ADAMS COUNTY WATER ASSOCIATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ADAMS COUNTY WATER ASSOCIATION INC (EIN 64-0438058)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-01-25
- IRS object ID
- 201310259349300506
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-25T10:13:07-06:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640319291 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SILAS SIMMONS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1027 | AddressLine1 |
| City | NATCHEZ | City |
| State | MS | State |
| ZIP Code | 391211027 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640438058 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADAMS COUNTY WATER ASSOCIATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ADAM | NameControl |
| Phone | 6014466616 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 70 | AddressLine1 |
| City | WASHINGTON | City |
| State | MS | State |
| ZIP Code | 39190 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LYNWOOD EASTERLING | Name |
| Title | PRESIDENT | Title |
| Phone | 6014455293 | Phone |
| Date Signed | 2013-01-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM WES GORE CPA | Name |
| PTIN | P00302163 | PTIN |
| Phone | 6014427411 | Phone |
| Date Prepared | 2013-01-16 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LYNWOOD EASTERLING | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 NEWMAN RD | AddressLine1 |
| City | NATCHEZ | City |
| State | MS | State |
| ZIP Code | 39120 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2300150 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Association | X | TypeOfOrganizationAssociation |
| Year Formation | 1972 | YearFormation |
| State Legal Domicile | MS | StateLegalDomicile |
| Activity Or Mission Description | RURAL WATER SYSTEM | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 13 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2141582 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2223313 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 32373 | InvestmentIncomePriorYear |
| Investment Income Current Year | 15415 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 62435 | OtherRevenuePriorYear |
| Other Revenue Current Year | 61422 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2236390 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2300150 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 769445 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 802309 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1452066 | OtherExpensePriorYear |
| Other Expenses Current Year | 1691003 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2221511 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2493312 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 14879 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -193162 | RevenuesLessExpensesCY |
| Total Assets BOY | 9508009 | TotalAssetsBOY |
| Total Assets EOY | 10017209 | TotalAssetsEOY |
| Total Liabilities BOY | 3652631 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4354993 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5855378 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5662216 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | ADAMS COUNTY WATER ASSOCIATION, INC. IS A NON-PROFIT WATER AND SEWER UTILITY DEDICATED TO THE MEMBERS WE SERVE. OUR BOARD OF TRUSTEES, MANAGEMENT AND STAFF TAKE SERIOUSLY THE RESPONSIBILITY OF FURNISHING THESE VITAL SERVICES TO OUR COMMUNITY. OUR MISSION IS TO PROVIDE THE BEST SERVICE POSSIBLE AT AFFORDABLE RATES AND TO MANAGE OUR INFRASTRUCTURE TO MEET PRESENT AND FUTURE NEEDS OF OUR MEMBERS AND THE COMMUNITY, WHILE PROTECTING AND CONSERVING OUR MOST VALUABLE NATURAL RESOURCE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | DISTRIBUTION OF WATER TO RURAL SUBSCRIBERS OF ADAMS COUNTY, MISSISSIPPI | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 13 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Gross Income From Members | 2284735 | GrossIncomeFromMembers |
| Gross Income Other Sources | 15415 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NITA DURR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6014466616 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | HWY 61 NORTH | AddressLine1 |
| City | WASHINGTON | City |
| State | MS | State |
| ZIP Code | 39190 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| PERCY SIMMONS | ||||||
| TRUSTEE | 0.50 | X | 0 | 2850 | 0 | |
| JACK COX | ||||||
| TRUSTEE | 0.50 | X | 0 | 4275 | 0 | |
| MARION SMITH | ||||||
| TRUSTEE | 0.50 | X | 0 | 2475 | 0 | |
| DR SAM TUMMINELLO | ||||||
| TRUSTEE | 0.50 | X | 0 | 3225 | 0 | |
| JOHNNY BROWN JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 4125 | 0 | |
| LYNWOOD EASTERLING | ||||||
| PRESIDENT | 1.00 | 0 | 12075 | 0 | X | |
| MARY ED GUEDON | ||||||
| VICE-PRESIDENT | 0.50 | 0 | 3525 | 0 | X | |
| PAT BRADSHAW | ||||||
| SECRETARY | 0.50 | 0 | 3150 | 0 | X | |
| ROGER SMITH | ||||||
| TREASURER | 0.50 | 0 | 3225 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 38925 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| WATER & SEWER SALES | 221000 | 2066173 | 2066173 |
| PENALTIES | 221000 | 61664 | 61664 |
| TURN ON FEES | 221000 | 54685 | 54685 |
| CONNECTION FEES | 221000 | 29696 | 29696 |
| COLLECTION FEES | 221000 | 11095 | 11095 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2223313 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15415 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15415 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER RECEIPTS | Description |
| Business Code | 221000 | BusinessCode |
| Total Revenue Column | 61422 | TotalRevenueColumn |
| Related Or Exempt Function Income | 61422 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 61422 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2300150 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2300150 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38925 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 551711 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44307 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 121978 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45388 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 234089 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17375 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127074 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 387143 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| FUEL & POWER FOR PUMPIN | 196553 |
| OFFICE SUPPLIES & COMPU | 130328 |
| SUPPLIES AND MATERIALS | 113202 |
| EQUIPMENT REPAIR & MAIN | 95863 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 389376 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2493312 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160650 | BOY |
| EOY | 44477 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1547506 | BOY |
| EOY | 1424225 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249000 | BOY |
| EOY | 278342 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80679 | BOY |
| EOY | 73542 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46127 | BOY |
| EOY | 61303 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 14633902 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 6498582 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7424047 | BOY |
| EOY | 8135320 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9508009 | BOY |
| EOY | 10017209 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44446 | BOY |
| EOY | 56332 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3231307 | BOY |
| EOY | 4086032 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 376878 | BOY |
| EOY | 212629 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3652631 | BOY |
| EOY | 4354993 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92888 | BOY |
| EOY | 96728 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22200 | BOY |
| EOY | 22200 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5740290 | BOY |
| EOY | 5543288 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5855378 | BOY |
| EOY | 5662216 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9508009 | BOY |
| EOY | 10017209 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -193162 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 336867 | InvestmentCostOrOtherBasis |
| Book Value | 336867 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1847445 | InvestmentCostOrOtherBasis |
| Depreciation | 136306 | Depreciation |
| Book Value | 1711139 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 370938 | InvestmentCostOrOtherBasis |
| Depreciation | 252513 | Depreciation |
| Book Value | 118425 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 12078652 | InvestmentCostOrOtherBasis |
| Depreciation | 6109763 | Depreciation |
| Book Value | 5968889 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8135320 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| UNCLAIMED REFUND CHECKS | $1,381 |
| ACCRUED PAYROLL AND SALES TAX | $7,142 |
| CUSTOMER METER DEPOSITS | $187,870 |
| DUE TO NATCHEZ WATER WORKS | $12,997 |
| ACCRUED INTEREST PAYABLE | $3,239 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 212629 | TotalOfAmounts |
| Total Revenue | 2300150 | TotalRevenue |
| Total Expenses | 2493312 | TotalExpenses |
| Excess Or Deficit For Year | -193162 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -193162 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2300150 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 2300150 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2300150 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2493312 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2493312 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2493312 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | THE ASSOCIATION HAS NOT TAKEN ANY UNCERTAIN TAX POSITIIONS NOR DOES IT EXPECT TO. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | EACH PERSON USING WATER SUPPLIED BY THE ASSOCIATION PAYS A ONE TIME MEMBERSHIP FEE TO JOIN THE ASSOCIATION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH MEMBER OF THE ASSOCIATION HAS VOTING RIGHTS TO ELECT THE TRUSTEES OF THE ASSOCIATION. | |
| FORM 990, PART VI, SECTION A, LINE 8B | EACH COMMITTEE OF THE ASSOCIATION MUST REPORT TO THE BOARD OF TRUSTEE FOR APPROVAL UNLESS PRIOR APPROVAL IS GIVEN. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PRESENTED TO THE BOARD OF TRUSTEE AT ONE OF THEIR MONTHLY MEETINGS BY THE ACCOUNTING FIRM WHO PREPARED THE RETURN. AT THIS MEETING THE ACCOUNTANT GOES OVER THE RETURN WITH THE MEMBERS AND ANSWERS ANY QUESTIONS THEY MAY HAVE. THE BOARD REVIEWS THE RETURN AND PRESIDENT AUTHORIZES THE ACCOUNTING FIRM TO E-FILE THE RETURN. | |
| FORM 990, PART VI, SECTION B, LINE 12C | AN ANNUAL STATEMENT FROM THE OFFICERS AND EMPLOYEES IS ACQUIRED AND RETAINED BY THE ASSOCIATIONS CLERKS.THESE STATEMENTS ARE REVIEWED BY THE BOARD. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL OF THE DOCUMENT, POLICIES, AND FINANCIAL STATEMENTS OF THE ASSOCIATION ARE KEPT AT THE OFFICE AND ARE AVAILABLE UPON REQUEST BY ANYONE WISHING TO SEE THEM. | |
| FORM 990, PART X, LINE 24E | TRANSPORTATION: TOTAL EXPENSES 74,582. INSURANCE: TOTAL EXPENSES 64,608. CONTRACT METER READING: TOTAL EXPENSES 61,054. CHEMICALS & LIME: TOTAL EXPENSES 57,160. REPAIRS TO WATER PLANT: TOTAL EXPENSES 56,616. MISCELLANEOUS: TOTAL EXPENSES 38,591. WATER TESTING: TOTAL EXPENSES 16,372. PURCHASED WATER: TOTAL EXPENSES 8,828. BAD DEBTS: TOTAL EXPENSES 7,013. UNIFORMS: TOTAL EXPENSES 3,952. ENGINEERING AND DEVELOPMENT: TOTAL EXPENSES 600. | ALL OTHER FUNCTIONAL EXPENSES |
| 990 PAGE 12 PART XI | SINGLE AUDIT OF MAJOR FUNDS GRANT |