Nonprofit · EIN 75-1320972
CHATFIELD WATER SUPPLY CORPORATION
Tax-exempt · POWELL, TX 75153
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,312,831 | $1,918,240 | $394,591 | $5,360,894 | $475,220 | $4,885,674 |
| December 31, 2023 | 990 | $2,177,657 | $1,854,215 | $323,442 | $5,189,953 | $698,870 | $4,491,083 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,181
- Program service revenue
- $2,263,533
- Investment income
- $40,117
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,700
- Other salaries and wages
- $451,141
- Salaries, compensation and benefits (total)
- $546,067
- Professional fundraising fees
- $0
- Accounting fees
- $36,470
- Depreciation
- $246,036
- Program services (functional)
- $1,647,714
- Management and general (functional)
- $270,526
Balance sheet and other
- Total assets, start of year
- $5,189,953
- Total assets, end of year
- $5,360,894
- Total liabilities, end of year
- $475,220
- Net assets, end of year
- $4,885,674
- Land, buildings and equipment
- $3,948,206
- Net assets without donor restrictions
- $4,879,844
- Net assets with donor restrictions
- $5,830
- Gross receipts
- $2,312,831
- Employees
- 9
- Volunteers
- 0
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY BERRY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CLAY JACKSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RON BUCKLEY | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| THOMAS HILL | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE COTTEN | DIRECTOR Trustee or director | 1 | $0 |
| RITA WEST | DIRECTOR Trustee or director | 1 | $0 |
| DARRELL COBB | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS HILL | PRESIDENT Trustee or director, Officer | 1 | $0 |
| NICK MERRITT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RON BUCKLEY | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| CLAY JACKSON | DIRECTOR Trustee or director | 1 | $0 |
| GARY BERRY | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE COTTEN | DIRECTOR Trustee or director | 1 | $0 |
| RITA WEST | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 158, POWELL, TX 75153-0158
- Principal officer (990 for 2024)
- GARY BERRY, 15610 NE 3030, KERENS, TX 75144
- Signed the 990
- GARY BERRY, PRESIDENT
- Phone
- (903) 345-3463
- Return prepared by
- JRBT PC
Mission
TO PROVIDE WATER SERVICE TO A RURAL AREA
Program accomplishments
- RURAL WATER SALESExpenses $1,647,714 · grants $7,700 · revenue $2,263,533
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 | Not 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
- 75-1320972
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,360,894
- Income (IRS master file)
- $2,312,831
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,312,831 | $1,918,240 | $5,360,894 | XML |
| 990 | December 2023 | $2,177,657 | $1,854,215 | $5,189,953 | XML |
| 990 | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 75-1320972).
Questions about CHATFIELD WATER SUPPLY CORPORATION
- What is the EIN of CHATFIELD WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of CHATFIELD WATER SUPPLY CORPORATION is 75-1320972.
- Is CHATFIELD WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1973.
- Are donations to CHATFIELD WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHATFIELD 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 CHATFIELD 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 CHATFIELD 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 CHATFIELD WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 names GARY BERRY.
- Who are the officers and directors of CHATFIELD WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does CHATFIELD WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,312,831, expenses of $1,918,240 and total assets of $5,360,894 at year end.