Civic Intelligence

Bucksport Water System Inc

990 • Fiscal year 2017 • EIN 57-0809787

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

P O Box 1032Conway, SC 29528-1032

(843) 248-3195

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.47x

Higher debt load relative to assets than 68% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

2.14x

Higher debt load relative to revenue than 67% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Net Margin

90th percentile

24%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$89,741

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Asset Growth

75th percentile

5.5%

Faster asset growth than 75% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

90th percentile

23%

Faster revenue growth than 90% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$11,117,510

Up $584,410 (+5.5%) from 2016

Net Assets

Up

$5,859,523

Up $569,098 (+11%) from 2016

Liabilities

Up

$5,257,987

Up $15,312 (+0.3%) from 2016

Revenue

Up

$2,458,684

Up $465,731 (+23%) from 2016

Expenses

Up

$1,857,226

Up $52,379 (+2.9%) from 2016

Net Income

Up

$601,458

Up $413,352 (+220%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $7,639,550Liabilities 2010: $2,291,399Net Assets 2010: $5,348,1512010Assets 2011: $7,581,596Liabilities 2011: $2,166,204Net Assets 2011: $5,415,3922011Assets 2012: $7,531,178Liabilities 2012: $2,114,021Net Assets 2012: $5,417,1572012Assets 2013: $7,759,389Liabilities 2013: $2,216,317Net Assets 2013: $5,543,0722013Assets 2014: $9,167,129Liabilities 2014: $3,513,831Net Assets 2014: $5,653,2982014Assets 2015: $10,280,259Liabilities 2015: $5,207,468Net Assets 2015: $5,072,7912015Assets 2016: $10,533,100Liabilities 2016: $5,242,675Net Assets 2016: $5,290,4252016Assets 2017: $11,117,510Liabilities 2017: $5,257,987Net Assets 2017: $5,859,5232017Assets 2018: $11,163,494Liabilities 2018: $5,082,056Net Assets 2018: $6,081,4382018Assets 2019: $11,418,124Liabilities 2019: $4,965,831Net Assets 2019: $6,452,2932019Assets 2020: $14,939,886Liabilities 2020: $7,710,637Net Assets 2020: $7,229,2492020Assets 2021: $17,896,855Liabilities 2021: $9,919,035Net Assets 2021: $7,977,8202021Assets 2022: $19,321,017Liabilities 2022: $9,536,936Net Assets 2022: $9,784,0812022Assets 2023: $21,831,503Liabilities 2023: $9,773,920Net Assets 2023: $12,057,5832023Assets 2024: $24,165,319Liabilities 2024: $9,362,853Net Assets 2024: $14,802,4662024

Highlighted filing

2017

Assets$11,117,510
Liabilities$5,257,987
Net Assets$5,859,523

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $1,298,3122010Expenses 2011: $1,363,6242011Expenses 2012: $1,460,6242012Revenue 2013: $1,545,506Expenses 2013: $1,419,590Net Income 2013: $125,9162013Revenue 2014: $1,638,807Expenses 2014: $1,528,581Net Income 2014: $110,2262014Revenue 2015: $1,742,708Expenses 2015: $1,598,909Net Income 2015: $143,7992015Revenue 2016: $1,992,953Expenses 2016: $1,804,847Net Income 2016: $188,1062016Revenue 2017: $2,458,684Expenses 2017: $1,857,226Net Income 2017: $601,4582017Revenue 2018: $2,028,684Expenses 2018: $1,806,769Net Income 2018: $221,9152018Revenue 2019: $2,398,254Expenses 2019: $2,027,399Net Income 2019: $370,8552019Revenue 2020: $2,903,605Expenses 2020: $2,126,649Net Income 2020: $776,9562020Revenue 2021: $3,096,455Expenses 2021: $2,347,884Net Income 2021: $748,5712021Revenue 2022: $4,245,396Expenses 2022: $2,439,135Net Income 2022: $1,806,2612022Revenue 2023: $5,094,357Expenses 2023: $2,820,855Net Income 2023: $2,273,5022023Revenue 2024: $6,014,486Expenses 2024: $3,269,603Net Income 2024: $2,744,8832024

Highlighted filing

2017

Revenue$2,458,684
Expenses$1,857,226
Net Income$601,458
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.2
Gross Receipts
$2,458,684
Mission and Program Overview

Mission

Provide public water to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,792,465$7,277,326▲ $484,861
Cash and Non-Interest-Bearing Accounts$3,169,216$3,375,539▲ $206,323
Prepaid Expenses and Deferred Charges$153,402--
Accounts Receivable$144,206$145,206▲ $1,000
Inventories for Sale or Use$50,824$59,742▲ $8,918
Total Assets$10,533,100$11,117,510▲ $584,410
Other Assets Total$222,987$259,697▲ $36,710
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,853,875$3,967,991▼ $885,884
Other Liabilities-$1,098,087-
Accounts Payable and Accrued Expenses$388,800$191,909▼ $196,891
Total Liabilities$5,242,675$5,257,987▲ $15,312
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,267,928$5,859,523▲ $591,595
Unrestricted Net Assets$22,497--
Total Net Assets Fund Balance$5,290,425$5,859,523▲ $569,098
Total Liabilities and Net Assets / Fund Balance$10,533,100$11,117,510▲ $584,410

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$6,372,472$7,460,054$13,832,526
Equipment$479,298-$479,298
Buildings$238,277-$238,277
Land$187,279-$187,279
Other Assets Org$2,699--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Keith M CollinsGeneral ManagerFT$89,741$89,741

Board Members and Trustees

NameTitle
Zack DusenburyPresident
Ricky TinsdallSecretary
Eddie AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$217,862
Program Service Revenue
$1,968,144
Investment Income
$13,033
Other Revenue
$259,645
Change in Net Assets
$601,458

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,458,684
Total Revenue per Audited Statements
$2,458,684
Total Revenue per Form 990
$2,458,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,332,116
Salaries, Compensation, and Employee Benefits$525,110
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$458,157$768-$458,925
Other Salaries and Wages$259,120$181,473-$440,593
Interest$140,381--$140,381
Insurance$110,605--$110,605
Occupancy-$67,530-$67,530
Other Employee Benefits$27,305$23,506-$50,811
Payroll Taxes$19,823$13,883-$33,706
Fees for Services Legal-$24,000-$24,000
Fees for Services Accounting-$20,500-$20,500
Other Expenses$445,840$20,250-$20,250
Fees for Services Other-$6,525-$6,525
Total Functional Expenses$1,478,227$378,999$0$1,857,226

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,829,466
Total Expenses per Audited Statements$1,829,466
Total Expenses per Form 990$1,829,466
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
Net Pension Liabilty$1,025,854
Deferred Inflow Od Resiurces$72,233
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Bucksport Water System Inc provides water to its members When a person or entity signs up and purchases a Water Tap they become a voting member of the system

Member election for additional members Part VI line 7A

Annual meeting is held every March There are 5 Districts within the System and each district has two(2) Board Members that are elected by the Members. The directors serve 2 year terms and 1 director is elected each year from each district

Governing body meeting documentation Part VI line 8A

All Documents are available at 4208 Fourth Avenue Conway South Carolina 29526 between the hours of 8am and 5pm Monday thru Friday

Form 990 governing body review Part VI line 11

The 990 is presented and approved by the Board of Directors and in their monthly meeting NO REVIEW WILL BE CONDUCTED

Conflict of interest policy compliance Part VI line 12C

Corporation adapted a conflect of interest policy in June 2009 at the Board of Directors Meeting

CEO executive director top management comp Part VI line 15A

Each September a Financial Commettee reviews the Staff Job Discriptions and Wages based on the goals of the Corporation and the industry

Other officer or key employee compensation Part VI line 15B

Reviewed annually by and independent committee appointed by the board of diectors

Governing documents etc available to public Part VI line 19

All documents, tax returns and audited financial statements are available at home office 2809 4th avenue conway sc 29526 during business hours monday to thursday 7:30 am to 5:30 pm friday 8 am till noon

Filing and Contact Details

Filer

Filer Name
Bucksport Water System Inc
EIN
57-0809787
Address
P O BOX 1032, Conway, SC 29528-1032

Signing Officer

Name
Keith Collins
Title
General Manager
Phone
8432483195
Signed
2018-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eddie Anderson
Formed
1968
Legal Domicile
Sc
Voting Board Members
10
Independent Board Members
10
Employees
14

Preparer

Firm
David G Lewis CPA Pa
Address
1301 THIRD AVENUE, Conway, SC 29526
Preparer
David G Lewis
Phone
8432483100
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING ERROR

Raw XML Appendix379 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0388800
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0191909
IRS990/AccountsReceivableGrp/BOYAmt0144206
IRS990/AccountsReceivableGrp/EOYAmt0145206
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE PUBLIC WATER TO MEMBERS
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KEITH M COLLINS 5 Highest
IRS990/BooksInCareOfDetail/PhoneNum08432483195
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02809 4TH AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0Conway
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029526
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03169216
IRS990/CashNonInterestBearingGrp/EOYAmt03375539
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0217862
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt013033
IRS990/CYOtherExpensesAmt01332116
IRS990/CYOtherRevenueAmt0259645
IRS990/CYProgramServiceRevenueAmt01968144
IRS990/CYRevenuesLessExpensesAmt0601458
IRS990/CYSalariesCompEmpBnftPaidAmt0525110
IRS990/CYTotalExpensesAmt01857226
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02458684
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0768
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0458157
IRS990/DepreciationDepletionGrp/TotalAmt0458925
IRS990/Desc0PROVIDE PUBLIC WATER TO MEMBERS BOTH RESIDENTIAL AND COMMERCIAL
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt01478227
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020500
IRS990/FeesForServicesAccountingGrp/TotalAmt020500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt024000
IRS990/FeesForServicesLegalGrp/TotalAmt024000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06525
IRS990/FeesForServicesOtherGrp/TotalAmt06525
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0EDDIE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1RICKY TINSDALL
IRS990/Form990PartVIISectionAGrp/PersonNm2ZACK DUSENBURY
IRS990/Form990PartVIISectionAGrp/PersonNm3KEITH M COLLINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt389741
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3GENERAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0217862
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02458684
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0110605
IRS990/InsuranceGrp/TotalAmt0110605
IRS990/InterestGrp/ProgramServicesAmt0140381
IRS990/InterestGrp/TotalAmt0140381
IRS990/InventoriesForSaleOrUseGrp/BOYAmt050824
IRS990/InventoriesForSaleOrUseGrp/EOYAmt059742
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt013033
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013033
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07460054
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06792465
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07277326
IRS990/LandBldgEquipCostOrOtherBssAmt014737380
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt01960906
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE PUBLIC WATER TO MEMBERS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04853875
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03967991
IRS990/NetAssetsOrFundBalancesBOYAmt05290425
IRS990/NetAssetsOrFundBalancesEOYAmt05859523
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt067530
IRS990/OccupancyGrp/TotalAmt067530
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0222987
IRS990/OtherAssetsTotalGrp/EOYAmt0259697
IRS990/OtherChangesInNetAssetsAmt0-32360
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023506
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027305
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050811
IRS990/OtherExpensesGrp/Desc0REPAIRS MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OPERATION EXPENSE
IRS990/OtherExpensesGrp/Desc2DIRECTOR FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020564
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120250
IRS990/OtherExpensesGrp/ProgramServicesAmt016996
IRS990/OtherExpensesGrp/ProgramServicesAmt1445840
IRS990/OtherExpensesGrp/TotalAmt037560
IRS990/OtherExpensesGrp/TotalAmt1445840
IRS990/OtherExpensesGrp/TotalAmt220250
IRS990/OtherLiabilitiesGrp/EOYAmt01098087
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1CONTRIBUTED WATER SYSTE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt069994
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1189651
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt069994
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1189651
IRS990/OtherRevenueTotalAmt0259645
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0181473
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0259120
IRS990/OtherSalariesAndWagesGrp/TotalAmt0440593
IRS990/OtherSourcesGrossIncomeAmt070000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013883
IRS990/PayrollTaxesGrp/ProgramServicesAmt019823
IRS990/PayrollTaxesGrp/TotalAmt033706
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0153402
IRS990/PrincipalOfficerNm0EDDIE ANDERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SERVICE
IRS990/ProgramServiceRevenueGrp/Desc1TAP IN FEES
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01605589
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1222875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2139680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01605589
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1222875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2139680
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0132138
IRS990/PYInvestmentIncomeAmt02731
IRS990/PYOtherExpensesAmt01320852
IRS990/PYOtherRevenueAmt041241
IRS990/PYProgramServiceRevenueAmt01816843
IRS990/PYRevenuesLessExpensesAmt0188106
IRS990/PYSalariesCompEmpBnftPaidAmt0483995
IRS990/PYTotalExpensesAmt01804847
IRS990/PYTotalRevenueAmt01992953
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0601458
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02458684
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0238277
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0238277
IRS990ScheduleD/EquipmentGrp/BookValueAmt0479298
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0479298
IRS990ScheduleD/ExpensesSubtotalAmt01829466
IRS990ScheduleD/LandGrp/BookValueAmt0187279
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0187279
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06372472
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07460054
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013832526
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0256998
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12699
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MISC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01025854
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt172233
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOW OD RESIURCES
IRS990ScheduleD/RevenueSubtotalAmt02458684
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07277326
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0259697
IRS990ScheduleD/TotalExpensesPerForm990Amt01829466
IRS990ScheduleD/TotalLiabilityAmt01098087
IRS990ScheduleD/TotalRevenuePerForm990Amt02458684
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02458684
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01829466
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bucksport Water System Inc provides water to its members When a person or entity signs up and purchases a Water Tap they become a voting member of the system
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annual meeting is held every March There are 5 Districts within the System and each district has two(2) Board Members that are elected by the Members. The directors serve 2 year terms and 1 director is elected each year from each district
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All Documents are available at 4208 Fourth Avenue Conway South Carolina 29526 between the hours of 8am and 5pm Monday thru Friday
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is presented and approved by the Board of Directors and in their monthly meeting NO REVIEW WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Corporation adapted a conflect of interest policy in June 2009 at the Board of Directors Meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Each September a Financial Commettee reviews the Staff Job Discriptions and Wages based on the goals of the Corporation and the industry
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Reviewed annually by and independent committee appointed by the board of diectors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL DOCUMENTS, TAX RETURNS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT HOME OFFICE 2809 4TH AVENUE CONWAY SC 29526 DURING BUSINESS HOURS MONDAY TO THURSDAY 7:30 AM TO 5:30 PM FRIDAY 8 AM TILL NOON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ROUNDING ERROR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt05267928
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05859523
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010533100
IRS990/TotalAssetsEOYAmt011117510
IRS990/TotalAssetsGrp/BOYAmt010533100
IRS990/TotalAssetsGrp/EOYAmt011117510
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0217862
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0378999
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01478227
IRS990/TotalFunctionalExpensesGrp/TotalAmt01857226
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05242675
IRS990/TotalLiabilitiesEOYAmt05257987
IRS990/TotalLiabilitiesGrp/BOYAmt05242675
IRS990/TotalLiabilitiesGrp/EOYAmt05257987
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05290425
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05859523
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01478227
IRS990/TotalProgramServiceRevenueAmt01968144
IRS990/TotalReportableCompFromOrgAmt089741
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02240822
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02458684
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010533100
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011117510
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt022497
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05323 DONGOLA HIGHWAY
IRS990/USAddress/CityNm0Conway
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029527
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH COLLINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08432483195
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUCKSPORT WATER SYSTEM INC
ReturnHeader/Filer/BusinessNameControlTxt0BUCK
ReturnHeader/Filer/EIN0570809787
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1032
ReturnHeader/Filer/USAddress/CityNm0Conway
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd0295281032
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BB97155B4CB0B21F9FF213979F84A9805D6A3847
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BB97155B4CB0B21F9FF213979F84A9805D6A3847
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05733932018316vbw1q3c
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-12
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.153.173.159
ReturnHeader/FilingSecurityInformation/IPDt02018-11-12
ReturnHeader/FilingSecurityInformation/IPTm022:15:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571058387
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID G LEWIS CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 THIRD AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Conway
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029526
ReturnHeader/PreparerPersonGrp/PhoneNum08432483100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID G LEWIS
ReturnHeader/ReturnTs02018-11-09T08:19:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.2$9.36$14.8$6.01$3.27$2.74
2023Detailed filing. Detailed filing data is available for this year.$21.8$9.77$12.1$5.09$2.82$2.27
2022Detailed filing. Detailed filing data is available for this year.$19.3$9.54$9.78$4.25$2.44$1.81
2021Detailed filing. Detailed filing data is available for this year.$17.9$9.92$7.98$3.10$2.35$0.75
2020Detailed filing. Detailed filing data is available for this year.$14.9$7.71$7.23$2.90$2.13$0.78
2019Detailed filing. Detailed filing data is available for this year.$11.4$4.97$6.45$2.40$2.03$0.37
2018Detailed filing. Detailed filing data is available for this year.$11.2$5.08$6.08$2.03$1.81$0.22
2017Detailed filing. Detailed filing data is available for this year.$11.1$5.26$5.86$2.46$1.86$0.60
2016Detailed filing. Detailed filing data is available for this year.$10.5$5.24$5.29$1.99$1.80$0.19
2015Detailed filing. Detailed filing data is available for this year.$10.3$5.21$5.07$1.74$1.60$0.14
2014Detailed filing. Detailed filing data is available for this year.$9.17$3.51$5.65$1.64$1.53$0.11
2013Detailed filing. Detailed filing data is available for this year.$7.76$2.22$5.54$1.55$1.42$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.53$2.11$5.42$1.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.58$2.17$5.42$1.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.64$2.29$5.35$1.30