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Nonprofit · EIN 75-1304354

NORTH HOPKINS WATER SUPPLY

Tax-exempt · SULPHUR SPGS, TX 75482

Financials

$2.3M$2.3M2023$3.1M$2.7M2024$2.9M$2.7M2025
Revenue Expenses · by fiscal year end
Financials of NORTH HOPKINS WATER SUPPLY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,930,725$2,700,836$229,889$4,640,466$2,978,164$1,662,302
December 31, 2024990$3,122,690$2,655,678$467,012$4,412,827$3,029,564$1,383,263
December 31, 2023990$2,328,527$2,343,440-$14,913$3,997,497$3,081,246$916,251
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,836,095
Investment income
$65,658
Other revenue
$28,972

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$413,533
Salaries, compensation and benefits (total)
$569,194
Professional fundraising fees
$0
Accounting fees
$15,089
Travel
$650
Depreciation
$291,702
Program services (functional)
$2,421,078
Management and general (functional)
$279,758

Balance sheet and other

Total assets, start of year
$4,412,827
Total assets, end of year
$4,640,466
Total liabilities, end of year
$2,978,164
Net assets, end of year
$1,662,302
Land, buildings and equipment
$2,614,505
Gross receipts
$2,930,725
Employees
10
Year formed
1966
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 / weekCompensation
DAVID JAMESDirector
Trustee or director
1$0
RANDY RUSHINDirector
Trustee or director
1$0
CHARLES ASKINSPresident
Trustee or director, Officer
1$0
JK BASSHAMDirector
Trustee or director
1$0
BILLY MOBLEYDirector
Trustee or director
1$0
WILLIAM DUBBY HENTONVice President
Trustee or director, Officer
1$0
JASON VAUGHNSecretary
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
DAVID JAMESDirector
Trustee or director
1$0
RANDY RUSHINDirector
Trustee or director
1$0
CHARLES ASKINSPresident
Trustee or director, Officer
1$0
JK BASSHAMDirector
Trustee or director
1$0
BILLY MOBLEYDirector
Trustee or director
1$0
WILLIAM DUBBY HENTONVice President
Trustee or director, Officer
1$0
JASON VAUGHNSecretary
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JAMES WACHELDirector
Trustee or director
1$0
PATRICIA DORNERPresident
Trustee or director, Officer
1$0
CHARLES ASKINSDirector
Trustee or director
1$0
JK BASSHAMDirector
Trustee or director
1$0
BILLY MOBLEYDirector
Trustee or director
1$0
JASON VAUGHNSecretary
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
9364 TEXAS HIGHWAY 19 N, SULPHUR SPGS, TX 75482-1120
Principal officer (990 for 2025)
CHARLES ASKINS, 9364 TEXAS HIGHWAY 19 NORTH, SULPHUR SPRINGS, TX 75482
Signed the 990
CHARLES ASKINS, President
Phone
(903) 945-2619
Return prepared by
McClanahan and Holmes LLP CPA

Mission

WE ARE COMMITTED TO PROVIDING SAFE, HIGH QUALITY WATER SERVICES TO OUR COMMUNITY, WHILE MAINTAINING A STANDARD OF EXCELLENCE IN CUSTOMER SERVICE AND ENVIRONMENTAL CONSERVATION.

990 for the year ended December 31, 2025

Program accomplishments

  • WATER SYSTEM EXPENSES
    Expenses $2,421,078 · revenue $2,836,095

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
75-1304354
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,640,466
Income (IRS master file)
$2,930,725

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,930,725$2,700,836$4,640,466XML
990December 2024$3,122,690$2,655,678$4,412,827XML
990December 2023$2,328,527$2,343,440$3,997,497XML
990December 2022$2,027,972$2,131,540$4,035,280IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 75-1304354).

Questions about NORTH HOPKINS WATER SUPPLY

What is the EIN of NORTH HOPKINS WATER SUPPLY?
The employer identification number (EIN) of NORTH HOPKINS WATER SUPPLY is 75-1304354.
Is NORTH HOPKINS WATER SUPPLY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1993.
Are donations to NORTH HOPKINS WATER SUPPLY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTH HOPKINS WATER SUPPLY 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 NORTH HOPKINS WATER SUPPLY 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 NORTH HOPKINS WATER SUPPLY 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 NORTH HOPKINS WATER SUPPLY?
The 990 for the year ended December 31, 2025 names CHARLES ASKINS.
Who are the officers and directors of NORTH HOPKINS WATER SUPPLY?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does NORTH HOPKINS WATER SUPPLY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,930,725, expenses of $2,700,836 and total assets of $4,640,466 at year end.

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