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Nonprofit · EIN 64-0686776

INGOMAR WATER ASSOCIATION INC

Tax-exempt · NEW ALBANY, MS 38652

Financials

$703K$317K2023$1.6M$396K2024$707K$408K2025
Revenue Expenses · by fiscal year end
Financials of INGOMAR WATER ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990$707,301$408,380$298,921$5,060,961$1,108,377$3,952,584
March 31, 2025990$1,633,397$396,084$1,237,313$4,825,384$1,171,721$3,653,663
March 31, 2024990$703,080$316,742$386,338$3,812,742$1,396,392$2,416,350
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$148,333
of which government grants
$148,333
Program service revenue
$501,066
Investment income
$57,902
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$100,039
Salaries, compensation and benefits (total)
$108,115
Professional fundraising fees
$0
Accounting fees
$14,070
Occupancy
$36,110
Travel
$10,840
Depreciation
$127,794
Program services (functional)
$371,149
Management and general (functional)
$37,231

Balance sheet and other

Total assets, start of year
$4,825,384
Total assets, end of year
$5,060,961
Total liabilities, end of year
$1,108,377
Net assets, end of year
$3,952,584
Land, buildings and equipment
$3,342,393
Gross receipts
$707,301
Employees
4
Year formed
1972
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 March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
Mike BrowningVice President
Trustee or director
1$0
Tom HaynesPresident
Trustee or director
2$0
Sonny CorneliusBoard Member
Trustee or director
1$0
Johnny ThompsonBoard Member
Trustee or director
1$0
John WeedenSec/Treas
Trustee or director
2$0
990 for the year ended March 31, 2025: 5 people
NameTitleHours / weekCompensation
Mike BrowningVice President
Trustee or director
1$0
Tom HaynesPresident
Trustee or director
2$0
Sonny CorneliusBoard Member
Trustee or director
1$0
Johnny ThompsonBoard Member
Trustee or director
1$0
John WeedenSec/Treas
Trustee or director
2$0
990 for the year ended March 31, 2024: 5 people
NameTitleHours / weekCompensation
Mike BrowningVice President
Trustee or director
1$0
Tom HaynesPresident
Trustee or director
2$0
Sonny CorneliusBoard Member
Trustee or director
1$0
Johnny ThompsonBoard Member
Trustee or director
1$0
John WeedenSec/Treas
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1409 COUNTY ROAD 101, NEW ALBANY, MS 38652-9735
In care of
% JOHN F WEEDEN
Signed the 990
John Weeden, Treasurer
Phone
(662) 534-3335
Return prepared by
JACKSON AND CREIGHTON PA

Mission

Provide water to rural customers

990 for the year ended March 31, 2026

Program accomplishments

  • Provided water to 1,083 rural customers
    Expenses $371,149 · revenue $501,066

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

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990 on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
64-0686776
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
2004
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,060,961
Income (IRS master file)
$707,301

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026$707,301$408,380$5,060,961IRS
990March 2025$1,633,397$396,084$4,825,384IRS
990March 2024$703,080$316,742$3,812,742XML
990March 2023$379,865$306,681$3,186,546IRS
990March 2022–––IRS
990March 2021–––IRS
990March 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 64-0686776).

Questions about INGOMAR WATER ASSOCIATION INC

What is the EIN of INGOMAR WATER ASSOCIATION INC?
The employer identification number (EIN) of INGOMAR WATER ASSOCIATION INC is 64-0686776.
Is INGOMAR WATER ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2004.
Are donations to INGOMAR WATER ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INGOMAR 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 INGOMAR WATER ASSOCIATION INC due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INGOMAR WATER ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2026.
Who are the officers and directors of INGOMAR WATER ASSOCIATION INC?
The 990 for the year ended March 31, 2026 lists 5 people; 0 received compensation from the organization.
How much revenue does INGOMAR WATER ASSOCIATION INC have?
On its 990 for the year ended March 31, 2026 it reported revenue of $707,301, expenses of $408,380 and total assets of $5,060,961 at year end.

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