Civic Intelligence

Hudson Water Works Inc

EIN 59-1382465 • 501(c)12 • Hudson, FL

Profile

Sales of water to co-op members.

8724 New York AvenueHudson, FL 34667-3454
Siviq Scores

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

Liabilities / Assets

36th percentile

0.16x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

33rd percentile

0.47x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Net Margin

45th percentile

7.4%

Higher net margin than 45% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

45th percentile

2.2%

Faster asset growth than 45% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

9th percentile

-8.7%

Faster revenue growth than 9% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,241,136

Up $114,555 (+2.2%) from 2024

Liabilities

Down

$857,062

Down $50,402 (-5.6%) from 2024

Net Assets

Up

$4,384,074

Up $164,957 (+3.9%) from 2024

Revenue

Down

$1,811,213

Down $172,033 (-8.7%) from 2024

Expenses

Down

$1,676,683

Down $279,818 (-14%) from 2024

Net Income

Up

$134,530

Up $107,785 (+403%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,907,176Liabilities 2011: $929,643Net Assets 2011: $2,977,5332011Assets 2012: $3,956,319Liabilities 2012: $935,942Net Assets 2012: $3,020,3772012Assets 2013: $4,284,083Liabilities 2013: $1,186,354Net Assets 2013: $3,097,7292013Assets 2014: $4,291,098Liabilities 2014: $1,124,376Net Assets 2014: $3,166,7222014Assets 2015: $4,345,867Liabilities 2015: $1,053,858Net Assets 2015: $3,292,0092015Assets 2016: $4,382,641Liabilities 2016: $994,824Net Assets 2016: $3,387,8172016Assets 2017: $4,381,980Liabilities 2017: $964,279Net Assets 2017: $3,417,7012017Assets 2018: $4,292,163Liabilities 2018: $927,316Net Assets 2018: $3,364,8472018Assets 2019: $4,371,167Liabilities 2019: $872,937Net Assets 2019: $3,498,2302019Assets 2020: $4,444,026Liabilities 2020: $872,961Net Assets 2020: $3,571,0652020Assets 2021: $4,952,162Liabilities 2021: $1,029,242Net Assets 2021: $3,922,9202021Assets 2022: $4,859,486Liabilities 2022: $937,358Net Assets 2022: $3,922,1282022Assets 2023: $5,042,490Liabilities 2023: $911,320Net Assets 2023: $4,131,1702023Assets 2024: $5,126,581Liabilities 2024: $907,464Net Assets 2024: $4,219,1172024Assets 2025: $5,241,136Liabilities 2025: $857,062Net Assets 2025: $4,384,0742025

Highlighted filing

2025

Assets$5,241,136
Liabilities$857,062
Net Assets$4,384,074

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,063,654Expenses 2011: $1,013,332Net Income 2011: $50,3222011Expenses 2012: $1,035,5092012Expenses 2013: $1,064,1792013Revenue 2014: $1,180,446Expenses 2014: $1,135,602Net Income 2014: $44,8442014Revenue 2015: $1,282,641Expenses 2015: $1,180,874Net Income 2015: $101,7672015Revenue 2016: $1,288,273Expenses 2016: $1,230,025Net Income 2016: $58,2482016Revenue 2017: $1,322,557Expenses 2017: $1,307,353Net Income 2017: $15,2042017Revenue 2018: $1,338,477Expenses 2018: $1,426,384Net Income 2018: -$87,9072018Revenue 2019: $1,492,992Expenses 2019: $1,488,409Net Income 2019: $4,5832019Revenue 2020: $1,554,042Expenses 2020: $1,509,007Net Income 2020: $45,0352020Revenue 2021: $1,821,543Expenses 2021: $1,624,888Net Income 2021: $196,6552021Revenue 2022: $1,828,370Expenses 2022: $1,888,189Net Income 2022: -$59,8192022Revenue 2023: $1,957,050Expenses 2023: $1,779,432Net Income 2023: $177,6182023Revenue 2024: $1,983,246Expenses 2024: $1,956,501Net Income 2024: $26,7452024Revenue 2025: $1,811,213Expenses 2025: $1,676,683Net Income 2025: $134,5302025

Highlighted filing

2025

Revenue$1,811,213
Expenses$1,676,683
Net Income$134,530

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.24$0.86$4.38$1.81$1.68$0.13
2024Detailed filing. Detailed filing data is available for this year.$5.13$0.91$4.22$1.98$1.96$0.03
2023Detailed filing. Detailed filing data is available for this year.$5.04$0.91$4.13$1.96$1.78$0.18
2022Detailed filing. Detailed filing data is available for this year.$4.86$0.94$3.92$1.83$1.89$0.06
2021Detailed filing. Detailed filing data is available for this year.$4.95$1.03$3.92$1.82$1.62$0.20
2020Detailed filing. Detailed filing data is available for this year.$4.44$0.87$3.57$1.55$1.51$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.37$0.87$3.50$1.49$1.49$0.00
2018Detailed filing. Detailed filing data is available for this year.$4.29$0.93$3.36$1.34$1.43$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.38$0.96$3.42$1.32$1.31$0.02
2016Detailed filing. Detailed filing data is available for this year.$4.38$0.99$3.39$1.29$1.23$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.35$1.05$3.29$1.28$1.18$0.10
2014Detailed filing. Detailed filing data is available for this year.$4.29$1.12$3.17$1.18$1.14$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$1.19$3.10$1.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$0.94$3.02$1.04
2011Summary only. Only limited summary data is available for this year.$3.91$0.93$2.98$1.06$1.01$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2024 to Oct 31, 2025
Signed
Jan 7, 2026
Return Version
2024v5.0
Gross Receipts
$1,851,046
Mission and Program Overview

Mission

Sales of water to co-op members

Sale of water to co-op members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,379,519$3,358,522▼ $20,997
Rtn Earn Endowment Incm Other Fnds$2,841,226$2,975,753▲ $134,527
Pd in Cap Srpls Land Bldg Eqp Fund$1,377,891$1,408,321▲ $30,430
Savings and Temporary Cash Investments$1,007,477$1,027,049▲ $19,572
Cash and Non-Interest-Bearing Accounts$339,933$360,389▲ $20,456
Inventories for Sale or Use$64,752$153,086▲ $88,334
Accounts Receivable$166,072$142,100▼ $23,972
Prepaid Expenses and Deferred Charges$18,047$100,781▲ $82,734
Investments Other Securities$50,781$49,209▼ $1,572
Total Assets$5,126,581$5,241,136▲ $114,555
Other Assets Total$100,000$50,000▼ $50,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$649,341$589,844▼ $59,497
Other Liabilities$246,653$246,154▼ $499
Accounts Payable and Accrued Expenses$11,470$21,064▲ $9,594
Total Liabilities$907,464$857,062▼ $50,402
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,219,117$4,384,074▲ $164,957
Total Liabilities and Net Assets / Fund Balance$5,126,581$5,241,136▲ $114,555

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,966,126$3,800,798$5,766,924
Equipment$822,956$682,966$1,505,922
Buildings$184,550$389,262$573,812
Land$384,890-$384,890
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Durwood HorakUtil Director (foFT$359,920$359,920
Durwood HorakUtil Director (former)-$359,920$359,920
Jake HenryUtil DirectorFT$104,665$104,665

Board Members and Trustees

NameTitle
Mickey HolodayPresident
Roy SibleyDirector
Todd MattixDirector
Tom MattixDirector
Jim BaisleySecretary
Paula RobinsonTreasurer
Frank FeketeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,779,366
Investment Income
$31,847
Other Revenue
$0
Change in Net Assets
$134,530

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,811,213
Total Revenue per Audited Statements
$1,811,213
Total Revenue per Form 990
$1,811,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$932,968
Other Expenses$743,715
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$601,446
Depreciation Depletion---$240,673
Other Employee Benefits---$145,251
Current Officers, Directors, Trustees, and Key Employees---$104,665
Occupancy---$78,330
Insurance---$73,976
Payroll Taxes---$52,516
All Other Expenses---$52,207
Fees for Services Accounting---$37,875
Interest---$37,500
Office Expenses---$30,296
Pension Plan Contributions---$29,090
Fees for Services Other---$21,048
Other Expenses---$13,020
Fees for Services Legal---$3,919
Total Functional Expenses$0$0$0$1,676,683

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,676,683
Total Expenses per Audited Statements$1,676,683
Total Expenses per Form 990$1,676,683
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
Customer Deposits$200,270
Unearned Revenue$45,884
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization is organized with members.

Form 990, Page 6, Part VI, Line 7A

Members elect the officers annually.

Form 990, Page 6, Part VI, Line 11B

Provided to the board of directors for their approval before filing.

Form 990, Page 6, Part VI, Line 15A

Compensation of the utilities director is determined by the board of directors.

Form 990, Page 6, Part VI, Line 19

Documents are located in the corporate office and are available upon request.

Filing and Contact Details

Filer

Filer Name
Hudson Water Works Inc
EIN
59-1382465
Phone
7278681382
Address
8724 NEW YORK AVENUE, HUDSON, FL 34667-3454

Signing Officer

Name
Jake Henry
Title
Util Director
Phone
7278681382
Signed
2026-01-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jake Henry
Formed
1964
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
14

Preparer

Firm
Kelly Partnersfrs Accountants
Address
1301 66TH ST N, SAINT PETERSBURG, FL 33710-5501
Preparer
Paul E Horowitz
Phone
7273471120
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Initial connection fees 30,430 rounding -3 total 30,427

Raw XML Appendix376 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/PayrollTaxesGrp/TotalAmt052516
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IRS990/ProgramServiceRevenueGrp/Desc1METER READING SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01733302
IRS990/ProgramServiceRevenueGrp/ExclusionAmt146064
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01733302
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt146064
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IRS990/PYInvestmentIncomeAmt049181
IRS990/PYOtherExpensesAmt0841930
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02975753
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0389262
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0822956
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0682966
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01505922
IRS990ScheduleD/ExpensesSubtotalAmt01676683
IRS990ScheduleD/LandGrp/BookValueAmt0384890
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0384890
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01966126
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt03358522
IRS990ScheduleD/TotalExpensesPerForm990Amt01676683
IRS990ScheduleD/TotalLiabilityAmt0246154
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DURWOOD HORAK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0UTIL DIR (FORMER)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0359920
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ORGANIZED WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT THE OFFICERS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF THE UTILITIES DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE LOCATED IN THE CORPORATE OFFICE AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INITIAL CONNECTION FEES 30,430 ROUNDING -3 TOTAL 30,427
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TotalAssetsGrp/EOYAmt05241136
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IRS990/TotalEmployeeCnt014
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01676683
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0907464
IRS990/TotalLiabilitiesEOYAmt0857062
IRS990/TotalLiabilitiesGrp/BOYAmt0907464
IRS990/TotalLiabilitiesGrp/EOYAmt0857062
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04219117
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04384074
IRS990/TotalProgramServiceRevenueAmt01779366
IRS990/TotalReportableCompFromOrgAmt0464585
IRS990/TotalRevenueGrp/ExclusionAmt01806046
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05167
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01811213
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05126581
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05241136
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08724 NEW YORK AVENUE
IRS990/USAddress/CityNm0HUDSON
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0346673454
IRS990/VotingMembersGoverningBodyCnt07
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IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAKE HENRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0UTIL DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07278681382
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HUDSON WATER WORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0HUDS
ReturnHeader/Filer/EIN0591382465
ReturnHeader/Filer/PhoneNum07278681382
ReturnHeader/Filer/USAddress/AddressLine1Txt08724 NEW YORK AVENUE
ReturnHeader/Filer/USAddress/CityNm0HUDSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0346673454
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0994124805
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KELLY PARTNERSFRS ACCOUNTANTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 66TH ST N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PETERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0337105501
ReturnHeader/PreparerPersonGrp/PhoneNum07273471120
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL E HOROWITZ
ReturnHeader/ReturnTs02026-01-27T13:24:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-11-01
ReturnHeader/TaxPeriodEndDt02025-10-31
ReturnHeader/TaxYr02024

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