Civic Intelligence

Pascoag Utility District

990 • Fiscal year 2014 • EIN 05-0517079

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 09, 2015

Organization ProfileWWW.PUD-RI.ORG

View Organization Page

253 Pascoag Main St PO Box 107Pascoag, RI 02859

(401) 568-6222

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.20x

Higher debt load relative to assets than 28% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

15th percentile

0.24x

Higher debt load relative to revenue than 15% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Net Margin

66th percentile

9.6%

Higher net margin than 66% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

66th percentile

$128,646

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Asset Growth

86th percentile

9.5%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

92nd percentile

23%

Faster revenue growth than 92% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$11,536,573

Up $1,003,009 (+9.5%) from 2013

Net Assets

Up

$9,239,278

Up $1,213,976 (+15%) from 2013

Liabilities

Down

$2,297,295

Down $210,967 (-8.4%) from 2013

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin66th percentile

Revenue

Up

$9,757,761

Up $1,798,710 (+23%) from 2013

Expenses

Up

$8,821,346

Up $245,576 (+2.9%) from 2013

Net Income

Up

$936,415

Up $1,553,134 (+252%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $7,588,998Liabilities 2010: $1,343,187Net Assets 2010: $6,245,8112010Assets 2011: $7,437,320Liabilities 2011: $1,262,688Net Assets 2011: $6,174,6322011Assets 2012: $11,010,454Liabilities 2012: $2,368,433Net Assets 2012: $8,642,0212012Assets 2013: $10,533,564Liabilities 2013: $2,508,262Net Assets 2013: $8,025,3022013Assets 2014: $11,536,573Liabilities 2014: $2,297,295Net Assets 2014: $9,239,2782014Assets 2015: $12,968,489Liabilities 2015: $2,354,595Net Assets 2015: $10,613,8942015Assets 2016: $14,442,167Liabilities 2016: $4,164,085Net Assets 2016: $10,278,0822016Assets 2017: $16,297,310Liabilities 2017: $5,291,983Net Assets 2017: $11,005,3272017Assets 2018: $15,969,348Liabilities 2018: $4,824,709Net Assets 2018: $11,144,6392018Assets 2019: $17,658,604Liabilities 2019: $6,498,992Net Assets 2019: $11,159,6122019Assets 2020: $20,104,850Liabilities 2020: $8,048,864Net Assets 2020: $12,055,9862020Assets 2021: $19,979,701Liabilities 2021: $7,405,079Net Assets 2021: $12,574,6222021Assets 2022: $19,781,769Liabilities 2022: $7,059,000Net Assets 2022: $12,722,7692022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2014

Assets$11,536,573
Liabilities$2,297,295
Net Assets$9,239,278
Open 2014 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $8,538,9672010Expenses 2011: $8,523,4502011Expenses 2012: $8,022,8552012Revenue 2013: $7,959,051Expenses 2013: $8,575,770Net Income 2013: -$616,7192013Revenue 2014: $9,757,761Expenses 2014: $8,821,346Net Income 2014: $936,4152014Revenue 2015: $10,244,511Expenses 2015: $8,869,895Net Income 2015: $1,374,6162015Revenue 2016: $9,232,069Expenses 2016: $8,852,227Net Income 2016: $379,8422016Revenue 2017: $9,811,784Expenses 2017: $9,084,539Net Income 2017: $727,2452017Revenue 2018: $9,808,806Expenses 2018: $9,669,494Net Income 2018: $139,3122018Revenue 2019: $9,309,729Expenses 2019: $9,294,756Net Income 2019: $14,9732019Revenue 2020: $10,179,006Expenses 2020: $9,282,632Net Income 2020: $896,3742020Revenue 2021: $9,825,059Expenses 2021: $9,306,423Net Income 2021: $518,6362021Revenue 2022: $10,094,239Expenses 2022: $9,946,092Net Income 2022: $148,1472022Revenue 2023: $10,345,236Expenses 2023: $9,717,958Net Income 2023: $627,2782023

Highlighted filing

2014

Revenue$9,757,761
Expenses$8,821,346
Net Income$936,415
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 9, 2015
Return Version
2014v5.0
Gross Receipts
$9,757,761
Mission and Program Overview

Mission

Provided electric services to the villages of pascoag and harrisville, ri and water services to the village of pascoag, ri

Pascoag utility district provides water and electric utility services within the villages of pascoag and harrisville, ri

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,059,987$4,637,034▲ $577,047
Land, Buildings, and Equipment, Net$4,699,752$4,504,078▼ $195,674
Accounts Receivable$1,136,152$1,471,691▲ $335,539
Prepaid Expenses and Deferred Charges$293,462$193,766▼ $99,696
Inventories for Sale or Use$173,013$176,612▲ $3,599
Cash and Non-Interest-Bearing Accounts$300$298▼ $2
Total Assets$10,533,564$11,536,573▲ $1,003,009
Other Assets Total$170,898$553,094▲ $382,196
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,121,000$1,078,000▼ $43,000
Accounts Payable and Accrued Expenses$717,959$701,240▼ $16,719
Other Liabilities$640,395$518,055▼ $122,340
Deferred Revenue$28,908--
Total Liabilities$2,508,262$2,297,295▼ $210,967
Net Assets / Fund Balance
Unrestricted Net Assets$8,025,302$9,239,278▲ $1,213,976
Total Net Assets Fund Balance$8,025,302$9,239,278▲ $1,213,976
Total Liabilities and Net Assets / Fund Balance$10,533,564$11,536,573▲ $1,003,009

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$710,633$971,825-
Land$318,789--
Equipment$3,384,990$7,621,272-
Leasehold Improvements$89,666$214,654-
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael KirkwoodGeneral ManagerFT$128,646$128,646
Micheal KogutCommissioner-$3,000$3,000
Richard JenksCommissioner-$2,731$2,731

Board Members and Trustees

NameTitle
Al PalmiscianoChairman
Ann PolacekVice Chairman
Wallace LeesCommission, Secretary
John DemelimDistrict Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,624
Program Service Revenue
$9,596,897
Investment Income
$28,373
Other Revenue
$130,867
All Other Contributions
$1,624
Change in Net Assets
$936,415

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,757,761
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,757,761
Total Revenue per Form 990
$9,757,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,381,822
Salaries, Compensation, and Employee Benefits$1,439,524
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$972,984
All Other Expenses---$378,098
Depreciation Depletion---$340,218
Other Employee Benefits---$261,519
Other Expenses---$133,928
Pension Plan Contributions---$115,236
Payroll Taxes---$89,785
Insurance---$84,620
Interest---$38,961
Fees for Services Accounting---$26,169
Fees for Services Legal---$25,265
Advertising---$1,302
Total Functional Expenses$0$0$0$8,821,346

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,821,346
Total Expenses per Audited Statements$8,821,346
Total Expenses per Form 990$8,821,346
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$299,833
Accrued Expenses Other$90,786
Accrued Compensated Absences$65,510
Demand Side Management Program$61,926
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Voters of the village of pascoag”

Form 990, Part VI, Section A, Line 7A

“All board members are elected by the voters of the village of pascoag.”

Form 990, Part VI, Section A, Line 7B

“Annual budget is approved by the voters of the village of pascoag.”

Form 990, Part VI, Section B, Line 11

“At regular board meeting.”

Form 990, Part VI, Section B, Line 12C

“All board members must file annual conflict of interest statements with state of rhode island ethics commission.”

Form 990, Part VI, Section B, Line 15

“Compensation for the general manager is determined by the board of utility commissioners and is based on their knowledge of the utility industry.”

Form 990, Part VI, Section C, Line 19

“Made available upon request from the public.”

Filing and Contact Details

Filer

Filer Name
Pascoag Utility District
EIN
05-0517079
Phone
4015686222
Address
253 PASCOAG MAIN ST PO BOX 107, PASCOAG, RI 02859
Doing Business As
Pascoag Utility District

Signing Officer

Name
Helen Moroney
Title
Treasurer
Phone
4015686222
Signed
2015-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Helen Moroney
Formed
2001
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
5
Employees
14
Volunteers
0

Preparer

Firm
Marcum Llp
Address
155 SOUTH MAIN STREET SUITE 100, PROVIDENCE, RI 02903
Preparer
Peter L Chatellier
Phone
4014576700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Overaccrual of prior year pension 277,561.”

Form 990 - Part XI - Line 2.C

“The district has an audit committee and its procedures are consistent with prior years.”

Financial Statement Notes

PART X, LINE 2:

“The district evaluates all significant tax positions as required by generally accepted accounting principles in the united states. As of december 31, 2014 and 2013, the district does not believe that it has taken any tax positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next twelve months. The districts income tax returns are subject to examination by the appropriate taxing jurisdictions. As of december 31, 2014, the districts income tax returns generally remain open for examination for three years from the date filed with each taxing jurisdiction.”

Raw XML Appendix369 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0717959
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0701240
IRS990/AccountsReceivableGrp/BOYAmt01136152
IRS990/AccountsReceivableGrp/EOYAmt01471691
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PASCOAG UTILITY DISTRICT PROVIDES WATER AND ELECTRIC UTILITY SERVICES WITHIN THE VILLAGES OF PASCOAG AND HARRISVILLE, RI
IRS990/AdvertisingGrp/TotalAmt01302
IRS990/AllOtherContributionsAmt01624
IRS990/AllOtherExpensesGrp/TotalAmt0378098
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN DEMELIM
IRS990/BooksInCareOfDetail/PhoneNum04015686222
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PASCOAG MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PASCOAG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002859
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0300
IRS990/CashNonInterestBearingGrp/EOYAmt0298
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01624
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt028373
IRS990/CYOtherExpensesAmt07381822
IRS990/CYOtherRevenueAmt0130867
IRS990/CYProgramServiceRevenueAmt09596897
IRS990/CYRevenuesLessExpensesAmt0936415
IRS990/CYSalariesCompEmpBnftPaidAmt01439524
IRS990/CYTotalExpensesAmt08821346
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09757761
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt028908
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0340218
IRS990/Desc0PROVIDED ELECTRIC SERVICES TO THE VILLAGES OF PASCOAG AND HARRISVILLE, RI AND WATER SERVICES TO THE VILLAGE OF PASCOAG, RI
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0PASCOAG UTILITY DISTRICT
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt026169
IRS990/FeesForServicesLegalGrp/TotalAmt025265
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0AL PALMISCIANO
IRS990/Form990PartVIISectionAGrp/PersonNm1WALLACE LEES
IRS990/Form990PartVIISectionAGrp/PersonNm2ANN POLACEK
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN DEMELIM
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHEAL KOGUT
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD JENKS
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL KIRKWOOD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt52731
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6128646
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1COMMISSION, SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DISTRICT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt5COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt6GENERAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09757761
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt084620
IRS990/InterestGrp/TotalAmt038961
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0173013
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0176612
IRS990/InvestmentIncomeGrp/ExclusionAmt028373
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028373
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08807751
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04699752
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04504078
IRS990/LandBldgEquipCostOrOtherBssAmt013311829
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE DISTRICT DOES NOT HAVE A FORMALIZED MISSION STATEMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01121000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01078000
IRS990/NetAssetsOrFundBalancesBOYAmt08025302
IRS990/NetAssetsOrFundBalancesEOYAmt09239278
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0170898
IRS990/OtherAssetsTotalGrp/EOYAmt0553094
IRS990/OtherChangesInNetAssetsAmt0277561
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0261519
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER EXPENSE
IRS990/OtherExpensesGrp/Desc1MAINTENANCE EXPENSES -
IRS990/OtherExpensesGrp/Desc2COST OF GOODS SOLD - WA
IRS990/OtherExpensesGrp/Desc3GENERAL EXPENSES - WATE
IRS990/OtherExpensesGrp/TotalAmt05648633
IRS990/OtherExpensesGrp/TotalAmt1398930
IRS990/OtherExpensesGrp/TotalAmt2305698
IRS990/OtherExpensesGrp/TotalAmt3133928
IRS990/OtherLiabilitiesGrp/BOYAmt0640395
IRS990/OtherLiabilitiesGrp/EOYAmt0518055
IRS990/OtherOrganizationDsc0MUNICIPAL UTILITY
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/BusinessCd2221000
IRS990/OtherRevenueMiscGrp/Desc0RENTAL INCOME ANTENNA
IRS990/OtherRevenueMiscGrp/Desc1MISC SER REV
IRS990/OtherRevenueMiscGrp/Desc2PENALTY INTEREST
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt055488
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt150984
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt224395
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt055488
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150984
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt224395
IRS990/OtherRevenueTotalAmt0130867
IRS990/OtherSalariesAndWagesGrp/TotalAmt0972984
IRS990/OtherSourcesGrossIncomeAmt09757761
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt089785
IRS990/PensionPlanContributionsGrp/TotalAmt0115236
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0293462
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0193766
IRS990/PrincipalOfficerNm0HELEN MORONEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09596897
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09596897
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01624
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt036138
IRS990/PYOtherExpensesAmt07247448
IRS990/PYOtherRevenueAmt0156069
IRS990/PYProgramServiceRevenueAmt07765220
IRS990/PYRevenuesLessExpensesAmt0-616719
IRS990/PYSalariesCompEmpBnftPaidAmt01328322
IRS990/PYTotalExpensesAmt08575770
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07959051
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0936415
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04059987
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04637034
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0710633
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0971825
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01682458
IRS990ScheduleD/EquipmentGrp/BookValueAmt03384990
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07621272
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt011006262
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08821346
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0318789
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0318789
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt089666
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0214654
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0304320
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt061926
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1299833
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt265510
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt390786
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEMAND SIDE MANAGEMENT PROGRAM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED EXPENSES OTHER
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09757761
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE DISTRICT EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES. AS OF DECEMBER 31, 2014 AND 2013, THE DISTRICT DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE DISTRICTS INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AS OF DECEMBER 31, 2014, THE DISTRICTS INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED WITH EACH TAXING JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04504078
IRS990ScheduleD/TotalExpensesPerForm990Amt08821346
IRS990ScheduleD/TotalLiabilityAmt0518055
IRS990ScheduleD/TotalRevenuePerForm990Amt09757761
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09757761
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08821346
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOTERS OF THE VILLAGE OF PASCOAG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE ELECTED BY THE VOTERS OF THE VILLAGE OF PASCOAG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL BUDGET IS APPROVED BY THE VOTERS OF THE VILLAGE OF PASCOAG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT REGULAR BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL BOARD MEMBERS MUST FILE ANNUAL CONFLICT OF INTEREST STATEMENTS WITH STATE OF RHODE ISLAND ETHICS COMMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR THE GENERAL MANAGER IS DETERMINED BY THE BOARD OF UTILITY COMMISSIONERS AND IS BASED ON THEIR KNOWLEDGE OF THE UTILITY INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MADE AVAILABLE UPON REQUEST FROM THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OVERACCRUAL OF PRIOR YEAR PENSION 277,561.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE DISTRICT HAS AN AUDIT COMMITTEE AND ITS PROCEDURES ARE CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 - PART XI - LINE 2.C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010533564
IRS990/TotalAssetsEOYAmt011536573
IRS990/TotalAssetsGrp/BOYAmt010533564
IRS990/TotalAssetsGrp/EOYAmt011536573
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01624
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/TotalAmt08821346
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02508262
IRS990/TotalLiabilitiesEOYAmt02297295
IRS990/TotalLiabilitiesGrp/BOYAmt02508262
IRS990/TotalLiabilitiesGrp/EOYAmt02297295
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08025302
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09239278
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt09596897
IRS990/TotalReportableCompFromOrgAmt0134377
IRS990/TotalRevenueGrp/ExclusionAmt028373
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09727764
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09757761
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010533564
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011536573
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt08025302
IRS990/UnrestrictedNetAssetsGrp/EOYAmt09239278
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PASCOAG MAIN STREET
IRS990/USAddress/CityNm0PASCOAG
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002859
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.PUD-RI.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HELEN MORONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04015686222
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PASCOAG UTILITY DISTRICT
ReturnHeader/Filer/BusinessNameControlTxt0PASC
ReturnHeader/Filer/EIN0050517079
ReturnHeader/Filer/PhoneNum04015686222
ReturnHeader/Filer/USAddress/AddressLine1Txt0253 PASCOAG MAIN ST PO BOX 107
ReturnHeader/Filer/USAddress/CityNm0PASCOAG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002859
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0155 SOUTH MAIN STREET SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PROVIDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002903
ReturnHeader/PreparerPersonGrp/PhoneNum04014576700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER L CHATELLIER
ReturnHeader/ReturnTs02015-07-24T15:40:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,536,573
Liabilities
$2,297,295
Net assets
$9,239,278
Revenue
$9,757,761
Expenses
$8,821,346
Net income
$936,415
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$10.3$9.72$0.63
2022Detailed filing. Detailed filing data is available for this year.$19.8$7.06$12.7$10.1$9.95$0.15
2021Detailed filing. Detailed filing data is available for this year.$20.0$7.41$12.6$9.83$9.31$0.52
2020Detailed filing. Detailed filing data is available for this year.$20.1$8.05$12.1$10.2$9.28$0.90
2019Detailed filing. Detailed filing data is available for this year.$17.7$6.50$11.2$9.31$9.29$0.01
2018Detailed filing. Detailed filing data is available for this year.$16.0$4.82$11.1$9.81$9.67$0.14
2017Detailed filing. Detailed filing data is available for this year.$16.3$5.29$11.0$9.81$9.08$0.73
2016Detailed filing. Detailed filing data is available for this year.$14.4$4.16$10.3$9.23$8.85$0.38
2015Detailed filing. Detailed filing data is available for this year.$13.0$2.35$10.6$10.2$8.87$1.37
2014Detailed filing. Detailed filing data is available for this year.$11.5$2.30$9.24$9.76$8.82$0.94
2013Detailed filing. Detailed filing data is available for this year.$10.5$2.51$8.03$7.96$8.58$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$2.37$8.64$8.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.44$1.26$6.17$8.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.59$1.34$6.25$8.54