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Nonprofit · EIN 75-1151768

ARGYLE WATER SUPPLY CORPORATION

Tax-exempt · ARGYLE, TX 76226

Financials

$6.7M$4.6M2023$7.8M$5.2M2024$12.5M$5.3M2025
Revenue Expenses · by fiscal year end
Financials of ARGYLE WATER SUPPLY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$12,503,179$5,256,089$7,247,090$47,906,356$1,145,027$46,761,329
December 31, 2024990$7,798,758$5,174,100$2,624,658$36,352,954$1,257,797$35,095,157
December 31, 2023990$6,694,173$4,612,549$2,081,624$32,720,416$1,608,037$31,112,379
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$11,996,733
Investment income
$492,796
Net rental income
$13,650
Net gain from sales of assets
-$800
Other revenue
$13,650

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$149,163
Other salaries and wages
$697,753
Salaries, compensation and benefits (total)
$1,127,744
Professional fundraising fees
$0
Legal fees
$4,933
Accounting fees
$18,700
Depreciation
$821,191

Balance sheet and other

Total assets, start of year
$36,352,954
Total assets, end of year
$47,906,356
Total liabilities, end of year
$1,145,027
Net assets, end of year
$46,761,329
Land, buildings and equipment
$25,495,193
Gross receipts
$12,503,979
Employees
15
Year formed
1963
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.

NameTitleHours / weekCompensationOther / benefits
MIKE QUINTEROMANAGER40$142,060$7,103
JON DONAHUEVice President
Trustee or director, Officer
3$0$0
AL DOURGARIANPresident
Trustee or director, Officer
5$0$0
DICK SHEPHERDDirector
Trustee or director
2$0$0
ROBERT HAWKDirector
Trustee or director
2$0$0
CHARLES BEAVERSDirector
Trustee or director
2$0$0
RICKEY PERRYDirector
Trustee or director
2$0$0
PAM BATSONSEC/TREAS
Trustee or director, Officer
2$0$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
MIKE QUINTEROMANAGER40$133,656$6,657
JON DONAHUEVice President
Trustee or director, Officer
3$0$0
AL DOURGARIANPresident
Trustee or director, Officer
5$0$0
DICK SHEPHERDDirector
Trustee or director
2$0$0
ROBERT HAWKDirector
Trustee or director
2$0$0
CHARLES BEAVERSDirector
Trustee or director
2$0$0
JAMES SEWELLDirector
Trustee or director
2$0$0
PAM BATSONSEC/TREAS
Trustee or director, Officer
2$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
MIKE QUINTEROMANAGER40$119,000$5,950
JON DONAHUEVice President
Trustee or director, Officer
3$0$0
AL DOURGARIANPresident
Trustee or director, Officer
5$0$0
DICK SHEPHERDDirector
Trustee or director
2$0$0
ROBERT HAWKDirector
Trustee or director
2$0$0
CHARLES BEAVERSDirector
Trustee or director
2$0$0
JAMES SEWELLDirector
Trustee or director
2$0$0
PAM BATSONSEC/TREAS
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
825 FM 407 W, ARGYLE, TX 76226-5712
Principal officer (990 for 2025)
AL DOURGARIAN, PO BOX 249, ARGYLE, TX 76226
Signed the 990
MIKE QUINTERO, MANAGER
Phone
(940) 464-7713
Return prepared by
Abundi Tax Planning Solutions

Mission

ARGYLE WATER SUPPLY IS A RETAIL PUBLIC WATER UTILITY SERVING RESIDENTS OF ARGYLE, TEXAS AND SURROUNDING AREAS.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDED WATER AND SERVICE TO OVER 4,500 MEMBERS WHILE MAINTAINING A QUALITY SYSTEM.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-1151768
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$47,906,356
Income (IRS master file)
$12,503,979

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$12,503,179$5,256,089$47,906,356IRS
990December 2024$7,798,758$5,174,100$36,352,954XML
990December 2023$6,694,173$4,612,549$32,720,416XML
990December 2022$6,484,159$5,461,661$29,365,727IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 75-1151768).

Questions about ARGYLE WATER SUPPLY CORPORATION

What is the EIN of ARGYLE WATER SUPPLY CORPORATION?
The employer identification number (EIN) of ARGYLE WATER SUPPLY CORPORATION is 75-1151768.
Is ARGYLE WATER SUPPLY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1971.
Are donations to ARGYLE WATER SUPPLY CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ARGYLE 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 ARGYLE 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 ARGYLE 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 ARGYLE WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2025 names AL DOURGARIAN.
Who are the officers and directors of ARGYLE WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $142,060 (MIKE QUINTERO, MANAGER).
How much revenue does ARGYLE WATER SUPPLY CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $12,503,179, expenses of $5,256,089 and total assets of $47,906,356 at year end.

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