Nonprofit · EIN 74-2337259
LOOP 360 WATER SUPPLY CORPORATION
Tax-exempt · AUSTIN, TX 78746
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $2,562,233 | $1,827,935 | $734,298 | $9,913,900 | $1,524,885 | $8,389,015 |
| March 31, 2025 | 990 | $2,381,233 | $1,741,045 | $640,188 | $9,794,568 | $2,139,851 | $7,654,717 |
| March 31, 2024 | 990 | $2,661,362 | $1,893,826 | $767,536 | $8,774,387 | $1,759,858 | $7,014,529 |
Financial details: 990 for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $150,000
- Program service revenue
- $2,279,398
- Investment income
- $102,754
- Other revenue
- $30,081
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $13,702
- Salaries, compensation and benefits (total)
- $13,702
- Professional fundraising fees
- $0
- Legal fees
- $102,108
- Accounting fees
- $18,650
- Occupancy
- $143,797
- Depreciation
- $391,094
- Program services (functional)
- $1,563,084
- Management and general (functional)
- $264,851
Balance sheet and other
- Total assets, start of year
- $9,794,568
- Total assets, end of year
- $9,913,900
- Total liabilities, end of year
- $1,524,885
- Net assets, end of year
- $8,389,015
- Land, buildings and equipment
- $6,318,377
- Net assets without donor restrictions
- $8,389,015
- Gross receipts
- $2,562,233
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1984
- 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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ross M Cummings | President Trustee or director, Officer | – | $2,873 |
| Marvin Bendele | Director Trustee or director | – | $2,873 |
| Glenn West | Director Trustee or director | – | $2,873 |
| NF Tsourmas | Director Trustee or director | – | $2,652 |
| Richard Sieling | Vice President Trustee or director, Officer | – | $2,431 |
| Rance Richter | Treasurer Trustee or director, Officer | – | $0 |
| Jeff Saikin | Secretary Trustee or director, Officer | – | $0 |
990 for the year ended March 31, 2025: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ross Cummings | President Trustee or director, Officer | 2 | $3,094 |
| Richard Sieling | Treasurer Trustee or director, Officer | 2 | $3,094 |
| Nick Tsourmas | Secretary Trustee or director, Officer | 2 | $2,873 |
| Marvin Bendele | Director Trustee or director | 2 | $2,873 |
| Glenn West | Vice President Trustee or director, Officer | 2 | $2,652 |
990 for the year ended March 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marvin Bendele | President Trustee or director, Officer | 2 | $2,534 |
| Nick Tsourmas | Secretary Trustee or director, Officer | 2 | $2,534 |
| Glenn West | Vice President Trustee or director, Officer | 2 | $2,534 |
| Richard Sieling | Treasurer Trustee or director, Officer | 2 | $2,455 |
| Ross Cummings | Director Trustee or director | 2 | $2,455 |
Address and contacts
- Address (IRS master file)
- 500 CAPITAL OF TEXAS HIGHWAY NORTH, AUSTIN, TX 78746-3302
- In care of
- % THOMAS B HUDSON JR
- Principal officer (990 for 2025)
- Ross Cummings, 500 Capital of Texas Highway North, Austin, TX 78746
- Signed the 990
- Ross Cummings, President
- Phone
- (512) 402-1990
- Website
- www.loop360water.com
- Return prepared by
- MONTEMAYOR BRITTON BENDER CAREY PC
Mission
The organization furnishes water supply to its members.
Program accomplishments
- Providing water supply to the corporation's members.Expenses $1,563,084 · revenue $2,279,398
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2337259
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K20)
- Assets (IRS master file)
- $9,794,568
- Income (IRS master file)
- $2,381,233
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $2,562,233 | $1,827,935 | $9,913,900 | XML |
| 990 | March 2025 | $2,381,233 | $1,741,045 | $9,794,568 | XML |
| 990 | March 2024 | $2,661,362 | $1,893,826 | $8,774,387 | XML |
| 990 | March 2023 | $2,484,076 | $1,843,355 | $8,039,284 | IRS |
| 990 | March 2022 | $1,710,593 | $1,766,787 | $5,703,586 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 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 74-2337259).
Questions about LOOP 360 WATER SUPPLY CORPORATION
- What is the EIN of LOOP 360 WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of LOOP 360 WATER SUPPLY CORPORATION is 74-2337259.
- Is LOOP 360 WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2002.
- Are donations to LOOP 360 WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOOP 360 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 LOOP 360 WATER SUPPLY CORPORATION due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOOP 360 WATER SUPPLY CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2026.
- Who is the principal officer of LOOP 360 WATER SUPPLY CORPORATION?
- The 990 for the year ended March 31, 2026 names Ross Cummings.
- Who are the officers and directors of LOOP 360 WATER SUPPLY CORPORATION?
- The 990 for the year ended March 31, 2026 lists 7 people; 5 received compensation from the organization, the highest $2,873 (Ross M Cummings, President).
- How much revenue does LOOP 360 WATER SUPPLY CORPORATION have?
- On its 990 for the year ended March 31, 2026 it reported revenue of $2,562,233, expenses of $1,827,935 and total assets of $9,913,900 at year end.
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