Civic Intelligence

Davidson Water Inc

990 • Fiscal year 2022 • EIN 56-1057522

Oct 01, 2021 to Sep 30, 2022 • Filed on Jan 09, 2023

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.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

1st percentile

0.08x

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

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Net Margin

89th percentile

8.1%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

8th percentile

$205,965

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Asset Growth

27th percentile

2.9%

Faster asset growth than 27% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-16%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$156,115,966

Up $4,379,279 (+2.9%) from 2021

Net Assets

Up

$154,593,739

Up $4,502,408 (+3.0%) from 2021

Liabilities

Down

$1,522,227

Down $123,129 (-7.5%) from 2021

Revenue And Expenses
Liabilities / Revenue1st percentileNet Margin89th percentile

Revenue

Down

$18,462,382

Down $3,454,247 (-16%) from 2021

Expenses

Up

$16,959,717

Up $1,074,534 (+6.8%) from 2021

Net Income

Down

$1,502,665

Down $4,528,781 (-75%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth27th 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

2022

Assets$156,115,966
Liabilities$1,522,227
Net Assets$154,593,739
Open 2022 Filing

Operations Trend

Revenue Growth1st 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

2022

Revenue$18,462,382
Expenses$16,959,717
Net Income$1,502,665
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jan 9, 2023
Return Version
2021v4.2
Gross Receipts
$32,554,888
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$116,614,502$120,414,865▲ $3,800,363
Rtn Earn Endowment Incm Other Fnds$102,290,793$103,184,080▲ $893,287
Cap Stk Tr Prin Current Funds$47,800,538$51,409,659▲ $3,609,121
Investments in Publicly Traded Securities$19,480,982$22,525,842▲ $3,044,860
Savings and Temporary Cash Investments$11,740,326$7,962,095▼ $3,778,231
Inventories for Sale or Use$1,457,175$2,288,511▲ $831,336
Accounts Receivable$1,976,037$1,967,577▼ $8,460
Cash and Non-Interest-Bearing Accounts$124,928$642,531▲ $517,603
Investments Other Securities$188,764$169,409▼ $19,355
Other Notes and Loans Receivable, Net$99,824$90,326▼ $9,498
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$151,736,687$156,115,966▲ $4,379,279
Other Assets Total$54,149$54,810▲ $661
Liabilities
Accounts Payable and Accrued Expenses$837,311$789,411▼ $47,900
Other Liabilities$808,045$732,816▼ $75,229
Total Liabilities$1,645,356$1,522,227▼ $123,129
Net Assets / Fund Balance
Total Net Assets Fund Balance$150,091,331$154,593,739▲ $4,502,408
Total Liabilities and Net Assets / Fund Balance$151,736,687$156,115,966▲ $4,379,279

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$115,882,388$98,857,336$214,739,724
Equipment$1,815,931$6,716,983$8,532,914
Buildings$836,283$2,050,106$2,886,389
Land$1,880,263-$1,880,263
Compensation and Service Providers
Top Officer Pay8th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald B SinkCEO and General ManagerFT$181,376$24,589$205,965
Robert J WaltersVice President of ConstrucFT$147,961$22,286$170,247
Eric HegeCIOFT$132,540-$132,540
Alison Brinkley-michaelCFOFT$82,019-$82,019
F Lee ComerBoard President-$9,000-$9,000
Theresa L MatthewsBoard Treasurer-$8,100-$8,100
Ben HegeBoard Vice-president-$8,100-$8,100
David Reid SmithBoard Secretary-$7,800-$7,800
Sheila PotterDirector-$5,700-$5,700
Christopher FitzgeraldDirector-$5,200-$5,200
James LouyaDirector-$5,100-$5,100
Jason GallimoreDirector-$5,100-$5,100
Victor K PhillipsDirector-$5,100-$5,100
Howard CraverDirector-$4,600-$4,600
Chad B YoungDirector-$4,500-$4,500
Jason HedgecockDirector-$4,300-$4,300
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,977,834
Investment Income
$-1,641,637
Other Revenue
$126,185
Change in Net Assets
$1,502,665

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,462,382
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$18,462,382
Total Revenue per Form 990
$18,462,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,202,829
Salaries, Compensation, and Employee Benefits$6,756,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$5,618,130
Comp Disqual Persons---$5,082,418
All Other Expenses---$1,014,296
Other Employee Benefits---$932,474
Other Expenses---$776,337
Office Expenses---$561,193
Payroll Taxes---$375,353
Pension Plan Contributions---$366,643
Conferences and Meetings---$77,570
Fees for Service Investment Mgmnt Fees---$64,771
Information Technology---$48,087
Fees for Services Other---$21,759
Fees for Services Accounting---$20,911
Fees for Services Legal---$17,729
Total Functional Expenses$0$0$0$16,959,717

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,959,717
Total Expenses per Audited Statements$16,959,717
Total Expenses per Form 990$16,959,717
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$732,816
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
Ronald B Sink
Title
CEO and General Manager
Phone
3367315525
Signed
2023-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald B Sink
Formed
1973
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
89
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 3,609,121. Construction during the year change in accumulated other comprehensive loss -530,891. Retirement of patronage capital retirement of patronage capital -78,487.”

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 488 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
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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/TitleTxt13VICE PRESIDENT OF CONSTRUC
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IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0455966
IRS990/GainOrLossGrp/SecuritiesAmt0-2770324
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0630419
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt011147729
IRS990/GrossReceiptsAmt032554888
IRS990/GrossRentsGrp/PersonalAmt062785
IRS990/GrossRentsGrp/RealAmt063400
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt048087
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01457175
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02288511
IRS990/InvestmentIncomeGrp/ExclusionAmt0672721
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0672721
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0188764
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0169409
IRS990/InvestmentsPubTradedSecGrp/BOYAmt019480982
IRS990/InvestmentsPubTradedSecGrp/EOYAmt022525842
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0107624425
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0116614502
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0120414865
IRS990/LandBldgEquipCostOrOtherBssAmt0228039290
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0174453
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt013918053
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt019741432
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING QUALITY DRINKING WATER FOR OVER 40 YEARS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0150091331
IRS990/NetAssetsOrFundBalancesEOYAmt0154593739
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2314358
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2314358
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt063400
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0126185
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt062785
IRS990/NetUnrelatedBusTxblIncmAmt060240
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0561193
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt054149
IRS990/OtherAssetsTotalGrp/EOYAmt054810
IRS990/OtherChangesInNetAssetsAmt02999743
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0932474
IRS990/OtherExpensesGrp/Desc0INCOME TAX
IRS990/OtherExpensesGrp/Desc1EQUIPMENT AND MAINTANCE
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3ELECTRICITY
IRS990/OtherExpensesGrp/TotalAmt014200
IRS990/OtherExpensesGrp/TotalAmt11090555
IRS990/OtherExpensesGrp/TotalAmt2877291
IRS990/OtherExpensesGrp/TotalAmt3776337
IRS990/OtherLiabilitiesGrp/BOYAmt0808045
IRS990/OtherLiabilitiesGrp/EOYAmt0732816
IRS990/OtherSourcesGrossIncomeAmt0-1279050
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt099824
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt090326
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0375353
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0366643
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/Desc1RECONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc2SEWER COLLECTION
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0206583
IRS990/ProgramServiceRevenueGrp/ExclusionAmt129819
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019502556
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1238876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019502556
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1238876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2206583
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt329819
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01117200
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01595389
IRS990/PYOtherExpensesAmt09527390
IRS990/PYOtherRevenueAmt0146819
IRS990/PYProgramServiceRevenueAmt019057221
IRS990/PYRevenuesLessExpensesAmt06031446
IRS990/PYSalariesCompEmpBnftPaidAmt06357793
IRS990/PYTotalExpensesAmt015885183
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt021916629
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01502665
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt062785
IRS990/RentalIncomeOrLossGrp/RealAmt063400
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019741432
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0102290793
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0103184080
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011740326
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07962095
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0836283
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02050106
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02886389
IRS990ScheduleD/EquipmentGrp/BookValueAmt01815931
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06716983
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08532914
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt016959717
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01880263
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01880263
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0115882388
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt098857336
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0214739724
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0732816
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt018462382
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0120414865
IRS990ScheduleD/TotalExpensesPerForm990Amt016959717
IRS990ScheduleD/TotalLiabilityAmt0732816
IRS990ScheduleD/TotalRevenuePerForm990Amt018462382
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018462382
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016959717
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0181376
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1147961
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/OtherCompensationFilingOrgAmt024589
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt122286
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 CONSTRUC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0205965
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1170247
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.

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$156,115,966
Liabilities
$1,522,227
Net assets
$154,593,739
Revenue
$18,462,382
Expenses
$16,959,717
Net income
$1,502,665
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