Brentwood Water Corporation

Glen Alpine, NC
Tax-exempt since Oct. 1972
EIN: 56-0959478

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$2.17M (2024)

Expenses

$1.87M (2024)

Total Assets

$8.02M (2024)

Total Liabilities

$99.8k (2024)

Years with multiple filings

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

Revenue

$2,173,435

Expenses

$1,869,067

Net Income

$304,368

Net Assets

$7,918,203

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,095,789	96.4%
Investment Income	$50,222	2.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$26,000	1.2%
Net Inventory Sales	$0
Other Revenue	$1,424	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$7,325	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$382,839	20.5%

Assets/Debt
Total Assets	$8,017,999
Total Liabilities	$99,796
Net Assets	$7,918,203

Club or Co-Op Income
Income From Members	$2,094,188
Income From Other Sources	$79,247

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Turner (President)	$2,015	$0	$0
Bruce Byrd (Director)	$1,525	$0	$0
Glenn Mccurry (Secretary Treasurer)	$1,385	$0	$0
Bryan Williams (Director)	$1,225	$0	$0
Roger Lowery (Vice President)	$1,175	$0	$0

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990

Filed on Aug. 20, 2024

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Fiscal Year Ending June
2023

Revenue

$2,029,188

Expenses

$1,854,785

Net Income

$174,403

Net Assets

$7,605,185

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,007,440	98.9%
Investment Income	$21,748	1.1%
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	$6,535	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$394,993	21.3%

Assets/Debt
Total Assets	$7,727,754
Total Liabilities	$122,569
Net Assets	$7,605,185

Club or Co-Op Income
Income From Members	$2,007,440
Income From Other Sources	$21,748

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Turner (President)	$1,845	$0	$0
Bruce Byrd (Director)	$1,425	$0	$0
Glenn Mccurry (Secretary Treasurer)	$1,315	$0	$0
Roger Lowery (Vice President)	$1,225	$0	$0
Bryan Williams (Director)	$725	$0	$0

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990

Filed on Aug. 9, 2023

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Fiscal Year Ending June
2022

Revenue

$1,889,890

Expenses

$1,723,867

Net Income

$166,023

Net Assets

$7,405,757

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,887,621	99.9%
Investment Income	$2,269	0.1%
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	$80,952	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$268,819	15.6%

Assets/Debt
Total Assets	$7,567,521
Total Liabilities	$161,764
Net Assets	$7,405,757

Club or Co-Op Income
Income From Members	$1,885,884
Income From Other Sources	$4,006

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$74,802	$0	$0
Robert Turner (President)	$1,300	$0	$0
Roger Lowery (Vice President)	$1,065	$0	$0
Glen Mccurry (Secretary Treasurer)	$1,020	$0	$0
Bruce Byrd (Director)	$885	$0	$0

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990

Filed on Aug. 15, 2022

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Fiscal Year Ending June
2021

Revenue

$1,926,005

Expenses

$1,640,160

Net Income

$285,845

Net Assets

$7,228,929

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,913,604	99.4%
Investment Income	$11,990	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$411	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$78,316	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$264,596	16.1%

Assets/Debt
Total Assets	$7,525,913
Total Liabilities	$296,984
Net Assets	$7,228,929

Club or Co-Op Income
Income From Members	$1,911,844
Income From Other Sources	$14,160

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$72,631	$0	$0
Ralph Johnson (President)	$1,615	$0	$0
Troy Houser (Sec Treas)	$1,185	$0	$0
Robert Turner (Director)	$1,175	$0	$0
Roger Lowery (Director)	$905	$0	$0
Max Chapman (Vice President)	$590	$0	$0

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990

Filed on Aug. 16, 2021

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Fiscal Year Ending June
2020

Revenue

$1,880,568

Expenses

$1,701,376

Net Income

$179,192

Net Assets

$6,920,109

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,865,476	99.2%
Investment Income	$9,592	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,500	0.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$70,785	4.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$250,334	14.7%

Assets/Debt
Total Assets	$7,246,826
Total Liabilities	$326,717
Net Assets	$6,920,109

Club or Co-Op Income
Income From Members	$1,870,976
Income From Other Sources	$9,592

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$70,559	$0	$226
Roger Lowery (Director)	$0	$0	$0
Robert Turner (Director)	$0	$0	$0
Ralph Johnson (President)	$0	$0	$0
Max Chapman (Vice President)	$0	$0	$0
Troy Houser (Sec Treas)	$0	$0	$0

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990

Filed on Aug. 25, 2020

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Fiscal Year Ending June
2019

Revenue

$1,881,182

Expenses

$1,727,260

Net Income

$153,922

Net Assets

$6,701,090

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,868,296	99.3%
Investment Income	$12,886	0.7%
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	$78,417	4.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$247,706	14.3%

Assets/Debt
Total Assets	$7,372,702
Total Liabilities	$671,612
Net Assets	$6,701,090

Club or Co-Op Income
Income From Members	$1,868,296
Income From Other Sources	$12,886

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$69,027	$0	$0
Ralph Johnson (President)	$2,530	$0	$0
Troy Houser (Sec Treas)	$2,125	$0	$0
Roger Lowery (Director)	$1,685	$0	$0
Robert Turner (Director)	$1,645	$0	$0
Max Chapman (Vice President)	$1,405	$0	$0

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990

Filed on Aug. 20, 2019

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Fiscal Year Ending June
2018

Revenue

$298,283

Expenses

$259,483

Net Income

$38,800

Net Assets

$6,547,347

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$297,132	99.6%
Investment Income	$1,151	0.4%
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	$11,044	4.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$39,840	15.4%

Assets/Debt
Total Assets	$7,411,061
Total Liabilities	$863,714
Net Assets	$6,547,347

Club or Co-Op Income
Income From Members	$297,132
Income From Other Sources	$1,151

990

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

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Fiscal Year Ending April
2018

Revenue

$1,779,088

Expenses

$1,621,202

Net Income

$157,886

Net Assets

$6,484,077

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,757,079	98.8%
Investment Income	$8,879	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$12,050	0.7%
Net Inventory Sales	$0
Other Revenue	$1,080	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,791	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$219,286	13.5%

Assets/Debt
Total Assets	$7,415,171
Total Liabilities	$931,094
Net Assets	$6,484,077

Club or Co-Op Income
Income From Members	$1,757,079
Income From Other Sources	$22,009

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$68,276	$0	$3,236
Ralph Johnson (President)	$2,530	$0	$0
Troy Houser (Sec Treas)	$1,990	$0	$0
Robert Turner (Director)	$1,405	$0	$0
Roger Lowery (Director)	$1,335	$0	$0
Max Chapman (Vice President)	$1,255	$0	$0

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990

Filed on June 28, 2018

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Fiscal Year Ending April
2017

Revenue

$1,864,353

Expenses

$1,623,835

Net Income

$240,518

Net Assets

$6,317,066

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,858,408	99.7%
Investment Income	$4,744	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,201	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$75,193	4.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$234,496	14.4%

Assets/Debt
Total Assets	$7,521,078
Total Liabilities	$1,204,012
Net Assets	$6,317,066

Club or Co-Op Income
Income From Members	$1,858,408
Income From Other Sources	$5,945

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$66,553	$0	$0
Ralph Johnson (President)	$2,790	$0	$0
Troy Houser (Sec Treas)	$1,765	$0	$0
Robert Turner (Director)	$1,560	$0	$0
Roger Lowery (Director)	$1,525	$0	$0
Max Chapman (Vice President)	$1,000	$0	$0

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990

Filed on June 12, 2017

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Fiscal Year Ending April
2016

Revenue

$1,810,093

Expenses

$1,522,449

Net Income

$287,644

Net Assets

$6,069,248

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,793,809	99.1%
Investment Income	$2,876	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$13,408	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$72,684	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$210,479	13.8%

Assets/Debt
Total Assets	$7,526,998
Total Liabilities	$1,457,750
Net Assets	$6,069,248

Club or Co-Op Income
Income From Members	$1,796,685
Income From Other Sources	$13,408

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$65,834	$0	$0
Ralph Johnson (President)	$2,600	$0	$0
Troy Houser (Sec Treas)	$1,520	$0	$0
Robert Turner (Director)	$1,330	$0	$0
Max Chapman (Vice President)	$770	$0	$0
Roger Lowery (Director)	$630	$0	$0

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990

Filed on July 20, 2016

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Fiscal Year Ending April
2015

Revenue

$1,769,213

Expenses

$1,653,689

Net Income

$115,524

Net Assets

$5,746,325

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,765,062	99.8%
Investment Income	$2,737	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,414	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$71,095	4.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$198,268	12.0%

Assets/Debt
Total Assets	$7,484,775
Total Liabilities	$1,738,450
Net Assets	$5,746,325

Club or Co-Op Income
Income From Members	$1,765,062
Income From Other Sources	$4,151

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$62,239	$0	$0
Ralph Johnson (President)	$2,885	$0	$0
Troy Houser (Sec Treas)	$1,930	$0	$0
Aj Abernathy Deceased (Director)	$1,585	$0	$0
Max Chapman (Vice President)	$1,285	$0	$0
Robert Turner (Director)	$1,280	$0	$0
Roger Lowery (Director)	$0	$0	$0

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990

Filed on June 20, 2015

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Fiscal Year Ending April
2014

Revenue

$1,686,147

Expenses

$1,498,699

Net Income

$187,448

Net Assets

$5,601,446

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,684,626	99.9%
Investment Income	$1,521	0.1%
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	$65,406	4.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$203,008	13.5%

Assets/Debt
Total Assets	$7,555,750
Total Liabilities	$1,954,304
Net Assets	$5,601,446

Club or Co-Op Income
Income From Members	$1,686,147
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
David Perkins (Manager)	$59,191	$0	$0
Ralph Johnson (President)	$2,400	$0	$0
Troy Houser (Sec Treas)	$1,295	$0	$0
Robert Turner (Director)	$960	$0	$0
A J Abernathy (Vp)	$960	$0	$0
Max Chapman (Director)	$600	$0	$0

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990

Filed on Aug. 10, 2014

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Fiscal Year Ending April
2013

Revenue

$1,821,066

Expenses

$1,567,167

Net Income

$253,899

Net Assets

$5,408,378

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,719,112	94.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$101,954	5.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$68,555	4.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$200,291	12.8%

Assets/Debt
Total Assets	$7,559,491
Total Liabilities	$2,151,113
Net Assets	$5,408,378

Club or Co-Op Income
Income From Members	$1,719,112
Income From Other Sources	$101,954

990

Filed on Aug. 22, 2013

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Fiscal Year Ending April
2012

Revenue

$1,770,167

Expenses

$1,419,073

Net Income

$351,094

Net Assets

$5,087,047

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,768,567	99.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,600	0.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$70,412	5.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$196,159	13.8%

Assets/Debt
Total Assets	$7,574,433
Total Liabilities	$2,487,386
Net Assets	$5,087,047

Club or Co-Op Income
Income From Members	$1,767,284
Income From Other Sources	$2,883

990

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

PDF

PDF (2 of 2)

Fiscal Year Ending April
2006

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

990

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

PDF

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Updated January 31, 2025

Brentwood Water Corporation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.17M (2024)

Expenses $1.87M (2024)

Total Assets $8.02M (2024)

Total Liabilities $99.8k (2024)

Tax Filings by Year

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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Fiscal Year Ending June 2023

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Compensation

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Fiscal Year Ending June 2022

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Compensation

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Fiscal Year Ending June 2021

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2020

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Compensation

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Fiscal Year Ending June 2019

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Compensation

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Fiscal Year Ending June 2018

Extracted Financial Data

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Fiscal Year Ending April 2018

Extracted Financial Data

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Compensation

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Fiscal Year Ending April 2017

Extracted Financial Data

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Compensation

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Fiscal Year Ending April 2016

Extracted Financial Data

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Compensation

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Fiscal Year Ending April 2015

Extracted Financial Data

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Compensation

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Fiscal Year Ending April 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Revenue

$2.17M (2024)

Expenses

$1.87M (2024)

Total Assets

$8.02M (2024)

Total Liabilities

$99.8k (2024)

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending April
2018

Fiscal Year Ending April
2017

Fiscal Year Ending April
2016

Fiscal Year Ending April
2015

Fiscal Year Ending April
2014

Fiscal Year Ending April
2013

Fiscal Year Ending April
2012

Fiscal Year Ending April
2011

Fiscal Year Ending April
2010

Fiscal Year Ending April
2009

Fiscal Year Ending April
2008

Fiscal Year Ending April
2007

Fiscal Year Ending April
2006