Nonprofit · EIN 75-1968469
BRASHEAR WATER SUPPLY CORP
Tax-exempt · BRASHEAR, TX 75420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $647,173 | $614,963 | $32,210 | $1,498,054 | $549,220 | $948,834 |
| December 31, 2024 | 990 | $523,029 | $505,737 | $17,292 | $1,457,645 | $541,021 | $916,624 |
| December 31, 2023 | 990 | $464,103 | $522,537 | -$58,434 | $1,485,160 | $585,828 | $899,332 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $598,778
- Investment income
- $14,177
- Other revenue
- $34,218
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $97,132
- Salaries, compensation and benefits (total)
- $115,415
- Professional fundraising fees
- $0
- Accounting fees
- $24,030
- Depreciation
- $47,531
- Program services (functional)
- $537,655
- Management and general (functional)
- $77,308
Balance sheet and other
- Total assets, start of year
- $1,457,645
- Total assets, end of year
- $1,498,054
- Total liabilities, end of year
- $549,220
- Net assets, end of year
- $948,834
- Land, buildings and equipment
- $822,968
- Net assets without donor restrictions
- $948,834
- Gross receipts
- $647,173
- Employees
- 3
- Year formed
- 1967
- 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 |
|---|---|---|---|
| RICKY BUNCH | President Trustee or director, Officer | 0 | $0 |
| GERALD GARNER | Director Trustee or director | 0 | $0 |
| HUGH PETTIGREW JR | Director Trustee or director | 0 | $0 |
| CHUCK VITITOW | Secretary Trustee or director, Officer | 0 | $0 |
| TOM YOUNG | Director Trustee or director | 0 | $0 |
| TONY SCHWENKE | Director Trustee or director | 0 | $0 |
| SCOTTY STEWART | Vice President Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICKY BUNCH | President Trustee or director, Officer | 0 | $0 |
| GERALD GARNER | Vice President Trustee or director, Officer | 0 | $0 |
| HUGH PETTIGREW JR | Director Trustee or director | 0 | $0 |
| CHUCK VITITOW | Secretary Trustee or director, Officer | 0 | $0 |
| TOM YOUNG | Director Trustee or director | 0 | $0 |
| MICKEY BARKER | Director Trustee or director | 0 | $0 |
| SCOTTY STEWART | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICKY BUNCH | President Trustee or director, Officer | 0 | $0 |
| GERALD GARNER | Vice President Trustee or director, Officer | 0 | $0 |
| HUGH PETTIGREW JR | Director Trustee or director | 0 | $0 |
| CHUCK VITITOW | Secretary Trustee or director, Officer | 0 | $0 |
| TOM YOUNG | Director Trustee or director | 0 | $0 |
| MICKEY BARKER | Director Trustee or director | 0 | $0 |
| SCOTTY STEWART | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 36, BRASHEAR, TX 75420-0036
- Principal officer (990 for 2025)
- RICKY BUNCH, PO BOX 36, BRASHEAR, TX 75420
- Signed the 990
- RICKY BUNCH, President
- Phone
- (903) 582-2670
- Website
- WWW.BRASHEARWSC.COM
- Return prepared by
- MCCLANAHAN & HOLMES
Mission
TO PROVIDE WATER TO THE UNINCORPORATED COMMUNITY OF BRASHEAR, TEXAS.
Program accomplishments
- WATER SYSTEM EXPENSESExpenses $537,655 · revenue $598,778
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
- 75-1968469
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,498,054
- Income (IRS master file)
- $647,173
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $647,173 | $614,963 | $1,498,054 | XML |
| 990 | December 2024 | $523,029 | $505,737 | $1,457,645 | XML |
| 990 | December 2023 | $464,103 | $522,537 | $1,485,160 | XML |
| 990 | December 2022 | $433,251 | $514,272 | $1,528,621 | 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 75-1968469).
Questions about BRASHEAR WATER SUPPLY CORP
- What is the EIN of BRASHEAR WATER SUPPLY CORP?
- The employer identification number (EIN) of BRASHEAR WATER SUPPLY CORP is 75-1968469.
- Is BRASHEAR WATER SUPPLY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1997.
- Are donations to BRASHEAR WATER SUPPLY CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BRASHEAR WATER SUPPLY CORP 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 BRASHEAR WATER SUPPLY CORP 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 BRASHEAR WATER SUPPLY CORP 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 BRASHEAR WATER SUPPLY CORP?
- The 990 for the year ended December 31, 2025 names RICKY BUNCH.
- Who are the officers and directors of BRASHEAR WATER SUPPLY CORP?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does BRASHEAR WATER SUPPLY CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $647,173, expenses of $614,963 and total assets of $1,498,054 at year end.
Other nonprofits in BRASHEAR
- PATHWAY LIFE MINISTRIES EIN 92-1690734 · last filed 990-N for 2025