Nonprofit · EIN 59-1400103
WALLS WATER ASSOCIATION INC
Tax-exempt · WALLS, MS 38680
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 990 | $2,485,897 | $2,503,487 | -$17,590 | $12,983,363 | $2,680,352 | $10,303,011 |
| May 31, 2025 | 990 | $2,567,942 | $2,241,658 | $326,284 | $13,012,290 | $2,691,689 | $10,320,601 |
| May 31, 2024 | 990 | $2,362,924 | $2,163,117 | $199,807 | $12,659,595 | $2,665,278 | $9,994,317 |
Financial details: 990 for the year ended May 31, 2026
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,335,402
- Investment income
- $150,495
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $192,367
- Salaries, compensation and benefits (total)
- $210,440
- Professional fundraising fees
- $0
- Accounting fees
- $19,219
- Depreciation
- $629,563
- Program services (functional)
- $2,319,027
- Management and general (functional)
- $184,460
Balance sheet and other
- Total assets, start of year
- $13,012,290
- Total assets, end of year
- $12,983,363
- Total liabilities, end of year
- $2,680,352
- Net assets, end of year
- $10,303,011
- Land, buildings and equipment
- $7,558,584
- Net assets without donor restrictions
- $10,303,011
- Gross receipts
- $2,485,897
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1965
- State of legal domicile
- MS
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 May 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD JAMES | PRESIDENT Trustee or director, Officer | 10 | $8,875 |
| CINDY SCOTT | DIRECTOR Trustee or director | 1 | $2,675 |
| JAN KNIGHT | TREASURER Trustee or director, Officer | 1 | $2,575 |
| JAMES NORMAN | DIRECTOR Trustee or director | 1 | $2,500 |
| LEE MURPHY | VICE-PRESIDENT Trustee or director, Officer | 1 | $2,400 |
990 for the year ended May 31, 2025: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD JAMES | PRESIDENT Trustee or director, Officer | 10 | $8,125 |
| JAMES NORMAN | DIRECTOR Trustee or director | 1 | $1,900 |
| CINDY SCOTT | DIRECTOR Trustee or director | 1 | $1,900 |
| JAN KNIGHT | TREASURER Trustee or director, Officer | 1 | $1,825 |
| LEE MURPHY | VICE-PRESIDENT Trustee or director, Officer | 1 | $1,600 |
990 for the year ended May 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD JAMES | PRESIDENT Trustee or director, Officer | 10 | $7,225 |
| JAMES NORMAN | DIRECTOR Trustee or director | 1 | $1,980 |
| JAN KNIGHT | TREASURER Trustee or director, Officer | 1 | $1,900 |
| CINDY SCOTT | DIRECTOR Trustee or director | 1 | $1,900 |
| LEE MURPHY | VICE-PRESIDENT Trustee or director, Officer | 1 | $1,675 |
Address and contacts
- Address (IRS master file)
- 6200 GOODMAN RD, WALLS, MS 38680-8865
- Principal officer (990 for 2025)
- JAN KNIGHT, 6200 GOODMAN ROAD WEST, WALLS, MS 38680
- Signed the 990
- JAN KNIGHT, TREASURER
- Phone
- (662) 781-3722
- Return prepared by
- LBMC PC
Mission
TO PROVIDE QUALITY WATER SERVICES TO ITS MEMBERS AND TO EXPAND AND MAINTAIN THE WATER SYSTEM.
Program accomplishments
- THE ASSOCIATION PROVIDED WATER AND SEWER SERVICES TO ITS MEMBERS AND PROVIDED FOR EXPANSION AND MAINTENANCE OF THE SYSTEM.Expenses $2,319,027 · revenue $2,335,402
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | 990 on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 59-1400103
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $12,983,363
- Income (IRS master file)
- $2,485,897
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2026 | $2,485,897 | $2,503,487 | $12,983,363 | XML |
| 990 | May 2025 | $2,567,942 | $2,241,658 | $13,012,290 | XML |
| 990 | May 2024 | $2,362,924 | $2,163,117 | $12,659,595 | XML |
| 990 | May 2023 | $2,170,805 | $1,870,766 | $11,056,605 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | 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 59-1400103).
Questions about WALLS WATER ASSOCIATION INC
- What is the EIN of WALLS WATER ASSOCIATION INC?
- The employer identification number (EIN) of WALLS WATER ASSOCIATION INC is 59-1400103.
- Is WALLS WATER ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1995.
- Are donations to WALLS WATER ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WALLS 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 WALLS WATER ASSOCIATION INC due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALLS WATER ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2026.
- Who is the principal officer of WALLS WATER ASSOCIATION INC?
- The 990 for the year ended May 31, 2026 names JAN KNIGHT.
- Who are the officers and directors of WALLS WATER ASSOCIATION INC?
- The 990 for the year ended May 31, 2026 lists 5 people; 5 received compensation from the organization, the highest $8,875 (RONALD JAMES, PRESIDENT).
- How much revenue does WALLS WATER ASSOCIATION INC have?
- On its 990 for the year ended May 31, 2026 it reported revenue of $2,485,897, expenses of $2,503,487 and total assets of $12,983,363 at year end.
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