Nonprofit · EIN 23-7111754
Y-SQUALICUM WATER ASSOCIATION INC
Tax-exempt · BELLINGHAM, WA 98228
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990-EZ | $113,703 | $41,663 | $72,040 | $387,880 | – | $387,880 |
Financial details: 990-EZ for the year ended March 31, 2025
Revenue
- Program service revenue
- $108,512
- Investment income
- $5,191
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $19,188
- Occupancy
- $15,838
- Printing, publications and postage
- $3,197
- Other expenses
- $3,440
Balance sheet and other
- Total assets, start of year
- $315,840
- Total assets, end of year
- $387,880
- Total liabilities, end of year
- –
- Net assets, end of year
- $387,880
- Cash, savings and investments
- $373,618
- Gross receipts
- $113,703
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ole Espeland | President | 2 | $0 |
| Marty Kutschbach | Vice President | 1 | $0 |
| Matt Maloley | Trustee | 1 | $0 |
| Joan Moline | Trustee | 2 | $0 |
| Keven Solvik | Trustee | 1 | $0 |
| Tim Unger | Trustee | 1 | $0 |
| Larry Watson | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 30966, BELLINGHAM, WA 98228-2966
- In care of
- % GEAN CRESS
- Mailing address (990-N for 2023)
- PO Box 30966, Bellingham WA 98228
- Principal officer (990-N for 2023)
- Ole Espeland, PO Box 30966, Bellingham WA 98228
- Signed the 990-EZ
- Ole Espeland, President
- Return prepared by
- Cook CPAs and Consultants PLLC
Mission
The organization provides water to those electing to receive it in the association's declared service area.
Program accomplishments
- Pump water from a single well to a holding tank to dispense water through water lines installed by the association.
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-EZ on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-N on file |
IRS record
- EIN
- 23-7111754
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $387,880
- Income (IRS master file)
- $113,703
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | March 2025 | $113,703 | $41,663 | $387,880 | XML |
| 990-N for 2023 Officer: Ole Espeland | March 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Ole Espeland | March 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Ole Espeland | March 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Randy Moa | March 31, 2020 | ≤ $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 23-7111754).
Questions about Y-SQUALICUM WATER ASSOCIATION INC
- What is the EIN of Y-SQUALICUM WATER ASSOCIATION INC?
- The employer identification number (EIN) of Y-SQUALICUM WATER ASSOCIATION INC is 23-7111754.
- Is Y-SQUALICUM WATER ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1971.
- Are donations to Y-SQUALICUM WATER ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does Y-SQUALICUM WATER ASSOCIATION 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 Y-SQUALICUM WATER ASSOCIATION INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did Y-SQUALICUM WATER ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended March 2025.
- Who is the principal officer of Y-SQUALICUM WATER ASSOCIATION INC?
- The 990-N for 2023 names Ole Espeland.
- Who are the officers and directors of Y-SQUALICUM WATER ASSOCIATION INC?
- The 990-EZ for the year ended March 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does Y-SQUALICUM WATER ASSOCIATION INC have?
- On its 990-EZ for the year ended March 31, 2025 it reported revenue of $113,703, expenses of $41,663 and total assets of $387,880 at year end.
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