Ricardo Water Supply Corporation is governed by a seven member Board of Directors who are elected by its members. The current directors are listed below.
| President | Baldemar Garcia | |
| Vice-President | Robert Garza | |
| Secretary/Treasurer | Oliver Hinojosa | |
| Director | Frank Escobedo | |
| Director | James Fischer | |
| Director | Tisha Jones | |
| Director | Robert Zavala, Jr. |