Civic Intelligence

Davidson Water Inc

990 • Fiscal year 2016 • EIN 56-1057522

Oct 01, 2015 to Sep 30, 2016 • Filed on Nov 08, 2016

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

0.15x

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

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

31st percentile

1.12x

Higher debt load relative to revenue than 31% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Net Margin

99th percentile

29%

Higher net margin than 99% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

4th percentile

$143,395

Higher top officer pay than 4% of similar nonprofits.

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

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Asset Growth

60th percentile

4.2%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

80th percentile

6.0%

Faster revenue growth than 80% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Up

$141,573,521

Up $5,731,460 (+4.2%) from 2015

Net Assets

Up

$120,405,217

Up $5,907,838 (+5.2%) from 2015

Liabilities

Down

$21,168,304

Down $176,378 (-0.8%) from 2015

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin99th percentile

Revenue

Up

$18,920,910

Up $1,071,621 (+6.0%) from 2015

Expenses

Up

$13,347,570

Up $332,775 (+2.6%) from 2015

Net Income

Up

$5,573,340

Up $738,846 (+15%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth60th 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

2016

Assets$141,573,521
Liabilities$21,168,304
Net Assets$120,405,217
Open 2016 Filing

Operations Trend

Revenue Growth80th 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

2016

Revenue$18,920,910
Expenses$13,347,570
Net Income$5,573,340
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Nov 8, 2016
Return Version
2015v2.1
Gross Receipts
$52,871,892
Mission and Program Overview

Mission

Providing quality drinking water for over 50 years

PROVIDE WATER SERVICES

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$98,172,050$103,653,902▲ $5,481,852
Land, Buildings, and Equipment, Net$102,570,915$103,576,036▲ $1,005,121
Investments in Publicly Traded Securities$20,429,888$25,685,932▲ $5,256,044
Cap Stk Tr Prin Current Funds$16,325,329$16,751,315▲ $425,986
Savings and Temporary Cash Investments$7,665,126$7,074,182▼ $590,944
Accounts Receivable$1,754,659$1,821,664▲ $67,005
Inventories for Sale or Use$1,659,978$1,633,075▼ $26,903
Cash and Non-Interest-Bearing Accounts$1,103,770$1,192,070▲ $88,300
Investments Other Securities$460,601$405,148▼ $55,453
Other Notes and Loans Receivable, Net$150,363$142,658▼ $7,705
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$135,842,061$141,573,521▲ $5,731,460
Other Assets Total$46,761$42,756▼ $4,005
Liabilities
Mortgage Notes Payable Secured by Investment Property$20,147,170$19,635,433▼ $511,737
Accounts Payable and Accrued Expenses$531,380$854,467▲ $323,087
Other Liabilities$666,132$678,404▲ $12,272
Total Liabilities$21,344,682$21,168,304▼ $176,378
Net Assets / Fund Balance
Total Net Assets Fund Balance$114,497,379$120,405,217▲ $5,907,838
Total Liabilities and Net Assets / Fund Balance$135,842,061$141,573,521▲ $5,731,460

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$98,712,990$71,609,208$170,322,198
Equipment$1,970,092$5,200,721$7,170,813
Buildings$1,331,205$1,635,277$2,966,482
Land$1,561,749-$1,561,749
Compensation and Service Providers
Top Officer Pay4th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald B SinkCEO and General ManagerFT$123,801$19,594$143,395
Chris MichaelCFO and Vice President ofFT$108,918$17,812$126,730
Robert J WaltersVice President of ConstrucFT$104,689$19,258$123,947
F Lee ComerBoard President-$8,400-$8,400
Ben HegeBoard Secretary-$8,100-$8,100
Danny FitzgeraldBoard Vice-president-$7,800-$7,800
Gregg StablerDirector-$6,300-$6,300
Theresa L MatthewsBoard Treasurer-$5,700-$5,700
Barbara EwingsDirector-$4,500-$4,500
James LouyaDirector-$4,200-$4,200
Victor K PhillipsDirector-$4,200-$4,200
Chad B YoungDirector-$4,200-$4,200
Sheila PotterDirector-$4,200-$4,200
Jason GallimoreDirector-$3,900-$3,900
Richard Lee MotsingerDirector-$3,900-$3,900
David Reid SmithDirector-$3,900-$3,900
Jason HedgecockDirector-$3,900-$3,900

Board Members and Trustees

NameTitle
Howard CraverDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,434,561
Investment Income
$1,363,937
Other Revenue
$122,412
Change in Net Assets
$5,573,340

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,920,910
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$18,920,910
Total Revenue per Form 990
$18,920,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,652,185
Salaries, Compensation, and Employee Benefits$4,695,385
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$4,624,130
Comp Disqual Persons---$3,564,676
All Other Expenses---$819,244
Interest---$628,196
Other Employee Benefits---$623,505
Other Expenses---$596,471
Office Expenses---$320,084
Payroll Taxes---$269,367
Pension Plan Contributions---$237,837
Conferences and Meetings---$78,300
Fees for Service Investment Mgmnt Fees---$58,788
Information Technology---$49,519
Fees for Services Other---$21,310
Fees for Services Accounting---$16,250
Fees for Services Legal---$13,571
Total Functional Expenses$0$0$0$13,347,570

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,347,570
Total Expenses per Audited Statements$13,347,570
Total Expenses per Form 990$13,347,570
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$596,950
Customer Advances for Constructions$71,550
Obligation Under Interest Rate Swap$9,904
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
Ronald B Sink
Title
CEO & General Manager
Phone
3367315525
Signed
2016-11-08
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
83
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 425,986. Construction during the year change in accumulated other comprehensive loss -91,488.”

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 464 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 CONSTRUC
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO AND VICE PRESIDENT OF
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt022996
IRS990/GainOrLossGrp/SecuritiesAmt0929162
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt039670
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt034863470
IRS990/GrossReceiptsAmt052871892
IRS990/GrossRentsGrp/PersonalAmt052512
IRS990/GrossRentsGrp/RealAmt069900
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt049519
IRS990/InterestGrp/TotalAmt0628196
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01659978
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01633075
IRS990/InvestmentIncomeGrp/ExclusionAmt0411779
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0411779
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0460601
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0405148
IRS990/InvestmentsPubTradedSecGrp/BOYAmt020429888
IRS990/InvestmentsPubTradedSecGrp/EOYAmt025685932
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt078445206
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0102570915
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0103576036
IRS990/LandBldgEquipCostOrOtherBssAmt0182021242
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt016674
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt033934308
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt017266445
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING QUALITY DRINKING WATER FOR OVER 40 YEARS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt020147170
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt019635433
IRS990/NetAssetsOrFundBalancesBOYAmt0114497379
IRS990/NetAssetsOrFundBalancesEOYAmt0120405217
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0952158
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0952158
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt069900
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0122412
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt052512
IRS990/NetUnrelatedBusTxblIncmAmt048936
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0320084
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt046761
IRS990/OtherAssetsTotalGrp/EOYAmt042756
IRS990/OtherChangesInNetAssetsAmt0334498
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0623505
IRS990/OtherExpensesGrp/Desc0INCOME TAX
IRS990/OtherExpensesGrp/Desc1ELECTRICITY
IRS990/OtherExpensesGrp/Desc2EQUIPMENT AND MAINTANCE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt09916
IRS990/OtherExpensesGrp/TotalAmt1792152
IRS990/OtherExpensesGrp/TotalAmt2624254
IRS990/OtherExpensesGrp/TotalAmt3596471
IRS990/OtherLiabilitiesGrp/BOYAmt0666132
IRS990/OtherLiabilitiesGrp/EOYAmt0678404
IRS990/OtherSourcesGrossIncomeAmt01654465
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0150363
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0142658
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0269367
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0237837
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RONALD B SINK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1CONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc2RECONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0168116
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015883880
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11077441
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2305124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015883880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11077441
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2305124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3168116
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0630847
IRS990/PYOtherExpensesAmt08609952
IRS990/PYOtherRevenueAmt0126216
IRS990/PYProgramServiceRevenueAmt017092226
IRS990/PYRevenuesLessExpensesAmt04834494
IRS990/PYSalariesCompEmpBnftPaidAmt04404843
IRS990/PYTotalExpensesAmt013014795
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017849289
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05573340
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt052512
IRS990/RentalIncomeOrLossGrp/RealAmt069900
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt017266445
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt098172050
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0103653902
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07665126
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07074182
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01331205
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01635277
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02966482
IRS990ScheduleD/EquipmentGrp/BookValueAmt01970092
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05200721
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07170813
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013347570
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01561749
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01561749
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt098712990
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt071609208
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0170322198
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0596950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt171550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt29904
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER ADVANCES FOR CONSTRUCTIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OBLIGATION UNDER INTEREST RATE SWAP
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt018920910
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0103576036
IRS990ScheduleD/TotalExpensesPerForm990Amt013347570
IRS990ScheduleD/TotalLiabilityAmt0678404
IRS990ScheduleD/TotalRevenuePerForm990Amt018920910
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018920910
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013347570
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 425,986. CONSTRUCTION DURING THE YEAR CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS -91,488.
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
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$141,573,521
Liabilities
$21,168,304
Net assets
$120,405,217
Revenue
$18,920,910
Expenses
$13,347,570
Net income
$5,573,340
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