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Hill Water Corporation

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.29M (2023)

Expenses
$1.57M (2023)

Total Assets
$23.5M (2023)

Total Liabilities
$14.4M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,285,100
Expenses
$1,572,505
Net Income
$712,595
Net Assets
$9,136,001
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,225,992
97.4%
Investment Income $46,858
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,250
0.3%
Net Fundraising $0
Sales of Assets $5,000
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $129,903
8.3%
Professional Fundraising Fees $0
Other Salaries and Wages $258,941
16.5%
Assets/Debt
Total Assets $23,511,447
Total Liabilities $14,375,446
Net Assets $9,136,001
Club or Co-Op Income
Income From Members $2,224,366
Income From Other Sources $55,734
Compensation
Key Employees and Officers Compensation Related Other
Herb Cook (General Manager) $114,603 $0 $0
Tim Standeford (Member) $3,600 $0 $0
Larry Long (Vice President) $3,600 $0 $0
Ron Wright (Secretary) $3,300 $0 $0
Daryl Swinney (Member) $2,400 $0 $0
Ross Holloway (President) $2,100 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,694,492
Expenses
$1,125,767
Net Income
$568,725
Net Assets
$8,376,399
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,678,355
99.0%
Investment Income $10
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,000
0.4%
Net Fundraising $0
Sales of Assets $10,127
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $117,525
10.4%
Professional Fundraising Fees $0
Other Salaries and Wages $243,426
21.6%
Assets/Debt
Total Assets $8,646,211
Total Liabilities $269,812
Net Assets $8,376,399
Club or Co-Op Income
Income From Members $1,673,614
Income From Other Sources $10,752
Compensation
Key Employees and Officers Compensation Related Other
Herb Cook (General Manager) $106,050 $0 $0
Tim Standeford (Member) $2,700 $0 $0
Larry Long (Vice President) $2,700 $0 $0
Ross Holloway (President) $2,475 $0 $0
Ron Wright (Secretary) $2,025 $0 $0
Daryl Swinney (Member) $1,350 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,330,387
Expenses
$1,127,099
Net Income
$203,288
Net Assets
$7,583,738
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,289,977
97.0%
Investment Income $157
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,200
0.5%
Net Fundraising $0
Sales of Assets $33,053
2.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $103,035
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $322,033
28.6%
Assets/Debt
Total Assets $7,990,983
Total Liabilities $407,245
Net Assets $7,583,738
Club or Co-Op Income
Income From Members $1,285,494
Income From Other Sources $11,840
Compensation
Key Employees and Officers Compensation Related Other
Larry Long (Vice President) $2,475 $0 $0
Tim Standeford (Member) $2,250 $0 $0
Ron Wright (Secretary) $2,250 $0 $0
Ross Holloway (President) $2,250 $0 $0
Daryl Swinney (Member) $1,575 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,224,013
Expenses
$1,082,702
Net Income
$141,311
Net Assets
$7,249,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,214,413
99.2%
Investment Income $150
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,950
0.6%
Net Fundraising $0
Sales of Assets $1,500
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $139,163
12.9%
Professional Fundraising Fees $0
Other Salaries and Wages $289,807
26.8%
Assets/Debt
Total Assets $7,257,855
Total Liabilities $8,600
Net Assets $7,249,255
Club or Co-Op Income
Income From Members $1,209,822
Income From Other Sources $14,191
Compensation
Key Employees and Officers Compensation Related Other
Kevin Smith (General Manager) $129,713 $0 $0
Tim Standeford (Member) $2,250 $0 $0
Ron Wright (Secretary) $2,025 $0 $0
Larry Long (Vice President) $2,025 $0 $0
Daryl Swinney (Member) $1,575 $0 $0
Ross Holloway (President) $1,575 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,201,973
Expenses
$1,088,050
Net Income
$113,923
Net Assets
$6,952,154
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,192,833
99.2%
Investment Income $125
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,600
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,415
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $134,294
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $321,465
29.5%
Assets/Debt
Total Assets $6,959,461
Total Liabilities $7,307
Net Assets $6,952,154
Club or Co-Op Income
Income From Members $1,191,502
Income From Other Sources $10,471
Compensation
Key Employees and Officers Compensation Related Other
Kevin Smith (General Manager) $134,294 $0 $0
Tim Standeford (Member) $2,925 $0 $0
Ross Holloway (President) $2,475 $0 $0
Larry Long (Vice President) $2,475 $0 $0
Ron Wright (Secretary) $2,025 $0 $0
Daryl Swinney (Member) $1,800 $0 $0

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Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,216,336
Expenses
$1,046,152
Net Income
$170,184
Net Assets
$6,621,777
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,197,687
98.5%
Investment Income $148
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,501
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $123,165
11.8%
Professional Fundraising Fees $0
Other Salaries and Wages $300,395
28.7%
Assets/Debt
Total Assets $6,728,198
Total Liabilities $106,421
Net Assets $6,621,777
Club or Co-Op Income
Income From Members $1,183,167
Income From Other Sources $14,668
Compensation
Key Employees and Officers Compensation Related Other
Kevin Smith (General Manager) $123,165 $0 $0
Tim Standeford (Member) $1,800 $0 $0
Larry Long (Vice President) $1,800 $0 $0
Ross Holloway (President) $1,650 $0 $0
Ron Wright (Secretary) $1,500 $0 $0
Daryl Swinnery (Member) $1,200 $0 $0
Greg Swinney (Member) $1,135 $0 $0
Monte Coate (Treasurer) $450 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,154,856
Expenses
$1,003,947
Net Income
$150,909
Net Assets
$6,413,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,147,741
99.4%
Investment Income $122
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,993
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $415,424
41.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,759,494
Total Liabilities $345,628
Net Assets $6,413,866
Club or Co-Op Income
Income From Members $1,148,484
Income From Other Sources $6,372
Compensation
Key Employees and Officers Compensation Related Other
Kevin Smith (General Manager) $125,910 $0 $0
Monte Coate (Treasurer) $1,800 $0 $0
Tim Standeford (Member) $1,650 $0 $0
Ross Holloway (President) $1,650 $0 $0
Boyd Head (Member) $1,350 $0 $0
Greg Swinney (Member) $1,350 $0 $0
Ron Wright (Secretary) $1,200 $0 $0
Larry Long (Vice President) $1,200 $0 $0
Daryl Swinnery (Member) $900 $0 $0
Kenny Wright (Member) $450 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,111,486
Expenses
$970,070
Net Income
$141,416
Net Assets
$6,236,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,104,137
99.3%
Investment Income $149
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,200
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $126,733
13.1%
Professional Fundraising Fees $0
Other Salaries and Wages $274,442
28.3%
Assets/Debt
Total Assets $6,698,503
Total Liabilities $462,009
Net Assets $6,236,494
Club or Co-Op Income
Income From Members $1,104,137
Income From Other Sources $7,349
Compensation
Key Employees and Officers Compensation Related Other
Kevin Smith (General Manager) $115,333 $0 $0
Tim Standeford (Member) $1,800 $0 $0
Alan Hornaday (President) $1,800 $0 $0
Monte Coate (Treasurer) $1,800 $0 $0
Kenny Wright (Secretary) $1,650 $0 $0
Ross Holloway (Vice President) $1,650 $0 $0
Greg Swinney (Member) $1,295 $0 $0
Daryl Swinnery (Member) $1,200 $0 $0
Boyd Head (Member) $1,200 $0 $0
George Mckinney (Member) $150 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,060,809
Expenses
$924,322
Net Income
$136,487
Net Assets
$6,047,634
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,060,741
100.0%
Investment Income $68
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,425
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,621,043
Total Liabilities $573,409
Net Assets $6,047,634
Club or Co-Op Income
Income From Members $1,053,541
Income From Other Sources $7,268
Compensation
Key Employees and Officers Compensation Related Other
Kevin Smith (General Manager) $113,335 $0 $6,800
Monte Coate (Treasurer) $1,525 $0 $0
Tim Standeford (Member) $1,400 $0 $0
Ross Holloway (Vice President) $1,400 $0 $0
Alan Hornaday (President) $1,400 $0 $0
Greg Swinney (Member) $1,325 $0 $0
Kenny Wright (Secretary) $1,275 $0 $0
George Mckinney (Member) $1,250 $0 $0
Boyd Head (Member) $1,150 $0 $0
Daryl Swinnery (Member) $1,025 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$968,338
Expenses
$894,453
Net Income
$73,885
Net Assets
$5,868,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $961,044
99.2%
Investment Income $94
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,200
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $125,136
14.0%
Professional Fundraising Fees $0
Other Salaries and Wages $240,976
26.9%
Assets/Debt
Total Assets $6,545,754
Total Liabilities $676,920
Net Assets $5,868,834
Club or Co-Op Income
Income From Members $961,044
Income From Other Sources $7,294
Compensation
Key Employees and Officers Compensation Related Other
Kevin Smith (General Manager) $110,533 $0 $3,316
Ross Holloway (Vice President) $4,388 $0 $0
Tim Standeford (Member) $1,375 $0 $0
Kenny Wright (Secretary) $1,375 $0 $0
Alan Hornaday (President) $1,375 $0 $0
Monte Coate (Treasurer) $1,375 $0 $0
George Mckinney (Member) $1,250 $0 $0
Boyd Head (Member) $1,250 $0 $0
Greg Swinney (Member) $1,215 $0 $0
Daryl Swinnery (Member) $1,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$901,107
Expenses
$844,123
Net Income
$56,984
Net Assets
$5,748,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $893,801
99.2%
Investment Income $106
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,200
0.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $113,349
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $215,099
25.5%
Assets/Debt
Total Assets $6,522,352
Total Liabilities $773,743
Net Assets $5,748,609
Club or Co-Op Income
Income From Members $925,648
Income From Other Sources $8,071
Compensation
Key Employees and Officers Compensation Related Other
Kevin Smith (General Manager) $103,009 $0 $8,756
Greg Swinney (Memember) $1,240 $0 $0
George Mckinney (Memember) $1,200 $0 $0
Tim Standeford (Memember) $1,200 $0 $0
Monte Coate (Treasurer) $1,200 $0 $0
Kenny Wright (Secretary) $1,100 $0 $0
Ross Holloway (Vice President) $1,100 $0 $0
Alan Hornaday (President) $1,100 $0 $0
James West (Memember) $800 $0 $0
Daryl Swinnery (Memember) $700 $0 $0
Boyd Head (Memember) $700 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$933,719
Expenses
$786,374
Net Income
$147,345
Net Assets
$5,603,062
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $927,613
99.3%
Investment Income $106
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,000
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $113,608
14.4%
Professional Fundraising Fees $0
Other Salaries and Wages $185,767
23.6%
Assets/Debt
Total Assets $6,469,993
Total Liabilities $866,931
Net Assets $5,603,062
Club or Co-Op Income
Income From Members $927,613
Income From Other Sources $6,106

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$855,583
Expenses
$834,083
Net Income
$21,500
Net Assets
$5,408,892
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $838,147
98.0%
Investment Income $172
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,875
0.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,389
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $351,724
42.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,364,242
Total Liabilities $955,350
Net Assets $5,408,892
Club or Co-Op Income
Income From Members $837,944
Income From Other Sources $17,436

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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