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Madera Valley Water Supply Corporation

  • Verhalen, TX
  • Tax-exempt since March 1972
  • EIN: 74-1656362

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$905k (2023)

Expenses
$1.13M (2023)

Total Assets
$3.99M (2023)

Total Liabilities
$88.5k (2023)

Source: Form 990 tax filings from 2011 to 2023

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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$904,562
Expenses
$1,131,795
Net Income
-$227,233
Net Assets
$3,901,276
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $864,163
95.5%
Investment Income $40,399
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $81,700
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $275,865
24.4%
Assets/Debt
Total Assets $3,989,812
Total Liabilities $88,536
Net Assets $3,901,276
Club or Co-Op Income
Income From Members $864,163
Income From Other Sources $40,399
Compensation
Key Employees and Officers Compensation Related Other
Craig Huelster (General Manager) $81,700 $0 $24,615
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Steve Koehn (Secretary) $0 $0 $0
Ashley Giesbrecht (Director) $0 $0 $0
Sharon Oates (Director) $0 $0 $0
Richard Sokol (Director) $0 $0 $0
Scott Holdeman (Director) $0 $0 $0
Greg Unruh (Director) $0 $0 $0
Cw Roberts (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 2024

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

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$818,758
Expenses
$1,032,106
Net Income
-$213,348
Net Assets
$4,128,509
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $807,222
98.6%
Investment Income $11,536
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $81,200
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $238,058
23.1%
Assets/Debt
Total Assets $4,196,294
Total Liabilities $67,785
Net Assets $4,128,509
Club or Co-Op Income
Income From Members $807,222
Income From Other Sources $11,536
Compensation
Key Employees and Officers Compensation Related Other
Craig Huelster (General Manager) $81,200 $0 $24,590
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Steve Koehn (Secretary) $0 $0 $0
Ashley Giesbrecht (Director) $0 $0 $0
Sharon Oates (Director) $0 $0 $0
Richard Sokol (Director) $0 $0 $0
Scott Holdeman (Director) $0 $0 $0
Greg Unruh (Director) $0 $0 $0
Cw Roberts (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$805,396
Expenses
$888,943
Net Income
-$83,547
Net Assets
$4,341,857
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $805,146
100.0%
Investment Income $250
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $81,150
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $230,493
25.9%
Assets/Debt
Total Assets $4,396,373
Total Liabilities $54,516
Net Assets $4,341,857
Club or Co-Op Income
Income From Members $805,146
Income From Other Sources $250
Compensation
Key Employees and Officers Compensation Related Other
Craig Huelster (General Manager) $81,150 $0 $23,309
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Steve Koehn (Secretary) $0 $0 $0
Ashley Giesbrecht (Director) $0 $0 $0
Sharon Oates (Director) $0 $0 $0
Scott Holdeman (Director) $0 $0 $0
Michael Lee (Director) $0 $0 $0
Cw Roberts (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 9, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$864,323
Expenses
$855,064
Net Income
$9,259
Net Assets
$4,425,438
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $840,802
97.3%
Investment Income $2,892
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,629
2.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $119,995
14.0%
Professional Fundraising Fees $0
Other Salaries and Wages $171,362
20.0%
Assets/Debt
Total Assets $4,492,049
Total Liabilities $66,611
Net Assets $4,425,438
Club or Co-Op Income
Income From Members $840,802
Income From Other Sources $42,994
Compensation
Key Employees and Officers Compensation Related Other
Craig Huelster (General Manager) $79,073 $0 $21,108
Terry Gilchrest (General Manager) $40,922 $0 $4,638
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Steve Koehn (Secretary) $0 $0 $0
Ashley Giesbrecht (Director) $0 $0 $0
Sharon Oates (Director) $0 $0 $0
Elia Estrada (Director) $0 $0 $0
Scott Holdeman (Director) $0 $0 $0
Michael Lee (Director) $0 $0 $0
Cw Roberts (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 28, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,162,776
Expenses
$1,089,009
Net Income
$1,073,767
Net Assets
$4,439,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,162,776
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $329,080
30.2%
Assets/Debt
Total Assets $4,485,662
Total Liabilities $45,856
Net Assets $4,439,806
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,370,757
Expenses
$981,201
Net Income
$389,556
Net Assets
$3,234,591
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $906,822
66.2%
Investment Income $1,811
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $462,124
33.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $85,040
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $210,267
21.4%
Assets/Debt
Total Assets $3,650,888
Total Liabilities $416,297
Net Assets $3,234,591
Club or Co-Op Income
Income From Members $906,822
Income From Other Sources $463,935
Compensation
Key Employees and Officers Compensation Related Other
Terry Gilchrest (General Manager) $85,040 $0 $0
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Steve Koehn (Secretary) $0 $0 $0
C W Roberts (Board) $0 $0 $0
Elia Estrada (Board) $0 $0 $0
John Clark (Board) $0 $0 $0
John Cole Armstrong (Board) $0 $0 $0
Michael Lee (Board) $0 $0 $0
J C White (Board) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2019

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$890,165
Expenses
$753,016
Net Income
$137,149
Net Assets
$2,845,035
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $756,223
85.0%
Investment Income $653
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $133,289
15.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,000
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $151,097
20.1%
Assets/Debt
Total Assets $3,268,642
Total Liabilities $423,607
Net Assets $2,845,035
Club or Co-Op Income
Income From Members $756,223
Income From Other Sources $133,942
Compensation
Key Employees and Officers Compensation Related Other
Terry Gilchrest (General Manager) $80,865 $0 $0
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Bob Bagley (Secretary) $0 $0 $0
Jc White (Board) $0 $0 $0
Elia Estrada (Board) $0 $0 $0
John Clark (Board) $0 $0 $0
John Cole Armstrong (Board) $0 $0 $0
Steve Koehn (Board) $0 $0 $0
Michael Lee (Board) $0 $0 $0
+ View more people

Document Links

990
Filed on May 5, 2018

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$760,297
Expenses
$718,135
Net Income
$42,162
Net Assets
$2,709,372
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $682,390
89.8%
Investment Income $643
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $77,264
10.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $76,668
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $148,432
20.7%
Assets/Debt
Total Assets $3,120,494
Total Liabilities $411,122
Net Assets $2,709,372
Club or Co-Op Income
Income From Members $682,390
Income From Other Sources $77,907
Compensation
Key Employees and Officers Compensation Related Other
Terry Gilchrest (General Manager) $76,668 $0 $0
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Bob Bagley (Secretary) $0 $0 $0
Jc White (Board) $0 $0 $0
Elia Estrada (Board) $0 $0 $0
John Clark (Board) $0 $0 $0
John Cole Armstrong (Board) $0 $0 $0
Steve Koehn (Board) $0 $0 $0
+ View more people

Document Links

990
Filed on June 28, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$818,570
Expenses
$860,894
Net Income
-$42,324
Net Assets
$2,667,531
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $627,514
76.7%
Investment Income $592
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,088
0.3%
Net Inventory Sales $0
Other Revenue $188,376
23.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $71,046
8.3%
Professional Fundraising Fees $0
Other Salaries and Wages $124,082
14.4%
Assets/Debt
Total Assets $3,107,981
Total Liabilities $440,450
Net Assets $2,667,531
Club or Co-Op Income
Income From Members $627,514
Income From Other Sources $191,056
Compensation
Key Employees and Officers Compensation Related Other
Terry Gilchrest (General Manager) $71,046 $0 $0
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Bob Bagley (Secretary) $0 $0 $0
Jc White (Board) $0 $0 $0
Elia Estrada (Board) $0 $0 $0
John Clark (Board) $0 $0 $0
Michael Lee (Board) $0 $0 $0
Steve Koehn (Board) $0 $0 $0
Charlie Stanford (Board) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 12, 2016

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$957,076
Expenses
$611,520
Net Income
$345,556
Net Assets
$2,709,855
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $618,391
64.6%
Investment Income $281
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $338,404
35.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $63,058
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $120,294
19.7%
Assets/Debt
Total Assets $3,147,551
Total Liabilities $437,696
Net Assets $2,709,855
Club or Co-Op Income
Income From Members $618,391
Income From Other Sources $338,685
Compensation
Key Employees and Officers Compensation Related Other
Terry Gilchrest (General Manager) $63,058 $0 $0
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Clay Lee (Secretary) $0 $0 $0
Jc White (Board) $0 $0 $0
Elia Estrada (Board) $0 $0 $0
John Clark (Board) $0 $0 $0
Bob Bagley (Board) $0 $0 $0
Tim Flanagan (Board) $0 $0 $0
Charlie Stanford (Board) $0 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2015

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$657,380
Expenses
$624,754
Net Income
$32,626
Net Assets
$2,364,300
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,160
0.3%
Program Services $575,836
87.6%
Investment Income $27
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $79,357
12.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $56,408
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $107,550
17.2%
Assets/Debt
Total Assets $2,809,706
Total Liabilities $445,406
Net Assets $2,364,300
Club or Co-Op Income
Income From Members $577,996
Income From Other Sources $79,384
Compensation
Key Employees and Officers Compensation Related Other
Terry Gilchrest (General Manager) $56,408 $0 $0
Meg Timmerman (President) $0 $0 $0
Jamie Weatherman (Vice President) $0 $0 $0
Clay Lee (Secretary) $0 $0 $0
Jc White (Board) $0 $0 $0
Elia Estrada (Board) $0 $0 $0
John Clark (Board) $0 $0 $0
Bob Bagley (Board) $0 $0 $0
Tim Flanagan (Board) $0 $0 $0
Charlie Stanford (Board) $0 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2014

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$576,633
Expenses
$618,297
Net Income
-$41,664
Net Assets
$2,331,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $576,385
100.0%
Investment Income $248
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $54,833
8.9%
Professional Fundraising Fees $0
Other Salaries and Wages $98,435
15.9%
Assets/Debt
Total Assets $2,781,664
Total Liabilities $449,763
Net Assets $2,331,901
Club or Co-Op Income
Income From Members $573,985
Income From Other Sources $248

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$593,904
Expenses
$565,269
Net Income
$28,635
Net Assets
$2,023,565
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,297
2.6%
Program Services $578,351
97.4%
Investment Income $256
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,608
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $86,569
15.3%
Assets/Debt
Total Assets $2,484,019
Total Liabilities $460,454
Net Assets $2,023,565
Club or Co-Op Income
Income From Members $577,351
Income From Other Sources $256

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

About This Data

What Is This Data?

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.

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About Nonprofit Explorer

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.

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