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Nonprofit · EIN 56-0945349

BROADWAY WATER ASSOCIATION INC

Tax-exempt · N WILKESBORO, NC 28659

Financials

$574K$503K2023$605K$527K2024$673K$525K2025
Revenue Expenses · by fiscal year end
Financials of BROADWAY WATER ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$673,070$525,346$147,724$2,369,980$314,963$2,055,017
December 31, 2024990 (amended)$604,677$526,849$77,828$2,214,468$305,600$1,908,868
December 31, 2023990 (amended)$573,952$502,583$71,369$2,070,709$241,052$1,829,657
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$613,013
Investment income
$60,057
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$100,475
Salaries, compensation and benefits (total)
$100,475
Professional fundraising fees
$0
Accounting fees
$2,658
Travel
$3,468
Depreciation
$82,460
Program services (functional)
$525,346

Balance sheet and other

Total assets, start of year
$2,214,468
Total assets, end of year
$2,369,980
Total liabilities, end of year
$314,963
Net assets, end of year
$2,055,017
Land, buildings and equipment
$1,176,829
Net assets with donor restrictions
$2,055,017
Gross receipts
$673,070
Employees
0
State of legal domicile
NC

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
EDWARD BAUGUESSPRESIDENT
Trustee or director, Officer
2$0
TED HAYESSECRETARY
Trustee or director, Officer
2$0
KEITH MAYBERRYVICE PRESIDENT
Trustee or director, Officer
2$0
JAY HARRIS JRDIRECTOR
Trustee or director
2$0
GENE ROTENDIRECTOR
Trustee or director
2$0
ROGER ABSHERDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
EDWARD BAUGUESSPRESIDENT
Trustee or director, Officer
0$0
TED HAYESSECRETARY
Trustee or director, Officer
0$0
KEITH MAYBERRYVICE PRESIDENT
Trustee or director, Officer
0$0
JAY HARRIS JRDIRECTOR
Trustee or director
0$0
JOYCE PARKERTREASURER
Trustee or director, Officer
0$0
GENE ROTENDIRECTOR
Trustee or director
0$0
ROGER ABSHERDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
EDWARD BAUGUESSPRESIDENT
Trustee or director, Officer
–$0
TED HAYESSECRETARY
Trustee or director, Officer
–$0
KEITH MAYBERRYVICE PRESIDENT
Trustee or director, Officer
–$0
JAY HARRIS JRDIRECTOR
Trustee or director
–$0
JOYCE PARKERTREASURER
Trustee or director, Officer
–$0
GENE ROTENDIRECTOR
Trustee or director
–$0
ROGER ABSHERDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
2056 STATESVILLE RD, N WILKESBORO, NC 28659-4736
In care of
% EDWARD BAUGUESS
Principal officer (990 for 2025)
EDWARD BAUGUESS, 2056 STATESVILLE ROAD, NORTH WILKESBORO, NC 28659
Signed the 990
EDWARD BAUGUESS, cfo
Phone
(336) 667-1483
Return prepared by
DAVE V JOHN LLC

Mission

TO PROVIDE WATER TO THE RURAL COMMUNITY OF BROADWAY IN WILKES COUNTY NORTH CAROLINA

990 for the year ended December 31, 2025

Program accomplishments

  • RURAL WATER SUPPLIER
    Expenses $525,346 · revenue $612,013

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
56-0945349
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)
$2,369,980
Income (IRS master file)
$673,070

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$673,070$525,346$2,369,980XML
990December 2024$604,677$526,849$2,214,468XML
990December 2023$573,952$502,583$2,070,709XML
990December 2022$542,653$470,497$1,988,712IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 56-0945349).

Questions about BROADWAY WATER ASSOCIATION INC

What is the EIN of BROADWAY WATER ASSOCIATION INC?
The employer identification number (EIN) of BROADWAY WATER ASSOCIATION INC is 56-0945349.
Is BROADWAY WATER ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1971.
Are donations to BROADWAY WATER ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BROADWAY 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 BROADWAY WATER ASSOCIATION 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 BROADWAY WATER ASSOCIATION 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 BROADWAY WATER ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names EDWARD BAUGUESS.
Who are the officers and directors of BROADWAY WATER ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does BROADWAY WATER ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $673,070, expenses of $525,346 and total assets of $2,369,980 at year end.

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