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Nonprofit · EIN 03-0429181

FALLS WATER SUPPLY CORPORATION

Tax-exempt · PIPE CREEK, TX 78063

Financials

$50K$27K2023$51K$56K2024
Revenue Expenses · by fiscal year end
Financials of FALLS WATER SUPPLY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$51,097$56,181-$5,084$196,712–$122,021
December 31, 2023990-EZ$50,223$26,753$23,470$167,942$40,837$127,105
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Membership dues
$50,990
Investment income
$107

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$37,323
Occupancy
$1,114
Other expenses
$17,744

Balance sheet and other

Total assets, start of year
$167,942
Total assets, end of year
$196,712
Total liabilities, end of year
–
Net assets, end of year
$122,021
Cash, savings and investments
$140,952
Land and buildings
$55,760
Gross receipts
$51,097

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BOB REEVESPRESIDENT0$0
PAUL AHRENSVICE PRESIDENT0$0
ARNEDA REEVESSECRETARY0$0
LESLIE SHASHACKTREASURER0$0
MIKE JOHNSTONDIRECTOR0$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
BOB REEVESPRESIDENT0$0
PAUL AHRENSVICE PRESIDE0$0
ARNEDA REEVESSECRETARY0$0
LESLIE SHASHACKTREASURER0$0
MIKE JOHNSTONDIRECTOR0$0

Address and contacts

Address (IRS master file)
5054 ENGLISH CROSSING RD, PIPE CREEK, TX 78063-7209
In care of
% RUDY SOLIZ
Signed the 990-EZ
BOB REEVES, PRESIDENT
Phone
(210) 414-1541
Return prepared by
MARTIN TAX

Mission

Provide water to rural community.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • DELIVERING SAFE WATER TO HOMEOWNERS AND MAINTAINING WELLS AND DISTRIBUTION SYSTEM.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
03-0429181
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$196,712
Income (IRS master file)
$51,097

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$51,097$56,181$196,712XML
990-EZDecember 2023$50,223$26,753$167,942XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0429181).

Questions about FALLS WATER SUPPLY CORPORATION

What is the EIN of FALLS WATER SUPPLY CORPORATION?
The employer identification number (EIN) of FALLS WATER SUPPLY CORPORATION is 03-0429181.
Is FALLS WATER SUPPLY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2007.
Are donations to FALLS WATER SUPPLY CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FALLS WATER SUPPLY CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FALLS WATER SUPPLY CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FALLS WATER SUPPLY CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of FALLS WATER SUPPLY CORPORATION?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does FALLS WATER SUPPLY CORPORATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $51,097, expenses of $56,181 and total assets of $196,712 at year end.

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