Civic Intelligence

Canadian River Municipal Water

EIN 75-2780305 • 501(c)4 • Sanford, TX

Profile

The organization promotes the mission and programs of the canadian river municipal water authority in providing quality water to member cities through a program of salinity control.

PO Box 9Sanford, TX 79078

crmwa.com

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.03x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

42%

Higher net margin than 84% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

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

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

52nd percentile

4.7%

Faster asset growth than 52% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-12%

Faster revenue growth than 16% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,940,915

Up $222,023 (+4.7%) from 2023

Liabilities

Down

$18,199

Down $45,013 (-71%) from 2023

Net Assets

Up

$4,922,716

Up $267,036 (+5.7%) from 2023

Revenue

Down

$636,399

Down $90,599 (-12%) from 2023

Expenses

Down

$369,363

Down $183,209 (-33%) from 2023

Net Income

Up

$267,036

Up $92,610 (+53%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,991,574Liabilities 2010: $8,441Net Assets 2010: $1,983,1332010Assets 2011: $2,054,759Liabilities 2011: $64,697Net Assets 2011: $1,990,0622011Assets 2012: $2,254,329Liabilities 2012: $32,115Net Assets 2012: $2,222,2142012Assets 2013: $2,469,565Liabilities 2013: $14,495Net Assets 2013: $2,455,0702013Assets 2014: $2,712,585Liabilities 2014: $9,232Net Assets 2014: $2,703,3532014Assets 2015: $2,958,422Liabilities 2015: $35,174Net Assets 2015: $2,923,2482015Assets 2016: $3,185,217Liabilities 2016: $24,889Net Assets 2016: $3,160,3282016Assets 2017: $3,455,706Liabilities 2017: $33,773Net Assets 2017: $3,421,9332017Assets 2018: $3,747,192Liabilities 2018: $33,105Net Assets 2018: $3,714,0872018Assets 2019: $4,061,502Liabilities 2019: $24,530Net Assets 2019: $4,036,9722019Assets 2020: $4,291,053Liabilities 2020: $44,890Net Assets 2020: $4,246,1632020Assets 2021: $4,343,380Liabilities 2021: $28,148Net Assets 2021: $4,315,2322021Assets 2022: $4,498,437Liabilities 2022: $17,183Net Assets 2022: $4,481,2542022Assets 2023: $4,718,892Liabilities 2023: $63,212Net Assets 2023: $4,655,6802023Assets 2024: $4,940,915Liabilities 2024: $18,199Net Assets 2024: $4,922,7162024

Highlighted filing

2024

Assets$4,940,915
Liabilities$18,199
Net Assets$4,922,716

Operations Trend

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

$800K$600K$400K$200K$0Expenses 2010: $335,9562010Expenses 2011: $376,1912011Expenses 2012: $368,7812012Expenses 2013: $322,0242013Revenue 2014: $587,282Expenses 2014: $338,999Net Income 2014: $248,2832014Revenue 2015: $576,934Expenses 2015: $357,039Net Income 2015: $219,8952015Revenue 2016: $550,128Expenses 2016: $313,048Net Income 2016: $237,0802016Revenue 2017: $612,891Expenses 2017: $351,286Net Income 2017: $261,6052017Revenue 2018: $685,505Expenses 2018: $393,351Net Income 2018: $292,1542018Revenue 2019: $750,915Expenses 2019: $428,030Net Income 2019: $322,8852019Revenue 2020: $660,632Expenses 2020: $451,441Net Income 2020: $209,1912020Revenue 2021: $506,303Expenses 2021: $437,234Net Income 2021: $69,0692021Revenue 2022: $550,991Expenses 2022: $384,969Net Income 2022: $166,0222022Revenue 2023: $726,998Expenses 2023: $552,572Net Income 2023: $174,4262023Revenue 2024: $636,399Expenses 2024: $369,363Net Income 2024: $267,0362024

Highlighted filing

2024

Revenue$636,399
Expenses$369,363
Net Income$267,036

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.94$0.02$4.92$0.64$0.37$0.27
2023Detailed filing. Detailed filing data is available for this year.$4.72$0.06$4.66$0.73$0.55$0.17
2022Detailed filing. Detailed filing data is available for this year.$4.50$0.02$4.48$0.55$0.38$0.17
2021Detailed filing. Detailed filing data is available for this year.$4.34$0.03$4.32$0.51$0.44$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.29$0.04$4.25$0.66$0.45$0.21
2019Detailed filing. Detailed filing data is available for this year.$4.06$0.02$4.04$0.75$0.43$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.75$0.03$3.71$0.69$0.39$0.29
2017Detailed filing. Detailed filing data is available for this year.$3.46$0.03$3.42$0.61$0.35$0.26
2016Detailed filing. Detailed filing data is available for this year.$3.19$0.02$3.16$0.55$0.31$0.24
2015Detailed filing. Detailed filing data is available for this year.$2.96$0.04$2.92$0.58$0.36$0.22
2014Detailed filing. Detailed filing data is available for this year.$2.71$0.01$2.70$0.59$0.34$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.01$2.46$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.03$2.22$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.06$1.99$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.01$1.98$0.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Dec 1, 2024
Return Version
2023v5.0
Gross Receipts
$636,399
Mission and Program Overview

Mission

The organization promotes the mission and programs of the canadian river municipal water authority in providing quality water to member cities through a program of salinity control.

Promoting the purposes and programs of the municipal water authority.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,700,251$4,914,075▲ $213,824
Cash and Non-Interest-Bearing Accounts$18,641$15,655▼ $2,986
Accounts Receivable-$4,935-
Total Assets$4,718,892$4,940,915▲ $222,023
Other Assets Total-$6,250-
Liabilities
Accounts Payable and Accrued Expenses$63,212$18,199▼ $45,013
Total Liabilities$63,212$18,199▼ $45,013
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,655,680$4,922,716▲ $267,036
Total Net Assets Fund Balance$4,655,680$4,922,716▲ $267,036
Total Liabilities and Net Assets / Fund Balance$4,718,892$4,940,915▲ $222,023
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard EllisPresident
Charles GillinghamDirector
Charles VaughnDirector
Cris NorrisDirector
Glendon JettDirector
James CollinsDirector
Jay Dee HouseDirector
Jay HouseDirector
Jerry CarlsonDirector
Mac SmithDirector
Mark MeurerDirector
Rickey DunnDirector
Roy UrrutiaDirector
Ryan HallDirector
Vo OrtegaDirector
William HallerbergDirector
Drew SatterwhiteGen Manager/
Tyke DippreyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$369,363
Investment Income
$267,036
Other Revenue
$0
Change in Net Assets
$267,036
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$228,333
Other Expenses$141,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,303--$161,303
Insurance$43,200--$43,200
Other Employee Benefits$31,297--$31,297
Pension Plan Contributions$22,632--$22,632
Payroll Taxes$13,101--$13,101
Other Expenses$5,937--$5,937
Fees for Services Other$2,520--$2,520
Fees for Services Accounting$750--$750
Travel$616--$616
All Other Expenses$311--$311
Total Functional Expenses$369,363$0$0$369,363
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
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's form 990 is reviewed by the general manager who has authority from the board of directors to sign the form 990.

Form 990, Page 6, Part VI, Line 19

The organization's form 990 is available for public inspection upon request by contacting canadian river municipal water authority, po box 9, sanford, tx 79078.

Filing and Contact Details

Filer

Filer Name
Canadian River Municipal Water
EIN
75-2780305
Phone
8068653325
Address
PO BOX 9, SANFORD, TX 79078

Signing Officer

Name
Drew Satterwhite
Title
Gen Manager/sec/trea
Phone
8068653325
Signed
2024-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Drew Satterwhite
Formed
1999
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
Employees
2

Preparer

Firm
Doshier Pickens & Francis LLC
Address
301 S POLK ST STE 800, AMARILLO, TX 79101
Preparer
John M Merriss CPA
Phone
8063733011
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE GENERAL MANAGER WHO HAS AUTHORITY FROM THE BOARD OF DIRECTORS TO SIGN THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST BY CONTACTING CANADIAN RIVER MUNICIPAL WATER AUTHORITY, PO BOX 9, SANFORD, TX 79078.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalProgramServiceRevenueAmt0369363
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0636399
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04718892
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IRS990/TravelGrp/ProgramServicesAmt0616
IRS990/TravelGrp/TotalAmt0616
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 9
IRS990/USAddress/CityNm0SANFORD
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079078
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IRS990/WebsiteAddressTxt0CRMWA.COM
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DREW SATTERWHITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GEN MANAGER/SEC/TREA
ReturnHeader/BusinessOfficerGrp/PhoneNum08068653325
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CANADIAN RIVER MUNICIPAL WATER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0AUTHORITY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CANA
ReturnHeader/Filer/EIN0752780305
ReturnHeader/Filer/PhoneNum08068653325
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 9
ReturnHeader/Filer/USAddress/CityNm0SANFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079078
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263902769
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOSHIER PICKENS & FRANCIS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 S POLK ST STE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AMARILLO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079101
ReturnHeader/PreparerPersonGrp/PhoneNum08063733011
ReturnHeader/PreparerPersonGrp/PreparationDt02024-12-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN M MERRISS CPA
ReturnHeader/ReturnTs02024-12-09T15:01:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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