Shackelford Water Supply Corporation in Albany, Texas (TX)

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Shackelford Water Supply Corporation
Employer Identification Number (EIN)751633078
Name of OrganizationShackelford Water Supply Corporation
Address1180 Country Rd 109, Albany, TX 79430
ActivitiesMutual ditch, irrigation, telephone, electric company or like organization
SubsectionMutual Ditch or Irrigation Co.
Ruling Date09/1983
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2011
Assets$1 to $9,999
Income$0
Filing Requirement990 - Not required to file (all other)
Asset Amount$1
Amount of Income$-8,115,515
Form 990 Revenue Amount$-8,115,515


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$-8,115,515
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Loss from sale of assets other than inventory$-8,115,515
Gross amount from sale of assets other than inventory$0
Less: cost or other basis and sales expenses$8,115,515
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$0
Total net assets$0
Deficit for the year$-8,115,515
Net assets or fund balances at beginning of year$3,901,559
Other changes in net assets or fund balances$4,213,956
Balance Sheets (for 2011)
Total assets$1
Total liabilities$0
Net assets or fund balances$0
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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