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Payne Springs Water Supply Corporation

  • Mabank, TX
  • Tax-exempt since June 1972
  • EIN: 75-1367969

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
$588k (2024)

Expenses
$393k (2024)

Total Assets
$2.05M (2024)

Total Liabilities
$881k (2024)

Source: Form 990 tax filings from 2013 to 2024

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.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$588,261
Expenses
$393,250
Net Income
$195,011
Net Assets
$1,171,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $586,811
99.8%
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 $1,450
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $114,133
29.0%
Assets/Debt
Total Assets $2,052,411
Total Liabilities $880,959
Net Assets $1,171,452
Club or Co-Op Income
Income From Members $588,184
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Roland Carson (Director) $0 $0 $0
Carl Powell (President) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Rod Whiddon (Secretary/Tr) $0 $0 $0
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Document Links

990
Filed on Sept. 24, 2025

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

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$541,224
Expenses
$357,019
Net Income
$184,205
Net Assets
$976,441
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $533,836
98.6%
Investment Income $116
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,272
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $109,791
30.8%
Assets/Debt
Total Assets $1,894,362
Total Liabilities $917,921
Net Assets $976,441
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Roland Carson (Director) $0 $0 $0
Carl Powell (President) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Rod Whiddon (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 9, 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
$435,116
Expenses
$364,113
Net Income
$71,003
Net Assets
$792,236
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $432,195
99.3%
Investment Income $55
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,866
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $107,141
29.4%
Assets/Debt
Total Assets $1,743,591
Total Liabilities $951,355
Net Assets $792,236
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Roland Carson (Director) $0 $0 $0
Carl Powell (President) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Rod Whiddon (Secretary/Tr) $0 $0 $0
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Document Links

990
Filed on July 19, 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
$439,265
Expenses
$452,679
Net Income
-$13,414
Net Assets
$721,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $422,248
96.1%
Investment Income $41
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,976
3.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $134,593
29.7%
Assets/Debt
Total Assets $1,705,628
Total Liabilities $984,395
Net Assets $721,233
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Roland Carson (Director) $0 $0 $0
Carl Powell (President) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Rod Whiddon (Secretary/Tr) $0 $0 $0
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Document Links

990
Filed on Nov. 10, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$378,170
Expenses
$383,568
Net Income
-$5,398
Net Assets
$734,647
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $378,106
100.0%
Investment Income $64
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $158,062
41.2%
Assets/Debt
Total Assets $1,584,760
Total Liabilities $850,113
Net Assets $734,647
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Roland Carson (Director) $0 $0 $0
Carl Powell (President) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Rod Whiddon (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 9, 2021

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$324,725
Expenses
$390,074
Net Income
-$65,349
Net Assets
$740,045
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $324,145
99.8%
Investment Income $580
0.2%
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 $141,757
36.3%
Assets/Debt
Total Assets $1,257,522
Total Liabilities $517,477
Net Assets $740,045
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Dink Carson (Director) $0 $0 $0
Carl Powell (President) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Rod Whiddon (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2020

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

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$290,823
Expenses
$321,699
Net Income
-$30,876
Net Assets
$805,394
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $290,227
99.8%
Investment Income $596
0.2%
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 $119,376
37.1%
Assets/Debt
Total Assets $1,334,687
Total Liabilities $529,293
Net Assets $805,394
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Dink Carson (President) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Carl Powell (Secretary/ T) $0 $0 $0
Rod Whiddon (Director) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
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Document Links

990
Filed on Oct. 30, 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
$269,084
Expenses
$289,290
Net Income
-$20,206
Net Assets
$836,270
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $268,689
99.9%
Investment Income $395
0.1%
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 $119,849
41.4%
Assets/Debt
Total Assets $1,379,898
Total Liabilities $543,628
Net Assets $836,270
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Dink Carson (President) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Carl Powell (Secretary/ T) $0 $0 $0
Rod Whiddon (Director) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
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Document Links

990
Filed on Sept. 7, 2018

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

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$274,954
Expenses
$288,180
Net Income
-$13,226
Net Assets
$856,476
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $259,909
94.5%
Investment Income $298
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $250
0.1%
Net Inventory Sales $0
Other Revenue $14,497
5.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $114,982
39.9%
Assets/Debt
Total Assets $1,408,337
Total Liabilities $551,861
Net Assets $856,476
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Dink Carson (President) $0 $0 $0
Harry Riddle (Vice Preside) $0 $0 $0
Carl Powell (Secretary/ T) $0 $0 $0
Rod Whiddon (Director) $0 $0 $0
Dan Reynolds (Director) $0 $0 $0
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Document Links

990
Filed on Aug. 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
$249,544
Expenses
$277,827
Net Income
-$28,283
Net Assets
$869,702
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,275
2.1%
Program Services $0
Investment Income $244
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,162
1.3%
Net Inventory Sales $240,863
96.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $116,380
41.9%
Assets/Debt
Total Assets $1,441,262
Total Liabilities $571,560
Net Assets $869,702
Club or Co-Op Income
Income From Members $241,107
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Dink Carson (President) $0 $0 $0
Keith Haynes (Director) $0 $0 $0
Harry Riddle Vp (Vp) $0 $0 $0
Carl Powell (Sec/Treasurer) $0 $0 $0
Rodney Whiddon (Director) $0 $0 $0
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990
Filed on Aug. 14, 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
$268,161
Expenses
$262,277
Net Income
$5,884
Net Assets
$897,700
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $253
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $267,908
99.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $99,396
37.9%
Assets/Debt
Total Assets $1,471,139
Total Liabilities $573,439
Net Assets $897,700
Club or Co-Op Income
Income From Members $267,908
Income From Other Sources $253
Compensation
Key Employees and Officers Compensation Related Other
Dink Carson (President) $0 $0 $0
Keith Haynes (Director) $0 $0 $0
Harry Riddle (Vp) $0 $0 $0
Carl Powell (Sec/Treasurer) $0 $0 $0
Rodney Whiddon (Director) $0 $0 $0
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Document Links

990
Filed on July 19, 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
$274,529
Expenses
$257,778
Net Income
$16,751
Net Assets
$890,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $252
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $274,277
99.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $93,352
36.2%
Assets/Debt
Total Assets $1,471,599
Total Liabilities $580,868
Net Assets $890,731
Club or Co-Op Income
Income From Members $274,277
Income From Other Sources $252
Compensation
Key Employees and Officers Compensation Related Other
Dink Carson (President) $0 $0 $0
Keith Haynes (Director) $0 $0 $0
James Holmes (Sec/Treas) $0 $0 $0
Carl Powell (Vp) $0 $0 $0
Tommy Fore (Director) $0 $0 $0
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990
Filed on Aug. 10, 2014

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

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.
2011

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.
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-EZ

Short form 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

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.

API

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

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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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