Nonprofit · EIN 74-1679412
FLAT WATER SUPPLY CORPORATION
Tax-exempt (reinstated) · FLAT, TX 76526
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $188,955 | $156,947 | $32,008 | $1,533,016 | $23,600 | $1,509,416 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $186,064
- Investment income
- $2,891
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $995
- Occupancy
- $391
- Depreciation
- $18,262
- Program services (functional)
- $154,372
- Management and general (functional)
- $2,575
Balance sheet and other
- Total assets, start of year
- $1,500,508
- Total assets, end of year
- $1,533,016
- Total liabilities, end of year
- $23,600
- Net assets, end of year
- $1,509,416
- Land, buildings and equipment
- $1,324,622
- Net assets without donor restrictions
- $1,509,416
- Gross receipts
- $188,955
- Employees
- 0
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Justin Tatum | President Trustee or director, Officer | 2 | $0 |
| William Bertelsen | Vice President Trustee or director | 1 | $0 |
| Aspen Watts | Treasurer Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 159 CR 334, FLAT, TX 76526-0000
- In care of
- % JUSTIN TATUM
- Principal officer (990 for 2025)
- Justin Tatum, 501 CR 327, Gatesville, TX 76528
- Signed the 990
- Justin Tatum, President
- Phone
- (254) 223-2493
- Return prepared by
- Shawnee Miller CPA PC
Mission
Flat WSC's mission is to furnish potable water to members.
Program accomplishments
- Flat WSC's mission is to furnish potable water to members.Expenses $154,372 · revenue $186,064
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 | 990 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
- 74-1679412
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y22)
- Assets (IRS master file)
- $1,533,016
- Income (IRS master file)
- $188,955
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- October 7, 2011
- Reinstated
- Effective March 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $184,221 | $147,017 | $1,469,951 | IRS |
| 990 | December 2022 | $163,180 | $143,321 | $1,431,947 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about FLAT WATER SUPPLY CORPORATION
- What is the EIN of FLAT WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of FLAT WATER SUPPLY CORPORATION is 74-1679412.
- Is FLAT WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective March 15, 2021.
- Are donations to FLAT WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FLAT 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 FLAT 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 FLAT 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 FLAT WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 names Justin Tatum.
- Who are the officers and directors of FLAT WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FLAT WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $188,955, expenses of $156,947 and total assets of $1,533,016 at year end.
Other nonprofits in FLAT
- LEON JUNCTION WATER SUPPLY CORPORATION EIN 90-1071187 · last filed 990-EZ for 2025
- ANCIENT FREE & ACCEPTED MASONS OF TEXAS EIN 23-7500103 · last filed 990-N for 2023
All nonprofits in FLAT · Texas · Mutual and membership benefit