Nonprofit · EIN 61-1262016
WATERSTEP INC
Tax-exempt · LOUISVILLE, KY 40208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,687,454 | $2,627,375 | $60,079 | $2,691,372 | $384,746 | $2,306,626 |
| December 31, 2023 | 990 | $2,771,573 | $1,931,063 | $840,510 | $2,568,288 | $321,741 | $2,246,547 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,563,351
- Program service revenue
- $0
- Investment income
- $24,844
- Net rental income
- $37,800
- Net income from fundraising events
- $44,690
- Net income from sales of inventory
- $1,009,849
- Other revenue
- $1,099,259
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $205,579
- Other salaries and wages
- $1,011,610
- Salaries, compensation and benefits (total)
- $1,364,569
- Professional fundraising fees
- $0
- Accounting fees
- $23,993
- Occupancy
- $38,770
- Travel
- $106,618
- Depreciation
- $107,533
- Program services (functional)
- $1,983,911
- Management and general (functional)
- $313,691
- Fundraising (functional)
- $329,773
Balance sheet and other
- Total assets, start of year
- $2,568,288
- Total assets, end of year
- $2,691,372
- Total liabilities, end of year
- $384,746
- Net assets, end of year
- $2,306,626
- Land, buildings and equipment
- $1,120,406
- Net assets without donor restrictions
- $2,035,742
- Net assets with donor restrictions
- $270,884
- Gross receipts
- $3,139,929
- Employees
- 22
- Volunteers
- 2,000
- Year formed
- 1995
- 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 | Other / benefits |
|---|---|---|---|---|
| MARK HOGG | CEO & FOUNDER Officer | 40 | $110,000 | $18,179 |
| SHERRI HAMILTON | FINANCE DIRECTOR Officer | 40 | $69,447 | $7,953 |
| RAHUL BAWA | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ERIKA BROWN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LARRY SNYDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| GARRISON COX | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| VAUGHN BELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GREG HEITZMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHELSEA RUEFF | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RAY DICKISON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHARISE HORNE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NATALIE RIDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEITH PHILLIPS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK KIRCHDORFER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT HANER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEREMY RANEY | BOARD MEMBER Trustee or director | 1 | $0 |
| BILL ZOELLER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK HOGG | CEO & FOUNDER Trustee or director, Officer | 40 | $87,378 | $16,658 |
| SARAH YODER | DIRECTOR OF FINANCE PARTIAL YR Officer | 40 | $69,930 | $0 |
| RAHUL BAWA | PRESIDENT, CEO Trustee or director, Officer | 1 | $0 | $0 |
| DR SAM YARED | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LARRY SNYDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VAUGHN BELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIKA BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTIAN CONDIT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RAY DICKISON JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SIMON FLOYD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHARISE HORNE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GREG HEITZMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NATALIE RIDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHELSEA RUEFF | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICK SCHARDEIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOUG WEAVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GARRISON COX | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KEITH PHILLIPS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 625 MYRTLE ST, LOUISVILLE, KY 40208-2241
- In care of
- % AHEAD INC
- Principal officer (990 for 2024)
- MARK HOGG, 625 MYRTLE STREET, LOUISVILLE, KY 40208
- Signed the 990
- MARK HOGG, CHIEF EXECUTIVE OFFICER
- Phone
- (502) 568-6342
- Website
- WWW.WATERSTEP.ORG
- Return prepared by
- LBMC PC
Mission
WATERSTEP FOCUSES ON PROVIDING SAFE WATER, SANITATION, AND HYGIENE SOLUTIONS TO COMMUNITIES IN NEED AROUND THE WORLD. ITS MISSION IS ROOTED IN THE BELIEF THAT SAFE WATER IS A BASIC HUMAN RIGHT AND A CRITICAL FOUNDATION FOR HEALTH, EDUCATION, AND ECONOMIC DEVELOPMENT.
Program accomplishments
- IN 2024, WATERSTEP ADVANCED ITS MISSION TO SAVE LIVES THROUGH SAFE WATER BY EQUIPPING COMMUNITIES WITH SUSTAINABLE TOOLS, TRAINING, AND TECHNOLOGIES. THROUGH THE DEPLOYMENT OF MORE THAN 107 WATER PURIFICATION SYSTEMS AND 328 BLEACHMAKERS, THE REPAIR OF 11 BROKEN WELLS, AND HYGIENE TRAINING FOR OVER 523 LOCAL LEADERS, WATERSTEP HELPED PROVIDE SAFE WATER AND SANITATION TO AN ESTIMATED 3.3+ MILLION PEOPLE ACROSS 17 COUNTRIES. BY FOCUSING ON SCALABLE SOLUTIONS AND COMMUNITY EMPOWERMENT, WATERSTEP ENSURES LONG-TERM IMPACT, IMPROVING HEALTH OUTCOMES AND RESTORING DIGNITY IN SOME OF THE WORLD'S MOST VULNERABLE REGIONS. ADDITIONALLY, 33 WOW CARTS WERE SOLD, FURTHER EXTENDING WATERSTEP'S REACH AND IMPACT.Expenses $1,983,911 · revenue $1,016,769
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
- 61-1262016
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O55)
- Assets (IRS master file)
- $2,691,372
- Income (IRS master file)
- $3,139,929
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,687,454 | $2,627,375 | $2,691,372 | XML |
| 990 | December 2023 | $2,771,573 | $1,931,063 | $2,568,288 | XML |
| 990 | December 2022 | $1,552,530 | $1,546,842 | $1,745,176 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 61-1262016).
Questions about WATERSTEP INC
- What is the EIN of WATERSTEP INC?
- The employer identification number (EIN) of WATERSTEP INC is 61-1262016.
- Is WATERSTEP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to WATERSTEP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERSTEP 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 WATERSTEP INC 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 WATERSTEP 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 WATERSTEP INC?
- The 990 for the year ended December 31, 2024 names MARK HOGG.
- Who are the officers and directors of WATERSTEP INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 2 received compensation from the organization, the highest $110,000 (MARK HOGG, CEO & FOUNDER).
- How much revenue does WATERSTEP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,687,454, expenses of $2,627,375 and total assets of $2,691,372 at year end.
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