2024-09-09T12:04:09-05:00 2023-12-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2023-01-01 742107745 MUSTANG VALLEY WATER SUPPLY CORP MUST 2545972445 PO BOX 6 CRANFILLS GAP TX 76637 MIKE UPTON PRESIDENT 2545972445 2024-09-03 1 0 SHARON M HERWALD CPA P00079864 2547724901 2023 2024-08-08 14:25:15Z MIKE UPTON PO BOX 6 CRANFILLS GAP TX 76637 861746 0 X WWW.MUSTANGVALLEYWATER.ORG X 1975 TX CERTIFIED REGIONAL WATER SYSTEM IN RURAL BOSQUE COUNTY, TEXAS COMMITTED TO PROVIDING CLEAN, SAFE WATER FOR ALL OUR MEMBERS 7 7 6 7 0 0 78900 57860 725563 760733 4469 21275 24660 21798 833592 861666 0 0 0 0 267563 279561 0 0 0 508871 551465 776434 831026 57158 30640 2565782 2573701 1202920 1180199 1362862 1393502 CERTIFIED REGIONAL WATER SYSTEM IN RURAL BOSQUE COUNTY, TEXAS COMMITTED TO PROVIDING CLEAN, SAFE WATER FOR ALL OUR MEMBERS 0 0 609693 PRODUCE AND DISTRIBUTE WATER TO METERS OWNED BY MEMBERS FOR USE IN HOMES, BUSINESSES, AND FOR AGRICULTURAL PURPOSES. MUSTANG VALLEY WATER SUPPLY CORPORATION SERVED 834 METERS IN THE CALENDAR YEAR ENDING DECEMBER 31, 2023. 609693 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 6 1 0 0 0 0 0 0 0 0 0 819079 32167 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 0 1 0 X KAREN THOMASY 2545972445 301 N 3RD STE A CRANFILLS GAP TX 76637 DOUG KIETA PRESIDENT(01/01 - 04/30) 5.00 X X 0 0 0 MIKE UPTON DIRECTOR (01/01 - 04/30) PRESIDENT (05/01 - 12/31) 0.50 X X 0 0 0 AUBREY RICHARDS VICE PRESIDENT (01/01 - 04/17) 0.50 X X 0 0 0 JASON COX DIRECTOR (01/01-04/18)VICE PRESIDENT (05/01-12/31) 0.50 X X 0 0 0 DOUG PERSCHKE TREASURER 0.50 X X 0 0 0 NANCY BRATCHER SECRETARY 0.50 X X 0 0 0 LOREN GRISWOLD DIRECTOR (01/01 - 04/30) 0.50 X 0 0 0 KIRK GUILLORY DIRECTOR 0.50 X 0 0 0 RICHARD MAJOR DIRECTOR 0.50 X 0 0 0 RODNEY MURRY GENERAL MANAGER 40.00 X 61979 0 5215 KAREN THOMASY ADMINISTRATIVE MANAGER 40.00 X 46599 0 6231 108578 0 11446 0 0 0 0 0 5860 52000 57860 WATER REVENUE 221000 733288 733288 INSTALLATION/TRNSFR/RE 221000 18325 18325 LATE FEES 221000 9120 9120 760733 16493 16493 10500 0 10500 10500 10500 4862 80 4782 4782 4782 PATRONAGE DIVIDEND 221000 10752 10752 MEMBER REIMBURSEMENTS 221000 486 486 MISCELLANEOUS 221000 60 60 11298 861666 772031 0 31775 121176 15103 106073 132568 93111 39457 1222 1222 5850 585 5265 18745 6671 12074 701 701 15015 15015 5239 5239 32256 20780 11476 12604 6302 6302 111917 96079 15838 798 798 3354 2235 1119 51549 51549 168354 166670 1684 19009 16678 2331 INSTALLATION & REPAIRS 86208 86208 VEHICLE EXPENSE 29714 29714 LAB,TEST, & OTHER FEES 14546 12768 1778 MISCELLANEOUS 201 1 200 831026 609693 221333 0 149520 102362 318480 420862 3322 3401 2240 5217726 3371285 1885601 1846441 56228 2162 152552 196312 2565782 2573701 50647 47046 1074877 1073688 77396 59465 1202920 1180199 X 108000 113860 1790885 1842885 -536023 -563243 1362862 1393502 2565782 2573701 30640 0 X 0 X 1 X 0 0 65904 65904 3326 3326 0 5148496 3367959 1780537 1846441 CAPITAL CREDIT-UNITED COOP 96518 EQUITY IN COBANK 21955 RIGHT OF USE ASSET 19399 RVS RECEIVABLES 58407 DIVIDEND RECEIVABLES 33 196312 MEMBER DEPOSITS 24650 UNEARNED WATER REVENUE 15416 RIGHT OF USE LIABILITY 19399 59465 855806 0 855806 5860 5860 861666 831026 0 831026 0 831026 PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIPS REPORTED AS DUES INCOME ON 990 5,860. FORM 990, PART VI, SECTION A, LINE 6 ALL CUSTOMERS OF THE ORGANIZATION MUST HOLD A MEMBERSHIP OR OBTAIN THEIR SERVICE THROUGH A MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS ELECTED BY THE ORGANIZATION MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS REVIEWED BY THE GOVERNING BODY AT THEIR MONTHLY BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED PERIODICALLY BY OFFICERS, DIRECTORS, AND EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15B THE TRWA (TEXAS RURAL WATER ASSOCIATION) MEMBERS PARTICIPATE IN A RATE STUDY OF EMPLOYEES IN THE WATER SERVICE BUSINESS. THE OFFICERS PERIODICALLY REVIEW THESE JOB DESCIPTIONS AND ASSOCIATED WAGES AS RELATES TO KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 ALL OF THE ORGANIZATION'S RECORDS ARE MAINTAINED AT THEIR OFFICE AND ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATION'S RECORDS ARE AVAILABLE UPON REQUEST.