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Nonprofit · EIN 75-1364002

BOLIVAR WATER SUPPLY CORPORATION

Tax-exempt · SANGER, TX 76266

Financials

$4.7M$3.4M2023$5.8M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of BOLIVAR WATER SUPPLY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,772,201$3,779,435$1,992,766$25,843,876$1,809,867$24,034,009
December 31, 2023990$4,737,790$3,433,131$1,304,659$23,352,262$1,272,849$22,079,413
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,101,081
Investment income
$542,020
Net gain from sales of assets
$288,756
Other revenue
$129,100

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$252,917
Other salaries and wages
$828,148
Salaries, compensation and benefits (total)
$1,339,943
Professional fundraising fees
$0
Accounting fees
$17,500
Depreciation
$972,206

Balance sheet and other

Total assets, start of year
$23,352,262
Total assets, end of year
$25,843,876
Total liabilities, end of year
$1,809,867
Net assets, end of year
$24,034,009
Land, buildings and equipment
$13,622,515
Gross receipts
$10,385,889
Employees
16
Year formed
1969
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
JAMES PARKMANCEO
Officer
40$153,957
BRANDI BOGGSCFO
Officer
40$98,960
KEVIN KEMPLINPresident
Trustee or director, Officer
2$0
FREIDA ASHCRAFTSecretary
Trustee or director, Officer
2$0
DL BOWLESDirector
Trustee or director
2$0
KIM MARKELVice President
Trustee or director, Officer
2$0
SAMMY RIPPEYDirector
Trustee or director
2$0
CHAD CORBINDirector
Trustee or director
2$0
MIKE PRATERDirector
Trustee or director
2$0
KENT CRUTSINGERDirector
Trustee or director
2$0
MITCHELL ERWINDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JAMES PARKMANCEO
Officer
40$146,938
BRANDI BOGGSCFO
Officer
40$88,827
KEVIN KEMPLINPresident
Trustee or director, Officer
2$0
FREIDA ASHCRAFTSecretary
Trustee or director, Officer
2$0
DL BOWLESDirector
Trustee or director
2$0
KIM MARKELVice President
Trustee or director, Officer
2$0
TOMMY RHODESDirector
Trustee or director
2$0
JOHN KUBICEKDirector
Trustee or director
2$0
BOB MONTGOMERYDirector
Trustee or director
2$0
GARY WHEELERDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
4151 FM 4151 W 4151 FM 455 W, SANGER, TX 76266-0000
Signed the 990
BRANDI BOGGS, CFO
Phone
(940) 458-3931
Return prepared by
Hankins Eastup Deaton Tonn Seay & Scarbo

Mission

RURAL WATER SUPPLY

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED POTABLE WATER TO APPROXIMATELY 3,500 RURAL WATER CUSTOMERS.
    Expenses $3,779,435

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
75-1364002
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,843,876
Income (IRS master file)
$10,385,889

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,772,201$3,779,435$25,843,876IRS
990December 2023$4,737,790$3,433,131$23,352,262XML
990December 2022–––IRS
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 75-1364002).

Questions about BOLIVAR WATER SUPPLY CORPORATION

What is the EIN of BOLIVAR WATER SUPPLY CORPORATION?
The employer identification number (EIN) of BOLIVAR WATER SUPPLY CORPORATION is 75-1364002.
Is BOLIVAR WATER SUPPLY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1974.
Are donations to BOLIVAR WATER SUPPLY CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BOLIVAR 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 BOLIVAR 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 BOLIVAR 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 are the officers and directors of BOLIVAR WATER SUPPLY CORPORATION?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $153,957 (JAMES PARKMAN, CEO).
How much revenue does BOLIVAR WATER SUPPLY CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,772,201, expenses of $3,779,435 and total assets of $25,843,876 at year end.

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