Civic Intelligence

Auburn Water System Inc

990 • Fiscal year 2025 • EIN 59-1368568

Jul 01, 2024 to Jun 30, 2025 • Filed on Nov 25, 2025

Organization ProfileN/A

View Organization Page

3097 Locke LaneCrestview, FL 32536

(850) 682-3413

Siviq Scores

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

Liabilities / Assets

39th percentile

0.07x

Higher debt load relative to assets than 39% of similar nonprofits.

2025 filings • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

54th percentile

0.26x

Higher debt load relative to revenue than 54% of similar nonprofits.

2025 filings • $25M-$50M nonprofits • Source year 2025

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

2025 filings • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

28th percentile

$154,380

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2025 filings • $25M-$50M nonprofits • Source year 2025

Asset Growth

79th percentile

14%

Faster asset growth than 79% of similar nonprofits.

2025 filings • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

2025 filings • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$31,469,645

Up $3,751,658 (+14%) from 2024

Net Assets

Up

$29,123,386

Up $3,227,516 (+12%) from 2024

Liabilities

Up

$2,346,259

Up $524,142 (+29%) from 2024

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin84th percentile

Revenue

Up

$8,916,389

Up $1,305,408 (+17%) from 2024

Expenses

Up

$5,688,873

Up $513,508 (+9.9%) from 2024

Net Income

Up

$3,227,516

Up $791,900 (+33%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$40M$30M$20M$10M$0Assets 2011: $16,757,133Liabilities 2011: $6,458,953Net Assets 2011: $10,298,1802011Assets 2012: $17,318,457Liabilities 2012: $5,965,717Net Assets 2012: $11,352,7402012Assets 2013: $17,427,350Liabilities 2013: $5,580,139Net Assets 2013: $11,847,2112013Assets 2014: $17,804,337Liabilities 2014: $5,696,682Net Assets 2014: $12,107,6552014Assets 2015: $18,271,657Liabilities 2015: $5,569,417Net Assets 2015: $12,702,2402015Assets 2016: $18,174,543Liabilities 2016: $4,912,402Net Assets 2016: $13,262,1412016Assets 2017: $18,110,975Liabilities 2017: $4,111,781Net Assets 2017: $13,999,1942017Assets 2018: $18,028,494Liabilities 2018: $3,422,541Net Assets 2018: $14,605,9532018Assets 2019: $18,648,013Liabilities 2019: $3,394,813Net Assets 2019: $15,253,2002019Assets 2020: $18,989,100Liabilities 2020: $2,114,549Net Assets 2020: $16,874,5512020Assets 2021: $20,028,267Liabilities 2021: $1,232,552Net Assets 2021: $18,795,7152021Assets 2022: $22,363,702Liabilities 2022: $1,409,346Net Assets 2022: $20,954,3562022Assets 2023: $25,260,806Liabilities 2023: $1,800,552Net Assets 2023: $23,460,2542023Assets 2024: $27,717,987Liabilities 2024: $1,822,117Net Assets 2024: $25,895,8702024Assets 2025: $31,469,645Liabilities 2025: $2,346,259Net Assets 2025: $29,123,3862025

Highlighted filing

2025

Assets$31,469,645
Liabilities$2,346,259
Net Assets$29,123,386
Open 2025 Filing

Operations Trend

Revenue Growth72nd percentile

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

$10M$5.0M$0Expenses 2011: $2,537,5542011Expenses 2012: $2,490,2942012Expenses 2013: $2,605,5532013Revenue 2014: $3,050,364Expenses 2014: $2,722,818Net Income 2014: $327,5462014Revenue 2015: $3,427,025Expenses 2015: $2,763,484Net Income 2015: $663,5412015Revenue 2016: $3,432,220Expenses 2016: $2,803,360Net Income 2016: $628,8602016Revenue 2017: $3,744,955Expenses 2017: $2,929,571Net Income 2017: $815,3842017Revenue 2018: $3,788,003Expenses 2018: $3,102,910Net Income 2018: $685,0932018Revenue 2019: $3,910,607Expenses 2019: $3,185,028Net Income 2019: $725,5792019Revenue 2020: $4,821,278Expenses 2020: $3,381,174Net Income 2020: $1,440,1042020Revenue 2021: $5,466,387Expenses 2021: $3,461,580Net Income 2021: $2,004,8072021Revenue 2022: $6,295,559Expenses 2022: $3,866,921Net Income 2022: $2,428,6382022Revenue 2023: $7,069,979Expenses 2023: $4,468,043Net Income 2023: $2,601,9362023Revenue 2024: $7,610,981Expenses 2024: $5,175,365Net Income 2024: $2,435,6162024Revenue 2025: $8,916,389Expenses 2025: $5,688,873Net Income 2025: $3,227,5162025

Highlighted filing

2025

Revenue$8,916,389
Expenses$5,688,873
Net Income$3,227,516
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 25, 2025
Return Version
2024v5.2
Gross Receipts
$9,004,408
Mission and Program Overview

Mission

To provide water utility services under retail and wholesale agreements to members in okaloosa county north of crestview, florida.

To provide an adequate supply of potable water to our customers at reasonable rates sufficient to cover the continuing operations and upgrades of the water system. To provide exemplary service to our customers. To treat employees and customers with integrigy, respect and courtesy. To comply with all regulatory rules and standards. To strive to make auburn water system the highest rated water system in florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$22,577,620$25,805,136▲ $3,227,516
Land, Buildings, and Equipment, Net$17,731,473$19,630,531▲ $1,899,058
Savings and Temporary Cash Investments$4,605,780$8,395,808▲ $3,790,028
Pd in Cap Srpls Land Bldg Eqp Fund$3,318,250$3,318,250→ $0
Cash and Non-Interest-Bearing Accounts$3,498,053$1,659,130▼ $1,838,923
Inventories for Sale or Use$1,015,307$960,592▼ $54,715
Accounts Receivable$843,902$798,275▼ $45,627
Prepaid Expenses and Deferred Charges$20,750$22,587▲ $1,837
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$27,717,987$31,469,645▲ $3,751,658
Other Assets Total$2,722$2,722→ $0
Liabilities
Deferred Revenue$753,429$1,084,142▲ $330,713
Other Liabilities$680,315$715,552▲ $35,237
Accounts Payable and Accrued Expenses$388,373$546,565▲ $158,192
Total Liabilities$1,822,117$2,346,259▲ $524,142
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,895,870$29,123,386▲ $3,227,516
Total Liabilities and Net Assets / Fund Balance$27,717,987$31,469,645▲ $3,751,658

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$17,257,050$9,868,151$27,125,201
Buildings$1,188,538$1,244,079$2,432,617
Equipment$560,373$1,862,220$2,422,593
Land$534,540-$534,540
Leasehold Improvements$90,030$44,814$134,844
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael KapotsyGeneral ManagerFT$154,380$154,380
Richard LauxOperations & Maintenance MFT$115,741$115,741
Julie HooksFinance ManagerFT$110,994$110,994
Joe KearleyPresident-$12,724$12,724
Brenda SmithVice President-$8,594$8,594
Timothy BryantSecretary-$8,594$8,594
Mary RankinDirector-$8,167$8,167
Darren MarshallDirector-$7,219$7,219
Aubrey SimsDirector-$7,105$7,105
Steve H FowlerDirector-$5,500$5,500
Paul MartinDirector-$1,000$1,000
Lucy SmithDirector-$633$633

Highest Paid Contractors

ContractorServicesLocationCompensation
Donald Smith Company INCInstallation Of Well Pump And Motor746 EAST MAIN STREET, Headland, AL 36345$162,412
Revenue and Support

Revenue Composition

Contributions and Grants
$1,311,960
Program Service Revenue
$5,969,722
Investment Income
$349,613
Other Revenue
$1,285,094
All Other Contributions
$1,311,960
Change in Net Assets
$3,227,516

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,604,429
Revenue Not Reported on Financial Statements
$1,311,960
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,311,960
Total Revenue per Audited Statements
$7,604,429
Total Revenue per Form 990
$8,916,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,185,193
Other Expenses$2,503,680
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,652,203
Other Employee Benefits---$825,806
Depreciation Depletion---$808,180
Current Officers, Directors, Trustees, and Key Employees---$440,651
Office Expenses---$263,878
Occupancy---$258,956
Payroll Taxes---$173,366
Insurance---$156,033
Pension Plan Contributions---$93,167
Other Expenses---$54,199
All Other Expenses---$44,592
Fees for Services Other---$42,165
Information Technology---$35,934
Fees for Services Legal---$26,129
Fees for Services Accounting---$22,225
Travel---$8,051
Advertising---$253
Total Functional Expenses$0$0$0$5,688,873

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,688,873
Expenses per Audited Statements$5,571,954
Total Expenses per Audited Statements$5,571,954
Expenses Not Reported on Financial Statements$116,919
Other Expense Adjustments$116,919
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$715,552
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Each person or entity that makes a deposit and pays monthly bill for water service shall be considered a member.”

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

“The board of directors shall be elected by a vote of a majority of the voting members.”

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

“Each member is entitled to vote upon each matter submitted at the meeting of the members.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed by the board at the monthly meetings prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to complete the statement of financial interest prior to election. Conflicts of interest policies are addressed in the employee manual that is approved by the board.”

Form 990, Part VI, Section B, Line 15

“The salary structure is determined by comparing salaries to equivalent positions with other water systems within the county. All salaries are approved by the board when the budget is approved.”

Form 990, Part VI, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Auburn Water System Inc
EIN
59-1368568
Phone
8506823413
Address
3097 LOCKE LANE, CRESTVIEW, FL 32536

Signing Officer

Name
Brenda Smith
Title
Vice-president
Phone
8506851516
Signed
2025-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brenda Smith
Formed
1969
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
41
Volunteers
0

Preparer

Firm
Warren Averett LLC
Address
36474C EMERALD COAST PKWY SUITE, 3301, DESTIN, FL 32541
Preparer
Patricia a Baker CPA
Phone
8508370398
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Contributions from members and developers 1,311,960.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Cumulative effect of change in accounting principal 116,919.”

Raw XML AppendixShowing 400 of 476 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/InsuranceGrp/TotalAmt0156033
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01015307
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0960592
IRS990/InvestmentIncomeGrp/ExclusionAmt0315946
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0315946
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013019264
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017731473
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019630531
IRS990/LandBldgEquipCostOrOtherBssAmt032649795
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt088019
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt07982670
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE WATER UTILITY SERVICES UNDER RETAIL AND WHOLESALE AGREEMENTS TO MEMBERS IN OKALOOSA COUNTY NORTH OF CRESTVIEW, FLORIDA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt025895870
IRS990/NetAssetsOrFundBalancesEOYAmt029123386
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt033667
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt033667
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0584106
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0584106
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0258956
IRS990/OfficeExpensesGrp/TotalAmt0263878
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02722
IRS990/OtherAssetsTotalGrp/EOYAmt02722
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0825806
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3VEHICLE EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0525188
IRS990/OtherExpensesGrp/TotalAmt1183202
IRS990/OtherExpensesGrp/TotalAmt274695
IRS990/OtherExpensesGrp/TotalAmt354199
IRS990/OtherLiabilitiesGrp/BOYAmt0680315
IRS990/OtherLiabilitiesGrp/EOYAmt0715552
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/BusinessCd1900001
IRS990/OtherRevenueMiscGrp/BusinessCd2900001
IRS990/OtherRevenueMiscGrp/Desc0DEVELOPMENT REVIEW AND
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc2CONVENIENCE FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0498778
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1103558
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt298652
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0498778
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1103558
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt298652
IRS990/OtherRevenueTotalAmt0700988
IRS990/OtherSalariesAndWagesGrp/TotalAmt01652203
IRS990/OtherSourcesGrossIncomeAmt0933719
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0173366
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt03318250
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt03318250
IRS990/PensionPlanContributionsGrp/TotalAmt093167
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020750
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022587
IRS990/PrincipalOfficerNm0BRENDA SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900001
IRS990/ProgramServiceRevenueGrp/BusinessCd1900001
IRS990/ProgramServiceRevenueGrp/BusinessCd2900001
IRS990/ProgramServiceRevenueGrp/BusinessCd3900001
IRS990/ProgramServiceRevenueGrp/BusinessCd4900001
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1TAP CONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc2BACKFLOW PREVENTERS
IRS990/ProgramServiceRevenueGrp/Desc3LATE CHARGES ON SALES
IRS990/ProgramServiceRevenueGrp/Desc4RECONNECTION FEES/SERV
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05107651
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1583669
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2102811
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt387932
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt485860
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05107651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1583669
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2102811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt387932
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt485860
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0354968
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0200185
IRS990/PYOtherExpensesAmt02188972
IRS990/PYOtherRevenueAmt01110319
IRS990/PYProgramServiceRevenueAmt05945509
IRS990/PYRevenuesLessExpensesAmt02435616
IRS990/PYSalariesCompEmpBnftPaidAmt02986393
IRS990/PYTotalExpensesAmt05175365
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07610981
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03227516
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0584106
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt022577620
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt025805136
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04605780
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08395808
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01188538
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01244079
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02432617
IRS990ScheduleD/EquipmentGrp/BookValueAmt0560373
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01862220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02422593
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0116919
IRS990ScheduleD/ExpensesSubtotalAmt05571954
IRS990ScheduleD/LandGrp/BookValueAmt0534540
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0534540
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt090030
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt044814
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0134844
IRS990ScheduleD/OtherExpensesNotIncludedAmt0116919
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017257050
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09868151
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027125201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0715552
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01311960
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01311960
IRS990ScheduleD/RevenueSubtotalAmt07604429
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONTRIBUTIONS FROM MEMBERS AND DEVELOPERS 1,311,960.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPAL 116,919.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019630531
IRS990ScheduleD/TotalExpensesPerForm990Amt05688873
IRS990ScheduleD/TotalLiabilityAmt0715552
IRS990ScheduleD/TotalRevenuePerForm990Amt08916389
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07604429
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05571954
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0154380
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL KAPOTSY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0154380
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH PERSON OR ENTITY THAT MAKES A DEPOSIT AND PAYS MONTHLY BILL FOR WATER SERVICE SHALL BE CONSIDERED A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS SHALL BE ELECTED BY A VOTE OF A MAJORITY OF THE VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER IS ENTITLED TO VOTE UPON EACH MATTER SUBMITTED AT THE MEETING OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE BOARD AT THE MONTHLY MEETINGS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO COMPLETE THE STATEMENT OF FINANCIAL INTEREST PRIOR TO ELECTION. CONFLICTS OF INTEREST POLICIES ARE ADDRESSED IN THE EMPLOYEE MANUAL THAT IS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SALARY STRUCTURE IS DETERMINED BY COMPARING SALARIES TO EQUIVALENT POSITIONS WITH OTHER WATER SYSTEMS WITHIN THE COUNTY. ALL SALARIES ARE APPROVED BY THE BOARD WHEN THE BUDGET IS APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,469,645
Liabilities
$2,346,259
Net assets
$29,123,386
Revenue
$8,916,389
Expenses
$5,688,873
Net income
$3,227,516
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$31.5$2.35$29.1$8.92$5.69$3.23
2024Detailed filing. Detailed filing data is available for this year.$27.7$1.82$25.9$7.61$5.18$2.44
2023Detailed filing. Detailed filing data is available for this year.$25.3$1.80$23.5$7.07$4.47$2.60
2022Detailed filing. Detailed filing data is available for this year.$22.4$1.41$21.0$6.30$3.87$2.43
2021Detailed filing. Detailed filing data is available for this year.$20.0$1.23$18.8$5.47$3.46$2.00
2020Detailed filing. Detailed filing data is available for this year.$19.0$2.11$16.9$4.82$3.38$1.44
2019Detailed filing. Detailed filing data is available for this year.$18.6$3.39$15.3$3.91$3.19$0.73
2018Detailed filing. Detailed filing data is available for this year.$18.0$3.42$14.6$3.79$3.10$0.69
2017Detailed filing. Detailed filing data is available for this year.$18.1$4.11$14.0$3.74$2.93$0.82
2016Detailed filing. Detailed filing data is available for this year.$18.2$4.91$13.3$3.43$2.80$0.63
2015Detailed filing. Detailed filing data is available for this year.$18.3$5.57$12.7$3.43$2.76$0.66
2014Detailed filing. Detailed filing data is available for this year.$17.8$5.70$12.1$3.05$2.72$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$5.58$11.8$2.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$5.97$11.4$2.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$6.46$10.3$2.54