Civic Intelligence

Pascoag Utility District

990 • Fiscal year 2022 • EIN 05-0517079

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 30, 2023

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

52nd percentile

0.36x

Higher debt load relative to assets than 52% of similar nonprofits.

2022 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

30th percentile

0.70x

Higher debt load relative to revenue than 30% of similar nonprofits.

2022 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2022

Net Margin

33rd percentile

1.5%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$153,671

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2022

Asset Growth

25th percentile

-1.0%

Faster asset growth than 25% of similar nonprofits.

2022 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

2.7%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$19,781,769

Down $197,932 (-1.0%) from 2021

Net Assets

Up

$12,722,769

Up $148,147 (+1.2%) from 2021

Liabilities

Down

$7,059,000

Down $346,079 (-4.7%) from 2021

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin33rd percentile

Revenue

Up

$10,094,239

Up $269,180 (+2.7%) from 2021

Expenses

Up

$9,946,092

Up $639,669 (+6.9%) from 2021

Net Income

Down

$148,147

Down $370,489 (-71%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth25th 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

2022

Assets$19,781,769
Liabilities$7,059,000
Net Assets$12,722,769
Open 2022 Filing

Operations Trend

Revenue Growth40th 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

2022

Revenue$10,094,239
Expenses$9,946,092
Net Income$148,147
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$10,094,239
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$8,709,279$8,525,662▼ $183,617
Cash and Non-Interest-Bearing Accounts$2,995,612$3,011,385▲ $15,773
Savings and Temporary Cash Investments$2,920,378$2,759,260▼ $161,118
Accounts Receivable$494,777$499,174▲ $4,397
Prepaid Expenses and Deferred Charges$460,962$442,951▼ $18,011
Inventories for Sale or Use$193,084$199,463▲ $6,379
Total Assets$19,979,701$19,781,769▼ $197,932
Other Assets Total$4,205,609$4,343,874▲ $138,265
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,108,777$4,909,620▼ $199,157
Other Liabilities$1,677,248$1,466,657▼ $210,591
Accounts Payable and Accrued Expenses$619,054$682,723▲ $63,669
Total Liabilities$7,405,079$7,059,000▼ $346,079
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,574,622$12,722,769▲ $148,147
Total Net Assets Fund Balance$12,574,622$12,722,769▲ $148,147
Total Liabilities and Net Assets / Fund Balance$19,979,701$19,781,769▼ $197,932

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,981,412$9,548,442$17,529,854
Buildings$90,459$1,770,180$1,860,639
Leasehold Improvements$135,001$292,874$427,875
Land$318,790-$318,790
Other Assets Org$899,862--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael KirkwoodGeneral ManagerFT$153,671$153,671
William GuertinAssistant General ManagerFT$119,908$119,908
Christopher PiccardiEmployeeFT$109,878$109,878
Harle YoungManager of Finance & CustoFT$108,176$108,176
Douglas MenardEmployeeFT$106,703$106,703
Glen DerbyEmployeeFT$105,105$105,105
Craig KoprusakEmployeeFT$101,526$101,526
Doug LeesMember-$3,000$3,000
John BlodgettMember-$3,000$3,000
John DemelimMember-$3,000$3,000
Michael KogutVice Chairman-$3,000$3,000
Linda LaporteTreasurer-$1,560$1,560

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$119,987
Program Service Revenue
$9,801,206
Investment Income
$76,913
Other Revenue
$96,133
All Other Contributions
$54,089
Change in Net Assets
$148,147

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,094,239
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,094,239
Total Revenue per Form 990
$10,094,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,477,198
Salaries, Compensation, and Employee Benefits$1,394,830
Grants and Similar Amounts Paid$74,064
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$904,346
Depreciation Depletion---$588,239
All Other Expenses---$337,704
Other Employee Benefits---$263,739
Other Expenses---$233,870
Fees for Services Other---$166,885
Payroll Taxes---$115,361
Pension Plan Contributions---$111,384
Insurance---$105,057
Office Expenses---$94,798
Interest---$91,838
Grants to Domestic Orgs---$74,064
Fees for Services Accounting---$46,639
Occupancy---$28,752
Fees for Services Legal---$23,270
Travel---$21,697
Total Functional Expenses$0$0$0$9,946,092

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,946,092
Total Expenses per Audited Statements$9,946,092
Total Expenses per Form 990$9,946,092
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$74,064
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$480,360
Pension Funding$477,232
Contribution in Aid of Construction$246,016
Regulatory Deferrals$168,189
Accrued Compensated Absences$75,081
Demand Side Management Program$19,779
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
Linda Ann Laporte
Title
Treasurer
Phone
4015686222
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Ann Laporte
Formed
2001
Legal Domicile
Ri
Voting Board Members
8
Independent Board Members
8
Employees
19
Volunteers
0

Preparer

Firm
Marcum Llp
Address
100 WESTMINSTER STREET SUITE 500, PROVIDENCE, RI 02903
Preparer
David Fontaine
Phone
4016004500
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, 2022 and 2021, 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, 2022, 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 481 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/BOYAmt0619054
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0682723
IRS990/AccountsReceivableGrp/BOYAmt0494777
IRS990/AccountsReceivableGrp/EOYAmt0499174
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PASCOAG UTILITY DISTRICT PROVIDES WATER AND ELECTRIC UTILITY SERVICES WITHIN THE VILLAGES OF PASCOAG AND HARRISVILLE, RI
IRS990/AllOtherContributionsAmt054089
IRS990/AllOtherExpensesGrp/TotalAmt0337704
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HARLE YOUNG
IRS990/BooksInCareOfDetail/PhoneNum04015671260
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PASCOAG MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PASCOAG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002859
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02995612
IRS990/CashNonInterestBearingGrp/EOYAmt03011385
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0119987
IRS990/CYGrantsAndSimilarPaidAmt074064
IRS990/CYInvestmentIncomeAmt076913
IRS990/CYOtherExpensesAmt08477198
IRS990/CYOtherRevenueAmt096133
IRS990/CYProgramServiceRevenueAmt09801206
IRS990/CYRevenuesLessExpensesAmt0148147
IRS990/CYSalariesCompEmpBnftPaidAmt01394830
IRS990/CYTotalExpensesAmt09946092
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010094239
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0588239
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/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt046639
IRS990/FeesForServicesLegalGrp/TotalAmt023270
IRS990/FeesForServicesOtherGrp/TotalAmt0166885
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/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd5X
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0ALBERT G PALMISCIANO
IRS990/Form990PartVIISectionAGrp/PersonNm1DOUG LEES
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN BLODGETT
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN DEMELIM
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL KOGUT
IRS990/Form990PartVIISectionAGrp/PersonNm5LINDA LAPORTE
IRS990/Form990PartVIISectionAGrp/PersonNm6JACK GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm7RAYMOND TRINQUE
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL KIRKWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm9WILLIAM GUERTIN
IRS990/Form990PartVIISectionAGrp/PersonNm10CHRISTOPHER PICCARDI
IRS990/Form990PartVIISectionAGrp/PersonNm11CRAIG KOPRUSAK
IRS990/Form990PartVIISectionAGrp/PersonNm12HARLE YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm13DOUGLAS MENARD
IRS990/Form990PartVIISectionAGrp/PersonNm14GLEN DERBY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51560
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8153671
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9119908
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10109878
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11101526
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12108176
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13106703
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14105105
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt7DISTRICT MODERATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSISTANT GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt10EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12MANAGER OF FINANCE & CUSTO
IRS990/Form990PartVIISectionAGrp/TitleTxt13EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt022522
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt065898
IRS990/GrantsToDomesticOrgsGrp/TotalAmt074064
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt022522
IRS990/GrossReceiptsAmt010094239
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt0105057
IRS990/InterestGrp/TotalAmt091838
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0193084
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0199463
IRS990/InvestmentIncomeGrp/ExclusionAmt054391
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054391
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011611496
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08709279
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08525662
IRS990/LandBldgEquipCostOrOtherBssAmt020137158
IRS990/LegalDomicileStateCd0RI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
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/BOYAmt05108777
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04909620
IRS990/NetAssetsOrFundBalancesBOYAmt012574622
IRS990/NetAssetsOrFundBalancesEOYAmt012722769
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt022522
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt022522
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012574622
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012722769
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt028752
IRS990/OfficeExpensesGrp/TotalAmt094798
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04205609
IRS990/OtherAssetsTotalGrp/EOYAmt04343874
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0263739
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER EXPENSE
IRS990/OtherExpensesGrp/Desc1MAINTENANCE EXPENSES -
IRS990/OtherExpensesGrp/Desc2WATER SURCHARGES
IRS990/OtherExpensesGrp/Desc3CUSTOMER RECORDS AND CO
IRS990/OtherExpensesGrp/TotalAmt05782548
IRS990/OtherExpensesGrp/TotalAmt1667438
IRS990/OtherExpensesGrp/TotalAmt2288463
IRS990/OtherExpensesGrp/TotalAmt3233870
IRS990/OtherLiabilitiesGrp/BOYAmt01677248
IRS990/OtherLiabilitiesGrp/EOYAmt01466657
IRS990/OtherOrganizationDsc0MUNICIPAL UTILITY
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0RENTAL INCOME ANTENNA SITES
IRS990/OtherRevenueMiscGrp/Desc1MISC SERVICE REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt057460
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt138673
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt057460
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt138673
IRS990/OtherRevenueTotalAmt096133
IRS990/OtherSalariesAndWagesGrp/TotalAmt0904346
IRS990/OtherSourcesGrossIncomeAmt010094240
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0115361
IRS990/PensionPlanContributionsGrp/TotalAmt0111384
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0460962
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0442951
IRS990/PrincipalOfficerNm0LINDA ANN LAPORTE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09801206
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09801206
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0228472
IRS990/PYGrantsAndSimilarPaidAmt0123652
IRS990/PYInvestmentIncomeAmt074444
IRS990/PYOtherExpensesAmt08052918
IRS990/PYOtherRevenueAmt0448349
IRS990/PYProgramServiceRevenueAmt09073794
IRS990/PYRevenuesLessExpensesAmt0518636
IRS990/PYSalariesCompEmpBnftPaidAmt01129853
IRS990/PYTotalExpensesAmt09306423
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09825059
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0148147
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02920378
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02759260
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt090459
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01770180
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01860639
IRS990ScheduleD/EquipmentGrp/BookValueAmt07981412
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09548442
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017529854
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09946092
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0318790
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0318790
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0135001
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0292874
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0427875
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02386161
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1364441
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2693410
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3899862
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PENSION RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UNBILLED REVENUES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PENSION FUNDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019779
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1480360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt275081
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3246016
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4477232
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5168189
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/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010094239
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE DISTRICT EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES. AS OF DECEMBER 31, 2022 AND 2021, 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, 2022, 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/TotalBookValueLandBuildingsAmt08525662
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04343874
IRS990ScheduleD/TotalExpensesPerForm990Amt09946092
IRS990ScheduleD/TotalLiabilityAmt01466657
IRS990ScheduleD/TotalRevenuePerForm990Amt010094239
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010094239
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09946092
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt074064
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153671
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL KIRKWOOD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0153671
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,781,769
Liabilities
$7,059,000
Net assets
$12,722,769
Revenue
$10,094,239
Expenses
$9,946,092
Net income
$148,147
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