Nonprofit · EIN 23-7126094
LOOP WATER SUPPLY CORPORATION
Tax-exempt · LOOP, TX 79342
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $87,205 | $93,124 | -$5,919 | $417,063 | $683 | $416,380 |
| December 31, 2023 | 990-EZ | $82,430 | $90,191 | -$7,761 | $425,587 | $563 | $425,024 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Program service revenue
- $86,126
- Investment income
- $1,079
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $23,067
- Professional fees and payments to contractors
- $350
- Other expenses
- $69,707
- Program services (functional)
- $93,124
Balance sheet and other
- Total assets, start of year
- $425,587
- Total assets, end of year
- $417,063
- Total liabilities, end of year
- $683
- Net assets, end of year
- $416,380
- Cash, savings and investments
- $150,739
- Land and buildings
- $27,885
- Gross receipts
- $87,205
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCUS CROW | President | 0 | $0 |
| RANDY REID | Secretary-Treas | 0 | $0 |
| HEATH BLACKMON | Vice President | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCUS CROW | President | 0 | $0 |
| RANDY REID | Secretary-Treas | 0 | $0 |
| HEATH BLACKMON | Vice President | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX N, LOOP, TX 79342-0375
- Signed the 990-EZ
- MARCUS CROW, President
- Return prepared by
- Donna Sellers CPA
Mission
PROVIDING WATER SERVICE TO MEMBERS
Program accomplishments
- WATER TRANSMISSION WAS PROVIDED TO MEMBERSExpenses $93,124
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 23-7126094
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $417,063
- Income (IRS master file)
- $87,205
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $87,205 | $93,124 | $417,063 | XML |
| 990-EZ | December 2023 | $82,430 | $90,191 | $425,587 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 23-7126094).
Questions about LOOP WATER SUPPLY CORPORATION
- What is the EIN of LOOP WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of LOOP WATER SUPPLY CORPORATION is 23-7126094.
- Is LOOP WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1972.
- Are donations to LOOP WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOOP 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 LOOP 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 LOOP 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 LOOP WATER SUPPLY CORPORATION?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does LOOP WATER SUPPLY CORPORATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $87,205, expenses of $93,124 and total assets of $417,063 at year end.
Other nonprofits in LOOP
- LOOP LONGHORN BOOSTERS EIN 47-3785831 · last filed 990-N for 2024