Civic Intelligence

Hecla Water Association Inc

990 • Fiscal year 2013 • EIN 31-0808512

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 24, 2014

3190 State Rt 14145638

(740) 533-0526

Siviq Scores

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

Liabilities / Assets

31st percentile

0.24x

Higher debt load relative to assets than 31% of similar nonprofits.

2013 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

46th percentile

1.29x

Higher debt load relative to revenue than 46% of similar nonprofits.

2013 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2013

Net Margin

57th percentile

6.8%

Higher net margin than 57% of similar nonprofits.

2013 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

69th percentile

$147,504

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2013 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$24,642,864

No earlier filing loaded for comparison.

Net Assets

$18,660,803

No earlier filing loaded for comparison.

Liabilities

$5,982,061

No earlier filing loaded for comparison.

Revenue

$4,636,465

No earlier filing loaded for comparison.

Expenses

$4,318,899

No earlier filing loaded for comparison.

Net Income

$317,566

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2013: $24,642,864Liabilities 2013: $5,982,061Net Assets 2013: $18,660,8032013Assets 2016: $28,539,472Liabilities 2016: $7,415,166Net Assets 2016: $21,124,3062016Assets 2017: $29,733,596Liabilities 2017: $6,407,762Net Assets 2017: $23,325,8342017Assets 2018: $30,186,979Liabilities 2018: $5,912,628Net Assets 2018: $24,274,3512018Assets 2019: $29,730,860Liabilities 2019: $4,104,351Net Assets 2019: $25,626,5092019Assets 2020: $31,852,474Liabilities 2020: $3,867,536Net Assets 2020: $27,984,9382020Assets 2021: $36,856,921Liabilities 2021: $7,185,388Net Assets 2021: $29,671,5332021Assets 2022: $39,770,416Liabilities 2022: $7,449,988Net Assets 2022: $32,320,4282022Assets 2023: $42,656,156Liabilities 2023: $7,402,970Net Assets 2023: $35,253,1862023Assets 2024: $45,368,845Liabilities 2024: $7,419,947Net Assets 2024: $37,948,8982024

Highlighted filing

2013

Assets$24,642,864
Liabilities$5,982,061
Net Assets$18,660,803

Operations Trend

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

$10M$5.0M$0Revenue 2013: $4,636,465Expenses 2013: $4,318,899Net Income 2013: $317,5662013Revenue 2016: $5,457,817Expenses 2016: $4,404,209Net Income 2016: $1,053,6082016Revenue 2017: $6,924,170Expenses 2017: $4,722,642Net Income 2017: $2,201,5282017Revenue 2018: $6,005,703Expenses 2018: $4,964,774Net Income 2018: $1,040,9292018Revenue 2019: $6,147,660Expenses 2019: $4,795,502Net Income 2019: $1,352,1582019Revenue 2020: $7,554,214Expenses 2020: $5,195,785Net Income 2020: $2,358,4292020Revenue 2021: $6,939,099Expenses 2021: $5,252,504Net Income 2021: $1,686,5952021Revenue 2022: $8,262,678Expenses 2022: $5,613,783Net Income 2022: $2,648,8952022Revenue 2023: $8,650,856Expenses 2023: $5,718,098Net Income 2023: $2,932,7582023Revenue 2024: $8,932,906Expenses 2024: $6,237,194Net Income 2024: $2,695,7122024

Highlighted filing

2013

Revenue$4,636,465
Expenses$4,318,899
Net Income$317,566
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 24, 2014
Return Version
2013v3.0
Gross Receipts
$6,254,855
Mission and Program Overview

Mission

Provide water treatment and distribution to rural county businesses and residents in lawrence county, ohio.

Water treatment and distribution to rural county businesses and residents in lawrence county ohio.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,080,094$20,053,240▼ $26,854
Cash and Non-Interest-Bearing Accounts$3,250,966$3,233,158▼ $17,808
Accounts Receivable$728,250$799,206▲ $70,956
Inventories for Sale or Use$570,522$534,692▼ $35,830
Prepaid Expenses and Deferred Charges$23,641$22,033▼ $1,608
Total Assets$24,654,078$24,642,864▼ $11,214
Other Assets Total$605$535▼ $70
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,811,520$5,507,360▼ $304,160
Accounts Payable and Accrued Expenses$371,235$354,949▼ $16,286
Other Liabilities$128,086$119,752▼ $8,334
Total Liabilities$6,310,841$5,982,061▼ $328,780
Net Assets / Fund Balance
Unrestricted Net Assets$10,811,894$11,383,059▲ $571,165
Permanently Rstr Net Assets$6,687,056$6,687,056→ $0
Temporarily Rstr Net Assets$844,287$590,688▼ $253,599
Total Net Assets Fund Balance$18,343,237$18,660,803▲ $317,566
Total Liabilities and Net Assets / Fund Balance$24,654,078$24,642,864▼ $11,214

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$179,520$486,534-
Other Land Buildings$15,139,948$15,906,999-
Land$4,546,128--
Equipment$187,644$1,458,428-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ray HowardFormer - CEOFT$147,504$147,504

Board Members and Trustees

NameTitle
Bill MorrisChairman
Mart HowardVice Chairman
Fred HowellBoard Member
Luella PinsonBoard Member
Odell WilliamsBoard Member
Ray GillenwaterBoard Member
Larry BareTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,770
Program Service Revenue
$0
Investment Income
$27,024
Other Revenue
$4,490,671
All Other Contributions
$118,770
Change in Net Assets
$317,566

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,636,465
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,636,465
Total Revenue per Form 990
$4,636,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,584,329
Other Expenses$1,734,570
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$904,939$478,136-$1,383,075
Other Employee Benefits$572,962$260,245-$833,207
Depreciation Depletion$635,629--$635,629
Occupancy$139,953$63,555-$203,508
Payroll Taxes$112,517$51,106-$163,623
Current Officers, Directors, Trustees, and Key Employees$147,504--$147,504
Interest$137,379--$137,379
All Other Expenses$40,837$69,192-$110,029
Insurance$39,474$17,930-$57,404
Pension Plan Contributions$39,142$17,778-$56,920
Fees for Services Accounting-$50,010-$50,010
Other Expenses$26,695$12,125-$38,820
Fees for Services Legal-$31,031-$31,031
Travel$7,658$3,478-$11,136
Advertising-$1,049-$1,049
Total Functional Expenses$3,214,229$1,104,670$0$4,318,899

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,318,899
Total Expenses per Audited Statements$4,318,899
Total Expenses per Form 990$4,318,899
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$119,752
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Part VI, Section A, Line 2

Ray howard, ceo and mart howard, vice chairman on the board of directors are brothers.

Form 990, Part VI, Section B, Line 11

The governing body reviews the form 990 for inaccuracies and compares the form 990 to the audited financial statements.

Form 990, Part VI, Section C, Line 19

The documents are available upon request at the corporate office.

Form 990, Part VII

Bill morris - 11 state route 217, kitts hill, oh 45645. Luella pinson - 1049 state route 217, kitts hill, oh 45645. Fred howell - 29 county road 5, kitts hill, oh 45645. Odell williams - 1529 county road 19, kitts hill, oh 45645. Ray gillenwater - 5794 state route 141, ironton, oh 45638. Mart howard - 356 county road 7e, ironton, oh 45638. Larry bare - 4571 county road 4, pedro, oh 45659.

Filing and Contact Details

Filer

EIN
31-0808512
Phone
7405330526

Signing Officer

Name
Tony Howard
Title
General Manager
Phone
7405330526
Signed
2014-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Howard
Formed
1969
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
40
Volunteers
0

Preparer

Preparer
Tracy Neal Hillman
Phone
6063291656
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2(C)

The audit committee reviews the audited financial statements

Financial Statement Notes

Schedule D Part XIII

Other is water distribution system.

Raw XML AppendixShowing 400 of 425 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023641
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022033
IRS990/PrincipalOfficerNm0TONY HOWARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0183282
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018854
IRS990/PYOtherExpensesAmt01777693
IRS990/PYOtherRevenueAmt04419322
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0228390
IRS990/PYSalariesCompEmpBnftPaidAmt02615375
IRS990/PYTotalExpensesAmt04393068
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04621458
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0317566
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04517695
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0179520
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0486534
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0666054
IRS990ScheduleD/EquipmentGrp/BookValueAmt0187644
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01458428
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01646072
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04318899
IRS990ScheduleD/LandGrp/BookValueAmt04546128
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt04546128
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015139948
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015906999
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt031046947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0119752
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04636465
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OTHER IS WATER DISTRIBUTION SYSTEM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020053240
IRS990ScheduleD/TotalExpensesPerForm990Amt04318899
IRS990ScheduleD/TotalLiabilityAmt0119752
IRS990ScheduleD/TotalRevenuePerForm990Amt04636465
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04636465
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04318899
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0147504
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/PersonNm0RAY HOWARD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER - CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0147504
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAY HOWARD, CEO AND MART HOWARD, VICE CHAIRMAN ON THE BOARD OF DIRECTORS ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY REVIEWS THE FORM 990 FOR INACCURACIES AND COMPARES THE FORM 990 TO THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE CORPORATE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BILL MORRIS - 11 STATE ROUTE 217, KITTS HILL, OH 45645. LUELLA PINSON - 1049 STATE ROUTE 217, KITTS HILL, OH 45645. FRED HOWELL - 29 COUNTY ROAD 5, KITTS HILL, OH 45645. ODELL WILLIAMS - 1529 COUNTY ROAD 19, KITTS HILL, OH 45645. RAY GILLENWATER - 5794 STATE ROUTE 141, IRONTON, OH 45638. MART HOWARD - 356 COUNTY ROAD 7E, IRONTON, OH 45638. LARRY BARE - 4571 COUNTY ROAD 4, PEDRO, OH 45659.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AUDIT COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII LINE 2(C)
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0844287
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0590688
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt024654078
IRS990/TotalAssetsEOYAmt024642864
IRS990/TotalAssetsGrp/BOYAmt024654078
IRS990/TotalAssetsGrp/EOYAmt024642864
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0118770
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01104670
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03214229
IRS990/TotalFunctionalExpensesGrp/TotalAmt04318899
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06310841
IRS990/TotalLiabilitiesEOYAmt05982061
IRS990/TotalLiabilitiesGrp/BOYAmt06310841
IRS990/TotalLiabilitiesGrp/EOYAmt05982061
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt018343237
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt018660803
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03214229
IRS990/TotalReportableCompFromOrgAmt0147504
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04517695
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04636465
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt024654078
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024642864
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03478
IRS990/TravelGrp/ProgramServicesAmt07658
IRS990/TravelGrp/TotalAmt011136
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt010811894
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011383059
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine103190 STATE ROUTE 141
IRS990/USAddress/City0IRONTON
IRS990/USAddress/State0OH
IRS990/USAddress/ZIPCode045638
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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