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Nonprofit · EIN 35-1103388

FLOYDS KNOBS WATER COMPANY INC

Tax-exempt · FLOYDS KNOBS, IN 47119

Financials

$1.9M$1.7M2023$2M$1.8M2024$2M$2M2025
Revenue Expenses · by fiscal year end
Financials of FLOYDS KNOBS WATER COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,008,287$1,955,204$53,083$10,797,475$7,411,802$3,385,673
December 31, 2024990$1,951,730$1,833,875$117,855$10,907,342$7,578,952$3,328,390
December 31, 2023990$1,934,687$1,709,666$225,021$10,670,009$7,465,974$3,204,035
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,979,462
Investment income
$28,825
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$97,339
Other salaries and wages
$176,457
Salaries, compensation and benefits (total)
$308,032
Professional fundraising fees
$0
Legal fees
$5,687
Accounting fees
$28,050
Depreciation
$251,914

Balance sheet and other

Total assets, start of year
$10,907,342
Total assets, end of year
$10,797,475
Total liabilities, end of year
$7,411,802
Net assets, end of year
$3,385,673
Land, buildings and equipment
$9,154,910
Gross receipts
$2,008,287
Employees
5
Volunteers
0
Year formed
1961
State of legal domicile
IN

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
DANNY STANDIFORDGENERAL MANAGER
Officer
40$86,514
RICK MORGANPRESIDENT
Trustee or director, Officer
1$2,800
GAYLE PEARLSECRETARY/TREASURER
Trustee or director, Officer
1$1,625
MIKE SHEARERVICE PRESIDENT
Trustee or director, Officer
1$1,500
DAVID CULLDIRECTOR
Trustee or director
1$1,300
KIRK SHAFFERDIRECTOR
Trustee or director
1$1,200
RYAN PFEIFERDIRECTOR
Trustee or director
1$1,200
MARK AMMONSDIRECTOR
Trustee or director
1$1,200
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
DANNY STANDIFORDGENERAL MANAGER
Officer
40$80,301
RICK MORGANPRESIDENT
Trustee or director, Officer
1$2,450
MIKE SHEARERVICE PRESIDENT
Trustee or director, Officer
1$1,750
GAYLE PEARLSECRETARY/TREASURER
Trustee or director, Officer
1$1,625
KIRK SHAFFERDIRECTOR
Trustee or director
1$1,300
DAVID CULLDIRECTOR
Trustee or director
1$1,300
RYAN PFEIFERDIRECTOR
Trustee or director
1$1,200
MARK AMMONSDIRECTOR
Trustee or director
1$1,200
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
DANNY STANDIFORDGENERAL MANAGER
Officer
40$74,709
RICK MORGANPRESIDENT
Trustee or director
1$4,200
GAYLE PEARLSECRETARY/TREASURER
Trustee or director
1$1,625
MIKE SHEARERVICE PRESIDENT
Trustee or director
1$1,625
DAVID CULLDIRECTOR
Trustee or director
1$1,300
KIRK SHAFFERDIRECTOR
Trustee or director
1$1,200
RYAN PFEIFERDIRECTOR
Trustee or director
1$1,200
MARK AMMONSDIRECTOR
Trustee or director
1$1,200

Address and contacts

Address (IRS master file)
PO BOX 115, FLOYDS KNOBS, IN 47119-0115
Principal officer (990 for 2025)
RICK MORGAN, 744 HIGHLANDER POINT DRIVE, FLOYDS KNOBS, IN 47119
Signed the 990
RICK MORGAN, PRESIDENT
Phone
(812) 923-9040
Return prepared by
MONROE SHINE & CO INC CPA'S

Mission

AT FLOYDS KNOBS WATER COMPANY, INC., WE ARE COMMITTED TO PROVIDING SAFE, HIGH QUALITY WATER SERVICES TO OUR COMMUNITY, WHILE MAINTAINING A STANDARD OF EXCELLENCE IN CUSTOMER SERVICE AND ENVIRONMENTAL CONSERVATION.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDES METERED WATER SERVICE TO APPROXIMATELY 2,600 MEMBERS ON A COOPERATIVE BASIS.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1103388
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,797,475
Income (IRS master file)
$2,008,287

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,008,287$1,955,204$10,797,475XML
990December 2024$1,951,730$1,833,875$10,907,342XML
990December 2023$1,934,687$1,709,666$10,670,009XML
990December 2022$1,999,888$1,871,063$9,905,061IRS
990December 2021–––IRS
990December 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 35-1103388).

Questions about FLOYDS KNOBS WATER COMPANY INC

What is the EIN of FLOYDS KNOBS WATER COMPANY INC?
The employer identification number (EIN) of FLOYDS KNOBS WATER COMPANY INC is 35-1103388.
Is FLOYDS KNOBS WATER COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1971.
Are donations to FLOYDS KNOBS WATER COMPANY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FLOYDS KNOBS WATER COMPANY 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 FLOYDS KNOBS WATER COMPANY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FLOYDS KNOBS WATER COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FLOYDS KNOBS WATER COMPANY INC?
The 990 for the year ended December 31, 2025 names RICK MORGAN.
Who are the officers and directors of FLOYDS KNOBS WATER COMPANY INC?
The 990 for the year ended December 31, 2025 lists 8 people; 8 received compensation from the organization, the highest $86,514 (DANNY STANDIFORD, GENERAL MANAGER).
How much revenue does FLOYDS KNOBS WATER COMPANY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,008,287, expenses of $1,955,204 and total assets of $10,797,475 at year end.

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