Nonprofit · EIN 61-1039994
WEST LAUREL WATER ASSOCIATION
Tax-exempt · LONDON, KY 40743
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,120,545 | $3,096,114 | $1,024,431 | $8,139,430 | $2,873,790 | $5,265,640 |
| December 31, 2023 | 990 | $3,104,839 | $2,945,560 | $159,279 | $7,223,916 | $2,982,707 | $4,241,209 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $835,957
- of which government grants
- $835,957
- Program service revenue
- $3,155,438
- Investment income
- $28,913
- Other revenue
- $100,237
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $36,900
- Salaries, compensation and benefits (total)
- $39,820
- Professional fundraising fees
- $0
- Accounting fees
- $11,500
- Depreciation
- $287,666
- Program services (functional)
- $3,044,794
- Management and general (functional)
- $51,320
Balance sheet and other
- Total assets, start of year
- $7,223,916
- Total assets, end of year
- $8,139,430
- Total liabilities, end of year
- $2,873,790
- Net assets, end of year
- $5,265,640
- Land, buildings and equipment
- $6,424,476
- Gross receipts
- $4,120,545
- Employees
- 3
- Year formed
- 1970
- State of legal domicile
- KY
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN GILL | PRESIDENT Officer | 10 | $12,300 |
| MONTY TURNER | SECRETARY/TR Officer | 10 | $12,300 |
| JAY WILLIAMS | VICE-PRESIDE Officer | 10 | $12,300 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN GILL | PRESIDENT Officer | 10 | $12,300 |
| MONTY TURNER | SECRETARY/TREASURER Officer | 10 | $12,300 |
| JAY WILLIAMS | VICE PRESIDENT Officer | 10 | $12,300 |
Address and contacts
- Address (IRS master file)
- PO BOX 726, LONDON, KY 40743-0726
- Principal officer (990 for 2024)
- JOHN GILL
- Signed the 990
- DEWAYNE LEWIS, MANAGER
- Phone
- (606) 878-9420
- Return prepared by
- ABNER & COX PLLC
Mission
PROVIDE AND SELL POTABLE DRINKING WATER TO ITS MEMBERS BY CREATING A COMPLETE WATER SUPPLY AND DISTRIBUTION SYSTEM.
Program accomplishments
- PROVIDE AND SELL POTABLE DRINKING WATER TO ITS MEMBERS BY CREATING A COMPLETE WATER SUPPLY AND DISTRIBUTION SYSTEM.
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 | Not 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
- 61-1039994
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y22)
- Assets (IRS master file)
- $8,139,430
- Income (IRS master file)
- $4,120,545
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,120,545 | $3,096,114 | $8,139,430 | XML |
| 990 | December 2023 | $3,104,839 | $2,945,560 | $7,223,916 | XML |
| 990 | December 2022 | $2,881,649 | $2,824,435 | $7,161,296 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 61-1039994).
Questions about WEST LAUREL WATER ASSOCIATION
- What is the EIN of WEST LAUREL WATER ASSOCIATION?
- The employer identification number (EIN) of WEST LAUREL WATER ASSOCIATION is 61-1039994.
- Is WEST LAUREL WATER ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2010.
- Are donations to WEST LAUREL WATER ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WEST LAUREL WATER ASSOCIATION 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 WEST LAUREL WATER ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEST LAUREL WATER ASSOCIATION 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 WEST LAUREL WATER ASSOCIATION?
- The 990 for the year ended December 31, 2024 names JOHN GILL.
- Who are the officers and directors of WEST LAUREL WATER ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $12,300 (JOHN GILL, PRESIDENT).
- How much revenue does WEST LAUREL WATER ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,120,545, expenses of $3,096,114 and total assets of $8,139,430 at year end.
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