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Nonprofit · EIN 91-0829530

SEVEN LAKES WATER ASSOC

Tax-exempt · STANWOOD, WA 98292

Financials

$1.2M$973K2022$1.2M$1.1M2023$1.3M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of SEVEN LAKES WATER ASSOC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$1,266,537$1,113,523$153,014$7,635,417$119,462$7,515,955
August 31, 2024990$1,165,969$1,110,419$55,550$7,470,710$107,769$7,362,941
August 31, 2023990$1,156,569$973,319$183,250$7,382,113$74,722$7,307,391
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,221,182
Investment income
$45,355
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$389,129
Salaries, compensation and benefits (total)
$485,326
Professional fundraising fees
$0
Accounting fees
$13,000
Travel
$6,688
Depreciation
$219,973
Program services (functional)
$918,246
Management and general (functional)
$195,277

Balance sheet and other

Total assets, start of year
$7,470,710
Total assets, end of year
$7,635,417
Total liabilities, end of year
$119,462
Net assets, end of year
$7,515,955
Land, buildings and equipment
$4,857,022
Gross receipts
$1,266,537
Employees
4
Volunteers
7
Year formed
1967
State of legal domicile
WA

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Keith KruegerPresident
Trustee or director, Officer
5$0
Leslie MagnusonVice President
Trustee or director, Officer
5$0
Laura LeuzeTreasurer
Trustee or director, Officer
5$0
JULIE DAVIDSecretary
Trustee or director, Officer
5$0
Mike HaneyTrustee
Trustee or director
5$0
Eric StarupTrustee
Trustee or director
5$0
CHARLIE COXTrustee
Trustee or director
5$0
990 for the year ended August 31, 2024: 7 people
NameTitleHours / weekCompensation
Keith KruegerPresident
Trustee or director, Officer
0.25$0
Leslie MagnusonVice President
Trustee or director, Officer
0.25$0
Laura LeuzeTreasurer
Trustee or director, Officer
0.25$0
JULIE DAVIDSecretary
Trustee or director, Officer
0.25$0
Mike HaneyTrustee
Trustee or director
0.25$0
Eric StarupTrustee
Trustee or director
0.25$0
CHARLIE COXTrustee
Trustee or director
0.25$0
990 for the year ended August 31, 2023: 7 people
NameTitleHours / weekCompensation
BRYAN GREGORYTrustee
Trustee or director
0.25$0
BRUCE HOLENPresident
Trustee or director, Officer
0.25$0
KEITH KRUEGERVice President
Trustee or director, Officer
0.25$0
KARRI CHASEPrior Treasurer
Trustee or director, Officer
0.25$0
MARC LEBEAUSecretary
Trustee or director, Officer
0.25$0
MARY JO LAKETrustee
Trustee or director
0.25$0
LESLIE MAGNUSONTreasurer
Trustee or director, Officer
0.25$0

Address and contacts

Address (IRS master file)
17505 W LAKE GOODWIN RD, STANWOOD, WA 98292-0000
Principal officer (990 for 2024)
Keith Kruger, same as C above, same as C above, WA 98292
Signed the 990
Leslie Magnuson, Vice President
Phone
(360) 652-8192

Mission

Our dedicated team delivers safe, clean drinking water at a reasonable price to the homes and businesses of our members.

990 for the year ended August 31, 2025

Program accomplishments

  • The Association provides water and related services to approximately 2,300 members.
    Expenses $918,246

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
91-0829530
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1992
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,635,417
Income (IRS master file)
$1,266,537

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$1,266,537$1,113,523$7,635,417XML
990August 2024$1,165,969$1,110,419$7,470,710XML
990August 2023$1,156,569$973,319$7,382,113XML
990August 2022$984,716$940,216$7,205,671IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 91-0829530).

Questions about SEVEN LAKES WATER ASSOC

What is the EIN of SEVEN LAKES WATER ASSOC?
The employer identification number (EIN) of SEVEN LAKES WATER ASSOC is 91-0829530.
Is SEVEN LAKES WATER ASSOC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1992.
Are donations to SEVEN LAKES WATER ASSOC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SEVEN LAKES WATER ASSOC 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 SEVEN LAKES WATER ASSOC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SEVEN LAKES WATER ASSOC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of SEVEN LAKES WATER ASSOC?
The 990 for the year ended August 31, 2025 names Keith Kruger.
Who are the officers and directors of SEVEN LAKES WATER ASSOC?
The 990 for the year ended August 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does SEVEN LAKES WATER ASSOC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $1,266,537, expenses of $1,113,523 and total assets of $7,635,417 at year end.

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