PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Raccoon Water Company

  • Centralia, IL
  • Tax-exempt since March 1974
  • EIN: 37-0955845

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
$282k (2024)

Expenses
$160k (2024)

Total Assets
$4.46M (2024)

Total Liabilities
$1.53M (2024)

Source: Form 990 tax filings from 2012 to 2024

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 June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$281,606
Expenses
$160,390
Net Income
$121,216
Net Assets
$2,933,747
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $23,824
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,500
3.7%
Net Inventory Sales $247,282
87.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $89,377
55.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,460,860
Total Liabilities $1,527,113
Net Assets $2,933,747
Club or Co-Op Income
Income From Members $1,585,995
Income From Other Sources $34,527
Compensation
Key Employees and Officers Compensation Related Other
Kim Torres (Treasurer) $88,177 $0 $0
Jerry Davis (President) $800 $0 $0
Danny Mays (President) $400 $0 $0
Edgar Elliott (Director) $0 $0 $0
Bev Goddard (Director) $0 $0 $0
Danny Phillips (Vice President) $0 $0 $0
Wayne Mooney (Director) $0 $0 $0
Tony Geurin (Director) $0 $0 $0
Travis Sanders (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 21, 2024

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

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$263,632
Expenses
$161,440
Net Income
$102,192
Net Assets
$2,812,531
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,710
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $253,922
96.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $86,333
53.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,433,889
Total Liabilities $1,621,358
Net Assets $2,812,531
Club or Co-Op Income
Income From Members $1,523,067
Income From Other Sources $15,669
Compensation
Key Employees and Officers Compensation Related Other
Kim Torres (Treasurer) $85,133 $0 $0
Jerry Davis (President) $1,200 $0 $0
Edgar Elliott (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice President) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Wayne Mooney (Director) $0 $0 $0
Tony Geurin (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 22, 2023

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

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$231,612
Expenses
$144,205
Net Income
$87,407
Net Assets
$2,710,339
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,761
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $221,851
95.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,184
45.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,421,248
Total Liabilities $1,710,909
Net Assets $2,710,339
Club or Co-Op Income
Income From Members $1,241,456
Income From Other Sources $21,766
Compensation
Key Employees and Officers Compensation Related Other
Kim Torres (Treasurer) $63,984 $0 $0
Jerry Davis (President) $1,200 $0 $0
Edgar Elliott (Director) $0 $0 $0
Brad Furlong (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice President) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Wayne Mooney (Director) $0 $0 $0
Tony Geurin (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 27, 2022

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

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$126,379
Expenses
$146,844
Net Income
-$20,465
Net Assets
$2,622,932
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $12,212
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $114,167
90.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $64,081
43.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,422,170
Total Liabilities $1,799,238
Net Assets $2,622,932
Club or Co-Op Income
Income From Members $1,225,967
Income From Other Sources $14,461
Compensation
Key Employees and Officers Compensation Related Other
Kim Torres (Treasurer) $62,881 $0 $0
Jerry Davis (President) $1,200 $0 $0
Edgar Elliott (Director) $0 $0 $0
Brad Furlong (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice President) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Wayne Mooney (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 30, 2021

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

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,591
Expenses
$141,774
Net Income
$113,817
Net Assets
$2,643,397
Notable Sources of Revenue Percent of Total Revenue
Contributions $33,897
13.3%
Program Services $0
Investment Income $13,622
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $208,072
81.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $54,412
38.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,523,915
Total Liabilities $1,880,518
Net Assets $2,643,397
Club or Co-Op Income
Income From Members $1,195,956
Income From Other Sources $49,817
Compensation
Key Employees and Officers Compensation Related Other
Kim Torres (Treasurer) $53,212 $0 $0
Jerry Davis (President) $1,200 $0 $0
Greg Mc Coy (Director) $0 $0 $0
Brad Furlong (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice President) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Wayne Mooney (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 22, 2020

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

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$274,452
Expenses
$135,031
Net Income
$139,421
Net Assets
$2,529,580
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,876
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $269,576
98.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,477
30.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,543,297
Total Liabilities $2,013,717
Net Assets $2,529,580
Club or Co-Op Income
Income From Members $1,217,252
Income From Other Sources $5,198
Compensation
Key Employees and Officers Compensation Related Other
Kim Torres (Treasurer) $26,478 $0 $0
Kayleigh Garden (Treasurer) $12,799 $0 $0
Jerry Davis (President) $1,200 $0 $0
Charles Holthaus (Director) $0 $0 $0
Brad Furlong (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice President) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Wayne Mooney (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 6, 2019

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

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$309,826
Expenses
$158,400
Net Income
$151,426
Net Assets
$2,390,159
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,679
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $306,147
98.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $56,824
35.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,556,610
Total Liabilities $2,166,451
Net Assets $2,390,159
Club or Co-Op Income
Income From Members $1,247,013
Income From Other Sources $9,517
Compensation
Key Employees and Officers Compensation Related Other
Kayleigh Garden (Treasurer) $27,052 $0 $0
Pamela Mercer (Treasurer) $20,909 $0 $0
Pamela Mercer (Treasurer) $20,909 $0 $0
Jason Green (Controller) $7,663 $0 $0
Jason Green (Controller) $7,663 $0 $0
Jerry Davis (President) $1,200 $0 $0
Charles Holthaus (Director) $0 $0 $0
Brad Furlong (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice President) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Wayne Mooney (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 6, 2018

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

View Filing
XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$341,798
Expenses
$196,198
Net Income
$145,600
Net Assets
$2,238,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,115
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $338,683
99.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $87,555
44.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,560,999
Total Liabilities $2,322,266
Net Assets $2,238,733
Club or Co-Op Income
Income From Members $1,205,725
Income From Other Sources $25,097
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Pamela Mercer (Treasurer) $56,290 $0 $0
Jason Green (Controller) $30,065 $0 $0
Jerry Davis (President) $1,200 $0 $0
Charles Holthaus (Director) $0 $0 $0
Brad Furlong (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice President) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Wayne Mooney (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 5, 2017

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

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$306,555
Expenses
$202,458
Net Income
$104,097
Net Assets
$2,093,133
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,617
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $302,938
98.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $87,025
43.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,567,264
Total Liabilities $2,474,131
Net Assets $2,093,133
Club or Co-Op Income
Income From Members $1,137,414
Income From Other Sources $23,336
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jason Green (Controller) $45,135 $0 $0
Pamela Mercer (Treasurer) $40,690 $0 $0
Jerry Davis (President) $1,200 $0 $0
Charles Holthaus (Director) $0 $0 $0
Brad Furlong (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice President) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Mike Caldwell (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 4, 2016

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

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$113,293
Expenses
$121,839
Net Income
-$8,546
Net Assets
$1,989,036
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,906
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $110,387
97.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,607,542
Total Liabilities $2,618,506
Net Assets $1,989,036
Club or Co-Op Income
Income From Members $1,131,903
Income From Other Sources $3,908
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jason Green (Manager) $53,830 $0 $0
Pamela Mercer (Sec/Treas) $43,542 $0 $0
Jerry Davis (President) $1,200 $0 $0
Charles Holthaus (Director) $0 $0 $0
Brad Furlong (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice Pres) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Mike Caldwell (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 20, 2015

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

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$82,275
Expenses
$127,864
Net Income
-$45,589
Net Assets
$1,997,582
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,900
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $79,375
96.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,753,657
Total Liabilities $2,756,075
Net Assets $1,997,582
Club or Co-Op Income
Income From Members $1,124,738
Income From Other Sources $8,659
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jason Green (Manager) $55,090 $0 $0
Pamela Mercer (Sec/Treas) $41,909 $0 $0
Jerry Davis (President) $1,200 $0 $0
Charles Holthaus (Director) $0 $0 $0
Jerry Murray (Director) $0 $0 $0
Benny Goddard (Director) $0 $0 $0
Danny Mays (Vice Pres) $0 $0 $0
Danny Phillips (Director) $0 $0 $0
Duane Snow (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 15, 2014

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

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$188,657
Expenses
$135,262
Net Income
$53,395
Net Assets
$2,043,171
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,425
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $187,232
99.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,931,190
Total Liabilities $2,888,019
Net Assets $2,043,171
Club or Co-Op Income
Income From Members $1,166,258
Income From Other Sources $9,056

Document Links

990

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

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$153,688
Expenses
$143,176
Net Income
$10,512
Net Assets
$1,989,776
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,045
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $151,643
98.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,031,990
Total Liabilities $3,042,214
Net Assets $1,989,776
Club or Co-Op Income
Income From Members $1,101,053
Income From Other Sources $10,740

Document Links

990

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

PDF

Fiscal Year Ending June
2011

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 June
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 June
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 June
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 June
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 June
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 June
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

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

The data powering this website is available programmatically, via an API. Read the API documentation »

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.

Updated