Pennington Water Supply Corporation in Pennington, Texas (TX)

Organization representatives - add corrected or new information about Pennington Water Supply Corporation »

Non-representatives - add comments about Pennington Water Supply Corporation»

Pennington Water Supply Corporation
Employer Identification Number (EIN)741907897
Name of OrganizationPennington Water Supply Corporation
AddressPO BOX 15, Pennington, TX 75856-0015
ActivitiesMutual ditch, irrigation, telephone, electric company or like organization
SubsectionMutual Ditch or Irrigation Co.
Ruling Date04/1977
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,122,839
Amount of Income$317,593
Form 990 Revenue Amount$317,593


Non-representatives - add comments:


CAPTCHA

Your IP address 3.235.243.45 will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 109643
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return22
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$350,184$325,985$315,330
Gross income from other sources$3,549$2,790$2,264
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$0
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization01
Statement of Revenue
201120122013
Total revenue$353,733$328,775$317,593
Contributions, Gifts, Grants and Other Similar Amounts$0$0$0
Program Service Revenue$350,184$325,985$315,330
0$325,985$315,330
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,549$2,790$2,263
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$354,383$292,346$307,041
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$0
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$44,206$35,144$27,476
Pension plan accruals and contributions$0$0
Other employee benefits$0$0
Payroll taxes$2,947$4,135$2,417
Fees for services (non-employees)
Management$0$0
Legal$0$0
Accounting$3,500$3,500
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$105,720$120,210
Advertising and promotion$267$1,965
Office expenses$9,138$7,546
Information technology$0$0
Royalties$0$0
Occupancy$27,418$30,445
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$36,504$34,372
Insurance$3,901$4,231
Other expenses$50,926$521
Other expenses$9,628$7,685
Other expenses$3,582$16,543
Other expenses$1,258$50,130
Balance Sheet
201120122013
Total assets$1,071,348$1,110,635$1,122,839
Cash - non-interest-bearing$25,392$62,801
Savings and temporary cash investments$486,381$489,630
Pledges and grants receivable, net$0$0
Accounts receivable, net$17,773$21,580
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$35,392$37,547
Prepaid expenses and deferred charges$2,456$2,412
Land, buildings, and equipment: cost or other basis$543,241$508,869
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$91,950$94,808$96,595
Accounts payable and accrued expenses$58$45
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$94,750$96,550
Total net assets or fund balances$979,398$1,015,827$1,026,244
Unrestricted net assets$634,061$536,614
Temporarily restricted net assets$381,766$489,630
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Pennington Water Supply Corporation to others? (optional)
  
Add photo of Pennington Water Supply Corporation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Texas
IdNameAddressStateEstablishedTotal Income
1Pellets Foundation Inc1101 S Capital Tx Hwy Blk K 200, Austin, TX 78746TX1999-11$0
2Pembroke Hill School Scholarship Tr, Bank Of America Na TteeBANK OF AMERICA NA PO BOX 831, Dallas, TX 75283-1041TX2001-04$239,327
3Pemmy Smith FoundationPO BOX 831041, Dallas, TX 75283-1041TX1994-09$2,202,232
4Pen-Mac Re Reinsurance Ltd1305 Main Street, Vidor, TX 77662TX2005-06$39,255
5Pendleton Water Supply CorporationPO BOX 100, Pendleton, TX 76564-0100TX1978-02$700,535
6Penelope Water Supply CorpPO BOX 102, Penelope, TX 76676-0102TX1961-02$49,399
7Penitas Care Ministry1201 E Nolana Ave, Mcallen, TX 78504-6108TX2002-02$1,500
8Penland Foundation6550 Tram Rd, Beaumont, TX 77713-8703TX2007-10$1,698,725
9Pennies For Christ Foundation IncP O Box 12122, Odessa, TX 79768TX2009-03$8,388
10Pennies For Education And Health Foundation3050 Post Oak Blvd, Houston, TX 77056-6527TX2004-09$75,348
11Pennington Water Supply CorporationPO BOX 15, Pennington, TX 75856-0015TX1977-04$317,593
12Penrose Foundation777 Main St Ste 3250, Fort Worth, TX 76102-5342TX1993-01$109,103
13Pentecostal Evangelistic Assoc, Community ChurchPO BOX 1485, Jacksonville, TX 75766-1485TX$33,412
14Pentecostal Peace Fellowship Incorporated224 Rawhide, Waxahachie, TX 75165TX2008-04$0
15People Against Drugs Affordable Housing Agency511 N Akard St Ste 301, Dallas, TX 75201-6615TX1991-08$-2,145,356
16People Caring For The Community Inc9800 Town Prk Dr Ste 258e, Houston, TX 77036-2316TX2003-07$176,900
17People Empowerment Project345 S Edgefield Ave, Dallas, TX 75208-5930TX2003-08$40,936
18People Helping People Foundation International Inc1302 Sterling Green Ct, Houston, TX 77015TX1999-04$0
19People Link Inc14781 Memorial Dr Ste 2739, Houston, TX 77079-5210TX1994-04$170,325
20People Need People12806 Glorywhite Ct, Houston, TX 77034-3685TX2004-10$188,008

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Pennington Water Supply Corporation and has no official or unofficial affiliation with Pennington Water Supply Corporation