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Toomsuba Water System

EIN 64-0679774 · Toomsuba, MS

Public records raise at least one point you should look into before giving.

What it says it does

TOOMSUBA WATER SYSTEM, INC. IS A RURAL WATER ASSOCIATON WHICH PROVIDES WATER TO CUSTOMERS IN A RURAL AREA IN TOOMSUBA, MISSISSIPPI.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (6)

$188,792 spent. DEPRECIATION EXPENSE - DEPRECIATION IS CLAIMED ON THE WATER DISTRIBUTION SYSTEM AND ALL EQUIPMENT REQUIRED TO MAINTAIN AND SERVICE THE WELL, DISTRIBUTION SYSTEM, AND TREATMENT FACILITY. DEPRECIATION IS CLAIMED UTILIZING THE STRAIGHT LINE METHOD OF DEPRECIATION.
$139,402 spent. SALARIES EXPENSE - ALL EMPLOYEES OF THE ASSOCIATION WORK FOR THE BETTERMENT OF THE ASSOCIATION TO KEEP THE WELLS RUNNING AND SERVING ALL CUSTOMERS.
$74,727 spent. INTEREST EXPENSE - TOOMSUBA WATER SYSTEM, INC. RECENTLY COMPLETED A LARGE EXPANSION AND UPGRADE OF THE WATER SYSTEM. A LARGE PORTION OF THE REVENUE IS USED TO SERVICE THE DEBT TO THIS PROJECT.
$295,835 spent. TOOMSUBA WATER SYSTEM, INC. PROVIDES WATER TO CUSTOMERS IN A RURAL AREA IN TOOMSUBA, MISSISSIPPI.
FORM 990, PART III, SECTION 4D, OTHER PROGRAM EXPENSES: AUTO EXPENSE 12,890 BAD DEBT EXPENSE 6,271 EMPLOYEE BENEFITS 29,452 INSURANCE 50,322 MISCELLANEOUS 3,587 OFFICE EXPENSE 16,135 PAYROLL TAXES 10,910 REPAIRS AND MAINTENANCE 70,796 SALES TAX 807 TELEPHONE 8,440 UNIFORMS 254 UTILITIES 48,837 WATER ANALYSIS FEE 4,340 WATER WELL SUPPLIES 32,794 TOTAL 295,835
TOOMSUBA WATER SYSTEM, INC. PROVIDES WATER TO CUSTOMERS IN A RURAL AREA IN TOOMSUBA, MISSISSIPPI.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(12) benevolent life insurance association or utility cooperative.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(12) benevolent life insurance association or utility cooperative as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.