Reed Water Corporation

Mangum, OK
Tax-exempt since Nov. 1972
EIN: 73-0931681

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$272k (2025)

Expenses

$236k (2025)

Total Assets

$134k (2025)

Total Liabilities

$0 (2025)

Source: Form 990 tax filings from 2014 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2025

Revenue

$272,285

Expenses

$235,634

Net Income

$36,651

Net Assets

$134,447

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$576	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$271,709	99.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$134,447
Total Liabilities	$0
Net Assets	$134,447

Club or Co-Op Income
Income From Members	$271,709
Income From Other Sources	$576

Compensation

Key Employees and Officers	Compensation	Related	Other
Jay Baker (Director)	$0	$0	$0
Carl Bogart (Director)	$0	$0	$0
Robert Peeler (President)	$0	$0	$0
Darren Jones (Director)	$0	$0	$0

+ View more people

990

Filed on Sept. 16, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2024

Revenue

$126,141

Expenses

$168,272

Net Income

-$42,131

Net Assets

$97,796

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$999	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$125,142	99.2%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$97,796
Total Liabilities	$0
Net Assets	$97,796

Club or Co-Op Income
Income From Members	$225,708
Income From Other Sources	$999

Compensation

Key Employees and Officers	Compensation	Related	Other
Jay Baker (Director)	$0	$0	$0
Robert Peeler (President)	$0	$0	$0
Linda Skaggs (Director)	$0	$0	$0
Darren Jones (Director)	$0	$0	$0

+ View more people

990

Filed on Sept. 23, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2023

Revenue

$107,538

Expenses

$127,851

Net Income

-$20,313

Net Assets

$139,926

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$378	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$107,160	99.6%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$139,926
Total Liabilities	$0
Net Assets	$139,926

Club or Co-Op Income
Income From Members	$204,649
Income From Other Sources	$378

Compensation

Key Employees and Officers	Compensation	Related	Other
Jay Baker (Director)	$0	$0	$0
Robert Peeler (President)	$0	$0	$0
Linda Skaggs (Director)	$0	$0	$0
Darren Jones (Director)	$0	$0	$0

+ View more people

990

Filed on Aug. 31, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2022

Revenue

$102,784

Expenses

$89,941

Net Income

$12,843

Net Assets

$160,240

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$104	0.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$102,680	99.9%
Other Revenue	$0

Assets/Debt
Total Assets	$160,240
Total Liabilities	$0
Net Assets	$160,240

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Other
Darren Jones (Chairman)	$0	$0
Robert Peeler (Director)	$0	$0
Jay Baker (Director)	$0	$0

990-EZ

Filed on Sept. 22, 2022

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$102,162

Expenses

$90,826

Net Income

$11,336

Net Assets

$147,396

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$682	0.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$101,480	99.3%
Other Revenue	$0

Assets/Debt
Total Assets	$147,396
Total Liabilities	$0
Net Assets	$147,396

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Other
George Terry (Chairman)	$0	$0
Darren Jones (Vice Chair)	$0	$0
Glynadee Edwards (Sec/Treasure)	$0	$0
Brad Sherrill (Director)	$0	$0
Robert Peeler (Director)	$0	$0

+ View more people

990-EZ

Filed on Jan. 5, 2022

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2020

Revenue

$111,048

Expenses

$75,635

Net Income

$35,413

Net Assets

$136,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$977	0.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$110,071	99.1%
Other Revenue	$0

Assets/Debt
Total Assets	$152,060
Total Liabilities	$16,001
Net Assets	$136,059

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Other
George Terry (Chairman)	$0	$0
Darren Jones (Vice Chair)	$0	$0
Glynadee Edwards (Sec/Treasure)	$0	$0
Brad Sherrill (Director)	$0	$0
Robert Peeler (Director)	$0	$0

+ View more people

990-EZ

Filed on Sept. 17, 2020

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2019

Revenue

$96,378

Expenses

$131,999

Net Income

-$35,621

Net Assets

$100,646

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$696	0.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$95,682	99.3%
Other Revenue	$0

Assets/Debt
Total Assets	$100,646
Total Liabilities	$0
Net Assets	$100,646

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Revenue

$118,278

Expenses

$114,034

Net Income

$4,244

Net Assets

$136,266

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$502	0.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$117,776	99.6%
Other Revenue	$0

Assets/Debt
Total Assets	$136,266
Total Liabilities	$0
Net Assets	$136,266

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2017

Revenue

$108,555

Expenses

$72,743

Net Income

$35,812

Net Assets

$132,022

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$275	0.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$108,280	99.7%
Other Revenue	$0

Assets/Debt
Total Assets	$132,022
Total Liabilities	$0
Net Assets	$132,022

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Revenue

$77,743

Expenses

$92,461

Net Income

-$14,718

Net Assets

$96,210

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$249	0.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$77,494	99.7%
Other Revenue	$0

Assets/Debt
Total Assets	$96,210
Total Liabilities	$0
Net Assets	$96,210

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Revenue

$82,425

Expenses

$84,598

Net Income

-$2,173

Net Assets

$110,928

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$236	0.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$82,189	99.7%
Other Revenue	$0

Assets/Debt
Total Assets	$110,928
Total Liabilities	$0
Net Assets	$110,928

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Revenue

$76,891

Expenses

$96,439

Net Income

-$19,548

Net Assets

$113,101

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$378	0.5%
Net Fundraising	$0
Sales of Assets	$75,013	97.6%
Net Inventory Sales	$0
Other Revenue	$0

Assets/Debt
Total Assets	$113,101
Total Liabilities	$0
Net Assets	$113,101

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 22, 2025

Reed Water Corporation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $272k (2025)

Expenses $236k (2025)

Total Assets $134k (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending June 2025

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from 990-EZ

Compensation

Document Links

990-EZ

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from 990-EZ

Compensation

Document Links

990-EZ

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from 990-EZ

Compensation

Document Links

990-EZ

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from 990-EZ

Document Links

990-EZ

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from 990-EZ

No Document Links

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from 990-EZ

Document Links

990-EZ

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from 990-EZ

Document Links

990-EZ

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from 990-EZ

Document Links

990-EZ

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from 990-EZ

Document Links

990-EZ

Fiscal Year Ending June 2013

No Extracted Financial Data

Document Links

990-EZ

Fiscal Year Ending June 2012

No Extracted Financial Data

Revenue

$272k (2025)

Expenses

$236k (2025)

Total Assets

$134k (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending June
2025

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005