Nonprofit · EIN 75-1577883
GOODSPRINGS WATER SUPPLY CORPORATION
Tax-exempt · HENDERSON, TX 75654
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $963,006 | $765,193 | $197,813 | $4,188,627 | $877,799 | $3,310,828 |
| December 31, 2024 | 990 | $883,695 | $782,943 | $100,752 | $3,999,651 | $895,724 | $3,103,927 |
| December 31, 2023 | 990 | $906,502 | $715,200 | $191,302 | $3,945,993 | $944,568 | $3,001,425 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $951,964
- Investment income
- $11,018
- Royalties
- $24
- Net gain from sales of assets
- $507
- Other revenue
- $24
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $254,490
- Salaries, compensation and benefits (total)
- $273,783
- Professional fundraising fees
- $0
- Accounting fees
- $22,275
- Occupancy
- $69,578
- Depreciation
- $156,621
Balance sheet and other
- Total assets, start of year
- $3,999,651
- Total assets, end of year
- $4,188,627
- Total liabilities, end of year
- $877,799
- Net assets, end of year
- $3,310,828
- Land, buildings and equipment
- $3,260,962
- Gross unrelated business income
- $24
- Gross receipts
- $964,499
- Employees
- 5
- Year formed
- 1965
- 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 |
|---|---|---|---|
| MARK STEVEN NICHOLS | President Trustee or director, Officer | 1 | $0 |
| KAREN HOLLAND | Vice President Trustee or director, Officer | 1 | $0 |
| TRAVIS STUART | Secretary/Treas Trustee or director, Officer | 1 | $0 |
| BRETT CROSS | Director Trustee or director | 0 | $0 |
| JEFF HARMAN | Director Trustee or director | 1 | $0 |
| PHILLIP JASON DAVIS | Director Trustee or director | 0 | $0 |
| TOM DUMAS | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES KEITH | Director Trustee or director | 0 | $0 |
| MARK STEVEN NICHOLS | President Trustee or director, Officer | 1 | $0 |
| KAREN HOLLAND | Vice President Trustee or director, Officer | 1 | $0 |
| TRAVIS STUART | Secretary/Treas Trustee or director | 1 | $0 |
| BRETT CROSS | Director Trustee or director | 0 | $0 |
| TONY CAVALIERE | Director Trustee or director, Officer | 1 | $0 |
| JEFF HARMAN | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HAROLD HOWELL | Director Trustee or director | 0 | $0 |
| MARK STEVEN NICHOLS | President Trustee or director, Officer | 1 | $0 |
| KAREN HOLLAND | SECRETARY/TREAS Trustee or director, Officer | 1 | $0 |
| TRAVIS STUART | Director Trustee or director | 1 | $0 |
| BRETT CROSS | Director Trustee or director | 0 | $0 |
| TONY CAVALIERE | Vice President Trustee or director, Officer | 1 | $0 |
| JEFF HARMAN | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6713 US HIGHWAY 79 S, HENDERSON, TX 75654-5757
- Signed the 990
- MARK STEVEN NICHOLS, President
- Phone
- (903) 646-2851
- Return prepared by
- Gearheart & Gearheart PLLC
Mission
SUPPLY POTABLE WATER TO RURAL RESIDENTS OF THE GOODSPRINGS COMMUNITY
Program accomplishments
- ALL REVENUE AND EXPENSES ARE USED AND EXPENDED FOR THE SOLE PURPOSE OF PROVIDING THE CUSTOMERS WITH POTABLE DRINKING WATER
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
- 75-1577883
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K200)
- Assets (IRS master file)
- $4,188,627
- Income (IRS master file)
- $964,499
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $963,006 | $765,193 | $4,188,627 | XML |
| 990 | December 2024 | $883,695 | $782,943 | $3,999,651 | XML |
| 990 | December 2023 | $906,502 | $715,200 | $3,945,993 | XML |
| 990 | December 2022 | $819,107 | $706,051 | $3,769,982 | 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 75-1577883).
Questions about GOODSPRINGS WATER SUPPLY CORPORATION
- What is the EIN of GOODSPRINGS WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of GOODSPRINGS WATER SUPPLY CORPORATION is 75-1577883.
- Is GOODSPRINGS WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2000.
- Are donations to GOODSPRINGS WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GOODSPRINGS 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 GOODSPRINGS 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 GOODSPRINGS 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 are the officers and directors of GOODSPRINGS WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does GOODSPRINGS WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $963,006, expenses of $765,193 and total assets of $4,188,627 at year end.
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All nonprofits in HENDERSON · Texas · Food, agriculture and nutrition