Civic Intelligence

Wallace Water Company Incorporated

EIN 57-0601006 • 501(c)12 • Wallace, SC

Profile

RURAL WATER SERVICE

Post Office Box 37Wallace, SC 29596

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.48x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

2.63x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Net Margin

21st percentile

-8.6%

Higher net margin than 21% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-2.9%

Faster asset growth than 20% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

4.4%

Faster revenue growth than 47% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$4,232,685

Down $126,048 (-2.9%) from 2023

Liabilities

Down

$2,028,476

Down $59,788 (-2.9%) from 2023

Net Assets

Down

$2,204,209

Down $66,260 (-2.9%) from 2023

Operations
Liabilities / Revenue83rd percentileNet Margin21st percentile

Revenue

Up

$770,443

Up $32,504 (+4.4%) from 2023

Expenses

Up

$836,703

Up $71,393 (+9.3%) from 2023

Net Income

Down

-$66,260

Down $38,889 (-142%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $4,606,473Liabilities 2010: $2,843,644Net Assets 2010: $1,762,8292010Assets 2011: $4,507,213Liabilities 2011: $2,776,243Net Assets 2011: $1,730,9702011Assets 2012: $4,746,817Liabilities 2012: $2,716,217Net Assets 2012: $2,030,6002012Assets 2013: $4,724,215Liabilities 2013: $2,678,795Net Assets 2013: $2,045,4202013Assets 2014: $4,692,425Liabilities 2014: $2,637,479Net Assets 2014: $2,054,9462014Assets 2015: $4,713,470Liabilities 2015: $2,568,193Net Assets 2015: $2,145,2772015Assets 2016: $4,724,143Liabilities 2016: $2,503,713Net Assets 2016: $2,220,4302016Assets 2017: $4,737,515Liabilities 2017: $2,444,812Net Assets 2017: $2,292,7032017Assets 2018: $4,755,680Liabilities 2018: $2,399,817Net Assets 2018: $2,355,8632018Assets 2019: $4,769,098Liabilities 2019: $2,392,921Net Assets 2019: $2,376,1772019Assets 2020: $4,741,337Liabilities 2020: $2,369,259Net Assets 2020: $2,372,0782020Assets 2021: $4,642,669Liabilities 2021: $2,268,811Net Assets 2021: $2,373,8582021Assets 2022: $4,486,149Liabilities 2022: $2,188,309Net Assets 2022: $2,297,8402022Assets 2023: $4,358,733Liabilities 2023: $2,088,264Net Assets 2023: $2,270,4692023Assets 2024: $4,232,685Liabilities 2024: $2,028,476Net Assets 2024: $2,204,2092024

Highlighted filing

2024

Assets$4,232,685
Liabilities$2,028,476
Net Assets$2,204,209
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $565,6342010Expenses 2011: $538,0882011Revenue 2012: $801,881Expenses 2012: $536,242Net Income 2012: $265,6392012Revenue 2013: $581,678Expenses 2013: $566,858Net Income 2013: $14,8202013Revenue 2014: $621,989Expenses 2014: $579,943Net Income 2014: $42,0462014Revenue 2015: $660,714Expenses 2015: $570,383Net Income 2015: $90,3312015Revenue 2016: $637,645Expenses 2016: $555,703Net Income 2016: $81,9422016Revenue 2017: $626,416Expenses 2017: $554,142Net Income 2017: $72,2742017Revenue 2018: $660,379Expenses 2018: $597,220Net Income 2018: $63,1592018Revenue 2019: $665,295Expenses 2019: $644,981Net Income 2019: $20,3142019Revenue 2020: $674,420Expenses 2020: $675,966Net Income 2020: -$1,5462020Revenue 2021: $712,415Expenses 2021: $704,105Net Income 2021: $8,3102021Revenue 2022: $705,558Expenses 2022: $777,953Net Income 2022: -$72,3952022Revenue 2023: $737,939Expenses 2023: $765,310Net Income 2023: -$27,3712023Revenue 2024: $770,443Expenses 2024: $836,703Net Income 2024: -$66,2602024

Highlighted filing

2024

Revenue$770,443
Expenses$836,703
Net Income-$66,260
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,232,685
Liabilities
$2,028,476
Net assets
$2,204,209
Revenue
$770,443
Expenses
$836,703
Net income
-$66,260
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$2.03$2.20$0.77$0.84$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.36$2.09$2.27$0.74$0.77$0.03
2022Detailed filing. Detailed filing data is available for this year.$4.49$2.19$2.30$0.71$0.78$0.07
2021Detailed filing. Detailed filing data is available for this year.$4.64$2.27$2.37$0.71$0.70$0.01
2020Detailed filing. Detailed filing data is available for this year.$4.74$2.37$2.37$0.67$0.68$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.77$2.39$2.38$0.67$0.64$0.02
2018Detailed filing. Detailed filing data is available for this year.$4.76$2.40$2.36$0.66$0.60$0.06
2017Detailed filing. Detailed filing data is available for this year.$4.74$2.44$2.29$0.63$0.55$0.07
2016Detailed filing. Detailed filing data is available for this year.$4.72$2.50$2.22$0.64$0.56$0.08
2015Detailed filing. Detailed filing data is available for this year.$4.71$2.57$2.15$0.66$0.57$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.69$2.64$2.05$0.62$0.58$0.04
2013Detailed filing. Detailed filing data is available for this year.$4.72$2.68$2.05$0.58$0.57$0.01
2012Summary only. Only limited summary data is available for this year.$4.75$2.72$2.03$0.80$0.54$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$2.78$1.73$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.61$2.84$1.76$0.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.2
Gross Receipts
$784,622
Mission and Program Overview

Mission

RURAL WATER SERVICE

At Wallace Water Company Inc., we are committed to providing safe, high quality water services to our community, while maintaining a standard of excellence in customer service and environmental conservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,421,239$3,304,621▼ $116,618
Rtn Earn Endowment Incm Other Fnds$2,262,654$2,204,209▼ $58,445
Cash and Non-Interest-Bearing Accounts$478,779$530,113▲ $51,334
Savings and Temporary Cash Investments$336,446$263,352▼ $73,094
Accounts Receivable$119,298$131,720▲ $12,422
Cap Stk Tr Prin Current Funds$7,815$0▼ $7,815
Prepaid Expenses and Deferred Charges$1,971$1,879▼ $92
Total Assets$4,358,733$4,232,685▼ $126,048
Other Assets Total$1,000$1,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,962,331$1,890,324▼ $72,007
Accounts Payable and Accrued Expenses$125,933$138,152▲ $12,219
Total Liabilities$2,088,264$2,028,476▼ $59,788
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,270,469$2,204,209▼ $66,260
Total Liabilities and Net Assets / Fund Balance$4,358,733$4,232,685▼ $126,048

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,165,003$2,803,586$5,968,589
Equipment$72,664$155,641$228,305
Other Land Buildings$31,188$148,617$179,805
Land$35,766-$35,766
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Maxine KnightTreasurer-$29,660$29,660
Jeremy SteenPresidentPT$23,959$23,959
Cecil KimeryDirector-$1,400$1,400
Charles DeaverDirector-$1,400$1,400
Frank WilliamsDirector-$1,400$1,400
Jennifer SportsDirector-$1,400$1,400
Jimmy GrissomDirector-$1,400$1,400
John Frank BennettDirector-$1,400$1,400
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$767,788
Investment Income
$2,655
Other Revenue
$0
Change in Net Assets
$-66,260

Audited Revenue Reconciliation

Revenue per Audited Statements
$770,443
Total Revenue per Audited Statements
$770,443
Total Revenue per Form 990
$770,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$618,545
Salaries, Compensation, and Employee Benefits$218,158
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$0$0$0$188,028
Depreciation Depletion$0$0$0$147,614
Other Salaries and Wages$0$0$0$140,073
Interest$0$0$0$87,033
Current Officers, Directors, Trustees, and Key Employees$0$0$0$62,019
Occupancy$0$0$0$52,782
Travel$0$0$0$36,282
Insurance$0$0$0$25,134
Fees for Services Accounting$0$0$0$18,549
Other Expenses$0$0$0$16,696
Payroll Taxes$0$0$0$16,066
Office Expenses$0$0$0$6,618
Total Functional Expenses$0$0$0$836,703

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$836,703
Total Expenses per Audited Statements$836,703
Total Expenses per Form 990$836,703
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Filing and Contact Details

Filer

Filer Name
Wallace Water Company Incorporated
EIN
57-0601006
Phone
8435376160
Address
POST OFFICE BOX 37, WALLACE, SC 29596

Signing Officer

Name
Jeremy D Steen
Title
President
Phone
8435376160
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy D Steen
Formed
1972
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
6
Employees
9
Volunteers
8

Preparer

Firm
Marvin K Odom CPA Pa
Address
400 W CAROLINA AVE, HARTSVILLE, SC 29550
Preparer
Marvin K Odom CPAPFS
Phone
8433324121
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The organization is comprised of voting members.”

Pt VI, Line 7A

“Members of the governing body are voted upon by the organizations members.”

Pt VI, Line 7B

“Decisons and oversight of the governing body are subject to approval by the organizations voting members.”

Pt VI, Line 11B

“Form 990 is reviewed and voted on at the regularly scheduled board meeting prior to filing date.”

Form 990, Part IX, Line 24E

“COMPUTER SUPPLIES 4052.”

Form 990, Part IX, Line 24E

“Dues & subscriptions 2588.”

Form 990, Part IX, Line 24E

“GIFTS 7560.”

Form 990, Part IX, Line 24E

“MISCELLANEOUS 6047.”

Form 990, Part IX, Line 24E

“Operating supplies 10452.”

Form 990, Part IX, Line 24E

“PEST CONTROL 412.”

Form 990, Part IX, Line 24E

“POSTAGE & DELIVERY 8329.”

Form 990, Part IX, Line 24E

“Repairs & maintenance 122112.”

Form 990, Part IX, Line 24E

“TAXES & LICENSES 169.”

Form 990, Part IX, Line 24E

“UNIFORMS 6972.”

Form 990, Part IX, Line 24E

“WATER PURCHASED 19335.”

Raw XML AppendixShowing 400 of 412 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/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2995
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2995
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt052782
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt06618
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01000
IRS990/OtherAssetsTotalGrp/EOYAmt01000
IRS990/OtherExpensesGrp/Desc0BANK CHARGES
IRS990/OtherExpensesGrp/Desc1BILLING SERVICES
IRS990/OtherExpensesGrp/Desc2CHEMICALS
IRS990/OtherExpensesGrp/Desc3DHEC WATER TESTING
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt01229
IRS990/OtherExpensesGrp/TotalAmt114189
IRS990/OtherExpensesGrp/TotalAmt224391
IRS990/OtherExpensesGrp/TotalAmt316696
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0140073
IRS990/OtherSourcesGrossIncomeAmt00
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt016066
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01971
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01879
IRS990/PrincipalOfficerNm0JEREMY D STEEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0767788
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt05023
IRS990/PYOtherExpensesAmt0558142
IRS990/PYProgramServiceRevenueAmt0732916
IRS990/PYRevenuesLessExpensesAmt0-27371
IRS990/PYSalariesCompEmpBnftPaidAmt0207168
IRS990/PYTotalExpensesAmt0765310
IRS990/PYTotalRevenueAmt0737939
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-66260
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02262654
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02204209
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0336446
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0263352
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03165003
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02803586
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05968589
IRS990ScheduleD/EquipmentGrp/BookValueAmt072664
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0155641
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0228305
IRS990ScheduleD/ExpensesSubtotalAmt0836703
IRS990ScheduleD/LandGrp/BookValueAmt035766
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt035766
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt031188
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0148617
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0179805
IRS990ScheduleD/RevenueSubtotalAmt0770443
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03304621
IRS990ScheduleD/TotalExpensesPerForm990Amt0836703
IRS990ScheduleD/TotalRevenuePerForm990Amt0770443
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0770443
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0836703
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization is comprised of voting members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the governing body are voted upon by the organizations members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Decisons and oversight of the governing body are subject to approval by the organizations voting members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is reviewed and voted on at the regularly scheduled board meeting prior to filing date.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPUTER SUPPLIES 4052.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES & SUBSCRIPTIONS 2588.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GIFTS 7560.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISCELLANEOUS 6047.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OPERATING SUPPLIES 10452.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PEST CONTROL 412.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10POSTAGE & DELIVERY 8329.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11REPAIRS & MAINTENANCE 122112.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TAXES & LICENSES 169.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13UNIFORMS 6972.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14WATER PURCHASED 19335.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04358733
IRS990/TotalAssetsEOYAmt04232685
IRS990/TotalAssetsGrp/BOYAmt04358733
IRS990/TotalAssetsGrp/EOYAmt04232685
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0836703
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02088264
IRS990/TotalLiabilitiesEOYAmt02028476
IRS990/TotalLiabilitiesGrp/BOYAmt02088264
IRS990/TotalLiabilitiesGrp/EOYAmt02028476
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02270469
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02204209
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0767788
IRS990/TotalReportableCompFromOrgAmt062019
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0770443
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0770443
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04358733
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04232685
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt036282
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04124 HIGHWAY 177
IRS990/USAddress/CityNm0WALLACE
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029596
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0https://wallacewater.myruralwater.com/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEREMY D STEEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08435376160
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALLACE WATER COMPANY INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0WALL
ReturnHeader/Filer/EIN0570601006
ReturnHeader/Filer/PhoneNum08435376160
ReturnHeader/Filer/USAddress/AddressLine1Txt0POST OFFICE BOX 37
ReturnHeader/Filer/USAddress/CityNm0WALLACE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029596
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371461992
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARVIN K ODOM CPA PA

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