LOOP 360 WATER SUPPLY CORPORATION Charity Report

Public IRS 990 nonprofit record

LOOP 360 WATER SUPPLY CORPORATION

EIN 74-2337259 · Agricultural Programs (K20)

What they do

The Organization Furnishes Water Supply to Its Members.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$86.10of every $100 spent was reported for mission workThe IRS calls this “program services.”

$73.12spent for every $100 of revenueRevenue covered expenses this year.

$13.90of every $100 spent was reported for management and office costsThis number alone does not tell us how much good they did.

$5.63in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,094 for RICHARD SIELING (TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 went

These are the charity’s reported Form 990 spending categories.

Mission workProgram services$86.10

ManagementOffice and general costs$13.90

FundraisingAsking for donations$0.00

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202486.1% mission

202386.3% mission

202289.8% mission

202192.0% mission

202088.3% mission

201984.4% mission

201887.3% mission

201786.8% mission

Money in and money out

Revenue$2,381,233

Expenses$1,741,045

Annual surplus $640,188 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,498,791 · 86.1% of expenses

Management and office costs$242,254 · 13.9% of expenses

See all reported dollar amounts

Revenue$2,381,233

Expenses$1,741,045

Assets$9,794,568

Income$2,381,233

Mission work (program services)$1,498,791

Management and general$242,254

Accounting fees$17,800

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RICHARD SIELINGTREASURER · 2 hrs/week $3,094

ROSS CUMMINGSPRESIDENT · 2 hrs/week $3,094

MARVIN BENDELEDIRECTOR · 2 hrs/week $2,873

NICK TSOURMASSECRETARY · 2 hrs/week $2,873

GLENN WESTVICE PRESIDENT · 2 hrs/week $2,652

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

RICHARD SIELINGTREASURER

ROSS CUMMINGSPRESIDENT

MARVIN BENDELEDIRECTOR

NICK TSOURMASSECRETARY

GLENN WESTVICE PRESIDENT

About this charity

Recognized since: January 2002
Location: 500 Capital of Texas Highway North, Austin, TX 78746
County: Travis
In care of: Ross Cummings
Primary officer: Ross Cummings, President

How to reach them

WebsiteVisit the charity’s website Phone(512) 402-1990

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: MONTEMAYOR BRITTON BENDER CAREY PC
NTEE classification: Agricultural Programs (K20)
IRS tax category: Agricultural Programs