Civic Intelligence

Pascoag Utility District

990 • Fiscal year 2020 • EIN 05-0517079

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 25, 2021

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

55th percentile

0.40x

Higher debt load relative to assets than 55% of similar nonprofits.

2020 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

35th percentile

0.79x

Higher debt load relative to revenue than 35% of similar nonprofits.

2020 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2020

Net Margin

51st percentile

8.8%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$148,527

Higher top officer pay than 73% of similar nonprofits.

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

2020 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2020

Asset Growth

90th percentile

14%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

66th percentile

9.3%

Faster revenue growth than 66% of similar nonprofits.

2020 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$20,104,850

Up $2,446,246 (+14%) from 2019

Net Assets

Up

$12,055,986

Up $896,374 (+8.0%) from 2019

Liabilities

Up

$8,048,864

Up $1,549,872 (+24%) from 2019

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin51st percentile

Revenue

Up

$10,179,006

Up $869,277 (+9.3%) from 2019

Expenses

Down

$9,282,632

Down $12,124 (-0.1%) from 2019

Net Income

Up

$896,374

Up $881,401 (+5887%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth90th 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

2020

Assets$20,104,850
Liabilities$8,048,864
Net Assets$12,055,986
Open 2020 Filing

Operations Trend

Revenue Growth66th 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

2020

Revenue$10,179,006
Expenses$9,282,632
Net Income$896,374
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 25, 2021
Return Version
2020v4.1
Gross Receipts
$10,190,144
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$6,978,327$6,811,451▼ $166,876
Cash and Non-Interest-Bearing Accounts$300$3,183,405▲ $3,183,105
Savings and Temporary Cash Investments$6,925,761$2,498,929▼ $4,426,832
Accounts Receivable$1,342,585$659,432▼ $683,153
Prepaid Expenses and Deferred Charges$409,926$425,894▲ $15,968
Inventories for Sale or Use$211,543$212,689▲ $1,146
Pledges and Grants Receivable-$144,275-
Total Assets$17,658,604$20,104,850▲ $2,446,246
Other Assets Total$1,790,162$6,168,775▲ $4,378,613
Liabilities
Mortgage Notes Payable Secured by Investment Property$837,000$5,156,216▲ $4,319,216
Other Liabilities$4,973,037$1,567,767▼ $3,405,270
Accounts Payable and Accrued Expenses$688,955$992,781▲ $303,826
Unsecured Notes Loans Payable-$332,100-
Total Liabilities$6,498,992$8,048,864▲ $1,549,872
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,159,612$12,055,986▲ $896,374
Total Net Assets Fund Balance$11,159,612$12,055,986▲ $896,374
Total Liabilities and Net Assets / Fund Balance$17,658,604$20,104,850▲ $2,446,246

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,189,031$8,795,525$14,984,556
Buildings$250,830$1,605,089$1,855,919
Leasehold Improvements$52,800$269,575$322,375
Land$318,790-$318,790
Other Assets Org$755,218--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael KirkwoodGeneral ManagerFT$148,527$148,527
William GuertinAssistant General ManagerFT$113,314$113,314
Christopher PiccardiEmployeeFT$104,534$104,534
John BlodgettMemberFT$4,325$4,325
Doug LeesMember-$3,000$3,000
John DemelimDistrict Treasurer-$3,000$3,000
Michael KogutVice Chairman-$3,000$3,000

Board Members and Trustees

NameTitle
Albert G PalmiscianoChairman
Jack GriffinClerk
Raymond TrinqueDistrict Moderator
Kathleen PolacekDistrict Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$921,931
Program Service Revenue
$9,065,699
Investment Income
$69,795
Other Revenue
$121,581
All Other Contributions
$3,214
Change in Net Assets
$896,374

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,179,006
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,138
Total Revenue per Audited Statements
$10,182,144
Total Revenue per Form 990
$10,179,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,056,634
Salaries, Compensation, and Employee Benefits$1,194,813
Grants and Similar Amounts Paid$31,185
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$876,223
Depreciation Depletion---$564,270
All Other Expenses---$324,712
Other Employee Benefits---$254,928
Other Expenses---$202,011
Fees for Services Other---$177,155
Payroll Taxes---$112,038
Interest---$107,665
Insurance---$95,605
Office Expenses---$80,402
Fees for Services Accounting---$43,804
Grants to Domestic Orgs---$31,185
Fees for Services Legal---$24,497
Occupancy---$23,904
Advertising---$1,590
Pension Plan Contributions---$-48,376
Total Functional Expenses$0$0$0$9,282,632

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,285,770
Expenses per Audited Statements$9,282,632
Total Expenses per Form 990$9,282,632
Expenses Not Reported on Form 990$3,138
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rhode Island Greenhouse Gas InitiativeProvidence, RI-Reimbursement for Energy Efficient Equipment$31,185
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$424,265
Regulatory Deferrals$409,829
Pension Funding$375,654
Contribution in Aid of Construction$261,715
Accrued Compensated Absences$74,880
Demand Side Management Program$21,424
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
2021-08-25
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, 2020 and 2019, 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, 2020, the district's income tax returns generally remain open for examination for three years from the date filed with each taxing jurisdiction.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss on statement of revenue 3,138.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on statement of revenue 3,138.”

Raw XML AppendixShowing 400 of 437 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.

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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3138
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011159612
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012055986
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt023904
IRS990/OfficeExpensesGrp/TotalAmt080402
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01790162
IRS990/OtherAssetsTotalGrp/EOYAmt06168775
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0254928
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER EXPENSE
IRS990/OtherExpensesGrp/Desc1MAINTENANCE EXPENSES -
IRS990/OtherExpensesGrp/Desc2WATER SURCHARGES
IRS990/OtherExpensesGrp/Desc3CUSTOMER RECORDS AND CO
IRS990/OtherExpensesGrp/TotalAmt05417073
IRS990/OtherExpensesGrp/TotalAmt1651276
IRS990/OtherExpensesGrp/TotalAmt2342670
IRS990/OtherExpensesGrp/TotalAmt3202011
IRS990/OtherLiabilitiesGrp/BOYAmt04973037
IRS990/OtherLiabilitiesGrp/EOYAmt01567767
IRS990/OtherOrganizationDsc0MUNICIPAL UTILITY
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0MISC SERVICE REVENUE
IRS990/OtherRevenueMiscGrp/Desc1RENTAL INCOME ANTENNA SITES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt070677
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt150904
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt070677
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150904
IRS990/OtherRevenueTotalAmt0121581
IRS990/OtherSalariesAndWagesGrp/TotalAmt0876223
IRS990/OtherSourcesGrossIncomeAmt010182144
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0112038
IRS990/PensionPlanContributionsGrp/TotalAmt0-48376
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0144275
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0409926
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0425894
IRS990/PrincipalOfficerNm0JOHN DEMELIM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09065699
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09065699
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt047849
IRS990/PYGrantsAndSimilarPaidAmt044917
IRS990/PYInvestmentIncomeAmt051140
IRS990/PYOtherExpensesAmt07854437
IRS990/PYOtherRevenueAmt0139201
IRS990/PYProgramServiceRevenueAmt09071539
IRS990/PYRevenuesLessExpensesAmt014973
IRS990/PYSalariesCompEmpBnftPaidAmt01395402
IRS990/PYTotalExpensesAmt09294756
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09309729
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0896374
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06925761
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02498929
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0250830
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01605089
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01855919
IRS990ScheduleD/EquipmentGrp/BookValueAmt06189031
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08795525
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014984556
IRS990ScheduleD/ExpensesNotReportedAmt03138
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09282632
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0318790
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0318790
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt052800
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0269575
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0322375
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03912735
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1855624
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2645198
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3755218
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PENSION RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UNBILLED REVENUES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3ASSET HELD BY FINANCING AUTHORITY
IRS990ScheduleD/OtherExpensesIncludedAmt03138
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021424
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1424265
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt274880
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3261715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4375654
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5409829
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEMAND SIDE MANAGEMENT PROGRAM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CONTRIBUTION IN AID OF CONSTRUCTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PENSION FUNDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5REGULATORY DEFERRALS
IRS990ScheduleD/OtherRevenueAmt03138
IRS990ScheduleD/RevenueNotReportedAmt03138
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010179006
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE DISTRICT EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES. AS OF DECEMBER 31, 2020 AND 2019, 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, 2020, THE DISTRICT'S INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED WITH EACH TAXING JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON STATEMENT OF REVENUE 3,138.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON STATEMENT OF REVENUE 3,138.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06811451
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06168775
IRS990ScheduleD/TotalExpensesPerForm990Amt09282632
IRS990ScheduleD/TotalLiabilityAmt01567767
IRS990ScheduleD/TotalRevenuePerForm990Amt010179006
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010182144
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09285770
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt031185
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
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt017658604
IRS990/TotalAssetsEOYAmt020104850
IRS990/TotalAssetsGrp/BOYAmt017658604
IRS990/TotalAssetsGrp/EOYAmt020104850
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0921931
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/TotalAmt09282632
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06498992
IRS990/TotalLiabilitiesEOYAmt08048864
IRS990/TotalLiabilitiesGrp/BOYAmt06498992
IRS990/TotalLiabilitiesGrp/EOYAmt08048864
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011159612
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012055986
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt09065699
IRS990/TotalReportableCompFromOrgAmt0379700
IRS990/TotalRevenueGrp/ExclusionAmt072933
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09184142
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010179006
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017658604
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020104850
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0332100
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PASCOAG MAIN STREET
IRS990/USAddress/CityNm0PASCOAG
IRS990/USAddress/StateAbbreviationCd0RI

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,104,850
Liabilities
$8,048,864
Net assets
$12,055,986
Revenue
$10,179,006
Expenses
$9,282,632
Net income
$896,374
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