2026-04-23T16:00:48-04:00 2025-12-31 752137042 BOUCHER MORGAN & YOUNG PC CPA P O BOX 203 STEPHENVILLE TX 76401 990 2025-01-01 752398330 LAKE PALO PINTO AREA WATER SUPPLY CORPORATION LAKE 9407693345 PO BOX 410 GORDON TX 76453 KAREN KOONSMAN PRESIDENT 9407693345 2026-04-23 true REMINGTON T O'DELL P01225797 2549657321 2026-04-23 2025 2025-03-06 01:10:19Z KAREN KOONSMAN 2370 S LAKEVIEW DR GORDON TX 76453 1081370 false X N/A X TO PROVIDE LOW COST WATER SERVICE TO THE RESIDENTS OF THE LAKE PALO PINTO WATER AREA. 7 7 4 7 0 120735 895556 957418 3585 3217 0 899141 1081370 0 0 225572 239271 0 0 847290 914830 1072862 1154101 -173721 -72731 4059561 3946418 1852841 1812429 2206720 2133989 TO PROVIDE LOW COST WATER SERVICE TO THE RESIDENTS OF THE LAKE PALO PINTO WATER AREA. false false 1081254 957418 THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE RESIDENTS OF THE LAKE PALO PINTO AREA WITH A LOW COST WATER SUPPLY SYSTEM WHERE MUNICIPAL WATER IS NOT AVAILABLE. 1081254 false true false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false true false false false false false false false true 3 0 true 4 true false false false false false 905679 51739 false false false X 7 7 false false false false true true false true true false false true true true true false true true false false X KRISENDA CRISWELL 9407693345 4500 N LAKEVIEW DR PALO PINTO TX 76484 X KAREN KOONSMAN PRESIDENT 2.00 X X 0 0 0 HARRY ROMINE VICE PRESIDE 2.00 X X 0 0 0 JERRY STREETER SECRETARY/TR 2.00 X X 0 0 0 RICHARD BEST BOARD MEMBER 2.00 X 0 0 0 BRUCE ROGERS BOARD MEMBER 2.00 X 0 0 0 LAURA JONES BOARD MEMBER 2.00 X 0 0 0 WAYNE CAMPAIGN BOARD MEMBER 2.00 X 0 0 0 false false false 120735 120735 120735 WATER REVENUE 905679 905679 OTHER REVENUE 51739 51739 957418 3217 3217 1081370 960635 177445 172122 5323 4836 3869 967 43375 34700 8675 13615 10892 2723 15025 15025 15536 15536 1015 1015 11606 1161 10445 46405 41764 4641 75887 75887 373062 369525 3537 39715 34155 5560 REPAIRS & MAINTENANCE 128524 128524 SUPPLIES/CHEMICALS 114361 114361 DIRECT WATER COST 40469 40469 AUTO EXPENSE 28886 28886 24339 8388 15951 1154101 1081254 72847 0 580228 623556 183327 185681 86374 95573 25985 12265 65879 59991 23333 26976 9911934 7052133 3094435 2859801 82575 4059561 3946418 45920 120716 1806921 1691713 1852841 1812429 X 2206720 2133989 2206720 2133989 4059561 3946418 -72731 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28006 28006 103712 67573 36139 9780216 6984560 2795656 2859801 1081370 1081370 1081370 1154101 1154101 1154101 X 1 120735 COST OF CONSTRUCTION false true false FORM 990, PAGE 1, PART I, LINE 6 BOARD OF DIRECTORS IS COMPRISED OF VOLUNTEERS ELECTED FROM THE MEMBERSHIP. NO COMPENSATION OR BENEFITS FROM ELECTED POSITIONS ON THE BOARD. FORM 990, PAGE 6, PART VI, LINE 6 ONLY MEMBERS MAY RECEIVE WATER SERVICE. MEMBERS PAY AN INITIAL DEPOSIT AMOUNT, PAY TO HAVE METER INSTALLED, AND HAVE AN INITIAL CONTRIBUTION TO THE FUND FOR REPLACEMENT OF EQUIPMENT. SUBSEQUENTLY MEMBERS PAY FOR WATER BASED UPON VOLUME USED. FORM 990, PAGE 6, PART VI, LINE 7A BOARD MEMBERS ARE ELECTED AT THE ANNUAL MEETING BY THE GENERAL MEMBERSHIP. THREE MEMBERS ARE ELECTED EACH YEAR FOR THREE YEAR TERMS. FORM 990, PAGE 6, PART VI, LINE 11B BOARD MEMBERS REVIEW THE ANNUAL FORM 990 AT A BOARD MEETING PRIOR TO FILING WITH INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL MEETING OF MEMBERSHIP INCLUDES ELECTION OF BOARD OF DIRECTORS. ALL DISCLOSURES OF CONFLICTS OF INTEREST ARE MADE AT ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 15A CEO IS THE GENERAL MANAGER, FULL TIME EMPLOYEE- BOARD APPROVES ANNUAL SALARY FOR THE GENERAL MANAGER AND ALL OTHER EMPLOYEES. NO PAYMENT FOR SERVICES TO ANY OTHER BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION OFFICE.