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Nonprofit · EIN 64-0433780

POWERS WATER ASSOCIATION

Tax-exempt (reinstated) · LAUREL, MS 39441

Financials

$514K$484K2023$532K$525K2024
Revenue Expenses · by fiscal year end
Financials of POWERS WATER ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$531,667$525,060$6,607$926,475$57,829$868,646
June 30, 2024990$513,649$483,595$30,054$910,162$48,123$862,039
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$530,265
Investment income
$1,402
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$64,295
Salaries, compensation and benefits (total)
$72,520
Professional fundraising fees
$0
Accounting fees
$12,550
Depreciation
$55,855
Program services (functional)
$525,060

Balance sheet and other

Total assets, start of year
$910,162
Total assets, end of year
$926,475
Total liabilities, end of year
$57,829
Net assets, end of year
$868,646
Land, buildings and equipment
$676,692
Gross receipts
$531,667
Employees
2
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALAN BRADLEYBoard Member
Trustee or director
0$0
ED RITCHEYBoard Member
Trustee or director
0$0
BOBBY HOLDERBoard Member
Trustee or director
0$0
ADRON PRESLEYPresident
Officer
0$0
KEBLE LUTERSecretary
Officer
0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
ALAN BRADLEYBoard Member
Trustee or director
0$0
PAUL THORNTONBoard Member
Trustee or director
0$0
BOBBY HOLDERBoard Member
Trustee or director
0$0
ADRON PRESLEYPresident
Officer
0$0
KEBLE LUTERSecretary
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 161, LAUREL, MS 39441-0161
Signed the 990
ADRON PRESLEY, President
Phone
(601) 428-0294
Return prepared by
MOLLOY - SEIDENBURG & CO PA

Mission

To provide water service to residential and commercial customers in the Powers and surrounding communities

990 for the year ended June 30, 2025

Program accomplishments

  • To provide water service to residential and commercial customers in the Powers and surrounding communities
    Expenses $525,060 · revenue $531,667

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
64-0433780
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C34)
Assets (IRS master file)
$926,475
Income (IRS master file)
$531,667

Revocation and reinstatement

Exemption revoked
November 15, 2010
Posted by the IRS
February 10, 2014
Reinstated
Effective August 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$531,667$525,060$926,475XML
990June 2024$513,649$483,595$910,162XML
990June 2023$481,741$455,839$885,825IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 64-0433780).

Questions about POWERS WATER ASSOCIATION

What is the EIN of POWERS WATER ASSOCIATION?
The employer identification number (EIN) of POWERS WATER ASSOCIATION is 64-0433780.
Is POWERS WATER ASSOCIATION tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective August 15, 2012.
Are donations to POWERS WATER ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does POWERS 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 POWERS WATER ASSOCIATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POWERS WATER ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of POWERS WATER ASSOCIATION?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does POWERS WATER ASSOCIATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $531,667, expenses of $525,060 and total assets of $926,475 at year end.

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