Nonprofit · EIN 23-7329442
WALLERVILLE WATER ASSN INC
Tax-exempt · NEW ALBANY, MS 38652
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $429,247 | $405,718 | $23,529 | $1,779,111 | $817,296 | $961,815 |
| September 30, 2024 | 990 | $429,130 | $393,735 | $35,395 | $1,772,842 | $834,556 | $938,286 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $412,741
- Investment income
- $16,506
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $5,348
- Other salaries and wages
- $15,095
- Salaries, compensation and benefits (total)
- $24,035
- Professional fundraising fees
- $0
- Accounting fees
- $5,308
- Depreciation
- $56,975
Balance sheet and other
- Total assets, start of year
- $1,772,842
- Total assets, end of year
- $1,779,111
- Total liabilities, end of year
- $817,296
- Net assets, end of year
- $961,815
- Land, buildings and equipment
- $1,056,488
- Net assets without donor restrictions
- $910,839
- Net assets with donor restrictions
- $50,976
- Gross receipts
- $429,247
- Employees
- 2
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Audrey Crane | Bookkeeper | 30 | $16,800 |
| Kevin McBrayer | President Trustee or director | 10 | $3,048 |
| Charles Sloan Jr | Vice President Trustee or director | 1 | $600 |
| Mike McCord | Vice President Trustee or director | 1 | $600 |
| Ray Hall | Secretary Trustee or director | 1 | $550 |
| Rickey Gaines | Vice President Trustee or director | 1 | $550 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Audrey Crane | Bookkeeper | 30 | $16,650 |
| Kevin McBrayer | President Trustee or director | 10 | $3,048 |
| Mike McCord | Director Trustee or director | 1 | $650 |
| Ray Hall | Secretary Trustee or director | 1 | $600 |
| Charles Sloan Jr | Vice President Trustee or director | 1 | $600 |
| Rickey Gaines | Director Trustee or director | 1 | $550 |
| Robert Henderson | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1534 COUNTY ROAD 107, NEW ALBANY, MS 38652-8413
- Signed the 990
- Kevin McBrayer, President
- Phone
- (662) 534-4147
- Return prepared by
- Eaton Babb & Smith PA
Mission
Rural utilities
Program accomplishments
- Water sales to rural residences
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 23-7329442
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1983
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,779,111
- Income (IRS master file)
- $429,247
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $429,247 | $405,718 | $1,779,111 | XML |
| 990 | September 2024 | $429,130 | $393,735 | $1,772,842 | XML |
| 990 | September 2023 | $403,116 | $390,593 | $1,752,918 | IRS |
| 990 | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 23-7329442).
Questions about WALLERVILLE WATER ASSN INC
- What is the EIN of WALLERVILLE WATER ASSN INC?
- The employer identification number (EIN) of WALLERVILLE WATER ASSN INC is 23-7329442.
- Is WALLERVILLE WATER ASSN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1983.
- Are donations to WALLERVILLE WATER ASSN INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WALLERVILLE WATER ASSN 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 WALLERVILLE WATER ASSN INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALLERVILLE WATER ASSN INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who are the officers and directors of WALLERVILLE WATER ASSN INC?
- The 990 for the year ended September 30, 2025 lists 6 people; 6 received compensation from the organization, the highest $16,800 (Audrey Crane, Bookkeeper).
- How much revenue does WALLERVILLE WATER ASSN INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $429,247, expenses of $405,718 and total assets of $1,779,111 at year end.
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