Civic Intelligence

Davidson Water Inc

990 • Fiscal year 2021 • EIN 56-1057522

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 10, 2022

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

0.01x

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

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

1st percentile

0.08x

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

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Net Margin

98th percentile

28%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

6th percentile

$194,163

Higher top officer pay than 6% of similar nonprofits.

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

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Asset Growth

56th percentile

4.8%

Faster asset growth than 56% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

9.3%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$151,736,687

Up $7,018,478 (+4.8%) from 2020

Net Assets

Up

$150,091,331

Up $8,067,892 (+5.7%) from 2020

Liabilities

Down

$1,645,356

Down $1,049,414 (-39%) from 2020

Revenue And Expenses
Liabilities / Revenue1st percentileNet Margin98th percentile

Revenue

Up

$21,916,629

Up $1,864,398 (+9.3%) from 2020

Expenses

Up

$15,885,183

Up $9,804 (+0.1%) from 2020

Net Income

Up

$6,031,446

Up $1,854,594 (+44%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth56th 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

2021

Assets$151,736,687
Liabilities$1,645,356
Net Assets$150,091,331
Open 2021 Filing

Operations Trend

Revenue Growth75th 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

2021

Revenue$21,916,629
Expenses$15,885,183
Net Income$6,031,446
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 10, 2022
Return Version
2020v4.2
Gross Receipts
$25,815,884
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$112,780,426$116,614,502▲ $3,834,076
Rtn Earn Endowment Incm Other Fnds$96,764,219$102,290,793▲ $5,526,574
Cap Stk Tr Prin Current Funds$45,259,220$47,800,538▲ $2,541,318
Investments in Publicly Traded Securities$18,027,251$19,480,982▲ $1,453,731
Savings and Temporary Cash Investments$9,963,656$11,740,326▲ $1,776,670
Accounts Receivable$1,954,272$1,976,037▲ $21,765
Inventories for Sale or Use$1,644,880$1,457,175▼ $187,705
Investments Other Securities$188,317$188,764▲ $447
Cash and Non-Interest-Bearing Accounts-$124,928-
Other Notes and Loans Receivable, Net$109,000$99,824▼ $9,176
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$144,718,209$151,736,687▲ $7,018,478
Other Assets Total$50,407$54,149▲ $3,742
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,117,200--
Accounts Payable and Accrued Expenses$765,128$837,311▲ $72,183
Other Liabilities$812,442$808,045▼ $4,397
Total Liabilities$2,694,770$1,645,356▼ $1,049,414
Net Assets / Fund Balance
Total Net Assets Fund Balance$142,023,439$150,091,331▲ $8,067,892
Total Liabilities and Net Assets / Fund Balance$144,718,209$151,736,687▲ $7,018,478

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$111,627,502$93,837,617$205,465,119
Equipment$2,042,576$6,393,637$8,436,213
Buildings$927,590$2,043,799$2,971,389
Land$2,016,834-$2,016,834
Compensation and Service Providers
Top Officer Pay6th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald B SinkCEO and General ManagerFT$170,894$23,269$194,163
Robert J WaltersVice President of ConstructFT$131,466$22,757$154,223
Alison Brinkley-michaelCFOFT$74,176-$74,176
F Lee ComerBoard President-$8,900-$8,900
Ben HegeBoard Vice-president-$7,600-$7,600
Theresa L MatthewsBoard Treasurer-$7,500-$7,500
David Reid SmithBoard Secretary-$6,900-$6,900
Christopher FitzgeraldDirector-$5,800-$5,800
Howard CraverDirector-$5,400-$5,400
Victor K PhillipsDirector-$5,100-$5,100
Jason HedgecockDirector-$5,100-$5,100
Chad B YoungDirector-$4,800-$4,800
Jason GallimoreDirector-$4,800-$4,800
James LouyaDirector-$4,500-$4,500
Sheila PotterDirector-$4,500-$4,500
Revenue and Support

Revenue Composition

Contributions and Grants
$1,117,200
Program Service Revenue
$19,057,221
Investment Income
$1,595,389
Other Revenue
$146,819
All Other Contributions
$1,117,200
Change in Net Assets
$6,031,446

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,916,629
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$21,916,629
Total Revenue per Form 990
$21,916,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,527,390
Salaries, Compensation, and Employee Benefits$6,357,793
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$5,475,462
Comp Disqual Persons---$4,804,310
All Other Expenses---$946,782
Other Employee Benefits---$841,847
Other Expenses---$412,794
Payroll Taxes---$362,788
Pension Plan Contributions---$348,848
Office Expenses---$299,470
Conferences and Meetings---$80,614
Fees for Service Investment Mgmnt Fees---$63,809
Information Technology---$44,475
Fees for Services Other---$30,000
Fees for Services Legal---$23,658
Fees for Services Accounting---$17,000
Total Functional Expenses$0$0$0$15,885,183

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,885,183
Total Expenses per Audited Statements$15,885,183
Total Expenses per Form 990$15,885,183
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$808,045
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
Alison Brinkley-michael
Title
CFO
Phone
3367315525
Signed
2022-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alison Brinkley-michael
Formed
1973
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
86
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 2,541,318. Construction during the year change in accumulated other comprehensive loss -221,733. Retirement of patronage capital -283,139.”

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 483 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
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT OF CONSTRUCT
IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO
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IRS990/GrossRentsGrp/RealAmt085950
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt044475
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01644880
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01457175
IRS990/InvestmentIncomeGrp/ExclusionAmt0448042
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0448042
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0188317
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0188764
IRS990/InvestmentsPubTradedSecGrp/BOYAmt018027251
IRS990/InvestmentsPubTradedSecGrp/EOYAmt019480982
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0102275053
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0112780426
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0116614502
IRS990/LandBldgEquipCostOrOtherBssAmt0218889555
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt015093
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03884162
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt018821529
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING QUALITY DRINKING WATER FOR OVER 40 YEARS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01117200
IRS990/NetAssetsOrFundBalancesBOYAmt0142023439
IRS990/NetAssetsOrFundBalancesEOYAmt0150091331
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01147347
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01147347
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt085950
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0146819
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt060869
IRS990/NetUnrelatedBusTxblIncmAmt058372
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0299470
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt050407
IRS990/OtherAssetsTotalGrp/EOYAmt054149
IRS990/OtherChangesInNetAssetsAmt02036446
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0841847
IRS990/OtherExpensesGrp/Desc0INCOME TAX
IRS990/OtherExpensesGrp/Desc1EQUIPMENT AND MAINTANCE
IRS990/OtherExpensesGrp/Desc2ELECTRICITY
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt013761
IRS990/OtherExpensesGrp/TotalAmt11355694
IRS990/OtherExpensesGrp/TotalAmt2763871
IRS990/OtherExpensesGrp/TotalAmt3412794
IRS990/OtherLiabilitiesGrp/BOYAmt0812442
IRS990/OtherLiabilitiesGrp/EOYAmt0808045
IRS990/OtherSourcesGrossIncomeAmt03095100
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0109000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt099824
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0362788
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0348848
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ALISON BRINKLEY-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/ExclusionAmt0174812
IRS990/ProgramServiceRevenueGrp/ExclusionAmt160880
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018588080
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1233449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018588080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1233449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2174812
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt360880
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01618723
IRS990/PYOtherExpensesAmt09938968
IRS990/PYOtherRevenueAmt0145997
IRS990/PYProgramServiceRevenueAmt018287511
IRS990/PYRevenuesLessExpensesAmt04176852
IRS990/PYSalariesCompEmpBnftPaidAmt05936411
IRS990/PYTotalExpensesAmt015875379
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt020052231
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt06031446
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt060869
IRS990/RentalIncomeOrLossGrp/RealAmt085950
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt018821529
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt096764219
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0102290793
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09963656
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011740326
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0927590
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02043799
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02971389
IRS990ScheduleD/EquipmentGrp/BookValueAmt02042576
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06393637
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08436213
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt015885183
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02016834
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02016834
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0111627502
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt093837617
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0205465119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0808045
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt021916629
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0116614502
IRS990ScheduleD/TotalExpensesPerForm990Amt015885183
IRS990ScheduleD/TotalLiabilityAmt0808045
IRS990ScheduleD/TotalRevenuePerForm990Amt021916629
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt021916629
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt015885183
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0170894
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1131466
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/OtherCompensationFilingOrgAmt023269
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt122757
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RONALD B SINK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ROBERT J WALTERS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO AND GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT OF CONSTRUCT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0194163
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1154223
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.
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 2,541,318. CONSTRUCTION DURING THE YEAR CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS -221,733. RETIREMENT OF PATRONAGE CAPITAL -283,139.
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 11B

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$151,736,687
Liabilities
$1,645,356
Net assets
$150,091,331
Revenue
$21,916,629
Expenses
$15,885,183
Net income
$6,031,446
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