Nonprofit · EIN 74-1748709
CHILDRESS CREEK WATER SUPPLY CORPORATION
Tax-exempt · CLIFTON, TX 76634
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,789,445 | $783,912 | $1,005,533 | $3,579,431 | $62,299 | $3,517,132 |
| June 30, 2024 | 990 | $783,075 | $809,964 | -$26,889 | $3,144,154 | $632,555 | $2,511,599 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,741,808
- Investment income
- $38,363
- Net gain from sales of assets
- $21,330
- Other revenue
- $9,274
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $201,711
- Salaries, compensation and benefits (total)
- $220,053
- Professional fundraising fees
- $0
- Legal fees
- $1,858
- Accounting fees
- $11,737
- Travel
- $7,582
- Depreciation
- $180,803
- Program services (functional)
- $662,281
- Management and general (functional)
- $121,631
Balance sheet and other
- Total assets, start of year
- $3,144,154
- Total assets, end of year
- $3,579,431
- Total liabilities, end of year
- $62,299
- Net assets, end of year
- $3,517,132
- Land, buildings and equipment
- $3,107,536
- Gross receipts
- $1,789,445
- Employees
- 4
- Volunteers
- 0
- Year formed
- 1969
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY WALLER | PRESIDENT/DIR Trustee or director, Officer | 10 | $0 |
| CALVIN RUETER | VICE-PRESIDENT/DIR Trustee or director, Officer | 0.5 | $0 |
| KURT MCMILLAN | SEC-TREAS/DIR Trustee or director, Officer | 0.5 | $0 |
| DAVID HOLY | DIRECTOR Trustee or director | 0.5 | $0 |
| SHERRY SCHULZE | DIRECTOR Trustee or director | 0.5 | $0 |
| TONY TOMCHESSON | DIRECTOR Trustee or director | 0.5 | $0 |
| GARY WALLER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY WALLER | PRESIDENT/DIR Trustee or director, Officer | 10 | $0 |
| TOM NICHOLS | VICE-PRESIDENT/DIR Trustee or director, Officer | 0.5 | $0 |
| KURT MCMILLAN | SEC-TREAS/DIR Trustee or director, Officer | 0.5 | $0 |
| DAVID HOLY | DIRECTOR Trustee or director | 0.5 | $0 |
| SHERRY SCHULZE | DIRECTOR Trustee or director | 0.5 | $0 |
| CALVIN RUETER | DIRECTOR Trustee or director | 0.5 | $0 |
| GARY ARNOLD | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 255 COUNTY ROAD 3405, CLIFTON, TX 76634-3423
- Principal officer (990 for 2024)
- GARY WALLER, 255 CR 3405, CLIFTON, TX 76634
- Signed the 990
- GARY WALLER, PRESIDENT
- Phone
- (254) 675-2603
- Return prepared by
- MOORE COMPANY PLLC
Mission
PROVIDE WATER UTILITY SERVICE TO MEMBERS
Program accomplishments
- PRODUCE & DISTRIBUTE WATER TO METERS OWNED BY MEMBERS FOR USE IN HOMES, BUSINESSES, AND FOR AGRICULTURAL PURPOSES. CHILDRESS CREEK WATER SUPPLY CORPORATION SERVED 845 METERS IN THE FISCAL YEAR ENDED JUNE 30, 2025.Expenses $662,281 · revenue $1,772,412
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 74-1748709
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,579,431
- Income (IRS master file)
- $1,789,445
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,789,445 | $783,912 | $3,579,431 | XML |
| 990 | June 2024 | $783,075 | $809,964 | $3,144,154 | XML |
| 990 | June 2023 | $765,068 | $745,171 | $2,621,424 | IRS |
| 990 | June 2022 | $728,970 | $679,012 | $2,602,959 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 74-1748709).
Questions about CHILDRESS CREEK WATER SUPPLY CORPORATION
- What is the EIN of CHILDRESS CREEK WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of CHILDRESS CREEK WATER SUPPLY CORPORATION is 74-1748709.
- Is CHILDRESS CREEK WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1973.
- Are donations to CHILDRESS CREEK WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHILDRESS CREEK 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 CHILDRESS CREEK WATER SUPPLY CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHILDRESS CREEK WATER SUPPLY CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CHILDRESS CREEK WATER SUPPLY CORPORATION?
- The 990 for the year ended June 30, 2025 names GARY WALLER.
- Who are the officers and directors of CHILDRESS CREEK WATER SUPPLY CORPORATION?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CHILDRESS CREEK WATER SUPPLY CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,789,445, expenses of $783,912 and total assets of $3,579,431 at year end.
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