Nonprofit · EIN 75-1865393
ANGUS WATER SUPPLY CORPORATION
Tax-exempt · CORSICANA, TX 75109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $456,488 | $468,336 | -$11,848 | $800,827 | $239,918 | $560,909 |
| December 31, 2024 | 990 | $424,613 | $431,315 | -$6,702 | $695,993 | $129,063 | $566,930 |
| December 31, 2023 | 990 | $440,476 | $447,232 | -$6,756 | $702,326 | $145,175 | $557,151 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $446,539
- Investment income
- $9,949
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $112,775
- Salaries, compensation and benefits (total)
- $121,716
- Professional fundraising fees
- $0
- Legal fees
- $619
- Accounting fees
- $1,770
- Depreciation
- $53,323
- Program services (functional)
- $387,167
- Management and general (functional)
- $81,169
Balance sheet and other
- Total assets, start of year
- $695,993
- Total assets, end of year
- $800,827
- Total liabilities, end of year
- $239,918
- Net assets, end of year
- $560,909
- Land, buildings and equipment
- $177,896
- Gross receipts
- $456,488
- Employees
- 3
- Year formed
- 1962
- 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 |
|---|---|---|---|
| PATRICK PATTERSON | SECRETARYTREASURER Trustee or director, Officer | 5 | $0 |
| CHRISTIE LASETER | DIRECTOR Trustee or director | 2 | $0 |
| LIZ SMITH | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MARGARET WARD | DIRECTOR Trustee or director | 2 | $0 |
| LEORA LEAL | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTIE LASETER | DIRECTOR Trustee or director | 2 | $0 |
| LIZ SMITH | DIRECTOR Trustee or director | 2 | $0 |
| MARGARET WARD | DIRECTOR Trustee or director | 2 | $0 |
| LEORA LEAL | DIRECTOR Trustee or director | 2 | $0 |
| MELINDA GATEWOOD | PRESIDENT Trustee or director, Officer | 5 | $0 |
| LOWELL GRABAU | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| PATRICK PATTERSON | SECRETARYTREASURER Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK PATTERSON | DIRECTOR Trustee or director | 2 | $0 |
| LIZ SMITH | DIRECTOR Trustee or director | 2 | $0 |
| MARGARET WARD | DIRECTOR Trustee or director | 2 | $0 |
| MELINDA GATEWOOD | PRESIDENT Trustee or director, Officer | 5 | $0 |
| LOWELL GRABAU | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| DANIEL GATEWOOD | SECRETARYTREASURER Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 212 FM 739, CORSICANA, TX 75109-9451
- In care of
- % LIZ SMITH
- Principal officer (990 for 2025)
- LIZ SMITH, 6082 SW CR 0050, CORSICANA, TX 75110
- Signed the 990
- LIZ SMITH, PRESIDENT
- Phone
- (903) 874-6773
- Return prepared by
- SHARON L MAHONEY CPA
Mission
PROVIDE TREATED SURFACE WATER TO MEMBERS.
Program accomplishments
- PROVIDE POTABLE WATER TO MEMBERSExpenses $387,167
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
- 75-1865393
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $800,827
- Income (IRS master file)
- $456,488
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $456,488 | $468,336 | $800,827 | XML |
| 990 | December 2024 | $424,613 | $431,315 | $695,993 | IRS |
| 990 | December 2023 | $440,476 | $447,232 | $702,326 | XML |
| 990 | December 2022 | $453,986 | $421,525 | $701,841 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 75-1865393).
Questions about ANGUS WATER SUPPLY CORPORATION
- What is the EIN of ANGUS WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of ANGUS WATER SUPPLY CORPORATION is 75-1865393.
- Is ANGUS WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1991.
- Are donations to ANGUS WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ANGUS 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 ANGUS 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 ANGUS 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 ANGUS WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2025 names LIZ SMITH.
- Who are the officers and directors of ANGUS 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 ANGUS WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $456,488, expenses of $468,336 and total assets of $800,827 at year end.
Other nonprofits in CORSICANA
- NAVARRO COUNTY ELECTRIC COOPERATIVE INC EIN 75-0458545 · last filed 990 for 2024
- ADVANCE CHILD CARE INC EIN 75-2294531 · last filed 990 for 2024
- COMMUNITY SERVICES INC EIN 75-6051334 · last filed 990 for 2024
- YOUNG MENS CHRISTIAN ASSOCIATION CORSICANA EIN 75-0808817 · last filed 990 for 2025
- NAVARRO COMMUNITY FOUNDATION EIN 75-0800663 · last filed 990-PF for 2025
- VIABLE OPTIONS IN COMMUNITY EIN 75-2491685 · last filed 990 for 2025
- CORBET WATER SUPPLY CORPORATION EIN 75-1986004 · last filed 990 for 2024
- NAVARRO COUNTY AMBULATORY CARE ASSOCIATION EIN 75-2644325 · last filed 990 for 2024