Nonprofit · EIN 74-1857309
FALCON RURAL WATER SUPPLY CORP
Tax-exempt · FALCON HTS, TX 78545
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,130,484 | $357,761 | $2,772,723 | $7,039,117 | $3,176,046 | $3,863,071 |
| December 31, 2023 | 990 | $656,883 | $254,955 | $401,928 | $5,870,119 | $4,779,771 | $1,090,348 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,869,458
- of which government grants
- $2,869,458
- Program service revenue
- $0
- Investment income
- $29,974
- Net income from sales of inventory
- $231,052
- Other revenue
- $231,052
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $26,380
- Salaries, compensation and benefits (total)
- $61,413
- Professional fundraising fees
- $0
- Accounting fees
- $3,450
- Management and general (functional)
- $357,761
Balance sheet and other
- Total assets, start of year
- $5,870,119
- Total assets, end of year
- $7,039,117
- Total liabilities, end of year
- $3,176,046
- Net assets, end of year
- $3,863,071
- Land, buildings and equipment
- $1,187,707
- Gross receipts
- $3,605,520
- Employees
- 9
- Year formed
- 1966
- 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 |
|---|---|---|---|
| Oziel Barrera Jr | Director Trustee or director | 4 | $0 |
| Jose Paredes III | Director Trustee or director | 4 | $0 |
| Ricky Hernandez | Sec/Treasurer Officer | 4 | $0 |
| Raul Vidal | President Officer | 4 | $0 |
| Alberto Hinojosa Jr | Vice President Officer | 4 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Oziel Barrera Jr | Director Trustee or director | 4 | $0 |
| Jose Paredes III | Director Trustee or director | 4 | $0 |
| Ricky Hernandez | Sec/Treasurer Officer | 4 | $0 |
| Raul Vidal | President Officer | 4 | $0 |
| Alberto Hinojosa Jr | Vice President Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 24, FALCON HTS, TX 78545-0024
- Principal officer (990 for 2024)
- Raul Vidal, PO Box 24, Falcon Heights, TX 78545
- Signed the 990
- Raul Vidal, President
- Phone
- (956) 848-5461
- Return prepared by
- Xavier Eli Perez CPA PLLC
Mission
To provide rural water service to members.
Program accomplishments
- To provide rural water service to members.
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
- 74-1857309
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,039,117
- Income (IRS master file)
- $3,605,520
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,130,484 | $357,761 | $7,039,117 | XML |
| 990 | December 2023 | $656,883 | $254,955 | $5,870,119 | XML |
| 990 | December 2022 | $219,642 | $231,965 | $2,934,083 | 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 74-1857309).
Questions about FALCON RURAL WATER SUPPLY CORP
- What is the EIN of FALCON RURAL WATER SUPPLY CORP?
- The employer identification number (EIN) of FALCON RURAL WATER SUPPLY CORP is 74-1857309.
- Is FALCON RURAL WATER SUPPLY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12).
- Which annual return does FALCON RURAL 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 FALCON RURAL WATER SUPPLY CORP 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 FALCON RURAL WATER SUPPLY CORP 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 FALCON RURAL WATER SUPPLY CORP?
- The 990 for the year ended December 31, 2024 names Raul Vidal.
- Who are the officers and directors of FALCON RURAL WATER SUPPLY CORP?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does FALCON RURAL WATER SUPPLY CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,130,484, expenses of $357,761 and total assets of $7,039,117 at year end.