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Nonprofit · EIN 22-3475687

MORRISTOWN CORNERS WATER CORP

Tax-exempt · MORRISVILLE, VT 05661

Financials

$137K$118K2024
Revenue Expenses · by fiscal year end
Financials of MORRISTOWN CORNERS WATER CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$137,426$117,682$19,744$43,421$119,716-$76,295
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$105,916
Membership dues
$31,510
Program service revenue
$0
Investment income
$0

Expenses

Benefits paid to members
$700
Compensation of officers, directors and key employees
$15,006
Salaries, compensation and benefits (total)
$15,006
Professional fees and payments to contractors
$87,790
Occupancy
$6,118
Printing, publications and postage
$84
Other expenses
$7,984

Balance sheet and other

Total assets, start of year
$27,964
Total assets, end of year
$43,421
Total liabilities, end of year
$119,716
Net assets, end of year
-$76,295
Cash, savings and investments
$43,421
Gross receipts
$137,426

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ALLEN ROSSCERTIFIED WATER OPERATOR10$15,006
MICHAEL RAPOPORTPRESIDENT1$0
MARK DESROCHERVICE PRESIDENT1$0
AARON HINESTECHNICIAN1$0
JULIE RAPOPORTSECRETARY1$0
PAULA BEATTIEDIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 187, MORRISVILLE, VT 05661-0187
In care of
% MICHAEL RAPOPORT
Mailing address (990-N for 2021)
PO BOX 187, MORRISVILLE VT 05661
Principal officer (990-N for 2021)
Michael Rapoport, PO BOX 187, MORRISVILLE VT 05661
Signed the 990-EZ
MICHAEL RAPOPORT, PRESIDENT
Phone
(802) 888-1454
Return prepared by
Walter J Pomroy

Mission

PROVIDE POTABLE WATER TO COMMUNITY

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDING POTABLE WATER TO 55-60 COMMUNITY MEMEBERS

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
22-3475687
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$43,421
Income (IRS master file)
$137,426

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$137,426$117,682$43,421XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Michael Rapoport
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2014
Officer: Anne Thursby
December 31, 2015≤ $50,000 receipts––e-Postcard

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 22-3475687).

Questions about MORRISTOWN CORNERS WATER CORP

What is the EIN of MORRISTOWN CORNERS WATER CORP?
The employer identification number (EIN) of MORRISTOWN CORNERS WATER CORP is 22-3475687.
Is MORRISTOWN CORNERS WATER CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1999.
Are donations to MORRISTOWN CORNERS WATER CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MORRISTOWN CORNERS WATER CORP 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 MORRISTOWN CORNERS WATER CORP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MORRISTOWN CORNERS WATER CORP last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of MORRISTOWN CORNERS WATER CORP?
The 990-N for 2021 names Michael Rapoport.
Who are the officers and directors of MORRISTOWN CORNERS WATER CORP?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $15,006 (ALLEN ROSS, CERTIFIED WATER OPERATOR).
How much revenue does MORRISTOWN CORNERS WATER CORP have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $137,426, expenses of $117,682 and total assets of $43,421 at year end.

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