Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MULTI-COUNTY WATER SUPPLY CORP is a nonprofit organization focused on providing essential water services to rural water users, serving approximately 1,300 active customers. With an operating budget of $1.2 million and total revenue of $1.5 million for the 2024 filing year, the organization plays a crucial role in the public utilities sector. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

The Corporation provides water to rural water users. They had approx. 1300 active customers at year end.
Revenues
$1.5M
Expenses
$1.2M
Net Income:
+$356.9K
Assets
$5.9M
Liabilities
$1.5M
Net Assets:
+$4.4M
Operating Budget
$1.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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R
Royce Rhoades
Board Member
R
Ray Cassens
Board Member
D
Dorothy Schoedel
Board Member

Frequently Asked Questions

What is MULTI-COUNTY WATER SUPPLY CORP’s budget?
In 2024, MULTI-COUNTY WATER SUPPLY CORP reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does MULTI-COUNTY WATER SUPPLY CORP support?
MULTI-COUNTY WATER SUPPLY CORP supports work in Public utilities.
Where does MULTI-COUNTY WATER SUPPLY CORP operate?
MULTI-COUNTY WATER SUPPLY CORP is headquartered in Gatesville, TX.
What is MULTI-COUNTY WATER SUPPLY CORP’s reliance on government grants?
MULTI-COUNTY WATER SUPPLY CORP relied on government grants for more than 10% of their total revenue in 2024.