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Magees Creek 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
$3.38M (2024)

Expenses
$1.17M (2024)

Total Assets
$7.04M (2024)

Total Liabilities
$148k (2024)

Source: Form 990 tax filings from 2010 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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,383,222
Expenses
$1,174,774
Net Income
$2,208,448
Net Assets
$6,895,822
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,041,667
60.3%
Program Services $1,247,995
36.9%
Investment Income $93,560
2.8%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $271,859
23.1%
Assets/Debt
Total Assets $7,043,719
Total Liabilities $147,897
Net Assets $6,895,822
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (President) $0 $0 $0
Ben Atwood (Director) $0 $0 $0
Jason Mallett (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Larry Holland (Vice President) $0 $0 $0
Lonnie Ball (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,345,784
Expenses
$1,004,580
Net Income
$341,204
Net Assets
$4,704,542
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,285,052
95.5%
Investment Income $60,732
4.5%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $249,856
24.9%
Assets/Debt
Total Assets $4,801,088
Total Liabilities $96,546
Net Assets $4,704,542
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Jason Mallett (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Larry Holland (Vice President) $0 $0 $0
Lonnie Ball (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,215,127
Expenses
$918,197
Net Income
$296,930
Net Assets
$4,366,889
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,209,400
99.5%
Investment Income $5,727
0.5%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $232,669
25.3%
Assets/Debt
Total Assets $4,452,239
Total Liabilities $85,350
Net Assets $4,366,889
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Jason Mallett (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Larry Holland (Vice President) $0 $0 $0
Lonnie Ball (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,181,956
Expenses
$1,031,910
Net Income
$150,046
Net Assets
$4,065,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,176,318
99.5%
Investment Income $5,638
0.5%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $293,545
28.4%
Assets/Debt
Total Assets $4,149,396
Total Liabilities $83,875
Net Assets $4,065,521
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Jason Mallett (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Larry Holland (Vice President) $0 $0 $0
Lonnie Ball (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,035,406
Expenses
$1,032,171
Net Income
$3,235
Net Assets
$3,915,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,011,086
97.7%
Investment Income $24,320
2.3%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $259,131
25.1%
Assets/Debt
Total Assets $4,207,239
Total Liabilities $291,764
Net Assets $3,915,475
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Jason Mallett (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Samuel Echols (President) $0 $0 $0
Larry Holland (Vice President) $0 $0 $0
Lonnie Ball (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$970,011
Expenses
$878,557
Net Income
$91,454
Net Assets
$3,916,102
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $943,735
97.3%
Investment Income $26,276
2.7%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $240,973
27.4%
Assets/Debt
Total Assets $4,215,204
Total Liabilities $299,102
Net Assets $3,916,102
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (Vice President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Jason Mallett (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Samuel Echols (President) $0 $0 $0
Larry Holland (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$932,168
Expenses
$871,774
Net Income
$60,394
Net Assets
$3,833,916
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $918,713
98.6%
Investment Income $13,455
1.4%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $189,435
21.7%
Assets/Debt
Total Assets $4,140,249
Total Liabilities $306,333
Net Assets $3,833,916
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (Vice President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Chad Mcelveen (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Samuel Echols (President) $0 $0 $0
Roland Vandenweghe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$831,058
Expenses
$817,819
Net Income
$13,239
Net Assets
$3,773,522
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $824,869
99.3%
Investment Income $6,189
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 $10,353
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $194,185
23.7%
Assets/Debt
Total Assets $4,089,920
Total Liabilities $316,398
Net Assets $3,773,522
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (Vice President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Chad Mcelveen (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Samuel Echols (President) $0 $0 $0
Roland Vandenweghe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$851,254
Expenses
$826,233
Net Income
$25,021
Net Assets
$3,760,283
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $844,958
99.3%
Investment Income $6,296
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 $10,190
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $204,323
24.7%
Assets/Debt
Total Assets $4,095,028
Total Liabilities $334,745
Net Assets $3,760,283
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (Vice President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Chad Mcelveen (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Samuel Echols (President) $0 $0 $0
Roland Vandenweghe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$801,272
Expenses
$763,646
Net Income
$37,626
Net Assets
$3,521,037
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $796,364
99.4%
Investment Income $4,908
0.6%
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 $11,686
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $198,204
26.0%
Assets/Debt
Total Assets $3,609,439
Total Liabilities $88,402
Net Assets $3,521,037
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (Vice President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Chad Mcelveen (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Samuel Echols (President) $0 $0 $0
Roland Vandenweghe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$819,106
Expenses
$728,647
Net Income
$90,459
Net Assets
$3,483,411
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $807,087
98.5%
Investment Income $5,169
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,850
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $10,397
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $171,108
23.5%
Assets/Debt
Total Assets $3,553,641
Total Liabilities $70,230
Net Assets $3,483,411
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Ronald Bracey (Vice President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Chad Mcelveen (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Samuel Echols (President) $0 $0 $0
Roland Vandenweghe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$787,780
Expenses
$710,623
Net Income
$77,157
Net Assets
$3,392,952
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $751,590
95.4%
Investment Income $7,245
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $28,945
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $10,798
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $171,389
24.1%
Assets/Debt
Total Assets $3,457,923
Total Liabilities $64,971
Net Assets $3,392,952
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Roland Vandenweghe (Director) $0 $0 $0
Ronald Bracey (Vice President) $0 $0 $0
Jerry Turner (Director) $0 $0 $0
Chad Mcelveen (Director) $0 $0 $0
Sonny Boyd (Director) $0 $0 $0
Jimmy Boyd (Director) $0 $0 $0
Duane Powell (Director) $0 $0 $0
Samuel Echols (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$789,736
Expenses
$683,281
Net Income
$106,455
Net Assets
$3,315,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $775,394
98.2%
Investment Income $14,342
1.8%
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 $9,602
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $178,400
26.1%
Assets/Debt
Total Assets $3,373,709
Total Liabilities $57,914
Net Assets $3,315,795
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$862,287
Expenses
$673,988
Net Income
$188,299
Net Assets
$3,209,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $829,743
96.2%
Investment Income $32,544
3.8%
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 $10,274
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $168,969
25.1%
Assets/Debt
Total Assets $3,271,130
Total Liabilities $61,790
Net Assets $3,209,340
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$752,933
Expenses
$639,620
Net Income
$113,313
Net Assets
$3,021,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $722,591
96.0%
Investment Income $30,342
4.0%
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 $8,063
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $169,949
26.6%
Assets/Debt
Total Assets $3,077,795
Total Liabilities $56,754
Net Assets $3,021,041
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

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.
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.

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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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