Civic Intelligence

Pascoag Utility District

990 • Fiscal year 2018 • EIN 05-0517079

Jan 01, 2018 to Dec 31, 2018 • Filed on May 20, 2019

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

44th percentile

0.30x

Higher debt load relative to assets than 44% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

24th percentile

0.49x

Higher debt load relative to revenue than 24% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2018

Net Margin

29th percentile

1.4%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

70th percentile

$142,593

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2018

Asset Growth

13th percentile

-2.0%

Faster asset growth than 13% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-0.0%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$15,969,348

Down $327,962 (-2.0%) from 2017

Net Assets

Up

$11,144,639

Up $139,312 (+1.3%) from 2017

Liabilities

Down

$4,824,709

Down $467,274 (-8.8%) from 2017

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin29th percentile

Revenue

Down

$9,808,806

Down $2,978 (-0.0%) from 2017

Expenses

Up

$9,669,494

Up $584,955 (+6.4%) from 2017

Net Income

Down

$139,312

Down $587,933 (-81%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2018

Assets$15,969,348
Liabilities$4,824,709
Net Assets$11,144,639
Open 2018 Filing

Operations Trend

Revenue Growth33rd 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

2018

Revenue$9,808,806
Expenses$9,669,494
Net Income$139,312
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 20, 2019
Return Version
2018v3.1
Gross Receipts
$9,808,806
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
Land, Buildings, and Equipment, Net$5,194,429$7,338,600▲ $2,144,171
Savings and Temporary Cash Investments$5,543,403$5,334,113▼ $209,290
Accounts Receivable$1,384,286$1,394,664▲ $10,378
Prepaid Expenses and Deferred Charges$249,351$224,840▼ $24,511
Inventories for Sale or Use$196,868$205,783▲ $8,915
Cash and Non-Interest-Bearing Accounts$300$300→ $0
Total Assets$16,297,310$15,969,348▼ $327,962
Other Assets Total$3,728,673$1,471,048▼ $2,257,625
Liabilities
Other Liabilities$3,642,848$3,115,134▼ $527,714
Mortgage Notes Payable Secured by Investment Property$938,000$888,000▼ $50,000
Accounts Payable and Accrued Expenses$711,135$821,575▲ $110,440
Total Liabilities$5,291,983$4,824,709▼ $467,274
Net Assets / Fund Balance
Unrestricted Net Assets$11,005,327$11,144,639▲ $139,312
Total Net Assets Fund Balance$11,005,327$11,144,639▲ $139,312
Total Liabilities and Net Assets / Fund Balance$16,297,310$15,969,348▼ $327,962

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$468,902$1,387,017-
Land$318,790--
Equipment$6,478,478$8,217,729-
Leasehold Improvements$72,430$249,945-
Other Assets Org$225,037--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael KirkwoodGeneral ManagerFT$142,593$142,593
William GuertinAssistant General ManagerFT$107,931$107,931
Doug LeesMember-$3,000$3,000
Micheal KogutVice Chairman-$3,000$3,000
Richard JenksSecretary-$713$713

Board Members and Trustees

NameTitle
Albert G PalmiscianoChairman
Jack GriffinClerk
Raymond TrinqueDistrict Moderator
John DemelimDistrict Treasurer
Ann PolacekMember
Revenue and Support

Revenue Composition

Contributions and Grants
$239,031
Program Service Revenue
$9,388,356
Investment Income
$25,930
Other Revenue
$155,489
All Other Contributions
$139,031
Change in Net Assets
$139,312

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,808,806
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,808,806
Total Revenue per Form 990
$9,808,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,135,287
Salaries, Compensation, and Employee Benefits$1,434,207
Grants and Similar Amounts Paid$100,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$988,857
Depreciation Depletion---$485,836
Other Expenses---$321,421
All Other Expenses---$271,581
Other Employee Benefits---$215,634
Pension Plan Contributions---$123,955
Insurance---$123,027
Payroll Taxes---$105,761
Grants to Domestic Orgs---$100,000
Interest---$70,475
Fees for Services Legal---$63,579
Fees for Services Accounting---$47,000
Advertising---$653
Total Functional Expenses$0$0$0$9,669,494

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,669,494
Total Expenses per Audited Statements$9,669,494
Total Expenses per Form 990$9,669,494
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rhode Island Greenhouse Gas InitiativeProvidence, RI-Reimbursement for Energy Efficient Equipment$100,000
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
Accrued Expenses Other$1,944,834
Customer Deposits$383,383
Pension Funding$334,960
Contribution in Aid of Construction$333,034
Accrued Compensated Absences$74,241
Unearned Revenues$36,351
Demand Side Management Program$8,331
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 11B

“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
John Demelim
Title
Treasurer
Phone
4015686222
Signed
2019-05-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Demelim
Formed
2001
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
5
Employees
22
Volunteers
0

Preparer

Firm
Marcum Llp
Address
155 SOUTH MAIN STREET SUITE 100, PROVIDENCE, RI 02903
Preparer
David Fontaine
Phone
4014576700
Supplemental Narrative

Additional Explanations

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, 2016 and 2015, 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 district?s income tax returns are subject to examination by the appropriate taxing jurisdictions. As of december 31, 2014, the district?s income tax returns generally remain open for examination for three years from the date filed with each taxing jurisdiction.”

Raw XML AppendixShowing 400 of 422 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/BOYAmt0711135
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0821575
IRS990/AccountsReceivableGrp/BOYAmt01384286
IRS990/AccountsReceivableGrp/EOYAmt01394664
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PASCOAG UTILITY DISTRICT PROVIDES WATER AND ELECTRIC UTILITY SERVICES WITHIN THE VILLAGES OF PASCOAG AND HARRISVILLE, RI
IRS990/AdvertisingGrp/TotalAmt0653
IRS990/AllOtherContributionsAmt0139031
IRS990/AllOtherExpensesGrp/TotalAmt0271581
IRS990/AnnualDisclosureCoveredPrsnInd01
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/EOYAmt0300
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0239031
IRS990/CYGrantsAndSimilarPaidAmt0100000
IRS990/CYInvestmentIncomeAmt025930
IRS990/CYOtherExpensesAmt08135287
IRS990/CYOtherRevenueAmt0155489
IRS990/CYProgramServiceRevenueAmt09388356
IRS990/CYRevenuesLessExpensesAmt0139312
IRS990/CYSalariesCompEmpBnftPaidAmt01434207
IRS990/CYTotalExpensesAmt09669494
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09808806
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0485836
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/EmployeeCnt022
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt047000
IRS990/FeesForServicesLegalGrp/TotalAmt063579
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/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0ALBERT G PALMISCIANO
IRS990/Form990PartVIISectionAGrp/PersonNm1DOUG LEES
IRS990/Form990PartVIISectionAGrp/PersonNm2ANN POLACEK
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN DEMELIM
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHEAL KOGUT
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD JENKS
IRS990/Form990PartVIISectionAGrp/PersonNm6JACK GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm7RAYMOND TRINQUE
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL KIRKWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm9WILLIAM GUERTIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5713
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8142593
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9107931
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DISTRICT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt7DISTRICT MODERATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSISTANT GENERAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt04500
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0100000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0100000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04500
IRS990/GrossReceiptsAmt09808806
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt0123027
IRS990/InterestGrp/TotalAmt070475
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0196868
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0205783
IRS990/InvestmentIncomeGrp/ExclusionAmt021430
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021430
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09854691
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05194429
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07338600
IRS990/LandBldgEquipCostOrOtherBssAmt017193291
IRS990/LegalDomicileStateCd0RI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDED ELECTRIC SERVICES TO THE VILLAGES OF PASCOAG AND HARRISVILLE, RI AND WATER SERVICES TO THE VILLAGE OF PASCOAG, RI
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0938000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0888000
IRS990/NetAssetsOrFundBalancesBOYAmt011005327
IRS990/NetAssetsOrFundBalancesEOYAmt011144639
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04500
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt04500
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03728673
IRS990/OtherAssetsTotalGrp/EOYAmt01471048
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0215634
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER EXPENSE
IRS990/OtherExpensesGrp/Desc1MAINTENANCE EXPENSES -
IRS990/OtherExpensesGrp/Desc2COST OF GOODS SOLD - WA
IRS990/OtherExpensesGrp/Desc3GENERAL EXPENSES - WATE
IRS990/OtherExpensesGrp/TotalAmt05831927
IRS990/OtherExpensesGrp/TotalAmt1539055
IRS990/OtherExpensesGrp/TotalAmt2380733
IRS990/OtherExpensesGrp/TotalAmt3321421
IRS990/OtherLiabilitiesGrp/BOYAmt03642848
IRS990/OtherLiabilitiesGrp/EOYAmt03115134
IRS990/OtherOrganizationDsc0MUNICIPAL UTILITY
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/BusinessCd2221000
IRS990/OtherRevenueMiscGrp/Desc0MISC SER REV
IRS990/OtherRevenueMiscGrp/Desc1RENTAL INCOME ANTENNA
IRS990/OtherRevenueMiscGrp/Desc2PENALTY INTEREST
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt064897
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt148974
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt241618
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt064897
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt148974
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt241618
IRS990/OtherRevenueTotalAmt0155489
IRS990/OtherSalariesAndWagesGrp/TotalAmt0988857
IRS990/OtherSourcesGrossIncomeAmt09808806
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0105761
IRS990/PensionPlanContributionsGrp/TotalAmt0123955
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0249351
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0224840
IRS990/PrincipalOfficerNm0JOHN DEMELIM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09388356
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09388356
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0371732
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030936
IRS990/PYOtherExpensesAmt07804189
IRS990/PYOtherRevenueAmt0193731
IRS990/PYProgramServiceRevenueAmt09215385
IRS990/PYRevenuesLessExpensesAmt0727245
IRS990/PYSalariesCompEmpBnftPaidAmt01280350
IRS990/PYTotalExpensesAmt09084539
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09811784
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0139312
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05543403
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05334113
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0468902
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01387017
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01855919
IRS990ScheduleD/EquipmentGrp/BookValueAmt06478478
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08217729
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt014696207
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09669494
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0318790
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0318790
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt072430
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0249945
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0322375
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01246011
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1225037
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PENSION RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08331
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1383383
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt274241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31944834
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt436351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5333034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6334960
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEMAND SIDE MANAGEMENT PROGRAM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED EXPENSES OTHER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4UNEARNED REVENUES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5CONTRIBUTION IN AID OF CONSTRUCTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6PENSION FUNDING
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09808806
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE DISTRICT EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES. AS OF DECEMBER 31, 2016 AND 2015, 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 DISTRICT?S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AS OF DECEMBER 31, 2014, THE DISTRICT?S 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/TotalBookValueLandBuildingsAmt07338600
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01471048
IRS990ScheduleD/TotalExpensesPerForm990Amt09669494
IRS990ScheduleD/TotalLiabilityAmt03115134
IRS990ScheduleD/TotalRevenuePerForm990Amt09808806
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09808806
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09669494
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0REIMBURSEMENT FOR ENERGY EFFICIENT EQUIPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RHODE ISLAND GREENHOUSE GAS INITIATIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0ONE CAPITOL HILL
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PROVIDENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0RI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002903
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
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/ExplanationTxt7THE 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 11B
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 2.C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt016297310
IRS990/TotalAssetsEOYAmt015969348
IRS990/TotalAssetsGrp/BOYAmt016297310
IRS990/TotalAssetsGrp/EOYAmt015969348
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0239031
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/TotalAmt09669494
IRS990/TotalGrossUBIAmt04500
IRS990/TotalLiabilitiesBOYAmt05291983
IRS990/TotalLiabilitiesEOYAmt04824709
IRS990/TotalLiabilitiesGrp/BOYAmt05291983
IRS990/TotalLiabilitiesGrp/EOYAmt04824709
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011005327
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011144639
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt09388356
IRS990/TotalReportableCompFromOrgAmt0257237
IRS990/TotalRevenueGrp/ExclusionAmt021430
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09543845
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09808806
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt04500
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016297310
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015969348
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt011005327
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011144639
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN DEMELIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04015686222
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-20
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,969,348
Liabilities
$4,824,709
Net assets
$11,144,639
Revenue
$9,808,806
Expenses
$9,669,494
Net income
$139,312
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