Civic Intelligence

Rowan Water Inc

990 • Fiscal year 2015 • EIN 61-0701413

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

Organization ProfileN/A

View Organization Page

Refreshing map…

1765 Christy CreekMorehead, KY 40351

(606) 784-9818

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.41x

Higher debt load relative to assets than 53% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

58th percentile

1.71x

Higher debt load relative to revenue than 58% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Net Margin

11th percentile

-8.4%

Higher net margin than 11% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

40th percentile

$53,948

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Asset Growth

12th percentile

-2.7%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

56th percentile

2.5%

Faster revenue growth than 56% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$12,036,781

Down $328,352 (-2.7%) from 2014

Net Assets

Down

$7,079,387

Down $243,909 (-3.3%) from 2014

Liabilities

Down

$4,957,394

Down $84,443 (-1.7%) from 2014

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin11th percentile

Revenue

Up

$2,894,515

Up $71,087 (+2.5%) from 2014

Expenses

Up

$3,138,794

Up $62,150 (+2.0%) from 2014

Net Income

Up

-$244,279

Up $8,937 (+3.5%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$15M$10M$5.0M$0Assets 2010: $11,618,880Liabilities 2010: $4,505,453Net Assets 2010: $7,113,4272010Assets 2011: $11,801,382Liabilities 2011: $4,308,713Net Assets 2011: $7,492,6692011Assets 2012: $12,336,916Liabilities 2012: $5,236,318Net Assets 2012: $7,100,5982012Assets 2013: $12,740,009Liabilities 2013: $5,219,126Net Assets 2013: $7,520,8832013Assets 2014: $12,365,133Liabilities 2014: $5,041,837Net Assets 2014: $7,323,2962014Assets 2015: $12,036,781Liabilities 2015: $4,957,394Net Assets 2015: $7,079,3872015Assets 2016: $11,691,366Liabilities 2016: $4,864,491Net Assets 2016: $6,826,8752016Assets 2017: $11,743,945Liabilities 2017: $5,307,073Net Assets 2017: $6,436,8722017Assets 2018: $12,242,346Liabilities 2018: $5,725,897Net Assets 2018: $6,516,4492018Assets 2019: $11,808,610Liabilities 2019: $5,753,939Net Assets 2019: $6,054,6712019Assets 2020: $12,975,513Liabilities 2020: $6,838,083Net Assets 2020: $6,137,4302020Assets 2021: $12,516,222Liabilities 2021: $6,708,630Net Assets 2021: $5,807,5922021Assets 2022: $11,873,855Liabilities 2022: $6,371,755Net Assets 2022: $5,502,1002022Assets 2023: $11,907,830Liabilities 2023: $6,262,807Net Assets 2023: $5,645,0232023Assets 2024: $14,724,826Liabilities 2024: $7,441,460Net Assets 2024: $7,283,3662024

Highlighted filing

2015

Assets$12,036,781
Liabilities$4,957,394
Net Assets$7,079,387
Open 2015 Filing

Operations Trend

Revenue Growth56th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,890,4972010Expenses 2011: $3,017,1262011Revenue 2012: $2,588,849Expenses 2012: $3,017,314Net Income 2012: -$428,4652012Revenue 2013: $3,361,473Expenses 2013: $2,989,238Net Income 2013: $372,2352013Revenue 2014: $2,823,428Expenses 2014: $3,076,644Net Income 2014: -$253,2162014Revenue 2015: $2,894,515Expenses 2015: $3,138,794Net Income 2015: -$244,2792015Revenue 2016: $2,895,355Expenses 2016: $3,147,867Net Income 2016: -$252,5122016Revenue 2017: $2,956,198Expenses 2017: $3,290,126Net Income 2017: -$333,9282017Revenue 2018: $3,474,298Expenses 2018: $3,394,721Net Income 2018: $79,5772018Revenue 2019: $3,164,780Expenses 2019: $3,626,558Net Income 2019: -$461,7782019Revenue 2020: $3,560,063Expenses 2020: $3,477,304Net Income 2020: $82,7592020Revenue 2021: $3,336,690Expenses 2021: $3,698,435Net Income 2021: -$361,7452021Revenue 2022: $3,360,125Expenses 2022: $3,665,617Net Income 2022: -$305,4922022Revenue 2023: $4,181,121Expenses 2023: $4,038,198Net Income 2023: $142,9232023Revenue 2024: $5,820,812Expenses 2024: $4,182,469Net Income 2024: $1,638,3432024

Highlighted filing

2015

Revenue$2,894,515
Expenses$3,138,794
Net Income-$244,279
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$2,894,515
Mission and Program Overview

Mission

Provide water service to residents in the rowan county area

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,178,313$10,762,219▼ $416,094
Rtn Earn Endowment Incm Other Fnds$7,323,296$7,079,387▼ $243,909
Cash and Non-Interest-Bearing Accounts$447,891$494,974▲ $47,083
Accounts Receivable$252,966$267,609▲ $14,643
Inventories for Sale or Use$131,347$114,403▼ $16,944
Pledges and Grants Receivable-$32,530-
Total Assets$12,365,133$12,036,781▼ $328,352
Other Assets Total$354,616$365,046▲ $10,430
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,635,219$4,527,841▼ $107,378
Accounts Payable and Accrued Expenses$293,064$296,785▲ $3,721
Other Liabilities$113,554$132,768▲ $19,214
Total Liabilities$5,041,837$4,957,394▼ $84,443
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,323,296$7,079,387▼ $243,909
Total Liabilities and Net Assets / Fund Balance$12,365,133$12,036,781▼ $328,352

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$786,772$116,166-
Other Land Buildings$8,876,735$7,454,384-
Land$210,090--
Equipment$888,622$1,413,639-
Other Assets Org$305--
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jerry PatrickGeneral ManagerFT$53,948$53,948
Enoch BlairSecretaryTreasurer-$7,070$7,070
Larry JohnsonPresident-$4,525$4,525
Danny StevensVice President-$4,500$4,500
David SextonDirector-$4,500$4,500
Mike CollinsDirector-$4,200$4,200
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,887,173
Investment Income
$7,342
Other Revenue
$0
Change in Net Assets
$-244,279

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,894,515
Total Revenue per Audited Statements
$2,894,515
Total Revenue per Form 990
$2,894,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,371,489
Salaries, Compensation, and Employee Benefits$767,305
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$515,727--$515,727
Other Salaries and Wages$400,887--$400,887
Other Employee Benefits$219,337--$219,337
Interest$191,647--$191,647
Occupancy$140,101--$140,101
Current Officers, Directors, Trustees, and Key Employees$78,743--$78,743
Other Expenses$76,088--$76,088
Travel$55,213--$55,213
Payroll Taxes$39,667--$39,667
All Other Expenses$39,074--$39,074
Office Expenses$37,296--$37,296
Insurance$32,203--$32,203
Pension Plan Contributions$28,671--$28,671
Fees for Services Legal$27,854--$27,854
Total Functional Expenses$3,138,794$0$0$3,138,794

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,138,794
Total Expenses per Audited Statements$3,138,794
Total Expenses per Form 990$3,138,794
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$132,768
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“All customers are members of the organization”

Form 990 governing body review Part VI line 11

“The examination and discussion of each years form 990 is placed on the agenda of the regular monthly board meeting. The 990 is thoroughly reviewed at that meeting, necessary changes made - if any, and approved by the board.”

Governing documents etc available to public Part VI line 19

“Up to the present, records are made available only upon request.”

Filing and Contact Details

Filer

Filer Name
Rowan Water Inc
EIN
61-0701413
Address
1765 Christy Creek, Morehead, KY 40351

Signing Officer

Name
Jerry Patrick
Title
General Manager
Phone
6067849818
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
1968
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
16

Preparer

Firm
Millhuff-Stang CPA Inc
Address
1428 Gallia Street, Portsmouth, OH 45662
Preparer
Natalie Millhuff-Stang CPA
Phone
7408768548
Supplemental Narrative

Additional Explanations

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

“Tap On Fees (NET): $0, Membership Fees (NET): $370 Capital Contributions Other $0”

Raw XML Appendix353 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0293064
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0296785
IRS990/AccountsReceivableGrp/BOYAmt0252966
IRS990/AccountsReceivableGrp/EOYAmt0267609
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE WATER SERVICE TO RESIDENTS IN THE ROWAN COUNTY AREA
IRS990/AllOtherExpensesGrp/ProgramServicesAmt039074
IRS990/AllOtherExpensesGrp/TotalAmt039074
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Jerry Patrick
IRS990/BooksInCareOfDetail/PhoneNum06067849818
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01765 Christy Creek
IRS990/BooksInCareOfDetail/USAddress/CityNm0Morehead
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040351
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0447891
IRS990/CashNonInterestBearingGrp/EOYAmt0494974
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt078743
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt078743
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07342
IRS990/CYOtherExpensesAmt02371489
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02887173
IRS990/CYRevenuesLessExpensesAmt0-244279
IRS990/CYSalariesCompEmpBnftPaidAmt0767305
IRS990/CYTotalExpensesAmt03138794
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02894515
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0515727
IRS990/DepreciationDepletionGrp/TotalAmt0515727
IRS990/Desc0PROVIDE WATER SERVICE TO RESIDENTS IN THE ROWAN COUNTY AREA
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt016
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt03138794
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt027854
IRS990/FeesForServicesLegalGrp/TotalAmt027854
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Mike Collins
IRS990/Form990PartVIISectionAGrp/PersonNm1David Sexton
IRS990/Form990PartVIISectionAGrp/PersonNm2Larry Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm3Danny Stevens
IRS990/Form990PartVIISectionAGrp/PersonNm4Enoch Blair
IRS990/Form990PartVIISectionAGrp/PersonNm5Jerry Patrick
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24525
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt47070
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt553948
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4SecretaryTreasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5General Manager
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt04500
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt04500
IRS990/GrossReceiptsAmt02894515
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt032203
IRS990/InsuranceGrp/TotalAmt032203
IRS990/InterestGrp/ProgramServicesAmt0191647
IRS990/InterestGrp/TotalAmt0191647
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0131347
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0114403
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02842
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02842
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08984189
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011178313
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010762219
IRS990/LandBldgEquipCostOrOtherBssAmt019746408
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt02887173
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE WATER SERVICE TO RESIDENTS IN THE ROWAN COUNTY AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04635219
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04527841
IRS990/NetAssetsOrFundBalancesBOYAmt07323296
IRS990/NetAssetsOrFundBalancesEOYAmt07079387
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt04500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04500
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0140101
IRS990/OccupancyGrp/TotalAmt0140101
IRS990/OfficeExpensesGrp/ProgramServicesAmt037296
IRS990/OfficeExpensesGrp/TotalAmt037296
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0354616
IRS990/OtherAssetsTotalGrp/EOYAmt0365046
IRS990/OtherChangesInNetAssetsAmt0370
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0219337
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0219337
IRS990/OtherExpensesGrp/Desc0COST OF WATER
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3MISC
IRS990/OtherExpensesGrp/ProgramServicesAmt01060709
IRS990/OtherExpensesGrp/ProgramServicesAmt1149432
IRS990/OtherExpensesGrp/ProgramServicesAmt246145
IRS990/OtherExpensesGrp/ProgramServicesAmt376088
IRS990/OtherExpensesGrp/TotalAmt01060709
IRS990/OtherExpensesGrp/TotalAmt1149432
IRS990/OtherExpensesGrp/TotalAmt246145
IRS990/OtherExpensesGrp/TotalAmt376088
IRS990/OtherLiabilitiesGrp/BOYAmt0113554
IRS990/OtherLiabilitiesGrp/EOYAmt0132768
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0400887
IRS990/OtherSalariesAndWagesGrp/TotalAmt0400887
IRS990/OtherSourcesGrossIncomeAmt07342
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt039667
IRS990/PayrollTaxesGrp/TotalAmt039667
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt028671
IRS990/PensionPlanContributionsGrp/TotalAmt028671
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt032530
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0Water Sales and Related
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02887173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02887173
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt024926
IRS990/PYOtherExpensesAmt02225710
IRS990/PYProgramServiceRevenueAmt02798502
IRS990/PYRevenuesLessExpensesAmt0-253216
IRS990/PYSalariesCompEmpBnftPaidAmt0850934
IRS990/PYTotalExpensesAmt03076644
IRS990/PYTotalRevenueAmt02823428
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-244279
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02894515
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07323296
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07079387
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0786772
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0116166
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0902938
IRS990ScheduleD/EquipmentGrp/BookValueAmt0888622
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01413639
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02302261
IRS990ScheduleD/ExpensesSubtotalAmt03138794
IRS990ScheduleD/LandGrp/BookValueAmt0210090
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0210090
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0364741
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1305
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UTILITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08876735
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07454384
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt016331119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0132768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt02894515
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010762219
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0365046
IRS990ScheduleD/TotalExpensesPerForm990Amt03138794
IRS990ScheduleD/TotalLiabilityAmt0132768
IRS990ScheduleD/TotalRevenuePerForm990Amt02894515
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02894515
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03138794
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All customers are members of the organization
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The examination and discussion of each years form 990 is placed on the agenda of the regular monthly board meeting. The 990 is thoroughly reviewed at that meeting, necessary changes made - if any, and approved by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Up to the present, records are made available only upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Tap On Fees (NET): $0, Membership Fees (NET): $370 Capital Contributions Other $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012365133
IRS990/TotalAssetsEOYAmt012036781
IRS990/TotalAssetsGrp/BOYAmt012365133
IRS990/TotalAssetsGrp/EOYAmt012036781
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03138794
IRS990/TotalFunctionalExpensesGrp/TotalAmt03138794
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05041837
IRS990/TotalLiabilitiesEOYAmt04957394
IRS990/TotalLiabilitiesGrp/BOYAmt05041837
IRS990/TotalLiabilitiesGrp/EOYAmt04957394
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07323296
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07079387
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03138794
IRS990/TotalProgramServiceRevenueAmt02887173
IRS990/TotalReportableCompFromOrgAmt078743
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02894515
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02894515
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012365133
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012036781
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt055213
IRS990/TravelGrp/TotalAmt055213
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jerry Patrick
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0General Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum06067849818
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Rowan Water Inc
ReturnHeader/Filer/BusinessNameControlTxt0ROWA
ReturnHeader/Filer/EIN0610701413
ReturnHeader/Filer/USAddress/AddressLine1Txt01765 Christy Creek
ReturnHeader/Filer/USAddress/CityNm0Morehead
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040351
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270422301
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Millhuff-Stang CPA Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01428 Gallia Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portsmouth
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045662
ReturnHeader/PreparerPersonGrp/PhoneNum07408768548
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Natalie Millhuff-Stang CPA
ReturnHeader/ReturnTs02016-08-11T15:21:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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
$12,036,781
Liabilities
$4,957,394
Net assets
$7,079,387
Revenue
$2,894,515
Expenses
$3,138,794
Net income
-$244,279
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$7.44$7.28$5.82$4.18$1.64
2023Summary only. Only limited summary data is available for this year.$11.9$6.26$5.65$4.18$4.04$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$6.37$5.50$3.36$3.67$0.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$6.71$5.81$3.34$3.70$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$6.84$6.14$3.56$3.48$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$5.75$6.05$3.16$3.63$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$5.73$6.52$3.47$3.39$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$5.31$6.44$2.96$3.29$0.33
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$4.86$6.83$2.90$3.15$0.25
2015Detailed filing. Detailed filing data is available for this year.$12.0$4.96$7.08$2.89$3.14$0.24
2014Detailed filing. Detailed filing data is available for this year.$12.4$5.04$7.32$2.82$3.08$0.25
2013Detailed filing. Detailed filing data is available for this year.$12.7$5.22$7.52$3.36$2.99$0.37
2012Summary only. Only limited summary data is available for this year.$12.3$5.24$7.10$2.59$3.02$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$4.31$7.49$3.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$4.51$7.11$2.89