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Filing year 2023

Fort Gates Water Supply Corporation

Gatesville, Texas·EIN 74-1600312·501(c)(12)
Total revenue
$861k
Total assets
$1.9M
Total expenses
$760k
Reported officers
7
Mission

Distribution of water to members

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$430k
$469k
Base
$50k
Bonus
Other
$380k
Benefits
Director
Board Member
Below 10th percentile
$360
$393
Treasurer
Officer (Unspecified)
$360
$393
Director
Board Member
Below 10th percentile
$360
$393
Vice President
Below 10th percentile
$360
$393
Director
Board Member
Below 10th percentile
$360
$393
Director
Board Member
Below 10th percentile
$360
$393

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Top compensation, year by year

From $117k in 2022 to $430k in 2023.

$117k
2022
$430k
2023
In today's dollarsEst.
Up 250% in real terms$134k to $469k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 412% from 2022 to 2023, while revenue rose 21%.

$84k in 2022 to $430k in 2023.
  • Board Member pay fell 100% from 2022 to 2023.
  • Vice President pay rose 20% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Fort Gates Water Supply Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$714k
$725k
2022
$861k
$760k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Fort Gates Water Supply Corporation

What does the Chief Executive Officer of Fort Gates Water Supply Corporation earn?

In 2023, the Chief Executive Officer of Fort Gates Water Supply Corporation received $429,639 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Fort Gates Water Supply Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Fort Gates Water Supply Corporation falls in the top 10%.

What are Fort Gates Water Supply Corporation's revenue and expenses?

In 2023, Fort Gates Water Supply Corporation reported $861k in total revenue and $760k in total expenses on its IRS Form 990.

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