Nonprofit · EIN 75-1232329
MYRTLE SPRINGS WATER SUPPLY CORPORATION
Tax-exempt · CANTON, TX 75103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,576,187 | $867,771 | $708,416 | $3,354,492 | $1,052,826 | $2,301,666 |
| December 31, 2024 | 990 | $1,138,400 | $797,618 | $340,782 | $2,954,374 | $1,361,124 | $1,593,250 |
| December 31, 2023 | 990 | $812,654 | $758,733 | $53,921 | $2,408,703 | $1,156,235 | $1,252,468 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,542,702
- Investment income
- $3,065
- Other revenue
- $30,420
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $231,203
- Salaries, compensation and benefits (total)
- $256,026
- Professional fundraising fees
- $0
- Legal fees
- $425
- Accounting fees
- $8,800
- Occupancy
- $1,500
- Travel
- $3,008
- Depreciation
- $164,308
- Program services (functional)
- $201,348
- Management and general (functional)
- $666,423
Balance sheet and other
- Total assets, start of year
- $2,954,374
- Total assets, end of year
- $3,354,492
- Total liabilities, end of year
- $1,052,826
- Net assets, end of year
- $2,301,666
- Land, buildings and equipment
- $2,162,643
- Net assets without donor restrictions
- $2,301,666
- Gross receipts
- $1,576,187
- Employees
- 4
- Year formed
- 1968
- 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 |
|---|---|---|---|
| CONNIE HERNANDEZ | Director Trustee or director | 1 | $0 |
| DEAN GORELL | Director Trustee or director | 1 | $0 |
| BUSTER LEAVELL | Treasurer Trustee or director, Officer | 1 | $0 |
| FRANK MEYERS | Vice President Trustee or director, Officer | 1 | $0 |
| CHRIS HARRIS | Director Trustee or director | 1 | $0 |
| JOHN KIMBREW | President Officer | 5 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CONNIE HERNANDEZ | Director Trustee or director | 1 | $0 |
| DEAN GORELL | Director Trustee or director | 1 | $0 |
| BUSTER LEAVELL | Treasurer Trustee or director, Officer | 1 | $0 |
| FRANK MEYERS | Vice President Trustee or director, Officer | 1 | $0 |
| CHRIS HARRIS | Director Trustee or director | 1 | $0 |
| JOHN KIMBREW | President Officer | 5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CONNIE HERNANDEZ | Director Trustee or director | 1 | $0 |
| DEAN GORELL | Director Trustee or director | 1 | $0 |
| BUSTER LEAVELL | Treasurer Trustee or director, Officer | 1 | $0 |
| FRANK MEYERS | Vice President Trustee or director, Officer | 1 | $0 |
| DAVID FRAZIER | Director Trustee or director | 1 | $0 |
| JOHN KIMBREW | President Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 99, CANTON, TX 75103-0099
- Signed the 990
- JOHN KIMBREW, President
- Phone
- (903) 865-8402
- Website
- WWW.MYRTLESPRINGSWATER.ORG
- Return prepared by
- MCPA PC
Mission
PROVIDE SAFE, HIGH QUAILITY WATER SERVICES TO ITS COMMUNITY, WHILE MAINTAINING A STANDARD OF EXCELLENCE IN CUSTOMER SERVICE AND ENVIRONMENTAL CONSERVATION.
Program accomplishments
- PROVIDE WATER TO THE COOPERATIVE MEMBERS OF RURAL AREA IN MYRTLE SPRINGS, TX.
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
- 75-1232329
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,354,492
- Income (IRS master file)
- $1,576,187
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,576,187 | $867,771 | $3,354,492 | IRS |
| 990 | December 2024 | $1,138,400 | $797,618 | $2,954,374 | XML |
| 990 | December 2023 | $812,654 | $758,733 | $2,408,703 | XML |
| 990 | December 2022 | $852,158 | $786,665 | $2,383,867 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 75-1232329).
Questions about MYRTLE SPRINGS WATER SUPPLY CORPORATION
- What is the EIN of MYRTLE SPRINGS WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of MYRTLE SPRINGS WATER SUPPLY CORPORATION is 75-1232329.
- Is MYRTLE SPRINGS WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1968.
- Are donations to MYRTLE SPRINGS WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MYRTLE SPRINGS 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 MYRTLE SPRINGS 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 MYRTLE SPRINGS 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 are the officers and directors of MYRTLE SPRINGS WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does MYRTLE SPRINGS WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,576,187, expenses of $867,771 and total assets of $3,354,492 at year end.
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