Hogan Water Corp FY2022 filing

Not tax-deductible

Aurora, INMutual-benefit / member-servingMutual/Membership EIN 31-1206016Revenue −$5K in FY2022

On file with the IRS315 Importing St Suite 103, 47001-1415 · Aurora, INTax-exempt since May 2021

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To provide Water utilities to residents.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $85 a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
12 mo
of spending, in cash
Looks good: 12.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$48K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$5K
-107% vs prior year
Spent
$73K
To programs
100%
Net assets
$492K
By yearFY2021–FY2025
Revenue
−$5K
FY2022▼ -107%
Tap a bar for its year
Revenue by fiscal year
FY2021$67K
FY2022−$5K
FY2023$130K
FY2024$100K
FY2025$114K
Expenses
$73K
FY2022▼ -14%
Tap a bar for its year
Expenses by fiscal year
FY2021$85K
FY2022$73K
FY2023$79K
FY2024$83K
FY2025$86K
Net assets
$492K
FY2022▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2021$568K
FY2022$492K
FY2023$543K
FY2024$561K
FY2025$591K

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2012-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in May 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $73K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Sam Bentle’s $1K as Secretary is at the 9th percentile of top reported officer pay among 539 $100K–1M mutual/membership nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023
Sam Bentle$1,199$1,195$500
Mark Durbin$599$595$200
Daniel Deaton$599$595$200
David McCabe$599$595$200
Michael McCabe$599$595$200
Angel Lieland—$495—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hogan Water Corp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides clean water services to communities.

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1 program · in their own filed words · FY2022
01

To provide water utilities to residents.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
−$5K
Ln 12
Investment incomeLn 3$444
Money outPt IX
$73K
Ln 25
Programscol B$73K
Owns and owesPt X
$492K
net assets · Ln 32
Cash and savingsLn 1–2$75K
Total assetsLn 16$540K
LiabilitiesLn 26$48K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$444
Total revenueLn 12−$5K
Assets in detailPt X, end of year
CashLn 1$75K
Cash and savings togetherLn 1–2$75K
Land, buildings, equipmentLn 10c$365K
Other assetsLn 15$59K
Total assetsLn 16$540K
LiabilitiesLn 26$48K
Net assetsLn 32$492K
OperationsPt I, VI
EmployeesI 51
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$214K$75K
Land, buildings, equipmentLn 10c$277K$365K
Total assetsLn 16$612K$540K
LiabilitiesLn 26$44K$48K
Net assetsLn 32$568K$492K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$26K$26K
Payroll taxesLn 10$2K$2K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$16K$16K
OccupancyLn 16$4K$4K
InterestLn 20$95$95
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24−$647−$647
Total functional expensesLn 25$73K$73K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $114K$86K$28K$591K 990 PDF
FY2024 $100K$83K$17K$561K 990 PDF
FY2023 $130K$79K$51K$543K 990 PDF
FY2022 Viewing −$5K$73K−$78K$492K 990 PDF
FY2021 $67K$85K−$18K$568K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary −$4,725 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment income$444
I-11 Other revenuePrior year $66,576−$5,169
I-12 Total revenuePrior year $66,576−$4,725
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $23,808$27,573
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $60,935$45,525
I-18 Total expensesPrior year $84,743$73,098
I-19 Revenue less expensesPrior year −$18,167−$77,823
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue −$4,725 across 2 lines filed
Lines not itemized here account for −$5,169 of total revenue; see the IRS return.
VIII-3 Investment incomeExcluded from tax $444$444
VIII-12 Total revenueExcluded from tax −$4,725−$4,725
Part IX · Statement of functional expenses $73,098 across 10 lines filed
IX-7 Other salaries and wagesPrograms $25,569$25,569
IX-10 Payroll taxesPrograms $2,004$2,004
IX-11c Accounting feesPrograms $5,939$5,939
IX-11g Other fees for servicesPrograms $1,555$1,555
IX-13 Office expensesPrograms $15,521$15,521
IX-16 OccupancyPrograms $4,200$4,200
IX-20 InterestPrograms $95$95
IX-22 Depreciation, depletion and amortizationPrograms $14,193$14,193
IX-23 InsurancePrograms $4,669$4,669
IX-24 Other expenses (24a–d)Programs −$647−$647
IX-25 Total functional expensesPrograms $73,098 · Management $0 · Fundraising $0$73,098
Part X · Balance sheet $539,694 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $213,845$74,863
X-4 Accounts receivableStart of year $31,676$41,110
X-10c Land, buildings and equipment, netStart of year $277,083$364,721
X-15 Other assetsStart of year $89,271$59,000
X-16 Total assetsStart of year $611,875$539,694
X-17 Accounts payable and accrued expensesStart of year $12,952$16,241
X-25 Other liabilitiesStart of year $31,014$31,867
X-26 Total liabilitiesStart of year $43,966$48,108
X-32 Total net assets or fund balancesStart of year $567,909$491,586
X-33 Total liabilities and net assetsStart of year $611,875$539,694
Part XI · Reconciliation of net assets $491,586 net assets at year end
XI-1 Total revenue−$4,725
XI-2 Total expenses$73,098
XI-3 Revenue less expenses−$77,823
XI-4 Net assets at start of year$567,909
XI-9 Other changes in net assets$1,500
XI-10 Net assets at end of year$491,586

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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