Nonprofit · EIN 74-1620231
SHARYLAND WATER SUPPLY CORPORATION
Tax-exempt · ALTON, TX 78573
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $21,841,092 | $15,413,507 | $6,427,585 | $172,308,514 | $60,322,105 | $111,986,409 |
| December 31, 2023 | 990 | $26,139,147 | $13,441,695 | $12,697,452 | $127,633,590 | $22,134,560 | $105,499,030 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,450,864
- of which government grants
- $592,459
- Membership dues
- $858,405
- Program service revenue
- $18,481,846
- Investment income
- $1,663,260
- Net gain from sales of assets
- $25,531
- Other revenue
- $245,122
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $175,000
- Other salaries and wages
- $3,039,801
- Salaries, compensation and benefits (total)
- $4,225,467
- Professional fundraising fees
- $0
- Accounting fees
- $63,650
- Travel
- $10,667
- Depreciation
- $3,780,170
- Program services (functional)
- $9,067,536
- Management and general (functional)
- $6,345,971
Balance sheet and other
- Total assets, start of year
- $127,633,590
- Total assets, end of year
- $172,308,514
- Total liabilities, end of year
- $60,322,105
- Net assets, end of year
- $111,986,409
- Land, buildings and equipment
- $85,389,066
- Net assets without donor restrictions
- $111,986,409
- Gross receipts
- $21,841,092
- Employees
- 88
- Volunteers
- 0
- Year formed
- 1968
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLOS LIMA | GENERAL MANAGER Officer | 40 | $175,000 |
| MARK D SOSEBEE | PRESIDENT Trustee or director | 3 | $0 |
| MARK MOSELEY | SECRETARY-TREASURER Trustee or director | 3 | $0 |
| MARIO REYNA | DIRECTOR Trustee or director | 3 | $0 |
| ISIDRO QUINTERO | DIRECTOR Trustee or director | 3 | $0 |
| LISA B HELLE | DIRECTOR Trustee or director | 3 | $0 |
| RUBEN ALANIZ | DIRECTOR Trustee or director | 3 | $0 |
| ANDREW SMITH | VICE PRESIDENT Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLOS R LIMA | GENERAL MANAGER Officer | 40 | $161,336 |
| LISA HELLE | PRESIDENT Trustee or director | 3 | $0 |
| MARK MOSELEY | DIRECTOR Trustee or director | 3 | $0 |
| MARK D SOSEBEE | SECRETARY-TREASURER Trustee or director | 3 | $0 |
| MARIO REYNA | DIRECTOR Trustee or director | 3 | $0 |
| ISIDRO QUINTERO | DIRECTOR Trustee or director | 3 | $0 |
| ANDREW SMITH | VICE PRESIDENT Trustee or director | 3 | $0 |
| RUBEN ALANIZ | DIRECTOR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 321 S SHARY BLVD, ALTON, TX 78573-2894
- Principal officer (990 for 2024)
- CARLOS R LIMA, 321 SHARY BLVD S, ALTON, TX 78573
- Signed the 990
- CARLOS R LIMA, GENERAL MANAGER
- Phone
- (956) 585-6081
- Website
- SHARYLANDWATER.COM
- Return prepared by
- CARR RIGGS & INGRAM LLC
Mission
PROVIDING POTABLE WATER TO RURAL AREAS OF HIDALGO COUNTY, TEXAS
Program accomplishments
- PROVIDING POTABLE WATER 365 DAYS A YEAR TO MEMBERSExpenses $9,067,536
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 | Not 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
- 74-1620231
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $172,308,514
- Income (IRS master file)
- $21,841,092
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $21,841,092 | $15,413,507 | $172,308,514 | XML |
| 990 | December 2023 | $26,139,147 | $13,441,695 | $127,633,590 | XML |
| 990 | December 2022 | $18,559,902 | $12,806,404 | $116,395,338 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 74-1620231).
Questions about SHARYLAND WATER SUPPLY CORPORATION
- What is the EIN of SHARYLAND WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of SHARYLAND WATER SUPPLY CORPORATION is 74-1620231.
- Is SHARYLAND WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1970.
- Are donations to SHARYLAND WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SHARYLAND 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 SHARYLAND WATER SUPPLY CORPORATION 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 SHARYLAND WATER SUPPLY CORPORATION 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 SHARYLAND WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 names CARLOS R LIMA.
- Who are the officers and directors of SHARYLAND WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $175,000 (CARLOS LIMA, GENERAL MANAGER).
- How much revenue does SHARYLAND WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $21,841,092, expenses of $15,413,507 and total assets of $172,308,514 at year end.
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