Civic Intelligence

Five Way Water Supply Corporation

EIN 75-1236054 • 501(c)12 • Center, TX

Profile

The mission of the water supply is to provide water service to a rural area of shelby county. The mission is to be able to provide a clean, safe water supply to the growing customer base.

PO Box 667Center, TX 75935

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.02x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

27th percentile

0.12x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Asset Growth

74th percentile

6.9%

Faster asset growth than 74% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$2,031,134

Up $219,251 (+12%) from 2022

Liabilities

Down

$48,794

Down $18,008 (-27%) from 2022

Net Assets

Up

$1,982,340

Up $237,259 (+14%) from 2022

Operations
Liabilities / Revenue27th percentileNet Margin87th percentile

Revenue

Up

$412,725

Up $59,670 (+17%) from 2022

Expenses

Up

$261,015

Up $24,384 (+10%) from 2022

Net Income

Up

$151,710

Up $35,286 (+30%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $1,065,766Liabilities 2010: $0Net Assets 2010: $1,065,7662010Assets 2011: $1,098,909Liabilities 2011: $0Net Assets 2011: $1,098,9092011Assets 2012: $1,140,696Liabilities 2012: $0Net Assets 2012: $1,140,6962012Assets 2013: $1,189,814Liabilities 2013: $0Net Assets 2013: $1,189,8142013Assets 2015: $1,319,125Liabilities 2015: $0Net Assets 2015: $1,319,1252015Assets 2016: $1,371,999Liabilities 2016: $62,753Net Assets 2016: $1,309,2462016Assets 2017: $1,440,896Liabilities 2017: $62,715Net Assets 2017: $1,378,1812017Assets 2018: $1,529,348Liabilities 2018: $63,564Net Assets 2018: $1,465,7842018Assets 2019: $1,594,910Liabilities 2019: $64,232Net Assets 2019: $1,530,6782019Assets 2020: $1,645,179Liabilities 2020: $65,211Net Assets 2020: $1,579,9682020Assets 2021: $1,694,290Liabilities 2021: $65,633Net Assets 2021: $1,628,6572021Assets 2022: $1,811,883Liabilities 2022: $66,802Net Assets 2022: $1,745,0812022Assets 2024: $2,031,134Liabilities 2024: $48,794Net Assets 2024: $1,982,3402024

Highlighted filing

2024

Assets$2,031,134
Liabilities$48,794
Net Assets$1,982,340
Open 2024 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Expenses 2010: $172,8202010Expenses 2011: $209,6172011Expenses 2012: $198,3932012Revenue 2013: $240,169Expenses 2013: $191,051Net Income 2013: $49,1182013Revenue 2015: $274,444Expenses 2015: $210,856Net Income 2015: $63,5882015Revenue 2016: $272,075Expenses 2016: $220,143Net Income 2016: $51,9322016Revenue 2017: $265,265Expenses 2017: $196,330Net Income 2017: $68,9352017Revenue 2018: $284,127Expenses 2018: $196,524Net Income 2018: $87,6032018Revenue 2019: $298,003Expenses 2019: $233,109Net Income 2019: $64,8942019Revenue 2020: $303,565Expenses 2020: $254,275Net Income 2020: $49,2902020Revenue 2021: $316,731Expenses 2021: $268,042Net Income 2021: $48,6892021Revenue 2022: $353,055Expenses 2022: $236,631Net Income 2022: $116,4242022Revenue 2024: $412,725Expenses 2024: $261,015Net Income 2024: $151,7102024

Highlighted filing

2024

Revenue$412,725
Expenses$261,015
Net Income$151,710
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,031,134
Liabilities
$48,794
Net assets
$1,982,340
Revenue
$412,725
Expenses
$261,015
Net income
$151,710
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.05$1.98$0.41$0.26$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.07$1.75$0.35$0.24$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.07$1.63$0.32$0.27$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.07$1.58$0.30$0.25$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.06$1.53$0.30$0.23$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.06$1.47$0.28$0.20$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.06$1.38$0.27$0.20$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.06$1.31$0.27$0.22$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.00$1.32$0.27$0.21$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.24$0.19$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.00$1.14$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.00$1.07$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$412,725
Mission and Program Overview

Mission

The mission of the water supply is to provide water service to a rural area of shelby county. The mission is to be able to provide a clean, safe water supply to the growing customer base.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,830,630$1,982,340▲ $151,710
Cash and Non-Interest-Bearing Accounts$890,825$1,052,027▲ $161,202
Land, Buildings, and Equipment, Net$958,402$902,775▼ $55,627
Accounts Receivable$49,383$75,165▲ $25,782
Prepaid Expenses and Deferred Charges$1,053$1,122▲ $69
Total Assets$1,899,708$2,031,134▲ $131,426
Other Assets Total$45$45→ $0
Liabilities
Other Liabilities$69,078$48,794▼ $20,284
Total Liabilities$69,078$48,794▼ $20,284
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,830,630$1,982,340▲ $151,710
Total Liabilities and Net Assets / Fund Balance$1,899,708$2,031,134▲ $131,426

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$902,240$1,276,936$2,179,176
Land$535-$535
Compensation and Service Providers
Top Officer Pay68th percentile

Board Members and Trustees

NameTitle
Edgar FelderPresident
Melissa LeeDirector
Sammy ArnoldDirector
Terry WaltonDirector
Brenda ApplequistSecretary/tr
Billy StegallVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$408,071
Investment Income
$4,654
Other Revenue
$0
Change in Net Assets
$151,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$261,015
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$55,628
All Other Expenses---$46,322
Other Expenses---$12,440
Insurance---$9,682
Office Expenses---$3,504
Fees for Services Accounting---$1,135
Travel---$935
Total Functional Expenses$0$0$0$261,015
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Memberships$48,794
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The corporation is a member owned nonprofit water corporation. There is only one class of memberships. There are approximately 540 members. Annually officers are elected from the membership to serve for a three year period.”

Form 990, Page 6, Part VI, Line 7A

“The corporation is a member owned nonprofit water corporation. There is only one class of memberships. There are approximately 540 members. Annually officers are elected from the membership to serve for a three year period.”

Form 990, Page 6, Part VI, Line 11B

“Board president signs the tax return for the water corporation. Form 990 is available for the board members to review at a monthly board meeting.”

Form 990, Page 6, Part VI, Line 12C

“There is no written agreement with the board member and the water supply corporation. Conflict of interest is discussed in board meetings. For new members on the board, continuing education has to be obtained within 90 days of election. The independent auditor has board members to sign a conflict of interest letter each year.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, policies and financial statements can be requested in writing at the water office. Board of directors will evaluate the request and approve or disappove the request.”

Filing and Contact Details

Filer

Filer Name
Five Way Water Supply Corporation
EIN
75-1236054
Phone
9365909177
Address
PO BOX 667, CENTER, TX 75935

Signing Officer

Name
Edgar Felder
Title
President
Phone
0936590917
Signed
2025-11-15

Organization Details

Principal Officer
Edgar Felder
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Redfield Miller & White Llp
Address
1116 N UNIVERSITY DR, NACOGDOCHES, TX 75961
Preparer
Clinton R White CPA
Phone
9365648186
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“To provide water to members in shelby county.”

Form 990, Part IX, Line 24E

“Management fee-bookkeepin 12,000 0 0 materials 11,234 0 0 lab fee 6,521 0 0 postage 4,429 0 0 assessment tax 3,322 0 0 mowing 2,380 0 0 dues 2,020 0 0 refunds & returns 2,000 0 0 telephone 1,969 0 0 membership refunds 447 0 0 total 46,322 0 0”

Raw XML Appendix304 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AllOtherExpensesGrp/TotalAmt046322
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0VINCE DIVERDI
IRS990/BooksInCareOfDetail/PhoneNum09365987328
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0RT 3 BOX 667
IRS990/BooksInCareOfDetail/USAddress/CityNm0CENTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075935
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0890825
IRS990/CashNonInterestBearingGrp/EOYAmt01052027
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04654
IRS990/CYOtherExpensesAmt0261015
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0408071
IRS990/CYRevenuesLessExpensesAmt0151710
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0261015
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0412725
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt055628
IRS990/Desc0TO PROVIDE WATER TO MEMBERS IN SHELBY COUNTY.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0260211
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt01135
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0BRENDA APPLEQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm1SAMMY ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm2EDGAR FELDER
IRS990/Form990PartVIISectionAGrp/PersonNm3MELISSA LEE
IRS990/Form990PartVIISectionAGrp/PersonNm4BILLY STEGALL
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRY WALTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0412725
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt09682
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04654
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04654
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
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IRS990/LandBldgEquipAccumDeprecAmt01276936
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0958402
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IRS990/LandBldgEquipCostOrOtherBssAmt02179711
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0408071
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE WATER SUPPLY IS TO PROVIDE WATER SERVICE TO A RURAL AREA OF SHELBY COUNTY. THE MISSION IS TO BE ABLE TO PROVIDE A CLEAN, SAFE WATER SUPPLY TO THE GROWING CUSTOMER BASE.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt01830630
IRS990/NetAssetsOrFundBalancesEOYAmt01982340
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt03504
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045
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IRS990/OtherExpensesGrp/Desc0REPAIR & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3CHEMICALS & CHLORINE
IRS990/OtherExpensesGrp/TotalAmt058428
IRS990/OtherExpensesGrp/TotalAmt154683
IRS990/OtherExpensesGrp/TotalAmt218258
IRS990/OtherExpensesGrp/TotalAmt312440
IRS990/OtherLiabilitiesGrp/BOYAmt069078
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IRS990/PartialLiquidationInd0false
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01053
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IRS990/PrincipalOfficerNm0EDGAR FELDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0408071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0408071
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE WATER TO MEMBERS IN SHELBY COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0804
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0408071
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01830630
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0902240
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02179176
IRS990ScheduleD/LandGrp/BookValueAmt0535
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048794
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERSHIPS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0902775
IRS990ScheduleD/TotalLiabilityAmt048794
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE WATER TO MEMBERS IN SHELBY COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION IS A MEMBER OWNED NONPROFIT WATER CORPORATION. THERE IS ONLY ONE CLASS OF MEMBERSHIPS. THERE ARE APPROXIMATELY 540 MEMBERS. ANNUALLY OFFICERS ARE ELECTED FROM THE MEMBERSHIP TO SERVE FOR A THREE YEAR PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION IS A MEMBER OWNED NONPROFIT WATER CORPORATION. THERE IS ONLY ONE CLASS OF MEMBERSHIPS. THERE ARE APPROXIMATELY 540 MEMBERS. ANNUALLY OFFICERS ARE ELECTED FROM THE MEMBERSHIP TO SERVE FOR A THREE YEAR PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD PRESIDENT SIGNS THE TAX RETURN FOR THE WATER CORPORATION. FORM 990 IS AVAILABLE FOR THE BOARD MEMBERS TO REVIEW AT A MONTHLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE IS NO WRITTEN AGREEMENT WITH THE BOARD MEMBER AND THE WATER SUPPLY CORPORATION. CONFLICT OF INTEREST IS DISCUSSED IN BOARD MEETINGS. FOR NEW MEMBERS ON THE BOARD, CONTINUING EDUCATION HAS TO BE OBTAINED WITHIN 90 DAYS OF ELECTION. THE INDEPENDENT AUDITOR HAS BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST LETTER EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS CAN BE REQUESTED IN WRITING AT THE WATER OFFICE. BOARD OF DIRECTORS WILL EVALUATE THE REQUEST AND APPROVE OR DISAPPOVE THE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MANAGEMENT FEE-BOOKKEEPIN 12,000 0 0 MATERIALS 11,234 0 0 LAB FEE 6,521 0 0 POSTAGE 4,429 0 0 ASSESSMENT TAX 3,322 0 0 MOWING 2,380 0 0 DUES 2,020 0 0 REFUNDS & RETURNS 2,000 0 0 TELEPHONE 1,969 0 0 MEMBERSHIP REFUNDS 447 0 0 TOTAL 46,322 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01899708
IRS990/TotalAssetsEOYAmt02031134
IRS990/TotalAssetsGrp/BOYAmt01899708
IRS990/TotalAssetsGrp/EOYAmt02031134
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0261015
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069078
IRS990/TotalLiabilitiesEOYAmt048794
IRS990/TotalLiabilitiesGrp/BOYAmt069078
IRS990/TotalLiabilitiesGrp/EOYAmt048794
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01830630
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01982340
IRS990/TotalOtherProgSrvcExpenseAmt0804
IRS990/TotalProgramServiceExpensesAmt0261015
IRS990/TotalProgramServiceRevenueAmt0408071
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0412725
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0412725
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01899708
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02031134
IRS990/TravelGrp/TotalAmt0935
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04661 HWY 7 E
IRS990/USAddress/CityNm0CENTER
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075935
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EDGAR FELDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum00936590917
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIVE WAY WATER SUPPLY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0FIVE
ReturnHeader/Filer/EIN0751236054
ReturnHeader/Filer/PhoneNum09365909177
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 667
ReturnHeader/Filer/USAddress/CityNm0CENTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075935
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752966974
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REDFIELD MILLER & WHITE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01116 N UNIVERSITY DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NACOGDOCHES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075961
ReturnHeader/PreparerPersonGrp/PhoneNum09365648186
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CLINTON R WHITE CPA
ReturnHeader/ReturnTs02025-05-29T16:55:48-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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