Public Charity

SOUTHWEST MILAM WATER SUPPLY CORPORATION

Based in ROCKDALE, TX, SOUTHWEST MILAM WATER SUPPLY CORPORATION operates as a Public Charity. The organization reported $4.5M in revenue, $4.3M in expenses, $16.7M in total assets for fiscal year 2024.

EIN: 741667030 ROCKDALE, TX Latest filing: 2024
Total Revenue$4.5M
Total Expenses$4.3M
Total Assets$16.7M
Grant Records0
Filing Years2020–2024

Mission

PROVIDE POTABLE WATER TO ABOUT 3,000 RURAL MEMBERS.

Where $100 goes at Southwest Milam Water Supply Corporation

How Southwest Milam Water Supply Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Provide treated well water to about 3,000 rural members
All program spending · Reported in the filing: 3,000 members
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Bob Wilson
DIRECTOR Gary Oslick
DIRECTOR James Pesl
PRESIDENT Kit Worley
DIRECTOR Larry Gilbreath
DIRECTOR Mike Offield

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $4.5M $4.3M $16.7M
2023 $4.7M $4.3M $17.1M
2022 $5.2M $3.7M $13.8M
2021 $4.6M $3.7M $10.0M
2020 $3.5M $3.0M $9.3M

Between 2020 and 2024, reported annual revenue grew from $3.5M to $4.5M (+31%), with total assets most recently reported at $16.7M.

Interactive year-over-year charts and full filing details available with membership.

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