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Nonprofit · EIN 74-2482915

POINT ENTERPRISE WATER SUPPLY CORPORATION

Tax-exempt · MEXIA, TX 76667

Financials

$829K$419K2021$912K$696K2022$1.1M$1M2023$1.1M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of POINT ENTERPRISE WATER SUPPLY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$1,137,353$1,109,903$27,450$3,477,841$911,032$2,566,809
July 31, 2024990$1,078,798$1,032,469$46,329$3,683,025$1,066,256$2,616,769
July 31, 2023990$911,503$695,829$215,674$3,701,663$1,131,224$2,570,439
July 31, 2022990 (amended)$829,005$419,375$409,630$3,490,843$1,136,079$2,354,764
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,087,559
Investment income
$49,794
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$155,697
Salaries, compensation and benefits (total)
$170,369
Professional fundraising fees
$0
Accounting fees
$8,000
Occupancy
$656,620
Program services (functional)
$954,510
Management and general (functional)
$155,393

Balance sheet and other

Total assets, start of year
$3,780,609
Total assets, end of year
$3,477,841
Total liabilities, end of year
$911,032
Net assets, end of year
$2,566,809
Land, buildings and equipment
$1,722,449
Net assets without donor restrictions
$2,363,541
Net assets with donor restrictions
$203,268
Gross receipts
$1,137,353
Employees
5
Year formed
1964
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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
HERB CASEYVICE-PRESIDE
Trustee or director, Officer
–$0
RON DYSONDIRECTOR
Trustee or director
–$0
CLINT FLATTDIRECTOR
Trustee or director
–$0
TED KANTORPRESIDENT
Trustee or director, Officer
–$0
CAROL KEYSSECRETARY-TR
Trustee or director, Officer
–$0
RICKY LIDEDIRECTOR
Trustee or director
–$0
BRENT LOCKEDIRECTOR
Trustee or director
–$0
WENDY SIMMONSDIRECTOR
Trustee or director
–$0
LOVIE WHYTEDIRECTOR
Trustee or director
–$0
990 for the year ended July 31, 2024: 9 people
NameTitleHours / weekCompensation
HERB CASEYVICE-PRESIDE
Trustee or director, Officer
–$0
RON DYSONDIRECTOR
Trustee or director
–$0
CLINT FLATTDIRECTOR
Trustee or director
–$0
TED KANTORPRESIDENT
Trustee or director, Officer
–$0
CAROL KEYSSECRETARY-TR
Trustee or director, Officer
–$0
RICKY LIDEDIRECTOR
Trustee or director
–$0
BRENT LOCKEDIRECTOR
Trustee or director
–$0
WENDY SIMMONSDIRECTOR
Trustee or director
–$0
LOVIE WHYTEDIRECTOR
Trustee or director
–$0
990 for the year ended July 31, 2023: 9 people
NameTitleHours / weekCompensation
HERB CASEYVICE-PRESIDE
Trustee or director, Officer
–$0
RON DYSONDIRECTOR
Trustee or director
–$0
CLINT FLATTDIRECTOR
Trustee or director
–$0
TED KANTORPRESIDENT
Trustee or director, Officer
–$0
CAROL KEYSSECRETARY-TR
Trustee or director, Officer
–$0
RICKY LIDEDIRECTOR
Trustee or director
–$0
BRENT LOCKEDIRECTOR
Trustee or director
–$0
WENDY SIMMONSDIRECTOR
Trustee or director
–$0
LOVIE WHYTEDIRECTOR
Trustee or director
–$0
990 for the year ended July 31, 2022: 9 people
NameTitleHours / weekCompensation
HERB CASEYVICE-PRESIDE
Trustee or director, Officer
–$0
RON DYSONDIRECTOR
Trustee or director
–$0
CLINT FLATTDIRECTOR
Trustee or director
–$0
TED KANTORPRESIDENT
Trustee or director, Officer
–$0
CAROL KEYSSECRETARY-TR
Trustee or director, Officer
–$0
RICKY LIDEDIRECTOR
Trustee or director
–$0
BRENT LOCKEDIRECTOR
Trustee or director
–$0
WENDY SIMMONSDIRECTOR
Trustee or director
–$0
LOVIE WHYTEDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 126, MEXIA, TX 76667-0126
Principal officer (990 for 2024)
TED KANTOR
Signed the 990
TED KANTOR, PRESIDENT
Phone
(254) 562-6295
Return prepared by
PAUL J CHRISTENSEN & ASSOCIATES LLC

Mission

TO PROVIDE A SUPPLY OF QUALITY DRINKING WATER TO THE RESIDENTS OF RURAL TEXAS COUNTIES, LIMESTONE AND FREESTONE.

990 for the year ended July 31, 2025

Program accomplishments

  • TO PROVIDE A SOURCE OF POTABLE WATER FOR RURAL RESIDENTS.
    Expenses $954,510

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
74-2482915
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1991
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,477,841
Income (IRS master file)
$1,137,353

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$1,137,353$1,109,903$3,477,841XML
990July 2024$1,078,798$1,032,469$3,683,025XML
990July 2023$911,503$695,829$3,701,663XML
990July 2022$829,005$419,375$3,490,843XML
990July 2021–––IRS
990July 2020–––IRS
990July 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 74-2482915).

Questions about POINT ENTERPRISE WATER SUPPLY CORPORATION

What is the EIN of POINT ENTERPRISE WATER SUPPLY CORPORATION?
The employer identification number (EIN) of POINT ENTERPRISE WATER SUPPLY CORPORATION is 74-2482915.
Is POINT ENTERPRISE WATER SUPPLY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1991.
Are donations to POINT ENTERPRISE WATER SUPPLY CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does POINT ENTERPRISE 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 POINT ENTERPRISE WATER SUPPLY CORPORATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POINT ENTERPRISE WATER SUPPLY CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of POINT ENTERPRISE WATER SUPPLY CORPORATION?
The 990 for the year ended July 31, 2025 names TED KANTOR.
Who are the officers and directors of POINT ENTERPRISE WATER SUPPLY CORPORATION?
The 990 for the year ended July 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does POINT ENTERPRISE WATER SUPPLY CORPORATION have?
On its 990 for the year ended July 31, 2025 it reported revenue of $1,137,353, expenses of $1,109,903 and total assets of $3,477,841 at year end.

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