Civic Intelligence

Davidson Water Inc

990 • Fiscal year 2020 • EIN 56-1057522

Oct 01, 2019 to Sep 30, 2020 • Filed on Feb 16, 2021

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

1st percentile

0.02x

Higher debt load relative to assets than 1% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

1st percentile

0.13x

Higher debt load relative to revenue than 1% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Net Margin

96th percentile

21%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

3rd percentile

$179,013

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Asset Growth

1st percentile

-3.1%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

2.8%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets1st percentile

Assets

Down

$144,718,209

Down $4,562,524 (-3.1%) from 2019

Net Assets

Up

$142,023,439

Up $5,753,009 (+4.2%) from 2019

Liabilities

Down

$2,694,770

Down $10,315,533 (-79%) from 2019

Revenue And Expenses
Liabilities / Revenue1st percentileNet Margin96th percentile

Revenue

Up

$20,052,231

Up $549,917 (+2.8%) from 2019

Expenses

Up

$15,875,379

Up $327,220 (+2.1%) from 2019

Net Income

Up

$4,176,852

Up $222,697 (+5.6%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st 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

2020

Assets$144,718,209
Liabilities$2,694,770
Net Assets$142,023,439
Open 2020 Filing

Operations Trend

Revenue Growth81st 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

2020

Revenue$20,052,231
Expenses$15,875,379
Net Income$4,176,852
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Feb 16, 2021
Return Version
2019v5.2
Gross Receipts
$40,133,294
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$111,023,769$112,780,426▲ $1,756,657
Rtn Earn Endowment Incm Other Fnds$92,672,841$96,764,219▲ $4,091,378
Cap Stk Tr Prin Current Funds$43,597,589$45,259,220▲ $1,661,631
Investments in Publicly Traded Securities$28,478,588$18,027,251▼ $10,451,337
Savings and Temporary Cash Investments$4,499,552$9,963,656▲ $5,464,104
Accounts Receivable$2,025,522$1,954,272▼ $71,250
Inventories for Sale or Use$1,557,682$1,644,880▲ $87,198
Cash and Non-Interest-Bearing Accounts$1,311,255--
Investments Other Securities$214,780$188,317▼ $26,463
Other Notes and Loans Receivable, Net$117,861$109,000▼ $8,861
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$149,280,733$144,718,209▼ $4,562,524
Other Assets Total$51,724$50,407▼ $1,317
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,393,115$1,117,200▼ $10,275,915
Other Liabilities$928,331$812,442▼ $115,889
Accounts Payable and Accrued Expenses$688,857$765,128▲ $76,271
Total Liabilities$13,010,303$2,694,770▼ $10,315,533
Net Assets / Fund Balance
Total Net Assets Fund Balance$136,270,430$142,023,439▲ $5,753,009
Total Liabilities and Net Assets / Fund Balance$149,280,733$144,718,209▼ $4,562,524

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$107,738,281$89,125,409$196,863,690
Equipment$2,136,960$6,068,442$8,205,402
Buildings$1,014,222$1,957,167$2,971,389
Land$1,890,963-$1,890,963
Compensation and Service Providers
Top Officer Pay3rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald B SinkCEO and General ManagerFT$156,613$22,400$179,013
Chris MichaelCFO and Vice President ofFT$130,707$20,569$151,276
Robert J WaltersVice President of ConstrucFT$146,072-$146,072
F Lee ComerBoard President-$10,800-$10,800
David Reid SmithBoard Secretary-$9,900-$9,900
Theresa L MatthewsBoard Treasurer-$9,700-$9,700
Ben HegeBoard Vice-president-$9,600-$9,600
Richard Lee MotsingerDirector-$7,000-$7,000
Howard CraverDirector-$7,000-$7,000
James LouyaDirector-$6,900-$6,900
Christopher FitzgeraldDirector-$6,800-$6,800
Sheila PotterDirector-$6,600-$6,600
Jason GallimoreDirector-$6,500-$6,500
Chad B YoungDirector-$6,400-$6,400
Victor K PhillipsDirector-$6,300-$6,300
Jason HedgecockDirector-$6,300-$6,300
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$18,287,511
Investment Income
$1,618,723
Other Revenue
$145,997
Change in Net Assets
$4,176,852

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,052,231
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$20,052,231
Total Revenue per Form 990
$20,052,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,938,968
Salaries, Compensation, and Employee Benefits$5,936,411
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$5,338,351
Comp Disqual Persons---$4,484,492
Other Employee Benefits---$850,408
All Other Expenses---$838,462
Other Expenses---$596,532
Office Expenses---$359,368
Payroll Taxes---$322,223
Pension Plan Contributions---$279,288
Interest---$179,837
Conferences and Meetings---$118,432
Fees for Service Investment Mgmnt Fees---$70,848
Information Technology---$53,735
Fees for Services Legal---$26,091
Fees for Services Other---$24,254
Fees for Services Accounting---$20,519
Total Functional Expenses$0$0$0$15,875,379

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,875,379
Total Expenses per Audited Statements$15,875,379
Total Expenses per Form 990$15,875,379
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$811,004
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Davidson water, inc. Has members.”

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

“Some of the board of directors are members of the organization and have a vote along with thousands of other members to 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 11B

“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
Chris Michael
Title
CFO & Vice President of Administrat
Phone
3367315525
Signed
2021-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Michael
Formed
1973
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
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 1,661,631. Construction during the year change in accumulated other comprehensive loss -85,474.”

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 485 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/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT OF CONSTRUC
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO AND VICE PRESIDENT OF
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IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt078665
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt021012119
IRS990/GrossReceiptsAmt040133294
IRS990/GrossRentsGrp/PersonalAmt067847
IRS990/GrossRentsGrp/RealAmt078150
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt053735
IRS990/InterestGrp/TotalAmt0179837
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01557682
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01644880
IRS990/InvestmentIncomeGrp/ExclusionAmt0609002
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0609002
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0214780
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0188317
IRS990/InvestmentsPubTradedSecGrp/BOYAmt028478588
IRS990/InvestmentsPubTradedSecGrp/EOYAmt018027251
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt097151018
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0111023769
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0112780426
IRS990/LandBldgEquipCostOrOtherBssAmt0209931444
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt024803
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt020056260
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt018109954
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING QUALITY DRINKING WATER FOR OVER 40 YEARS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt011393115
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01117200
IRS990/NetAssetsOrFundBalancesBOYAmt0136270430
IRS990/NetAssetsOrFundBalancesEOYAmt0142023439
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01009721
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01009721
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt078150
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0145997
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt067847
IRS990/NetUnrelatedBusTxblIncmAmt065176
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0359368
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt051724
IRS990/OtherAssetsTotalGrp/EOYAmt050407
IRS990/OtherChangesInNetAssetsAmt01576157
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0850408
IRS990/OtherExpensesGrp/Desc0INCOME TAX
IRS990/OtherExpensesGrp/Desc1EQUIPMENT AND MAINTANCE
IRS990/OtherExpensesGrp/Desc2ELECTRICITY
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt015358
IRS990/OtherExpensesGrp/TotalAmt11533561
IRS990/OtherExpensesGrp/TotalAmt2763620
IRS990/OtherExpensesGrp/TotalAmt3596532
IRS990/OtherLiabilitiesGrp/BOYAmt0928331
IRS990/OtherLiabilitiesGrp/EOYAmt0812442
IRS990/OtherSourcesGrossIncomeAmt01942277
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0117861
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0109000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0322223
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0279288
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRIS MICHAEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1RECONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc2SEWER COLLECTION
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0147842
IRS990/ProgramServiceRevenueGrp/ExclusionAmt129715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017916115
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1193839
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017916115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1193839
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2147842
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt329715
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01838053
IRS990/PYOtherExpensesAmt010134471
IRS990/PYOtherRevenueAmt0138218
IRS990/PYProgramServiceRevenueAmt017939303
IRS990/PYRevenuesLessExpensesAmt04367415
IRS990/PYSalariesCompEmpBnftPaidAmt05413688
IRS990/PYTotalExpensesAmt015548159
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019915574
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04176852
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt067847
IRS990/RentalIncomeOrLossGrp/RealAmt078150
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt018109954
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt092672841
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt096764219
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04499552
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09963656
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01014222
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01957167
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02971389
IRS990ScheduleD/EquipmentGrp/BookValueAmt02136960
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06068442
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08205402
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt015875379
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt01438
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01890963
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01890963
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0107738281
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt089125409
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0196863690
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0811004
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt020052231
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0112780426
IRS990ScheduleD/TotalExpensesPerForm990Amt015875379
IRS990ScheduleD/TotalLiabilityAmt0812442
IRS990ScheduleD/TotalRevenuePerForm990Amt020052231
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt020052231
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt015875379
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0156613
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1130707
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt022400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt120569
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RONALD B SINK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CHRIS MICHAEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO AND GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO AND VICE PRESIDENT OF
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179013
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1151276
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVIDSON WATER, INC. HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOME OF THE BOARD OF DIRECTORS ARE MEMBERS OF THE ORGANIZATION AND HAVE A VOTE ALONG WITH THOUSANDS OF OTHER MEMBERS TO 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.

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$144,718,209
Liabilities
$2,694,770
Net assets
$142,023,439
Revenue
$20,052,231
Expenses
$15,875,379
Net income
$4,176,852
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