Wimberley Water Supply Corporation
Nonprofit profile at a glance
- EIN
- 741561165
- IRS 990 coverage
- 2014–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Wimberley, TX, US
- Phone
- (512) 847-2323
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,867,623
- Expenses
- $1,559,952
- Assets
- $9,948,072
- Liabilities
- $145,393
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Matt Meeks (President)
- Gail Pigg (1st Vice President)
- Scott Johnson (2nd Vice President)
- Craig Fore (3rd Vice President)
Highest reported compensation
- Garrett Allen (General Manager): $191,783 total reported compensation
- Matt Meeks (President): $2,000 total reported compensation
- Craig Fore (3rd Vice President): $1,650 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At Wimberley Water Supply Corporation, we are committed to providing clean, safe water for all our residents.
What it reported doing in 2025
The organization was formed for the purpose of furnishing a potable water supply for approx. 1,900 customers residing in the community for Wimberley, TX, and surrounding rural areas.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Accountability: 60
- Sustainability: 67
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 71.4%; rating input score 71; 18th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 16.5%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 6.38; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 12.5%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: -0.3% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 26th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 5 of 7 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $192K · 8 people listed
- Consistency: 13 of 15 current checks pass · 2 findings to review
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX AllOtherExpenses column sum did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.