Civic Intelligence

Iredell Water Corporation

EIN 56-0883544 • 501(c)12 • Statesville, NC

View Organization Page

Profile

To provide a clean, safe, healthy rural water supply to members.

PO Box 1844Statesville, NC 28687-1844

none

Siviq Scores

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

Liabilities / Assets

24th percentile

0.24x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

33rd percentile

1.07x

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

501(c)12 • $25M-$50M nonprofits • Source year 2025

Net Margin

87th percentile

29%

Higher net margin than 87% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

38th percentile

$189,874

Higher top officer pay than 38% of similar nonprofits.

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

501(c)12 • $25M-$50M nonprofits • Source year 2025

Asset Growth

63rd percentile

5.2%

Faster asset growth than 63% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

57th percentile

5.5%

Faster revenue growth than 57% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$29,605,269

Up $1,455,746 (+5.2%) from 2024

Liabilities

Down

$7,062,774

Down $475,936 (-6.3%) from 2024

Net Assets

Up

$22,542,495

Up $1,931,682 (+9.4%) from 2024

Operations
Liabilities / Revenue33rd percentileNet Margin87th percentile

Revenue

Up

$6,576,548

Up $344,875 (+5.5%) from 2024

Expenses

Up

$4,644,866

Up $446,856 (+11%) from 2024

Net Income

Down

$1,931,682

Down $101,981 (-5.0%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$30M$20M$10M$0Assets 2011: $13,234,965Liabilities 2011: $6,634,680Net Assets 2011: $6,600,2852011Assets 2012: $13,012,676Liabilities 2012: $6,020,133Net Assets 2012: $6,992,5432012Assets 2013: $12,625,906Liabilities 2013: $5,374,378Net Assets 2013: $7,251,5282013Assets 2014: $12,233,729Liabilities 2014: $4,609,998Net Assets 2014: $7,623,7312014Assets 2015: $11,875,449Liabilities 2015: $3,859,999Net Assets 2015: $8,015,4502015Assets 2016: $11,675,212Liabilities 2016: $3,199,417Net Assets 2016: $8,475,7952016Assets 2017: $11,463,330Liabilities 2017: $2,282,585Net Assets 2017: $9,180,7452017Assets 2018: $11,596,278Liabilities 2018: $1,440,424Net Assets 2018: $10,155,8542018Assets 2019: $12,016,811Liabilities 2019: $772,679Net Assets 2019: $11,244,1322019Assets 2020: $14,505,039Liabilities 2020: $2,231,215Net Assets 2020: $12,273,8242020Assets 2021: $19,180,704Liabilities 2021: $5,041,563Net Assets 2021: $14,139,1412021Assets 2022: $23,827,018Liabilities 2022: $8,425,197Net Assets 2022: $15,401,8212022Assets 2023: $26,594,400Liabilities 2023: $8,017,252Net Assets 2023: $18,577,1482023Assets 2024: $28,149,523Liabilities 2024: $7,538,710Net Assets 2024: $20,610,8132024Assets 2025: $29,605,269Liabilities 2025: $7,062,774Net Assets 2025: $22,542,4952025

Highlighted filing

2025

Assets$29,605,269
Liabilities$7,062,774
Net Assets$22,542,495
Open 2025 Filing

Operations Trend

Revenue Growth57th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2011: $2,692,086Expenses 2011: $2,321,649Net Income 2011: $370,4372011Expenses 2012: $2,331,9862012Revenue 2013: $2,693,239Expenses 2013: $2,434,714Net Income 2013: $258,5252013Revenue 2014: $2,864,158Expenses 2014: $2,492,125Net Income 2014: $372,0332014Revenue 2015: $2,939,167Expenses 2015: $2,547,448Net Income 2015: $391,7192015Revenue 2016: $3,096,994Expenses 2016: $2,636,649Net Income 2016: $460,3452016Revenue 2017: $3,202,602Expenses 2017: $2,497,652Net Income 2017: $704,9502017Revenue 2018: $3,452,631Expenses 2018: $2,477,522Net Income 2018: $975,1092018Revenue 2019: $3,688,960Expenses 2019: $2,600,682Net Income 2019: $1,088,2782019Revenue 2020: $3,990,672Expenses 2020: $2,960,980Net Income 2020: $1,029,6922020Revenue 2021: $4,847,104Expenses 2021: $2,981,787Net Income 2021: $1,865,3172021Revenue 2022: $5,447,247Expenses 2022: $4,184,718Net Income 2022: $1,262,5292022Revenue 2023: $7,283,045Expenses 2023: $4,107,718Net Income 2023: $3,175,3272023Revenue 2024: $6,231,673Expenses 2024: $4,198,010Net Income 2024: $2,033,6632024Revenue 2025: $6,576,548Expenses 2025: $4,644,866Net Income 2025: $1,931,6822025

Highlighted filing

2025

Revenue$6,576,548
Expenses$4,644,866
Net Income$1,931,682
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,605,269
Liabilities
$7,062,774
Net assets
$22,542,495
Revenue
$6,576,548
Expenses
$4,644,866
Net income
$1,931,682
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.6$7.06$22.5$6.58$4.64$1.93
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.1$7.54$20.6$6.23$4.20$2.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$8.02$18.6$7.28$4.11$3.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$8.43$15.4$5.45$4.18$1.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$5.04$14.1$4.85$2.98$1.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$2.23$12.3$3.99$2.96$1.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.77$11.2$3.69$2.60$1.09
2018Summary only. Only limited summary data is available for this year.$11.6$1.44$10.2$3.45$2.48$0.98
2017Summary only. Only limited summary data is available for this year.$11.5$2.28$9.18$3.20$2.50$0.70
2016Summary only. Only limited summary data is available for this year.$11.7$3.20$8.48$3.10$2.64$0.46
2015Summary only. Only limited summary data is available for this year.$11.9$3.86$8.02$2.94$2.55$0.39
2014Detailed filing. Detailed filing data is available for this year.$12.2$4.61$7.62$2.86$2.49$0.37
2013Detailed filing. Detailed filing data is available for this year.$12.6$5.37$7.25$2.69$2.43$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$6.02$6.99$2.33
2011Summary only. Only limited summary data is available for this year.$13.2$6.63$6.60$2.69$2.32$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 10, 2026
Return Version
2025v4.0
Gross Receipts
$6,576,548
Mission and Program Overview

Mission

To provide a clean, safe, healthy rural water supply to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$20,506,293$22,434,715▲ $1,928,422
Land, Buildings, and Equipment, Net$17,034,145$16,605,096▼ $429,049
Cash and Non-Interest-Bearing Accounts$5,818,136$7,188,359▲ $1,370,223
Investments Other Securities$4,147,330$4,681,207▲ $533,877
Accounts Receivable$307,078$339,031▲ $31,953
Inventories for Sale or Use$364,865$324,367▼ $40,498
Pd in Cap Srpls Land Bldg Eqp Fund$104,520$107,780▲ $3,260
Total Assets$28,149,523$29,605,269▲ $1,455,746
Other Assets Total$477,969$467,209▼ $10,760
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,162,670$6,686,735▼ $475,935
Other Liabilities$316,750$347,750▲ $31,000
Accounts Payable and Accrued Expenses$59,290$28,289▼ $31,001
Total Liabilities$7,538,710$7,062,774▼ $475,936
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,610,813$22,542,495▲ $1,931,682
Total Liabilities and Net Assets / Fund Balance$28,149,523$29,605,269▲ $1,455,746

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,243,234$13,685,502$29,928,736
Land$361,862-$361,862
Other Securities$4,681,207--
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary D SloanManagerFT$155,820$34,054$189,874
Curtis W MeyerVice PresidentFT$106,985$19,522$126,507
Alan L CookDirector-$1,950-$1,950
Bobby DavidsonSecretarytreasurer-$1,950-$1,950
Matt MorefieldPresident-$1,950-$1,950
Edward BissellDirectorPT$1,800-$1,800
Franklin RashDirector-$1,800-$1,800
Scotty HarrisDirector-$1,800-$1,800
Wayne SmithDirector-$1,800-$1,800
Eric PattersonDirector-$1,650-$1,650
Kent Blackwelder--$1,650-$1,650
Revenue and Support

Revenue Composition

Contributions and Grants
$85,487
Program Service Revenue
$6,009,090
Investment Income
$403,363
Other Revenue
$78,608
Change in Net Assets
$1,931,682

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,576,548
Total Revenue per Audited Statements
$6,576,548
Total Revenue per Form 990
$6,576,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,396,159
Salaries, Compensation, and Employee Benefits$1,248,707
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$614,382$321,945-$936,327
All Other Expenses$661,407$82,571-$743,978
Other Expenses$249,122$28,134-$249,122
Other Employee Benefits$108,090$132,111-$240,201
Interest$215,134--$215,134
Insurance$46,661$46,661-$93,322
Payroll Taxes$32,481$39,698-$72,179
Fees for Services Legal-$49,392-$49,392
Total Functional Expenses$3,944,354$700,512$0$4,644,866

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,644,866
Total Expenses per Audited Statements$4,644,866
Total Expenses per Form 990$4,644,866
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
Other Liabilities$347,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Each meter customer is a member at the rate of $10”

Member election for additional members Part VI line 7A

“Each year, the board of directors nominates at least three members to serve a three year term on the board. The members vote on the nominations for board members at the annual meeting.”

Governing body decisions Part VI line 7B

“Each person or family that receives water service must pay a $10 membership fee prior to service. There are 10,452 members at year end.”

Form 990 governing body review Part VI line 11

“The board members and the manager review the 990 tax return before it is signed and submitted to the irs”

Conflict of interest policy compliance Part VI line 12C

“The board monitors the conflict of interest policy monthly and annually and makes any necessary changes at that time.”

CEO executive director top management comp Part VI line 15A

“The nine member governing board reviews and determines the compensation paid to the general manager and all employees.”

Other officer or key employee compensation Part VI line 15B

“The board members set the salaries for the key employees and all employees at the beginning of each year”

Governing documents etc available to public Part VI line 19

“The board and the manager makes the financial statements, tax returns, conflict of interest policy and the governing documents available to the public upon request. The documents are kept at the office.”

Filing and Contact Details

Filer

Filer Name
Iredell Water Corporation
EIN
56-0883544
In Care Of
% GARY D SLOAN
Phone
7048760672
Address
PO BOX 1844, STATESVILLE, NC 28687-1844

Signing Officer

Name
Gary D Sloan CEO Gm
Title
Manager
Phone
7048760672
Signed
2026-02-10
Discuss with paid preparer
No

Organization Details

Principal Officer
Edward Bissell
Formed
1966
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
15

Preparer

Firm
Eddie Carrick CPA Pc
Address
151 YOUNG DRIVE, Lexington, NC 27292
Preparer
Eddie Carrick
Phone
3362492545
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Loss on sale of assets 1,566 water purchases 72,128 computer and office equipment 64,569 chemical testing 123,871 field equip 7,401 truck 98,698 training 7,215 engineering 480 directors comp 10,500 postage 35,672”

Raw XML AppendixShowing 400 of 442 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
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IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt082571
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARYTREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt046661
IRS990/InsuranceGrp/ProgramServicesAmt046661
IRS990/InsuranceGrp/TotalAmt093322
IRS990/InterestGrp/ProgramServicesAmt0215134
IRS990/InterestGrp/TotalAmt0215134
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0364865
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0324367
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0403363
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0403363
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04147330
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04681207
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013685502
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017034145
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016605096
IRS990/LandBldgEquipCostOrOtherBssAmt030290598
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt06009090
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE A CLEAN, SAFE, HEALTHY RURAL WATER SUPPLY TO MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07162670
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06686735
IRS990/NetAssetsOrFundBalancesBOYAmt020610813
IRS990/NetAssetsOrFundBalancesEOYAmt022542495
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0477969
IRS990/OtherAssetsTotalGrp/EOYAmt0467209
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0132111
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0108090
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0240201
IRS990/OtherExpensesGrp/Desc0DEPRECIATION
IRS990/OtherExpensesGrp/Desc1WELL PUMP & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3METER COSTS AND INSTALLATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028134
IRS990/OtherExpensesGrp/ProgramServicesAmt0909669
IRS990/OtherExpensesGrp/ProgramServicesAmt1506207
IRS990/OtherExpensesGrp/ProgramServicesAmt2601201
IRS990/OtherExpensesGrp/ProgramServicesAmt3249122
IRS990/OtherExpensesGrp/TotalAmt0937803
IRS990/OtherExpensesGrp/TotalAmt1506207
IRS990/OtherExpensesGrp/TotalAmt2601201
IRS990/OtherExpensesGrp/TotalAmt3249122
IRS990/OtherLiabilitiesGrp/BOYAmt0316750
IRS990/OtherLiabilitiesGrp/EOYAmt0347750
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0INCREASE IN MEMBERSHIP
IRS990/OtherRevenueMiscGrp/Desc1OPERATIONS AGREEMENT
IRS990/OtherRevenueMiscGrp/Desc2DIVIDEND AND PATRONAGE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03260
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt159000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt216348
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03260
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt159000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt216348
IRS990/OtherRevenueTotalAmt078608
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0321945
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0614382
IRS990/OtherSalariesAndWagesGrp/TotalAmt0936327
IRS990/OtherSourcesGrossIncomeAmt0564200
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt039698
IRS990/PayrollTaxesGrp/ProgramServicesAmt032481
IRS990/PayrollTaxesGrp/TotalAmt072179
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0104520
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0107780
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0EDWARD BISSELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1METERS AND RECOVERY
IRS990/ProgramServiceRevenueGrp/Desc2PENALTY FEES
IRS990/ProgramServiceRevenueGrp/Desc3DAMAGE FEES
IRS990/ProgramServiceRevenueGrp/Desc4LATE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05277266
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1542450
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt248900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt342861
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt480427
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05277266
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1542450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt248900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt342861
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt480427
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0398160
IRS990/PYOtherExpensesAmt03023020
IRS990/PYOtherRevenueAmt013154
IRS990/PYProgramServiceRevenueAmt05820359
IRS990/PYRevenuesLessExpensesAmt02033663
IRS990/PYSalariesCompEmpBnftPaidAmt01174990
IRS990/PYTotalExpensesAmt04198010
IRS990/PYTotalRevenueAmt06231673
IRS990/ReconcilationRevenueExpnssAmt01931682
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06576550
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020506293
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022434715
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt016243234
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013685502
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt029928736
IRS990ScheduleD/ExpensesSubtotalAmt04644866
IRS990ScheduleD/LandGrp/BookValueAmt0361862
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0361862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0347750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04681207
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueSubtotalAmt06576548
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016605096
IRS990ScheduleD/TotalBookValueSecuritiesAmt04681207
IRS990ScheduleD/TotalExpensesPerForm990Amt04644866
IRS990ScheduleD/TotalLiabilityAmt0347750
IRS990ScheduleD/TotalRevenuePerForm990Amt06576548
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06576548
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04644866
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155820
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount02912
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08521
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010941
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt011680
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GARY D SLOAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0189874
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH METER CUSTOMER IS A MEMBER AT THE RATE OF $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR, THE BOARD OF DIRECTORS NOMINATES AT LEAST THREE MEMBERS TO SERVE A THREE YEAR TERM ON THE BOARD. THE MEMBERS VOTE ON THE NOMINATIONS FOR BOARD MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH PERSON OR FAMILY THAT RECEIVES WATER SERVICE MUST PAY A $10 MEMBERSHIP FEE PRIOR TO SERVICE. THERE ARE 10,452 MEMBERS AT YEAR END.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MEMBERS AND THE MANAGER REVIEW THE 990 TAX RETURN BEFORE IT IS SIGNED AND SUBMITTED TO THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD MONITORS THE CONFLICT OF INTEREST POLICY MONTHLY AND ANNUALLY AND MAKES ANY NECESSARY CHANGES AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE NINE MEMBER GOVERNING BOARD REVIEWS AND DETERMINES THE COMPENSATION PAID TO THE GENERAL MANAGER AND ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD MEMBERS SET THE SALARIES FOR THE KEY EMPLOYEES AND ALL EMPLOYEES AT THE BEGINNING OF EACH YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD AND THE MANAGER MAKES THE FINANCIAL STATEMENTS, TAX RETURNS, CONFLICT OF INTEREST POLICY AND THE GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE DOCUMENTS ARE KEPT AT THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LOSS ON SALE OF ASSETS 1,566 WATER PURCHASES 72,128 COMPUTER AND OFFICE EQUIPMENT 64,569 CHEMICAL TESTING 123,871 FIELD EQUIP 7,401 TRUCK 98,698 TRAINING 7,215 ENGINEERING 480 DIRECTORS COMP 10,500 POSTAGE 35,672
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other expenses Part IX line 24e
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt029605269
IRS990/TotalAssetsGrp/BOYAmt028149523
IRS990/TotalAssetsGrp/EOYAmt029605269
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt085487
IRS990/TotalEmployeeCnt015
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0700512
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03944354
IRS990/TotalFunctionalExpensesGrp/TotalAmt04644866
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07538710
IRS990/TotalLiabilitiesEOYAmt07062774
IRS990/TotalLiabilitiesGrp/BOYAmt07538710
IRS990/TotalLiabilitiesGrp/EOYAmt07062774
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt020610813
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022542495
IRS990/TotalOtherCompensationAmt038984
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt017186
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt017186
IRS990/TotalProgramServiceExpensesAmt03944354
IRS990/TotalProgramServiceRevenueAmt06009090
IRS990/TotalReportableCompFromOrgAmt0293747
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06491061
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06576548
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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