Civic Intelligence

Destin Water Users Inc

990 • Fiscal year 2015 • EIN 59-1082116

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 24, 2016

Organization Profilewww.destinwaterusers.com

View Organization Page

P O Box 308Destin, FL 32540-0308

(850) 837-6146

Siviq Scores

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

Liabilities / Assets

14th percentile

0.30x

Higher debt load relative to assets than 14% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

1.64x

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

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Net Margin

96th percentile

26%

Higher net margin than 96% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

9th percentile

$126,700

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Asset Growth

87th percentile

8.5%

Faster asset growth than 87% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

2.7%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$82,949,176

Up $6,499,693 (+8.5%) from 2014

Net Assets

Up

$57,912,221

Up $2,807,999 (+5.1%) from 2014

Liabilities

Up

$25,036,955

Up $3,691,694 (+17%) from 2014

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin96th percentile

Revenue

Up

$15,235,704

Up $398,260 (+2.7%) from 2014

Expenses

Up

$11,205,120

Up $445,957 (+4.1%) from 2014

Net Income

Down

$4,030,584

Down $47,697 (-1.2%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$150M$100M$50M$0Assets 2010: $64,663,515Liabilities 2010: $15,204,525Net Assets 2010: $49,458,9902010Assets 2011: $69,729,441Liabilities 2011: $20,144,541Net Assets 2011: $49,584,9002011Assets 2012: $76,036,311Liabilities 2012: $24,311,172Net Assets 2012: $51,725,1392012Assets 2013: $75,136,659Liabilities 2013: $22,929,240Net Assets 2013: $52,207,4192013Assets 2014: $76,449,483Liabilities 2014: $21,345,261Net Assets 2014: $55,104,2222014Assets 2015: $82,949,176Liabilities 2015: $25,036,955Net Assets 2015: $57,912,2212015Assets 2016: $85,299,632Liabilities 2016: $23,511,531Net Assets 2016: $61,788,1012016Assets 2017: $88,655,672Liabilities 2017: $22,065,258Net Assets 2017: $66,590,4142017Assets 2018: $91,082,108Liabilities 2018: $20,771,235Net Assets 2018: $70,310,8732018Assets 2019: $111,390,370Liabilities 2019: $36,272,333Net Assets 2019: $75,118,0372019Assets 2020: $113,855,608Liabilities 2020: $35,599,970Net Assets 2020: $78,255,6382020Assets 2021: $116,857,681Liabilities 2021: $33,332,565Net Assets 2021: $83,525,1162021Assets 2022: $134,167,307Liabilities 2022: $46,386,165Net Assets 2022: $87,781,1422022Assets 2023: $133,734,994Liabilities 2023: $42,561,180Net Assets 2023: $91,173,8142023Assets 2024: $135,012,590Liabilities 2024: $40,562,506Net Assets 2024: $94,450,0842024

Highlighted filing

2015

Assets$82,949,176
Liabilities$25,036,955
Net Assets$57,912,221
Open 2015 Filing

Operations Trend

Revenue Growth82nd percentile

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

$30M$20M$10M$0Expenses 2010: $10,736,4072010Revenue 2011: $11,040,145Expenses 2011: $10,950,237Net Income 2011: $89,9082011Expenses 2012: $9,926,0902012Revenue 2013: $12,452,131Expenses 2013: $10,825,836Net Income 2013: $1,626,2952013Revenue 2014: $14,837,444Expenses 2014: $10,759,163Net Income 2014: $4,078,2812014Revenue 2015: $15,235,704Expenses 2015: $11,205,120Net Income 2015: $4,030,5842015Revenue 2016: $16,609,734Expenses 2016: $12,621,132Net Income 2016: $3,988,6022016Revenue 2017: $18,084,457Expenses 2017: $13,166,244Net Income 2017: $4,918,2132017Revenue 2018: $17,254,434Expenses 2018: $13,377,262Net Income 2018: $3,877,1722018Revenue 2019: $19,067,927Expenses 2019: $14,113,576Net Income 2019: $4,954,3512019Revenue 2020: $17,116,482Expenses 2020: $14,438,476Net Income 2020: $2,678,0062020Revenue 2021: $20,467,236Expenses 2021: $14,798,552Net Income 2021: $5,668,6842021Revenue 2022: $20,427,689Expenses 2022: $15,854,578Net Income 2022: $4,573,1112022Revenue 2023: $20,505,757Expenses 2023: $17,075,980Net Income 2023: $3,429,7772023Revenue 2024: $20,167,579Expenses 2024: $17,577,468Net Income 2024: $2,590,1112024

Highlighted filing

2015

Revenue$15,235,704
Expenses$11,205,120
Net Income$4,030,584
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 24, 2016
Return Version
2015v2.1
Gross Receipts
$15,254,011
Mission and Program Overview

Mission

We live and work in a little piece of paradiese, and DWU is intent on doing our part to keep it that way.

To provide water and sewer services to the members in the Destin area of Okaloosa County, Fl.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$55,552,398$56,816,120▲ $1,263,722
Rtn Earn Endowment Incm Other Fnds$27,703,105$30,977,576▲ $3,274,471
Pd in Cap Srpls Land Bldg Eqp Fund$27,016,955$26,550,483▼ $466,472
Savings and Temporary Cash Investments$4,134,397$10,582,393▲ $6,447,996
Intangible Assets$2,905,932$2,494,546▼ $411,386
Investments Other Securities$1,658,750$1,014,497▼ $644,253
Accounts Receivable$944,011$1,006,169▲ $62,158
Inventories for Sale or Use$576,804$562,929▼ $13,875
Cap Stk Tr Prin Current Funds$384,162$384,162→ $0
Prepaid Expenses and Deferred Charges$77,880$82,574▲ $4,694
Cash and Non-Interest-Bearing Accounts$1,120$820▼ $300
Total Assets$76,449,483$82,949,176▲ $6,499,693
Other Assets Total$10,598,191$10,389,128▼ $209,063
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,762,221$22,288,101▲ $3,525,880
Accounts Payable and Accrued Expenses$1,614,755$1,759,019▲ $144,264
Other Liabilities$634,025$658,075▲ $24,050
Deferred Revenue$334,260$331,760▼ $2,500
Total Liabilities$21,345,261$25,036,955▲ $3,691,694
Net Assets / Fund Balance
Total Net Assets Fund Balance$55,104,222$57,912,221▲ $2,807,999
Total Liabilities and Net Assets / Fund Balance$76,449,483$82,949,176▲ $6,499,693

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$52,883,381$32,519,395$85,402,776
Leasehold Improvements$1,028,407$1,940,002$2,968,409
Land$2,058,074-$2,058,074
Equipment$846,258-$846,258
Other Assets Org$80,000--
Compensation and Service Providers
Top Officer Pay9th percentile

Employees

NameTitleFull / Part TimeBaseTotal
David L WernetGeneral ManagerFT$126,700$126,700

Board Members and Trustees

NameTitle
Tom WeidenhamerPresident
Jimmy NeilsonVice-President
Ames HudsonDirector
Ginger Barry BoydDirector
James ForemanDirector
Jim LinkDirector
Mike BuckinghamDirector
Sandy TrammellDirector
Richard F ScaliSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$783,348
Program Service Revenue
$14,365,406
Investment Income
$18,908
Other Revenue
$68,042
All Other Contributions
$703,348
Change in Net Assets
$4,030,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,532,356
Revenue Not Reported on Financial Statements
$703,348
Revenue Not Reported on Form 990
$11,509
Other Revenue Adjustments
$703,348
Total Revenue per Audited Statements
$14,543,865
Total Revenue per Form 990
$15,235,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,634,895
Salaries, Compensation, and Employee Benefits$4,570,225
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,116,237
Depreciation Depletion---$2,233,974
Other Employee Benefits---$866,517
Interest---$620,714
Fees for Services Other---$465,692
Payroll Taxes---$233,817
Information Technology---$230,765
Pension Plan Contributions---$226,954
Insurance---$167,673
Other Expenses---$129,147
Current Officers, Directors, Trustees, and Key Employees---$126,700
Office Expenses---$93,445
Fees for Services Accounting---$35,407
Fees for Services Legal---$30,265
Advertising---$24,988
All Other Expenses---$-474,651
Total Functional Expenses$0$0$0$11,205,120

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,269,394
Expenses per Audited Statements$11,205,120
Total Expenses per Form 990$11,205,120
Expenses Not Reported on Form 990$64,274
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tom WeidenhamerOfficer on organziation's Board of Directors.Interested party owns a printing company that occasionally sells checks to the organization. The organziation's Board of Directors is aware of the relationship.No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Membership Fees$658,075
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
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 2

“Board member, Tom Weidenhamer, owns a printing company the organziation does business with. Board of directors is aware of these transactions.”

Form 990, Part VI, Section A, line 7A

“The Board of Directors consist of nine members who are elected by the members of the organization. A member is anyone that has a meter connection and has paid their refundable fee of $30 at the time they apply for water service.”

Form 990, Part VI, Section A, line 7B

“Any change in the corporation bylaws are voted on at the Annual Meeting held the 1st Monday in March.”

Form 990, Part VI, Section B, line 11

“The 990 is given to the President of the corporation for his review and signature and then mailed to the IRS.”

Form 990, Part VI, Section B, line 12

“All board members are aware of the policy and none have ever failed to voluntarily disclose. The policy is provided to all new board members.”

Form 990, Part VI, Section B, line 15

“The Board of Directors annually determine compensation for the General Manager based on performance evaluation and the job market. The General Manager determines compensation for Senior Managers based on performance evaluation and the job market.”

Form 990, Part VI, Section C, line 18

“Governing documents are provided to the Florida Secretary of State and are available upon request from a member.”

Form 990, Part VI, Section C, line 19

“Organization's governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Destin Water Users Inc
EIN
59-1082116
Phone
8508376146
Address
P O Box 308, Destin, FL 32540-0308

Signing Officer

Name
Tom Weidenhamer
Title
President
Phone
8508376146
Signed
2016-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Weidenhamer
Formed
1963
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
72
Volunteers
0

Preparer

Firm
Warren Averett LLC
Address
36474C Emerald Coast Pkwy Suite, 3301, Destin, FL 32541
Preparer
Kevin D Bowyer CPA
Phone
8508370398
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Amortization of Capital Contributions -1,169,820. Excess book depreciation -64,274. Excess book gain on asset disposition 11,508. Rounding”

Form 990, Part XI, Line 2C

“The organization has a separate Audit Committee that assumes responsibility for oversight of the audit.”

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

“Gain on Sale of Equipment 11,508. Rounding 1.”

Part XI, Line 4B - Other Adjustments:

“Member contributions 703,348.”

Part XII, Line 2D - Other Adjustments:

“Depreciation 64,274.”

Raw XML AppendixShowing 400 of 464 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01614755
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01759019
IRS990/AccountsReceivableGrp/BOYAmt0944011
IRS990/AccountsReceivableGrp/EOYAmt01006169
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To provide water and sewer services to the members in the Destin area of Okaloosa County, Fl.
IRS990/AdvertisingGrp/TotalAmt024988
IRS990/AllOtherContributionsAmt0703348
IRS990/AllOtherExpensesGrp/TotalAmt0-474651
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Wanda Fox Finance manager
IRS990/BooksInCareOfDetail/PhoneNum08508376146
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 308
IRS990/BooksInCareOfDetail/USAddress/CityNm0Destin
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032541
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0384162
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0384162
IRS990/CashNonInterestBearingGrp/BOYAmt01120
IRS990/CashNonInterestBearingGrp/EOYAmt0820
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0126700
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0783348
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt018908
IRS990/CYOtherExpensesAmt06634895
IRS990/CYOtherRevenueAmt068042
IRS990/CYProgramServiceRevenueAmt014365406
IRS990/CYRevenuesLessExpensesAmt04030584
IRS990/CYSalariesCompEmpBnftPaidAmt04570225
IRS990/CYTotalExpensesAmt011205120
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt015235704
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0334260
IRS990/DeferredRevenueGrp/EOYAmt0331760
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt02233974
IRS990/Desc0Water and Sewer Operations Members furnished with water service - 17,414Members furnished with sewer service - 17,129Water, waste water and reclaimed water program rates are lower because of exemption. The exemption allows the company to keep infrastructure in first class condition, thereby improving safety and reliability.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt072
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt035407
IRS990/FeesForServicesLegalGrp/TotalAmt030265
IRS990/FeesForServicesOtherGrp/TotalAmt0465692
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Tom Weidenhamer
IRS990/Form990PartVIISectionAGrp/PersonNm1Jimmy Neilson
IRS990/Form990PartVIISectionAGrp/PersonNm2Richard F Scali
IRS990/Form990PartVIISectionAGrp/PersonNm3Sandy Trammell
IRS990/Form990PartVIISectionAGrp/PersonNm4Ginger Barry Boyd
IRS990/Form990PartVIISectionAGrp/PersonNm5Ames Hudson
IRS990/Form990PartVIISectionAGrp/PersonNm6Jim Link
IRS990/Form990PartVIISectionAGrp/PersonNm7James Foreman
IRS990/Form990PartVIISectionAGrp/PersonNm8Mike Buckingham
IRS990/Form990PartVIISectionAGrp/PersonNm9David L Wernet
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9126700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9General Manager
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt014293
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt080000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt032600
IRS990/GrossReceiptsAmt015254011
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0230765
IRS990/InsuranceGrp/TotalAmt0167673
IRS990/IntangibleAssetsGrp/BOYAmt02905932
IRS990/IntangibleAssetsGrp/EOYAmt02494546
IRS990/InterestGrp/TotalAmt0620714
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0576804
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0562929
IRS990/InvestmentIncomeGrp/ExclusionAmt04615
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04615
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01658750
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01014497
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034459397
IRS990/LandBldgEquipBasisNetGrp/BOYAmt055552398
IRS990/LandBldgEquipBasisNetGrp/EOYAmt056816120
IRS990/LandBldgEquipCostOrOtherBssAmt091275517
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt018307
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt015153771
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0None
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt018762221
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt022288101
IRS990/NetAssetsOrFundBalancesBOYAmt055104222
IRS990/NetAssetsOrFundBalancesEOYAmt057912221
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt014293
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt014293
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt093445
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010598191
IRS990/OtherAssetsTotalGrp/EOYAmt010389128
IRS990/OtherChangesInNetAssetsAmt0-1222586
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0866517
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Utilities Expense
IRS990/OtherExpensesGrp/Desc3Taxes & Licenses
IRS990/OtherExpensesGrp/TotalAmt01221522
IRS990/OtherExpensesGrp/TotalAmt11034034
IRS990/OtherExpensesGrp/TotalAmt2821920
IRS990/OtherExpensesGrp/TotalAmt3129147
IRS990/OtherLiabilitiesGrp/BOYAmt0634025
IRS990/OtherLiabilitiesGrp/EOYAmt0658075
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/Desc1Income from Investment in WRP, In
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0342417
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-274375
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0342417
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-274375
IRS990/OtherRevenueTotalAmt068042
IRS990/OtherSalariesAndWagesGrp/TotalAmt03116237
IRS990/OtherSourcesGrossIncomeAmt0367817
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0233817
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt027016955
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt026550483
IRS990/PensionPlanContributionsGrp/TotalAmt0226954
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt077880
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt082574
IRS990/PrincipalOfficerNm0Tom Weidenhamer
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0Sewer Sales
IRS990/ProgramServiceRevenueGrp/Desc1Water Sales
IRS990/ProgramServiceRevenueGrp/Desc2Other Services
IRS990/ProgramServiceRevenueGrp/Desc3Reused Water Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07918057
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15983545
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2263145
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3200659
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07918057
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15983545
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2263145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3200659
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01534520
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt050418
IRS990/PYOtherExpensesAmt06477945
IRS990/PYOtherRevenueAmt0-13957
IRS990/PYProgramServiceRevenueAmt013266463
IRS990/PYRevenuesLessExpensesAmt04078281
IRS990/PYSalariesCompEmpBnftPaidAmt04281218
IRS990/PYTotalExpensesAmt010759163
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014837444
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04030584
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt027703105
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt030977576
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04134397
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010582393
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt052883381
IRS990ScheduleD/BuildingsGrp/DepreciationAmt032519395
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt085402776
IRS990ScheduleD/EquipmentGrp/BookValueAmt0846258
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0846258
IRS990ScheduleD/ExpensesNotReportedAmt064274
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011205120
IRS990ScheduleD/LandGrp/BookValueAmt02058074
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02058074
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01028407
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01940002
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02968409
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt070868
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110146562
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt291698
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt380000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Loan and bond costs (net)
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Investment in WRP, Inc.
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Regional Utility Authority
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3NWF Water Mange/Srf Grant
IRS990ScheduleD/OtherExpensesIncludedAmt064274
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0658075
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Refundable Membership Fees
IRS990ScheduleD/OtherRevenueAmt011509
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0703348
IRS990ScheduleD/RevenueNotReportedAmt011509
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0703348
IRS990ScheduleD/RevenueSubtotalAmt014532356
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Gain on Sale of Equipment 11,508. Rounding 1.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Member contributions 703,348.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Depreciation 64,274.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt056816120
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010389128
IRS990ScheduleD/TotalExpensesPerForm990Amt011205120
IRS990ScheduleD/TotalLiabilityAmt0658075
IRS990ScheduleD/TotalRevenuePerForm990Amt015235704
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014543865
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011269394
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Tom Weidenhamer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Officer on organziation's Board of Directors.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Interested party owns a printing company that occasionally sells checks to the organization. The organziation's Board of Directors is aware of the relationship.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board member, Tom Weidenhamer, owns a printing company the organziation does business with. Board of directors is aware of these transactions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors consist of nine members who are elected by the members of the organization. A member is anyone that has a meter connection and has paid their refundable fee of $30 at the time they apply for water service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any change in the corporation bylaws are voted on at the Annual Meeting held the 1st Monday in March.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is given to the President of the corporation for his review and signature and then mailed to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All board members are aware of the policy and none have ever failed to voluntarily disclose. The policy is provided to all new board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board of Directors annually determine compensation for the General Manager based on performance evaluation and the job market. The General Manager determines compensation for Senior Managers based on performance evaluation and the job market.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents are provided to the Florida Secretary of State and are available upon request from a member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Organization's governing documents and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Amortization of Capital Contributions -1,169,820. Excess book depreciation -64,274. Excess book gain on asset disposition 11,508. Rounding
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The organization has a separate Audit Committee that assumes responsibility for oversight of the audit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part XI, Line 2c
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WRP Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0593405130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(12)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Provide potable water to two water utilities in Walton and Okaloosa counties
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0P O Box 308
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Destin
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd032541
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt076449483

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$82,949,176
Liabilities
$25,036,955
Net assets
$57,912,221
Revenue
$15,235,704
Expenses
$11,205,120
Net income
$4,030,584
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$135$40.6$94.5$20.2$17.6$2.59
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$134$42.6$91.2$20.5$17.1$3.43
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$134$46.4$87.8$20.4$15.9$4.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$33.3$83.5$20.5$14.8$5.67
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$35.6$78.3$17.1$14.4$2.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$111$36.3$75.1$19.1$14.1$4.95
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.1$20.8$70.3$17.3$13.4$3.88
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$88.7$22.1$66.6$18.1$13.2$4.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$85.3$23.5$61.8$16.6$12.6$3.99
2015Detailed filing. Detailed filing data is available for this year.$82.9$25.0$57.9$15.2$11.2$4.03
2014Detailed filing. Detailed filing data is available for this year.$76.4$21.3$55.1$14.8$10.8$4.08
2013Detailed filing. Detailed filing data is available for this year.$75.1$22.9$52.2$12.5$10.8$1.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.0$24.3$51.7$9.93
2011Summary only. Only limited summary data is available for this year.$69.7$20.1$49.6$11.0$11.0$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.7$15.2$49.5$10.7
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)12 • $50M-$100M nonprofits