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Nonprofit · EIN 59-1111129

ISLAND WATER ASSOCIATION INC

Tax-exempt · SANIBEL, FL 33957

Financials

$8.3M$6.9M2023$7.3M$7.7M2024
Revenue Expenses · by fiscal year end
Financials of ISLAND WATER ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,327,377$7,739,244-$411,867$39,397,405$1,656,135$37,741,270
December 31, 2023990$8,339,546$6,858,784$1,480,762$39,643,837$1,520,781$38,123,056
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$197,505
Program service revenue
$7,115,715
Investment income
-$771,779
Net gain from sales of assets
-$1,142,327
Other revenue
$785,936

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$406,967
Other salaries and wages
$2,227,298
Salaries, compensation and benefits (total)
$3,447,788
Professional fundraising fees
$0
Legal fees
$1,173
Accounting fees
$47,808
Travel
$90,307
Depreciation
$1,349,025
Program services (functional)
$6,017,822
Management and general (functional)
$1,721,422

Balance sheet and other

Total assets, start of year
$39,643,837
Total assets, end of year
$39,397,405
Total liabilities, end of year
$1,656,135
Net assets, end of year
$37,741,270
Land, buildings and equipment
$27,401,303
Publicly traded securities
$8,039,656
Gross receipts
$18,412,704
Employees
36
Volunteers
6
Year formed
1965
State of legal domicile
FL

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 / weekCompensationOther / benefits
DIANA WILSONGENERAL MANAGER
Officer
40$223,130$55,225
PATRICK HENRYPRODUCTION MANAGER
Highest-paid employee
40$140,036$38,817
THEODORE BROWNCONSTRUCTION COORDINATOR
Highest-paid employee
40$105,176$25,870
STEVEN DOVERCONTROLLER/BUSINESS MANAGER
Officer
40$97,617$30,995
MIKE BORISPRESIDENT
Trustee or director, Officer
5$0$0
KATHLEEN SERGEANTVICE PRESIDENT/SECRETARY
Trustee or director, Officer
3$0$0
JOHN SCHMIDLINVICE PRESIDENT/TREASURER
Trustee or director, Officer
3$0$0
DONALD RICEVICE PRESIDENT THRU 04/24
Trustee or director, Officer
2$0$0
LAURA DEBRUCEVICE PRESIDENT
Trustee or director, Officer
2$0$0
MARK KOELMELVICE PRESIDENT
Trustee or director, Officer
2$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
DIANA WILSONGENERAL MANAGER
Officer
40$204,810$51,443
PATRICK HENRYPRODUCTION MANAGER
Highest-paid employee
40$133,732$37,015
THEODORE BROWNCONSTRUCTION COORDINATOR
Highest-paid employee
40$101,132$23,290
STEVEN DOVERCONTROLLER AS OF 3/2023
Officer
40$89,500$29,129
MICHAEL KRAFTCONTROLLER THRU 3/2023
Officer
40$25,402$11,294
JEFFREY SPRINGERPRESIDENT THRU 7/2023
Trustee or director, Officer
5$0$0
MIKE BORISVP/TREAS. THRU 7/23;PRES. AS OF 8/23
Trustee or director, Officer
5$0$0
KATHLEEN SERGEANTVICE PRESIDENT/SECRETARY
Trustee or director, Officer
3$0$0
DENNIS BERRYVICE PRESIDENT THRU 4/2023
Trustee or director, Officer
2$0$0
DONALD RICEVICE PRESIDENT
Trustee or director, Officer
2$0$0
JOHN SCHMIDLINVP AS OF 4/23; TREAS. AS OF 8/23
Trustee or director, Officer
3$0$0
LAURA DEBRUCEVICE PRESIDENT AS OF 8/2023
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
3651 SANIBEL CAPTIVA RD, SANIBEL, FL 33957-3050
Principal officer (990 for 2024)
DIANA WILSON, 3651 SANIBEL CAPTIVA RD, SANIBEL, FL 33957
Signed the 990
DIANA WILSON, GENERAL MANAGER
Phone
(239) 472-1502
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

PROVIDE FOR THE PRODUCTION, TRANSMISSION AND DISTRIBUTION OF WATER TO COMMERCIAL AND RESIDENTIAL STRUCTURES ON SANIBEL AND CAPTIVA, TWO BARRIER ISLANDS LOCATED IN SOUTHWEST FLORIDA.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDES FOR THE PRODUCTION, TRANSMISSION AND DISTRIBUTION OF WATER TO THE BARRIER ISLANDS OF SANIBEL AND CAPTIVA. THE ASSOCIATION IS FRANCHISED BY LEE COUNTY AND THE CITY OF SANIBEL.
    Expenses $6,017,822 · revenue $7,115,715

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, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-1111129
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$39,803,074
Income (IRS master file)
$8,996,464

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,327,377$7,739,244$39,397,405XML
990December 2023$8,339,546$6,858,784$39,643,837XML
990December 2022$6,984,257$6,858,531$39,042,649IRS
990December 2021$8,170,096$6,167,742$37,970,400IRS
990December 2020–––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 59-1111129).

Questions about ISLAND WATER ASSOCIATION INC

What is the EIN of ISLAND WATER ASSOCIATION INC?
The employer identification number (EIN) of ISLAND WATER ASSOCIATION INC is 59-1111129.
Is ISLAND WATER ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1966.
Are donations to ISLAND WATER ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ISLAND 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 ISLAND 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 ISLAND WATER ASSOCIATION INC 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 ISLAND WATER ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names DIANA WILSON.
Who are the officers and directors of ISLAND WATER ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 10 people; 4 received compensation from the organization, the highest $223,130 (DIANA WILSON, GENERAL MANAGER).
How much revenue does ISLAND WATER ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,327,377, expenses of $7,739,244 and total assets of $39,397,405 at year end.

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