Skip to content
ProPublica Donate
ProPublica Donate

Lake South Water Supply Corporation

  • Conroe, TX
  • Tax-exempt since July 2005
  • EIN: 76-0698075

Organization summary

Type of Nonprofit

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

Category: Environmental Quality, Protection and Beautification / Water Resource, Wetlands Conservation and Management (NTEE)

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$749k (2023)

Expenses
$495k (2023)

Total Assets
$1.1M (2023)

Total Liabilities
$796k (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
$749,072
Expenses
$494,593
Net Income
$254,479
Net Assets
$302,539
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $737,684
98.5%
Investment Income $11,388
1.5%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,098,866
Total Liabilities $796,327
Net Assets $302,539
Club or Co-Op Income
Income From Members $687,684
Income From Other Sources $50,000
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ference Marcos (President) $0 $0 $0
Ronnie Mc Garrahn (Treasurer) $0 $0 $0
Craig Dunn (Vice President) $0 $0 $0
Chuck Dwyer (Member) $0 $0 $0
Carole Bradley (Member) $0 $0 $0
+ View more people

Document Links

990
Filed on March 18, 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
$505,163
Expenses
$511,838
Net Income
-$6,675
Net Assets
$178,360
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $504,206
99.8%
Investment Income $957
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 $0
Assets/Debt
Total Assets $775,319
Total Liabilities $596,959
Net Assets $178,360
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ference Marcos (President) $0 $0 $0
Chris Kahauz (Vice Pres) $0 $0 $0
R Mc Garrahn (Secretary) $0 $0 $0
Craig Dunn (Member) $0 $0 $0
Chuck Dwyer (Member) $0 $0 $0
+ View more people

Document Links

990
Filed on March 16, 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
$412,426
Expenses
$399,022
Net Income
$13,404
Net Assets
$181,272
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $412,329
100.0%
Investment Income $97
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 $0
Assets/Debt
Total Assets $849,061
Total Liabilities $667,789
Net Assets $181,272
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ferenc Marcos (President) $0 $0 $0
Chris Kahusz (Treasurer) $0 $0 $0
R Mc Garrahn (Secretary) $0 $0 $0
Robert Ayers (Member) $0 $0 $0
F Craig Dunn (Member) $0 $0 $0
+ View more people

Document Links

990
Filed on April 18, 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
$465,029
Expenses
$373,319
Net Income
$91,710
Net Assets
$167,821
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $463,562
99.7%
Investment Income $1,467
0.3%
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 $0
Assets/Debt
Total Assets $855,471
Total Liabilities $687,650
Net Assets $167,821
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ferenc Marcos (President) $0 $0 $0
Chris Kahusz (Vice Pres) $0 $0 $0
R Mc Garrahn (Secretary) $0 $0 $0
Robert Ayres (Member) $0 $0 $0
F Craig Dunn (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on April 5, 2021

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
$400,341
Expenses
$298,790
Net Income
$101,551
Net Assets
$76,111
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $395,850
98.9%
Investment Income $4,491
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 $0
Assets/Debt
Total Assets $784,136
Total Liabilities $708,025
Net Assets $76,111
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ferenc Markos (President) $0 $0 $0
Chris Kahusz (Vice Pres) $0 $0 $0
R Mc Garrahan (Secretary) $0 $0 $0
Robert Ayres (Member) $0 $0 $0
F Craig Dunn (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on April 22, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$393,390
Expenses
$539,226
Net Income
-$145,836
Net Assets
-$25,440
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $390,824
99.3%
Investment Income $2,566
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 $0
Assets/Debt
Total Assets $700,317
Total Liabilities $725,757
Net Assets -$25,440
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ferenc Markos (President) $0 $0 $0
Chris Kahusz (Vice Pres) $0 $0 $0
R Mc Garrahan (Secretary) $0 $0 $0
Robert Ayres (Member) $0 $0 $0
F Craig Dunn (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on March 27, 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
$535,359
Expenses
$436,668
Net Income
$98,691
Net Assets
$60,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $391,540
73.1%
Investment Income $2,023
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $141,796
26.5%
Net Inventory Sales $0
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 $803,685
Total Liabilities $743,061
Net Assets $60,624
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ferenc Markos (President) $0 $0 $0
Chris Kahusz (Vice Pres) $0 $0 $0
R Mc Garrahan (Secretary) $0 $0 $0
Robert Ayres (Member) $0 $0 $0
F Craig Dunn (Treassurer) $0 $0 $0
+ View more people

Document Links

990
Filed on March 23, 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
$334,950
Expenses
$413,997
Net Income
-$79,047
Net Assets
-$172,434
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $332,496
99.3%
Investment Income $2,454
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 $0
Assets/Debt
Total Assets $1,038,442
Total Liabilities $1,210,876
Net Assets -$172,434
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ferenc Markos (President) $0 $0 $0
Chris Kuhasz (Vice Pres) $0 $0 $0
R Mc Garrahan (Secretary) $0 $0 $0
Robert Ayres (Member) $0 $0 $0
F Craig Dunn (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 10, 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
$380,561
Expenses
$317,849
Net Income
$62,712
Net Assets
-$93,389
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,956
1.0%
Program Services $374,590
98.4%
Investment Income $2,015
0.5%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,181,459
Total Liabilities $1,274,848
Net Assets -$93,389
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ferenc Markos (President) $0 $0 $0
Chris Kuhasz (Vice Pres) $0 $0 $0
R Mc Garrahan (Secretary) $0 $0 $0
Robert Ayres (Member) $0 $0 $0
F Craig Dunn (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 9, 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
$273,981
Expenses
$389,232
Net Income
-$115,251
Net Assets
-$156,100
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,368
1.6%
Program Services $266,823
97.4%
Investment Income $2,790
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 $0
Assets/Debt
Total Assets $770,081
Total Liabilities $926,181
Net Assets -$156,100
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.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$251,624
Expenses
$258,109
Net Income
-$6,485
Net Assets
-$2,980
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $248,865
98.9%
Investment Income $2,759
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 $0
Assets/Debt
Total Assets $956,729
Total Liabilities $959,709
Net Assets -$2,980
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.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$283,456
Expenses
$256,702
Net Income
$26,754
Net Assets
$4,802
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $280,734
99.0%
Investment Income $2,722
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 $0
Assets/Debt
Total Assets $979,802
Total Liabilities $975,000
Net Assets $4,802
Club or Co-Op Income
Income From Members $260,537
Income From Other Sources $22,919

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
$278,000
Expenses
$247,689
Net Income
$30,311
Net Assets
-$21,953
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $275,024
98.9%
Investment Income $2,976
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 $17,271
7.0%
Assets/Debt
Total Assets $953,047
Total Liabilities $975,000
Net Assets -$21,953
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
PDF (2 of 3) PDF (3 of 3)

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

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 »

Byline

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