Nonprofit · EIN 74-2000898
YANCEY WATER SUPPLY CORP
Tax-exempt · YANCEY, TX 78886
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $9,363,513 | $5,086,924 | $4,276,589 | $36,380,755 | $3,678,048 | $32,702,707 |
| December 31, 2024 | 990 | $9,195,244 | $4,570,369 | $4,624,875 | $32,039,850 | $3,860,767 | $28,179,083 |
| December 31, 2023 | 990 | $6,968,564 | $7,549,989 | -$581,425 | $27,454,819 | $3,952,208 | $23,502,611 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $9,010,360
- Investment income
- $170,026
- Net rental income
- $183,127
- Other revenue
- $183,127
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,127,166
- Salaries, compensation and benefits (total)
- $1,389,502
- Professional fundraising fees
- $0
- Legal fees
- $350,723
- Accounting fees
- $12,540
- Travel
- $149,609
- Depreciation
- $421,119
- Program services (functional)
- $5,086,924
Balance sheet and other
- Total assets, start of year
- $32,039,850
- Total assets, end of year
- $36,380,755
- Total liabilities, end of year
- $3,678,048
- Net assets, end of year
- $32,702,707
- Land, buildings and equipment
- $11,355,367
- Net assets without donor restrictions
- $32,554,959
- Net assets with donor restrictions
- $147,748
- Gross receipts
- $9,363,513
- Employees
- 27
- Volunteers
- 0
- Year formed
- 1979
- 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 |
|---|---|---|---|
| FRANKIE KAUFFMANN | PRESIDENT Trustee or director, Institutional trustee | 2 | $3,000 |
| KEVIN MARMOR | VICE PRESIDENT Trustee or director, Institutional trustee | 1 | $3,000 |
| RANDY FASELER | SECRETARY Trustee or director, Institutional trustee | 1 | $3,000 |
| JIM BEEN | TREASURER Trustee or director, Institutional trustee | 1 | $3,000 |
| NELSON BOEHME | MEMBER Trustee or director | 1 | $3,000 |
| ALBERT TOVAR | MEMBER Trustee or director | 1 | $3,000 |
| RONNY HEILIGMAN | MEMBER Trustee or director | 1 | $2,750 |
| SETH CRAIN | MEMBER Trustee or director | 1 | $2,500 |
| SETH RALPH | MEMBER Trustee or director | 1 | $2,500 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANKIE KAUFFMANN | PRESIDENT Trustee or director, Institutional trustee | 2 | $0 |
| KEVIN MARMOR | VICE PRESIDENT Trustee or director, Institutional trustee | 1 | $0 |
| RANDY FASELER | SECRETARY Trustee or director, Institutional trustee | 1 | $0 |
| JIM BEEN | TREASURER Trustee or director, Institutional trustee | 1 | $0 |
| NELSON BOEHME | MEMBER Trustee or director | 1 | $0 |
| RONNY HEILIGMAN | MEMBER Trustee or director | 1 | $0 |
| SETH CRAIN | MEMBER Trustee or director | 1 | $0 |
| SETH RALPH | MEMBER Trustee or director | 1 | $0 |
| ALBERT TOVAR | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANKIE KAUFFMANN | PRESIDENT Trustee or director, Institutional trustee | 2 | $3,000 |
| KEVIN MARMOR | VICE PRESIDENT Trustee or director, Institutional trustee | 1 | $3,000 |
| RANDY FASELER | SECRETARY Trustee or director, Institutional trustee | 1 | $3,000 |
| JIM BEEN | TREASURER Trustee or director, Institutional trustee | 1 | $3,000 |
| NELSON BOEHME | MEMBER Trustee or director | 1 | $3,000 |
| RONNY HEILIGMAN | MEMBER Trustee or director | 1 | $3,000 |
| SETH CRAIN | MEMBER Trustee or director | 1 | $3,000 |
| SETH RALPH | MEMBER Trustee or director | 1 | $3,000 |
| ALBERT TOVAR | MEMBER Trustee or director | 1 | $3,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 127, YANCEY, TX 78886-0127
- Principal officer (990 for 2025)
- FRAKIE KAUFMANN, P O BOX 95, CASTROVILLE, TX 78009
- Signed the 990
- FRAKIE KAUFMANN, PRESIDENT
- Phone
- (830) 741-5264
- Return prepared by
- EDE & COMPANY LLC
Mission
TO PROVIDE A SAFE, RELIABLE, AND ECONOMICAL SOURCE OF DRINKING WATER TO THE RESIDENTS OF YANCEY TEXAS AND THE SURROUNDING AREA
Program accomplishments
- WATER SALESExpenses $5,086,924 · revenue $9,363,513
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
- 74-2000898
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1981
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $36,380,755
- Income (IRS master file)
- $9,363,513
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $9,363,513 | $5,086,924 | $36,380,755 | XML |
| 990 | December 2024 | $9,195,244 | $4,570,369 | $32,039,850 | IRS |
| 990 | December 2023 | $6,968,564 | $7,549,989 | $27,454,819 | XML |
| 990 | December 2022 | $7,876,576 | $3,750,916 | $28,131,596 | 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 74-2000898).
Questions about YANCEY WATER SUPPLY CORP
- What is the EIN of YANCEY WATER SUPPLY CORP?
- The employer identification number (EIN) of YANCEY WATER SUPPLY CORP is 74-2000898.
- Is YANCEY WATER SUPPLY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1981.
- Are donations to YANCEY WATER SUPPLY CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does YANCEY 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 YANCEY 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 YANCEY 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 YANCEY WATER SUPPLY CORP?
- The 990 for the year ended December 31, 2025 names FRAKIE KAUFMANN.
- Who are the officers and directors of YANCEY WATER SUPPLY CORP?
- The 990 for the year ended December 31, 2025 lists 9 people; 9 received compensation from the organization, the highest $3,000 (FRANKIE KAUFFMANN, PRESIDENT).
- How much revenue does YANCEY WATER SUPPLY CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $9,363,513, expenses of $5,086,924 and total assets of $36,380,755 at year end.
Other nonprofits in YANCEY
- MOORE WATER SUPPLY CORPORATION EIN 74-1606331 · last filed 990 for 2024
- YANCEY VOLUNTEER FIRE DPEARTMENT EIN 74-2766476 · last filed 990-EZ for 2024
- TOPS CLUB INC EIN 74-2671096 · last filed 990-N for 2025