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Nonprofit · EIN 23-7021479

THRASHER WATER ASSOCIATION

Tax-exempt · BOONEVILLE, MS 38829

Financials

$225K$226K2022$224K$262K2023$2.7M$294K2024
Revenue Expenses · by fiscal year end
Financials of THRASHER WATER ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$2,736,309$293,829$2,442,480$6,196,000$3,026,907$3,169,093
July 31, 2024990$223,935$262,409-$38,474$762,785$36,171$726,614
July 31, 2023990$224,838$226,345-$1,507$788,093$23,003$765,090
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$2,470,160
of which government grants
$2,470,000
Membership dues
$160
Program service revenue
$255,177
Investment income
$10,972
Net gain from sales of assets
$2,116
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$19,150
Salaries, compensation and benefits (total)
$22,713
Professional fundraising fees
$0
Accounting fees
$10,623
Occupancy
$7,080
Depreciation
$19,806
Program services (functional)
$274,734
Management and general (functional)
$19,095

Balance sheet and other

Total assets, start of year
$762,785
Total assets, end of year
$6,196,000
Total liabilities, end of year
$3,026,907
Net assets, end of year
$3,169,093
Land, buildings and equipment
$4,941,356
Net assets without donor restrictions
$3,169,093
Gross receipts
$2,751,198
Employees
4
Year formed
1960
State of legal domicile
MS

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
GARY JOHNSONDIRECTOR
Trustee or director
10$0
JONATHON DODDSVICE PRESIDENT
Trustee or director, Officer
10$0
TONY CHRISTIANPRESIDENT
Trustee or director, Officer
10$0
GLENN WILLIAMSDIRECTOR
Trustee or director
10$0
CECIL WEATHERBEEPRIOR DIRECTOR
Trustee or director, Former
10$0
JERRY COXDIRECTOR
Trustee or director
10$0
DONNIE REECEDIRECTOR
Trustee or director
10$0
KIM HAMILTONTREASURER
Trustee or director, Officer
5$0
990 for the year ended July 31, 2024: 9 people
NameTitleHours / weekCompensation
ROY TAYLORMANAGER
Key employee
20$15,000
TONY CHRISTIANPRESIDENT
Trustee or director, Officer
10$1,390
HORACE HUDDLESTONPRIOR PRESIDENT
Trustee or director, Former
10$1,350
JONATHON DODDSVICE PRESIDENT
Trustee or director, Officer
10$1,100
CECIL WEATHERBEEPRIOR DIRECTOR
Trustee or director, Former
10$700
GLENN WILLIAMSDIRECTOR
Trustee or director, Former
10$300
GARY JOHNSONDIRECTOR
Trustee or director
10$0
JERRY COXDIRECTOR
Trustee or director
10$0
DONNIE REECEDIRECTOR
Trustee or director
10$0
990 for the year ended July 31, 2023: 5 people
NameTitleHours / weekCompensation
ROY TAYLORSECRETARY - TREASURER
Trustee or director, Officer
20$19,491
HORACE HUDDLESTONPRESIDENT
Trustee or director, Officer
10$2,560
GLENN WILLIAMSDIRECTOR
Trustee or director
10$1,381
TONY CHRISTIANVICE PRESIDENT
Trustee or director, Officer
10$675
JONATHON DODDSDIRECTOR
Trustee or director
10$300

Address and contacts

Address (IRS master file)
36 COUNTY ROAD 1120, BOONEVILLE, MS 38829-9797
In care of
% TONY CHRISTIAN
Principal officer (990 for 2024)
TONY CHRISTIAN, 36 COUNTY ROAD 1120, BOONEVILLE, MS 38829
Signed the 990
TONY CHRISTIAN, PRESIDENT
Phone
(662) 728-9830
Return prepared by
JONES AND JONES CPA OF BOON PA

Mission

WATER SERVICE TO THRASHER COMMUNITY

990 for the year ended July 31, 2025

Program accomplishments

  • WATER SERVICE TO THRASHER COMMUNITY
    Expenses $293,830 · revenue $2,736,308

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

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
23-7021479
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1968
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,196,000
Income (IRS master file)
$2,751,198

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$2,736,309$293,829$6,196,000XML
990July 2024$223,935$262,409$762,785XML
990July 2023$224,838$226,345$788,093XML
990July 2022$247,299$309,906$789,538IRS
990July 2021–––IRS
990July 2020–––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 23-7021479).

Questions about THRASHER WATER ASSOCIATION

What is the EIN of THRASHER WATER ASSOCIATION?
The employer identification number (EIN) of THRASHER WATER ASSOCIATION is 23-7021479.
Is THRASHER WATER ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1968.
Are donations to THRASHER WATER ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does THRASHER WATER ASSOCIATION 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 THRASHER WATER ASSOCIATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THRASHER WATER ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of THRASHER WATER ASSOCIATION?
The 990 for the year ended July 31, 2025 names TONY CHRISTIAN.
Who are the officers and directors of THRASHER WATER ASSOCIATION?
The 990 for the year ended July 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does THRASHER WATER ASSOCIATION have?
On its 990 for the year ended July 31, 2025 it reported revenue of $2,736,309, expenses of $293,829 and total assets of $6,196,000 at year end.

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