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Pennington Water Supply Corporation

Jack Clements

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
$817k (2023)

Expenses
$536k (2023)

Total Assets
$1.76M (2023)

Total Liabilities
$119k (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
$817,269
Expenses
$535,962
Net Income
$281,307
Net Assets
$1,639,488
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $667,380
81.7%
Investment Income $11,559
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $138,330
16.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $53,162
9.9%
Assets/Debt
Total Assets $1,758,757
Total Liabilities $119,269
Net Assets $1,639,488
Club or Co-Op Income
Income From Members $667,380
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Wade Ray (President) $0 $0 $0
Charles Anthony Lowery (Vice President) $0 $0 $0
Jack Clements (Secretary/Treasurer) $0 $0 $0
R E Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
James Scroggins (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
Mark Luce (Director) $0 $0 $0
Calvin Holmes (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$681,563
Expenses
$586,557
Net Income
$95,006
Net Assets
$1,358,181
Notable Sources of Revenue Percent of Total Revenue
Contributions $49,000
7.2%
Program Services $625,571
91.8%
Investment Income $6,992
1.0%
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 $47,243
8.1%
Assets/Debt
Total Assets $1,474,435
Total Liabilities $116,254
Net Assets $1,358,181
Club or Co-Op Income
Income From Members $625,571
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Wade Ray (President) $0 $0 $0
Wh Wagner (Vice President) $0 $0 $0
Jack Clements (Secretary/Treasurer) $0 $0 $0
R E Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
James Scroggins (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Anthony Lowery (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$540,614
Expenses
$431,959
Net Income
$108,655
Net Assets
$1,263,175
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $532,110
98.4%
Investment Income $8,504
1.6%
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 $37,878
8.8%
Assets/Debt
Total Assets $1,377,578
Total Liabilities $114,403
Net Assets $1,263,175
Club or Co-Op Income
Income From Members $532,110
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Wade Ray (President) $0 $0 $0
Wh Wagner (Vice President) $0 $0 $0
Jack Clements (Secretary/Treasurer) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
James Scroggins (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Charles Lowrey (Director) $0 $0 $0

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Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$451,826
Expenses
$379,267
Net Income
$72,559
Net Assets
$1,154,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $445,505
98.6%
Investment Income $6,321
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $37,340
9.8%
Assets/Debt
Total Assets $1,263,785
Total Liabilities $109,265
Net Assets $1,154,520
Club or Co-Op Income
Income From Members $445,505
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Wade Ray (President) $0 $0 $0
Wh Wagner (Vice President) $0 $0 $0
Jack Clements (Secretary/Treasurer) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
James Scroggins (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Charles Lowrey (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$421,872
Expenses
$373,416
Net Income
$48,456
Net Assets
$1,081,961
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $416,001
98.6%
Investment Income $5,871
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $35,770
9.6%
Assets/Debt
Total Assets $1,187,479
Total Liabilities $105,518
Net Assets $1,081,961
Club or Co-Op Income
Income From Members $416,001
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Wade Ray (President) $0 $0 $0
Wh Wagner (Vice President) $0 $0 $0
Jack Clements (Secretary/Treasurer) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
James Scroggins (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Charles Lowrey (Director) $0 $0 $0

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Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$405,778
Expenses
$388,610
Net Income
$17,168
Net Assets
$1,033,508
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $401,480
98.9%
Investment Income $4,298
1.1%
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 $33,000
8.5%
Assets/Debt
Total Assets $1,137,020
Total Liabilities $103,512
Net Assets $1,033,508
Club or Co-Op Income
Income From Members $401,481
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Wade Ray (President) $0 $0 $0
Wh Wagner (Vice President) $0 $0 $0
Jack Clements (Secretary/Treasurer) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
James Scroggins (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Charles Lowrey (Director) $0 $0 $0

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Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$377,111
Expenses
$387,264
Net Income
-$10,153
Net Assets
$1,016,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $372,438
98.8%
Investment Income $4,673
1.2%
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 $33,000
8.5%
Assets/Debt
Total Assets $1,124,223
Total Liabilities $107,883
Net Assets $1,016,340
Club or Co-Op Income
Income From Members $372,438
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Charles A Lowery (President) $0 $0 $0
Wade Ray (Vice President) $0 $0 $0
Wh Wagner (Secretary/Treasurer) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
James Scroggins (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Jack Clements (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$381,304
Expenses
$386,957
Net Income
-$5,653
Net Assets
$1,026,493
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $376,415
98.7%
Investment Income $4,889
1.3%
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 $33,000
8.5%
Assets/Debt
Total Assets $1,132,427
Total Liabilities $105,934
Net Assets $1,026,493
Club or Co-Op Income
Income From Members $376,415
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Charles A Lowery (President) $0 $0 $0
Wade Ray (Vice President) $0 $0 $0
Wh Wagner (Secretary/Treasurer) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
James Scroggins (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Jack Clements (Director) $0 $0 $0

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Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$325,909
Expenses
$322,149
Net Income
$3,760
Net Assets
$1,032,146
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $321,451
98.6%
Investment Income $4,458
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,250
9.1%
Assets/Debt
Total Assets $1,133,029
Total Liabilities $100,883
Net Assets $1,032,146
Club or Co-Op Income
Income From Members $321,451
Income From Other Sources $4,458
Compensation
Key Employees and Officers Compensation Related Other
Charles A Lowery (President) $0 $0 $0
Wade Ray (Vice President) $0 $0 $0
Maudie Mc Laughlin (Secretary/Treasurer) $0 $0 $0
Wh Wagner (Director) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
Carrell Norsworthy (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Jack Clements (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$304,299
Expenses
$302,157
Net Income
$2,142
Net Assets
$1,028,386
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $301,713
99.2%
Investment Income $2,586
0.8%
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 $27,000
8.9%
Assets/Debt
Total Assets $1,125,828
Total Liabilities $97,442
Net Assets $1,028,386
Club or Co-Op Income
Income From Members $301,713
Income From Other Sources $2,586
Compensation
Key Employees and Officers Compensation Related Other
Charles A Lowery (President) $0 $0 $0
Wade Ray (Vice President) $0 $0 $0
Maudie Mc Laughlin (Secretary/Treasurer) $0 $0 $0
Wh Wagner (Director) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Lia Martin (Director) $0 $0 $0
Carrell Norsworthy (Director) $0 $0 $0
Russell Hill (Director) $0 $0 $0
John Thompson (Director) $0 $0 $0
Jack Clements (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$317,593
Expenses
$307,041
Net Income
$10,552
Net Assets
$1,026,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $315,330
99.3%
Investment Income $2,263
0.7%
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 $27,476
8.9%
Assets/Debt
Total Assets $1,122,839
Total Liabilities $96,595
Net Assets $1,026,244
Club or Co-Op Income
Income From Members $315,330
Income From Other Sources $2,264
Compensation
Key Employees and Officers Compensation Related Other
Charles A Lowery (President) $0 $0 $0
Wade Ray (Vice President) $0 $0 $0
Maudie Mc Laughlin (Secretary/Treasurer) $0 $0 $0
Wh Wagner (Director) $0 $0 $0
Re Westbrook (Director) $0 $0 $0
Ricardo Masters (Director) $0 $0 $0
Carrell Norsworthy (Director) $0 $0 $0
Danny Gilbert (Director) $0 $0 $0
Johnny Thompson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$328,775
Expenses
$292,346
Net Income
$36,429
Net Assets
$1,015,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $325,985
99.2%
Investment Income $2,790
0.8%
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 $35,144
12.0%
Assets/Debt
Total Assets $1,110,635
Total Liabilities $94,808
Net Assets $1,015,827
Club or Co-Op Income
Income From Members $325,985
Income From Other Sources $2,790

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$353,733
Expenses
$354,383
Net Income
-$650
Net Assets
$979,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $350,184
99.0%
Investment Income $3,549
1.0%
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 $44,206
12.5%
Assets/Debt
Total Assets $1,071,348
Total Liabilities $91,950
Net Assets $979,398
Club or Co-Op Income
Income From Members $350,184
Income From Other Sources $3,549

Document Links

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

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

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

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

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

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

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

About 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.

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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 »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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