Nonprofit · EIN 86-0657637
GRANITE OAKS WATER USERS ASSOCIATION INC
Tax-exempt · PRESCOTT, AZ 86301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $273,507 | $316,453 | -$42,946 | $1,542,835 | $367,682 | $1,175,153 |
| December 31, 2024 | 990 | $265,894 | $280,621 | -$14,727 | $1,612,463 | $394,360 | $1,218,103 |
| December 31, 2023 | 990 | $268,390 | $242,878 | $25,512 | $1,460,888 | $228,058 | $1,232,830 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $266,732
- Investment income
- $5,281
- Other revenue
- $1,494
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $13,800
- Salaries, compensation and benefits (total)
- $14,901
- Professional fundraising fees
- $0
- Legal fees
- $31,761
- Accounting fees
- $27,225
- Depreciation
- $77,028
- Program services (functional)
- $234,333
- Management and general (functional)
- $82,112
Balance sheet and other
- Total assets, start of year
- $1,612,463
- Total assets, end of year
- $1,542,835
- Total liabilities, end of year
- $367,682
- Net assets, end of year
- $1,175,153
- Land, buildings and equipment
- $1,284,873
- Gross receipts
- $273,507
- Employees
- 1
- Year formed
- 1989
- State of legal domicile
- AZ
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 |
|---|---|---|---|
| BOB BUSCH | MANAGER Key employee, Highest-paid employee | 15 | $13,800 |
| JAY DEE SALE | DIRECTOR Trustee or director | 2 | $0 |
| MATT OLSEN | TREASURER Officer | 3 | $0 |
| DARYL MATHERN | SECRETARY Officer | 3 | $0 |
| KEN NELSON | PRESIDENT Officer | 3 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOB BUSCH | MANAGER Key employee, Highest-paid employee | 15 | $13,800 |
| JAY DEE SALE | DIRECTOR Trustee or director | 2 | $0 |
| MATT OLSEN | TREASURER Officer | 3 | $0 |
| DARYL MATHERN | SECRETARY Officer | 3 | $0 |
| KEN NELSON | PRESIDENT Officer | 3 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOB BUSCH | MANAGER Key employee, Highest-paid employee | 15 | $13,800 |
| JIM BRICKER | DIRECTOR Trustee or director | 2 | $0 |
| JAY DEE SALE | DIRECTOR Trustee or director | 2 | $0 |
| MATT OLSEN | VICE PRESIDENT Officer | 2 | $0 |
| DARYL MATHERN | SECRETARY Officer | 3 | $0 |
| KEN NELSON | PRESIDENT Officer | 3 | $0 |
| RON WEBER | TREASURER Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 302 W WILLIS ST STE 203, PRESCOTT, AZ 86301-3032
- Principal officer (990 for 2025)
- KEN NELSON, 8590 VALLEY OAK DRIVE, PRESCOTT, AZ 86305
- Signed the 990
- KEN NELSON, PRESIDENT
- Phone
- (928) 583-0655
- Return prepared by
- DRURY MARC SYLVESTER CPA PC
Mission
WATER USERS ASSOCIATION
Program accomplishments
- WATER USERS ASSOCIATIONExpenses $234,333
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
- 86-0657637
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,542,835
- Income (IRS master file)
- $273,507
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $273,507 | $316,453 | $1,542,835 | XML |
| 990 | December 2024 | $265,894 | $280,621 | $1,612,463 | XML |
| 990 | December 2023 | $268,390 | $242,878 | $1,460,888 | XML |
| 990 | December 2022 | $254,240 | $234,771 | $1,472,832 | 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 86-0657637).
Questions about GRANITE OAKS WATER USERS ASSOCIATION INC
- What is the EIN of GRANITE OAKS WATER USERS ASSOCIATION INC?
- The employer identification number (EIN) of GRANITE OAKS WATER USERS ASSOCIATION INC is 86-0657637.
- Is GRANITE OAKS WATER USERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1991.
- Are donations to GRANITE OAKS WATER USERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GRANITE OAKS WATER USERS 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 GRANITE OAKS WATER USERS ASSOCIATION 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 GRANITE OAKS WATER USERS ASSOCIATION 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 GRANITE OAKS WATER USERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names KEN NELSON.
- Who are the officers and directors of GRANITE OAKS WATER USERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $13,800 (BOB BUSCH, MANAGER).
- How much revenue does GRANITE OAKS WATER USERS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $273,507, expenses of $316,453 and total assets of $1,542,835 at year end.
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