Nonprofit · EIN 74-1787125
CHATT WATER SUPPLY CORPORATION
Tax-exempt · ABBOTT, TX 76621
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $686,488 | $426,880 | $259,608 | $5,408,686 | $3,565,822 | $1,842,864 |
| December 31, 2023 | 990 | $515,422 | $415,090 | $100,332 | $5,113,626 | $3,530,370 | $1,583,256 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $520,099
- Investment income
- $166,389
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $40,600
- Other salaries and wages
- $1,033
- Salaries, compensation and benefits (total)
- $46,021
- Professional fundraising fees
- $0
- Legal fees
- $12,692
- Accounting fees
- $4,150
- Depreciation
- $54,050
- Program services (functional)
- $422,730
- Management and general (functional)
- $4,150
Balance sheet and other
- Total assets, start of year
- $5,113,626
- Total assets, end of year
- $5,408,686
- Total liabilities, end of year
- $3,565,822
- Net assets, end of year
- $1,842,864
- Land, buildings and equipment
- $1,335,959
- Net assets without donor restrictions
- $1,842,864
- Gross receipts
- $686,488
- Employees
- 2
- 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 |
|---|---|---|---|
| BETTY COX | TREASURER Trustee or director, Officer | 3 | $30,000 |
| MIKE PRASIFKA | EMPLOYEE Key employee | 2 | $8,400 |
| BLAIR RUSSELL | PRESIDENT Trustee or director, Officer | 3 | $2,200 |
| CECIL PADGETT | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| HOWARD SIDES | SECRETARY Trustee or director, Officer | 2 | $0 |
| RYAN DIVIN | DIRECTOR Trustee or director | 1 | $0 |
| JOSH NORS | DIRECTOR Trustee or director | 1 | $0 |
| MASON SULLINS | DIRECTOR Trustee or director | 1 | $0 |
| D PUSTEJOVSKY | DIRECTOR Trustee or director | 1 | $0 |
| D BROCKETT JR | DIRECTOR Trustee or director | 1 | $0 |
| AARON NORS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY COX | TREASURER Trustee or director, Officer | 3 | $30,000 |
| BLAIR RUSSELL | PRESIDENT Trustee or director, Officer | 3 | $2,200 |
| CECIL PADGETT | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| HOWARD SIDES | SECRETARY Trustee or director, Officer | 2 | $0 |
| RYAN DIVIN | DIRECTOR Trustee or director | 1 | $0 |
| GAYLE KENNEDY | DIRECTOR Trustee or director | 1 | $0 |
| D BROCKETT JR | DIRECTOR Trustee or director | 1 | $0 |
| JOSH NORS | DIRECTOR Trustee or director | 1 | $0 |
| MASON SULLINS | DIRECTOR Trustee or director | 1 | $0 |
| D PUSTEJOVSKY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 140 HCR 2305, ABBOTT, TX 76621-3573
- Principal officer (990 for 2024)
- BETTY COX, 104 HCR 2305, ABBOTT, TX 76621
- Signed the 990
- BETTY COX, TREASURER
- Phone
- (254) 707-3055
- Return prepared by
- EVELYN PAREYA CPA
Mission
RURAL WATER SUPPLY
Program accomplishments
- EXTRACTION, DISTRIBUTION, AND SALE OF WATER TO APPROXIMATELY 580Expenses $426,881 · revenue $686,488
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
- 74-1787125
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,408,686
- Income (IRS master file)
- $686,488
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $686,488 | $426,880 | $5,408,686 | IRS |
| 990 | December 2023 | $515,422 | $415,090 | $5,113,626 | XML |
| 990 | December 2022 | $460,662 | $367,012 | $2,095,700 | 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 74-1787125).
Questions about CHATT WATER SUPPLY CORPORATION
- What is the EIN of CHATT WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of CHATT WATER SUPPLY CORPORATION is 74-1787125.
- Is CHATT WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1974.
- Are donations to CHATT WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHATT 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 CHATT 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 CHATT 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 CHATT WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 names BETTY COX.
- Who are the officers and directors of CHATT WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $30,000 (BETTY COX, TREASURER).
- How much revenue does CHATT WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $686,488, expenses of $426,880 and total assets of $5,408,686 at year end.
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