Nonprofit · EIN 75-1736626
SWEETWATER IMPROVEMENT INC
Tax-exempt · SWEETWATER, TX 79556
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $228,480 | $200,694 | $27,786 | $336,311 | $58,656 | $277,655 |
| August 31, 2024 | 990 | $91,390 | $87,075 | $4,315 | $249,951 | $83 | $249,868 |
| August 31, 2023 | 990 | $73,406 | $60,677 | $12,729 | $245,636 | $83 | $245,553 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $296,953
- Membership dues
- $14,000
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- -$68,473
- Other revenue
- -$68,473
Expenses
- Grants and similar amounts paid
- $2,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,225
- Program services (functional)
- $189,885
- Management and general (functional)
- $10,809
Balance sheet and other
- Total assets, start of year
- $249,951
- Total assets, end of year
- $336,311
- Total liabilities, end of year
- $58,656
- Net assets, end of year
- $277,655
- Land, buildings and equipment
- $134,284
- Gross receipts
- $320,953
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1979
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM REAVES | PRESIDENT Trustee or director, Officer | 5 | $0 |
| KAREN HUNT | EXEC DIR Trustee or director, Officer | 5 | $0 |
| SAMANTHA MORROW | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| RICHARD FERGUSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRIS BIBB | TREASURER Trustee or director, Officer | 1 | $0 |
| BECCA LOCKE | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| WESELY GILL | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
990 for the year ended August 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM REAVES | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
| KAREN HUNT | EXEC DIR Trustee or director, Officer | 5 | $0 |
| SAMANTHA MORROW | PRESIDENT Trustee or director, Officer | 1 | $0 |
| RICHARD FERGUSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEREMY DODD | TREASURER Trustee or director, Officer | 1 | $0 |
| JASON SHIPP | PAST PRESIDENT Trustee or director, Officer | 5 | $0 |
| KEN BECKER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended August 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM REAVES | VP Trustee or director, Officer | 1 | $0 |
| KAREN HUNT | EXEC DIR Trustee or director, Officer | 5 | $0 |
| SAMANTHA MORROW | PRES ELECT Trustee or director, Officer | 1 | $0 |
| PATRICK FAHY | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEREMY DODD | SEC/TREASURER Trustee or director, Officer | 1 | $0 |
| JASON SHIPP | PRESIDENT Trustee or director, Officer | 5 | $0 |
| TJ WILSON | VP Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 810 E BROADWAY ST, SWEETWATER, TX 79556-4630
- Principal officer (990 for 2024)
- KAREN HUNT, 810 E BROADWAY, SWEETWATER, TX 79556
- Signed the 990
- KAREN HUNT, EXECUTIVE DIRECTOR
- Phone
- (325) 235-5488
- Return prepared by
- RICHARD A BOWMAN CPA
Mission
NONE
Program accomplishments
- NOLAN CO FOUNDATION-IN AFFILIATION WITH COMMUNITY FOUNDATION OF ABILENE (CFA), PROVIDES SCHOLARSHIPS AND GRANTS TO LOCAL CHARITIES. GRANT INCOME FROM CFA PAYS FOR SUPERVISION AND MANAGEMENT OF PROGRAMS OF THIS ORGANIZATIONgrants $2,500 · revenue $65,000
- SHCA - LOCAL NON PROFIT CONCERT ASSOCIATION TO PROMOTE AND PROVIDE LOCAL ENTERTAINMENT AND CONCERTS FOR THE LOCAL AREA.Expenses $14,625 · revenue $14,000
- FIGHT FOR THE CURE. THIS IS A LOCAL CANCER AWARENESS AND FUNDRAISING PROGRAM.Expenses $17,383 · revenue $18,272
- WOMEN'S FORUM, SIMMONS HOUSE, BENNETT YOUTH SPORTS, BUILDING FUND, TECHNO FUND, NEWMAN BASKETBALL PARK, PROMISE ROOM, AND GOODFELLOWS ARE PROGRAMS TO AID THE VARIOUS CITIZEN GROUP'S AND LOCAL YOUTH PROJECTSExpenses $157,877 · revenue $199,681
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 75-1736626
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1981
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $336,311
- Income (IRS master file)
- $320,953
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $228,480 | $200,694 | $336,311 | IRS |
| 990 | August 2024 | $91,390 | $87,075 | $249,951 | XML |
| 990 | August 2023 | $73,406 | $60,677 | $245,636 | XML |
| 990 | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-1736626).
Questions about SWEETWATER IMPROVEMENT INC
- What is the EIN of SWEETWATER IMPROVEMENT INC?
- The employer identification number (EIN) of SWEETWATER IMPROVEMENT INC is 75-1736626.
- Is SWEETWATER IMPROVEMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to SWEETWATER IMPROVEMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SWEETWATER IMPROVEMENT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SWEETWATER IMPROVEMENT INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SWEETWATER IMPROVEMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of SWEETWATER IMPROVEMENT INC?
- The 990 for the year ended August 31, 2025 names KAREN HUNT.
- Who are the officers and directors of SWEETWATER IMPROVEMENT INC?
- The 990 for the year ended August 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does SWEETWATER IMPROVEMENT INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $228,480, expenses of $200,694 and total assets of $336,311 at year end.
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- NATIONAL WASP WWII MUSEUM INC EIN 56-2326843 · last filed 990 for 2025
- WILLIAM M WEAVER FOUNDATION EIN 30-0140386 · last filed 990-PF for 2025
- JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION EIN 75-2485347 · last filed 990-PF for 2024
- BITTER CREEK WATER SUPPLY CORPORATION EIN 75-1366227 · last filed 990 for 2022
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All nonprofits in SWEETWATER · Texas · Community improvement and capacity building