2011-06-21T08:41:20-05:00 2010-09-30 EIDE BAILLY LLP 24 2ND AVE SW PO BOX 430 ABERDEEN SD 574020430 990 2009-10-01 460337249 TRI-COUNTY WATER ASSOCIATION INC TRI- 6059647766 PO BOX 490 EAGLE BUTTE SD 57625 Leo A Fischer 6059647766 2011-06-14 1 Melissa White CPA 6052258783 2011-06-13 2009 2016-02-24 21:20:13Z Leo A Fischer PO BOX 490 EAGLE BUTTE SD 57625 1496096 0 X n/a X 1978 SD The company was organized for the express purpose of providing water service to member customers in central South Dakota. 7 7 11 0 0 0 16357 80890 1245643 1241522 60982 50732 105230 1322982 1478374 0 0 483482 526697 0 0 870489 851139 1353971 1377836 -30989 100538 6803467 6464975 2337060 2168616 4466407 4296359 The company was organized for the express purpose of providing water service to member customers in central South Dakota. 0 0 The company provided 229,400,000 gallons of treated water for commercial and domestic users located in central South Dakota and maintained several miles of pipe. 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 11 1 0 0 0 0 0 1214206 183279 7 7 0 0 0 0 1 1 0 1 0 0 0 0 1 0 1 0 1 0 0 0 X SHARON MEANS 6059647766 PO BOX 490 EAGLE BUTTE SD 57625 JERRY KEITH FARLEE 1.00 X X 900 0 0 ROBERT BOOTH 1.00 X X 1950 0 0 ROXEE HOLLOWAY 2.00 X X 1875 0 0 GENE BLUE ARM 1.00 X 1575 0 0 JR HOLLOWAY 1.00 X 2358 0 0 PEARL HOLLOWHORN 1.00 X 1950 0 0 LYNN WILLIAMS 1.00 X 1650 0 0 NATASHA BLUE ARM 1.00 X 1800 0 0 LEO FISCHER 40.00 X 56560 0 18652 SHARON MEANS 40.00 X 34161 0 7965 104779 0 26617 0 0 0 0 0 80890 80890 Water Sales 900099 1214206 1214206 T&D Construction 900099 27316 27316 1241522 33175 33175 35279 17722 17557 17557 17557 Insurance Proceeds and 900099 85095 85095 Patronage Dividend Inc 900099 20135 20135 105230 1478374 1259079 0 138405 131894 305175 17218 42393 30017 1905 14098 11246 4576 24602 225826 63350 2553 108485 140198 43757 CHEMICALS 94265 REPAIRS AND MAINTENANCE 34471 PIPELINE AND PUMP HOUSE 31401 Miscellaneous 25741 Dues 19319 5346 1377836 70722 94683 22335 133857 210718 22799 101751 108474 20151 23318 16208660 11646486 4867371 4562174 1586816 1443273 6803467 6464975 104831 77094 2232229 2091522 2337060 2168616 X 0 0 2522865 2252279 1943542 2044080 4466407 4296359 6803467 6464975 X 0 1 1 X 0 8200 8200 173990 103238 70752 173772 121069 52703 1747352 1357331 390021 14105346 10064848 4040498 4562174 CERTIFICATES OF DEPOSITS 1184599 C Investments in Other Cooperatives 258674 C 1443273 1478374 1377836 100538 -270586 -270586 -170048 1478374 0 1478374 0 1478374 1377836 0 1377836 0 1377836 Part X: Description of Uncertain Tax Positions Under FIN 48: Part X: The Organization qualifies as a tax-exempt nonprofit organization under Section 501(c)(12) of the Internal Revenue Code and; therefore, has no provision for federal income taxes. The Organization has adopted the provisions of FASB Accounting Standards Codification Topic ASC 740-10 (previously Financial Interpretation No. 48, Accounting for Uncertainty in Income Taxes), on October 1, 2009. The implementation of this standard had no impact on the financial statements. As of both the date of adoption, and as of September 30, 2010, the unrecognized tax benefit accrual was zero. The Organization will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred. The Organization is no longer subject to Federal tax examinations by tax authorities for years before 2007. Part XI, Line 8 - Other Adjustments: AMORTIZATION OF DONATED CAPITAL: -286216. CURRENT YEAR CONTRIBUTIONS: 15630. Form 990, Part VI, Section A, line 6 There are members of the organization but no member classes. Signers of water user agreements of the corporation and who pay their bills to the corporation, are its members. Form 990, Part VI, Section A, line 7a Members of the organization elect the board members. Only members of the organization that are domestic users of water are entitled to vote. Form 990, Part VI, Section A, line 8b There are no committees that act on behalf of the governing board. Form 990, Part VI, Section B, line 11 The business manager will review the Form 990 and inform the board members that the return is in the office for their review. Form 990, Part VI, Section B, line 12c Board members with conflicts voluntarily remove themselves from voting on issues related to that item. Form 990, Part VI, Section C, line 19 These documents are available to the public upon request.