philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Pendleton Water Supply Corporation

Not tax-deductible

Pendleton, TXMutual-benefit / member-servingEIN 74-1914034Revenue $915K in FY2025

On file with the IRSpendletonwatersupply.comPo Box 100, 76564-0100 · Pendleton, TXTax-exempt since Feb 1978

This page gets seen. Tell your story. Claim this org.

Provide potable water utility service to about 985 rural members.

100¢ of each $1 spent went to programs.
Run by 5 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $124K a year · 13% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
21 mo
of spending, in cash
Looks good: 20.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$470K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$915K
+1% vs prior year
Spent
$888K
To programs
100%
Net assets
$3.3M
By yearFY2020–FY2025
Revenue
$915K
FY2025▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$858K
FY2021$835K
FY2022$1.2M
FY2023$919K
FY2024$903K
FY2025$915K
Expenses
$888K
FY2025▲ +0.9%
Tap a bar for its year
Expenses by fiscal year
FY2020$746K
FY2021$695K
FY2022$774K
FY2023$891K
FY2024$880K
FY2025$888K
Net assets
$3.3M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$2.5M
FY2022$3.0M
FY2023$3.1M
FY2024$3.3M
FY2025$3.3M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $888K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
David Leigh
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Jeffrey Thigpen
Vice-Preside
$0Pt VII · Sec A
See Pendleton Water Supply Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supplies clean drinking water to about 985 rural households.

Questions for Pendleton Water Supply Corporation

Tap to ask. Pendleton Water Supply Corporation sees how many people are interested.

Your first name shows with your question. Pendleton Water Supply Corporation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $884K · in their own filed words · FY2024
01

Provide potable water utility service to about 1,066 rural members.

$884Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$915K
Ln 12
Fees for servicesLn 2g$868K
Investment incomeLn 3$46K
Money outPt IX
$888K
Ln 25
Programscol B$888K
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$3.8M
LiabilitiesLn 26$470K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$868K
Investment incomeLn 3$46K
Total revenueLn 12$915K
Assets in detailPt X, end of year
CashLn 1$334K
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.5M
Land, buildings, equipmentLn 10c$2.1M
Other assetsLn 15$110K
Total assetsLn 16$3.8M
LiabilitiesLn 26$470K
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 53
VolunteersI 65
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.4M$1.5M
Land, buildings, equipmentLn 10c$2.1M$2.1M
Total assetsLn 16$3.8M$3.8M
LiabilitiesLn 26$561K$470K
Net assetsLn 32$3.3M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$97K$97K
Payroll taxesLn 10$7K$7K
Management feesLn 11a$127K$127K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$300$300
Other fees for servicesLn 11g$1K$1K
Office expensesLn 13$39K$39K
InterestLn 20$26K$26K
Depreciation, depletion and amortizationLn 22$168K$168K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$401K$401K
All other expensesLn 24e$5K$5K
Total functional expensesLn 25$888K$888K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $915K$888K$27K$3.3M 990 PDF
FY2024 $903K$880K$23K$3.3M 990 PDF
FY2023 $919K$891K$28K$3.1M 990 PDF
FY2022 $1.2M$774K$415K$3.0M 990 PDF
FY2021 $835K$695K$139K$2.5M 990 PDF
FY2020 $858K$746K$112K$2.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $914,513 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $843,208$868,211
I-10 Investment incomePrior year $59,721$46,302
I-11 Other revenue$0
I-12 Total revenuePrior year $902,929$914,513
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $97,726$103,763
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $781,911$783,898
I-18 Total expensesPrior year $879,637$887,661
I-19 Revenue less expensesPrior year $23,292$26,852
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $914,513 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $868,211$868,211
VIII-3 Investment incomeExcluded from tax $46,302$46,302
VIII-12 Total revenueRelated to mission $868,211 · Excluded from tax $46,302$914,513
Part IX · Statement of functional expenses $887,661 across 12 lines filed
IX-7 Other salaries and wagesPrograms $96,875$96,875
IX-10 Payroll taxesPrograms $6,888$6,888
IX-11a Management feesPrograms $127,171$127,171
IX-11b Legal feesPrograms $3,906$3,906
IX-11c Accounting feesPrograms $300$300
IX-11g Other fees for servicesPrograms $1,234$1,234
IX-13 Office expensesPrograms $39,000$39,000
IX-20 InterestPrograms $25,715$25,715
IX-22 Depreciation, depletion and amortizationPrograms $168,456$168,456
IX-23 InsurancePrograms $12,169$12,169
IX-24 Other expenses (24a–d)Programs $400,615$400,615
IX-24e All other expensesPrograms $5,332$5,332
IX-25 Total functional expensesPrograms $887,661 · Management $0 · Fundraising $0$887,661
Part X · Balance sheet $3,799,180 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $217,713$334,008
X-2 Savings and temporary cash investmentsStart of year $1,189,274$1,210,728
X-4 Accounts receivableStart of year $73,525$63,704
X-8 Inventories for sale or useStart of year $9,608$11,937
X-9 Prepaid expenses and deferred chargesStart of year $5,610$7,525
X-10c Land, buildings and equipment, netStart of year $2,125,324$2,061,671
X-15 Other assetsStart of year $216,173$109,607
X-16 Total assetsStart of year $3,837,227$3,799,180
X-17 Accounts payable and accrued expensesStart of year $41,276$8,483
X-26 Total liabilitiesStart of year $561,217$469,918
X-32 Total net assets or fund balancesStart of year $3,276,010$3,329,262
X-33 Total liabilities and net assetsStart of year $3,837,227$3,799,180
Part XI · Reconciliation of net assets $3,329,262 net assets at year end
XI-1 Total revenue$914,513
XI-2 Total expenses$887,661
XI-3 Revenue less expenses$26,852
XI-4 Net assets at start of year$3,276,010
XI-9 Other changes in net assets$26,400
XI-10 Net assets at end of year$3,329,262

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.