Nonprofit · EIN 75-1338430
OLDEN WATER SUPPLY CORPORATION
Tax-exempt · OLDEN, TX 76466
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $299,419 | $278,629 | $20,790 | $416,336 | $47,780 | $368,556 |
| December 31, 2023 | 990 | $273,957 | $229,502 | $44,455 | $380,075 | $32,309 | $347,766 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $299,419
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $72,686
- Salaries, compensation and benefits (total)
- $78,364
- Professional fundraising fees
- $0
- Accounting fees
- $1,500
- Travel
- $920
- Program services (functional)
- $276,128
- Management and general (functional)
- $2,501
Balance sheet and other
- Total assets, start of year
- $380,075
- Total assets, end of year
- $416,336
- Total liabilities, end of year
- $47,780
- Net assets, end of year
- $368,556
- Land, buildings and equipment
- $17,864
- Net assets without donor restrictions
- $368,556
- Gross receipts
- $299,419
- Employees
- 3
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 |
|---|---|---|---|
| CLIF CRAIGHEAD | DIRECTOR Trustee or director | – | $0 |
| DWAYNE HUNTER | PRESIDENT Trustee or director, Officer | – | $0 |
| JAMES MASSEY | VICE-PRESIDE Trustee or director | – | $0 |
| KENNY MINNIE | DIRECTOR Trustee or director | – | $0 |
| EDDIE MUNN | SECRETARY Trustee or director | – | $0 |
| BURTON PHILLIPS | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL ADAMS | DIRECTOR Trustee or director | – | $0 |
| CLIF CRAIGHEAD | DIRECTOR Trustee or director | – | $0 |
| JOHN HULLUM | PRESIDENT Trustee or director | – | $0 |
| JAMES MASSEY | VICE-PRESIDE Trustee or director | – | $0 |
| KENNY MINNIE | DIRECTOR Trustee or director | – | $0 |
| EDDIE MUNN | SECRETARY Trustee or director | – | $0 |
| BURTON PHILLIPS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 61, OLDEN, TX 76466-0061
- Principal officer (990 for 2024)
- DWAYNE HUNTER, PO BOX 61, OLDEN, TX 76466
- Signed the 990
- DWAYNE HUNTER, PRESIDENT
- Phone
- (254) 653-2222
- Return prepared by
- DONALD CATE CPA
Mission
RURAL WATER DISTRIBUTION
Program accomplishments
- THE CORPORATION SERVES APPROXIMATELY 250 CUSTOMERS IN AND AROUND THE RURAL COMMUNITY OF OLDEN, TEXAS. NONE OF THE CUSTOMERS HAS THE ABILITY TO RECEIVE TREATED DRINKING WATER EXCEPT THROUGH THE EFFORTS OF THE CORPORATION.Expenses $276,128
- THE CORPORATION SERVES APPROXIMATELY 250 CUSTOMERS
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
- 75-1338430
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $416,336
- Income (IRS master file)
- $299,419
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $299,419 | $278,629 | $416,336 | XML |
| 990 | December 2023 | $273,957 | $229,502 | $380,075 | XML |
| 990 | December 2022 | $284,117 | $280,699 | $321,568 | 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 75-1338430).
Questions about OLDEN WATER SUPPLY CORPORATION
- What is the EIN of OLDEN WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of OLDEN WATER SUPPLY CORPORATION is 75-1338430.
- Is OLDEN WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1977.
- Are donations to OLDEN WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OLDEN 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 OLDEN 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 OLDEN 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 OLDEN WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 names DWAYNE HUNTER.
- Who are the officers and directors of OLDEN 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 OLDEN WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $299,419, expenses of $278,629 and total assets of $416,336 at year end.
Other nonprofits in OLDEN
- EASTLAND COUNTY HELPING OTHERS EIN 82-1963349 · last filed 990-N for 2024
- OLDEN VOLUNTEER FIRE DEPARTMENT EIN 75-2693910 · last filed 990-N for 2025
- OLDEN COMMUNITY CENTER INC EIN 75-2846937 · last filed 990-N for 2024