C & C WATER ASSOCIATION INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization: C & C WATER ASSOCIATION INC (EIN 64-0502162)
Tax period: 2025-04-01 to 2026-03-31
Filed: 2026-05-12
IRS object ID: 202631329349300828
Schema version: 2025v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-12T05:01:52-07:00	ReturnTs
Tax Period End	2026-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	640810266	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PRICE & CO PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 364	AddressLine1Txt
City	FOREST	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39074	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2025-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	640502162	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	C & C WATER ASSOCIATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	C&CW	BusinessNameControlTxt
Phone	6016687643	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 52	AddressLine1Txt
City	Hillsboro	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39087	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JESSICA RASCO	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6016687643	PhoneNum
Signature	2026-05-08	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WILLIAM N PRICE JR CPA	PreparerPersonNm
PTIN	P01072551	PTIN
Phone	6014694020	PhoneNum
Preparation	2026-05-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2025	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JESSICA RASCO	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 52	AddressLine1Txt
City	HILLSBORO	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39087	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,572,278	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1967	FormationYr
Legal Domicile State	MS	LegalDomicileStateCd
Activity Or Mission	WATER SALES TO RURAL RESIDENTS	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$92	PYContributionsGrantsAmt
CY Contributions Grants	$1,304,449	CYContributionsGrantsAmt
PY Program Service Revenue	$261,667	PYProgramServiceRevenueAmt
CY Program Service Revenue	$254,079	CYProgramServiceRevenueAmt
PY Investment Income	$9,451	PYInvestmentIncomeAmt
CY Investment Income	$13,750	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$271,210	PYTotalRevenueAmt
CY Total Revenue	$1,572,278	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$250,133	PYOtherExpensesAmt
CY Other Expenses	$271,118	CYOtherExpensesAmt
PY Total Expenses	$250,133	PYTotalExpensesAmt
CY Total Expenses	$271,118	CYTotalExpensesAmt
PY Revenues Less Expenses	$21,077	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,301,160	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,357,089	TotalAssetsBOYAmt
Total Assets EOY	$2,640,810	TotalAssetsEOYAmt
Total Liabilities BOY	$101,178	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$83,739	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,255,911	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,557,071	NetAssetsOrFundBalancesEOYAmt
Mission	WATER SALES TO RURAL RESIDENTS	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$238,840	ExpenseAmt
Grant	$1,304,449	GrantAmt
Revenue	$1,572,278	RevenueAmt
Desc	WATER SALES TO RURAL RESIDENTS-APPROXIMATELY 685 SERVED	Desc
Total Program Service Expenses	$238,840	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	Yes (true)	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	6	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	false	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	TIFFANY GUNN	PersonNm
Phone	6016258428	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3871 HILLSBORO LUDLOW ROAD	AddressLine1Txt
City	FOREST	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39074	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JESSICA RASCO
PRESIDENT	5.00	Yes (X)	Yes (X)	$0	$0	$0
VERNER RAY GATEWOOD
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
RANDY POPE
VICE-PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
ROY MURRAY
DIRECTOR	1.00	Yes (X)		$0	$0	$0
LORAINE DOZIER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CHRIS FISHER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CURTIS STEWART
DIRECTOR	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Government Grants	$1,304,449	GovernmentGrantsAmt
Total Contributions	$1,304,449	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	WATER SALES AND INSTALLATIONS	Desc
Business	221000	BusinessCd
Total Revenue Column	$254,079	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$254,079	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,750	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,572,278	TotalRevenueColumnAmt
Related Or Exempt Func Income	$267,829	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$26,410	TotalAmt
Program Services	$13,205	ProgramServicesAmt
Management And General	$13,205	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$2,815	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$2,815	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$102,861	TotalAmt
Program Services	$102,861	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,468	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$8,468	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,738	TotalAmt
Program Services	$3,738	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$49,132	TotalAmt
Program Services	$47,499	ProgramServicesAmt
Management And General	$1,633	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$15,067	TotalAmt
Program Services	$13,067	ProgramServicesAmt
Management And General	$2,000	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
BANK CHARGES	$118	$0	$118	$0
DUES	$1,539	$0	$1,539	$0
SUPPLIES	$21,607	$21,607	$0	$0
REPAIRS AND MAINTENANCE	$14,308	$14,308	$0	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$25,055	TotalAmt
Program Services	$22,555	ProgramServicesAmt
Management And General	$2,500	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$271,118	TotalAmt
Program Services	$238,840	ProgramServicesAmt
Management And General	$32,278	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$115,538	BOYAmt
EOY	$40,940	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$451,784	BOYAmt
EOY	$513,536	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$48,330	BOYAmt
EOY	$57,844	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$3,688,689	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,660,199	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$741,437	BOYAmt
EOY	$2,028,490	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,357,089	BOYAmt
EOY	$2,640,810	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$288	BOYAmt
EOY	$248	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$99,090	BOYAmt
EOY	$81,991	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,800	BOYAmt
EOY	$1,500	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$101,178	BOYAmt
EOY	$83,739	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,255,911	BOYAmt
EOY	$1,158,209	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
EOY	$1,398,862	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,255,911	BOYAmt
EOY	$2,557,071	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,357,089	BOYAmt
EOY	$2,640,810	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,301,160	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	Yes (true)	AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
FS Audited	false	FSAuditedInd
Audit Committee	false	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nonded	Yes (true)	SubstantiallyAllDuesNondedInd
Only In House Lobbying	Yes (true)	OnlyInHouseLobbyingInd
Agree Carryover Prior Year	Yes (true)	AgreeCarryoverPriorYearInd
Dues Assessments	$253,979	DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY	$0	NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot	$0	NonDeductibleLbbyngPltclTotAmt
Taxable	$0	TaxableAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$5,700	OtherCostOrOtherBasisAmt
Book Value	$5,700	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$70,611	OtherCostOrOtherBasisAmt
Depreciation	$40,587	DepreciationAmt
Book Value	$30,024	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,923	OtherCostOrOtherBasisAmt
Depreciation	$4,923	DepreciationAmt
Book Value	$0	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,607,455	OtherCostOrOtherBasisAmt
Depreciation	$1,614,689	DepreciationAmt
Book Value	$1,992,766	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,028,490	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	METER DEPOSITS	Desc
Amt	$1,500	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,500	TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt VI, Line 6	ALL CUSTOMERS ARE MEMBERS OF THE ASSOCIATION.
Pt VI, Line 7a	ALL MEMBERS HAVE AN EQUAL VOTE TO ELECT BOARD MEMBERS.
Pt VI, Line 8b	NO COMMITTEES EXIST.
Pt VI, Line 11b	REVIEWED BY PRESIDENT AND SECRETARY.