Aqua Water Supply Corporation
501(c)(12)
80% goes to programs Strong reserves Growing revenue
Aqua Water Supply Corporation is a 501(c)(12) organization based in Bastrop, Texas, registered in 1972, with $40,301,630 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
Po Box P, Bastrop, TX, 78602 EIN 74-1660959 Since 1972
Revenue (FY2023)
$40.3M
▼ 66.9% vs prior year
Expenses (FY2023)
$32.1M
Net assets
$225.5M
Employees
113
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating80% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Aqua Water Supply Corporation: 80% to programs earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating84 mo reserves · +20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Aqua Water Supply Corporation: 84 mo reserves · +20% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Aqua Water Supply Corporation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Aqua Water Supply Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide safe and reliable water and wastewater services that meet state and federal regulations, in order to improve quality of life for our members and manage natural resources for future generations.
Contact & location
Financial trends
Revenue grew from $16.4M (FY2013) to $40.3M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $33.6MNet assets $225.5M
Operating margin
20.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$259.1M
Total liabilities
$33.6M
Net assets
$225.5M
Salaries & benefits
$8.7M
27% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $40,301,630▼66.9% | $32,079,299▲38.1% | $225,492,099▲3.8% | $259,136,737▲7.5% | 990 |
| 2022 | $121,784,586▲325% | $23,226,396▲22.0% | $217,269,768▲83.0% | $240,970,280▲76.7% | 990 |
| 2021 | $28,670,097▲10.5% | $19,039,341▲9.1% | $118,711,578▲8.8% | $136,381,619▲7.1% | 990 |
| 2020 | $25,938,310▲1.3% | $17,456,859▲1.1% | $109,080,822▲8.4% | $127,348,257▲7.2% | 990 |
| 2019 | $25,596,656▲9.4% | $17,274,570▲4.2% | $100,599,371▲9.0% | $118,822,352▲5.7% | 990 |
| 2018 | $23,387,715▲25.5% | $16,577,750▲9.3% | $92,277,285▲18.0% | $112,465,372▲10.0% | 990 |
| 2016 | $18,639,055▲2.6% | $15,170,295▲0.7% | $78,223,204▲4.6% | $102,275,166▲1.8% | 990 |
| 2015 | $18,163,317▼0.2% | $15,068,404▲2.8% | $74,754,444▲4.3% | $100,442,919▲2.6% | 990 |
| 2014 | $18,203,547▲11.3% | $14,653,125▲1.9% | $71,659,531▲5.2% | $97,882,682▲3.9% | 990 |
| 2013 | $16,353,628 | $14,382,453▲2.5% | $68,109,109▲3.0% | $94,193,351▲2.7% | 990 |
| 2012 | — | $14,026,036▼1.2% | $66,137,934▲5.5% | $91,725,030▲2.3% | 990 |
| 2011 | — | $14,195,534▲11.8% | $62,703,214▲5.4% | $89,645,980▲3.7% | 990 |
| 2010 | — | $12,701,111 | $59,518,087 | $86,443,209 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Dave Mcmurry — $237,901 (0.74% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dave Mcmurry | General Manager | 40 | $237,901 |
| Dacy Cameron | Manager of Engineering | 40 | $176,726 |
| Christie Nutt | Controller | 40 | $158,790 |
| Cynthia Braendle | Hr Manager | 40 | $155,987 |
| Frank Pacheco | Operations Manager | 40 | $139,163 |
| Jason Kennedy | It/gis Manager | 40 | $137,019 |
| Emily Poston | Manager of Engineering | 40 | $135,800 |
| Gilbert Del Toro | Lead Equipment Operator | 40 | $112,436 |
| Francisco Pulido | Water Quality Assurance Technician | 40 | $112,316 |
| Craig Williams | Board Member | 1 | — |
| David Glass | President | 1 | — |
| Earl W Steinbach | Vice President | 1 | — |
| Howard Mccall | Board Member | 1 | — |
| Linda Garcia | Board Member | 1 | — |
| Mark Mcarthur | Board Member | 1 | — |
| Pam Harkins | Board Member | 1 | — |
| William Tomsu | Secretary/treasurer | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Tte LLC | Utility Contractor | $7,032,680 |
| Nelson Lewis Inc | Utility Contractor | $5,130,305 |
| Travis Hobbs Construction LLC | Utility Contractor | $4,313,878 |
| Russell Drilling Co Inc | Utility Contractor | $3,068,209 |
| Herschap Backhoe Ditching Inc | Utility Contractor | $2,788,962 |
Frequently asked questions
- Is Aqua Water Supply Corporation a legitimate nonprofit?
- Yes. Aqua Water Supply Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-1660959, based in Bastrop, Texas.
- What is Aqua Water Supply Corporation's EIN?
- Aqua Water Supply Corporation's Employer Identification Number (EIN) is 74-1660959.
- How much revenue does Aqua Water Supply Corporation report?
- Aqua Water Supply Corporation reported $40,301,630 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Aqua Water Supply Corporation's spending goes to programs?
- Aqua Water Supply Corporation spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Aqua Water Supply Corporation have?
- CharityIndex grades Aqua Water Supply Corporation A, based on program efficiency and fundraising cost.
- How much does Aqua Water Supply Corporation's highest-paid employee make?
- The highest reported compensation on Aqua Water Supply Corporation's latest Form 990 is $237,901, paid to Dave Mcmurry (General Manager).
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Data for Aqua Water Supply Corporation (EIN 74-1660959) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.