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Nonprofit · EIN 75-1314785

CRESCENT HEIGHTS WATER SUPPLY CORPORATION

Tax-exempt · ATHENS, TX 75751

Financials

$539K$498K2023$783K$495K2024
Revenue Expenses · by fiscal year end
Financials of CRESCENT HEIGHTS WATER SUPPLY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$782,966$495,273$287,693$2,358,653$328,248$2,030,405
December 31, 2023990$538,744$497,651$41,093$2,082,765$339,903$1,742,862
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$466,146
Investment income
$3,820
Other revenue
$313,000

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$181,311
Salaries, compensation and benefits (total)
$225,456
Professional fundraising fees
$0
Accounting fees
$7,920
Travel
$1,793
Depreciation
$50,977
Program services (functional)
$495,273

Balance sheet and other

Total assets, start of year
$2,082,765
Total assets, end of year
$2,358,653
Total liabilities, end of year
$328,248
Net assets, end of year
$2,030,405
Land, buildings and equipment
$1,725,904
Gross receipts
$782,966
Employees
3
Year formed
1967
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
AUSTIN BROWNDIRECTOR
Trustee or director
–$0
DAMON DONNELLPRESIDENT
Trustee or director, Officer
–$0
LUCY FRANKSVICE PRESIDE
Trustee or director, Officer
–$0
DOUG HAGEMANSECRETARY/TR
Trustee or director, Officer
–$0
NATHAN HERRINGTONDIRECTOR
Trustee or director
–$0
MIKE WILSONDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DORIS BARTONSECRETARY-TR
Trustee or director, Officer
–$0
DAMON DONNELLPRESIDENT
Trustee or director, Officer
–$0
LUCY FRANKSVICE PRESIDE
Trustee or director, Officer
–$0
DOUG HAGEMANDIRECTOR
Trustee or director
–$0
NATHAN HERRINGTONDIRECTOR
Trustee or director
–$0
MIKE WILSONDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
9430 STATE HIGHWAY 31 W, ATHENS, TX 75751-8512
Principal officer (990 for 2024)
DAMON DONNELL, 9178 CR 1500, ATHENS, TX 75751
Signed the 990
DAMON DONNELL, PRESIDENT
Phone
(903) 677-3946
Return prepared by
HOLDREDGE SHADDOX & HABIBELAHIAN LLP

Mission

TO PROVIDE WATER SERVICE TO APPROX 674 RESIDENTS OF A RURAL COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • WATER SALES & SERVICE
    Expenses $495,273 · revenue $466,146
  • WATER SALES AND SERVICE

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-1314785
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,358,653
Income (IRS master file)
$782,966

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$782,966$495,273$2,358,653XML
990December 2023$538,744$497,651$2,082,765XML
990December 2022$500,551$473,385$2,057,949IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 75-1314785).

Questions about CRESCENT HEIGHTS WATER SUPPLY CORPORATION

What is the EIN of CRESCENT HEIGHTS WATER SUPPLY CORPORATION?
The employer identification number (EIN) of CRESCENT HEIGHTS WATER SUPPLY CORPORATION is 75-1314785.
Is CRESCENT HEIGHTS WATER SUPPLY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1972.
Are donations to CRESCENT HEIGHTS WATER SUPPLY CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CRESCENT HEIGHTS 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 CRESCENT HEIGHTS WATER SUPPLY CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CRESCENT HEIGHTS WATER SUPPLY CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CRESCENT HEIGHTS WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2024 names DAMON DONNELL.
Who are the officers and directors of CRESCENT HEIGHTS WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does CRESCENT HEIGHTS WATER SUPPLY CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $782,966, expenses of $495,273 and total assets of $2,358,653 at year end.

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