Civic Intelligence

Watson Water Company Inc

990 • Fiscal year 2016 • EIN 35-1125595

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

Organization ProfileWWW.WATSON-WATER.COM

View Organization Page

4106 Utica Sellersburg RoadJeffersonville, IN 47130

(812) 246-5416

Siviq Scores

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

Liabilities / Assets

71st percentile

0.51x

Higher debt load relative to assets than 71% of similar nonprofits.

2016 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

2.70x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2016

Net Margin

92nd percentile

33%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

28th percentile

$2,400

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2016 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Balance Sheet
Liabilities / Assets71st percentile

Assets

$13,860,829

No earlier filing loaded for comparison.

Net Assets

$6,790,567

No earlier filing loaded for comparison.

Liabilities

$7,070,262

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin92nd percentile

Revenue

$2,615,631

No earlier filing loaded for comparison.

Expenses

$1,755,385

No earlier filing loaded for comparison.

Net Income

$860,246

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30M$20M$10M$0Assets 2016: $13,860,829Liabilities 2016: $7,070,262Net Assets 2016: $6,790,5672016Assets 2017: $16,153,912Liabilities 2017: $9,756,633Net Assets 2017: $6,397,2792017Assets 2018: $16,952,337Liabilities 2018: $8,296,507Net Assets 2018: $8,655,8302018Assets 2019: $19,554,096Liabilities 2019: $9,055,829Net Assets 2019: $10,498,2672019Assets 2020: $20,947,052Liabilities 2020: $8,528,860Net Assets 2020: $12,418,1922020Assets 2021: $22,160,626Liabilities 2021: $8,378,175Net Assets 2021: $13,782,4512021Assets 2022: $23,644,070Liabilities 2022: $8,038,980Net Assets 2022: $15,605,0902022Assets 2023: $25,342,957Liabilities 2023: $7,716,840Net Assets 2023: $17,626,1172023Assets 2024: $27,882,058Liabilities 2024: $7,454,806Net Assets 2024: $20,427,2522024

Highlighted filing

2016

Assets$13,860,829
Liabilities$7,070,262
Net Assets$6,790,567
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $2,615,631Expenses 2016: $1,755,385Net Income 2016: $860,2462016Revenue 2017: $3,172,311Expenses 2017: $3,565,599Net Income 2017: -$393,2882017Revenue 2018: $4,317,462Expenses 2018: $2,058,912Net Income 2018: $2,258,5502018Revenue 2019: $4,014,971Expenses 2019: $2,172,534Net Income 2019: $1,842,4372019Revenue 2020: $4,253,246Expenses 2020: $2,333,321Net Income 2020: $1,919,9252020Revenue 2021: $4,087,704Expenses 2021: $2,723,445Net Income 2021: $1,364,2592021Revenue 2022: $4,477,415Expenses 2022: $2,654,776Net Income 2022: $1,822,6392022Revenue 2023: $4,838,213Expenses 2023: $2,817,186Net Income 2023: $2,021,0272023Revenue 2024: $5,935,811Expenses 2024: $3,134,676Net Income 2024: $2,801,1352024

Highlighted filing

2016

Revenue$2,615,631
Expenses$1,755,385
Net Income$860,246
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$2,633,775
Mission and Program Overview

Mission

To provide clean, potable water to the members of the corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,578,348$8,628,573▲ $1,050,225
Pd in Cap Srpls Land Bldg Eqp Fund$4,081,627$4,391,382▲ $309,755
Rtn Earn Endowment Incm Other Fnds$1,848,694$2,399,185▲ $550,491
Savings and Temporary Cash Investments$1,683,646$2,382,329▲ $698,683
Accounts Receivable$22,278$25,739▲ $3,461
Inventories for Sale or Use$33,517$20,745▼ $12,772
Prepaid Expenses and Deferred Charges$9,128$9,571▲ $443
Cash and Non-Interest-Bearing Accounts$225$225→ $0
Total Assets$9,391,338$13,860,829▲ $4,469,491
Other Assets Total$64,196$2,793,647▲ $2,729,451
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,927,195$6,036,909▲ $3,109,714
Accounts Payable and Accrued Expenses$143,273$612,722▲ $469,449
Other Liabilities$390,549$420,631▲ $30,082
Total Liabilities$3,461,017$7,070,262▲ $3,609,245
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,930,321$6,790,567▲ $860,246
Total Liabilities and Net Assets / Fund Balance$9,391,338$13,860,829▲ $4,469,491

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,064,915$4,376,954$12,441,869
Land$479,633-$479,633
Equipment$68,315$259,259$327,574
Buildings$15,710$139,608$155,318
Other Assets Org$89,879--
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleBaseTotal
Sam HuffTreasurer$2,400$2,400
Dennis HillPresident$1,500$1,500
Joshua HillmanSecretary$1,380$1,380
Andrew SettleDirector$960$960
Charles MilburnDirector$960$960
Len AshackDirector$960$960
Mark FosterDirector$960$960
Mike MyersVice Preside$960$960
Tom KingDirector$960$960
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,631,532
Investment Income
$-15,901
Other Revenue
$0
Change in Net Assets
$860,246

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,305,877
Revenue Not Reported on Financial Statements
$309,754
Revenue Not Reported on Form 990
$38
Other Revenue Adjustments
$309,754
Total Revenue per Audited Statements
$2,305,915
Total Revenue per Form 990
$2,615,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,364,757
Salaries, Compensation, and Employee Benefits$390,628
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$385,772
Fees for Services Legal---$292,195
Other Salaries and Wages---$230,382
Interest---$202,618
Other Employee Benefits---$111,468
Office Expenses---$99,829
Fees for Services Accounting---$91,673
Payroll Taxes---$29,376
Occupancy---$28,676
Insurance---$23,452
Travel---$22,666
Current Officers, Directors, Trustees, and Key Employees---$9,880
Pension Plan Contributions---$9,522
Fees for Services Other---$8,344
Other Expenses---$6,476
All Other Expenses---$6,164
Conferences and Meetings---$1,354
Total Functional Expenses$0$0$0$1,755,385

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,755,428
Expenses per Audited Statements$1,755,385
Total Expenses per Form 990$1,755,385
Expenses Not Reported on Form 990$43
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$420,631
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The membership consists of customers serviced by the utility.”

Form 990, Page 6, Part VI, Line 7A

“Members of the water utility elect the board of directors.”

Form 990, Page 6, Part VI, Line 7B

“Duties of members and the board of directors are defined in the company's rules and regulations and bylaws”

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

“Office manager reviews and president signs the return.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors review employee and officer compensation and approve changes to compensation annually”

Form 990, Page 6, Part VI, Line 15B

“The board of directors review employee and officer compensation and approve changes to compensation annually”

Form 990, Page 6, Part VI, Line 19

“Membership may request copies of governing documents at the company's main office”

Filing and Contact Details

Filer

Filer Name
Watson Water Company Inc
EIN
35-1125595
Phone
8122465416
Address
4106 UTICA SELLERSBURG ROAD, JEFFERSONVILLE, IN 47130

Signing Officer

Name
Dennis Hill
Title
President
Phone
8122465416
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Hill
Formed
1964
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
9

Preparer

Firm
Sherman Barber & Mullikin Pc
Address
210 W 3RD ST, MADISON, IN 47250-3339
Preparer
Tracy L Wyne CPA
Phone
8122655312
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“The corporation sold approximately 303,003,962 gallons of water to over 5,855 customers.”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Gain/loss depreciation expense difference. 38”

Schedule D, Page 4, Part XI, Line 4B

“TAP FEES 309,754”

Schedule D, Page 4, Part XII, Line 2D

“Gain/loss depreciation expense difference 38 rounding 5”

Raw XML Appendix377 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/BOYAmt0143273
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0612722
IRS990/AccountsReceivableGrp/BOYAmt022278
IRS990/AccountsReceivableGrp/EOYAmt025739
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE CLEAN, POTABLE WATER TO THE MEMBERS OF THE CORPORATION.
IRS990/AllOtherExpensesGrp/TotalAmt06164
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DIANNA WINTERS
IRS990/BooksInCareOfDetail/PhoneNum08122465416
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04106 UTICA SELLERSBURG RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0JEFFERSONVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047130
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0225
IRS990/CashNonInterestBearingGrp/EOYAmt0225
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt09880
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt01354
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-15901
IRS990/CYOtherExpensesAmt01364757
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02631532
IRS990/CYRevenuesLessExpensesAmt0860246
IRS990/CYSalariesCompEmpBnftPaidAmt0390628
IRS990/CYTotalExpensesAmt01755385
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02615631
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0385772
IRS990/Desc0THE CORPORATION SOLD APPROXIMATELY 303,003,962 GALLONS OF WATER TO OVER 5,855 CUSTOMERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt091673
IRS990/FeesForServicesLegalGrp/TotalAmt0292195
IRS990/FeesForServicesOtherGrp/TotalAmt08344
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES MILBURN
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDREW SETTLE
IRS990/Form990PartVIISectionAGrp/PersonNm3TOM KING
IRS990/Form990PartVIISectionAGrp/PersonNm4LEN ASHACK
IRS990/Form990PartVIISectionAGrp/PersonNm5SAM HUFF
IRS990/Form990PartVIISectionAGrp/PersonNm6DENNIS HILL
IRS990/Form990PartVIISectionAGrp/PersonNm7JOSHUA HILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8MIKE MYERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0960
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1960
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2960
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3960
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4960
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt52400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt71380
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8960
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-18144
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02633775
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt023452
IRS990/InterestGrp/TotalAmt0202618
IRS990/InventoriesForSaleOrUseGrp/BOYAmt033517
IRS990/InventoriesForSaleOrUseGrp/EOYAmt020745
IRS990/InvestmentIncomeGrp/ExclusionAmt02243
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02243
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04775821
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07578348
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08628573
IRS990/LandBldgEquipCostOrOtherBssAmt013404394
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt018144
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt02631532
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE CLEAN, POTABLE WATER TO THE MEMBERS OF THE CORPORATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02927195
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06036909
IRS990/NetAssetsOrFundBalancesBOYAmt05930321
IRS990/NetAssetsOrFundBalancesEOYAmt06790567
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-18144
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-18144
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt028676
IRS990/OfficeExpensesGrp/TotalAmt099829
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt064196
IRS990/OtherAssetsTotalGrp/EOYAmt02793647
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0111468
IRS990/OtherExpensesGrp/Desc0SUPPLIES & REPAIRS
IRS990/OtherExpensesGrp/Desc1TESTING & PERMITS
IRS990/OtherExpensesGrp/Desc2MOWING EXPENSE
IRS990/OtherExpensesGrp/Desc3LINE LOCATE FEES
IRS990/OtherExpensesGrp/TotalAmt0171875
IRS990/OtherExpensesGrp/TotalAmt113399
IRS990/OtherExpensesGrp/TotalAmt210264
IRS990/OtherExpensesGrp/TotalAmt36476
IRS990/OtherLiabilitiesGrp/BOYAmt0390549
IRS990/OtherLiabilitiesGrp/EOYAmt0420631
IRS990/OtherSalariesAndWagesGrp/TotalAmt0230382
IRS990/OtherSourcesGrossIncomeAmt02243
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt029376
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt04081627
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt04391382
IRS990/PensionPlanContributionsGrp/TotalAmt09522
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09128
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09571
IRS990/PrincipalOfficerNm0DENNIS HILL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0METERED WATER REVENE
IRS990/ProgramServiceRevenueGrp/Desc1TAP FEES & LINE EXT
IRS990/ProgramServiceRevenueGrp/Desc2OTHER OPERATING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02266831
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1309754
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt241997
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02266831
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1309754
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt241997
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312950
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE CORPORATION SOLD APPROXIMATELY 303,003,962 GALLONS OF WATER TO OVER 5,855 CUSTOMERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0-80672
IRS990/PYOtherExpensesAmt01111713
IRS990/PYProgramServiceRevenueAmt02105960
IRS990/PYRevenuesLessExpensesAmt0537638
IRS990/PYSalariesCompEmpBnftPaidAmt0375937
IRS990/PYTotalExpensesAmt01487650
IRS990/PYTotalRevenueAmt02025288
IRS990/ReconcilationRevenueExpnssAmt0860246
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01848694
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02399185
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01683646
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02382329
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt015710
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0139608
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0155318
IRS990ScheduleD/EquipmentGrp/BookValueAmt068315
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0259259
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0327574
IRS990ScheduleD/ExpensesNotReportedAmt043
IRS990ScheduleD/ExpensesSubtotalAmt01755385
IRS990ScheduleD/LandGrp/BookValueAmt0479633
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0479633
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02703768
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt189879
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CWIP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CWIP - RD
IRS990ScheduleD/OtherExpensesIncludedAmt043
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08064915
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04376954
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012441869
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0420631
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherRevenueAmt038
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0309754
IRS990ScheduleD/RevenueNotReportedAmt038
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0309754
IRS990ScheduleD/RevenueSubtotalAmt02305877
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAIN/LOSS DEPRECIATION EXPENSE DIFFERENCE. 38
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TAP FEES 309,754
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GAIN/LOSS DEPRECIATION EXPENSE DIFFERENCE 38 ROUNDING 5
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08628573
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02793647
IRS990ScheduleD/TotalExpensesPerForm990Amt01755385
IRS990ScheduleD/TotalLiabilityAmt0420631
IRS990ScheduleD/TotalRevenuePerForm990Amt02615631
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02305915
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01755428
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION SOLD APPROXIMATELY 303,003,962 GALLONS OF WATER TO OVER 5,855 CUSTOMERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP CONSISTS OF CUSTOMERS SERVICED BY THE UTILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE WATER UTILITY ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUTIES OF MEMBERS AND THE BOARD OF DIRECTORS ARE DEFINED IN THE COMPANY'S RULES AND REGULATIONS AND BYLAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE MANAGER REVIEWS AND PRESIDENT SIGNS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS REVIEW EMPLOYEE AND OFFICER COMPENSATION AND APPROVE CHANGES TO COMPENSATION ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS REVIEW EMPLOYEE AND OFFICER COMPENSATION AND APPROVE CHANGES TO COMPENSATION ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEMBERSHIP MAY REQUEST COPIES OF GOVERNING DOCUMENTS AT THE COMPANY'S MAIN OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09391338
IRS990/TotalAssetsEOYAmt013860829
IRS990/TotalAssetsGrp/BOYAmt09391338
IRS990/TotalAssetsGrp/EOYAmt013860829
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01755385
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03461017
IRS990/TotalLiabilitiesEOYAmt07070262
IRS990/TotalLiabilitiesGrp/BOYAmt03461017
IRS990/TotalLiabilitiesGrp/EOYAmt07070262
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05930321
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06790567
IRS990/TotalProgramServiceRevenueAmt02631532
IRS990/TotalReportableCompFromOrgAmt011040
IRS990/TotalRevenueGrp/ExclusionAmt02243
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02613388
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02615631
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09391338
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013860829
IRS990/TravelGrp/TotalAmt022666
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05753 LENTZIER TRACE
IRS990/USAddress/CityNm0JEFFERSONVILLE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047130
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08122465416
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATSON WATER COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0WATS
ReturnHeader/Filer/EIN0351125595
ReturnHeader/Filer/PhoneNum08122465416
ReturnHeader/Filer/USAddress/AddressLine1Txt04106 UTICA SELLERSBURG ROAD
ReturnHeader/Filer/USAddress/CityNm0JEFFERSONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047130
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09133A05BD12DE695BAF1ECC2D31FEE48F9B822CB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AC4DBA24EA2BE5743A49E2BF41F80369EDE5E034
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351900977
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHERMAN BARBER & MULLIKIN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 W 3RD ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0472503339
ReturnHeader/PreparerPersonGrp/PhoneNum08122655312
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRACY L WYNE CPA
ReturnHeader/ReturnTs02017-05-09T08:50:04-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,860,829
Liabilities
$7,070,262
Net assets
$6,790,567
Revenue
$2,615,631
Expenses
$1,755,385
Net income
$860,246
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$7.45$20.4$5.94$3.13$2.80
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.3$7.72$17.6$4.84$2.82$2.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.6$8.04$15.6$4.48$2.65$1.82
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$8.38$13.8$4.09$2.72$1.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.9$8.53$12.4$4.25$2.33$1.92
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$9.06$10.5$4.01$2.17$1.84
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.0$8.30$8.66$4.32$2.06$2.26
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$9.76$6.40$3.17$3.57$0.39
2016Detailed filing. Detailed filing data is available for this year.$13.9$7.07$6.79$2.62$1.76$0.86