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Nonprofit · EIN 74-1550087

RIVER ACRES WATER SUPPLY CORP

Tax-exempt · ROBSTOWN, TX 78380

Financials

$1.3M$1.3M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of RIVER ACRES WATER SUPPLY CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,295,311$1,171,970$123,341$6,234,266$3,199,350$3,034,916
December 31, 2023990$1,296,499$1,264,813$31,686$6,212,401$3,300,826$2,911,575
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,290,230
Investment income
$5,015
Other revenue
$66

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$86,111
Salaries, compensation and benefits (total)
$92,554
Professional fundraising fees
$0
Legal fees
$54,320
Accounting fees
$14,825
Occupancy
$18,189
Travel
$1,486
Depreciation
$235,217

Balance sheet and other

Total assets, start of year
$6,212,401
Total assets, end of year
$6,234,266
Total liabilities, end of year
$3,199,350
Net assets, end of year
$3,034,916
Land, buildings and equipment
$4,569,461
Net assets without donor restrictions
$2,658,542
Net assets with donor restrictions
$376,374
Gross receipts
$1,295,311
Employees
2
Year formed
1965
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID WISHARDPRESIDENT
Trustee or director, Officer
–$0
JOHN FERNANVICE PRESIDE
Trustee or director, Officer
–$0
JANINE PRUSKISEC / TREAS
Trustee or director, Officer
–$0
RONALD HELLBERGDIRECTOR
Trustee or director
–$0
JEFF HOLLEYDIRECTOR
Trustee or director
–$0
MICHAEL OLSZEWSKIDIRECTOR
Trustee or director
–$0
PATRICK RUECKERTDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DAVID WISHARDPRESIDENT
Trustee or director, Officer
–$0
JOHN FERNANVICE PRESIDE
Trustee or director, Officer
–$0
JANINE PRUSKISEC / TREAS
Trustee or director, Officer
–$0
RONALD HELLBERGDIRECTOR
Trustee or director
–$0
JEFF HOLLEYDIRECTOR
Trustee or director
–$0
MICHAEL OLSZEWSKIDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
15602 NORTHWEST BLVD STE H, ROBSTOWN, TX 78380-5932
Principal officer (990 for 2024)
DAVID WISHARD, 4414 WADE, ROBSTOWN, TX 78380
Signed the 990
DAVID WISHARD, PRESIDENT
Phone
(361) 387-2614
Return prepared by
GOWLAND MORALES & SMITH PLLC

Mission

SALE AND DISTRIBUTION OF TREATED WATER TO THE RIVER ACRES COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION SUPPLIES POTABLE WATER TO MEMBERS AND MAINTAINS THE 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-1550087
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,234,266
Income (IRS master file)
$1,295,311

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,295,311$1,171,970$6,234,266IRS
990December 2023$1,296,499$1,264,813$6,212,401XML
990December 2022$1,273,515$1,424,904$6,298,313IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 74-1550087).

Questions about RIVER ACRES WATER SUPPLY CORP

What is the EIN of RIVER ACRES WATER SUPPLY CORP?
The employer identification number (EIN) of RIVER ACRES WATER SUPPLY CORP is 74-1550087.
Is RIVER ACRES WATER SUPPLY CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1966.
Are donations to RIVER ACRES WATER SUPPLY CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RIVER ACRES WATER SUPPLY CORP 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 RIVER ACRES WATER SUPPLY CORP 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 RIVER ACRES WATER SUPPLY CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RIVER ACRES WATER SUPPLY CORP?
The 990 for the year ended December 31, 2024 names DAVID WISHARD.
Who are the officers and directors of RIVER ACRES WATER SUPPLY CORP?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does RIVER ACRES WATER SUPPLY CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,295,311, expenses of $1,171,970 and total assets of $6,234,266 at year end.

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