2024-07-11T12:24:46-05:00 2023-12-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2023-01-01 741603363 SPRING VALLEY WATER SUPPLY SPRI 2547761999 PO BOX 20246 WACO TX 76702 LARRY HOBBS PRESIDENT 2547761999 2024-06-28 1 LARRY HOBBS 999009999 0 SHARON M HERWALD CPA P00079864 2547724901 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z LARRY HOBBS PO BOX 20246 WACO TX 76702 1332788 0 X WWW.SPRINGVALLEYWATERSUPPLY.COM X 1964 TX PROVISION OF WATER SERVICE TO RURAL CUSTOMERS NEAR LORENA, TX 7 7 0 7 0 0 2432 231509 1009679 1061670 28531 39609 313 0 1040955 1332788 1000 4000 0 0 0 0 0 0 0 835824 787893 836824 791893 204131 540895 5488603 5167061 2362754 1501017 3125849 3666044 PROVISION OF WATER SERVICE TO RURAL CUSTOMERS NEAR LORENA, TX 0 0 DELIVERY OF WATER SERVICE TO RURAL RESIDENCES AND BUSINESS CUSTOMERS NEAR LORENA, TX. THE ORGANIZATION SERVICES APPROXIMATELY 895 CONNECTIONS AND PROVIDES AN AVERAGE OF 9,100,000 GALLONS OF MONTHLY WATER USAGE FOR AN ANNUAL TOTAL OF 109,100,000 GALLONS. THE SYSTEM OPERATES UNDER THE OVERSIGHT OF THE TEXAS COMMISSION ON ENVIRONMENTAL QUALITY, MEETING AND EXCEEDING REQUIRED STANDARDS FOR WATER QUALITY. THE ORGANIZATION AWARDED THREE $1,000 SCHOLARSHIPS DURING 2023 TO STUDENTS WHOSE PARENT/GUARDIAN IS A MEMBER OF THE SPRING VALLEY WATER SUPPLY CORPORATION. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 5 0 1 0 0 0 0 0 0 0 0 0 0 1061670 39609 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X AQUA TEXAS 2547761999 7025 SANGER AVE WACO TX 76710 X LARRY HOBBS PRESIDENT 5.00 X X 0 0 0 ZANDY GOODE VICE PRESIDENT 3.00 X X 0 0 0 BERT HERNANDEZ SECRETARY 1.00 X X 0 0 0 DARRELL BLEDSOE DIRECTOR 1.00 X 0 0 0 DAVID MORRISON DIRECTOR 1.00 X 0 0 0 GERALD THEUT DIRECTOR 1.00 X 0 0 0 KYLE GRIGSBY DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 BARSH COMPANY 304 DOUGLAS AVE WACO TX 76712 CONSTRUCTION AND MAINTENANCE 529259 BRETON BACKHOE AND UNDERGROUND SERVICES PO BOX 7 WEST TX 76691 CONSTRUCTION 452000 BEAR CONTRACTORS INC 304 DOUGLAS AVE WACO TX 76712 CONSTRUCTION 153825 3 231509 231509 WATER REVENUE 221000 1029170 1029170 LATE FEES 221000 19800 19800 WATER TAPS & INSTALLAT 221000 12000 12000 WATER SYSTEM MEMBERSHI 221000 700 700 1061670 39609 39609 1332788 1061670 0 39609 4000 125029 6434 14363 980 27487 2848 68844 360 3079 48746 86233 5883 WATER PURCHASES 324842 REPAIRS 41308 MATERIALS & SUPPLIES 18825 LAB, TEST, DUES, & OTHE 7727 4905 791893 1620938 589462 64136 71550 5276 8785 6211341 1722081 3794844 4489260 3409 8004 5488603 5167061 604476 50787 270233 27654 1402645 1336476 85400 86100 2362754 1501017 X 3121677 3662452 4172 3592 3125849 3666044 5488603 5167061 X 540895 -700 X X 0 1 X 0 0 6050 6050 6205291 1722081 4483210 4489260 CUSTOMER DEPOSITS/MEMBERSHIPS 86100 86100 1332088 0 1332088 700 700 1332788 791893 0 791893 0 791893 PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIPS REPORTED AS INCOME ON 990 700. FORM 990, PART VI, SECTION A, LINE 6 EVERY PERSON (WHICH INCLUDES ANY LEGAL ENTITY) OWNING OR HAVING A LEGAL RIGHT TO THE CONTROL, POSSESSION OR OCCUPANCY OF PROPERTY SERVED OR WHICH MAY REASONABLEY BE SERVED BY THE CORPORATION, SHALL HAVE THE RIGHT TO BECOME A MEMBER OF THE CORPORATION UPON PAYMENT OF THE MEMBERSHIP FEE (CURRENTLY $100) AND UPON COMPLIANCE WITH THE CORPORATION'S CONDITIONS OF WATER SERVICE AS PROVIDED FOR IN ITS PUBLISHED CHARGES, RATES AND CONDITIONS OF SERVICE. MEMBERSHIP SHALL NOT BE DENIED BECAUSE OF THE APPLICANT'S RACE, COLOR, CREED, CITIZENSHIP OR NATIONAL ORGIN. A PERSON MAY OWN MORE THAN ONE MEMBERSHIP BUT EACH MEMBER SHALL BE ENTITLED TO ONLY ONE VOTE REGARDLESS OF THE NUMBER OF MEMBERSHIPS OWNED. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS ARE ELECTED BY THE MEMBERS AT THE MEMBERS' REGULAR ANNUAL MEETING ON THE SECOND TUESDAY OF EACH MARCH. VOTING BY PROXY IS PERMITTED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. IT IS APPROVED BY MOTION OF THE BOARD AND THE PRESIDENT IS AUTHORIZED BY THE BOARD TO SIGN AND FILE THE RETURN BY THE DUE DATE. FORM 990, PART VI, SECTION B, LINE 12C AT THE ANNUAL MEETING, DIRECTORS AFFIRM ADHERENCE TO THE CONFLICT OF INTEREST POLICY. THROUGH THE REVIEW OF ALL BILLS PAID BY THE BOARD, THE POLICY IS MONITORED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALL DOCUMENTS CAN BE VIEWED AT THE OFFICES OF AQUA TEXAS, 7025 SANGER AVE, WACO, TX 76710. FORM 990, PART XI, LINE 9: RECOGNITION OF MEMBERSHIP INCOME AS REVENUE ON FORM 990 -700. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE YEAR.