384,384 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orangefield Water Supply Corporation Orangefield, TX | $25,738,476 | $3,318,279 |
Creedmoor-Maha Water Supply Co-Op Inc Buda, TX | $19,735,495 | $4,359,702 |
Blackland Water Supply Corp Fate, TX | $4,691,303 | $2,323,752 |
Elmo Water Supply Corporation Elmo, TX | $2,119,290 | $882,080 |
Brushy Creek Water Supply Corp Montalba, TX | $2,997,097 | $1,042,438 |
Better Waterworks Inc Swartz, LA | $3,539,567 | $485,708 |
Eastern Cass Water Supply Corporation Bivins, TX | $4,445,285 | $567,658 |
Usfon Inc Lockhart, TX | $1,205,491 | $731,967 |
Windmill Water Supply Corporation Uvalde, TX | $1,632,658 | $400,347 |
N-E-W Carroll Water Association Kilbourne, LA | $981,756 | $568,672 |
La Canada Wireless Association Santa Fe, NM | $233,647 | $492,979 |
Calhoun County Water Association Inc Hampton, AR | $2,469,333 | $278,006 |