Civic Intelligence

Central Texas Regional Water Supply

EIN 47-2882787 • 501(c)4 • San Antonio, TX

Profile

To provide the highest level of service to our customers while producing and operating the water delivery system in the safest and most effective manner with the highest environmental, social, and economic values.

11010 Coachlight St 202San Antonio, TX 78216

www.ctrwsc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.06x

Higher debt load relative to assets than 96% of similar nonprofits.

$250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

23.55x

Higher debt load relative to revenue than 99% of similar nonprofits.

$250M-$1B nonprofits • Source year 2024

Net Margin

21st percentile

-3.9%

Higher net margin than 21% of similar nonprofits.

$250M-$1B nonprofits • Source year 2024

Top Officer Pay

14th percentile

$5,000

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

$250M-$1B nonprofits • Source year 2024

Asset Growth

16th percentile

-2.8%

Faster asset growth than 16% of similar nonprofits.

$250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

4.0%

Faster revenue growth than 35% of similar nonprofits.

$250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Down

$751,234,309

Down $21,571,749 (-2.8%) from 2023

Liabilities

Down

$796,887,762

Down $20,247,138 (-2.5%) from 2023

Net Assets

Down

-$45,653,453

Down $1,324,611 (-3.0%) from 2023

Revenue

Up

$33,843,511

Up $1,313,812 (+4.0%) from 2023

Expenses

Up

$35,168,122

Up $1,291,862 (+3.8%) from 2023

Net Income

Up

-$1,324,611

Up $21,950 (+1.6%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0B$500M$0-$500MAssets 2015: $1Liabilities 2015: $02015Assets 2016: $282,105,602Liabilities 2016: $242,542,993Net Assets 2016: $39,562,6092016Assets 2017: $499,046,494Liabilities 2017: $460,372,706Net Assets 2017: $38,673,7882017Assets 2018: $765,479,458Liabilities 2018: $697,393,585Net Assets 2018: $68,085,8732018Assets 2019: $829,883,611Liabilities 2019: $855,608,572Net Assets 2019: -$25,724,9612019Assets 2020: $845,214,256Liabilities 2020: $885,426,829Net Assets 2020: -$40,212,5732020Assets 2021: $827,602,908Liabilities 2021: $869,118,896Net Assets 2021: -$41,515,9882021Assets 2022: $805,879,525Liabilities 2022: $848,861,806Net Assets 2022: -$42,982,2812022Assets 2023: $772,806,058Liabilities 2023: $817,134,900Net Assets 2023: -$44,328,8422023Assets 2024: $751,234,309Liabilities 2024: $796,887,762Net Assets 2024: -$45,653,4532024

Highlighted filing

2024

Assets$751,234,309
Liabilities$796,887,762
Net Assets-$45,653,453

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $38,681,658Expenses 2019: $33,239,172Net Income 2019: $5,442,4862019Revenue 2020: $34,580,653Expenses 2020: $49,068,265Net Income 2020: -$14,487,6122020Revenue 2021: $32,911,074Expenses 2021: $34,214,489Net Income 2021: -$1,303,4152021Revenue 2022: $31,401,737Expenses 2022: $32,868,030Net Income 2022: -$1,466,2932022Revenue 2023: $32,529,699Expenses 2023: $33,876,260Net Income 2023: -$1,346,5612023Revenue 2024: $33,843,511Expenses 2024: $35,168,122Net Income 2024: -$1,324,6112024

Highlighted filing

2024

Revenue$33,843,511
Expenses$35,168,122
Net Income-$1,324,611

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 2, 2025
Return Version
2024v5.2
Gross Receipts
$33,843,511
Mission and Program Overview

Mission

Central texas regional water supply corporation ("ctr") is a non-profit water supply corporation formed pursuant to chapter 67 of the texas water code. Ctr was formed for the purpose of acquiring certain easements and other land access rights, and the construction, ownership and operation of a water conveyance pipeline and associated facilities. The pipeline commenced commercial operations on april 15, 2020. All water is conveyed for delivery to the san antonio water system ("saws"), a department of the city of san antonio, texas.

Operation of the water transport system to bring potable water to the san antionio water system

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,292,866$3,731,441▲ $438,575
Cash and Non-Interest-Bearing Accounts$49,506$64,624▲ $15,118
Total Assets$772,806,058$751,234,309▼ $21,571,749
Other Assets Total$769,463,686$747,438,244▼ $22,025,442
Liabilities
Mortgage Notes Payable Secured by Investment Property$813,860,079$793,159,248▼ $20,700,831
Accounts Payable and Accrued Expenses$3,274,821$3,728,514▲ $453,693
Total Liabilities$817,134,900$796,887,762▼ $20,247,138
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-44,328,842$-45,653,453▼ $1,324,611
Total Net Assets Fund Balance$-44,328,842$-45,653,453▼ $1,324,611
Total Liabilities and Net Assets / Fund Balance$772,806,058$751,234,309▼ $21,571,749

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$747,438,244--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Christopher PowersPresident$5,000$5,000
Rebecca CedilloSecretary/treasurer$5,000$5,000
Tyler John SchroederVice President$5,000$5,000

Board Members and Trustees

NameTitle
Mark JanayDirector (term End 10/03/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Epcor Services INCOperating Service Provider2355 W PINNACLE PEAK ROAD SUITE 3, Phoenix, AZ 85027-1261$14,894,958
The Jones Law FirmGeneral Legal CounselPO BOX 300219, Austin, TX 78703$154,463
-Management Services14022 BROOK HOLLOW RD, San Antonio, TX 78232$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,438,818
Investment Income
$18,404,693
Other Revenue
$0
Change in Net Assets
$-1,324,611

Audited Revenue Reconciliation

Revenue per Audited Statements
$33,843,511
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$33,843,511
Total Revenue per Form 990
$33,843,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,153,122
Salaries, Compensation, and Employee Benefits$15,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$19,729,304-$19,729,304
Other Expenses$14,784,170--$14,784,170
Fees for Services Other-$476,264-$476,264
Fees for Services Legal-$163,185-$163,185
Current Officers, Directors, Trustees, and Key Employees-$15,000-$15,000
Office Expenses-$199-$199
Total Functional Expenses$14,784,170$20,383,952$0$35,168,122

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$35,168,122
Total Expenses per Audited Statements$35,168,122
Total Expenses per Form 990$35,168,122
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Ctrwsc has a real estate management agreement with vista ridge, llc. Under this agreement, ctrwsc pays a monthy management fee of $10,000 to vista ridge.

Form 990, Part VI, Section B, Line 11B

Epcor and the board will review the 990 before filing.

Form 990, Part VI, Section B, Line 12C

All board members are required to sign a disclosure form listing possible conflicts. Conflicts are required to be disclosed in board meetings. During the board meeting, the board will determine whether an actual or perceived conflict of interest exists and what actions, if any, should be taken.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Central Texas Regional Water Supply
EIN
47-2882787
Phone
5122124525
Address
11010 COACHLIGHT ST 202, SAN ANTONIO, TX 78216

Signing Officer

Name
Christopher Powers
Title
President
Phone
5122124525
Signed
2025-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christoper Powers
Formed
2014
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
1

Preparer

Firm
Cbiz Advisors LLC
Address
700 WEST 47TH STREET SUITE 1100, KANSAS CITY, MO 64112
Preparer
Lisa Burke
Phone
8169455500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The company has been retrospectively granted exemption from income taxes by the internal revenue service under the provisions of 501(c)(4) effective may 15, 2018. The company is exempt from state income tax under applicable state law. There was no unrelated business income during 2024 and 2023. The company has evaluated the standards requiring disclosure of uncertain tax positions under fasb asc 740, income taxes, and determined that there are no material matters which require disclosure. There has been no interest or penalties recognized in the statements of activities and changes in net deficit related to uncertain tax positions. In addition, no tax positions exist for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within the next 12 months. Tax years with open statutes of limitations are 2021 and forward.

Raw XML Appendix323 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY HAS BEEN RETROSPECTIVELY GRANTED EXEMPTION FROM INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF 501(C)(4) EFFECTIVE MAY 15, 2018. THE COMPANY IS EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE LAW. THERE WAS NO UNRELATED BUSINESS INCOME DURING 2024 AND 2023. THE COMPANY HAS EVALUATED THE STANDARDS REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS UNDER FASB ASC 740, INCOME TAXES, AND DETERMINED THAT THERE ARE NO MATERIAL MATTERS WHICH REQUIRE DISCLOSURE. THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET DEFICIT RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. TAX YEARS WITH OPEN STATUTES OF LIMITATIONS ARE 2021 AND FORWARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0747438244
IRS990ScheduleD/TotalExpensesPerForm990Amt035168122
IRS990ScheduleD/TotalRevenuePerForm990Amt033843511
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt033843511
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt035168122
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CTRWSC HAS A REAL ESTATE MANAGEMENT AGREEMENT WITH VISTA RIDGE, LLC. UNDER THIS AGREEMENT, CTRWSC PAYS A MONTHY MANAGEMENT FEE OF $10,000 TO VISTA RIDGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EPCOR AND THE BOARD WILL REVIEW THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO SIGN A DISCLOSURE FORM LISTING POSSIBLE CONFLICTS. CONFLICTS ARE REQUIRED TO BE DISCLOSED IN BOARD MEETINGS. DURING THE BOARD MEETING, THE BOARD WILL DETERMINE WHETHER AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST EXISTS AND WHAT ACTIONS, IF ANY, SHOULD BE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0772806058
IRS990/TotalAssetsEOYAmt0751234309
IRS990/TotalAssetsGrp/BOYAmt0772806058
IRS990/TotalAssetsGrp/EOYAmt0751234309
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020383952
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt014784170
IRS990/TotalFunctionalExpensesGrp/TotalAmt035168122
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0817134900
IRS990/TotalLiabilitiesEOYAmt0796887762
IRS990/TotalLiabilitiesGrp/BOYAmt0817134900
IRS990/TotalLiabilitiesGrp/EOYAmt0796887762
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-44328842
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-45653453
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt014784170
IRS990/TotalProgramServiceRevenueAmt015438818
IRS990/TotalReportableCompFromOrgAmt015000
IRS990/TotalRevenueGrp/ExclusionAmt018404693
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015438818
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt033843511
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0772806058
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0751234309
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011010 COACHLIGHT ST 202
IRS990/USAddress/CityNm0SAN ANTONIO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078216
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.CTRWSC.ORG
IRS990/WhistleblowerPolicyInd00
IRS990/WrittenPolicyOrProcedureInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER POWERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05122124525
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL TEXAS REGIONAL WATER SUPPLY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0472882787
ReturnHeader/Filer/PhoneNum05122124525
ReturnHeader/Filer/USAddress/AddressLine1Txt011010 COACHLIGHT ST 202
ReturnHeader/Filer/USAddress/CityNm0SAN ANTONIO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078216
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341874260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 WEST 47TH STREET SUITE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064112
ReturnHeader/PreparerPersonGrp/PhoneNum08169455500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA BURKE
ReturnHeader/ReturnTs02025-07-03T09:48:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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