Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-1595545

OLMITO WATER SUPPLY CORPORATION

Tax-exempt · OLMITO, TX 78575

Financials

$4M$3.2M2023$3.6M$3.5M2024$3.5M$3.5M2025
Revenue Expenses · by fiscal year end
Financials of OLMITO WATER SUPPLY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,529,872$3,475,366$54,506$29,273,496$11,906,870$17,366,626
December 31, 2024990$3,558,375$3,508,208$50,167$28,206,190$10,894,070$17,312,120
December 31, 2023990$3,971,450$3,151,514$819,936$25,943,062$8,681,108$17,261,954
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,334,780
Investment income
$195,092
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$525,724
Salaries, compensation and benefits (total)
$681,696
Professional fundraising fees
$0
Legal fees
$53,017
Occupancy
$81,093
Travel
$28,547
Depreciation
$994,437
Program services (functional)
$3,065,131
Management and general (functional)
$410,235

Balance sheet and other

Total assets, start of year
$28,206,190
Total assets, end of year
$29,273,496
Total liabilities, end of year
$11,906,870
Net assets, end of year
$17,366,626
Land, buildings and equipment
$23,338,054
Net assets without donor restrictions
$17,366,626
Gross receipts
$3,529,872
Employees
16
Year formed
1967
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.

NameTitleHours / weekCompensation
THOMAS L TAMAYOGENERAL MANAGER
Highest-paid employee
40$87,369
MARGARITA TAPIABOARD SECRETARY - TREASURER
Trustee or director, Officer
2$3,600
PEDRO RODRIGUEZ JR JrVPRES
Trustee or director, Officer
2$3,600
NORA URESTEBOARD PRESIDENT
Trustee or director, Officer
2$3,600
OSCAR SANCHEZ JRMEMBER
Trustee or director
2$3,600
ENRIQUE ESQUIVEL JRMEMBER
Trustee or director
2$3,600
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
OSCAR SANCHEZ JRMEMBER
Trustee or director
2$0
ENRIQUE ESQUIVEL JRMEMBER
Trustee or director
2$0
MARGARITA TAPIABOARD SECRETARY - TREASURER
Trustee or director, Officer
2$0
PEDRO RODRIGUEZ JRVPRES
Trustee or director, Officer
2$0
NORA URESTEBOARD PRESIDENT
Trustee or director, Officer
2$0
THOMAS L TAMAYOGENERAL MANAGER
Highest-paid employee
40$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
70285THOMAS L TAMAYODIRECTOR OF OPERATIONS
Highest-paid employee
40$83,031
OSCAR SANCHEZ JRMEMBER
Trustee or director
2$2,400
ENRIQUE ESQUIVEL JRMEMBER
Trustee or director
2$2,400
MARGARITA TAPIAPRESIDENT
Trustee or director, Officer
2$2,400
PEDRO RODRIGUEZ JRVPRES
Trustee or director, Officer
2$2,400
NORA URESTESECTREASURER
Trustee or director, Officer
2$2,400

Address and contacts

Address (IRS master file)
101 CLARA BENNETT DR, OLMITO, TX 78575-9774
In care of
% NORA URESTE
Principal officer (990 for 2025)
NORA URESTE, PO BOX 563, OLMITO, TX 78575
Signed the 990
NORA URESTE, PRESIDENT
Phone
(956) 350-4099
Return prepared by
Roberto Lopez CPA PC

Mission

SERVE RURAL AREA RESIDENTS

990 for the year ended December 31, 2025

Program accomplishments

  • PRODUCTION AND DISTRIBUTION OF POTABLE WATER, SEWER SYSTEM, AND WASTE WATER TREATMENT TO APPROXIMATELY 5,904 RURAL AREA RESIDENTS
    Expenses $3,065,131

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
74-1595545
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$29,273,496
Income (IRS master file)
$3,529,872

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,529,872$3,475,366$29,273,496IRS
990December 2024$3,558,375$3,508,208$28,206,190IRS
990December 2023$3,971,450$3,151,514$25,943,062XML
990December 2022$4,037,525$2,924,250$22,830,640IRS
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 74-1595545).

Questions about OLMITO WATER SUPPLY CORPORATION

What is the EIN of OLMITO WATER SUPPLY CORPORATION?
The employer identification number (EIN) of OLMITO WATER SUPPLY CORPORATION is 74-1595545.
Is OLMITO WATER SUPPLY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1971.
Are donations to OLMITO WATER SUPPLY CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OLMITO 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 OLMITO 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 OLMITO 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 OLMITO WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2025 names NORA URESTE.
Who are the officers and directors of OLMITO WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2025 lists 6 people; 6 received compensation from the organization, the highest $87,369 (THOMAS L TAMAYO, GENERAL MANAGER).
How much revenue does OLMITO WATER SUPPLY CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,529,872, expenses of $3,475,366 and total assets of $29,273,496 at year end.

Other nonprofits in OLMITO

All nonprofits in OLMITO · Texas