Three Community Water Corp FY2020 filing

Not tax-deductible

Brownsboro, TXMutual-benefit / member-servingMutual/MembershipEIN 75-1928671Revenue $158K in FY2020

On file with the IRSPo Box 228, 75756-0228 · Brownsboro, TXTax-exempt since Oct 2001

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Provide Water for members.

96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · 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
5 of 5
filings with a surplus
Average surplus $50K a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
56 mo
of spending, in cash
Looks good: 55.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$903
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$158K
Spent
$119K
To programs
96%
Net assets
$889K
By yearFY2020–FY2025
Revenue
$158K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$158K
FY2022$241K
FY2023$227K
FY2024$242K
FY2025$253K
Expenses
$119K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$119K
FY2022$172K
FY2023$155K
FY2024$217K
FY2025$210K
Net assets
$889K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$889K
FY2022$937K
FY2023$1.0M
FY2024$1.0M
FY2025$1.1M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2001.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $114K Management & general 4% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Belinda Tompkins’s $12K as Secretary is at the 53rd percentile of top reported officer pay among 540 $100K–1M mutual/membership nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Three Community Water Corp executive salaries →

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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

Three Community Water Corp is a member-serving organization based in Brownsboro, TX.

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1 program · in their own filed words · FY2020
01

To provide pure treated water for its members

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$158K
Ln 12
Fees for servicesLn 2g$157K
Investment incomeLn 3$613
Money outPt IX
$119K
Ln 25
Programscol B$114K
Managementcol C$4K
Owns and owesPt X
$889K
net assets · Ln 32
Cash and savingsLn 1–2$552K
Total assetsLn 16$890K
LiabilitiesLn 26$903
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$157K
Investment incomeLn 3$613
Gains on assetsLn 7$0
Total revenueLn 12$158K
Assets in detailPt X, end of year
CashLn 1$520K
SavingsLn 2$31K
Cash and savings togetherLn 1–2$552K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$326K
Other assetsLn 15$0
Total assetsLn 16$890K
LiabilitiesLn 26$903
Net assetsLn 32$889K
OperationsPt I, VI
EmployeesI 50
VolunteersI 61
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$507K$552K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$329K$326K
Total assetsLn 16$850K$890K
LiabilitiesLn 26$35$903
Net assetsLn 32$850K$889K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$11K$11K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$500$500
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$3K$3K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$96K$96K
All other expensesLn 24e$3K$2K$1K
Total functional expensesLn 25$119K$114K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $253K$210K$43K$1.1M 990 PDF
FY2024 $242K$217K$25K$1.0M 990 PDF
FY2023 $227K$155K$72K$1.0M 990 PDF
FY2022 $241K$172K$70K$937K 990 PDF
FY2021 Not on file
FY2020 Viewing $158K$119K$39K$889K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $157,836 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $177,664$157,223
I-10 Investment incomePrior year $713$613
I-11 Other revenue$0
I-12 Total revenuePrior year $178,377$157,836
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $11,000$11,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $99,402$107,715
I-18 Total expensesPrior year $110,402$118,715
I-19 Revenue less expensesPrior year $67,975$39,121
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $157,836 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $157,223$157,223
VIII-3 Investment incomeRelated to mission $613$613
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $157,836$157,836
Part IX · Statement of functional expenses $118,715 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $11,000$11,000
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $500$500
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $2,550$2,550
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,219$3,219
IX-23 InsurancePrograms $2,365$2,365
IX-24 Other expenses (24a–d)Programs $95,728$95,728
IX-24e All other expensesPrograms $1,954 · Management $1,399$3,353
IX-25 Total functional expensesPrograms $114,266 · Management $4,449 · Fundraising $0$118,715
Part X · Balance sheet $889,921 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $476,768$520,127
X-2 Savings and temporary cash investmentsStart of year $30,324$31,419
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $12,111$10,723
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $1,806$1,948
X-10c Land, buildings and equipment, netStart of year $328,923$325,704
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $849,932$889,921
X-17 Accounts payable and accrued expensesStart of year $35$903
X-26 Total liabilitiesStart of year $35$903
X-32 Total net assets or fund balancesStart of year $849,897$889,018
X-33 Total liabilities and net assetsStart of year $849,932$889,921
Part XI · Reconciliation of net assets $889,018 net assets at year end
XI-1 Total revenue$157,836
XI-2 Total expenses$118,715
XI-3 Revenue less expenses$39,121
XI-4 Net assets at start of year$849,897
XI-10 Net assets at end of year$889,018

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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