Nonprofit · EIN 57-0980098
LAKE KEOWEE UTILITY SYSTEMS INC
Tax-exempt · SALEM, SC 29676
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,253,148 | $2,191,515 | $61,633 | $9,253,674 | $3,448,701 | $5,804,973 |
| December 31, 2023 | 990 | $2,219,772 | $2,044,548 | $175,224 | $9,458,765 | $3,717,898 | $5,740,867 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,092,960
- Investment income
- $160,188
- Net gain from sales of assets
- $84,297
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $423,752
- Salaries, compensation and benefits (total)
- $456,568
- Professional fundraising fees
- $0
- Accounting fees
- $14,340
- Travel
- $3,177
- Depreciation
- $496,212
Balance sheet and other
- Total assets, start of year
- $9,458,765
- Total assets, end of year
- $9,253,674
- Total liabilities, end of year
- $3,448,701
- Net assets, end of year
- $5,804,973
- Land, buildings and equipment
- $6,204,625
- Net assets without donor restrictions
- $5,804,973
- Gross receipts
- $2,253,148
- Employees
- 13
- Volunteers
- 0
- Year formed
- 1993
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Barry Cole | VP Trustee or director, Officer | 2 | $0 |
| RICHARD JOHNSON | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
| Tony Gody | PRESIDENT Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY COLE | PRESIDENT Trustee or director, Officer | 2 | $0 |
| RICHARD JOHNSON | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
| TONY GODY | VP Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1392 STAMP CREEK RD, SALEM, SC 29676-4621
- Principal officer (990 for 2024)
- Tony Gody, 1392 STAMP CREEK ROAD, SALEM, SC 29676
- Signed the 990
- Tony Gody, PRESIDENT
- Phone
- (864) 944-0598
- Return prepared by
- Forvis Mazars LLP
Mission
KKUS is a privately owned utility that provides dependable, cost effective water distribution, waste collection and treatment services to its members while ensuring the safety of all KKUS Team Members and proactively meeting or exceeding all environmental regulations.
Program accomplishments
- Keowee Key Utility Systems, Inc. provides water and sewer services for approximately 1,600 members within the Keowee Key community. Employees are on call 24/7 to respond to water line breakages or sewer-related problems.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 57-0980098
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $9,253,674
- Income (IRS master file)
- $2,253,148
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,253,148 | $2,191,515 | $9,253,674 | XML |
| 990 | December 2023 | $2,219,772 | $2,044,548 | $9,458,765 | XML |
| 990 | December 2022 | $2,249,986 | $2,084,023 | $9,425,976 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-0980098).
Questions about LAKE KEOWEE UTILITY SYSTEMS INC
- What is the EIN of LAKE KEOWEE UTILITY SYSTEMS INC?
- The employer identification number (EIN) of LAKE KEOWEE UTILITY SYSTEMS INC is 57-0980098.
- Is LAKE KEOWEE UTILITY SYSTEMS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1995.
- Are donations to LAKE KEOWEE UTILITY SYSTEMS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKE KEOWEE UTILITY SYSTEMS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE KEOWEE UTILITY SYSTEMS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE KEOWEE UTILITY SYSTEMS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LAKE KEOWEE UTILITY SYSTEMS INC?
- The 990 for the year ended December 31, 2024 names Tony Gody.
- Who are the officers and directors of LAKE KEOWEE UTILITY SYSTEMS INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does LAKE KEOWEE UTILITY SYSTEMS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,253,148, expenses of $2,191,515 and total assets of $9,253,674 at year end.
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