LEE COUNTY WATER ASSOCIATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LEE COUNTY WATER ASSOCIATION INC (EIN 71-0446632)
Tax period
2020-11-01 to 2021-10-31
Filed
2022-09-15
IRS object ID
202212589349301361
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-09-15T12:21:29-04:00ReturnTs
Tax Period End2021-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN873441885PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HICKMAN & HERRON CPAS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118 W MAIN STAddressLine1Txt
CityMARIANNACityNm
State AbbreviationARStateAbbreviationCd
ZIP72360ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN710446632EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEE COUNTY WATER ASSOCIATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEECBusinessNameControlTxt
Phone8702956019PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 537AddressLine1Txt
CityMARIANNACityNm
State AbbreviationARStateAbbreviationCd
ZIP72360ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBOBBY HOLMESPersonNm
Person TitleDIRECTOR/PRESIDENTPersonTitleTxt
Phone8702956019PhoneNum
Signature2022-09-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBOBBYPersonFirstNm
Person LastHOLMESPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANDRA J HERRON CPAPreparerPersonNm
PTINP01471291PTIN
Phone8702955296PhoneNum
Preparation2022-09-15PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBOBBY HOLMESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1864 LEE RD 406AddressLine1Txt
Address Line2864 LEE RD 406AddressLine2Txt
CityMARIANNACityNm
State AbbreviationARStateAbbreviationCd
ZIP72360ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$638,526GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateARLegalDomicileStateCd
Activity Or MissionPROVIDING PORTABLE WATER TO MEMBERSActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$613,598PYProgramServiceRevenueAmt
CY Program Service Revenue$637,106CYProgramServiceRevenueAmt
PY Investment Income$1,934PYInvestmentIncomeAmt
CY Investment Income$1,420CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$615,532PYTotalRevenueAmt
CY Total Revenue$638,526CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$270,659PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$258,494CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$367,322PYOtherExpensesAmt
CY Other Expenses$409,081CYOtherExpensesAmt
PY Total Expenses$637,981PYTotalExpensesAmt
CY Total Expenses$667,575CYTotalExpensesAmt
PY Revenues Less Expenses-$22,449PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$29,049CYRevenuesLessExpensesAmt
Total Assets BOY$3,894,739TotalAssetsBOYAmt
Total Assets EOY$3,847,780TotalAssetsEOYAmt
Total Liabilities BOY$615,473TotalLiabilitiesBOYAmt
Total Liabilities EOY$597,472TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,279,266NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,250,308NetAssetsOrFundBalancesEOYAmt
MissionPROVIDING PORTABLE WATER TO MEMBERSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$667,575ExpenseAmt
Revenue$637,106RevenueAmt
DescTHE ASSOCIATION PROVIDED POTABLE WATER TO APPROXIMATELY 1,800 MEMBERS LOCATED IN RURAL LEE COUNTY, ARKANSAS DURING THE YEAR.Desc
Total Program Service Expenses$667,575TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee9EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonASSOCIATIONPersonNm
Phone8702956019PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line134 W CHESTNUT STAddressLine1Txt
CityMARIANNACityNm
State AbbreviationARStateAbbreviationCd
ZIP72360ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BOBBY HOLMES
DIRECTOR/PRE1.00Yes (X)Yes (X)$1,275$0$0
EARNEST SPARKS
DIRECTOR/V-P1.00Yes (X)Yes (X)$1,650$0$0
DANNY ODLE
DIRECTOR/SEC1.00Yes (X)Yes (X)$1,525$0$0
CHRISTOPHER WHITEHEAD
DIRECTOR1.00Yes (X)$1,275$0$0
KEITH FREELAND
DIRECTOR1.00Yes (X)$1,525$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$7,250TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
WATER REVENUES$744,075$744,075
COLLECTION FEES$31,966$31,966
INSPECTIONS & OTHER INCOME$15,884$15,884
PENALTIES & CONNECTION FEES$11,247$11,247
LESS COST OF SALES-$166,066-$166,066
FieldValueIRS element (for citing)
Total Program Service Revenue$637,106TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,420TotalRevenueColumnAmt
Related Or Exempt Func Income$1,420RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$638,526TotalRevenueColumnAmt
Related Or Exempt Func Income$638,526RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$7,250TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$207,565TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$27,909TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$15,770TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$17,650TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,600TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$32TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$27,270TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,199TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,103TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$19,217TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$103,489TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
REPAIRS & MAINTENANCE$154,814
FUEL$27,649
INSURANCE$18,300
TELEPHONE$10,240

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$11,518TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$667,575TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$27,322BOYAmt
EOY$37,063EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,088,153BOYAmt
EOY$1,090,913EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$140,875BOYAmt
EOY$149,798EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,022BOYAmt
EOY$6,292EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,145,279LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,582,027LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,635,905BOYAmt
EOY$2,563,252EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$462BOYAmt
EOY$462EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,894,739BOYAmt
EOY$3,847,780EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$56,043BOYAmt
EOY$70,671EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$432,231BOYAmt
EOY$395,371EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$127,199BOYAmt
EOY$131,430EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$615,473BOYAmt
EOY$597,472EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,279,266BOYAmt
EOY$3,250,308EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,279,266BOYAmt
EOY$3,250,308EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,894,739BOYAmt
EOY$3,847,780EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$29,049ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$91OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$35,943OtherCostOrOtherBasisAmt
Book Value$35,943BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$109,959OtherCostOrOtherBasisAmt
Depreciation$109,959DepreciationAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$839,982OtherCostOrOtherBasisAmt
Depreciation$495,225DepreciationAmt
Book Value$344,757BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,159,395OtherCostOrOtherBasisAmt
Depreciation$2,976,843DepreciationAmt
Book Value$2,182,552BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,563,252TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCUSTOMER METER DEPOSITSDesc
Amt$131,430Amt
FieldValueIRS element (for citing)
Total Liability$131,430TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$638,526TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$638,526RevenueSubtotalAmt
Total Revenue Per Form990$638,526TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$667,575TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$667,575ExpensesSubtotalAmt
Total Expenses Per Form990$667,575TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 6THE ORGANIZATION HAS MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7AMEMBERS ELECT THE BOARD OF DIRECTORS
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED
FORM 990, PAGE 6, PART VI, LINE 15AREVIEW AND APPROVAL BY THE BOARD OF DIRECTORS
FORM 990, PAGE 6, PART VI, LINE 15BREVIEW AND APPROVAL BY THE BOARD OF DIRECTORS
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART XI, LINE 991

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