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Nonprofit · EIN 25-1342973

MOUNTAIN WATER ASSOCIATION

Tax-exempt · FAIRCHANCE, PA 15436

Financials

$1M$1.1M2023$1.1M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of MOUNTAIN WATER ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,134,296$1,251,649-$117,353$2,698,574$21,996$2,676,578
December 31, 2023990$1,023,368$1,094,741-$71,373$2,848,965$55,034$2,793,931
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,119,082
Investment income
$14,398
Other revenue
$816

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$155,534
Salaries, compensation and benefits (total)
$214,372
Professional fundraising fees
$0
Legal fees
$2,600
Accounting fees
$6,064
Occupancy
$18,938
Depreciation
$59,954

Balance sheet and other

Total assets, start of year
$2,848,965
Total assets, end of year
$2,698,574
Total liabilities, end of year
$21,996
Net assets, end of year
$2,676,578
Land, buildings and equipment
$2,196,875
Net assets without donor restrictions
$2,676,578
Gross receipts
$1,134,296
Employees
0
Volunteers
0
Year formed
1972
State of legal domicile
PA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
FRED CLOSEPRESIDENT
Trustee or director, Officer
1$0
STEVE BAKERVICE PRESIDENT
Trustee or director, Officer
1$0
RONALD DENNISSECRETARY/TREASURER
Trustee or director, Officer
1$0
GREG HEARNMEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
FRED CLOSEPRESIDENT
Trustee or director, Officer
1$0
STEVE BAKERVICE PRESIDENT
Trustee or director, Officer
1$0
RONALD DENNISSECRETARY/TREASURER
Trustee or director, Officer
1$0
GREG HEARNMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 297, FAIRCHANCE, PA 15436-0297
Principal officer (990 for 2024)
FRED CLOSE, POBOX 527, FAIRCHANCE, PA 15436
Signed the 990
FRED CLOSE, PRESIDENT
Phone
(724) 564-7510
Return prepared by
WILLIAM T GRIMM & ASSOCPC

Mission

TO PROVIDE WATER SERVICE AND MAINTENANCE TO LINES FOR COMMUNITY DESIGNATED.

990 for the year ended December 31, 2024

Program accomplishments

  • WATER MAINTENANCE AND SUPPLY WAS PROVIDED TO THE PRESCRIBED AREA

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
25-1342973
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,698,574
Income (IRS master file)
$1,134,296

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,134,296$1,251,649$2,698,574XML
990December 2023$1,023,368$1,094,741$2,848,965XML
990December 2022$884,158$912,305$2,881,273IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about MOUNTAIN WATER ASSOCIATION

What is the EIN of MOUNTAIN WATER ASSOCIATION?
The employer identification number (EIN) of MOUNTAIN WATER ASSOCIATION is 25-1342973.
Is MOUNTAIN WATER ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1997.
Are donations to MOUNTAIN WATER ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MOUNTAIN 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 MOUNTAIN WATER ASSOCIATION 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 MOUNTAIN WATER ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MOUNTAIN WATER ASSOCIATION?
The 990 for the year ended December 31, 2024 names FRED CLOSE.
Who are the officers and directors of MOUNTAIN WATER ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does MOUNTAIN WATER ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,134,296, expenses of $1,251,649 and total assets of $2,698,574 at year end.

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