Civic Intelligence

Star Mountain Water Supply Corporation

EIN 23-7440954 • 501(c)12 • Winona, TX

Profile

To furnish a water supply for general farm use and domestic purposes to approximately 670 individuals residing in the rural community of waters bluff and starrville, texas, and the surrounding rural areas.

PO Box 528Winona, TX 75792

www.smwsc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.48x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

1.20x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Net Margin

43rd percentile

3.5%

Higher net margin than 43% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$54,267

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Asset Growth

1st percentile

-29%

Faster asset growth than 1% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

71%

Faster revenue growth than 92% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,212,840

Down $915,644 (-29%) from 2023

Liabilities

Down

$1,055,793

Down $335,115 (-24%) from 2023

Net Assets

Down

$1,157,047

Down $580,529 (-33%) from 2023

Revenue

Up

$880,385

Up $365,143 (+71%) from 2023

Expenses

Up

$849,460

Up $19,864 (+2.4%) from 2023

Net Income

Up

$30,925

Up $345,279 (+110%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,299,903Liabilities 2010: $142,460Net Assets 2010: $1,157,4432010Assets 2011: $1,406,617Liabilities 2011: $172,328Net Assets 2011: $1,234,2892011Assets 2012: $1,396,814Liabilities 2012: $126,947Net Assets 2012: $1,269,8672012Assets 2013: $1,479,143Liabilities 2013: $165,294Net Assets 2013: $1,313,8492013Assets 2014: $1,390,341Liabilities 2014: $173,435Net Assets 2014: $1,216,9062014Assets 2015: $1,487,199Liabilities 2015: $234,496Net Assets 2015: $1,252,7032015Assets 2016: $1,471,551Liabilities 2016: $205,313Net Assets 2016: $1,266,2382016Assets 2017: $1,430,099Liabilities 2017: $181,979Net Assets 2017: $1,248,1202017Assets 2018: $1,489,244Liabilities 2018: $157,667Net Assets 2018: $1,331,5772018Assets 2019: $1,557,911Liabilities 2019: $251,352Net Assets 2019: $1,306,5592019Assets 2020: $1,570,217Liabilities 2020: $234,979Net Assets 2020: $1,335,2382020Assets 2021: $2,538,095Liabilities 2021: $651,287Net Assets 2021: $1,886,8122021Assets 2022: $3,234,221Liabilities 2022: $1,305,211Net Assets 2022: $1,929,0102022Assets 2023: $3,128,484Liabilities 2023: $1,390,908Net Assets 2023: $1,737,5762023Assets 2024: $2,212,840Liabilities 2024: $1,055,793Net Assets 2024: $1,157,0472024

Highlighted filing

2024

Assets$2,212,840
Liabilities$1,055,793
Net Assets$1,157,047

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $185,9802010Expenses 2011: $208,0222011Expenses 2012: $238,4392012Revenue 2013: $298,791Expenses 2013: $241,169Net Income 2013: $57,6222013Revenue 2014: $301,109Expenses 2014: $384,412Net Income 2014: -$83,3032014Revenue 2015: $317,694Expenses 2015: $268,257Net Income 2015: $49,4372015Revenue 2016: $339,626Expenses 2016: $312,451Net Income 2016: $27,1752016Revenue 2017: $324,940Expenses 2017: $329,420Net Income 2017: -$4,4802017Revenue 2018: $402,269Expenses 2018: $305,171Net Income 2018: $97,0982018Revenue 2019: $402,916Expenses 2019: $370,056Net Income 2019: $32,8602019Revenue 2020: $409,706Expenses 2020: $367,385Net Income 2020: $42,3212020Revenue 2021: $463,409Expenses 2021: $435,703Net Income 2021: $27,7062021Revenue 2022: $566,766Expenses 2022: $510,931Net Income 2022: $55,8352022Revenue 2023: $515,242Expenses 2023: $829,596Net Income 2023: -$314,3542023Revenue 2024: $880,385Expenses 2024: $849,460Net Income 2024: $30,9252024

Highlighted filing

2024

Revenue$880,385
Expenses$849,460
Net Income$30,925

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.21$1.06$1.16$0.88$0.85$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.13$1.39$1.74$0.52$0.83$0.31
2022Detailed filing. Detailed filing data is available for this year.$3.23$1.31$1.93$0.57$0.51$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.54$0.65$1.89$0.46$0.44$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.23$1.34$0.41$0.37$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.56$0.25$1.31$0.40$0.37$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.49$0.16$1.33$0.40$0.31$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.43$0.18$1.25$0.32$0.33$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.47$0.21$1.27$0.34$0.31$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.23$1.25$0.32$0.27$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.17$1.22$0.30$0.38$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.48$0.17$1.31$0.30$0.24$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.13$1.27$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.17$1.23$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.14$1.16$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$881,398
Mission and Program Overview

Mission

To furnish a water supply for general farm use and domestic purposes to approximately 599 individuals residing in the rural community of Waters Bluff and Starrville, Texas, and the surrounding rural areas.

Provide water services to starrville and the surrounding area in northern smith county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,529,192$1,962,327▼ $566,865
Pd in Cap Srpls Land Bldg Eqp Fund$773,268$1,157,047▲ $383,779
Rtn Earn Endowment Incm Other Fnds$964,308$0▼ $964,308
Cash and Non-Interest-Bearing Accounts$354,067$113,700▼ $240,367
Savings and Temporary Cash Investments$106,263$77,812▼ $28,451
Accounts Receivable$110,737$41,752▼ $68,985
Inventories for Sale or Use$17,249$17,249→ $0
Prepaid Expenses and Deferred Charges$10,976$0▼ $10,976
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,128,484$2,212,840▼ $915,644
Liabilities
Mortgage Notes Payable Secured by Investment Property$888,429$832,034▼ $56,395
Other Liabilities$408,319$183,109▼ $225,210
Accounts Payable and Accrued Expenses$94,160$40,650▼ $53,510
Total Liabilities$1,390,908$1,055,793▼ $335,115
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,737,576$1,157,047▼ $580,529
Total Liabilities and Net Assets / Fund Balance$3,128,484$2,212,840▼ $915,644

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,784,698$984,619$2,769,317
Equipment$106,733$168,946$275,679
Land$56,881-$56,881
Buildings$14,015$39,897$53,912
Other Land Buildings$0$14,460$14,460
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brandi MartinOffice AdminPT$54,267$54,267

Board Members and Trustees

NameTitle
Chuck DemareePresident
John WeaverVice-president
Helen LowryDirector
Jason AdairDirector
Renny ReedDirector
Stacey GatesDirector
Peggy ChildressSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$144,974
Program Service Revenue
$731,648
Investment Income
$3,763
Other Revenue
$0
Change in Net Assets
$30,925

Audited Revenue Reconciliation

Revenue per Audited Statements
$880,385
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$880,385
Total Revenue per Form 990
$880,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$613,747
Salaries, Compensation, and Employee Benefits$235,713
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$165,161--$165,161
Depreciation Depletion$104,467--$104,467
Insurance$59,479--$59,479
Current Officers, Directors, Trustees, and Key Employees$54,267--$54,267
Interest$51,441--$51,441
Office Expenses$48,587--$48,587
Fees for Services Accounting$33,316--$33,316
All Other Expenses$23,879--$23,879
Other Expenses$18,206--$18,206
Payroll Taxes$16,285--$16,285
Fees for Services Other$6,649--$6,649
Conferences and Meetings$1,445--$1,445
Advertising$1,053--$1,053
Fees for Services Legal$180--$180
Total Functional Expenses$849,460$0$0$849,460

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$849,460
Total Expenses per Form 990$849,460
Total Expenses per Audited Statements$835,135
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-14,325
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
Deferred Revenues$107,626
Customer Deposits$63,855
Accrued Expenses$11,628
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
No
Other officer compensation reviewed
No
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

Star mountain water supply corporation (smwsc) provides water to its approximately 790 members. Each of its members are residents of the rural community serviced by smwsc.

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

Members of star mountain water supply elect the directors who oversee the corporation.

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

The board of directors cannot make any changes to the bylaws of the corporation without the approval of the members by a vote.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 and all related schedules is reviewed by star mountain water supply corporation's officers each year before it is filed.

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

Compensation, relationships, contracts, transactions, and any other event described in the organization's conflict of interest policy are regularly reviewed and addressed in order to prevent any occurance of a conflict of interest. In the event that such a conflict arises, the officer or director is required to disclose the material facts as to the relationship or interest resulting in the conflict and abstain from discussion and voting, as a matter of record, on that issue. The board will hold a meeting to deliberate the actions needed to address such a conflict when it arises.

Form 990, Part VI, Section B, Line 15

Star mountain water supply corporation (smwsc) has only one regularly scheduled employee. This employee's compensation, as well as the compensation of any other personnel temporarily employed, is determined, reviewed, and voted on by the board. However, there is no written policy stating the procedures for setting employee compensation. The ethical standards and conflict of interest policy in place states that "no officer or director of the corporation shall be entitled to any compensation for or in consideration of the execution of his or her duties as officer or director."

Form 990, Part VI, Section C, Line 19

Star mountain water supply is subject to open records. It provides its governing body documents, policies, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Star Mountain Water Supply Corporation
EIN
23-7440954
Phone
9038773096
Address
PO BOX 528, WINONA, TX 75792

Signing Officer

Name
Rita Cline
Title
Office Manager
Phone
9038773096
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Adair
Formed
1968
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
0

Preparer

Firm
Gollob Morgan Peddy Pc
Address
1001 ESE LOOP 323 STE 300, TYLER, TX 75701
Preparer
Kevin Cashion
Phone
9035340088
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Amortization of aid to construction 14,325. Contributed equity grant -964,308.

Financial Statement Notes

PART X, LINE 2:

The corporation has adopted the provisions of fasb asc 740-10, accounting for income taxes. The corporationrecorded no adjustments as a result of this implementation. Although the corporation is a tax exempt entity as described above, it can incur taxes for unrelated business operations that are not part of its tax exempt purposes. The corporation records a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. The corporation continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended december 31, 2024 and 2023.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Amortization of aid to construction

Raw XML AppendixShowing 400 of 417 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/BOYAmt094160
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt040650
IRS990/AccountsReceivableGrp/BOYAmt0110737
IRS990/AccountsReceivableGrp/EOYAmt041752
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE WATER SERVICES TO STARRVILLE AND THE SURROUNDING AREA IN NORTHERN SMITH COUNTY.
IRS990/AdvertisingGrp/ProgramServicesAmt01053
IRS990/AdvertisingGrp/TotalAmt01053
IRS990/AllOtherExpensesGrp/ProgramServicesAmt023879
IRS990/AllOtherExpensesGrp/TotalAmt023879
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RITA CLINE
IRS990/BooksInCareOfDetail/PhoneNum09038773096
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 528
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINONA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075792
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0354067
IRS990/CashNonInterestBearingGrp/EOYAmt0113700
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt054267
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt054267
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01445
IRS990/ConferencesMeetingsGrp/TotalAmt01445
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0144974
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03763
IRS990/CYOtherExpensesAmt0613747
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0731648
IRS990/CYRevenuesLessExpensesAmt030925
IRS990/CYSalariesCompEmpBnftPaidAmt0235713
IRS990/CYTotalExpensesAmt0849460
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0880385
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0104467
IRS990/DepreciationDepletionGrp/TotalAmt0104467
IRS990/Desc0PROVIDE WATER SERVICES TO STARRVILLE AND THE SURROUNDING AREA IN NORTHERN SMITH COUNTY.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0849460
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt033316
IRS990/FeesForServicesAccountingGrp/TotalAmt033316
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0180
IRS990/FeesForServicesLegalGrp/TotalAmt0180
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06649
IRS990/FeesForServicesOtherGrp/TotalAmt06649
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt730.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/PersonNm0CHUCK DEMAREE
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN WEAVER
IRS990/Form990PartVIISectionAGrp/PersonNm2PEGGY CHILDRESS
IRS990/Form990PartVIISectionAGrp/PersonNm3STACEY GATES
IRS990/Form990PartVIISectionAGrp/PersonNm4HELEN LOWRY
IRS990/Form990PartVIISectionAGrp/PersonNm5JASON ADAIR
IRS990/Form990PartVIISectionAGrp/PersonNm6RENNY REED
IRS990/Form990PartVIISectionAGrp/PersonNm7BRANDI MARTIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt754267
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7OFFICE ADMIN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-13
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0144974
IRS990/GrantAmt0144974
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01000
IRS990/GrossReceiptsAmt0881398
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt059479
IRS990/InsuranceGrp/TotalAmt059479
IRS990/InterestGrp/ProgramServicesAmt051441
IRS990/InterestGrp/TotalAmt051441
IRS990/InventoriesForSaleOrUseGrp/BOYAmt017249
IRS990/InventoriesForSaleOrUseGrp/EOYAmt017249
IRS990/InvestmentIncomeGrp/ExclusionAmt03776
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03776
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01207922
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02529192
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01962327
IRS990/LandBldgEquipCostOrOtherBssAmt03170249
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01013
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0731648
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE WATER SERVICES TO STARRVILLE AND THE SURROUNDING AREA IN NORTHERN SMITH COUNTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0888429
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0832034
IRS990/NetAssetsOrFundBalancesBOYAmt01737576
IRS990/NetAssetsOrFundBalancesEOYAmt01157047
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-13
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-13
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt048587
IRS990/OfficeExpensesGrp/TotalAmt048587
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-949983
IRS990/OtherExpensesGrp/Desc0WATER SYSTEM REPAIRS
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINENANCE
IRS990/OtherExpensesGrp/Desc3PRINTING & PUBLICATION
IRS990/OtherExpensesGrp/ProgramServicesAmt0143726
IRS990/OtherExpensesGrp/ProgramServicesAmt174019
IRS990/OtherExpensesGrp/ProgramServicesAmt247300
IRS990/OtherExpensesGrp/ProgramServicesAmt318206
IRS990/OtherExpensesGrp/TotalAmt0143726
IRS990/OtherExpensesGrp/TotalAmt174019
IRS990/OtherExpensesGrp/TotalAmt247300
IRS990/OtherExpensesGrp/TotalAmt318206
IRS990/OtherLiabilitiesGrp/BOYAmt0408319
IRS990/OtherLiabilitiesGrp/EOYAmt0183109
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0165161
IRS990/OtherSalariesAndWagesGrp/TotalAmt0165161
IRS990/OtherSourcesGrossIncomeAmt0148737
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt016285
IRS990/PayrollTaxesGrp/TotalAmt016285
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0773268
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01157047
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010976
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JASON ADAIR
IRS990/PriorPeriodAdjustmentsAmt0338529
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1TRANSFER/INSTALL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0661457
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt170191
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0661457
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt170191
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0611868
IRS990/PYOtherRevenueAmt0652
IRS990/PYProgramServiceRevenueAmt0514590
IRS990/PYRevenuesLessExpensesAmt0-314354
IRS990/PYSalariesCompEmpBnftPaidAmt0217728
IRS990/PYTotalExpensesAmt0829596
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0515242
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt030925
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0731648
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0964308
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0106263
IRS990/SavingsAndTempCashInvstGrp/EOYAmt077812
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt014015
IRS990ScheduleD/BuildingsGrp/DepreciationAmt039897
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt053912
IRS990ScheduleD/EquipmentGrp/BookValueAmt0106733
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0168946
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0275679
IRS990ScheduleD/ExpensesNotReportedAmt0-14325
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0849460
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt056881
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt056881
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01784698
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0984619
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02769317
IRS990ScheduleD/OtherExpensesIncludedAmt0-14325
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014460
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014460
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt063855
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111628
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2107626
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED REVENUES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0880385
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR INCOME TAXES. THE CORPORATIONRECORDED NO ADJUSTMENTS AS A RESULT OF THIS IMPLEMENTATION. ALTHOUGH THE CORPORATION IS A TAX EXEMPT ENTITY AS DESCRIBED ABOVE, IT CAN INCUR TAXES FOR UNRELATED BUSINESS OPERATIONS THAT ARE NOT PART OF ITS TAX EXEMPT PURPOSES. THE CORPORATION RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. THE CORPORATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1AMORTIZATION OF AID TO CONSTRUCTION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01962327
IRS990ScheduleD/TotalExpensesPerForm990Amt0849460
IRS990ScheduleD/TotalLiabilityAmt0183109
IRS990ScheduleD/TotalRevenuePerForm990Amt0880385
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0880385
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0835135
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STAR MOUNTAIN WATER SUPPLY CORPORATION (SMWSC) PROVIDES WATER TO ITS APPROXIMATELY 790 MEMBERS. EACH OF ITS MEMBERS ARE RESIDENTS OF THE RURAL COMMUNITY SERVICED BY SMWSC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF STAR MOUNTAIN WATER SUPPLY ELECT THE DIRECTORS WHO OVERSEE THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS CANNOT MAKE ANY CHANGES TO THE BYLAWS OF THE CORPORATION WITHOUT THE APPROVAL OF THE MEMBERS BY A VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 AND ALL RELATED SCHEDULES IS REVIEWED BY STAR MOUNTAIN WATER SUPPLY CORPORATION'S OFFICERS EACH YEAR BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION, RELATIONSHIPS, CONTRACTS, TRANSACTIONS, AND ANY OTHER EVENT DESCRIBED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ARE REGULARLY REVIEWED AND ADDRESSED IN ORDER TO PREVENT ANY OCCURANCE OF A CONFLICT OF INTEREST. IN THE EVENT THAT SUCH A CONFLICT ARISES, THE OFFICER OR DIRECTOR IS REQUIRED TO DISCLOSE THE MATERIAL FACTS AS TO THE RELATIONSHIP OR INTEREST RESULTING IN THE CONFLICT AND ABSTAIN FROM DISCUSSION AND VOTING, AS A MATTER OF RECORD, ON THAT ISSUE. THE BOARD WILL HOLD A MEETING TO DELIBERATE THE ACTIONS NEEDED TO ADDRESS SUCH A CONFLICT WHEN IT ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STAR MOUNTAIN WATER SUPPLY CORPORATION (SMWSC) HAS ONLY ONE REGULARLY SCHEDULED EMPLOYEE. THIS EMPLOYEE'S COMPENSATION, AS WELL AS THE COMPENSATION OF ANY OTHER PERSONNEL TEMPORARILY EMPLOYED, IS DETERMINED, REVIEWED, AND VOTED ON BY THE BOARD. HOWEVER, THERE IS NO WRITTEN POLICY STATING THE PROCEDURES FOR SETTING EMPLOYEE COMPENSATION. THE ETHICAL STANDARDS AND CONFLICT OF INTEREST POLICY IN PLACE STATES THAT "NO OFFICER OR DIRECTOR OF THE CORPORATION SHALL BE ENTITLED TO ANY COMPENSATION FOR OR IN CONSIDERATION OF THE EXECUTION OF HIS OR HER DUTIES AS OFFICER OR DIRECTOR."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STAR MOUNTAIN WATER SUPPLY IS SUBJECT TO OPEN RECORDS. IT PROVIDES ITS GOVERNING BODY DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AMORTIZATION OF AID TO CONSTRUCTION 14,325. CONTRIBUTED EQUITY GRANT -964,308.
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 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03128484
IRS990/TotalAssetsEOYAmt02212840
IRS990/TotalAssetsGrp/BOYAmt03128484
IRS990/TotalAssetsGrp/EOYAmt02212840
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0144974
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0849460
IRS990/TotalFunctionalExpensesGrp/TotalAmt0849460
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01390908
IRS990/TotalLiabilitiesEOYAmt01055793
IRS990/TotalLiabilitiesGrp/BOYAmt01390908
IRS990/TotalLiabilitiesGrp/EOYAmt01055793
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01737576
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01157047
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0849460
IRS990/TotalProgramServiceRevenueAmt0731648
IRS990/TotalReportableCompFromOrgAmt054267
IRS990/TotalRevenueGrp/ExclusionAmt03763
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0731648
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0880385
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03128484
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02212840
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 528
IRS990/USAddress/CityNm0WINONA
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075792
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.SMWSC.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RITA CLINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICE MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum09038773096
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STAR MOUNTAIN WATER SUPPLY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0STAR
ReturnHeader/Filer/EIN0237440954
ReturnHeader/Filer/PhoneNum09038773096
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 528
ReturnHeader/Filer/USAddress/CityNm0WINONA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.