Nonprofit · EIN 47-5519384
DAYBREAK WATER COMPANY
Tax-exempt · SOUTH JORDAN, UT 84009
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,558,758 | $1,996,164 | -$437,406 | $7,124,893 | $61,625 | $7,063,268 |
| December 31, 2024 | 990 | $1,118,000 | $1,004,643 | $113,357 | $7,642,672 | $141,998 | $7,500,674 |
| December 31, 2023 | 990 | $1,113,352 | $1,234,275 | -$120,923 | $7,537,673 | $213,715 | $7,323,958 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,547,920
- Investment income
- $10,838
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,750
- Travel
- $5,556
- Depreciation
- $185,548
- Program services (functional)
- $1,615,672
- Management and general (functional)
- $380,492
Balance sheet and other
- Total assets, start of year
- $7,642,672
- Total assets, end of year
- $7,124,893
- Total liabilities, end of year
- $61,625
- Net assets, end of year
- $7,063,268
- Land, buildings and equipment
- $2,674,569
- Gross unrelated business income
- $90,177
- Gross receipts
- $1,558,758
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- UT
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brady Heaps | Treasurer Trustee or director, Officer | 1 | $0 |
| Tyson Taft | Secretary Trustee or director, Officer | 1 | $0 |
| Vagner Soares | President Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Flint | Treasurer Trustee or director, Officer | 2 | $0 |
| Tyson Taft | Secretary Trustee or director, Officer | 2 | $0 |
| Vagner Soares | President Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Flint | Treasurer Trustee or director, Officer | 2 | $0 |
| Tyson Taft | Secretary Trustee or director, Officer | 2 | $0 |
| Sarah Starkey | President Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 11274 S KESTRAL RISE RD, SOUTH JORDAN, UT 84009-8266
- In care of
- % STEVE SCHNOOR
- Principal officer (990 for 2025)
- Vagner Soares, 4700 Daybreak Parkway, South Jordan, UT 84009
- Signed the 990
- Vagner Soares, President
- Phone
- (801) 254-8062
- Return prepared by
- Squire & Company PC
Mission
To acquire and/or construct, develop, maintain, and operate a secondary water system for the benefit of its members/shareholders within the master planned community of Daybreak in South Jordan, UT.
Program accomplishments
- Maintains and operates secondary water system for the benefit of its members/shareholders.Expenses $1,388,071 · revenue $1,457,743
- Per license agreement with Kennecott Utah Copper, LLC (KUC, LLC), Daybreak Water Company provides use of the treatment plant facilities to treat water owned by KUC, LLC and delivered to its business operations. Per the agreement, KUC, LLC pays to Daybreak Water Company all costs incurred that are attributed to Daybreak Water Company's operation of the treatment plant facilities for the benefit of KUC, LLC.Expenses $227,601
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5519384
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W80)
- Assets (IRS master file)
- $7,124,893
- Income (IRS master file)
- $1,558,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,558,758 | $1,996,164 | $7,124,893 | XML |
| 990 | December 2024 | $1,118,000 | $1,004,643 | $7,642,672 | IRS |
| 990 | December 2023 | $1,113,352 | $1,234,275 | $7,537,673 | XML |
| 990 | December 2022 | $1,047,607 | $1,212,630 | $7,811,940 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 47-5519384).
Questions about DAYBREAK WATER COMPANY
- What is the EIN of DAYBREAK WATER COMPANY?
- The employer identification number (EIN) of DAYBREAK WATER COMPANY is 47-5519384.
- Is DAYBREAK WATER COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2016.
- Are donations to DAYBREAK WATER COMPANY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DAYBREAK WATER COMPANY 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 DAYBREAK WATER COMPANY 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 DAYBREAK WATER COMPANY 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 DAYBREAK WATER COMPANY?
- The 990 for the year ended December 31, 2025 names Vagner Soares.
- Who are the officers and directors of DAYBREAK WATER COMPANY?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does DAYBREAK WATER COMPANY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,558,758, expenses of $1,996,164 and total assets of $7,124,893 at year end.
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