Nonprofit · EIN 74-2798735
COVES WATER SUPPLY CORPORATION
Tax-exempt · SPICEWOOD, TX 78669
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $561,227 | $401,970 | $159,257 | $691,908 | $10,143 | $681,765 |
| December 31, 2024 | 990 | $438,327 | $305,227 | $133,100 | $553,157 | $30,649 | $522,508 |
| December 31, 2023 | 990 | $276,021 | $315,885 | -$39,864 | $424,324 | $34,917 | $389,407 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $553,300
- Investment income
- $7,927
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $19,527
- Accounting fees
- $29,124
- Depreciation
- $14,400
- Program services (functional)
- $401,970
Balance sheet and other
- Total assets, start of year
- $553,157
- Total assets, end of year
- $691,908
- Total liabilities, end of year
- $10,143
- Net assets, end of year
- $681,765
- Gross unrelated business income
- $7,927
- Gross receipts
- $561,227
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2011
- 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 |
|---|---|---|---|
| STEVE COPE | DIRECTOR Trustee or director | 0 | $0 |
| DREW DEBARRY | DIRECTOR Trustee or director | 0 | $0 |
| ED SCARDAVILLE | DIRECTOR Trustee or director | 0 | $0 |
| STEVE JOHNSON | PRESIDENT Officer | 0 | $0 |
| LANCE HALGREN | TREASURER Officer | 0 | $0 |
| T PAT HARRISON | SECRETARY Officer | 0 | $0 |
| MARK CIRINNA | VP-STRATEGIC PLANNING Officer | 0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE COPE | DIRECTOR Trustee or director | 0 | $0 |
| DREW DEBARRY | DIRECTOR Trustee or director | 0 | $0 |
| ED SCARDAVILLE | DIRECTOR Trustee or director | 0 | $0 |
| STEVE JOHNSON | PRESIDENT Officer | 0 | $0 |
| LANCE HALGREN | TREASURER Officer | 0 | $0 |
| T PAT HARRISON | SECRETARY Officer | 0 | $0 |
| MARK CIRINNA | VP-STRATEGIC PLANNING Officer | 0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE COPE | DIRECTOR Trustee or director | 0 | $0 |
| DREW DEBARRY | DIRECTOR Trustee or director | 0 | $0 |
| ED SCARDAVILLE | DIRECTOR Trustee or director | 0 | $0 |
| STEVE JOHNSON | PRESIDENT Officer | 0 | $0 |
| LANCE HALGREN | TREASURER Officer | 0 | $0 |
| T PAT HARRISON | SECRETARY Officer | 0 | $0 |
| MARK CIRINNA | VP-STRATEGIC PLANNING Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1005 MOONLIGHT BAY DR, SPICEWOOD, TX 78669-6706
- Principal officer (990 for 2025)
- LANCE HALGREN
- Signed the 990
- LANCE HALGREN, TREASURER
- Phone
- (832) 372-4767
- Website
- COVESWSC.ORG
- Return prepared by
- MICHELLE MUSICK CPA
Mission
SUPPLY WATER TO APPROXIMATELY 200 HOMES
Program accomplishments
- SUPPLY WATER TO APPROXIMATELY 200 HOMESExpenses $401,970 · revenue $561,227
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
- 74-2798735
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y22)
- Assets (IRS master file)
- $691,908
- Income (IRS master file)
- $561,227
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $561,227 | $401,970 | $691,908 | XML |
| 990 | December 2024 | $438,327 | $305,227 | $553,157 | XML |
| 990 | December 2023 | $276,021 | $315,885 | $424,324 | XML |
| 990 | December 2022 | $262,057 | $266,279 | $0 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | 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 74-2798735).
Questions about COVES WATER SUPPLY CORPORATION
- What is the EIN of COVES WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of COVES WATER SUPPLY CORPORATION is 74-2798735.
- Is COVES WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2011.
- Are donations to COVES WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COVES 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 COVES WATER SUPPLY CORPORATION 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 COVES WATER SUPPLY CORPORATION 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 COVES WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 names LANCE HALGREN.
- Who are the officers and directors of COVES WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does COVES WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $561,227, expenses of $401,970 and total assets of $691,908 at year end.
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