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Watson Rural Water Company

  • Jeffersonvlle, IN
  • Tax-exempt since June 1968
  • EIN: 35-1125595

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
$4.84M (2023)

Expenses
$2.82M (2023)

Total Assets
$25.3M (2023)

Total Liabilities
$7.72M (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
$4,838,213
Expenses
$2,817,186
Net Income
$2,021,027
Net Assets
$17,626,117
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,647,967
96.1%
Investment Income $171,994
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $21,491
0.4%
Net Fundraising $0
Sales of Assets -$3,239
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $44,245
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $593,105
21.1%
Assets/Debt
Total Assets $25,342,957
Total Liabilities $7,716,840
Net Assets $17,626,117
Club or Co-Op Income
Income From Members $4,621,550
Income From Other Sources $219,902
Compensation
Key Employees and Officers Compensation Related Other
Dennis Hill (Treasurer) $5,700 $0 $0
Len Ashack (Secretary) $5,340 $0 $0
Mark Foster (Vice Preside) $5,340 $0 $0
Andrew Settle (President) $5,340 $0 $0
Eric Goodman (Director) $5,100 $0 $0
Tom King (Director) $5,100 $0 $0
Charles Milburn (Director) $5,100 $0 $0
Mike Myers (Director) $5,100 $0 $0
Josh Hillman (Director) $2,125 $0 $0
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Document Links

990
Filed on May 21, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,477,415
Expenses
$2,654,776
Net Income
$1,822,639
Net Assets
$15,605,090
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,429,527
98.9%
Investment Income $12,502
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $19,386
0.4%
Net Fundraising $0
Sales of Assets $16,000
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $44,670
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $543,777
20.5%
Assets/Debt
Total Assets $23,644,070
Total Liabilities $8,038,980
Net Assets $15,605,090
Club or Co-Op Income
Income From Members $4,423,891
Income From Other Sources $53,524
Compensation
Key Employees and Officers Compensation Related Other
Dennis Hill (Treasurer) $5,700 $0 $0
Len Ashack (Secretary) $5,340 $0 $0
Mark Foster (Vice Preside) $5,340 $0 $0
Andrew Settle (President) $5,340 $0 $0
Eric Goodman (Director) $5,100 $0 $0
Tom King (Director) $5,100 $0 $0
Charles Milburn (Director) $5,100 $0 $0
Mike Myers (Director) $5,100 $0 $0
Sam Huff (Director) $2,550 $0 $0
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Document Links

990
Filed on May 18, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,087,704
Expenses
$2,723,445
Net Income
$1,364,259
Net Assets
$13,782,451
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,049,334
99.1%
Investment Income $7,260
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $21,710
0.5%
Net Fundraising $0
Sales of Assets $9,400
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $43,845
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $492,409
18.1%
Assets/Debt
Total Assets $22,160,626
Total Liabilities $8,378,175
Net Assets $13,782,451
Club or Co-Op Income
Income From Members $4,049,334
Income From Other Sources $38,370
Compensation
Key Employees and Officers Compensation Related Other
Dennis Hill (Treasurer) $5,125 $0 $0
Len Ashack (Secretary) $4,965 $0 $0
Mark Foster (Vice Preside) $4,965 $0 $0
Andrew Settle (President) $4,965 $0 $0
Sam Huff (Director) $4,925 $0 $0
Eric Goodman (Director) $4,725 $0 $0
Tom King (Director) $4,725 $0 $0
Charles Milburn (Director) $4,725 $0 $0
Mike Myers (Director) $4,725 $0 $0
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Document Links

990
Filed on May 25, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,253,246
Expenses
$2,333,321
Net Income
$1,919,925
Net Assets
$12,418,192
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,222,128
99.3%
Investment Income $13,905
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $17,548
0.4%
Net Fundraising $0
Sales of Assets -$335
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $31,710
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $469,362
20.1%
Assets/Debt
Total Assets $20,947,052
Total Liabilities $8,528,860
Net Assets $12,418,192
Club or Co-Op Income
Income From Members $4,239,676
Income From Other Sources $31,453
Compensation
Key Employees and Officers Compensation Related Other
Sam Huff (Treasurer) $4,420 $0 $0
Andrew Settle (President) $3,760 $0 $0
Len Ashack (Secretary) $3,700 $0 $0
Mark Foster (Vice Preside) $3,390 $0 $0
Dennis Hill (Director) $3,350 $0 $0
Charles Milburn (Director) $3,350 $0 $0
Tom King (Director) $3,290 $0 $0
Eric Goodman (Director) $3,200 $0 $0
Mike Myers (Director) $2,600 $0 $0
Joshua Hillman (Director) $650 $0 $0
+ View more people

Document Links

990
Filed on April 29, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,014,971
Expenses
$2,172,534
Net Income
$1,842,437
Net Assets
$10,498,267
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,001,134
99.7%
Investment Income $17,843
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,006
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,015
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $414,997
19.1%
Assets/Debt
Total Assets $19,554,096
Total Liabilities $9,055,829
Net Assets $10,498,267
Club or Co-Op Income
Income From Members $3,983,585
Income From Other Sources $35,391
Compensation
Key Employees and Officers Compensation Related Other
Sam Huff (Treasurer) $3,240 $0 $0
Len Ashack (Secretary) $2,095 $0 $0
Dennis Hill (Director) $2,075 $0 $0
Andrew Settle (President) $2,015 $0 $0
Charles Milburn (Director) $1,850 $0 $0
Joshua Hillman (Director) $1,840 $0 $0
Tom King (Director) $1,800 $0 $0
Mark Foster (Vice Preside) $1,750 $0 $0
Eric Goodman (Director) $1,650 $0 $0
+ View more people

Document Links

990
Filed on May 26, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,317,462
Expenses
$2,058,912
Net Income
$2,258,550
Net Assets
$8,655,830
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,305,486
99.7%
Investment Income $13,657
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,681
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $17,310
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $349,861
17.0%
Assets/Debt
Total Assets $16,952,337
Total Liabilities $8,296,507
Net Assets $8,655,830
Club or Co-Op Income
Income From Members $4,266,845
Income From Other Sources $52,298
Compensation
Key Employees and Officers Compensation Related Other
Sam Huff (Treasurer) $3,010 $0 $0
Dennis Hill (President) $2,160 $0 $0
Joshua Hillman (Secretary) $1,990 $0 $0
Mark Foster (Director) $1,620 $0 $0
Charles Milburn (Director) $1,620 $0 $0
Len Ashack (Director) $1,620 $0 $0
Tom King (Director) $1,520 $0 $0
Eric Goodman (Director) $1,490 $0 $0
Andrew Settle (Vice Preside) $1,420 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,172,311
Expenses
$3,565,599
Net Income
-$393,288
Net Assets
$6,397,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,164,711
99.8%
Investment Income $10,459
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,859
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,445
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $284,153
8.0%
Assets/Debt
Total Assets $16,153,912
Total Liabilities $9,756,633
Net Assets $6,397,279
Club or Co-Op Income
Income From Members $3,164,711
Income From Other Sources $10,459
Compensation
Key Employees and Officers Compensation Related Other
Sam Huff (Treasurer) $2,200 $0 $0
Dennis Hill (President) $1,500 $0 $0
Joshua Hillman (Secretary) $1,265 $0 $0
Mark Foster (Director) $800 $0 $0
Charles Milburn (Director) $800 $0 $0
Tom King (Director) $800 $0 $0
Len Ashack (Director) $800 $0 $0
Andrew Settle (Vice Preside) $800 $0 $0
Eric Goodman (Director) $320 $0 $0
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Document Links

990
Filed on May 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,615,631
Expenses
$1,755,385
Net Income
$860,246
Net Assets
$6,790,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,631,532
> 100%
Investment Income $2,243
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$18,144
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $9,880
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $230,382
13.1%
Assets/Debt
Total Assets $13,860,829
Total Liabilities $7,070,262
Net Assets $6,790,567
Club or Co-Op Income
Income From Members $2,631,532
Income From Other Sources $2,243
Compensation
Key Employees and Officers Compensation Related Other
Sam Huff (Treasurer) $2,400 $0 $0
Dennis Hill (President) $1,500 $0 $0
Joshua Hillman (Secretary) $1,380 $0 $0
Mark Foster (Director) $960 $0 $0
Charles Milburn (Director) $960 $0 $0
Andrew Settle (Director) $960 $0 $0
Tom King (Director) $960 $0 $0
Len Ashack (Director) $960 $0 $0
Mike Myers (Vice Preside) $960 $0 $0
+ View more people

Document Links

990
Filed on May 9, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,025,288
Expenses
$1,487,650
Net Income
$537,638
Net Assets
$5,930,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,105,960
> 100%
Investment Income $1,198
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$81,870
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,475
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $199,129
13.4%
Assets/Debt
Total Assets $9,391,338
Total Liabilities $3,461,017
Net Assets $5,930,321
Club or Co-Op Income
Income From Members $2,105,960
Income From Other Sources $1,198

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,777,123
Expenses
$1,585,523
Net Income
$191,600
Net Assets
$5,392,683
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,851,156
> 100%
Investment Income $1,193
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$75,226
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $9,715
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $257,919
16.3%
Assets/Debt
Total Assets $9,123,558
Total Liabilities $3,730,875
Net Assets $5,392,683
Club or Co-Op Income
Income From Members $1,851,156
Income From Other Sources $1,193

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,743,402
Expenses
$1,620,757
Net Income
$122,645
Net Assets
$5,201,083
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,872,181
> 100%
Investment Income $1,642
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$130,421
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $9,120
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $241,742
14.9%
Assets/Debt
Total Assets $9,078,694
Total Liabilities $3,877,611
Net Assets $5,201,083
Club or Co-Op Income
Income From Members $1,839,278
Income From Other Sources $34,545

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,522,243
Expenses
$1,710,790
Net Income
-$188,547
Net Assets
$5,078,438
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,793,027
> 100%
Investment Income $2,195
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$272,979
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,837
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $240,670
14.1%
Assets/Debt
Total Assets $9,193,658
Total Liabilities $4,115,220
Net Assets $5,078,438
Club or Co-Op Income
Income From Members $1,793,027
Income From Other Sources $2,195

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,560,899
Expenses
$1,448,935
Net Income
$111,964
Net Assets
$5,266,985
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,655,047
> 100%
Investment Income $2,544
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$96,692
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $5,050
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $247,886
17.1%
Assets/Debt
Total Assets $9,710,763
Total Liabilities $4,443,778
Net Assets $5,266,985
Club or Co-Op Income
Income From Members $1,655,047
Income From Other Sources $11,123

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About 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 »

Get the Data

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.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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