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Nonprofit · EIN 37-1019959

CLEAR WATER SERVICE CORPORATION

Tax-exempt · MATTOON, IL 61938

Financials

$2.6M$1.6M2022$2.3M$2M2023$2.1M$2M2024
Revenue Expenses · by fiscal year end
Financials of CLEAR WATER SERVICE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$2,070,781$1,993,567$77,214$5,845,869$318,682$5,527,187
September 30, 2024990$2,277,931$2,029,901$248,030$5,772,450$322,477$5,449,973
September 30, 2023990$2,598,980$1,622,159$976,821$5,474,789$272,846$5,201,943
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,029,762
Investment income
$32,723
Net gain from sales of assets
$4,987
Other revenue
$8,296

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$122,000
Other salaries and wages
$501,755
Salaries, compensation and benefits (total)
$767,007
Professional fundraising fees
$0
Accounting fees
$23,314
Occupancy
$31,984
Travel
$614
Depreciation
$316,094

Balance sheet and other

Total assets, start of year
$5,772,450
Total assets, end of year
$5,845,869
Total liabilities, end of year
$318,682
Net assets, end of year
$5,527,187
Land, buildings and equipment
$4,539,666
Net assets without donor restrictions
$5,527,187
Gross receipts
$2,071,294
Employees
8
Year formed
1974
State of legal domicile
IL

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KORY CULPCEO
Officer
40$122,000$9,760
BRIAN FOGARTYPRESIDENT
Trustee or director, Officer
2$0$0
STAN UPHOFFVICE-PRESIDE
Trustee or director, Officer
2$0$0
PAM WRIGHTSECRETARY
Trustee or director, Officer
1$0$0
CHRIS SWINGTREASURER
Trustee or director, Officer
1$0$0
AARON HOLTASST. SECRET
Trustee or director, Officer
1$0$0
BOB SCHAFERASST. TREASU
Trustee or director, Officer
1$0$0
TODD PADRICKDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
KORY CULPCEO
Officer
40$101,200$8,160
AARON HOLTPRESIDENT
Trustee or director, Officer
2$0$0
STAN UPHOFFVICE-PRESIDE
Trustee or director, Officer
2$0$0
PAM WRIGHTSECRETARY
Trustee or director, Officer
1$0$0
CHRIS SWINGTREASURER
Trustee or director, Officer
1$0$0
BOB SCHAFERASST. SECRET
Trustee or director, Officer
1$0$0
BRIAN FOGARTYASST. TREASU
Trustee or director, Officer
1$0$0
TODD PADRICKDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
KORY CULPCEO
Officer
40$96,615$7,729
AARON HOLTPRESIDENT
Trustee or director, Officer
2$0$0
STAN UPHOFFVICE-PRESIDE
Trustee or director, Officer
2$0$0
PAM WRIGHTSECRETARY
Trustee or director, Officer
1$0$0
KYNDY SCHAEFERTREASURER
Trustee or director, Officer
1$0$0
BOB SCHAFERASST. SECRET
Trustee or director, Officer
1$0$0
CHRIS SWINGASST. TREASU
Trustee or director, Officer
1$0$0
TODD PADRICKDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2020 N COUNTY ROAD 150E, MATTOON, IL 61938-8659
Principal officer (990 for 2024)
KORY CULP
Signed the 990
KORY CULP, CEO
Phone
(217) 258-6711
Return prepared by
DOEHRING WINDERS & CO LLP

Mission

TO PROVIDE RURAL WATER SERVICE TO RESIDENTS OF COLES AND CUMBERLAND COUNTIES.

990 for the year ended September 30, 2025

Program accomplishments

  • TO PROVIDE OVER 160,000,000 GALLONS OF WATER TO OVER 3,500 RURAL CUSTOMERS.

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
37-1019959
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1977
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,845,869
Income (IRS master file)
$2,071,294

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$2,070,781$1,993,567$5,845,869XML
990September 2024$2,277,931$2,029,901$5,772,450XML
990September 2023$2,598,980$1,622,159$5,474,789XML
990September 2022$1,221,269$1,466,443$4,510,078IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 37-1019959).

Questions about CLEAR WATER SERVICE CORPORATION

What is the EIN of CLEAR WATER SERVICE CORPORATION?
The employer identification number (EIN) of CLEAR WATER SERVICE CORPORATION is 37-1019959.
Is CLEAR WATER SERVICE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1977.
Are donations to CLEAR WATER SERVICE CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CLEAR WATER SERVICE 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 CLEAR WATER SERVICE CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLEAR WATER SERVICE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of CLEAR WATER SERVICE CORPORATION?
The 990 for the year ended September 30, 2025 names KORY CULP.
Who are the officers and directors of CLEAR WATER SERVICE CORPORATION?
The 990 for the year ended September 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $122,000 (KORY CULP, CEO).
How much revenue does CLEAR WATER SERVICE CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $2,070,781, expenses of $1,993,567 and total assets of $5,845,869 at year end.

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