Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.58x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
59th percentile
Higher top officer pay than 59% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Down$3,465,222
Down $108,655 (-3.0%) from 2013
Net Assets
Up$1,467,360
Up $22,632 (+1.6%) from 2013
Liabilities
Down$1,997,862
Down $131,287 (-6.2%) from 2013
Revenue And Expenses
Revenue
$604,110
No earlier filing loaded for comparison.
Expenses
Down$581,478
Down $59,963 (-9.3%) from 2013
Net Income
$22,632
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2013 to Jun 30, 2014
- Signed
- Nov 15, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $604,110
Mission and Program Overview
Mission
Provides water for approximately two thousand members.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,872,159 | $2,769,888 | ▼ $102,271 |
| Savings and Temporary Cash Investments | $566,563 | $546,348 | ▼ $20,215 |
| Accounts Receivable | $61,224 | $65,518 | ▲ $4,294 |
| Cash and Non-Interest-Bearing Accounts | $36,349 | $44,505 | ▲ $8,156 |
| Inventories for Sale or Use | $21,535 | $22,428 | ▲ $893 |
| Prepaid Expenses and Deferred Charges | $16,047 | $16,535 | ▲ $488 |
| Total Assets | $3,573,877 | $3,465,222 | ▼ $108,655 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,036,056 | $1,905,840 | ▼ $130,216 |
| Other Liabilities | $65,090 | $66,742 | ▲ $1,652 |
| Accounts Payable and Accrued Expenses | $28,003 | $25,280 | ▼ $2,723 |
| Total Liabilities | $2,129,149 | $1,997,862 | ▼ $131,287 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,444,728 | $1,467,360 | ▲ $22,632 |
| Total Net Assets Fund Balance | $1,444,728 | $1,467,360 | ▲ $22,632 |
| Total Liabilities and Net Assets / Fund Balance | $3,573,877 | $3,465,222 | ▼ $108,655 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $43,047 | $14,673 | - |
| Land | $19,969 | - | - |
| Equipment | $2,704,935 | $2,318,571 | - |
| Leasehold Improvements | $1,937 | $10,363 | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| H V Neal Jr | President |
| William P Crosby | Vice President |
| Kenneth Clayton | Director |
| Leran Ealy | Director |
| Linda Terrell | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $601,109
- Investment Income
- $3,001
- Other Revenue
- $0
- Change in Net Assets
- $22,632
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $417,638 |
| Salaries, Compensation, and Employee Benefits | $163,840 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $153,941 | - | - | $153,941 |
| Depreciation Depletion | $133,426 | - | - | $133,426 |
| Occupancy | $125,921 | - | - | $125,921 |
| Interest | $86,863 | - | - | $86,863 |
| Insurance | $21,426 | - | - | $21,426 |
| Fees for Services Accounting | $11,715 | - | - | $11,715 |
| Payroll Taxes | $9,899 | - | - | $9,899 |
| Office Expenses | $8,141 | - | - | $8,141 |
| All Other Expenses | $7,704 | - | - | $7,704 |
| Fees for Services Legal | $1,200 | - | - | $1,200 |
| Other Expenses | $798 | - | - | $798 |
| Total Functional Expenses | $581,478 | $0 | $0 | $581,478 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Meter Deposits | $66,743 |
| Rounding | $-1 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- Yes
- Annual disclosure for covered persons
- 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
- No
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- 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
“The association has only one class of memebers. These members pay a membership fee and monthly fees based on water used by each member. Each member has a voting right in electing a management board that meets monthly to manage the affairs of the association. All meetings are open meetings and minutes as well as financial statements are presented. The management board have staggard terms and as one the term expires the memembership elects the replacement board members.”
Member election for additional members Part VI line 7A
“The association has only one class of memebers. These members pay a membership fee and monthly fees based on water used by each member. Each member has a voting right in electing a management board that meets monthly to manage the affairs of the association. All meetings are open meetings and minutes as well as financial statements are presented. The management board have staggard terms and as one the term expires the memembership elects the replacement board members.”
Form 990 governing body review Part VI line 11
“Upon preparation of the form 990 it is presented at the monthly board meeting and reviewed for submission.”
Conflict of interest policy compliance Part VI line 12C
“The board does not officially have a signed conflict of interest policy by board members that have management authority but make it a practice not to refrain from doing business with anyone that is on the board.”
Other officer or key employee compensation Part VI line 15B
“Officers receive no compensation other than expense reimbursements which are very nominal. Salaries for key employees are set by the management board.”
Governing documents etc available to public Part VI line 19
“Copies of the audited financial statements are made at individual request at the association office as well as a copy being placed on file at the local public library.”
Filing and Contact Details
Filer
- EIN
- 62-1373723
Signing Officer
- Name
- H V Neal
- Title
- President
- Phone
- 6012678266
- Signed
- 2014-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- H V Neal Jr
- Formed
- 1968
- Legal Domicile
- Ms
- Voting Board Members
- 1,993
- Independent Board Members
- 1,993
- Employees
- 5
Preparer
- Preparer
- David M Howell CPA
- Phone
- 6012673066
Raw XML Appendix331 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/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 28003 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 25280 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 61224 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 65518 |
| IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDES WATER FOR APPROXIMATELY TWO THOUSAND MEMBERS. |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 7704 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 7704 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | PENNY SCOTT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6012678266 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 1411 HWY 35 SOUTH |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Carthage |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MS |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 39051 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 36349 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 44505 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3001 |
| IRS990/CYOtherExpensesAmt | 0 | 417638 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 601109 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 22632 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 163840 |
| IRS990/CYTotalExpensesAmt | 0 | 581478 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 604110 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 133426 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 133426 |
| IRS990/Desc | 0 | REVENUE FROM WATER SERVICE FURNISHED TO MEMBERS WHICH ENABLES THE ASSOCIATION TO RETIRE DEBT AND MAINTAIN SYSTEM |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/ExpenseAmt | 0 | 581478 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 11715 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11715 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 1200 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1200 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LINDA TERRELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KENNETH CLAYTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | H V NEAL JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LERAN EALY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | WILLIAM P CROSBY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1968 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 1993 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 604110 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 1993 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 21426 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 21426 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 86863 |
| IRS990/InterestGrp/TotalAmt | 0 | 86863 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 21535 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 22428 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3001 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3001 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 4 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2343607 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2872159 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2769888 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5113495 |
| IRS990/LegalDomicileStateCd | 0 | MS |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersAndShrGrossIncomeAmt | 0 | 601109 |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROVIDES WATER FOR APPROXIMATELY TWO THOUSAND MEMBERS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 2036056 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1905840 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1444728 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1467360 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 125921 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 125921 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 8141 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 8141 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | ANALYSIS FEES |
| IRS990/OtherExpensesGrp/Desc | 1 | FUEL EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | LICENSE AND FEES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 6006 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 7596 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 6842 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 798 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 6006 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 7596 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 6842 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 798 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 65090 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 66742 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 153941 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 153941 |
| IRS990/OtherSourcesGrossIncomeAmt | 0 | 3001 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 9899 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 9899 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 16047 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 16535 |
| IRS990/PrincipalOfficerNm | 0 | H V NEAL JR |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 221000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | COMMUNITY WATER ASSOCIA |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 601109 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 601109 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 3409 |
| IRS990/PYOtherExpensesAmt | 0 | 444911 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 546337 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -91695 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 196530 |
| IRS990/PYTotalExpensesAmt | 0 | 641441 |
| IRS990/PYTotalRevenueAmt | 0 | 549746 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 22632 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 604110 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 566563 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 546348 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 43047 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 14673 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 57720 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 2704935 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2318571 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 5023506 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 19969 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 19969 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 1937 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 10363 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 12300 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 66743 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | -1 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | METER DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ROUNDING |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2769888 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 66742 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ASSOCIATION HAS ONLY ONE CLASS OF MEMEBERS. THESE MEMBERS PAY A MEMBERSHIP FEE AND MONTHLY FEES BASED ON WATER USED BY EACH MEMBER. EACH MEMBER HAS A VOTING RIGHT IN ELECTING A MANAGEMENT BOARD THAT MEETS MONTHLY TO MANAGE THE AFFAIRS OF THE ASSOCIATION. ALL MEETINGS ARE OPEN MEETINGS AND MINUTES AS WELL AS FINANCIAL STATEMENTS ARE PRESENTED. THE MANAGEMENT BOARD HAVE STAGGARD TERMS AND AS ONE THE TERM EXPIRES THE MEMEMBERSHIP ELECTS THE REPLACEMENT BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ASSOCIATION HAS ONLY ONE CLASS OF MEMEBERS. THESE MEMBERS PAY A MEMBERSHIP FEE AND MONTHLY FEES BASED ON WATER USED BY EACH MEMBER. EACH MEMBER HAS A VOTING RIGHT IN ELECTING A MANAGEMENT BOARD THAT MEETS MONTHLY TO MANAGE THE AFFAIRS OF THE ASSOCIATION. ALL MEETINGS ARE OPEN MEETINGS AND MINUTES AS WELL AS FINANCIAL STATEMENTS ARE PRESENTED. THE MANAGEMENT BOARD HAVE STAGGARD TERMS AND AS ONE THE TERM EXPIRES THE MEMEMBERSHIP ELECTS THE REPLACEMENT BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UPON PREPARATION OF THE FORM 990 IT IS PRESENTED AT THE MONTHLY BOARD MEETING AND REVIEWED FOR SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD DOES NOT OFFICIALLY HAVE A SIGNED CONFLICT OF INTEREST POLICY BY BOARD MEMBERS THAT HAVE MANAGEMENT AUTHORITY BUT MAKE IT A PRACTICE NOT TO REFRAIN FROM DOING BUSINESS WITH ANYONE THAT IS ON THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | OFFICERS RECEIVE NO COMPENSATION OTHER THAN EXPENSE REIMBURSEMENTS WHICH ARE VERY NOMINAL. SALARIES FOR KEY EMPLOYEES ARE SET BY THE MANAGEMENT BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | COPIES OF THE AUDITED FINANCIAL STATEMENTS ARE MADE AT INDIVIDUAL REQUEST AT THE ASSOCIATION OFFICE AS WELL AS A COPY BEING PLACED ON FILE AT THE LOCAL PUBLIC LIBRARY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Member election for additional members Part VI line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Governing documents etc available to public Part VI line 19 |
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| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 3465222 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3465222 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 5 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 581478 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 581478 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 2129149 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1997862 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 2129149 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1997862 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1444728 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1467360 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 581478 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 601109 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
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| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 604110 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 604110 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3573877 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3465222 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TypeOfOrganizationAssocInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 1444728 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 1467360 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 546 JOHN IVY ROAD |
| IRS990/USAddress/City | 0 | Carthage |
| IRS990/USAddress/State | 0 | MS |
| IRS990/USAddress/ZIPCode | 0 | 39051 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 1993 |
| IRS990/VotingMembersIndependentCnt | 0 | 1993 |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | H V Neal |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6012678266 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | FREENY WATER ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FREN |
| ReturnHeader/Filer/EIN | 0 | 621373723 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 1411 HWY 35 SOUTH |
| ReturnHeader/Filer/USAddress/City | 0 | Carthage |
| ReturnHeader/Filer/USAddress/State | 0 | MS |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 39051 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 271398365 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | DAVID M HOWELL CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | P O BOX 553 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | CARTHAGE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 39051 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6012673066 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | David M Howell CPA |
| ReturnHeader/ReturnTs | 0 | 2014-11-12T15:22:33-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-06-30 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $3,465,222
- Liabilities
- $1,997,862
- Net assets
- $1,467,360
- Revenue
- $604,110
- Expenses
- $581,478
- Net income
- $22,632