Nonprofit · EIN 74-1705672
KENTUCKY TOWN WATER SUPPLY CORP
Tax-exempt · TOM BEAN, TX 75489
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,009,453 | $601,018 | $408,435 | $5,220,412 | $17,258 | $5,203,154 |
| December 31, 2024 | 990 | $1,079,413 | $627,028 | $452,385 | $4,811,977 | $17,258 | $4,794,719 |
| December 31, 2023 | 990 | $829,104 | $603,920 | $225,184 | $4,359,591 | $17,257 | $4,342,334 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $944,711
- Investment income
- $64,742
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $48,923
- Salaries, compensation and benefits (total)
- $61,413
- Professional fundraising fees
- $0
- Accounting fees
- $17,828
- Travel
- $7,658
- Depreciation
- $94,535
- Program services (functional)
- $588,517
- Management and general (functional)
- $12,501
Balance sheet and other
- Total assets, start of year
- $4,811,977
- Total assets, end of year
- $5,220,412
- Total liabilities, end of year
- $17,258
- Net assets, end of year
- $5,203,154
- Land, buildings and equipment
- $1,881,222
- Net assets without donor restrictions
- $5,203,154
- Gross receipts
- $1,009,453
- Employees
- 2
- Year formed
- 1975
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LANOEL BOND | DIRECTOR Trustee or director | – | $0 |
| JERRY BYERS | DIRECTOR Trustee or director | – | $0 |
| EARL CHESSER | PRESIDENT Trustee or director, Officer | – | $0 |
| DENNIS SOUTHERLAND | VICE PRESIDE Trustee or director, Officer | – | $0 |
| DON WILLIAMS | SECRETARY/TR Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LANOEL BOND | DIRECTOR Trustee or director | – | $0 |
| JERRY BYERS | DIRECTOR Trustee or director | – | $0 |
| EARL CHESSER | PRESIDENT Trustee or director, Officer | – | $0 |
| DENNIS SOUTHERLAND | VICE PRESIDE Trustee or director, Officer | – | $0 |
| DON WILLIAMS | SECRETARY/TR Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LANOEL BOND | DIRECTOR Trustee or director | – | $0 |
| JERRY BYERS | DIRECTOR Trustee or director | – | $0 |
| EARL CHESSER | PRESIDENT Trustee or director, Officer | – | $0 |
| DENNIS SOUTHERLAND | VICE PRESIDE Trustee or director, Officer | – | $0 |
| DON WILLIAMS | SECRETARY Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 99, TOM BEAN, TX 75489-0099
- Principal officer (990 for 2025)
- EARL CHESSER
- Signed the 990
- JOHN GRIFFIN, GENERAL MANAGER
- Phone
- (903) 546-6179
- Website
- HTTPS://KENTUCKYTOWNWSC.ORG/
- Return prepared by
- LORI ANN CANNON CPA
Mission
KENTUCKYTOWN WATER SUPPLY CORPORATION PROVIDES ITS MEMBERS/OWNERS WITH FRESH WATER THROUGH ITS DISTRIBUTION SYSTEM.
Program accomplishments
- PROVIDE FRESH WATER TO MEMBERS AT THE LOWEST COST POSSIBLE.Expenses $588,517
- PROVIDE FRESH WATER TO MEMBERS AT THE LOWEST COST POSSIBLE.
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
- 74-1705672
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,220,412
- Income (IRS master file)
- $1,009,453
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,009,453 | $601,018 | $5,220,412 | IRS |
| 990 | December 2024 | $1,079,413 | $627,028 | $4,811,977 | IRS |
| 990 | December 2023 | $829,104 | $603,920 | $4,359,591 | XML |
| 990 | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 74-1705672).
Questions about KENTUCKY TOWN WATER SUPPLY CORP
- What is the EIN of KENTUCKY TOWN WATER SUPPLY CORP?
- The employer identification number (EIN) of KENTUCKY TOWN WATER SUPPLY CORP is 74-1705672.
- Is KENTUCKY TOWN WATER SUPPLY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1973.
- Are donations to KENTUCKY TOWN WATER SUPPLY CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KENTUCKY TOWN 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 KENTUCKY TOWN WATER SUPPLY CORP 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 KENTUCKY TOWN WATER SUPPLY CORP 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 KENTUCKY TOWN WATER SUPPLY CORP?
- The 990 for the year ended December 31, 2025 names EARL CHESSER.
- Who are the officers and directors of KENTUCKY TOWN WATER SUPPLY CORP?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does KENTUCKY TOWN WATER SUPPLY CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,009,453, expenses of $601,018 and total assets of $5,220,412 at year end.
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