EAST RIO HONDO WATER SUPPLY CORPORATION

EIN: 742007552

RIO HONDO, TX

Total Revenue
$12,256,316
Total Expenses
$10,909,149
Total Assets
$74,304,838
Net Assets
$50,617,478
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
TX
Principal Officer
ROBERT E MIDDLETON JR
Phone
9567482605
Tax Period
2024-01-01 to 2024-12-31

EAST RIO HONDO WATER SUPPLY CORPORATION, founded in 1972, is a mid-sized nonprofit that reported $12.3M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $10.9M left a modest 11% surplus.

Mission

EAST RIO HONDO WATER SUPPLY CORPORATION WAS INCORPORATED ON MAY 17, 1972 TO DEVELOP A WATER DISTRIBUTION AND TREATMENT FACILITY TO SERVE NORTHERN CAMERON COUNTY. A GEOGRAPHICALLY LIMITED WASTEWATER SYSTEM HAS ALSO BEEN DEVELOPED TO PROVIDE SEWER SERVICE TO SEVERAL AREAS WITHIN THE CORPORATION'S SERVICE AREA. THE WASTEWATER SYSTEM WAS FUNDED SUBSTANTIALLY BY USDA RURAL DEVELOPMENT GRANTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $760,425
Program Service Revenue $10,892,299
Investment Income $315,186
Other Revenue $288,406
TOTAL REVENUE $12,256,316

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,567,724
Fundraising Expenses $0
Program Expenses $10,909,149
Other Expenses $9,341,425
TOTAL EXPENSES $10,909,149

Year-over-Year Comparison

2024 2023 Change
Revenue $12,256,316 $15,395,898 -0.2%
Expenses $10,909,149 $10,530,416 +0.0%
Net Income $1,347,167 $4,865,482 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
60
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$244,563
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT E MIDDLETON JR PRESIDENT 1.00
Officer Director
$0 $0 $0
TOMMI SITTON MEMBER 1.00
Officer Director
$0 $0 $0
ROQUE RODRIGUEZ SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
TROLENA LOYA MEMBER 1.00
Director
$0 $0 $0
BETHANY NEWELL VICE PRESIDENT 1.00
Director
$0 $0 $0
CHARLES HERVEY MEMBER 1.00
Director
$0 $0 $0
CARLOS CASTANEDA MEMBER 1.00
Director
$0 $0 $0
CASSANDRA ALANIZ MEMBER 1.00
Director
$0 $0 $0
JOE BARRERA MEMBER 1.00
Director
$0 $0 $0
BRIAN MACMANUS GENERAL MANAGER 40.00
Officer
$218,612 $25,951 $244,563
ERIC HAYDON SYSTEM OPERATIONS MANAGER 40.00
Highest
$126,143 $17,073 $143,216
NORMA CASTRO BUSINESS MANAGER 40.00
Highest
$116,537 $25,816 $142,353
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $12,256,316 $10,909,149 $74,304,838 $1,347,167
2023 $15,395,898 $10,530,416 $74,375,098 $4,865,482
2022 $10,143,805 $8,603,185 $68,429,347 $1,540,620
2021 $9,151,947 $8,181,369 $63,118,538 $970,578
2020 $8,031,438 $7,661,273 $58,751,822 $370,165
2019 $7,509,668 $7,169,022 $58,001,839 $340,646
2018 $9,232,016 $7,450,854 $55,159,253 $1,781,162
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