Falls Water Supply Corporation
Revenue
$51k
year to 31 December 2024
Expenses
$56k
year to 31 December 2024
Total assets
$197k
year to 31 December 2024
Net assets
$122k
assets less liabilities
Directors and trustees
5
6.6y av
Left since last filing
0
no seats appear to have opened
Activity
Y22
Mutual and membership benefit
Filings on record
7
latest 2024
Falls Water Supply Corporation's network
5 people4 organisationsi5 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Arneda Reeves | Company secretary | 2018 | 8 yrs |
| Bob Reeves | President | 2021 | 5 yrs |
| Leslie Shashack | Treasurer | 2018 | 8 yrs |
| Mike Johnston | Director | 2018 | 8 yrs |
| Paul Ahrens | Vice President | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Bob Reeves | President | 0 | $0 | ||
| Paul Ahrens | Vice President | 0 | $0 | ||
| Arneda Reeves | Secretary | 0 | $0 | ||
| Leslie Shashack | Treasurer | 0 | $0 | ||
| Mike Johnston | Director | 0 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Falls Water Supply Corporation
- EIN
- 030429181
- Address
- 5054 English Crossing Rd, Pipe Creek, TX, 78063-7209
- State
- Texas
- Activity (NTEE)
- Y22 Mutual and membership benefit
- IRS classification
- 501(c)12 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Mutual & Membership Benefit
- Size band
- 4 (IRS master file code)
- IRS ruling date
- 1 April 2007
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsArneda Reeves
≥8years on the filingsLeslie Shashack
≥8years on the filingsMike Johnston
≥5years on the filingsBob Reeves
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $197k
- Net assets or fund balances
- $122k
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $51k | $56k | Deficit $5k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.The Falls Water Supply Corporation likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Texas Comptroller of Public Accounts, entity data (data.texas.gov 9cir-efmm). Licence not stated. Data last fetched 18 October 2026.
- State
- Texas
- Entity type
- nonprofit corporation
- Status
- Not stated
- Formed
- 17 May 2001
- Registered agent
- Not stated
This register does not publish officers or directors.