Nonprofit · EIN 75-1462384
EULA WATER SUPPLY CORPORATION
Tax-exempt · CLYDE, TX 79510
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $966,819 | $768,560 | $198,259 | $4,137,844 | $24,350 | $4,113,494 |
| December 31, 2024 | 990 | $1,200,493 | $801,720 | $398,773 | $3,968,500 | $86,265 | $3,882,235 |
| December 31, 2023 | 990 | $908,876 | $743,858 | $165,018 | $3,516,186 | $58,724 | $3,457,462 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $83,809
- Net gain from sales of assets
- $4,798
- Net income from sales of inventory
- $709,361
- Other revenue
- $883,010
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $207,850
- Salaries, compensation and benefits (total)
- $223,726
- Professional fundraising fees
- $0
- Legal fees
- $7,677
- Accounting fees
- $8,000
- Depreciation
- $275,356
- Program services (functional)
- $768,560
Balance sheet and other
- Total assets, start of year
- $3,968,500
- Total assets, end of year
- $4,137,844
- Total liabilities, end of year
- $24,350
- Net assets, end of year
- $4,113,494
- Land, buildings and equipment
- $1,723,745
- Net assets without donor restrictions
- $4,113,494
- Gross receipts
- $1,716,918
- Employees
- 3
- Year formed
- 1972
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Rock | Treasurer Trustee or director, Officer | 1 | $0 |
| Bryan Farmer | President Trustee or director, Officer | 1 | $0 |
| Eddie Riley | Secretary Trustee or director, Officer | 1 | $0 |
| George Jackson | Vice President Trustee or director, Officer | 1 | $0 |
| Mike Holt | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Rock | Treasurer Trustee or director, Officer | 1 | $0 |
| Bryan Farmer | President Trustee or director, Officer | 1 | $0 |
| Eddie Riley | Secretary Trustee or director, Officer | 1 | $0 |
| George Jackson | Vice President Trustee or director, Officer | 1 | $0 |
| Mike Holt | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Rock | Treasurer Trustee or director, Officer | 1 | $0 |
| Bryan Farmer | President Trustee or director, Officer | 1 | $0 |
| Eddie Riley | Secretary Trustee or director, Officer | 1 | $0 |
| George Jackson | Vice President Trustee or director, Officer | 1 | $0 |
| Mike Holt | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5744 FM 603, CLYDE, TX 79510-6320
- Principal officer (990 for 2025)
- Joe Compton
- Signed the 990
- Bryan Farmer, President
- Phone
- (325) 529-3555
- Return prepared by
- MERRITT MCLANE & HAMBY PC
Mission
Devoted to furnishing the water supply to rural residents in Clyde, Texas.
Program accomplishments
- Supply water to rural areas around Clyde, Texas.Expenses $768,560
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 | 990 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
- 75-1462384
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,137,844
- Income (IRS master file)
- $1,716,918
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $966,819 | $768,560 | $4,137,844 | IRS |
| 990 | December 2024 | $1,200,493 | $801,720 | $3,968,500 | IRS |
| 990 | December 2023 | $908,876 | $743,858 | $3,516,186 | XML |
| 990 | December 2022 | $852,153 | $550,694 | $3,352,501 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 75-1462384).
Questions about EULA WATER SUPPLY CORPORATION
- What is the EIN of EULA WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of EULA WATER SUPPLY CORPORATION is 75-1462384.
- Is EULA WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1984.
- Are donations to EULA WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EULA 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 EULA WATER SUPPLY CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EULA WATER SUPPLY CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of EULA WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 names Joe Compton.
- Who are the officers and directors of EULA WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does EULA WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $966,819, expenses of $768,560 and total assets of $4,137,844 at year end.
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