2018-01-29T16:00:30-06:00 2017-03-31 910189318 Moss Adams LLP 999 Third Avenue Suite 2800 Seattle WA 98104 990 2016-04-01 910822808 Firgrove Mutual Inc FIRG 2538451542 10408 E 144th Street Puyallup WA 98374 Larry D Jones General Manager 2538451542 2018-01-29 1 Wendy Campos P00448102 2063026500 2018-01-25 12.129.7.100 2018-01-29 15:32:57 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C07EA3D2EFE7589B691C7C6F5A7C1991A329BAB3 2016 2021-01-29 14:40:06Z Larry D Jones 10408 E 144th Street Puyallup WA 98374 5312152 0 X www.firgrove.org X 1952 WA PURPOSE IS TO INSTALL, MAINTAIN, AND OPERATE A WATER SUPPLY SYSTEM FOR ITS MEMBERSHIP. 5 5 19 0 0 0 0 0 4982966 4980701 105124 114698 85496 87580 5173586 5182979 0 0 0 0 1574840 1529567 0 0 0 3541710 3341433 5116550 4871000 57036 311979 32398132 35076590 6343906 5778827 26054226 29297763 FIRGROVE MUTUAL INC. IS A WASHINGTON CORPORATION ESTABLISHED FOR THE PURPOSE OF INSTALLING, MAINTAINING, AND OPERATING A WATER SUPPLY SYSTEM FOR ITS MEMBERSHIP. 0 0 FIRGROVE AGGRESSIVELY SAFEGUARDS ITS WATER SUPPLY IN ORDER TO PROVIDE A SAFE AND RELIABLE SUPPLY OF WATER. FIRGROVE UPHOLDS THE STANDARDS SET BY THE WASHINGTON STATE DEPARTMENT OF HEALTH AND THE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY. THE MUTUAL IS PROUD OF ITS RECORD OF PROVIDING HIGH QUALITY OF WATER AND SERVICE TO ITS CUSTOMERS.THE COMPANY HAS GROWN TO EMBRACE A POPULATION OF ABOUT 20,000 RESIDENTS AND CONTINUES TO EXPAND AS NEW DEVELOPMENTS ARE ADDED WITHIN THE SERVICE AREA. THE ORGANIZATION PROVIDED WATER SERVICE TO APPROXIMATELY 9,382 MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 19 1 0 0 0 0 0 7801260 404312 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 0 0 0 1 1 1 0 X Lori Triplett 2538451542 10408 E 144TH ST PUYALLUP WA 98374 MITCHELL HINDS President/Trustee 0.80 X X 3000 0 0 SCOTT WILLIAMS Vice President/President 0.80 X X 3300 0 0 STANLEY SALMON Trustee/Vice President 0.70 X X 2700 0 0 NANCY DONOVAN SECRETARY 0.90 X X 3000 0 0 THOMAS SAWYER Trustee 0.70 X 2400 0 0 LARRY JONES General Manager 40.00 X 124790 0 34952 LORI TRIPLETT FINANCE DIRECTOR 40.00 X 109504 0 24843 248694 0 59795 2 0 1 0 Tapani Inc PO Box 1900 1904 SE 6th Place Battle Ground WA 98604 Water Main Installation 848884 Puget Sound Energy PO Box 91269 Bellevue WA 98009 Gas and electric service 204978 2 WATER SALES 221000 4765031 4765031 Fees and Other Charges 221000 213818 213818 Metal Recycling 900099 1852 1852 4980701 73502 73502 100881 13301 87580 87580 87580 157068 96297 19575 60771 -19575 41196 41196 5182979 4980701 0 202278 309772 805863 108393 209846 95693 32306 32304 62910 44569 19001 131446 1346392 89076 WATER OPERATING COSTS 1002131 TAXES AND LICENSES 288551 OUTSIDE SERVICES 228356 MAINTENANCE AND PARTS 53085 11306 4871000 20463 98348 7389186 9455873 739769 723448 121365 89555 78232 94581 31158269 15006149 15486267 16152120 3315096 3585307 5247754 4877358 32398132 35076590 831083 555848 5096014 4651638 416809 571341 6343906 5778827 X 26557619 29019449 0 0 -503393 278314 26054226 29297763 32398132 35076590 X 311979 165838 2765720 X 0 1 X 1 0 867607 867607 2927757 893352 2034405 4254265 2488754 1765511 23108640 11624043 11484597 16152120 CONSTRUCTION IN PROGRESS 752450 Source development & rate/share charge study costs 23369 WHOLESALE WATER AGREEMENT 3931620 Water Rights 106554 prepaid water system plan 56577 Easements 6788 4877358 DEVELOPER DEPOSITS 571341 571341 X 5362118 165838 13301 179139 5182979 0 5182979 4580411 13301 13301 4567110 303890 303890 4871000 Part X, Line 2: The Mutual is exempt from income taxes under the provisions of Section 501(c)(12) of the Internal Revenue Code, except to the extent of unrelated business income, if any. The Mutual has adopted Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 740-10 relating to accounting for uncertain tax positions. As of March 31, 2017 and 2016, the Mutual does not have any uncertain tax positions. Part XI, Line 2d - Other Adjustments: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990 13,301. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990 13,301. Part XII, Line 4b - Other Adjustments: AMORTIZATION OF CONTRIBUTIONS IN AID OF CONSTRUCTION 303,890. X X 0 0 0 LARRY JONES General Manager 124790 0 0 0 0 0 18449 0 16503 0 159742 0 0 0 Form 990, Part VI, Section A, line 6 ALL MEMBERS ARE OF A SINGLE CLASS: PERSONS OR ENTITIES OWNING REAL PROPERTY WITHIN THE SERVICE AREA OF THE CORPORATION AND REQUIRING POTABLE WATER. Form 990, Part VI, Section A, line 7a ALL MEMBERS ARE OF A SINGLE CLASS, WITH THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY AND RECEIVE A SHARE OF SURPLUS EARNINGS OR GAINS ON SALES OF ASSETS UPON DISSOLUTION. Form 990, Part VI, Section B, line 11b THE FINANCE DIRECTOR AND GENERAL MANAGER REVIEW THE RETURN PRIOR TO PASSING IT TO THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO THE FILING OF THE FORM 990. Form 990, Part VI, Section B, line 15 COMPENSATION IS SET VIA AN INDUSTRY SURVEY OF COMPENSATION. SALARY SCHEDULES FOR ALL EMPLOYEES ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. SUCH APPROVAL IS DELIBERATED AT BOARD MEETINGS FOR WHICH MINUTES ARE KEPT. Form 990, Part VI, Section C, line 19 THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE BOTH MADE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS ARE MAILED TO NEW MEMBERS IN AN INFORMATIONAL PACKET WHICH INCLUDES THE COMPANY BYLAWS. THESE DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST AND ON THE COMPANY WEBSITE. Form 990, Part XI, line 9: AMORTIZATION OF CONTRIBUTIONS IN AID OF CONSTRUCTION 303,890. CHANGE IN MEMBERSHIPS 2,461,830.