Civic Intelligence

Greenwood-Creek Nation Water Co

EIN 37-1196583 • 501(c)12 • Mulkeytown, IL

Profile

To acquire, establish, develop, own, and operate a complete water supply and distribution system in order to supply water for drinking and general domestic use to its members.

3950 Market StMulkeytown, IL 62865
Siviq Scores

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

Liabilities / Assets

91st percentile

0.68x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

84th percentile

2.67x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

24th percentile

-5.5%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

85th percentile

$19,535

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

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

Asset Growth

18th percentile

-3.8%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

14th percentile

-7.8%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Down

$2,616,772

Down $94,921 (-3.5%) from 2022

Liabilities

Down

$1,783,759

Down $134,883 (-7.0%) from 2022

Net Assets

Up

$833,013

Up $39,962 (+5.0%) from 2022

Revenue

Up

$668,808

Up $149,425 (+29%) from 2022

Expenses

Up

$705,389

Up $46,901 (+7.1%) from 2022

Net Income

Up

-$36,581

Up $102,524 (+74%) from 2022

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: $2,834,628Liabilities 2010: $1,071,658Net Assets 2010: $1,762,9702010Assets 2012: $2,629,027Liabilities 2012: $911,839Net Assets 2012: $1,717,1882012Assets 2014: $2,368,332Liabilities 2014: $804,570Net Assets 2014: $1,563,7622014Assets 2015: $2,263,380Liabilities 2015: $781,132Net Assets 2015: $1,482,2482015Assets 2016: $2,869,583Liabilities 2016: $1,436,324Net Assets 2016: $1,433,2592016Assets 2017: $3,494,796Liabilities 2017: $2,122,620Net Assets 2017: $1,372,1762017Assets 2018: $3,381,592Liabilities 2018: $2,092,695Net Assets 2018: $1,288,8972018Assets 2019: $3,202,062Liabilities 2019: $2,047,797Net Assets 2019: $1,154,2652019Assets 2020: $3,064,162Liabilities 2020: $2,002,973Net Assets 2020: $1,061,1892020Assets 2021: $2,901,712Liabilities 2021: $1,949,245Net Assets 2021: $952,4672021Assets 2022: $2,711,693Liabilities 2022: $1,918,642Net Assets 2022: $793,0512022Assets 2024: $2,616,772Liabilities 2024: $1,783,759Net Assets 2024: $833,0132024

Highlighted filing

2024

Assets$2,616,772
Liabilities$1,783,759
Net Assets$833,013

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $422,5322010Expenses 2012: $418,7742012Revenue 2014: $409,531Expenses 2014: $527,850Net Income 2014: -$118,3192014Revenue 2015: $400,906Expenses 2015: $482,424Net Income 2015: -$81,5182015Revenue 2016: $450,075Expenses 2016: $499,063Net Income 2016: -$48,9882016Revenue 2017: $497,070Expenses 2017: $558,154Net Income 2017: -$61,0842017Revenue 2018: $483,838Expenses 2018: $583,871Net Income 2018: -$100,0332018Revenue 2019: $488,651Expenses 2019: $623,283Net Income 2019: -$134,6322019Revenue 2020: $531,705Expenses 2020: $624,782Net Income 2020: -$93,0772020Revenue 2021: $496,507Expenses 2021: $605,229Net Income 2021: -$108,7222021Revenue 2022: $519,383Expenses 2022: $658,488Net Income 2022: -$139,1052022Revenue 2024: $668,808Expenses 2024: $705,389Net Income 2024: -$36,5812024

Highlighted filing

2024

Revenue$668,808
Expenses$705,389
Net Income-$36,581

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$1.78$0.83$0.67$0.71$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$1.92$0.79$0.52$0.66$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$1.95$0.95$0.50$0.61$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$2.00$1.06$0.53$0.62$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.20$2.05$1.15$0.49$0.62$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.38$2.09$1.29$0.48$0.58$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$2.12$1.37$0.50$0.56$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$1.44$1.43$0.45$0.50$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.26$0.78$1.48$0.40$0.48$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.37$0.80$1.56$0.41$0.53$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.91$1.72$0.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$1.07$1.76$0.42
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 15, 2023
Return Version
2022v5.0
Gross Receipts
$519,383
Mission and Program Overview

Mission

To acquire, establish, develop, own, and operate a complete water supply and distribution system in order to supply water for drinking and general domestic use to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,381,614$2,223,915▼ $157,699
Savings and Temporary Cash Investments$288,096$259,876▼ $28,220
Investments Program Related$140,331$137,474▼ $2,857
Accounts Receivable$33,178$40,939▲ $7,761
Investments Other Securities$29,754$24,774▼ $4,980
Intangible Assets$22,737$18,187▼ $4,550
Prepaid Expenses and Deferred Charges$5,932$6,478▲ $546
Cash and Non-Interest-Bearing Accounts$70$50▼ $20
Total Assets$2,901,712$2,711,693▼ $190,019
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,913,508$1,859,277▼ $54,231
Accounts Payable and Accrued Expenses$35,737$59,365▲ $23,628
Total Liabilities$1,949,245$1,918,642▼ $30,603
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$952,467$793,051▼ $159,416
Total Net Assets Fund Balance$952,467$793,051▼ $159,416
Total Liabilities and Net Assets / Fund Balance$2,901,712$2,711,693▼ $190,019

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,204,947$3,864,515$6,069,462
Buildings$5,165$36,176$41,341
Land$13,803-$13,803
Investment Program Related Org$137,474--
Other Securities$24,774--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gayla WalkerSecretaryPT$22,518$22,518
Beth HannerTreasurerPT$16,786$16,786

Board Members and Trustees

NameTitle
Mark ValettePresident
Tim MontgomeryVice President
Bill FlattBoard Member
Carol ZettlerBoard Member
Dennis TindallBoard Member
Mary Ann RadakeBoard Member
Scott ThomasDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$510,403
Investment Income
$8,980
Other Revenue
$0
Change in Net Assets
$-139,105

Audited Revenue Reconciliation

Revenue per Audited Statements
$519,383
Revenue Not Reported on Form 990
$-20,311
Total Revenue per Audited Statements
$499,072
Total Revenue per Form 990
$519,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$478,113
Salaries, Compensation, and Employee Benefits$180,375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$162,248--$162,248
Other Salaries and Wages$119,900$41,834-$161,734
Other Expenses$109,717--$109,717
Interest$51,975--$51,975
Travel$24,114--$24,114
Payroll Taxes$9,874$3,376-$13,250
Fees for Services Accounting-$11,500-$11,500
Insurance$9,589--$9,589
Office Expenses$7,590--$7,590
Current Officers, Directors, Trustees, and Key Employees-$5,391-$5,391
All Other Expenses$4,448$311-$4,759
Total Functional Expenses$596,076$62,412$0$658,488

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$658,488
Total Expenses per Audited Statements$658,488
Total Expenses per Form 990$658,488
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Member election for additional members Part VI line 7A

Members elect officers to their original 4 year terms, but the board appoints new officers created by any mid-term vacancies.

Governing body meeting documentation Part VI line 8A

Minutes of all meetings are taken in writing.

Committee meeting documentation Part VI line 8B

No committees were formed to act on behalf of the governing body.

Form 990 governing body review Part VI line 11

The 990 was reviewed by the board at a board meeting before it was filed. The 990 is available for inspection for its officers and members.

Governing documents etc available to public Part VI line 19

Independent audited financial statements are availabe at the Companys office for public inspection

Filing and Contact Details

Filer

Filer Name
Greenwood-Creek Nation Water Co
EIN
37-1196583
Address
3950 Market St, Mulkeytown, IL 62865

Signing Officer

Name
Mark Valette
Title
President
Phone
6187244816
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1983
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
5

Preparer

Firm
Cs Professional Services LLC
Address
105 S MCLEANSBOROPO BOX 1120, Benton, IL 62812
Preparer
Christopher Scroggins
Phone
6189881040
Raw XML Appendix393 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/PayrollTaxesGrp/ManagementAndGeneralAmt03376
IRS990/PayrollTaxesGrp/ProgramServicesAmt09874
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IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Water sales
IRS990/ProgramServiceRevenueGrp/Desc1Tap on fees
IRS990/ProgramServiceRevenueGrp/Desc2Late charges
IRS990/ProgramServiceRevenueGrp/Desc3Miscellaneous
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt212779
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3367
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0485257
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112000
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IRS990ScheduleD/TotalRevenuePerForm990Amt0519383
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members elect officers to their original 4 year terms, but the board appoints new officers created by any mid-term vacancies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Minutes of all meetings are taken in writing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No committees were formed to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 was reviewed by the board at a board meeting before it was filed. The 990 is available for inspection for its officers and members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Independent audited financial statements are availabe at the Companys office for public inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0596076
IRS990/TotalFunctionalExpensesGrp/TotalAmt0658488
IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0793051
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0510403
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0519383
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02711693
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IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt024114
IRS990/TravelGrp/TotalAmt024114
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mark Valette
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06187244816
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Greenwood-Creek Nation Water Co
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0371196583
ReturnHeader/Filer/USAddress/AddressLine1Txt03950 Market St
ReturnHeader/Filer/USAddress/CityNm0Mulkeytown
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062865
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0843551489
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CS PROFESSIONAL SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0105 S MCLEANSBOROPO BOX 1120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Benton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062812
ReturnHeader/PreparerPersonGrp/PhoneNum06189881040
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christopher Scroggins
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-15T21:10:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Mark
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Valette
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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