Nonprofit · EIN 74-1600312
FORT GATES WATER SUPPLY CORP
Tax-exempt · GATESVILLE, TX 76528
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $829,496 | $796,382 | $33,114 | $1,706,030 | $60,125 | $1,645,905 |
| September 30, 2024 | 990 | $861,277 | $760,055 | $101,222 | $1,866,129 | $253,588 | $1,612,541 |
| September 30, 2023 | 990 | $713,929 | $725,407 | -$11,478 | $1,573,125 | $61,906 | $1,511,219 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $809,551
- Investment income
- $18,005
- Net rental income
- $1,940
- Other revenue
- $1,940
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $243,538
- Other salaries and wages
- $72,685
- Salaries, compensation and benefits (total)
- $359,878
- Professional fundraising fees
- $0
- Accounting fees
- $7,345
- Occupancy
- $16,400
- Depreciation
- $75,625
- Program services (functional)
- $746,872
- Management and general (functional)
- $49,510
Balance sheet and other
- Total assets, start of year
- $1,866,129
- Total assets, end of year
- $1,706,030
- Total liabilities, end of year
- $60,125
- Net assets, end of year
- $1,645,905
- Land, buildings and equipment
- $1,080,956
- Net assets without donor restrictions
- $1,645,905
- Gross receipts
- $829,656
- Employees
- 4
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Justin Veazey | President Trustee or director, Officer | 40 | $372,020 |
| Cathy Truss | Treasurer Trustee or director, Officer | 1 | $360 |
| Cecil Strickland | Vice President Trustee or director, Officer | 1 | $360 |
| Ellis Fain | Director Trustee or director | 1 | $360 |
| Richard Shelton | Director Trustee or director | 1 | $360 |
| Stanley Williams | Director Trustee or director | 1 | $360 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Justin Veazey | President Trustee or director, Officer | 40 | $429,639 |
| Cathy Truss | Treasurer Trustee or director, Officer | 1 | $360 |
| Jerry Barton | Director Trustee or director | 1 | $360 |
| Cecil Strickland | Vice President Trustee or director, Officer | 1 | $360 |
| Ellis Fain | Director Trustee or director | 1 | $360 |
| Richard Shelton | Director Trustee or director | 1 | $360 |
| Stanley Williams | Director Trustee or director | 1 | $360 |
990 for the year ended September 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dwaine Lee | Director Trustee or director | 40 | $117,385 |
| Justin Veazey | President Trustee or director, Officer | 40 | $83,870 |
| Cathy Truss | Treasurer Trustee or director, Officer | 1 | $300 |
| Jerry Barton | Director Trustee or director | 1 | $300 |
| Cecil Strickland | Vice President Trustee or director, Officer | 1 | $300 |
| Richard Shelton | Director Trustee or director | 1 | $300 |
| Stanley Williams | Director Trustee or director | 1 | $300 |
| Ellis Fain | Director Trustee or director | 1 | $200 |
Address and contacts
- Address (IRS master file)
- 103 GATEWAY CIR, GATESVILLE, TX 76528-3128
- Principal officer (990 for 2024)
- JUSTIN VEAZEY
- Signed the 990
- Justin Veazey, President
- Phone
- (254) 865-5569
- Website
- FORTGATESWSC.COM
- Return prepared by
- Shawnee Miller CPA PC
Mission
To furnish potable water and or sewer utility service to members.
Program accomplishments
- Providing water to members.Expenses $746,872 · revenue $809,551
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 74-1600312
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,706,030
- Income (IRS master file)
- $829,656
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $829,496 | $796,382 | $1,706,030 | XML |
| 990 | September 2024 | $861,277 | $760,055 | $1,866,129 | XML |
| 990 | September 2023 | $713,929 | $725,407 | $1,573,125 | XML |
| 990 | September 2022 | $614,780 | $651,053 | $1,585,526 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | 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 74-1600312).
Questions about FORT GATES WATER SUPPLY CORP
- What is the EIN of FORT GATES WATER SUPPLY CORP?
- The employer identification number (EIN) of FORT GATES WATER SUPPLY CORP is 74-1600312.
- Is FORT GATES WATER SUPPLY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1968.
- Are donations to FORT GATES WATER SUPPLY CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FORT GATES 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 FORT GATES WATER SUPPLY CORP 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 FORT GATES WATER SUPPLY CORP 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 FORT GATES WATER SUPPLY CORP?
- The 990 for the year ended September 30, 2025 names JUSTIN VEAZEY.
- Who are the officers and directors of FORT GATES WATER SUPPLY CORP?
- The 990 for the year ended September 30, 2025 lists 6 people; 6 received compensation from the organization, the highest $372,020 (Justin Veazey, President).
- How much revenue does FORT GATES WATER SUPPLY CORP have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $829,496, expenses of $796,382 and total assets of $1,706,030 at year end.
Other nonprofits in GATESVILLE
- CORYELL MEMORIAL HOSPITAL FOUNDATION EIN 74-2528180 · last filed 990 for 2024
- AMERICAN CONSERVATION FOUNDATION INC EIN 84-2952696 · last filed 990 for 2025
- MULTI-COUNTY WATER SUPPLY EIN 74-2146767 · last filed 990 for 2024
- MOUNTAIN WATER SUPPLY CORP EIN 74-1593152 · last filed 990 for 2024
- GATESVILLE COUNTRY CLUB STRAWS MILL RD S GATESVILLE EIN 74-1174626 · last filed 990 for 2025
- GARY & DIANE HEAVIN COMMUNITY FUND EIN 74-3003293 · last filed 990-PF for 2024
- TEXAS SENIOR PRO RODEO ASSOC INC EIN 74-1978525 · last filed 990 for 2024
- MJ HANNA FOUNDATION EIN 46-1385872 · last filed 990-PF for 2025