Civic Intelligence

Davidson Water Inc

990 • Fiscal year 2015 • EIN 56-1057522

Oct 01, 2014 to Sep 30, 2015 • Filed on Dec 14, 2015

Organization ProfileWWW.DAVIDSONWATER.COM

View Organization Page

PO Box 969Welcome, NC 27374

(336) 731-2341

Siviq Scores

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

Liabilities / Assets

2nd percentile

0.16x

Higher debt load relative to assets than 2% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

41st percentile

1.20x

Higher debt load relative to revenue than 41% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2015

Net Margin

100th percentile

27%

Higher net margin than 100% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

3rd percentile

$143,280

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2015

Asset Growth

55th percentile

3.1%

Faster asset growth than 55% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

5.8%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Up

$135,842,061

Up $4,148,361 (+3.2%) from 2014

Net Assets

Up

$114,497,379

Up $5,037,746 (+4.6%) from 2014

Liabilities

Down

$21,344,682

Down $889,385 (-4.0%) from 2014

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin100th percentile

Revenue

Up

$17,849,289

Up $982,116 (+5.8%) from 2014

Expenses

Up

$13,014,795

Up $299,474 (+2.4%) from 2014

Net Income

Up

$4,834,494

Up $682,642 (+16%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$200M$150M$100M$50M$0Assets 2011: $101,314,891Liabilities 2011: $4,894,568Net Assets 2011: $96,420,3232011Assets 2012: $117,922,259Liabilities 2012: $16,374,789Net Assets 2012: $101,547,4702012Assets 2013: $127,417,738Liabilities 2013: $22,398,855Net Assets 2013: $105,018,8832013Assets 2014: $131,693,700Liabilities 2014: $22,234,067Net Assets 2014: $109,459,6332014Assets 2015: $135,842,061Liabilities 2015: $21,344,682Net Assets 2015: $114,497,3792015Assets 2016: $141,573,521Liabilities 2016: $21,168,304Net Assets 2016: $120,405,2172016Assets 2017: $146,022,253Liabilities 2017: $21,073,546Net Assets 2017: $124,948,7072017Assets 2018: $149,651,347Liabilities 2018: $20,139,886Net Assets 2018: $129,511,4612018Assets 2019: $149,280,733Liabilities 2019: $13,010,303Net Assets 2019: $136,270,4302019Assets 2020: $144,718,209Liabilities 2020: $2,694,770Net Assets 2020: $142,023,4392020Assets 2021: $151,736,687Liabilities 2021: $1,645,356Net Assets 2021: $150,091,3312021Assets 2022: $156,115,966Liabilities 2022: $1,522,227Net Assets 2022: $154,593,7392022Assets 2023: $162,764,145Liabilities 2023: $1,874,632Net Assets 2023: $160,889,5132023Assets 2024: $171,439,990Liabilities 2024: $2,023,436Net Assets 2024: $169,416,5542024Assets 2025: $182,896,578Liabilities 2025: $2,216,365Net Assets 2025: $180,680,2132025

Highlighted filing

2015

Assets$135,842,061
Liabilities$21,344,682
Net Assets$114,497,379
Open 2015 Filing

Operations Trend

Revenue Growth89th percentile

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

$30M$20M$10M$0Revenue 2011: $15,742,565Expenses 2011: $10,343,052Net Income 2011: $5,399,5132011Revenue 2012: $15,537,130Expenses 2012: $11,068,582Net Income 2012: $4,468,5482012Expenses 2013: $12,044,5162013Revenue 2014: $16,867,173Expenses 2014: $12,715,321Net Income 2014: $4,151,8522014Revenue 2015: $17,849,289Expenses 2015: $13,014,795Net Income 2015: $4,834,4942015Revenue 2016: $18,920,910Expenses 2016: $13,347,570Net Income 2016: $5,573,3402016Revenue 2017: $18,007,311Expenses 2017: $14,357,252Net Income 2017: $3,650,0592017Revenue 2018: $19,515,166Expenses 2018: $14,773,973Net Income 2018: $4,741,1932018Revenue 2019: $19,502,314Expenses 2019: $15,548,159Net Income 2019: $3,954,1552019Revenue 2020: $20,052,231Expenses 2020: $15,875,379Net Income 2020: $4,176,8522020Revenue 2021: $21,916,629Expenses 2021: $15,885,183Net Income 2021: $6,031,4462021Revenue 2022: $18,462,382Expenses 2022: $16,959,717Net Income 2022: $1,502,6652022Revenue 2023: $21,946,834Expenses 2023: $18,702,022Net Income 2023: $3,244,8122023Revenue 2024: $25,015,303Expenses 2024: $20,172,002Net Income 2024: $4,843,3012024Revenue 2025: $27,927,249Expenses 2025: $21,454,807Net Income 2025: $6,472,4422025

Highlighted filing

2015

Revenue$17,849,289
Expenses$13,014,795
Net Income$4,834,494
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Dec 14, 2015
Return Version
2014v5.0
Gross Receipts
$35,948,765
Mission and Program Overview

Mission

Providing quality drinking water for over 50 years

PROVIDE WATER SERVICES

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$103,036,776$102,570,915▼ $465,861
Rtn Earn Endowment Incm Other Fnds$93,545,191$98,172,050▲ $4,626,859
Cap Stk Tr Prin Current Funds$15,914,442$16,325,329▲ $410,887
Investments in Publicly Traded Securities$12,051,564$15,162,288▲ $3,110,724
Savings and Temporary Cash Investments$12,946,266$13,371,566▲ $425,300
Accounts Receivable$1,686,112$1,754,659▲ $68,547
Inventories for Sale or Use$1,118,575$1,659,978▲ $541,403
Cash and Non-Interest-Bearing Accounts$135,123$664,930▲ $529,807
Investments Other Securities$516,384$460,601▼ $55,783
Other Notes and Loans Receivable, Net$157,803$150,363▼ $7,440
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$131,693,700$135,842,061▲ $4,148,361
Other Assets Total$45,097$46,761▲ $1,664
Liabilities
Mortgage Notes Payable Secured by Investment Property$20,650,904$20,147,170▼ $503,734
Other Liabilities$759,780$666,132▼ $93,648
Accounts Payable and Accrued Expenses$823,383$531,380▼ $292,003
Total Liabilities$22,234,067$21,344,682▼ $889,385
Net Assets / Fund Balance
Total Net Assets Fund Balance$109,459,633$114,497,379▲ $5,037,746
Total Liabilities and Net Assets / Fund Balance$131,693,700$135,842,061▲ $4,148,361

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$98,436,388$67,537,985$165,974,373
Equipment$1,691,801$5,318,653$7,010,454
Buildings$1,404,395$1,548,246$2,952,641
Land$1,038,331-$1,038,331
Compensation and Service Providers
Top Officer Pay3rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald B SinkCEO and General ManagerFT$116,302$26,978$143,280
Robert J WaltersVice President of Construction and EngineeringFT$103,098$30,968$134,066
Chris MichaelCFO and Vice President of AdministrationFT$109,043$21,840$130,883
Gregg StablerDirector-$9,600-$9,600
F Lee ComerBoard President-$8,400-$8,400
Danny FitzgeraldBoard Vice-president-$7,800-$7,800
Theresa L MatthewsBoard Treasurer-$7,500-$7,500
Ben HegeBoard Secretary-$7,500-$7,500
Chad B YoungDirector-$4,800-$4,800
Barbara EwingsDirector-$4,500-$4,500
Sheila PotterDirector-$4,200-$4,200
Victor K PhillipsDirector-$4,200-$4,200
Richard Lee MotsingerDirector-$4,200-$4,200
Rick S HuntDirector-$4,200-$4,200
James LouyaDirector-$3,900-$3,900
Jason GallimoreDirector-$3,600-$3,600
Jason HedgecockDirector-$3,300-$3,300
David Reid SmithDirector-$3,300-$3,300
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,092,226
Investment Income
$630,847
Other Revenue
$126,216
Change in Net Assets
$4,834,494

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,849,289
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$17,849,289
Total Revenue per Form 990
$17,849,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,609,952
Salaries, Compensation, and Employee Benefits$4,404,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$4,530,501
Comp Disqual Persons---$3,372,209
All Other Expenses---$786,614
Interest---$643,082
Other Expenses---$534,488
Other Employee Benefits---$528,996
Office Expenses---$319,410
Payroll Taxes---$268,582
Pension Plan Contributions---$235,056
Conferences and Meetings---$78,300
Fees for Service Investment Mgmnt Fees---$46,716
Fees for Services Other---$45,145
Information Technology---$41,919
Fees for Services Accounting---$19,973
Fees for Services Legal---$10,831
Total Functional Expenses$0$0$0$13,014,795

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,014,795
Total Expenses per Audited Statements$13,014,795
Total Expenses per Form 990$13,014,795
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
Accrued Liabilities$550,679
Customer Advances for Constructions$87,300
Obligation Under Interest Rate Swap$24,891
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“All customers must be members of the organization.”

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

“Some of the board of directors are members of the organization and can elect members of the governing body.”

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

“Major decisions by the board are subject to vote by the members by person or by proxy.”

Form 990, Part VI, Section B, Line 11

“The form 990 was provided to the board members for their review prior to filing.”

Form 990, Part VI, Section C, Line 19

“Officers, directors, and highly paid employees are required to disclose any conflicts of interest. They are required to sign a conflict of interest disclosure statement and update it with any changes that may occur.”

Filing and Contact Details

Filer

Filer Name
Davidson Water Inc
EIN
56-1057522
Phone
3367312341
Address
PO BOX 969, WELCOME, NC 27374

Signing Officer

Name
Ron Sink
Title
CEO & General Manager
Phone
3367315525
Signed
2015-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald B Sink
Formed
1973
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
78
Volunteers
0

Preparer

Firm
Turlington and Company Llp
Address
PO BOX 1697, LEXINGTON, NC 27293-1697
Preparer
Robert D Biesecker Jr
Phone
3362496856
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net change in membership & contributions in aid of 410,887. Construction during the year change in accumulated other comprehensive loss -207,635.”

FORM 990, PART XII, LINE 2C:

“The company's process related to the oversight of the audit of the financial statements has not changed from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“N/A”

Raw XML AppendixShowing 400 of 469 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/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CEO AND GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT OF CONSTRUCTION AND ENGINEERING
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO AND VICE PRESIDENT OF ADMINISTRATION
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt046256
IRS990/GainOrLossGrp/SecuritiesAmt0223580
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt064945
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt018304367
IRS990/GrossReceiptsAmt035948765
IRS990/GrossRentsGrp/PersonalAmt059516
IRS990/GrossRentsGrp/RealAmt066700
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt041919
IRS990/InterestGrp/TotalAmt0643082
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01118575
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01659978
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0361011
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0361011
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0516384
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0460601
IRS990/InvestmentsPubTradedSecGrp/BOYAmt012051564
IRS990/InvestmentsPubTradedSecGrp/EOYAmt015162288
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt074404884
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0103036776
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0102570915
IRS990/LandBldgEquipCostOrOtherBssAmt0176975799
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt018689
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt018080787
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt016924822
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING QUALITY DRINKING WATER FOR OVER 40 YEARS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt020650904
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt020147170
IRS990/NetAssetsOrFundBalancesBOYAmt0109459633
IRS990/NetAssetsOrFundBalancesEOYAmt0114497379
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0269836
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0269836
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt066700
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0126216
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt059516
IRS990/NetUnrelatedBusTxblIncmAmt055122
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0319410
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045097
IRS990/OtherAssetsTotalGrp/EOYAmt046761
IRS990/OtherChangesInNetAssetsAmt0203252
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0528996
IRS990/OtherExpensesGrp/Desc0INCOME TAX
IRS990/OtherExpensesGrp/Desc1EQUIPMENT AND MAINTANCE
IRS990/OtherExpensesGrp/Desc2ELECTRICITY
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt012262
IRS990/OtherExpensesGrp/TotalAmt1802824
IRS990/OtherExpensesGrp/TotalAmt2737887
IRS990/OtherExpensesGrp/TotalAmt3534488
IRS990/OtherLiabilitiesGrp/BOYAmt0759780
IRS990/OtherLiabilitiesGrp/EOYAmt0666132
IRS990/OtherSourcesGrossIncomeAmt0929766
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0157803
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0150363
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0268582
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0235056
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RONALD B SINK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1CONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc2RECONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc3SEWER COLLECTION
IRS990/ProgramServiceRevenueGrp/Desc4MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015817500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1791833
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2315489
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3120589
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt446815
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015817500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1791833
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2315489
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3120589
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt446815
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0514548
IRS990/PYOtherExpensesAmt08441427
IRS990/PYOtherRevenueAmt098643
IRS990/PYProgramServiceRevenueAmt016253982
IRS990/PYRevenuesLessExpensesAmt04151852
IRS990/PYSalariesCompEmpBnftPaidAmt04273894
IRS990/PYTotalExpensesAmt012715321
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt016867173
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04834494
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt059516
IRS990/RentalIncomeOrLossGrp/RealAmt066700
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt017795072
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt093545191
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt098172050
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012946266
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013371566
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01404395
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01548246
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02952641
IRS990ScheduleD/EquipmentGrp/BookValueAmt01691801
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05318653
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07010454
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013014795
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt03262
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01038331
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01038331
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt098436388
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt067537985
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0165974373
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0550679
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt187300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt224891
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER ADVANCES FOR CONSTRUCTIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OBLIGATION UNDER INTEREST RATE SWAP
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt017849289
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0102570915
IRS990ScheduleD/TotalExpensesPerForm990Amt013014795
IRS990ScheduleD/TotalLiabilityAmt0666132
IRS990ScheduleD/TotalRevenuePerForm990Amt017849289
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt017849289
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013014795
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL CUSTOMERS MUST BE MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOME OF THE BOARD OF DIRECTORS ARE MEMBERS OF THE ORGANIZATION AND CAN ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MAJOR DECISIONS BY THE BOARD ARE SUBJECT TO VOTE BY THE MEMBERS BY PERSON OR BY PROXY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS PROVIDED TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICERS, DIRECTORS, AND HIGHLY PAID EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. THEY ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT AND UPDATE IT WITH ANY CHANGES THAT MAY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NET CHANGE IN MEMBERSHIP & CONTRIBUTIONS IN AID OF 410,887. CONSTRUCTION DURING THE YEAR CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS -207,635.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMPANY'S PROCESS RELATED TO THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PREVIOUS YEAR.
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 A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$135,842,061
Liabilities
$21,344,682
Net assets
$114,497,379
Revenue
$17,849,289
Expenses
$13,014,795
Net income
$4,834,494
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$183$2.22$181$27.9$21.5$6.47
2024Detailed filing. Detailed filing data is available for this year.$171$2.02$169$25.0$20.2$4.84
2023Detailed filing. Detailed filing data is available for this year.$163$1.87$161$21.9$18.7$3.24
2022Detailed filing. Detailed filing data is available for this year.$156$1.52$155$18.5$17.0$1.50
2021Detailed filing. Detailed filing data is available for this year.$152$1.65$150$21.9$15.9$6.03
2020Detailed filing. Detailed filing data is available for this year.$145$2.69$142$20.1$15.9$4.18
2019Detailed filing. Detailed filing data is available for this year.$149$13.0$136$19.5$15.5$3.95
2018Detailed filing. Detailed filing data is available for this year.$150$20.1$130$19.5$14.8$4.74
2017Detailed filing. Detailed filing data is available for this year.$146$21.1$125$18.0$14.4$3.65
2016Detailed filing. Detailed filing data is available for this year.$142$21.2$120$18.9$13.3$5.57
2015Detailed filing. Detailed filing data is available for this year.$136$21.3$114$17.8$13.0$4.83
2014Detailed filing. Detailed filing data is available for this year.$132$22.2$109$16.9$12.7$4.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$127$22.4$105$12.0
2012Summary only. Only limited summary data is available for this year.$118$16.4$102$15.5$11.1$4.47
2011Summary only. Only limited summary data is available for this year.$101$4.89$96.4$15.7$10.3$5.40