Civic Intelligence

Ramsey Water Company Inc

EIN 35-1062251 • 501(c)12 • Ramsey, IN

Profile

Water supplied to members of water company

PO Box 245Ramsey, IN 47166

n-a

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.19x

Higher debt load relative to assets than 33% of similar nonprofits.

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

Liabilities / Revenue

37th percentile

0.81x

Higher debt load relative to revenue than 37% of similar nonprofits.

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

Net Margin

71st percentile

20%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

68th percentile

7.2%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

48th percentile

5.5%

Faster revenue growth than 48% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$26,748,057

Up $779,078 (+3.0%) from 2023

Liabilities

Up

$11,900,133

Up $7,428,570 (+166%) from 2023

Net Assets

Down

$14,847,924

Down $6,649,492 (-31%) from 2023

Operations
Liabilities / Revenue37th percentileNet Margin71st percentile

Revenue

Up

$6,200,365

Up $246,895 (+4.1%) from 2023

Expenses

Up

$6,166,514

Up $1,294,708 (+27%) from 2023

Net Income

Down

$33,851

Down $1,047,813 (-97%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

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

$30M$20M$10M$0Assets 2011: $17,696,077Liabilities 2011: $6,376,764Net Assets 2011: $11,319,3132011Assets 2012: $17,835,815Liabilities 2012: $6,063,324Net Assets 2012: $11,772,4912012Assets 2013: $18,244,828Liabilities 2013: $5,707,935Net Assets 2013: $12,536,8932013Assets 2014: $18,074,045Liabilities 2014: $5,199,233Net Assets 2014: $12,874,8122014Assets 2015: $17,629,356Liabilities 2015: $4,556,230Net Assets 2015: $13,073,1262015Assets 2016: $17,798,413Liabilities 2016: $4,174,755Net Assets 2016: $13,623,6582016Assets 2017: $17,931,585Liabilities 2017: $3,710,783Net Assets 2017: $14,220,8022017Assets 2018: $18,101,342Liabilities 2018: $3,276,843Net Assets 2018: $14,824,4992018Assets 2019: $22,798,161Liabilities 2019: $7,127,593Net Assets 2019: $15,670,5682019Assets 2020: $22,724,566Liabilities 2020: $5,864,355Net Assets 2020: $16,860,2112020Assets 2021: $22,600,313Liabilities 2021: $4,746,558Net Assets 2021: $17,853,7552021Assets 2022: $24,226,603Liabilities 2022: $4,632,531Net Assets 2022: $19,594,0722022Assets 2023: $25,968,979Liabilities 2023: $4,471,563Net Assets 2023: $21,497,4162023Assets 2024: $26,748,057Liabilities 2024: $11,900,133Net Assets 2024: $14,847,9242024

Highlighted filing

2024

Assets$26,748,057
Liabilities$11,900,133
Net Assets$14,847,924
Open 2024 Filing

Operations Trend

Revenue Growth48th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2011: $3,060,7312011Expenses 2012: $3,186,6212012Revenue 2013: $3,905,156Expenses 2013: $3,299,874Net Income 2013: $605,2822013Revenue 2014: $3,740,037Expenses 2014: $3,493,942Net Income 2014: $246,0952014Revenue 2015: $3,679,216Expenses 2015: $3,519,947Net Income 2015: $159,2692015Revenue 2016: $3,846,273Expenses 2016: $3,609,760Net Income 2016: $236,5132016Revenue 2017: $4,409,673Expenses 2017: $3,862,639Net Income 2017: $547,0342017Revenue 2018: $4,329,005Expenses 2018: $3,822,687Net Income 2018: $506,3182018Revenue 2019: $4,524,906Expenses 2019: $3,894,514Net Income 2019: $630,3922019Revenue 2020: $5,422,338Expenses 2020: $4,279,025Net Income 2020: $1,143,3132020Revenue 2021: $5,451,989Expenses 2021: $4,595,546Net Income 2021: $856,4432021Revenue 2022: $5,750,481Expenses 2022: $4,605,301Net Income 2022: $1,145,1802022Revenue 2023: $5,953,470Expenses 2023: $4,871,806Net Income 2023: $1,081,6642023Revenue 2024: $6,200,365Expenses 2024: $6,166,514Net Income 2024: $33,8512024

Highlighted filing

2024

Revenue$6,200,365
Expenses$6,166,514
Net Income$33,851
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$26,748,057
Liabilities
$11,900,133
Net assets
$14,847,924
Revenue
$6,200,365
Expenses
$6,166,514
Net income
$33,851
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.7$11.9$14.8$6.20$6.17$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.0$4.47$21.5$5.95$4.87$1.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$4.63$19.6$5.75$4.61$1.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$4.75$17.9$5.45$4.60$0.86
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.7$5.86$16.9$5.42$4.28$1.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.8$7.13$15.7$4.52$3.89$0.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$3.28$14.8$4.33$3.82$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$3.71$14.2$4.41$3.86$0.55
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$4.17$13.6$3.85$3.61$0.24
2015Detailed filing. Detailed filing data is available for this year.$17.6$4.56$13.1$3.68$3.52$0.16
2014Detailed filing. Detailed filing data is available for this year.$18.1$5.20$12.9$3.74$3.49$0.25
2013Detailed filing. Detailed filing data is available for this year.$18.2$5.71$12.5$3.91$3.30$0.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$6.06$11.8$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$6.38$11.3$3.06
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$5,787,557
Mission and Program Overview

Mission

Water supplied to members of water company

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,922,101$18,027,839▲ $105,738
Rtn Earn Endowment Incm Other Fnds$12,290,875$13,436,055▲ $1,145,180
Pd in Cap Srpls Land Bldg Eqp Fund$5,562,880$6,158,017▲ $595,137
Cash and Non-Interest-Bearing Accounts$3,045,665$3,679,655▲ $633,990
Savings and Temporary Cash Investments$65,000$1,060,000▲ $995,000
Accounts Receivable$590,833$615,130▲ $24,297
Inventories for Sale or Use$378,828$476,222▲ $97,394
Investments Other Securities$224,911$196,848▼ $28,063
Prepaid Expenses and Deferred Charges$80,993$76,486▼ $4,507
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$22,600,313$24,226,603▲ $1,626,290
Other Assets Total$291,982$94,423▼ $197,559
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,461,014$4,303,044▼ $157,970
Other Liabilities$201,800$218,900▲ $17,100
Accounts Payable and Accrued Expenses$83,744$110,587▲ $26,843
Total Liabilities$4,746,558$4,632,531▼ $114,027
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,853,755$19,594,072▲ $1,740,317
Total Liabilities and Net Assets / Fund Balance$22,600,313$24,226,603▲ $1,626,290

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$17,397,265$12,901,619$30,298,884
Land$630,574-$630,574
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark BraceGeneral Manager (eff. 11/1/22)FT$99,526$25,591$125,117
David SeacatGeneral Manager (thru 10/31/22)FT$17,432$914$18,346
Karl BenzSecretary-$5,981-$5,981
Tom RamseyPresident-$5,431-$5,431
James SchmillerVice President-$4,950-$4,950
Brian WehnemanDirector-$4,675-$4,675
Suzanne KaiserDirector-$3,850-$3,850
Richert HarbesonDirector-$3,575-$3,575

Highest Paid Contractors

ContractorServicesLocationCompensation
Utility Service CoTank ServicePO BOX 1350, Perry, GA 31069$155,042
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,602,464
Investment Income
$126,232
Other Revenue
$21,785
Change in Net Assets
$1,145,180

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,750,481
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,750,481
Total Revenue per Form 990
$5,750,481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,568,420
Salaries, Compensation, and Employee Benefits$1,036,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$930,120--$930,120
Other Salaries and Wages$467,148$157,399-$624,547
Fees for Services Other$12,744$334,526-$347,270
Interest$222,502--$222,502
Other Employee Benefits$113,125$66,269-$179,394
Current Officers, Directors, Trustees, and Key Employees$17,932$133,404-$151,336
Insurance$47,850$40,762-$88,612
Travel-$80,098-$80,098
Other Expenses$75,202--$75,202
Payroll Taxes$37,682$22,131-$59,813
All Other Expenses$1,809$55,707-$57,516
Fees for Services Accounting-$43,735-$43,735
Pension Plan Contributions$17,348$4,443-$21,791
Occupancy-$14,798-$14,798
Fees for Services Legal-$13,821-$13,821
Total Functional Expenses$3,638,208$967,093$0$4,605,301

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,605,301
Total Expenses per Audited Statements$4,605,301
Total Expenses per Form 990$4,605,301
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$218,900
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 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
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 6

“THE UTILITY HAS MEMBERS.”

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

“Members have the power to appoint the governing body.”

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

“REVIEW AT BOARD MEETING”

Form 990, Part VI, Section B, Line 15A

“The board of directions meets annually to determine the compensation of the general manager.”

Form 990, Part VI, Section C, Line 19

“Available at annual meeting and upon request”

Filing and Contact Details

Filer

Filer Name
Ramsey Water Company Inc
EIN
35-1062251
Phone
8123472551
Address
PO BOX 245, RAMSEY, IN 47166

Signing Officer

Name
Mark Brace
Title
General Manager
Phone
8123472551
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Brace
Formed
1963
Legal Domicile
In
Voting Board Members
6
Independent Board Members
0
Employees
19
Volunteers
0

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
301 E ELM STREET, NEW ALBANY, IN 47150
Preparer
Douglas York
Phone
8129455236
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Additions to contributions-in-aid of construction 595,137.”

Financial Statement Notes

PART X, LINE 2:

“The utility is exempt from federal, state, and local income taxes as a not-for-profit corporation as described under internal revenue code section 501(c)(12). The utility has also been granted exemption from indiana gross receipts tax under indiana code 6-2.1- 3-33. The utility files an informational tax return in the u.s. Federal jurisdiction and with the indiana department of revenue. However, income from certain activities not directly related to the utility's tax-exempt purpose may be subject to taxation as unrelated business income. Management does not believe that the utility has unrelated business income for each of the years ended december 31, 2022 and 2021.”

Raw XML AppendixShowing 400 of 423 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/BOYAmt083744
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0110587
IRS990/AccountsReceivableGrp/BOYAmt0590833
IRS990/AccountsReceivableGrp/EOYAmt0615130
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WATER SUPPLIED TO MEMBERS OF WATER COMPANY
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt055707
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01809
IRS990/AllOtherExpensesGrp/TotalAmt057516
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RAMSEY WATER CO
IRS990/BooksInCareOfDetail/PhoneNum08123472551
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0415 HWY 64 NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0RAMSEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047166
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt03045665
IRS990/CashNonInterestBearingGrp/EOYAmt03679655
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0133404
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt017932
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0151336
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0155042
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 1350
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PERRY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd031069
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0UTILITY SERVICE CO
IRS990/ContractorCompensationGrp/ServicesDesc0TANK SERVICE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0126232
IRS990/CYOtherExpensesAmt03568420
IRS990/CYOtherRevenueAmt021785
IRS990/CYProgramServiceRevenueAmt05602464
IRS990/CYRevenuesLessExpensesAmt01145180
IRS990/CYSalariesCompEmpBnftPaidAmt01036881
IRS990/CYTotalExpensesAmt04605301
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05750481
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0930120
IRS990/DepreciationDepletionGrp/TotalAmt0930120
IRS990/Desc0WATER SUPPLIED TO MEMBERS OF WATER COMPANY.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt03638208
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt043735
IRS990/FeesForServicesAccountingGrp/TotalAmt043735
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt013821
IRS990/FeesForServicesLegalGrp/TotalAmt013821
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0334526
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012744
IRS990/FeesForServicesOtherGrp/TotalAmt0347270
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6914
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt725591
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM RAMSEY
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES SCHMILLER
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHERT HARBESON
IRS990/Form990PartVIISectionAGrp/PersonNm3KARL BENZ
IRS990/Form990PartVIISectionAGrp/PersonNm4BRIAN WEHNEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5SUZANNE KAISER
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID SEACAT
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK BRACE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6GENERAL MANAGER (THRU 10/31/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt7GENERAL MANAGER (EFF. 11/1/22)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt05787557
IRS990/GrossRentsGrp/RealAmt021785
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt040762
IRS990/InsuranceGrp/ProgramServicesAmt047850
IRS990/InsuranceGrp/TotalAmt088612
IRS990/InterestGrp/ProgramServicesAmt0222502
IRS990/InterestGrp/TotalAmt0222502
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0378828
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0476222
IRS990/InvestmentIncomeGrp/ExclusionAmt016808
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016808
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0224911
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0196848
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012901619
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017922101
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018027839
IRS990/LandBldgEquipCostOrOtherBssAmt030929458
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt037076
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt05621931
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WATER SUPPLIED TO MEMBERS OF WATER COMPANY
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04461014
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04303044
IRS990/NetAssetsOrFundBalancesBOYAmt017853755
IRS990/NetAssetsOrFundBalancesEOYAmt019594072
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0109424
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0109424
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt021785
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt021785
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014798
IRS990/OccupancyGrp/TotalAmt014798
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0291982
IRS990/OtherAssetsTotalGrp/EOYAmt094423
IRS990/OtherChangesInNetAssetsAmt0595137
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt066269
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0113125
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0179394
IRS990/OtherExpensesGrp/Desc0PURCHASED WATER
IRS990/OtherExpensesGrp/Desc1PURCHASED POWER
IRS990/OtherExpensesGrp/Desc2MATERIALS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3CHEMICALS
IRS990/OtherExpensesGrp/ProgramServicesAmt01238106
IRS990/OtherExpensesGrp/ProgramServicesAmt1280556
IRS990/OtherExpensesGrp/ProgramServicesAmt2176084
IRS990/OtherExpensesGrp/ProgramServicesAmt375202
IRS990/OtherExpensesGrp/TotalAmt01238106
IRS990/OtherExpensesGrp/TotalAmt1280556
IRS990/OtherExpensesGrp/TotalAmt2176084
IRS990/OtherExpensesGrp/TotalAmt375202
IRS990/OtherLiabilitiesGrp/BOYAmt0201800
IRS990/OtherLiabilitiesGrp/EOYAmt0218900
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0157399
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0467148
IRS990/OtherSalariesAndWagesGrp/TotalAmt0624547
IRS990/OtherSourcesGrossIncomeAmt019126
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022131
IRS990/PayrollTaxesGrp/ProgramServicesAmt037682
IRS990/PayrollTaxesGrp/TotalAmt059813
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt05562880
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt06158017
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04443
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt017348
IRS990/PensionPlanContributionsGrp/TotalAmt021791
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080993
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt076486
IRS990/PrincipalOfficerNm0MARK BRACE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3561499
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2FORFEITED DISCOUNTS
IRS990/ProgramServiceRevenueGrp/Desc3NON UTILITY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05181989
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1404443
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213714
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05181989
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1404443
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213714
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32318
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-43367
IRS990/PYOtherExpensesAmt03619023
IRS990/PYOtherRevenueAmt0177369
IRS990/PYProgramServiceRevenueAmt05317987
IRS990/PYRevenuesLessExpensesAmt0856443
IRS990/PYSalariesCompEmpBnftPaidAmt0976523
IRS990/PYTotalExpensesAmt04595546
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05451989
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01145180
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt021785
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05733673
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt012290875
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt013436055
IRS990/SavingsAndTempCashInvstGrp/BOYAmt065000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01060000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04605301
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0630574
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0630574
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017397265
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012901619
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030298884
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0218900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05750481
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE UTILITY IS EXEMPT FROM FEDERAL, STATE, AND LOCAL INCOME TAXES AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED UNDER INTERNAL REVENUE CODE SECTION 501(C)(12). THE UTILITY HAS ALSO BEEN GRANTED EXEMPTION FROM INDIANA GROSS RECEIPTS TAX UNDER INDIANA CODE 6-2.1- 3-33. THE UTILITY FILES AN INFORMATIONAL TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE INDIANA DEPARTMENT OF REVENUE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UTILITY'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT DOES NOT BELIEVE THAT THE UTILITY HAS UNRELATED BUSINESS INCOME FOR EACH OF THE YEARS ENDED DECEMBER 31, 2022 AND 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018027839
IRS990ScheduleD/TotalExpensesPerForm990Amt04605301
IRS990ScheduleD/TotalLiabilityAmt0218900
IRS990ScheduleD/TotalRevenuePerForm990Amt05750481
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05750481
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04605301
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE UTILITY HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS HAVE THE POWER TO APPOINT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW AT BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTIONS MEETS ANNUALLY TO DETERMINE THE COMPENSATION OF THE GENERAL MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE AT ANNUAL MEETING AND UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADDITIONS TO CONTRIBUTIONS-IN-AID OF CONSTRUCTION 595,137.
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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt022600313
IRS990/TotalAssetsEOYAmt024226603
IRS990/TotalAssetsGrp/BOYAmt022600313
IRS990/TotalAssetsGrp/EOYAmt024226603
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0967093
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03638208
IRS990/TotalFunctionalExpensesGrp/TotalAmt04605301
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04746558
IRS990/TotalLiabilitiesEOYAmt04632531
IRS990/TotalLiabilitiesGrp/BOYAmt04746558
IRS990/TotalLiabilitiesGrp/EOYAmt04632531
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017853755
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt019594072
IRS990/TotalOtherCompensationAmt026505
IRS990/TotalProgramServiceExpensesAmt03638208
IRS990/TotalProgramServiceRevenueAmt05602464
IRS990/TotalReportableCompFromOrgAmt0145420
IRS990/TotalRevenueGrp/ExclusionAmt016808
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05733673
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05750481
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022600313
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024226603
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt080098
IRS990/TravelGrp/TotalAmt080098
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 245
IRS990/USAddress/CityNm0RAMSEY
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047166
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N-A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK BRACE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08123472551
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAMSEY WATER COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0RAMS

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