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Lake Beresford Water Association Inc

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
$378k (2025)

Expenses
$418k (2025)

Total Assets
$813k (2025)

Total Liabilities
$41.7k (2025)

Source: Form 990 tax filings from 2011 to 2025

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 May
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$378,365
Expenses
$418,125
Net Income
-$39,760
Net Assets
$771,734
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $365,087
96.5%
Investment Income $7,893
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,385
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $47,001
11.2%
Professional Fundraising Fees $0
Other Salaries and Wages $115,304
27.6%
Assets/Debt
Total Assets $813,402
Total Liabilities $41,668
Net Assets $771,734
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Diana Jones (Secy/Treasur) $47,001 $0 $0
John Wilton (President) $0 $0 $0
Keith Koshiol (Vice Preside) $0 $0 $0
Lucas Flynn (Director) $0 $0 $0
Mark White (Director) $0 $0 $0
Edward Toner (Director) $0 $0 $0
Linda Love (Director) $0 $0 $0
Christopher White (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$366,567
Expenses
$316,798
Net Income
$49,769
Net Assets
$829,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $351,507
95.9%
Investment Income $8,815
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $40,001
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $114,658
36.2%
Assets/Debt
Total Assets $862,718
Total Liabilities $33,295
Net Assets $829,423
Club or Co-Op Income
Income From Members $351,507
Income From Other Sources $15,061
Compensation
Key Employees and Officers Compensation Related Other
Diana Jones (Secy/Treasur) $40,001 $0 $0
John Wilton (President) $0 $0 $0
Keith Koshiol (Vice Preside) $0 $0 $0
Lucas Flynn (Director) $0 $0 $0
Mark White (Director) $0 $0 $0
Edward Toner (Director) $0 $0 $0
Linda Love (Director) $0 $0 $0
Christopher White (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$329,636
Expenses
$326,817
Net Income
$2,819
Net Assets
$786,001
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $320,220
97.1%
Investment Income $3,171
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $40,000
12.2%
Professional Fundraising Fees $0
Other Salaries and Wages $101,408
31.0%
Assets/Debt
Total Assets $817,051
Total Liabilities $31,050
Net Assets $786,001
Club or Co-Op Income
Income From Members $320,220
Income From Other Sources $9,416
Compensation
Key Employees and Officers Compensation Related Other
Diana Jones (Secy/Treasur) $40,000 $0 $0
John Wilton (President) $0 $0 $0
Keith Koshiol (Vice Preside) $0 $0 $0
Lucas Flynn (Director) $0 $0 $0
Mark White (Director) $0 $0 $0
Edward Toner (Director) $0 $0 $0
Linda Love (Director) $0 $0 $0
Christopher White (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$311,638
Expenses
$273,733
Net Income
$37,905
Net Assets
$789,428
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $304,813
97.8%
Investment Income $580
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $38,433
14.0%
Professional Fundraising Fees $0
Other Salaries and Wages $93,975
34.3%
Assets/Debt
Total Assets $820,654
Total Liabilities $31,226
Net Assets $789,428
Club or Co-Op Income
Income From Members $305,207
Income From Other Sources $6,825
Compensation
Key Employees and Officers Compensation Related Other
Diana Jones (Secy/Treasur) $38,433 $0 $0
John Wilton (President) $0 $0 $0
Keith Koshiol (Vice Preside) $0 $0 $0
Lucas Flynn (Director) $0 $0 $0
Mark White (Director) $0 $0 $0
Edward Toner (Director) $0 $0 $0
Linda Love (Director) $0 $0 $0
Christopher White (Director) $0 $0 $0

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Fiscal Year Ending May
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$298,847
Expenses
$251,559
Net Income
$47,288
Net Assets
$757,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $286,257
95.8%
Investment Income $1,355
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,990
1.7%
Net Inventory Sales $0
Other Revenue $6,245
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $129,517
51.5%
Assets/Debt
Total Assets $789,009
Total Liabilities $31,442
Net Assets $757,567
Club or Co-Op Income
Income From Members $292,502
Income From Other Sources $6,345
Compensation
Key Employees and Officers Compensation Related Other
John Wilton (President) $0 $0 $0
Keith Koshiol (Vice Preside) $0 $0 $0
Diana Jones (Secy/Treasur) $0 $0 $0
Don Pieper (Director) $0 $0 $0
Mark White (Director) $0 $0 $0
Edward Toner (Director) $0 $0 $0
Linda Love (Director) $0 $0 $0
Christopher White (Director) $0 $0 $0

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Fiscal Year Ending May
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$291,343
Expenses
$253,088
Net Income
$38,255
Net Assets
$716,512
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $282,609
97.0%
Investment Income $2,489
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $125,387
49.5%
Assets/Debt
Total Assets $746,023
Total Liabilities $29,511
Net Assets $716,512
Club or Co-Op Income
Income From Members $288,855
Income From Other Sources $2,489
Compensation
Key Employees and Officers Compensation Related Other
John Wilton (President) $0 $0 $0
Keith Koshiol (Vice Preside) $0 $0 $0
Diana Jones (Secy/Treasur) $0 $0 $0
Gary Maddox (Director) $0 $0 $0
Don Pieper (Director) $0 $0 $0
Mark White (Director) $0 $0 $0
Edward Toner (Director) $0 $0 $0
Linda Love (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$281,775
Expenses
$258,144
Net Income
$23,631
Net Assets
$684,526
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $273,937
97.2%
Investment Income $1,593
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $94,583
36.6%
Assets/Debt
Total Assets $736,473
Total Liabilities $51,947
Net Assets $684,526
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
John Wilton (President) $0 $0 $0
Diana Jones (Secy/Treasur) $0 $0 $0
Gary Maddox (Director) $0 $0 $0
Don Pieper (Director) $0 $0 $0
Mark White (Director) $0 $0 $0
Robert Wilson (Director) $0 $0 $0
Keith Koshiol (Vice Preside) $0 $0 $0
Edward Toner (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$252,610
Expenses
$182,426
Net Income
$70,184
Net Assets
$667,058
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $244,814
96.9%
Investment Income $601
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,195
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $74,709
41.0%
Assets/Debt
Total Assets $694,824
Total Liabilities $27,766
Net Assets $667,058
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Robert Wilson (President) $0 $0 $0
Diana Jones (Secy/Treasur) $0 $0 $0
Gary Maddox (Director) $0 $0 $0
Don Pieper (Vice Preside) $0 $0 $0
James Kemp (Director) $0 $0 $0
Bill Ramsey (Director) $0 $0 $0
Keith Koshiol (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$203,738
Expenses
$174,246
Net Income
$29,492
Net Assets
$603,118
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $197,034
96.7%
Investment Income $459
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,759
29.7%
Assets/Debt
Total Assets $630,663
Total Liabilities $27,545
Net Assets $603,118
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Robert Wilson (President) $0 $0 $0
Diana Jones (Secy/Treasur) $0 $0 $0
Gary Maddox (Director) $0 $0 $0
Don Pieper (Vice Preside) $0 $0 $0
James Kemp (Director) $0 $0 $0
Bill Ramsey (Director) $0 $0 $0
Keith Koshiol (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,429
Expenses
$171,516
Net Income
$26,913
Net Assets
$579,871
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $191,756
96.6%
Investment Income $428
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,759
30.2%
Assets/Debt
Total Assets $606,634
Total Liabilities $26,763
Net Assets $579,871
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Robert Wilson (President) $0 $0 $0
Deborah White (Secy/Treasur) $0 $0 $0
Gary Maddox (Director) $0 $0 $0
Don Pieper (Vice Preside) $0 $0 $0
James Kemp (Director) $0 $0 $0
Bill Ramsey (Director) $0 $0 $0
Keith Koshiol (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$176,206
Expenses
$153,484
Net Income
$22,722
Net Assets
$559,206
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $169,549
96.2%
Investment Income $412
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,759
33.7%
Assets/Debt
Total Assets $586,463
Total Liabilities $27,257
Net Assets $559,206
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Robert Wilson (President) $0 $0 $0
Deborah White (Secy/Treasur) $0 $0 $0
Gary Maddox (Director) $0 $0 $0
Don Pieper (Vice Preside) $0 $0 $0
James Kemp (Director) $0 $0 $0
Bill Ramsey (Director) $0 $0 $0
Keith Koshiol (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$175,265
Expenses
$180,875
Net Income
-$5,610
Net Assets
$542,729
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $168,219
96.0%
Investment Income $801
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,759
28.6%
Assets/Debt
Total Assets $568,700
Total Liabilities $25,971
Net Assets $542,729
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Robert Wilson (President) $0 $0 $0
Deborah White (Secy/Treasur) $0 $0 $0
Gary Maddox (Director) $0 $0 $0
Don Pieper (Vice Preside) $0 $0 $0
James Kemp (Director) $0 $0 $0
Bill Ramsey (Director) $0 $0 $0
Keith Koshiol (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$152,788
Expenses
$153,715
Net Income
-$927
Net Assets
$554,585
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $145,132
95.0%
Investment Income $1,411
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,245
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $54,013
35.1%
Assets/Debt
Total Assets $580,552
Total Liabilities $25,967
Net Assets $554,585
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending May
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$162,786
Expenses
$165,691
Net Income
-$2,905
Net Assets
$561,758
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $152,781
93.9%
Investment Income $3,610
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,395
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $50,234
30.3%
Assets/Debt
Total Assets $597,271
Total Liabilities $35,513
Net Assets $561,758
Club or Co-Op Income
Income From Members $159,176
Income From Other Sources $3,610

Document Links

Fiscal Year Ending May
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$187,925
Expenses
$182,496
Net Income
$5,429
Net Assets
$570,908
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $166,475
88.6%
Investment Income $14,184
7.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,266
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $53,896
29.5%
Assets/Debt
Total Assets $603,622
Total Liabilities $32,714
Net Assets $570,908
Club or Co-Op Income
Income From Members $173,741
Income From Other Sources $14,184

Document Links

Fiscal Year Ending May
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 May
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 May
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 May
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 May
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

Fiscal Year Ending May
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 May
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.
  • 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.
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  • 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.

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