2025-11-06T16:05:15-06:00 2024-12-31 742533381 JRBT PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2024-01-01 751320972 CHATFIELD WATER SUPPLY CORPORATION CHAT 9033453463 PO BOX 158 POWELL TX 75153 GARY BERRY PRESIDENT 9033453463 2025-10-31 1 1 TIMOTHY B HARRISON P02454951 2547764190 2025-10-31 2024 2025-03-06 01:10:19Z GARY BERRY 15610 NE 3030 KERENS TX 75144 2312831 0 X N/A X 1967 TX TO PROVIDE WATER SERVICE TO A RURAL AREA 7 7 9 0 0 0 8373 9181 2140433 2263533 28851 40117 0 0 2177657 2312831 9450 7700 0 0 532654 546067 0 0 0 1312111 1364473 1854215 1918240 323442 394591 5189953 5360894 698870 475220 4491083 4885674 TO PROVIDE WATER SERVICE TO A RURAL AREA 0 0 1647714 7700 2263533 RURAL WATER SALES 1647714 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 9 0 0 0 0 0 0 0 0 0 0 1953024 309947 0 0 0 X 7 7 0 1 0 0 1 1 0 1 1 0 0 1 1 0 0 0 1 0 0 0 X THE ORGANIZATION 9033453463 PO BOX 158 POWELL TX 75153 X GARY BERRY PRESIDENT 1.00 X X 0 0 0 CLAY JACKSON VICE PRESIDENT 1.00 X X 0 0 0 RON BUCKLEY SECRETARY/TREASURER 1.00 X X 0 0 0 THOMAS HILL DIRECTOR 1.00 X 0 0 0 WAYNE COTTEN DIRECTOR 1.00 X 0 0 0 RITA WEST DIRECTOR 1.00 X 0 0 0 DARRELL COBB DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 TANK & VESSEL BUILDERS LP 100 EAST T P LANE BAIRD TX 79504 225000 VIKING PAINTING LLC PO BOX 24162 OMAHA NE 68124 197600 2 9181 9181 WATER SALES 221000 1835961 1835961 CAPITAL RECOVERY FEES 221000 269639 269639 INSTALLATIONS 221000 64936 64936 LATE CHARGES 221000 52127 52127 OTHER INCOME 221000 30380 30380 10490 10490 2263533 40117 40117 2312831 2263533 0 40117 7700 7700 451141 309656 141485 64550 41861 22689 30376 19699 10677 36470 36470 29386 29386 6923 6923 246036 246036 22896 22896 WATER SUPPLY SERVICE 716772 716772 REPAIRS & MAINTENANCE 139026 139026 SUPPLIES 77547 77547 UTILITIES 75776 75776 13641 13641 1918240 1647714 270526 0 677780 409418 919615 793375 303861 209895 8794539 4846333 3288697 3948206 5189953 5360894 331729 233033 134523 0 232618 242187 698870 475220 X 4487296 4879844 3787 5830 4491083 4885674 5189953 5360894 394591 0 X 0 1 X 1 0 51166 51166 226262 121543 104719 671179 502183 168996 7845932 4222607 3623325 3948206 MEMBER DEPOSITS 242187 242187 X 2312831 0 2312831 0 2312831 1918240 0 1918240 0 1918240 PART X, LINE 2: THE CORPORATION IS A NONPROFIT ORGANIZATION FORMED UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE CORPORATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS IF SUCH POSITIONS ARE PROBABLE OF BEING SUSTAINED (I.E. PROBABLE THAT ADJUSTMENTS WOULD NOT BE DETECTED AND MADE BY TAXING AUTHORITIES). RECOGNIZED INCOME TAX PROVISIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE CORPORATION RECORDS INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS AND PENALTIES IN MISCELLANEOUS EXPENSES. 0 SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGES AND UNIVERSITIES 7 7700 FORM 990, PART VI, SECTION A, LINE 3 LINE 3 EXPLANATION - THE CORPORATION ENTERED INTO AN AGREEMENT WITH A WATER OPERATIONS COMPANY TO MANAGE THE OPERATIONS OF THE CORPORATION INCLUDING ACCOUNTING, BILLING, AND COLLECTIONS AS WELL AS OPERATION OF THE WATER SYSTEM. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - SHARES OF MEMBERSHIP ARE ISSUED TO A WATER USER WHEN WATER CONNECTION IS MADE. SHARES OF MEMBERSHIP ARE FORFEITED WHEN DISCONNECTION OCCURS. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATION FORMS A BOARD NOMINATING COMMITTEE THAT REVIEW THE BOARD MEMBERS AND NOMINATES BOARD MEMBERS TO REPLACE OR CONTINUE ON THE BOARD AT THE END OF EACH TERM OR WHEN SOMEONE ON THE BOARD VACATES THEIR POSITION. THE PERSON OR PERSONS NOMINATED ARE THEN VOTED ON AT THE ANNUAL MEETING BY MEMBERS EITHER PRESENT OR THROUGH PROXY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE TAX RETURN IS SENT BY THE ACCOUNTANT TO CORPORATION MANAGEMENT FOR REVIEW PRIOR TO FINALIZING THE RETURN. THE RETURN IS REVIEWED BY MANAGEMENT AND ANY APPROPRIATE BOARD MEMBER PRIOR TO SIGNING AND ISSUING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12 OFFICERS AND BOARD MEMBERS RESPOND TO ANNUAL INDEPENDENT AUDITORS' REQUESTS FOR DISCLOSURE OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 18 THE CORPORATIONS FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS ITS GOVERNING DOCUMENTS AND RETAINS ALL REQUIRED FINANCIAL INFORMATION. THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST THROUGHT THE OPEN RECORDS ACT.