Nonprofit · EIN 23-7424818
CRAFT-TURNEY WATER SUPPLY CORPORATION
Tax-exempt · JACKSONVILLE, TX 75766
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,917,503 | $1,786,629 | $130,874 | $5,563,055 | $1,945,636 | $3,617,419 |
| December 31, 2024 | 990 | $1,882,206 | $1,640,822 | $241,384 | $5,664,569 | $2,193,308 | $3,471,261 |
| December 31, 2023 | 990 | $1,864,732 | $1,606,597 | $258,135 | $5,571,129 | $2,359,938 | $3,211,191 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,875,168
- Investment income
- $34,867
- Other revenue
- $7,468
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $445,245
- Salaries, compensation and benefits (total)
- $574,677
- Professional fundraising fees
- $0
- Depreciation
- $242,395
- Program services (functional)
- $1,786,629
Balance sheet and other
- Total assets, start of year
- $5,664,569
- Total assets, end of year
- $5,563,055
- Total liabilities, end of year
- $1,945,636
- Net assets, end of year
- $3,617,419
- Land, buildings and equipment
- $4,261,225
- Publicly traded securities
- $245,431
- Net assets without donor restrictions
- $3,617,419
- Gross receipts
- $1,917,503
- Employees
- 8
- Volunteers
- 5
- Year formed
- 1964
- State of legal domicile
- TX
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE BEARDEN | Director Trustee or director | 1 | $0 |
| SANDRA G THOMPSON | Director Trustee or director | 1 | $0 |
| BRAD MORTON | Sec/Treasurer Trustee or director, Officer | 1 | $0 |
| OLEN MORTON | President Trustee or director, Officer | 1 | $0 |
| JOHN HAWKINS | Vice President Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE BEARDEN | Director Trustee or director | 1 | $0 |
| SANDRA G THOMPSON | Director Trustee or director | 1 | $0 |
| BRAD MORTON | Sec/Treasurer Trustee or director, Officer | 1 | $0 |
| OLEN MORTON | President Trustee or director, Officer | 1 | $0 |
| JOHN HAWKINS | Vice President Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE BEARDEN | Director Trustee or director | 1 | $0 |
| SANDRA G THOMPSON | Director Trustee or director | 1 | $0 |
| BRAD MORTON | Sec/Treasurer Trustee or director, Officer | 1 | $0 |
| OLEN MORTON | President Trustee or director, Officer | 1 | $0 |
| JOHN HAWKINS | Vice President Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 505 SE LOOP 456, JACKSONVILLE, TX 75766-9479
- Principal officer (990 for 2025)
- OLEN MORTON, 505 SE LOOP 456, JACKSONVILLE, TX 75766
- Signed the 990
- OLEN MORTON, President
- Phone
- (903) 586-9301
- Website
- www.ctwscorp.com
- Return prepared by
- HENRY & PETERS PC
Mission
PROVIDING WATER UTILITIES TO RURAL AREAS
Program accomplishments
- PROVIDE WATER UTILITIES TO RURAL AREAS IN CHEROKEE COUNTY, TEXASExpenses $1,786,629 · revenue $1,932,787
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7424818
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,563,055
- Income (IRS master file)
- $1,917,503
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,917,503 | $1,786,629 | $5,563,055 | XML |
| 990 | December 2024 | $1,882,206 | $1,640,822 | $5,664,569 | XML |
| 990 | December 2023 | $1,864,732 | $1,606,597 | $5,571,129 | XML |
| 990 | December 2022 | $1,776,087 | $1,615,420 | $5,428,610 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 23-7424818).
Questions about CRAFT-TURNEY WATER SUPPLY CORPORATION
- What is the EIN of CRAFT-TURNEY WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of CRAFT-TURNEY WATER SUPPLY CORPORATION is 23-7424818.
- Is CRAFT-TURNEY WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1988.
- Are donations to CRAFT-TURNEY WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CRAFT-TURNEY 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 CRAFT-TURNEY 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 CRAFT-TURNEY 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 CRAFT-TURNEY WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 names OLEN MORTON.
- Who are the officers and directors of CRAFT-TURNEY 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 CRAFT-TURNEY WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,917,503, expenses of $1,786,629 and total assets of $5,563,055 at year end.
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