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Gasparilla Island Water Assoc 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
$8.53M (2024)

Expenses
$6.08M (2024)

Total Assets
$43.3M (2024)

Total Liabilities
$19.1M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,527,221
Expenses
$6,079,247
Net Income
$2,447,974
Net Assets
$24,228,259
Notable Sources of Revenue Percent of Total Revenue
Contributions $240,094
2.8%
Program Services $7,765,787
91.1%
Investment Income $532,274
6.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$73,813
Net Inventory Sales $0
Other Revenue $62,879
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $182,670
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,326,609
21.8%
Assets/Debt
Total Assets $43,286,980
Total Liabilities $19,058,721
Net Assets $24,228,259
Club or Co-Op Income
Income From Members $7,765,787
Income From Other Sources $761,434
Compensation
Key Employees and Officers Compensation Related Other
Ronald L Bolton (Utility Director) $166,134 $0 $33,419
Jerry Edgerton (President) $0 $0 $0
Andy Duncan (Vice President) $0 $0 $0
Phillip Elbert (Treasurer) $0 $0 $0
Michelle Patenaude (Secretary) $0 $0 $0
Christa Sculley (Director) $0 $0 $0
Ashley Scott (Director) $0 $0 $0
Jack Hollis (Director) $0 $0 $0
Dennis Johnston (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,711,203
Expenses
$5,803,017
Net Income
$1,908,186
Net Assets
$21,687,490
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,325,509
95.0%
Investment Income $338,748
4.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$40,231
Net Inventory Sales $0
Other Revenue $87,177
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $159,108
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,167,807
20.1%
Assets/Debt
Total Assets $41,777,542
Total Liabilities $20,090,052
Net Assets $21,687,490
Club or Co-Op Income
Income From Members $7,325,509
Income From Other Sources $385,694
Compensation
Key Employees and Officers Compensation Related Other
Ronald L Bolton (Utility Director) $152,296 $0 $13,990
William Caldwell (President) $0 $0 $0
Tom Courtney (Vice President) $0 $0 $0
Phillip Elbert (Treasurer) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0
Michelle Patenaude (Director) $0 $0 $0
Bob Heilman (Director) $0 $0 $0
Andy Duncan (Director) $0 $0 $0
Jerry Edgerton (Director) $0 $0 $0
Jeff Mcmillin (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,839,429
Expenses
$5,272,860
Net Income
$1,566,569
Net Assets
$19,679,223
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,749,478
98.7%
Investment Income $112,403
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$31,870
Net Inventory Sales $0
Other Revenue $9,418
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,957
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,089,113
20.7%
Assets/Debt
Total Assets $40,821,701
Total Liabilities $21,142,478
Net Assets $19,679,223
Club or Co-Op Income
Income From Members $6,749,478
Income From Other Sources $89,951
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director Previous) $160,541 $0 $2,875
William Caldwell (President) $0 $0 $0
Tom Courtney (Vice President) $0 $0 $0
Gasper Kovach (Treasurer) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0
John Merritt (Director) $0 $0 $0
Anne Marini (Director) $0 $0 $0
Andy Duncan (Director) $0 $0 $0
Jerry Edgerton (Director) $0 $0 $0
Phillip Elbert (Director) $0 $0 $0
Ronald L Bolton (Utility Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,664,127
Expenses
$4,804,819
Net Income
$1,859,308
Net Assets
$18,050,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,609,160
99.2%
Investment Income $57,245
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$12,327
Net Inventory Sales $0
Other Revenue $10,049
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $166,995
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $930,579
19.4%
Assets/Debt
Total Assets $33,973,495
Total Liabilities $15,922,948
Net Assets $18,050,547
Club or Co-Op Income
Income From Members $6,609,160
Income From Other Sources $54,967
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director) $176,489 $0 $24,882
Leslie Diaz (President) $0 $0 $0
Jeff Moore (Vice President) $0 $0 $0
Gasper Kovach (Treasurer) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0
Bill Caldwell (Director) $0 $0 $0
Anne Marini (Director) $0 $0 $0
Tom Courtney (Director) $0 $0 $0
Bob Heilman (Director) $0 $0 $0
John Merritt (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,057,997
Expenses
$4,504,460
Net Income
$1,553,537
Net Assets
$15,770,784
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,995,971
99.0%
Investment Income $52,581
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,215
Net Inventory Sales $0
Other Revenue $15,660
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $151,522
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $945,233
21.0%
Assets/Debt
Total Assets $29,096,623
Total Liabilities $13,325,839
Net Assets $15,770,784
Club or Co-Op Income
Income From Members $5,995,971
Income From Other Sources $62,026
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director) $141,229 $0 $39,905
Leslie Diaz (President) $0 $0 $0
Jeff Moore (Vice President) $0 $0 $0
Gasper Kovach (Treasurer) $0 $0 $0
Arch Hager (Secretary) $0 $0 $0
Bill Caldwell (Director) $0 $0 $0
Anne Marini (Director) $0 $0 $0
Tom Courtney (Director) $0 $0 $0
Bob Heilman (Director) $0 $0 $0
John Merritt (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,523,467
Expenses
$4,604,588
Net Income
$918,879
Net Assets
$14,076,267
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,446,480
98.6%
Investment Income $44,086
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,983
0.3%
Net Inventory Sales $0
Other Revenue $13,918
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $140,451
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $834,306
18.1%
Assets/Debt
Total Assets $22,857,081
Total Liabilities $8,780,814
Net Assets $14,076,267
Club or Co-Op Income
Income From Members $5,446,480
Income From Other Sources $76,987
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director) $138,342 $0 $37,748
Leslie Diaz (President) $0 $0 $0
Jeff Moore (Vice President) $0 $0 $0
Gasper Kovach (Treasurer) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0
Bill Caldwell (Director) $0 $0 $0
Arch Hager (Director) $0 $0 $0
Tom Courtney (Director) $0 $0 $0
Bob Heilman (Director) $0 $0 $0
John Merritt (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,937,776
Expenses
$3,906,077
Net Income
$1,031,699
Net Assets
$13,156,811
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,941,272
> 100%
Investment Income $38,795
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$51,735
Net Inventory Sales $0
Other Revenue $9,444
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $147,032
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $817,053
20.9%
Assets/Debt
Total Assets $20,399,088
Total Liabilities $7,242,277
Net Assets $13,156,811
Club or Co-Op Income
Income From Members $4,941,272
Income From Other Sources $48,239
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director) $143,095 $0 $33,813
Leslie Diaz (President) $0 $0 $0
Jeff Moore (Vice President) $0 $0 $0
Gasper Kovach (Treasurer) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0
Bill Caldwell (Director) $0 $0 $0
Arch Hager (Director) $0 $0 $0
Tom Courtney (Director) $0 $0 $0
Bob Heilman (Director) $0 $0 $0
John Merritt (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,468,962
Expenses
$3,838,204
Net Income
$630,758
Net Assets
$12,152,457
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,415,216
98.8%
Investment Income $36,034
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,689
Net Inventory Sales $0
Other Revenue $23,401
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,692
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $834,480
21.7%
Assets/Debt
Total Assets $19,146,615
Total Liabilities $6,994,158
Net Assets $12,152,457
Club or Co-Op Income
Income From Members $4,415,216
Income From Other Sources $53,747
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director) $123,300 $0 $31,242
Leslie Diaz (President) $0 $0 $0
Jeff Moore (Vice President) $0 $0 $0
Michael Holmes (Treasurer) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0
Bob Marini (Director) $0 $0 $0
Tom Shaffer (Director) $0 $0 $0
Bob Heilman (Director) $0 $0 $0
Gasper Kovach (Director) $0 $0 $0
John Merritt (Director) $0 $0 $0

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Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,013,077
Expenses
$3,814,670
Net Income
$198,407
Net Assets
$11,188,572
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,963,071
98.8%
Investment Income $42,817
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$17,811
Net Inventory Sales $0
Other Revenue $25,000
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $150,644
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $836,424
21.9%
Assets/Debt
Total Assets $15,612,115
Total Liabilities $4,423,543
Net Assets $11,188,572
Club or Co-Op Income
Income From Members $3,963,071
Income From Other Sources $50,006
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director) $120,135 $0 $28,649
Leslie Diaz (President) $0 $0 $0
Bill Caldwell (Vice President) $0 $0 $0
Michael Holmes (Treasurer) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0
Joe Anderson (Director) $0 $0 $0
Ian Rogerson (Director) $0 $0 $0
Tom Shaffer (Director) $0 $0 $0
Kathleen Turner (Director) $0 $0 $0
Bob Marini (Director) $0 $0 $0
Bob Heilman (Director) $0 $0 $0
Jeff Moore (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,312,022
Expenses
$3,811,277
Net Income
$500,745
Net Assets
$10,990,906
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,261,909
98.8%
Investment Income $48,813
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,303
Net Inventory Sales $0
Other Revenue $9,603
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $141,716
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $807,446
21.2%
Assets/Debt
Total Assets $15,036,763
Total Liabilities $4,045,857
Net Assets $10,990,906
Club or Co-Op Income
Income From Members $4,261,909
Income From Other Sources $50,113
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director) $113,300 $0 $28,816
Leslie Diaz (President) $0 $0 $0
Bill Caldwell (Vice President) $0 $0 $0
Michael Holmes (Treasurer) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0
Joe Anderson (Director) $0 $0 $0
Ian Rogerson (Director) $0 $0 $0
Tom Shaffer (Director) $0 $0 $0
Kathleen Turner (Director) $0 $0 $0
Bob Marini (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,581,479
Expenses
$3,779,870
Net Income
$801,609
Net Assets
$10,492,045
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,544,303
99.2%
Investment Income $53,138
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$25,630
Net Inventory Sales $0
Other Revenue $9,668
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $141,518
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $764,569
20.2%
Assets/Debt
Total Assets $15,116,997
Total Liabilities $4,624,952
Net Assets $10,492,045
Club or Co-Op Income
Income From Members $4,544,303
Income From Other Sources $37,176
Compensation
Key Employees and Officers Compensation Related Other
Bonnie Pringle (Utility Director) $110,294 $0 $31,224
Dave Mchugh (President) $0 $0 $0
Bill Caldwell (Vice President) $0 $0 $0
Joe Anderson (Director) $0 $0 $0
Terry Bisset (Director) $0 $0 $0
Bob Marini (Director) $0 $0 $0
Kathleen Turner (Director) $0 $0 $0
Michael Holmes (Treasurer) $0 $0 $0
Tom Shaffer (Director) $0 $0 $0
Sue Spurgeon (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,466,898
Expenses
$3,748,104
Net Income
$718,794
Net Assets
$9,682,621
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,404,378
98.6%
Investment Income $56,992
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,413
Net Inventory Sales $0
Other Revenue $10,941
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $137,578
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $724,847
19.3%
Assets/Debt
Total Assets $14,779,921
Total Liabilities $5,097,300
Net Assets $9,682,621
Club or Co-Op Income
Income From Members $4,404,738
Income From Other Sources $67,573

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,418,076
Expenses
$3,494,611
Net Income
$923,465
Net Assets
$9,004,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,367,883
98.9%
Investment Income $62,186
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$20,786
Net Inventory Sales $0
Other Revenue $8,793
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,034
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $718,648
20.6%
Assets/Debt
Total Assets $14,555,493
Total Liabilities $5,550,656
Net Assets $9,004,837
Club or Co-Op Income
Income From Members $4,368,243
Income From Other Sources $70,619

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,166,922
Expenses
$3,627,312
Net Income
$539,610
Net Assets
$8,121,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,083,673
98.0%
Investment Income $67,030
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,019
Net Inventory Sales $0
Other Revenue $17,238
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $120,858
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $743,851
20.5%
Assets/Debt
Total Assets $14,155,124
Total Liabilities $6,033,980
Net Assets $8,121,144
Club or Co-Op Income
Income From Members $4,083,793
Income From Other Sources $84,148

Document Links

Fiscal Year Ending Sept.
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 Sept.
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 Sept.
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 Sept.
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 Sept.
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 Sept.
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

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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