Nonprofit · EIN 64-0692612
FRIENDSHIP COMMUNITY WATER SYSTEM INC
Tax-exempt · MCCOMB, MS 39649
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $597,522 | $544,682 | $52,840 | $5,364,050 | $2,004,870 | $3,359,180 |
| December 31, 2024 | 990 | $507,446 | $523,449 | -$16,003 | $4,642,928 | $1,661,827 | $2,981,101 |
| December 31, 2023 | 990 | $509,002 | $423,911 | $85,091 | $3,753,546 | $1,713,575 | $2,039,971 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $567,366
- Investment income
- $10,926
- Other revenue
- $19,230
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $51,782
- Depreciation
- $138,372
Balance sheet and other
- Total assets, start of year
- $4,642,928
- Total assets, end of year
- $5,364,050
- Total liabilities, end of year
- $2,004,870
- Net assets, end of year
- $3,359,180
- Land, buildings and equipment
- $4,383,248
- Gross receipts
- $597,522
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1974
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAYNE BUSBY | PRESIDENT Trustee or director, Officer | 2 | $1,200 |
| LAVAUGHN HAMILTON | DIRECTOR Trustee or director | 1 | $1,200 |
| BOBBY MCKENNIS | VICE PRESIDENT Trustee or director, Officer | 2 | $1,200 |
| GENE NORMAN | DIRECTOR Trustee or director | 1 | $1,200 |
| FREDDIE J DEER | DIRECTOR Trustee or director | 1 | $1,200 |
| JANEKWA BROWN | SECRETARY Trustee or director, Officer | 2 | $1,200 |
| DEBBIE HERING | DIRECTOR Trustee or director | 1 | $1,200 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAYNE BUSBY | PRESIDENT Trustee or director, Officer | 2 | $1,200 |
| LAVAUGHN HAMILTON | DIRECTOR Trustee or director | 1 | $1,200 |
| BOBBY MCKENNIS | VICE PRESIDENT Trustee or director, Officer | 2 | $1,200 |
| GENE NORMAN | DIRECTOR Trustee or director | 1 | $1,200 |
| DOUGLAS J SWARTS | DIRECTOR Trustee or director | 1 | $1,200 |
| JANEKWA BROWN | SECRETARY Trustee or director, Officer | 2 | $1,200 |
| DEBBIE HERING | DIRECTOR Trustee or director | 1 | $1,200 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAYNE BUSBY | PRESIDENT Trustee or director, Officer | 2 | $1,200 |
| LAVAUGHN HAMILTON | DIRECTOR Trustee or director | 1 | $1,200 |
| BOBBY MCKENNIS | VICE PRESIDENT Trustee or director, Officer | 2 | $1,200 |
| GENE NORMAN | DIRECTOR Trustee or director | 1 | $1,200 |
| DOUGLAS J SWARTS | DIRECTOR Trustee or director | 1 | $1,200 |
| JANEKWA BROWN | SECRETARY Trustee or director, Officer | 2 | $1,200 |
| DANIEL HERING | DIRECTOR Trustee or director | 1 | $1,200 |
Address and contacts
- Address (IRS master file)
- PO BOX 872, MCCOMB, MS 39649-0872
- Principal officer (990 for 2025)
- WAYNE BUSBY, P O BOX 872, MCCOMB, MS 39649
- Signed the 990
- WAYNE BUSBY, PRESIDENT
- Phone
- (601) 249-3502
- Return prepared by
- JLG Public Accounting Inc
Mission
RURAL WATER ASSOCIATION
Program accomplishments
- PROVIDE CLEAN DRINKING WATER TO ASSOCIATION MEMBERS
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 | 990 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
- 64-0692612
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y22)
- Assets (IRS master file)
- $5,364,050
- Income (IRS master file)
- $597,522
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $597,522 | $544,682 | $5,364,050 | XML |
| 990 | December 2024 | $507,446 | $523,449 | $4,642,928 | XML |
| 990 | December 2023 | $509,002 | $423,911 | $3,753,546 | XML |
| 990 | December 2022 | $505,439 | $457,675 | $2,346,857 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 64-0692612).
Questions about FRIENDSHIP COMMUNITY WATER SYSTEM INC
- What is the EIN of FRIENDSHIP COMMUNITY WATER SYSTEM INC?
- The employer identification number (EIN) of FRIENDSHIP COMMUNITY WATER SYSTEM INC is 64-0692612.
- Is FRIENDSHIP COMMUNITY WATER SYSTEM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2014.
- Are donations to FRIENDSHIP COMMUNITY WATER SYSTEM INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FRIENDSHIP COMMUNITY WATER SYSTEM 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 FRIENDSHIP COMMUNITY WATER SYSTEM INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDSHIP COMMUNITY WATER SYSTEM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FRIENDSHIP COMMUNITY WATER SYSTEM INC?
- The 990 for the year ended December 31, 2025 names WAYNE BUSBY.
- Who are the officers and directors of FRIENDSHIP COMMUNITY WATER SYSTEM INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 7 received compensation from the organization, the highest $1,200 (WAYNE BUSBY, PRESIDENT).
- How much revenue does FRIENDSHIP COMMUNITY WATER SYSTEM INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $597,522, expenses of $544,682 and total assets of $5,364,050 at year end.
Other nonprofits in MCCOMB
- MAGNOLIA ELECTRIC POWER ASSOCIATION EIN 64-0195613 · last filed 990 for 2024
- ST LUKE FOUNDATION EIN 64-0902808 · last filed 990 for 2025
- JOSEPH C BANCROFT CHARITABLE & EDUCATIONAL FUND EIN 58-2340181 · last filed 990 for 2024
- PIKE SCHOOL CORP EIN 64-0503063 · last filed 990 for 2025
- PORTERS CREEK CORPORATION EIN 93-2602363 · last filed 990 for 2025
- HOMESTEAD COMMUNITY CLUB INC EIN 64-0440579 · last filed 990 for 2025
- ST ANDREWS MISSION EIN 64-0880295 · last filed 990 for 2024
- SOUTHWEST MISSISSIPPI OPPORTUNITY INC EIN 64-0433629 · last filed 990 for 2025
All nonprofits in MCCOMB · Mississippi · Mutual and membership benefit