Civic Intelligence

Mcnair Stampley Waterworks Association

990 • Fiscal year 2021 • EIN 23-7103196

Jul 01, 2020 to Jun 30, 2021 • Filed on May 12, 2022

Organization ProfileN/A
PO Box 6Fayette, MS 39069

(601) 786-6265

Siviq Scores

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

Liabilities / Assets

64th percentile

0.36x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

2.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2021

Net Margin

7th percentile

-23%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

65th percentile

$0

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2021

Asset Growth

12th percentile

-4.2%

Faster asset growth than 12% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

82nd percentile

15%

Faster revenue growth than 82% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$4,329,957

Down $191,632 (-4.2%) from 2020

Net Assets

Down

$2,755,884

Down $177,839 (-6.1%) from 2020

Liabilities

Down

$1,574,073

Down $13,793 (-0.9%) from 2020

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin7th percentile

Revenue

Up

$779,552

Up $102,636 (+15%) from 2020

Expenses

Up

$957,391

Up $147,490 (+18%) from 2020

Net Income

Down

-$177,839

Down $44,854 (-34%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,987,145Liabilities 2011: $1,037,223Net Assets 2011: $1,949,9222011Assets 2012: $2,958,590Liabilities 2012: $923,185Net Assets 2012: $2,035,4052012Assets 2013: $2,793,026Liabilities 2013: $876,100Net Assets 2013: $1,916,9262013Assets 2014: $4,401,786Liabilities 2014: $1,618,501Net Assets 2014: $2,783,2852014Assets 2016: $5,230,688Liabilities 2016: $1,567,256Net Assets 2016: $3,663,4322016Assets 2018: $4,903,220Liabilities 2018: $1,587,434Net Assets 2018: $3,315,7862018Assets 2019: $4,715,906Liabilities 2019: $1,649,198Net Assets 2019: $3,066,7082019Assets 2020: $4,521,589Liabilities 2020: $1,587,866Net Assets 2020: $2,933,7232020Assets 2021: $4,329,957Liabilities 2021: $1,574,073Net Assets 2021: $2,755,8842021Assets 2022: $4,110,640Liabilities 2022: $1,515,192Net Assets 2022: $2,595,4482022Assets 2023: $3,903,307Liabilities 2023: $1,473,894Net Assets 2023: $2,429,4132023

Highlighted filing

2021

Assets$4,329,957
Liabilities$1,574,073
Net Assets$2,755,884
Open 2021 Filing

Operations Trend

Revenue Growth82nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $492,2862011Expenses 2012: $523,2942012Expenses 2013: $702,5062013Revenue 2014: $1,607,390Expenses 2014: $741,031Net Income 2014: $866,3592014Revenue 2016: $667,688Expenses 2016: $810,525Net Income 2016: -$142,8372016Revenue 2018: $675,876Expenses 2018: $821,987Net Income 2018: -$146,1112018Revenue 2019: $691,840Expenses 2019: $940,918Net Income 2019: -$249,0782019Revenue 2020: $676,916Expenses 2020: $809,901Net Income 2020: -$132,9852020Revenue 2021: $779,552Expenses 2021: $957,391Net Income 2021: -$177,8392021Revenue 2022: $763,065Expenses 2022: $923,501Net Income 2022: -$160,4362022Revenue 2023: $765,384Expenses 2023: $931,419Net Income 2023: -$166,0352023

Highlighted filing

2021

Revenue$779,552
Expenses$957,391
Net Income-$177,839
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.0
Gross Receipts
$779,552
Mission and Program Overview

Mission

The association provides clean and safe water to members in jefferson county ms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,147,383$3,950,163▼ $197,220
Savings and Temporary Cash Investments$175,109$177,315▲ $2,206
Accounts Receivable$93,071$94,347▲ $1,276
Cash and Non-Interest-Bearing Accounts$77,647$79,753▲ $2,106
Inventories for Sale or Use$22,673$22,673→ $0
Prepaid Expenses and Deferred Charges$4,625$4,625→ $0
Total Assets$4,521,589$4,329,957▼ $191,632
Other Assets Total$1,081$1,081→ $0
Liabilities
Other Liabilities$1,580,585$1,565,313▼ $15,272
Accounts Payable and Accrued Expenses$7,281$8,760▲ $1,479
Total Liabilities$1,587,866$1,574,073▼ $13,793
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,933,723$2,755,884▼ $177,839
Total Net Assets Fund Balance$2,933,723$2,755,884▼ $177,839
Total Liabilities and Net Assets / Fund Balance$4,521,589$4,329,957▼ $191,632

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,846,018$2,553,235$6,399,253
Equipment$75,298$288,376$363,674
Buildings$5,042$60,449$65,491
Land$23,805-$23,805
Compensation and Service Providers
Top Officer Pay65th percentile

Board Members and Trustees

NameTitle
Roosevelt CruelPresident
Martha WallaceDirector
Rosie HillDirector
Ruthie StampleySec/treas
Jessie HunterVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$777,340
Investment Income
$2,212
Other Revenue
$0
Change in Net Assets
$-177,839

Audited Revenue Reconciliation

Revenue per Audited Statements
$779,552
Total Revenue per Audited Statements
$779,552
Total Revenue per Form 990
$779,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$657,171
Salaries, Compensation, and Employee Benefits$300,220
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$277,282--$277,282
Depreciation Depletion$201,686--$201,686
Interest$49,559--$49,559
Insurance$43,493--$43,493
Payroll Taxes$22,938--$22,938
Other Expenses$21,848--$21,848
Payment Travel Entrtnmnt Publicly Ofcl$21,363--$21,363
Office Expenses$14,493--$14,493
Fees for Services Accounting$12,247--$12,247
All Other Expenses$7,422--$7,422
Advertising$938--$938
Total Functional Expenses$957,391$0$0$957,391

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$957,391
Total Expenses per Audited Statements$957,391
Total Expenses per Form 990$957,391
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
Long Term Debt$1,402,494
Current Portion of Long Term Debt$64,007
Note Payable$51,032
Meter Deposits$47,780
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the board of directors at the monthly board meeting”

Form 990, Page 6, Part VI, Line 18

“Documents are made available to the public at the monthly board meetings”

Form 990, Page 6, Part VI, Line 19

“Documents are made available to the public at the monthly board meetings”

Filing and Contact Details

Filer

Filer Name
Mcnair Stampley Waterworks
EIN
23-7103196
Phone
6017866265
Address
PO BOX 6, FAYETTE, MS 39069

Signing Officer

Name
Roosevelt Cruel
Title
President
Phone
6017866265
Signed
2022-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roosevelt Cruel
Formed
1967
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
8

Preparer

Firm
May & Company Llp
Address
110 MONUMENT PL, VICKSBURG, MS 39180
Preparer
Nathaniel J Cummins
Phone
6016364762
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Part x - fin 48 footnote the association has been granted tax exempt status as provided by section 501(c)(12) of the internal revenue code. The association's income tax filings are subject to audit by various taxing authorities. In evaluating the association's tax provisions and accruals, future taxable income, and the reversal of temporary differences, interpretations, and tax planning strategies are considered. The association believes their estimates are appropriate based on the current facts and circumstances.”

Raw XML Appendix323 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07281
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08760
IRS990/AccountsReceivableGrp/BOYAmt093071
IRS990/AccountsReceivableGrp/EOYAmt094347
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ASSOCIATION PROVIDES CLEAN AND SAFE WATER TO MEMBERS IN JEFFERSON COUNTY MS.
IRS990/AdvertisingGrp/ProgramServicesAmt0938
IRS990/AdvertisingGrp/TotalAmt0938
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07422
IRS990/AllOtherExpensesGrp/TotalAmt07422
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SHANTI FRYE
IRS990/BooksInCareOfDetail/PhoneNum06017866265
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 6
IRS990/BooksInCareOfDetail/USAddress/CityNm0FAYETTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039069
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt077647
IRS990/CashNonInterestBearingGrp/EOYAmt079753
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02212
IRS990/CYOtherExpensesAmt0657171
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0777340
IRS990/CYRevenuesLessExpensesAmt0-177839
IRS990/CYSalariesCompEmpBnftPaidAmt0300220
IRS990/CYTotalExpensesAmt0957391
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0779552
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0201686
IRS990/DepreciationDepletionGrp/TotalAmt0201686
IRS990/Desc0THE ASSOCIATION PROVIDES CLEAN AND SAFE WATER TO MEMBERS IN JEFFERSON COUNTY MS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0957391
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012247
IRS990/FeesForServicesAccountingGrp/TotalAmt012247
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0ROSIE HILL
IRS990/Form990PartVIISectionAGrp/PersonNm1MARTHA WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm2ROOSEVELT CRUEL
IRS990/Form990PartVIISectionAGrp/PersonNm3JESSIE HUNTER
IRS990/Form990PartVIISectionAGrp/PersonNm4RUTHIE STAMPLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SEC/TREAS
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0779552
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt043493
IRS990/InsuranceGrp/TotalAmt043493
IRS990/InterestGrp/ProgramServicesAmt049559
IRS990/InterestGrp/TotalAmt049559
IRS990/InventoriesForSaleOrUseGrp/BOYAmt022673
IRS990/InventoriesForSaleOrUseGrp/EOYAmt022673
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02212
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02212
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02902060
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04147383
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03950163
IRS990/LandBldgEquipCostOrOtherBssAmt06852223
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0777340
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ASSOCIATION PROVIDES CLEAN AND SAFE WATER TO MEMBERS IN JEFFERSON COUNTY MS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02933723
IRS990/NetAssetsOrFundBalancesEOYAmt02755884
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02933723
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02755884
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt014493
IRS990/OfficeExpensesGrp/TotalAmt014493
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01081
IRS990/OtherAssetsTotalGrp/EOYAmt01081
IRS990/OtherExpensesGrp/Desc0CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3TRUCK EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0116080
IRS990/OtherExpensesGrp/ProgramServicesAmt195764
IRS990/OtherExpensesGrp/ProgramServicesAmt272278
IRS990/OtherExpensesGrp/ProgramServicesAmt321848
IRS990/OtherExpensesGrp/TotalAmt0116080
IRS990/OtherExpensesGrp/TotalAmt195764
IRS990/OtherExpensesGrp/TotalAmt272278
IRS990/OtherExpensesGrp/TotalAmt321848
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt01580585
IRS990/OtherLiabilitiesGrp/EOYAmt01565313
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0277282
IRS990/OtherSalariesAndWagesGrp/TotalAmt0277282
IRS990/OtherSourcesGrossIncomeAmt053244
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt022938
IRS990/PayrollTaxesGrp/TotalAmt022938
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04625
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04625
IRS990/PrincipalOfficerNm0ROOSEVELT CRUEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0777340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0777340
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt01650
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt021363
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt021363
IRS990/PYOtherExpensesAmt0554185
IRS990/PYProgramServiceRevenueAmt0675266
IRS990/PYRevenuesLessExpensesAmt0-132985
IRS990/PYSalariesCompEmpBnftPaidAmt0255716
IRS990/PYTotalExpensesAmt0809901
IRS990/PYTotalRevenueAmt0676916
IRS990/ReconcilationRevenueExpnssAmt0-177839
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0777340
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0175109
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0177315
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05042
IRS990ScheduleD/BuildingsGrp/DepreciationAmt060449
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt065491
IRS990ScheduleD/EquipmentGrp/BookValueAmt075298
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0288376
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0363674
IRS990ScheduleD/ExpensesSubtotalAmt0957391
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt023805
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt023805
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03846018
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02553235
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06399253
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01402494
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt164007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt251032
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt347780
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION OF LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3METER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0779552
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X - FIN 48 FOOTNOTE THE ASSOCIATION HAS BEEN GRANTED TAX EXEMPT STATUS AS PROVIDED BY SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. IN EVALUATING THE ASSOCIATION'S TAX PROVISIONS AND ACCRUALS, FUTURE TAXABLE INCOME, AND THE REVERSAL OF TEMPORARY DIFFERENCES, INTERPRETATIONS, AND TAX PLANNING STRATEGIES ARE CONSIDERED. THE ASSOCIATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON THE CURRENT FACTS AND CIRCUMSTANCES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03950163
IRS990ScheduleD/TotalExpensesPerForm990Amt0957391
IRS990ScheduleD/TotalLiabilityAmt01565313
IRS990ScheduleD/TotalRevenuePerForm990Amt0779552
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0779552
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0957391
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT THE MONTHLY BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE MONTHLY BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE MONTHLY BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04521589
IRS990/TotalAssetsEOYAmt04329957
IRS990/TotalAssetsGrp/BOYAmt04521589
IRS990/TotalAssetsGrp/EOYAmt04329957
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0957391
IRS990/TotalFunctionalExpensesGrp/TotalAmt0957391
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01587866
IRS990/TotalLiabilitiesEOYAmt01574073
IRS990/TotalLiabilitiesGrp/BOYAmt01587866
IRS990/TotalLiabilitiesGrp/EOYAmt01574073
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02933723
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02755884
IRS990/TotalProgramServiceExpensesAmt0957391
IRS990/TotalProgramServiceRevenueAmt0777340
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0779552
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0779552
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04521589
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04329957
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0P O BOX 6
IRS990/USAddress/CityNm0FAYETTE
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039069
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROOSEVELT CRUEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06017866265
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MCNAIR STAMPLEY WATERWORKS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MCNA
ReturnHeader/Filer/EIN0237103196
ReturnHeader/Filer/PhoneNum06017866265
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6
ReturnHeader/Filer/USAddress/CityNm0FAYETTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039069
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640900153
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAY & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 MONUMENT PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VICKSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039180
ReturnHeader/PreparerPersonGrp/PhoneNum06016364762
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NATHANIEL J CUMMINS
ReturnHeader/ReturnTs02022-05-16T10:31:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROOSEVELT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CRUEL
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,329,957
Liabilities
$1,574,073
Net assets
$2,755,884
Revenue
$779,552
Expenses
$957,391
Net income
-$177,839
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.90$1.47$2.43$0.77$0.93$0.17
2022Detailed filing. Detailed filing data is available for this year.$4.11$1.52$2.60$0.76$0.92$0.16
2021Detailed filing. Detailed filing data is available for this year.$4.33$1.57$2.76$0.78$0.96$0.18
2020Detailed filing. Detailed filing data is available for this year.$4.52$1.59$2.93$0.68$0.81$0.13
2019Detailed filing. Detailed filing data is available for this year.$4.72$1.65$3.07$0.69$0.94$0.25
2018Detailed filing. Detailed filing data is available for this year.$4.90$1.59$3.32$0.68$0.82$0.15
2016Detailed filing. Detailed filing data is available for this year.$5.23$1.57$3.66$0.67$0.81$0.14
2014Detailed filing. Detailed filing data is available for this year.$4.40$1.62$2.78$1.61$0.74$0.87
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.88$1.92$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.92$2.04$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$1.04$1.95$0.49