Skip to content
ProPublica Donate
ProPublica Donate

Pisgah 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.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$384k (2023)

20112023 $0$200k$400k$600k

Expenses
$340k (2023)

20112023 $0$100k$200k$300k$400k

Total Assets
$2.12M (2023)

20112023 $0$500k$1M$1.5M$2M$2.5M

Total Liabilities
$977k (2023)

20112023 $0$200k$400k$600k$800k$1M$1.2M
Source: Form 990 tax filings from 2011 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$383,756
Expenses
$340,057
Net Income
$43,699
Net Assets
$1,140,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $373,891
97.4%
Investment Income $1,676
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,189
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $52,736
15.5%
Assets/Debt
Total Assets $2,117,646
Total Liabilities $977,325
Net Assets $1,140,321
Club or Co-Op Income
Income From Members $373,891
Income From Other Sources $9,865
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ty Irby (President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Simeon Smith (Vice President) $0 $0 $0
Matthew Boyd (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0
Mason Mcgee (Board Member) $0 $0 $0
David Boyd (Former President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$519,169
Expenses
$338,640
Net Income
$180,529
Net Assets
$1,096,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $177,035
34.1%
Program Services $321,518
61.9%
Investment Income $733
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $19,883
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $46,078
13.6%
Assets/Debt
Total Assets $1,966,753
Total Liabilities $870,131
Net Assets $1,096,622
Club or Co-Op Income
Income From Members $321,518
Income From Other Sources $197,651
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Former Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Simeon Smith (Board Member) $0 $0 $0
Tyler Irby (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0
Mason Mcgee (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$303,001
Expenses
$286,685
Net Income
$16,316
Net Assets
$916,093
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $302,058
99.7%
Investment Income $943
0.3%
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 $42,668
14.9%
Assets/Debt
Total Assets $1,888,878
Total Liabilities $972,785
Net Assets $916,093
Club or Co-Op Income
Income From Members $288,425
Income From Other Sources $14,576
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Simeon Smith (Board Member) $0 $0 $0
Tyler Irby (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$283,985
Expenses
$258,369
Net Income
$25,616
Net Assets
$899,777
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $280,206
98.7%
Investment Income $3,779
1.3%
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 $34,963
13.5%
Assets/Debt
Total Assets $1,696,849
Total Liabilities $797,072
Net Assets $899,777
Club or Co-Op Income
Income From Members $265,936
Income From Other Sources $18,049
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Simeon Smith (Board Member) $0 $0 $0
Tyler Irby (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$307,593
Expenses
$250,406
Net Income
$57,187
Net Assets
$874,161
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $304,099
98.9%
Investment Income $3,494
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $35,496
14.2%
Assets/Debt
Total Assets $1,702,520
Total Liabilities $828,359
Net Assets $874,161
Club or Co-Op Income
Income From Members $271,240
Income From Other Sources $36,354
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Joel Taylor (Board Member) $0 $0 $0
Tyler Irby (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$287,352
Expenses
$274,794
Net Income
$12,558
Net Assets
$816,974
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $285,694
99.4%
Investment Income $1,658
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $32,704
11.9%
Assets/Debt
Total Assets $1,670,396
Total Liabilities $853,422
Net Assets $816,974
Club or Co-Op Income
Income From Members $270,273
Income From Other Sources $17,079
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Joel Taylor (Board Member) $0 $0 $0
Tyler Irby (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$277,968
Expenses
$246,562
Net Income
$31,406
Net Assets
$804,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $276,989
99.6%
Investment Income $979
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $28,442
11.5%
Assets/Debt
Total Assets $1,684,326
Total Liabilities $879,910
Net Assets $804,416
Club or Co-Op Income
Income From Members $260,522
Income From Other Sources $17,446
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Joel Taylor (Board Member) $0 $0 $0
Jack Herring (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$296,930
Expenses
$262,933
Net Income
$33,997
Net Assets
$773,010
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $296,364
99.8%
Investment Income $566
0.2%
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 $31,104
11.8%
Assets/Debt
Total Assets $1,677,663
Total Liabilities $904,653
Net Assets $773,010
Club or Co-Op Income
Income From Members $283,568
Income From Other Sources $13,362
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Joel Taylor (Board Member) $0 $0 $0
Jack Herring (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$286,918
Expenses
$277,829
Net Income
$9,089
Net Assets
$739,013
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $286,166
99.7%
Investment Income $752
0.3%
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 $35,063
12.6%
Assets/Debt
Total Assets $1,667,468
Total Liabilities $928,455
Net Assets $739,013
Club or Co-Op Income
Income From Members $256,302
Income From Other Sources $21,517
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Joel Taylor (Board Member) $0 $0 $0
Jack Herring (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$263,424
Expenses
$268,275
Net Income
-$4,851
Net Assets
$729,924
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $262,561
99.7%
Investment Income $863
0.3%
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 $19,813
7.4%
Assets/Debt
Total Assets $1,679,715
Total Liabilities $949,791
Net Assets $729,924
Club or Co-Op Income
Income From Members $248,626
Income From Other Sources $14,799
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Joel Taylor (Board Member) $0 $0 $0
Jack Herring (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$258,303
Expenses
$283,165
Net Income
-$24,862
Net Assets
$734,775
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $257,431
99.7%
Investment Income $872
0.3%
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 $31,939
11.3%
Assets/Debt
Total Assets $1,706,914
Total Liabilities $972,139
Net Assets $734,775
Club or Co-Op Income
Income From Members $247,928
Income From Other Sources $10,375
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Boyd (President) $0 $0 $0
Tony Chaffin (Vice President) $0 $0 $0
Sherri Hollingsworth (Secretary/Treasurer) $0 $0 $0
Joel Taylor (Board Member) $0 $0 $0
Jack Herring (Board Member) $0 $0 $0
Mattie Watson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$252,706
Expenses
$282,521
Net Income
-$29,815
Net Assets
$759,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $248,524
98.3%
Investment Income $1,482
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,700
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $34,672
12.3%
Assets/Debt
Total Assets $1,748,804
Total Liabilities $989,167
Net Assets $759,637
Club or Co-Op Income
Income From Members $248,524
Income From Other Sources $2,700

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$267,994
Expenses
$262,998
Net Income
$4,996
Net Assets
$789,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $262,185
97.8%
Investment Income $2,184
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,625
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $28,622
10.9%
Assets/Debt
Total Assets $1,798,306
Total Liabilities $1,008,854
Net Assets $789,452
Club or Co-Op Income
Income From Members $262,185
Income From Other Sources $3,625

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

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 »