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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 71-0599391

LYDESDALE WATER ASSOCIATION INC

Tax-exempt · MAGNOLIA, AR 71754

Financials

$87K$87K2023$87K$67K2024
Revenue Expenses · by fiscal year end
Financials of LYDESDALE WATER ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$86,504$67,243$19,261$234,597$4,841$229,756
December 31, 2023990$87,237$87,027$210$208,494$10,236$198,258
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$86,480
Investment income
$24
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$760
Depreciation
$4,505

Balance sheet and other

Total assets, start of year
$208,494
Total assets, end of year
$234,597
Total liabilities, end of year
$4,841
Net assets, end of year
$229,756
Land, buildings and equipment
$95,758
Gross receipts
$86,504
Employees
0
Volunteers
0
Year formed
1983
State of legal domicile
AR

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.

NameTitleHours / weekCompensation
TOMMY JACKSCHAIRMAN OF THE BOARD
Trustee or director, Officer
2$0
JIMMY WILSONVICE CHAIRMAN
Trustee or director, Officer
2$0
KEVIN MILLERBOARD MEMBER
Trustee or director
2$0
DAVID DANIELBOARD MEMBER
Trustee or director
2$0
CHRIS EVANSBOARD MEMBER
Trustee or director
2$0
BARBARA STAGGSBOARD MEMBER
Trustee or director
2$0
ANDREW MOFFETTBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
TOMMY JACKSCHAIRMAN OF THE BOARD
Trustee or director, Officer
2$0
ROY MILLERVICE CHAIRMAN
Trustee or director, Officer
2$0
RICKY WILSONBOARD MEMBER
Trustee or director
2$0
DAVID DANIELBOARD MEMBER
Trustee or director
2$0
CHRIS EVANSBOARD MEMBER
Trustee or director
2$0
BARBARA STAGGSBOARD MEMBER
Trustee or director
2$0
JIMMY WILSONBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 724, MAGNOLIA, AR 71754-0724
Principal officer (990 for 2024)
TOMMY JACKS, 80 COLUMBIA 49, STEPHENS, AR 71764
Signed the 990
TOMMY JACKS, CHAIRMAN OF THE BOARD
Phone
(870) 596-2634
Return prepared by
PARKS & COMPANY PLC

Mission

TO CONSTRUCT, MAINTAIN AND OPERATE A WATER DISTIBUTION SYSTEM FOR ITS MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE POTABLE WATER TO THE LYDESDALE COMMUNITY AND 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-EZ for LYDESDALE WATER ASSOCIATION INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
71-0599391
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$234,597
Income (IRS master file)
$86,504

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$86,504$67,243$234,597XML
990December 2023$87,237$87,027$208,494XML
990December 2022$78,898$88,482$208,377IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 71-0599391).

Questions about LYDESDALE WATER ASSOCIATION INC

What is the EIN of LYDESDALE WATER ASSOCIATION INC?
The employer identification number (EIN) of LYDESDALE WATER ASSOCIATION INC is 71-0599391.
Is LYDESDALE WATER ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2009.
Are donations to LYDESDALE WATER ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LYDESDALE 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 LYDESDALE WATER ASSOCIATION 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 LYDESDALE WATER ASSOCIATION 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 LYDESDALE WATER ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names TOMMY JACKS.
Who are the officers and directors of LYDESDALE WATER ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does LYDESDALE WATER ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $86,504, expenses of $67,243 and total assets of $234,597 at year end.

Other nonprofits in MAGNOLIA

All nonprofits in MAGNOLIA · Arkansas · Mutual and membership benefit