Nonprofit · EIN 75-1394306
RAMEY WATER SUPPLY CORPORATION
Tax-exempt · MINEOLA, TX 75773
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,667,945 | $1,668,314 | -$369 | $6,203,712 | $3,867,540 | $2,336,172 |
| December 31, 2023 | 990 | $1,676,463 | $1,676,881 | -$418 | $5,897,841 | $3,573,305 | $2,324,536 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,642,908
- Investment income
- $24,518
- Net gain from sales of assets
- $6,172
- Other revenue
- $519
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $485,667
- Salaries, compensation and benefits (total)
- $623,251
- Professional fundraising fees
- $0
- Legal fees
- $3,569
- Accounting fees
- $16,509
- Occupancy
- $19,349
- Depreciation
- $342,457
- Program services (functional)
- $1,668,314
Balance sheet and other
- Total assets, start of year
- $5,897,841
- Total assets, end of year
- $6,203,712
- Total liabilities, end of year
- $3,867,540
- Net assets, end of year
- $2,336,172
- Land, buildings and equipment
- $5,104,759
- Gross receipts
- $1,667,945
- Employees
- 10
- Year formed
- 1970
- 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 |
|---|---|---|---|
| Silvia Reyes | Director Trustee or director | 1 | $0 |
| Earl Routh | Director Trustee or director | 1 | $0 |
| Joe Daniels | Director Trustee or director | 1 | $0 |
| Glen Burgin | Director Trustee or director | 1 | $0 |
| Waymon Ragsdale | Vice President Trustee or director, Officer | 1 | $0 |
| Ed Donnelly | Secretary Trustee or director, Officer | 1 | $0 |
| Robert Spann | President Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Earl Routh | Director Trustee or director | 1 | $0 |
| Joe Daniels | Director Trustee or director | 1 | $0 |
| Glen Burgin | Director Trustee or director | 1 | $0 |
| Silvia Reyes | Director Trustee or director | 1 | $0 |
| Robert Spann | President Trustee or director, Officer | 2 | $0 |
| Ed Donnelly | Secretary Trustee or director, Officer | 1 | $0 |
| Waymon Ragsdale | Vice President Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 58, MINEOLA, TX 75773-0058
- In care of
- % ROBERT SPANN
- Signed the 990
- ROBERT SPANN, President
- Phone
- (903) 569-6502
- Return prepared by
- Fisher McMurphy and Assoc CPA PLLC
Mission
Providing water services to the rural aresas north and west of the city of Mineola, Texas.
Program accomplishments
- Provided water services to the rural areas north and west of Mineola, Texas.Expenses $1,668,314 · revenue $1,601,945
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
- 75-1394306
- 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)
- $6,203,712
- Income (IRS master file)
- $1,667,945
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,667,945 | $1,668,314 | $6,203,712 | IRS |
| 990 | December 2023 | $1,676,463 | $1,676,881 | $5,897,841 | XML |
| 990 | December 2022 | $1,882,850 | $1,498,489 | $5,743,153 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 75-1394306).
Questions about RAMEY WATER SUPPLY CORPORATION
- What is the EIN of RAMEY WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of RAMEY WATER SUPPLY CORPORATION is 75-1394306.
- Is RAMEY WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1977.
- Are donations to RAMEY WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RAMEY 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 RAMEY 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 RAMEY 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 RAMEY 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 RAMEY WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,667,945, expenses of $1,668,314 and total assets of $6,203,712 at year end.
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