Nonprofit · EIN 61-1057445
JUDY WATER ASSOCIATION INC
Tax-exempt · MT STERLING, KY 40353
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,118,411 | $967,418 | $150,993 | $6,404,009 | $1,377,680 | $5,026,329 |
| December 31, 2024 | 990 | $1,067,658 | $899,566 | $168,092 | $6,292,407 | $1,417,071 | $4,875,336 |
| December 31, 2023 | 990 | $1,096,261 | $844,102 | $252,159 | $6,224,194 | $1,516,950 | $4,707,244 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $24,572
- Net income from sales of inventory
- $1,093,839
- Other revenue
- $1,093,839
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $121,979
- Other salaries and wages
- $226,821
- Salaries, compensation and benefits (total)
- $419,140
- Professional fundraising fees
- $0
- Accounting fees
- $16,250
- Depreciation
- $215,743
Balance sheet and other
- Total assets, start of year
- $6,292,407
- Total assets, end of year
- $6,404,009
- Total liabilities, end of year
- $1,377,680
- Net assets, end of year
- $5,026,329
- Land, buildings and equipment
- $4,527,966
- Net assets without donor restrictions
- $5,026,329
- Gross receipts
- $1,963,729
- Employees
- 9
- Volunteers
- 0
- Year formed
- 1972
- State of legal domicile
- KY
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLY RAY FAWNS | OPERATIONS MANAGER Officer | 50 | $103,679 |
| CHRIS COCKRELL | SEC./TREAS. Trustee or director, Officer | 8 | $6,100 |
| GREG WILLIAMSON | PRESIDENT Trustee or director, Officer | 6 | $6,100 |
| CARL HARTGROVE | VICE PRESIDENT Trustee or director | 6 | $6,100 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLY RAY FAWNS | OPERATIONS MANAGER Officer | 50 | $90,421 |
| CHRIS COCKRELL | SEC./TREAS. Trustee or director, Officer | 8 | $6,100 |
| GREG WILLIAMSON | PRESIDENT Trustee or director, Officer | 6 | $6,100 |
| CARL HARTGROVE | VICE PRESIDENT Trustee or director | 6 | $6,100 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLY RAY FAWNS | OPERATIONS MANAGER Officer | 50 | $91,212 |
| CHRIS COCKRELL | SEC./TREAS. Trustee or director, Officer | 8 | $6,400 |
| GREG WILLIAMSON | PRESIDENT Trustee or director, Officer | 6 | $6,400 |
| CARL HARTGROVE | VICE PRESIDENT Trustee or director | 6 | $6,400 |
Address and contacts
- Address (IRS master file)
- 2010 MAYSVILLE RD, MT STERLING, KY 40353-9371
- Principal officer (990 for 2025)
- BILLY RAY FAWNS, 4455 VAN THOMPSON ROAD, OWINGSVILLE, KY 40360
- Signed the 990
- BILLY RAY FAWNS, OPERATIONS MANAGER
- Phone
- (859) 498-4809
- Return prepared by
- FAULKNER KING & WENZ PSC
Mission
JUDY WATER ASSOCIATION PROVIDES WATER UTILITY SERVICE TO CUSTOMERS IN MONTGOMERY, BATH, BOURBON, CLARK, AND NICHOLAS COUNTIES IN KENTUCKY.
Program accomplishments
- SEE PART VIII
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 | 990 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
- 61-1057445
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,404,009
- Income (IRS master file)
- $1,963,729
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,118,411 | $967,418 | $6,404,009 | XML |
| 990 | December 2024 | $1,067,658 | $899,566 | $6,292,407 | XML |
| 990 | December 2023 | $1,096,261 | $844,102 | $6,224,194 | XML |
| 990 | December 2022 | $793,880 | $826,151 | $5,950,343 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 61-1057445).
Questions about JUDY WATER ASSOCIATION INC
- What is the EIN of JUDY WATER ASSOCIATION INC?
- The employer identification number (EIN) of JUDY WATER ASSOCIATION INC is 61-1057445.
- Is JUDY WATER ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1993.
- Are donations to JUDY WATER ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does JUDY WATER ASSOCIATION 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 JUDY WATER ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JUDY WATER ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of JUDY WATER ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names BILLY RAY FAWNS.
- Who are the officers and directors of JUDY WATER ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $103,679 (BILLY RAY FAWNS, OPERATIONS MANAGER).
- How much revenue does JUDY WATER ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,118,411, expenses of $967,418 and total assets of $6,404,009 at year end.
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