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Nonprofit · EIN 23-7111592

PAXTON WATER SUPPLY CORPORATION

Tax-exempt · JOAQUIN, TX 75954

Financials

$582K$584K2023$525K$717K2024$741K$627K2025
Revenue Expenses · by fiscal year end
Financials of PAXTON WATER SUPPLY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$741,294$627,440$113,854$943,041-$1,994$945,035
December 31, 2024990$524,951$717,044-$192,093$906,482$179,188$727,294
December 31, 2023990$581,545$584,145-$2,600$1,082,874$196,852$886,022
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$154,000
of which government grants
$154,000
Program service revenue
$587,287
Investment income
$0
Other revenue
$7

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$255,286
Salaries, compensation and benefits (total)
$255,286
Professional fundraising fees
$0
Legal fees
$705
Accounting fees
$387
Occupancy
$30,886
Depreciation
$33,904
Program services (functional)
$627,440

Balance sheet and other

Total assets, start of year
$906,482
Total assets, end of year
$943,041
Total liabilities, end of year
-$1,994
Net assets, end of year
$945,035
Land, buildings and equipment
$821,381
Gross receipts
$741,294
Employees
3
Volunteers
0
Year formed
1967

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Harold IrishBoard Member
Trustee or director
0$0
Jonathan EubankBoard Member
Trustee or director
0$0
Gary ShahanBoard Member
Trustee or director
0$0
Rick KirbyVice President
Officer
0$0
Becky BarkerSecretary
Officer
0$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
ERIC GARRETTPRESIDENT
Trustee or director, Officer
1$33,823
JIMMY HAMILTONVICE PRESIDENT
Trustee or director, Officer
1$0
BECKY BARKERSECRETARY
Trustee or director, Officer
1$0
HAROLD IRISHDIRECTOR
Trustee or director
1$0
JOHNATHAN EUBANKDIRECTOR
Trustee or director
1$0
RICK KIRBYDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ERIC GARRETTPRESIDENT
Trustee or director, Officer
1$0
JIMMY HAMILTONVICE PRESIDE
Trustee or director, Officer
1$0
BECKY BARKERSECRETARY
Trustee or director, Officer
1$0
JIM BOWLINDIRECTOR
Trustee or director
1$0
HAROLD IRISHDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 188, JOAQUIN, TX 75954-0188
In care of
% PAXTON WATER SUPPLY CORPORAT
Principal officer (990 for 2025)
Jimmy Hamilton, PO Box 188, Joaquin, TX 75954
Signed the 990
Jimmy Hamilton, President
Phone
(936) 590-9177
Return prepared by
H AND R BLOCK

Mission

The mission of the water supply is to provide water service to rural areas of shelby county texas. The mission is to be able to provide a clean, safe water supply to the growing customer base.

990 for the year ended December 31, 2025

Program accomplishments

  • to provide water to members located in shelby county texas

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7111592
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$943,041
Income (IRS master file)
$741,294

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$741,294$627,440$943,041IRS
990December 2024$524,951$717,044$906,482XML
990December 2023$581,545$584,145$1,082,874XML
990December 2022$585,962$501,970$1,102,631IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-7111592).

Questions about PAXTON WATER SUPPLY CORPORATION

What is the EIN of PAXTON WATER SUPPLY CORPORATION?
The employer identification number (EIN) of PAXTON WATER SUPPLY CORPORATION is 23-7111592.
Is PAXTON WATER SUPPLY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1998.
Are donations to PAXTON WATER SUPPLY CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PAXTON 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 PAXTON WATER SUPPLY CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PAXTON WATER SUPPLY CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PAXTON WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2025 names Jimmy Hamilton.
Who are the officers and directors of PAXTON WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does PAXTON WATER SUPPLY CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $741,294, expenses of $627,440 and total assets of $943,041 at year end.

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