Nonprofit · EIN 59-1204602
GASPARILLA ISLAND WATER ASSOC INC
Tax-exempt · BOCA GRANDE, FL 33921
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $9,016,444 | $6,755,558 | $2,260,886 | $45,180,904 | $18,519,380 | $26,661,524 |
| September 30, 2024 | 990 | $8,527,221 | $6,079,247 | $2,447,974 | $43,286,980 | $19,058,721 | $24,228,259 |
| September 30, 2023 | 990 | $7,711,203 | $5,803,017 | $1,908,186 | $41,777,542 | $20,090,052 | $21,687,490 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $288,840
- of which government grants
- $288,840
- Program service revenue
- $8,232,840
- Investment income
- $444,655
- Net gain from sales of assets
- -$12,062
- Other revenue
- $50,109
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $200,477
- Other salaries and wages
- $1,328,955
- Salaries, compensation and benefits (total)
- $2,114,369
- Professional fundraising fees
- $0
- Legal fees
- $3,082
- Accounting fees
- $21,202
- Occupancy
- $476,053
- Depreciation
- $1,357,880
Balance sheet and other
- Total assets, start of year
- $43,286,980
- Total assets, end of year
- $45,180,904
- Total liabilities, end of year
- $18,519,380
- Net assets, end of year
- $26,661,524
- Land, buildings and equipment
- $33,855,636
- Gross receipts
- $9,028,506
- Employees
- 20
- Volunteers
- 0
- Year formed
- 1966
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RONALD L BOLTON | UTILITY DIRECTOR Officer | 40 | $193,265 | $21,815 |
| JERRY EDGERTON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM CALDWELL | VICE-PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PHILLIP ELBERT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MICHELLE PATENAUDE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTA SCULLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW FOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ASHLEY SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENNIS JOHNSTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK CAMPISANO | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RONALD L BOLTON | UTILITY DIRECTOR Officer | 40 | $166,134 | $33,419 |
| JERRY EDGERTON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ANDY DUNCAN | VICE-PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PHILLIP ELBERT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MICHELLE PATENAUDE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTA SCULLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ASHLEY SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACK HOLLIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENNIS JOHNSTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RONALD L BOLTON | UTILITY DIRECTOR Officer | 40 | $152,296 | $13,990 |
| WILLIAM CALDWELL | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| TOM COURTNEY | VICE-PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PHILLIP ELBERT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SUE SPURGEON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MICHELLE PATENAUDE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOB HEILMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY DUNCAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY EDGERTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF MCMILLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 310, BOCA GRANDE, FL 33921-0310
- Principal officer (990 for 2024)
- JERRY EDGERTON, POST OFFICE BOX 326, BOCA GRANDE, FL 33921
- Signed the 990
- JERRY EDGERTON, PRESIDENT
- Phone
- (941) 964-2423
- Return prepared by
- SUPLEE SHEA CRAMER & MILLER PA
Mission
TO CONSTRUCT, MAINTAIN, AND OPERATE A WATER SYSTEM FOR THE SUPPLYING OF WATER FOR DOMESTIC, COMMERICAL, AGRICULTURAL, INDUSTRIAL, AND OTHER PURPOSES TO ITS MEMBERS AND TO CONSTRUCT, MAINTAIN, AND OPERATE A SEWAGE DISPOSAL SYSTEM FOR THE USE AND BENEFIT OF ITS MEMBERS.
Program accomplishments
- THE ASSOCIATION PROVIDES WATER AND SEWER SERVICES TO APPROXIMATELY 1,788 USERS ON GASPARILLA ISLAND.
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 59-1204602
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $45,180,904
- Income (IRS master file)
- $9,028,506
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $9,016,444 | $6,755,558 | $45,180,904 | XML |
| 990 | September 2024 | $8,527,221 | $6,079,247 | $43,286,980 | XML |
| 990 | September 2023 | $7,711,203 | $5,803,017 | $41,777,542 | XML |
| 990 | September 2022 | $6,839,429 | $5,272,860 | $40,821,701 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 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 59-1204602).
Questions about GASPARILLA ISLAND WATER ASSOC INC
- What is the EIN of GASPARILLA ISLAND WATER ASSOC INC?
- The employer identification number (EIN) of GASPARILLA ISLAND WATER ASSOC INC is 59-1204602.
- Is GASPARILLA ISLAND WATER ASSOC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1969.
- Are donations to GASPARILLA ISLAND WATER ASSOC INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GASPARILLA ISLAND WATER ASSOC 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 GASPARILLA ISLAND WATER ASSOC INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GASPARILLA ISLAND WATER ASSOC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of GASPARILLA ISLAND WATER ASSOC INC?
- The 990 for the year ended September 30, 2025 names JERRY EDGERTON.
- Who are the officers and directors of GASPARILLA ISLAND WATER ASSOC INC?
- The 990 for the year ended September 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $193,265 (RONALD L BOLTON, UTILITY DIRECTOR).
- How much revenue does GASPARILLA ISLAND WATER ASSOC INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $9,016,444, expenses of $6,755,558 and total assets of $45,180,904 at year end.
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