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Filing year 2024

G-M WATER SUPPLY CORPORATION

Hemphill, Texas·EIN 75-1645192·12
Total revenue
$2.9M
Total assets
$12.3M
Total expenses
$3M
Reported officers
9
Mission

TO PROVIDE RURAL WATER SERVICES.

Executive compensation

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

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

Director
Board Member
Below 10th percentile
$700
$742
President
Board President
Below 10th percentile
$650
$689
Vice President
Below 10th percentile
$650
$689
Secretary/treasurer
Board Treasurer
Below 10th percentile
$600
$636
Director
Board Member
Below 10th percentile
$600
$636
Director
Board Member
Below 10th percentile
$500
$530
Director
Board Member
Below 10th percentile
$450
$477
Director
Board Member
Below 10th percentile
$400
$424
Director
Board Member
Below 10th percentile
$350
$371

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.

Pay for the position

Board Member pay rose 40% from 2023 to 2024, while revenue fell 13%.

$500 in 2023 to $700 in 2024.
  • Board President pay rose 18% from 2023 to 2024.
  • Vice President pay rose 30% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

G-M WATER SUPPLY CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.3M
$2.7M
2023
$2.9M
$3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about G-M WATER SUPPLY CORPORATION

What does the Board Member of G-M WATER SUPPLY CORPORATION earn?

In 2024, the Board Member of G-M WATER SUPPLY CORPORATION received $700 in total compensation. This pay is in the bottom 10% for Board Member roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at G-M WATER SUPPLY CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at G-M WATER SUPPLY CORPORATION falls in the bottom 10%.

What are G-M WATER SUPPLY CORPORATION's revenue and expenses?

In 2024, G-M WATER SUPPLY CORPORATION reported $2.9M in total revenue and $3M in total expenses on its IRS Form 990.

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