Skip to content
ProPublica Donate

South Eastern 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
$6.7M (2024)

Expenses
$5.32M (2024)

Total Assets
$33.1M (2024)

Total Liabilities
$11.5M (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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,698,966
Expenses
$5,317,852
Net Income
$1,381,114
Net Assets
$21,626,188
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,512,914
82.3%
Investment Income $130,275
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,055,777
15.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $40,000
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $660,394
12.4%
Assets/Debt
Total Assets $33,125,781
Total Liabilities $11,499,593
Net Assets $21,626,188
Club or Co-Op Income
Income From Members $0
Income From Other Sources $5,512,914
Compensation
Key Employees and Officers Compensation Related Other
Morris Vaughn (Manager) $99,136 $0 $0
Bobby Crow (Director) $6,000 $0 $0
Wade Bumgardner (Director) $6,000 $0 $0
Joe D Crawford (Director) $6,000 $0 $0
Grant Treado (Director) $6,000 $0 $0
Dwight Faulkner (Director) $6,000 $0 $0
Dennis R Faulkner (Director) $6,000 $0 $0
Mark O Davis (Director) $4,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,679,158
Expenses
$4,788,655
Net Income
$890,503
Net Assets
$19,602,826
Notable Sources of Revenue Percent of Total Revenue
Contributions $163,138
2.9%
Program Services $5,194,768
91.5%
Investment Income $94,683
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $226,569
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $546,894
11.4%
Assets/Debt
Total Assets $30,607,991
Total Liabilities $11,005,165
Net Assets $19,602,826
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Mark O Davis (Director) $0 $0 $0
Grant Treado (Director) $0 $0 $0
Dennis R Faulkner (Director) $0 $0 $0
Dwight Faulkner (Director) $0 $0 $0
Bobby Crow (Director) $0 $0 $0
Ernest Stout Jr (Director) $0 $0 $0
Joe D Crawford (Director) $0 $0 $0
Wade Bumgardner (Director) $0 $0 $0
Morris Vaughn (Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,680,102
Expenses
$5,036,694
Net Income
$643,408
Net Assets
$19,339,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,582,810
98.3%
Investment Income $15,105
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $82,187
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $539,674
10.7%
Assets/Debt
Total Assets $31,125,318
Total Liabilities $11,785,797
Net Assets $19,339,521
Club or Co-Op Income
Income From Members $5,137,878
Income From Other Sources $542,224
Compensation
Key Employees and Officers Compensation Related Other
Morris Vaughn (Manager) $83,688 $0 $0
Grant Treado (Director) $6,000 $0 $0
Dennis R Faulkner (Director) $6,000 $0 $0
Joe D Crawford (Director) $6,000 $0 $0
Ernest Stout Jr (Director) $6,000 $0 $0
Bobby Crow (Director) $6,000 $0 $0
Wade Bumgardner (Director) $6,000 $0 $0
Mark O Davis (Director) $1,000 $0 $0
Dwight Faulkner (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,722,292
Expenses
$4,656,360
Net Income
$1,065,932
Net Assets
$18,696,113
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,599,318
97.9%
Investment Income $63,979
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $58,995
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $43,000
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $556,742
12.0%
Assets/Debt
Total Assets $31,183,377
Total Liabilities $12,487,264
Net Assets $18,696,113
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Morris Vaughn (Manager) $85,284 $0 $0
Grant Treado (Director) $6,000 $0 $0
Dwight Faulkner (Director) $6,000 $0 $0
Dennis R Faulkner (Director) $6,000 $0 $0
Bobby Crow (Director) $6,000 $0 $0
Ernest Stout Jr (Director) $6,000 $0 $0
Wade Bumgardner (Director) $6,000 $0 $0
Joe D Crawford (Director) $6,000 $0 $0
Mark O Davis (Director) $1,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,087,693
Expenses
$4,052,819
Net Income
$1,034,874
Net Assets
$17,630,181
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,004,592
98.4%
Investment Income $79,391
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,710
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $44,200
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $497,425
12.3%
Assets/Debt
Total Assets $28,342,307
Total Liabilities $10,712,126
Net Assets $17,630,181
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Mark O Davis (Director) $0 $0 $0
Grant Treado (Director) $0 $0 $0
Dennis R Faulkner (Director) $0 $0 $0
Dwight Faulkner (Director) $0 $0 $0
Bobby Crow (Director) $0 $0 $0
Ernest Stout Jr (Director) $0 $0 $0
Joe D Crawford (Director) $0 $0 $0
Wade Bumgardner (Director) $0 $0 $0
Morris Vaughn (Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,310,534
Expenses
$4,335,148
Net Income
-$24,614
Net Assets
$16,794,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,243,335
98.4%
Investment Income $67,199
1.6%
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 $41,500
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $449,520
10.4%
Assets/Debt
Total Assets $27,378,132
Total Liabilities $10,583,744
Net Assets $16,794,388
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Morris Vaughn (Manager) $74,297 $0 $0
Ernest Stout Jr (Director) $0 $0 $0
Bobby Crow (Director) $0 $0 $0
Wade Bumgardner (Director) $0 $0 $0
Joe D Crawford (Director) $0 $0 $0
Grant Treado (Director) $0 $0 $0
Mark O Davis (Director) $0 $0 $0
Dwight Faulkner (Director) $0 $0 $0
Dennis R Faulkner (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,177,958
Expenses
$2,306,888
Net Income
-$128,930
Net Assets
$16,800,630
Notable Sources of Revenue Percent of Total Revenue
Contributions $53,500
2.5%
Program Services $0
Investment Income $69,440
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,055,018
94.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $150,393
6.5%
Professional Fundraising Fees $0
Other Salaries and Wages $102,267
4.4%
Assets/Debt
Total Assets $27,719,230
Total Liabilities $10,918,600
Net Assets $16,800,630
Club or Co-Op Income
Income From Members $4,420,394
Income From Other Sources $69,440
Compensation
Key Employees and Officers Compensation Related Other
Ernest Stout Jr (Director) $0 $0 $0
Bobby Crow (Director) $0 $0 $0
Wade Bumgardner (Director) $0 $0 $0
William H Phelps (Director) $0 $0 $0
Joe D Crawford (Director) $0 $0 $0
Grant Treado (Director) $0 $0 $0
Mark O Davis (Director) $0 $0 $0
Dwight Faulkner (Director) $0 $0 $0
Dennis R Faulkner (Director) $0 $0 $0
Morris Vaughn (Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,503,528
Expenses
$2,446,568
Net Income
$56,960
Net Assets
$16,930,038
Notable Sources of Revenue Percent of Total Revenue
Contributions $48,830
2.0%
Program Services $0
Investment Income $42,275
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,412,423
96.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $107,799
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $358,576
14.7%
Assets/Debt
Total Assets $28,124,034
Total Liabilities $11,193,996
Net Assets $16,930,038
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Morris Vaughn (Manager) $67,799 $0 $3,390
Ernest Stout Jr (Director) $6,000 $0 $0
Bobby Crow (Director) $6,000 $0 $0
Wade Bumgardner (Director) $6,000 $0 $0
William H Phelps (Director) $6,000 $0 $0
Joe D Crawford (Director) $6,000 $0 $0
Grant Treado (Director) $6,000 $0 $0
Mark O Davis (Director) $4,500 $0 $0
Dwight Faulkner (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,656,103
Expenses
$2,526,209
Net Income
$129,894
Net Assets
$16,805,033
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,245
1.5%
Program Services $0
Investment Income $17,092
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $825
0.0%
Net Inventory Sales $2,597,941
97.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $108,727
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $314,972
12.5%
Assets/Debt
Total Assets $28,365,647
Total Liabilities $11,560,614
Net Assets $16,805,033
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Morris Vaughn (Manager) $69,227 $0 $0
Ernest Stout Jr (Director) $6,000 $0 $0
Bobby Crow (Director) $6,000 $0 $0
Wade Bumgardner (Director) $6,000 $0 $0
William H Phelps (Director) $6,000 $0 $0
Joe D Crawford (Director) $6,000 $0 $0
Grant Treado (Director) $6,000 $0 $0
Mark O Davis (Director) $0 $0 $0
Dwight Faulkner (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,894,148
Expenses
$2,476,802
Net Income
$417,346
Net Assets
$16,675,139
Notable Sources of Revenue Percent of Total Revenue
Contributions $122,351
4.2%
Program Services $0
Investment Income $16,962
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,707,170
93.5%
Other Revenue $47,665
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $100,462
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $281,356
11.4%
Assets/Debt
Total Assets $28,437,746
Total Liabilities $11,762,607
Net Assets $16,675,139
Club or Co-Op Income
Income From Members $4,100,973
Income From Other Sources $98,057

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,051,307
Expenses
$2,560,847
Net Income
$490,460
Net Assets
$16,195,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $275,636
9.0%
Program Services $0
Investment Income $10,456
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,713,828
88.9%
Other Revenue $51,387
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $98,108
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $257,650
10.1%
Assets/Debt
Total Assets $28,088,077
Total Liabilities $11,892,629
Net Assets $16,195,448
Club or Co-Op Income
Income From Members $3,998,034
Income From Other Sources $271,597

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,119,550
Expenses
$2,245,774
Net Income
$873,776
Net Assets
$15,610,760
Notable Sources of Revenue Percent of Total Revenue
Contributions $471,526
15.1%
Program Services $0
Investment Income $4,355
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,586,544
82.9%
Other Revenue $57,125
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $93,893
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $243,906
10.9%
Assets/Debt
Total Assets $27,932,838
Total Liabilities $12,322,078
Net Assets $15,610,760
Club or Co-Op Income
Income From Members $3,937,296
Income From Other Sources $475,881

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,514,744
Expenses
$2,147,361
Net Income
$1,367,383
Net Assets
$14,696,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $931,172
26.5%
Program Services $0
Investment Income $7,340
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,524,036
71.8%
Other Revenue $52,196
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $95,540
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $27,534,984
Total Liabilities $12,838,319
Net Assets $14,696,665
Club or Co-Op Income
Income From Members $3,822,997
Income From Other Sources $1,246,765

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,023,174
Expenses
$1,916,386
Net Income
$1,106,788
Net Assets
$13,230,349
Notable Sources of Revenue Percent of Total Revenue
Contributions $566,555
18.7%
Program Services $0
Investment Income $1,508
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,455,111
81.2%
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 $26,051,411
Total Liabilities $12,821,062
Net Assets $13,230,349
Club or Co-Op Income
Income From Members $3,602,762
Income From Other Sources $86,421

Document Links

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

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

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

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

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

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

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

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 »

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 »

See an issue with the data?

Contact Us