Nonprofit · EIN 76-0364132
WALNUT COVE WATER SUPPLY CORPORATION
Tax-exempt · WILLIS, TX 77378
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,015,568 | $774,877 | $240,691 | $1,762,072 | $230,795 | $1,531,277 |
| December 31, 2023 | 990 | $1,016,062 | $753,863 | $262,199 | $1,517,980 | $227,394 | $1,290,586 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,012,366
- Investment income
- $3,202
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $13,480
- Accounting fees
- $26,268
- Depreciation
- $59,444
- Program services (functional)
- $774,877
Balance sheet and other
- Total assets, start of year
- $1,517,980
- Total assets, end of year
- $1,762,072
- Total liabilities, end of year
- $230,795
- Net assets, end of year
- $1,531,277
- Land, buildings and equipment
- $1,091,791
- Gross receipts
- $1,015,568
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1993
- 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 |
|---|---|---|---|
| MICHELLE TORRES | DIRECTOR Trustee or director | 1 | $0 |
| ARTHUR BUCKNER | PRESIDENT Officer | 1 | $0 |
| DANIEL BONNETTE | VP Officer | 1 | $0 |
| LORI RIDGE | SECRETARY/TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE TORRES | DIRECTOR Trustee or director | 1 | $0 |
| ARTHUR BUCKNER | PRESIDENT Officer | 1 | $0 |
| DANIEL BONNETTE | VP Officer | 1 | $0 |
| LORI RIDGE | SECRETARY/TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 187, WILLIS, TX 77378-0187
- Principal officer (990 for 2024)
- ARTHUR BUCKNER, PO BOX 187, WILLIS, TX 77378
- Signed the 990
- ARTHUR BUCKNER, PRESIDENT
- Phone
- (936) 856-4199
- Return prepared by
- CRI ADVISORS LLC
Mission
PROVIDE HOMEOWNERS WITH WATER AND SEWER SERVICES
Program accomplishments
- PROVIDE HOMEOWNERS WITH WATER AND SEWER SERVICES.Expenses $774,877
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
- 76-0364132
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,762,072
- Income (IRS master file)
- $1,015,568
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,015,568 | $774,877 | $1,762,072 | XML |
| 990 | December 2023 | $1,016,062 | $753,863 | $1,517,980 | XML |
| 990 | December 2022 | $1,078,721 | $689,253 | $1,282,276 | 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 76-0364132).
Questions about WALNUT COVE WATER SUPPLY CORPORATION
- What is the EIN of WALNUT COVE WATER SUPPLY CORPORATION?
- The employer identification number (EIN) of WALNUT COVE WATER SUPPLY CORPORATION is 76-0364132.
- Is WALNUT COVE WATER SUPPLY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1995.
- Are donations to WALNUT COVE WATER SUPPLY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WALNUT COVE 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 WALNUT COVE 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 WALNUT COVE 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 is the principal officer of WALNUT COVE WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 names ARTHUR BUCKNER.
- Who are the officers and directors of WALNUT COVE WATER SUPPLY CORPORATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does WALNUT COVE WATER SUPPLY CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,015,568, expenses of $774,877 and total assets of $1,762,072 at year end.
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