Civic Intelligence

Southeastern Water Association Inc

990 • Fiscal year 2016 • EIN 61-1282354

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

Organization ProfileWWW.SOUTHEASTERNWATER.ORG

View Organization Page

147 East Somerset Church RdSomerset, KY 42503

(606) 678-5501

Siviq Scores

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

Liabilities / Assets

28th percentile

0.41x

Higher debt load relative to assets than 28% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

4.35x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Net Margin

67th percentile

4.9%

Higher net margin than 67% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

13th percentile

$69,227

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Asset Growth

20th percentile

-0.3%

Faster asset growth than 20% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-8.2%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets28th percentile

Assets

Flat

$28,365,647

Flat from 2016

Net Assets

Flat

$16,805,033

Flat from 2016

Liabilities

Flat

$11,560,614

Flat from 2016

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin67th percentile

Revenue

Flat

$2,656,103

Flat from 2016

Expenses

Flat

$2,526,209

Flat from 2016

Net Income

Flat

$129,894

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$40M$30M$20M$10M$0Assets 2011: $26,051,411Liabilities 2011: $12,821,062Net Assets 2011: $13,230,3492011Assets 2012: $27,534,984Liabilities 2012: $12,838,319Net Assets 2012: $14,696,6652012Assets 2013: $27,932,838Liabilities 2013: $12,322,078Net Assets 2013: $15,610,7602013Assets 2014: $28,088,077Liabilities 2014: $11,892,629Net Assets 2014: $16,195,4482014Assets 2015: $28,437,746Liabilities 2015: $11,762,607Net Assets 2015: $16,675,1392015Assets 2016: $28,365,647Liabilities 2016: $11,560,614Net Assets 2016: $16,805,0332016Assets 2016: $28,365,647Liabilities 2016: $11,560,614Net Assets 2016: $16,805,0332016Assets 2017: $28,124,034Liabilities 2017: $11,193,996Net Assets 2017: $16,930,0382017Assets 2018: $27,719,230Liabilities 2018: $10,918,600Net Assets 2018: $16,800,6302018Assets 2019: $27,378,132Liabilities 2019: $10,583,744Net Assets 2019: $16,794,3882019Assets 2020: $28,342,307Liabilities 2020: $10,712,126Net Assets 2020: $17,630,1812020Assets 2021: $31,183,377Liabilities 2021: $12,487,264Net Assets 2021: $18,696,1132021Assets 2022: $31,125,318Liabilities 2022: $11,785,797Net Assets 2022: $19,339,5212022Assets 2023: $30,607,991Liabilities 2023: $11,005,165Net Assets 2023: $19,602,8262023Assets 2024: $33,125,781Liabilities 2024: $11,499,593Net Assets 2024: $21,626,1882024

Highlighted filing

2016

Assets$28,365,647
Liabilities$11,560,614
Net Assets$16,805,033
Open 2016 Filing

Operations Trend

Revenue Growth8th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,023,174Expenses 2011: $1,916,386Net Income 2011: $1,106,7882011Revenue 2012: $3,514,744Expenses 2012: $2,147,361Net Income 2012: $1,367,3832012Revenue 2013: $3,119,550Expenses 2013: $2,245,774Net Income 2013: $873,7762013Revenue 2014: $3,051,307Expenses 2014: $2,560,847Net Income 2014: $490,4602014Revenue 2015: $2,894,148Expenses 2015: $2,476,802Net Income 2015: $417,3462015Revenue 2016: $2,656,103Expenses 2016: $2,526,209Net Income 2016: $129,8942016Revenue 2016: $2,656,103Expenses 2016: $2,526,209Net Income 2016: $129,8942016Revenue 2017: $2,503,528Expenses 2017: $2,446,568Net Income 2017: $56,9602017Revenue 2018: $2,177,958Expenses 2018: $2,306,888Net Income 2018: -$128,9302018Revenue 2019: $4,310,534Expenses 2019: $4,335,148Net Income 2019: -$24,6142019Revenue 2020: $5,087,693Expenses 2020: $4,052,819Net Income 2020: $1,034,8742020Revenue 2021: $5,722,292Expenses 2021: $4,656,360Net Income 2021: $1,065,9322021Revenue 2022: $5,680,102Expenses 2022: $5,036,694Net Income 2022: $643,4082022Revenue 2023: $5,679,158Expenses 2023: $4,788,655Net Income 2023: $890,5032023Revenue 2024: $6,698,966Expenses 2024: $5,317,852Net Income 2024: $1,381,1142024

Highlighted filing

2016

Revenue$2,656,103
Expenses$2,526,209
Net Income$129,894
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$4,067,440
Mission and Program Overview

Mission

To provide water supply and services to the members of the association

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,931,459$22,904,498▼ $26,961
Savings and Temporary Cash Investments$4,168,887$3,981,473▼ $187,414
Cash and Non-Interest-Bearing Accounts$876,403$1,014,140▲ $137,737
Accounts Receivable$291,082$336,068▲ $44,986
Inventories for Sale or Use$127,565$87,095▼ $40,470
Prepaid Expenses and Deferred Charges$42,347$42,373▲ $26
Total Assets$28,437,746$28,365,647▼ $72,099
Other Assets Total$3--
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,428,220$11,144,427▼ $283,793
Accounts Payable and Accrued Expenses$334,387$416,187▲ $81,800
Total Liabilities$11,762,607$11,560,614▼ $201,993
Net Assets / Fund Balance
Unrestricted Net Assets$15,911,979$15,636,011▼ $275,968
Temporarily Rstr Net Assets$643,160$1,049,022▲ $405,862
Permanently Rstr Net Assets$120,000$120,000→ $0
Total Net Assets Fund Balance$16,675,139$16,805,033▲ $129,894
Total Liabilities and Net Assets / Fund Balance$28,437,746$28,365,647▼ $72,099

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,704,938$12,507,474$35,212,412
Buildings$148,658$430,868$579,526
Land$50,902-$50,902
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Morris VaughnManagerFT$69,227$69,227
Bobby CrowDirectorPT$6,000$6,000
Ernest Stout JrDirectorPT$6,000$6,000
Grant TreadoDirectorPT$6,000$6,000
Joe D CrawfordDirectorPT$6,000$6,000
Wade BumgardnerDirectorPT$6,000$6,000
William H PhelpsDirectorPT$6,000$6,000

Board Members and Trustees

NameTitle
Dwight FaulknerDirector
Mark O DavisDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$40,245
Program Service Revenue
$0
Investment Income
$17,917
Other Revenue
$2,597,941
All Other Contributions
$35,535
Change in Net Assets
$129,894

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,669,985
Revenue Not Reported on Financial Statements
$-13,882
Other Revenue Adjustments
$-13,882
Total Revenue per Audited Statements
$2,669,985
Total Revenue per Form 990
$2,656,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,048,572
Salaries, Compensation, and Employee Benefits$477,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$928,342$15,041-$943,383
Interest$389,109--$389,109
Other Salaries and Wages$314,972--$314,972
Insurance$188,696--$188,696
Current Officers, Directors, Trustees, and Key Employees$108,727--$108,727
Other Expenses$102,529--$102,529
Fees for Services Accounting$72,872--$72,872
Office Expenses$48,379--$48,379
All Other Expenses$45,695--$45,695
Payroll Taxes$30,645--$30,645
Pension Plan Contributions$23,293--$23,293
Occupancy$14,010--$14,010
Fees for Services Legal$5,920--$5,920
Advertising$2,927--$2,927
Total Functional Expenses$2,511,168$15,041$0$2,526,209

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,540,091
Expenses per Audited Statements$2,526,209
Total Expenses per Form 990$2,526,209
Expenses Not Reported on Form 990$13,882
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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

Members or stockholder classes and rights Part VI line 6

“The board of directors of the association meets monthly and the meeting is open to all members. The association also has an annual members meeting.”

Member election for additional members Part VI line 7A

“The board of directors are appointed at the annual meeting and all members have voting rights.”

Governing body decisions Part VI line 7B

“Members have a right to attend meetings and vote on new directors if they do not approve of the decisions being made by current giverning body”

Form 990 governing body review Part VI line 11

“The members of teh board of directors have a copy of the form 990 made available to them at monthly meeting”

CEO executive director top management comp Part VI line 15A

“The board reviews the salaries of other water associations with similar membership size, service capcity and terrain in determining the salaries of top management as well as other paid positions within the association”

Other officer or key employee compensation Part VI line 15B

“The board reviews the salaries of other water associations with similar membership size, service capcity and terrain in determining the salaries of top management as well as other paid positions within the association”

Governing documents etc available to public Part VI line 19

“The organizations governing documents are available at the local office and are available upon request. Financial statements are provided monthly at member meetings and are availbale at local office upon request. Annual financial statements are filed with the public service commission and those are available to the public at the psc web site. A copy of the audited financial statements is also available at the same web site.”

Filing and Contact Details

Filer

Filer Name
Southeastern Water Association Inc
EIN
61-1282354
Address
147 EAST SOMERSET CHURCH RD, SOMERSET, KY 42503

Signing Officer

Name
Morris Vaughn
Title
Manager
Phone
6066785501
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
11

Preparer

Firm
Barry D Daulton CPA PSC
Address
423 E Mount Vernon St, Somerset, KY 42501
Preparer
Barry D Daulton
Phone
6066799344
Supplemental Narrative

Financial Statement Notes

Other revenues included on Form 990 (Part XI, line 4B)

“Revenue on form 990 is less as it is net of bad debt”

Other expenses not included on Form 990 (Part XII, line 2D)

“Expenses on audited financial statements are more than on teh form 990 as they include the bad debt that has been subtracted from income on form 990 to get net revenues”

Raw XML Appendix388 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/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1AUTO & TRUCK
IRS990/OtherExpensesGrp/Desc2WATER ANALYSIS
IRS990/OtherExpensesGrp/Desc3CUSTOMER BILLING
IRS990/OtherExpensesGrp/ProgramServicesAmt0179233
IRS990/OtherExpensesGrp/ProgramServicesAmt144119
IRS990/OtherExpensesGrp/ProgramServicesAmt211700
IRS990/OtherExpensesGrp/ProgramServicesAmt3102529
IRS990/OtherExpensesGrp/TotalAmt0179233
IRS990/OtherExpensesGrp/TotalAmt144119
IRS990/OtherExpensesGrp/TotalAmt211700
IRS990/OtherExpensesGrp/TotalAmt3102529
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0314972
IRS990/OtherSalariesAndWagesGrp/TotalAmt0314972
IRS990/OtherSourcesGrossIncomeAmt00
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt030645
IRS990/PayrollTaxesGrp/TotalAmt030645
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt023293
IRS990/PensionPlanContributionsGrp/TotalAmt023293
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0120000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0120000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042347
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt042373
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0129894
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt035535
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04168887
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03981473
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0148658
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0430868
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0579526
IRS990ScheduleD/EquipmentGrp/BookValueAmt022704938
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012507474
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035212412
IRS990ScheduleD/ExpensesNotReportedAmt013882
IRS990ScheduleD/ExpensesSubtotalAmt02526209
IRS990ScheduleD/LandGrp/BookValueAmt050902
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050902
IRS990ScheduleD/OtherExpensesIncludedAmt013882
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-13882
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-13882
IRS990ScheduleD/RevenueSubtotalAmt02669985
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REVENUE ON FORM 990 IS LESS AS IT IS NET OF BAD DEBT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENSES ON AUDITED FINANCIAL STATEMENTS ARE MORE THAN ON TEH FORM 990 AS THEY INCLUDE THE BAD DEBT THAT HAS BEEN SUBTRACTED FROM INCOME ON FORM 990 TO GET NET REVENUES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Other revenues included on Form 990 (Part XI, line 4b)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Other expenses not included on Form 990 (Part XII, line 2d)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022904498
IRS990ScheduleD/TotalExpensesPerForm990Amt02526209
IRS990ScheduleD/TotalRevenuePerForm990Amt02656103
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02669985
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02540091
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS OF THE ASSOCIATION MEETS MONTHLY AND THE MEETING IS OPEN TO ALL MEMBERS. THE ASSOCIATION ALSO HAS AN ANNUAL MEMBERS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE APPOINTED AT THE ANNUAL MEETING AND ALL MEMBERS HAVE VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS HAVE A RIGHT TO ATTEND MEETINGS AND VOTE ON NEW DIRECTORS IF THEY DO NOT APPROVE OF THE DECISIONS BEING MADE BY CURRENT GIVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF TEH BOARD OF DIRECTORS HAVE A COPY OF THE FORM 990 MADE AVAILABLE TO THEM AT MONTHLY MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS THE SALARIES OF OTHER WATER ASSOCIATIONS WITH SIMILAR MEMBERSHIP SIZE, SERVICE CAPCITY AND TERRAIN IN DETERMINING THE SALARIES OF TOP MANAGEMENT AS WELL AS OTHER PAID POSITIONS WITHIN THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS THE SALARIES OF OTHER WATER ASSOCIATIONS WITH SIMILAR MEMBERSHIP SIZE, SERVICE CAPCITY AND TERRAIN IN DETERMINING THE SALARIES OF TOP MANAGEMENT AS WELL AS OTHER PAID POSITIONS WITHIN THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE AT THE LOCAL OFFICE AND ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PROVIDED MONTHLY AT MEMBER MEETINGS AND ARE AVAILBALE AT LOCAL OFFICE UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE FILED WITH THE PUBLIC SERVICE COMMISSION AND THOSE ARE AVAILABLE TO THE PUBLIC AT THE PSC WEB SITE. A COPY OF THE AUDITED FINANCIAL STATEMENTS IS ALSO AVAILABLE AT THE SAME WEB SITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0643160
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01049022
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt028437746
IRS990/TotalAssetsEOYAmt028365647
IRS990/TotalAssetsGrp/BOYAmt028437746
IRS990/TotalAssetsGrp/EOYAmt028365647
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt040245
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015041
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02511168
IRS990/TotalFunctionalExpensesGrp/TotalAmt02526209
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011762607
IRS990/TotalLiabilitiesEOYAmt011560614
IRS990/TotalLiabilitiesGrp/BOYAmt011762607
IRS990/TotalLiabilitiesGrp/EOYAmt011560614
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016675139
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016805033
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02511168
IRS990/TotalReportableCompFromOrgAmt0105227
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02615858
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02656103
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028437746
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt028365647
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt015911979
IRS990/UnrestrictedNetAssetsGrp/EOYAmt015636011
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTP://WWW.SOUTHEASTERNWATER.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MORRIS VAUGHN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum06066785501
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHEASTERN WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0611282354
ReturnHeader/Filer/USAddress/AddressLine1Txt0147 EAST SOMERSET CHURCH RD
ReturnHeader/Filer/USAddress/CityNm0SOMERSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042503
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B6063B48254600CF4551B8D6783E21F68DCD2F41
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B6063B48254600CF4551B8D6783E21F68DCD2F41
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06167482017319yifec4d
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-11-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.139.74.227
ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTm015:51:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300073956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Barry D Daulton CPA PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0423 E Mount Vernon St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Somerset
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042501
ReturnHeader/PreparerPersonGrp/PhoneNum06066799344
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Barry D Daulton
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-15T08:40:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,365,647
Liabilities
$11,560,614
Net assets
$16,805,033
Revenue
$2,656,103
Expenses
$2,526,209
Net income
$129,894
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.1$11.5$21.6$6.70$5.32$1.38
2023Summary only. Only limited summary data is available for this year.$30.6$11.0$19.6$5.68$4.79$0.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$11.8$19.3$5.68$5.04$0.64
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$12.5$18.7$5.72$4.66$1.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$10.7$17.6$5.09$4.05$1.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$10.6$16.8$4.31$4.34$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.7$10.9$16.8$2.18$2.31$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.1$11.2$16.9$2.50$2.45$0.06
2016Detailed filing. Detailed filing data is available for this year.$28.4$11.6$16.8$2.66$2.53$0.13
2016Summary only. Only limited summary data is available for this year.$28.4$11.6$16.8$2.66$2.53$0.13
2015Summary only. Only limited summary data is available for this year.$28.4$11.8$16.7$2.89$2.48$0.42
2014Summary only. Only limited summary data is available for this year.$28.1$11.9$16.2$3.05$2.56$0.49
2013Summary only. Only limited summary data is available for this year.$27.9$12.3$15.6$3.12$2.25$0.87
2012Summary only. Only limited summary data is available for this year.$27.5$12.8$14.7$3.51$2.15$1.37
2011Summary only. Only limited summary data is available for this year.$26.1$12.8$13.2$3.02$1.92$1.11