Ira Water Supply Corporation

Ira, TX
Tax-exempt since Oct. 1973
EIN: 75-1228645

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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

$179k (2022)

Expenses

$237k (2022)

Total Assets

$5.96M (2022)

Total Liabilities

$3.24M (2022)

Source: Form 990 tax filings from 2013 to 2022

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2022

Revenue

$179,038

Expenses

$237,006

Net Income

-$57,968

Net Assets

$2,713,065

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$28,280	15.8%
Program Services	$0
Investment Income	$265	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$150,493	84.1%
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	$5,955,682
Total Liabilities	$3,242,617
Net Assets	$2,713,065

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Trey Patrick (Sec / Treas)	$0	$0	$0
Bronc Fleming (Vice President)	$0	$0	$0
Darryl Calley (President)	$0	$0	$0
A C Carthel (Director)	$0	$0	$0
Sandy Watson (Director)	$0	$0	$0

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990

Filed on Nov. 16, 2023

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$1,924,204

Expenses

$43,296

Net Income

$1,880,908

Net Assets

$2,771,033

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,742,272	90.5%
Program Services	$0
Investment Income	$147	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$181,785	9.4%
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	$6,204,743
Total Liabilities	$3,433,710
Net Assets	$2,771,033

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Trey Patrick (Sec / Treas)	$0	$0	$0
Bronc Fleming (Vice President)	$0	$0	$0
Darryl Calley (President)	$0	$0	$0
A C Carthel (Director)	$0	$0	$0
Sandy Watson (Director)	$0	$0	$0

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990

Filed on Oct. 10, 2022

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

View Filing

Schedules ▼

PDF XML

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2020

Revenue

$608,246

Expenses

$43,160

Net Income

$565,086

Net Assets

$890,125

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$475,601	78.2%
Program Services	$0
Investment Income	$498	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$132,147	21.7%
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	$4,819,194
Total Liabilities	$3,929,069
Net Assets	$890,125

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Lynn Fuller (Vice President)	$0	$0	$0
Justin Rosson (Treasurer)	$0	$0	$0
Darryl Calley (President)	$0	$0	$0
A C Carthel (Director)	$0	$0	$0
Sandy Watson (Director)	$0	$0	$0

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990

Filed on Nov. 8, 2021

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

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Schedules ▼

XML

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2019

Revenue

$79,028

Expenses

$34,464

Net Income

$44,564

Net Assets

$325,039

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$16,600	21.0%
Program Services	$0
Investment Income	$946	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$61,482	77.8%
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	$641,174
Total Liabilities	$316,135
Net Assets	$325,039

Club or Co-Op Income
Income From Members	$255,999
Income From Other Sources	$946

Compensation

Key Employees and Officers	Compensation	Related	Other
Lynn Fuller (Vice President)	$0	$0	$0
Justin Rosson (Treasurer)	$0	$0	$0
Darryl Calley (President)	$0	$0	$0
A C Carthel (Director)	$0	$0	$0
Sandy Watson (Director)	$0	$0	$0

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990

Filed on Nov. 12, 2020

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

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Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$112,405

Expenses

$135,490

Net Income

-$23,085

Net Assets

$112,248

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$475	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$111,930	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	$112,248
Total Liabilities	$0
Net Assets	$112,248

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Lynn Fuller (Vice President)	$0	$0	$0
Justin Rosson (Treasurer)	$0	$0	$0
Darryl Calley (President)	$0	$0	$0
A C Carthel (Director)	$0	$0	$0
Sandy Watson (Director)	$0	$0	$0

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990

Filed on June 5, 2019

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

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2017

Revenue

$9,382

Expenses

$36,077

Net Income

-$26,695

Net Assets

$135,333

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$396	4.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$8,986	95.8%
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	$135,333
Total Liabilities	$0
Net Assets	$135,333

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Lynn Fuller (Vice President)	$0	$0	$0
Justin Rosson (Treasurer)	$0	$0	$0
Darryl Calley (President)	$0	$0	$0
A C Carthel (Director)	$0	$0	$0
Sandy Watson (Director)	$0	$0	$0

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990

Filed on Nov. 13, 2018

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

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Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2016

Revenue

-$81,961

Expenses

$43,701

Net Income

-$125,662

Net Assets

$162,028

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$352
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$82,313
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	$162,028
Total Liabilities	$0
Net Assets	$162,028

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Kelley (Director)	$0	$0	$0
Jack Almquist (Director)	$0	$0	$0
David Koonce (President)	$0	$0	$0
Darryl Calley (Sec. / Treas.)	$0	$0	$0
Mike Wilkes (Vice President)	$0	$0	$0

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990

Filed on May 12, 2017

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

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$90,141

Expenses

$50,230

Net Income

$39,911

Net Assets

$287,690

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$348	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$89,793	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	$287,690
Total Liabilities	$0
Net Assets	$287,690

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Kelley (Director)	$0	$0	$0
Jack Almquist (Director)	$0	$0	$0
David Koonce (President)	$0	$0	$0
Darryl Calley (Sec. / Treas.)	$0	$0	$0
Mike Wilkes (Vice President)	$0	$0	$0

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990

Filed on Aug. 12, 2016

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

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Schedules ▼

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Fiscal Year Ending Dec.
2014

Revenue

$89,882

Expenses

$49,332

Net Income

$40,550

Net Assets

$247,779

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$152	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$89,730	99.8%
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	$247,779
Total Liabilities	$0
Net Assets	$247,779

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Kelley (Director)	$0	$0	$0
David Koonce (President)	$0	$0	$0
Darryl Calley (Sec. / Treas.)	$0	$0	$0
Jack Almquist (Director)	$0	$0	$0
Mike Wilkes (Vice President)	$0	$0	$0

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990

Filed on April 15, 2015

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

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$155,305

Expenses

$74,109

Net Income

$81,196

Net Assets

$207,229

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$116	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$155,189	99.9%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$38,540	52.0%

Assets/Debt
Total Assets	$207,229
Total Liabilities	$0
Net Assets	$207,229

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

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Kelley (Director)	$0	$0	$0
David Koonce (President)	$0	$0	$0
Darryl Calley (Sec. / Treas.)	$0	$0	$0
Jack Almquist (Director)	$0	$0	$0
Mike Wilkes (Vice President)	$0	$0	$0

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990

Filed on April 1, 2014

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

990

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

PDF

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.

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 »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
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 January 31, 2025

Ira Water Supply Corporation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $179k (2022)

Expenses $237k (2022)

Total Assets $5.96M (2022)

Total Liabilities $3.24M (2022)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

No Extracted Financial Data

Document Links

990-EZ

Fiscal Year Ending Dec. 2011

No Extracted Financial Data

Document Links

990-EZ

Fiscal Year Ending Dec. 2010

Revenue

$179k (2022)

Expenses

$237k (2022)

Total Assets

$5.96M (2022)

Total Liabilities

$3.24M (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
2001