Nueces Water Supply Corporation

EIN: 742268412

Kingsville, TX

Total Revenue
$1,009,150
Total Expenses
$1,218,130
Total Assets
$4,867,563
Net Assets
$4,767,939
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
TX
Principal Officer
Alice Black
Phone
3615921720
Tax Period
2021-01-01 to 2021-12-31

Nueces Water Supply Corporation, founded in 1983, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2021. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 21% operating deficit.

Mission

Nueces Water Supply Corporation is a member owned, non-profit water supply corporation that services rural western Nueces County, Texas. The customers do not have access to city utilities.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $975,983
Investment Income $493
Other Revenue $32,674
TOTAL REVENUE $1,009,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,218,130
Other Expenses $1,218,130
TOTAL EXPENSES $1,218,130

Year-over-Year Comparison

2021 2020 Change
Revenue $1,009,150 $1,485,103 -0.3%
Expenses $1,218,130 $1,283,587 -0.1%
Net Income $-208,980 $201,516 -2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alice Black President 0
Officer Director
$0 $0 $0
Ruth Ann Smith Secretary/Treasurer 0
Officer Director
$0 $0 $0
Sherry Zimmerman Director 0
Director
$0 $0 $0
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
2021 $1,009,150 $1,218,130 $4,867,563 $-208,980
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