Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.64x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Up$11,384,336
Up $380,245 (+3.5%) from 2015
Net Assets
Up$4,048,736
Up $395,763 (+11%) from 2015
Liabilities
Down$7,335,600
Down $15,518 (-0.2%) from 2015
Revenue And Expenses
Revenue
Up$2,324,486
Up $77,384 (+3.4%) from 2015
Expenses
Up$1,928,723
Up $140,869 (+7.9%) from 2015
Net Income
Down$395,763
Down $63,485 (-14%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- May 30, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $2,324,486
Mission and Program Overview
Mission
Kkus is a privately owned utility that provides dependable, cost effective water distribution, waste collection and treatment services to its members while ensuring the safety of all kkus team members and proactively meeting or exceeding all environmental regulations.
Provide water and sewer service to members
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,032,532 | $8,006,595 | ▲ $1,974,063 |
| Savings and Temporary Cash Investments | $2,528,354 | $1,236,865 | ▼ $1,291,489 |
| Accounts Receivable | $353,043 | $356,119 | ▲ $3,076 |
| Investments Other Securities | $112,852 | $129,715 | ▲ $16,863 |
| Prepaid Expenses and Deferred Charges | $2,974 | $3,164 | ▲ $190 |
| Total Assets | $11,004,091 | $11,384,336 | ▲ $380,245 |
| Other Assets Total | $1,974,336 | $1,651,878 | ▼ $322,458 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $6,890,763 | $6,590,923 | ▼ $299,840 |
| Accounts Payable and Accrued Expenses | $446,555 | $728,477 | ▲ $281,922 |
| Other Liabilities | $13,800 | $16,200 | ▲ $2,400 |
| Total Liabilities | $7,351,118 | $7,335,600 | ▼ $15,518 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $3,652,973 | $4,048,736 | ▲ $395,763 |
| Total Net Assets Fund Balance | $3,652,973 | $4,048,736 | ▲ $395,763 |
| Total Liabilities and Net Assets / Fund Balance | $11,004,091 | $11,384,336 | ▲ $380,245 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $7,280,077 | $2,090,686 | $9,370,763 |
| Equipment | $694,472 | $1,351,701 | $2,046,173 |
| Land | $17,850 | - | $17,850 |
| Other Land Buildings | $14,196 | - | $14,196 |
| Other Assets Org | $18,886 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Russ Landis | president |
| don wineman | treasurer |
| George Daddis | VP/secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $2,257,992
- Investment Income
- $66,494
- Other Revenue
- $0
- Change in Net Assets
- $395,763
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $2,324,486
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Total Revenue per Audited Statements
- $2,324,486
- Total Revenue per Form 990
- $2,324,486
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,557,364 |
| Salaries, Compensation, and Employee Benefits | $371,359 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | - | - | - | $391,739 |
| Other Salaries and Wages | - | - | - | $343,272 |
| Depreciation Depletion | - | - | - | $253,351 |
| All Other Expenses | - | - | - | $104,426 |
| Insurance | - | - | - | $75,319 |
| Fees for Services Management | - | - | - | $52,200 |
| Other Expenses | - | - | - | $45,237 |
| Office Expenses | - | - | - | $26,953 |
| Payroll Taxes | - | - | - | $25,963 |
| Fees for Services Accounting | - | - | - | $11,800 |
| Travel | - | - | - | $7,261 |
| Pension Plan Contributions | - | - | - | $2,124 |
| Total Functional Expenses | $0 | $0 | $0 | $1,928,723 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,928,723 |
| Total Expenses per Audited Statements | $1,928,723 |
| Total Expenses per Form 990 | $1,928,723 |
| 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 Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Deposits | $16,200 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- 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
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Section A, line 3
“Keowee key utility system paid keowee key property owners association a management fee of $52,200 to perform the management functions of keowee key utility system.”
Form 990, Part VI, Section A, line 6
“Any individual who owns property in keowee key is considered a member of keowee key utility system, inc.”
Form 990, Part VI, Section A, line 7A
“Each year, members receive a listing of persons nominated for the board of directors. The members then cast their vote and return their ballots to elect members to the board of directors.”
Form 990, Part VI, Section A, line 7B
“Each year members receive a copy of the proposed budget. They are then required to approve the budget, or address any issues with the board of directors.”
Form 990, Part VI, Section B, line 11B
“The board of directors will be given a copy of the form 990 for review prior to the next scheduled board meeting. At the board meeting, time will be set aside for discussion of the 990. The 990 will be approved by all board members prior to its filing.”
Form 990, Part VI, Section B, line 12C
“The kkus board of directors, community general manager and controller are aware of, and in agreement with, the conflict of interest policy, which includes the duty to disclose any possible conflict of interest. Any breach or suspected breach of this policy would be addressed in the next available monthly board meeting, and the proceedings and findings would be recorded in the board minutes.”
Form 990, Part VI, Section B, line 15A
“Compensation is determined by a combination of job responsibilities, previous experience and comparable compensation in the job market. The process for determining compensation of supervisors does not include a review by independent persons outside of the organization, but is reviewed and approved by the KKPOA Community General Manager as part of the management services provided to KKUS by KKPOA.”
Form 990, Part VI, Section C, line 19
“Keowee key utility systems' bylaws are available to members at the keowee key property owners' association website. Its annual audited financials are mailed to members each april as part of keowee key's annual report. Monthly financials and bylaws are available to members at keowee key property owners association's administrative offices at 1392 stamp creek road, salem sc 29676.”
Filing and Contact Details
Filer
- Filer Name
- Keowee Key Utility System Inc
- EIN
- 57-0980098
- Phone
- 8649440598
- Address
- 1392 STAMP CREEK ROAD, SALEM, SC 29676
Signing Officer
- Name
- Russ Landis
- Title
- President
- Phone
- 8649440598
- Signed
- 2017-05-30
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Russ Landis
- Formed
- 1993
- Legal Domicile
- Sc
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 10
- Volunteers
- 0
Preparer
- Firm
- Dixon Hughes Goodman Llp
- Address
- PO BOX 25849, GREENVILLE, SC 29616
- Preparer
- Roxanne Caldwell
- Phone
- 8642885544
Supplemental Narrative
Additional Explanations
form 990, part XII, line 2C
“The process has not changed from the prior year.”
Raw XML Appendix360 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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 446555 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 728477 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 353043 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 356119 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE WATER AND SEWER SERVICE TO MEMBERS |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 104426 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DIRECTORS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8649440598 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1392 STAMP CREEK ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SALEM |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29676 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 66494 |
| IRS990/CYOtherExpensesAmt | 0 | 1557364 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2257992 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 395763 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 371359 |
| IRS990/CYTotalExpensesAmt | 0 | 1928723 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2324486 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 253351 |
| IRS990/Desc | 0 | Keowee Key Utility Systems, Inc. provides water and sewer services for approximately 1,600 members within the Keowee Key community. In 2016, Keowee Key Utility Systems, Inc. invested $2,227,000 in capital assets to upgrade its water and sewer line infrastructure and $225,000 in operating funds to maintain existing water and sewer lines. Employees are on call 24/7 to respond to water line breakages or sewer-related problems. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 10 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11800 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 52200 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | GEORGE DADDIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | don wineman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RUSS LANDIS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | vp/secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | president |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1993 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2324486 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 75319 |
| IRS990/InterestGrp/TotalAmt | 0 | 391739 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 66494 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 66494 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 112852 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 129715 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3442387 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6032532 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 8006595 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 11448982 |
| IRS990/LegalDomicileStateCd | 0 | SC |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersAndShrGrossIncomeAmt | 0 | 2257992 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | KKUS is a privately owned utility that provides dependable, cost effective water distribution, waste collection and treatment services to its members while ensuring the safety of all KKUS Team Members and proactively meeting or exceeding all environmental regulations. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 6890763 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 6590923 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3652973 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4048736 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 26953 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1974336 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1651878 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PURCHASED WATER/ENZYMES |
| IRS990/OtherExpensesGrp/Desc | 1 | public works |
| IRS990/OtherExpensesGrp/Desc | 2 | MATERIALS |
| IRS990/OtherExpensesGrp/Desc | 3 | lab tests |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 252908 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 225362 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 110808 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 45237 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 13800 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 16200 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 343272 |
| IRS990/OtherSourcesGrossIncomeAmt | 0 | 66494 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 25963 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 2124 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2974 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3164 |
| IRS990/PrincipalOfficerNm | 0 | Russ Landis |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 221000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | WATER/SEWER SERVICE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2257992 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2257992 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 25004 |
| IRS990/PYOtherExpensesAmt | 0 | 1424632 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2222098 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 459248 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 363222 |
| IRS990/PYTotalExpensesAmt | 0 | 1787854 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2247102 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 395763 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2528354 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1236865 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 7280077 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2090686 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 9370763 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 694472 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1351701 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 2046173 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1928723 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 17850 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 17850 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1632992 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 18886 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RESTRICTED CASH |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | deferred financing costs |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 14196 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 14196 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 16200 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DEPOSITS |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2324486 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 8006595 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1651878 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1928723 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 16200 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2324486 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2324486 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1928723 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | KEOWEE KEY UTILITY SYSTEM PAID KEOWEE KEY PROPERTY OWNERS ASSOCIATION A MANAGEMENT FEE OF $52,200 TO PERFORM THE MANAGEMENT FUNCTIONS OF KEOWEE KEY UTILITY SYSTEM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ANY INDIVIDUAL WHO OWNS PROPERTY IN KEOWEE KEY IS CONSIDERED A MEMBER OF KEOWEE KEY UTILITY SYSTEM, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH YEAR, MEMBERS RECEIVE A LISTING OF PERSONS NOMINATED FOR THE BOARD OF DIRECTORS. THE MEMBERS THEN CAST THEIR VOTE AND RETURN THEIR BALLOTS TO ELECT MEMBERS TO THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EACH YEAR MEMBERS RECEIVE A COPY OF THE PROPOSED BUDGET. THEY ARE THEN REQUIRED TO APPROVE THE BUDGET, OR ADDRESS ANY ISSUES WITH THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD OF DIRECTORS WILL BE GIVEN A COPY OF THE FORM 990 FOR REVIEW PRIOR TO THE NEXT SCHEDULED BOARD MEETING. AT THE BOARD MEETING, TIME WILL BE SET ASIDE FOR DISCUSSION OF THE 990. THE 990 WILL BE APPROVED BY ALL BOARD MEMBERS PRIOR TO ITS FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE KKUS BOARD OF DIRECTORS, COMMUNITY GENERAL MANAGER AND CONTROLLER ARE AWARE OF, AND IN AGREEMENT WITH, THE CONFLICT OF INTEREST POLICY, WHICH INCLUDES THE DUTY TO DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST. ANY BREACH OR SUSPECTED BREACH OF THIS POLICY WOULD BE ADDRESSED IN THE NEXT AVAILABLE MONTHLY BOARD MEETING, AND THE PROCEEDINGS AND FINDINGS WOULD BE RECORDED IN THE BOARD MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Compensation is determined by a combination of job responsibilities, previous experience and comparable compensation in the job market. The process for determining compensation of supervisors does not include a review by independent persons outside of the organization, but is reviewed and approved by the KKPOA Community General Manager as part of the management services provided to KKUS by KKPOA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | KEOWEE KEY UTILITY SYSTEMS' BYLAWS ARE AVAILABLE TO MEMBERS AT THE KEOWEE KEY PROPERTY OWNERS' ASSOCIATION WEBSITE. ITS ANNUAL AUDITED FINANCIALS ARE MAILED TO MEMBERS EACH APRIL AS PART OF KEOWEE KEY'S ANNUAL REPORT. MONTHLY FINANCIALS AND BYLAWS ARE AVAILABLE TO MEMBERS AT KEOWEE KEY PROPERTY OWNERS ASSOCIATION'S ADMINISTRATIVE OFFICES AT 1392 STAMP CREEK ROAD, SALEM SC 29676. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | The process has not changed from the prior year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section A, line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section B, line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | form 990, part xii, line 2c |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 570957121 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | SC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | HOMEOWNERS ASSOCIATION |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | KEOWEE KEY PROPERTY OWNERS' ASSOCIATION |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 1392 STAMP creek ROAD |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | SALEM |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 0 | 29676 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 572435 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | ACTUAL TRANSACTIONS |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | KEOWEE KEY PROPERTY OWNERS' ASSOCIATION |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | P |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 11004091 |
| IRS990/TotalAssetsEOYAmt | 0 | 11384336 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 11004091 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 11384336 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 10 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1928723 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 7351118 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 7335600 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 7351118 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 7335600 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3652973 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 4048736 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2257992 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 66494 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2257992 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2324486 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 11004091 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 11384336 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 7261 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 3652973 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 4048736 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1392 STAMP CREEK ROAD |
| IRS990/USAddress/CityNm | 0 | SALEM |
| IRS990/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/USAddress/ZIPCd | 0 | 29676 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RUSS LANDIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8649440598 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-05-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KEOWEE KEY UTILITY SYSTEM INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KEOW |
| ReturnHeader/Filer/EIN | 0 | 570980098 |
| ReturnHeader/Filer/PhoneNum | 0 | 8649440598 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1392 STAMP CREEK ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SALEM |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29676 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | B919C32669D741AA5B5D755F4FE251C1C5364636 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 4.16.119.145 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-05-30 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:29:28 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560747981 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DIXON HUGHES GOODMAN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 25849 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GREENVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29616 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8642885544 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Roxanne Caldwell |
| ReturnHeader/ReturnTs | 0 | 2017-06-23T08:37:07-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $11,384,336
- Liabilities
- $7,335,600
- Net assets
- $4,048,736
- Revenue
- $2,324,486
- Expenses
- $1,928,723
- Net income
- $395,763