Civic Intelligence

Combined Utilities Inc

EIN 64-0613533 • 501(c)12 • Lucedale, MS

Profile

To supply a clean, safe water supply to the residents of rural george county, mississippi.

PO Box 26Lucedale, MS 39452

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

0.83x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

4.98x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Net Margin

64th percentile

17%

Higher net margin than 64% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$50,842

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Asset Growth

60th percentile

4.8%

Faster asset growth than 60% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

2.6%

Faster revenue growth than 36% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,261,371

Up $421,904 (+4.8%) from 2023

Liabilities

Up

$7,708,793

Up $198,583 (+2.6%) from 2023

Net Assets

Up

$1,552,578

Up $223,321 (+17%) from 2023

Revenue

Up

$1,548,212

Up $38,855 (+2.6%) from 2023

Expenses

Up

$1,281,440

Up $128,927 (+11%) from 2023

Net Income

Down

$266,772

Down $90,072 (-25%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,130,931Liabilities 2011: $2,096,447Net Assets 2011: $1,034,4842011Assets 2012: $3,071,123Liabilities 2012: $2,046,545Net Assets 2012: $1,024,5782012Assets 2013: $2,992,288Liabilities 2013: $1,989,510Net Assets 2013: $1,002,7782013Assets 2014: $2,917,377Liabilities 2014: $1,927,473Net Assets 2014: $989,9042014Assets 2015: $2,824,593Liabilities 2015: $1,862,757Net Assets 2015: $961,8362015Assets 2016: $2,713,725Liabilities 2016: $1,807,889Net Assets 2016: $905,8362016Assets 2017: $2,488,627Liabilities 2017: $1,762,517Net Assets 2017: $726,1102017Assets 2018: $2,457,927Liabilities 2018: $1,732,781Net Assets 2018: $725,1462018Assets 2019: $2,417,821Liabilities 2019: $1,692,201Net Assets 2019: $725,6202019Assets 2020: $2,477,450Liabilities 2020: $1,652,758Net Assets 2020: $824,6922020Assets 2021: $3,548,302Liabilities 2021: $2,600,202Net Assets 2021: $948,1002021Assets 2022: $6,917,285Liabilities 2022: $5,922,676Net Assets 2022: $994,6092022Assets 2023: $8,839,467Liabilities 2023: $7,510,210Net Assets 2023: $1,329,2572023Assets 2024: $9,261,371Liabilities 2024: $7,708,793Net Assets 2024: $1,552,5782024

Highlighted filing

2024

Assets$9,261,371
Liabilities$7,708,793
Net Assets$1,552,578

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $739,625Expenses 2011: $686,606Net Income 2011: $53,0192011Expenses 2012: $737,4342012Revenue 2013: $737,188Expenses 2013: $758,988Net Income 2013: -$21,8002013Revenue 2014: $857,988Expenses 2014: $720,589Net Income 2014: $137,3992014Revenue 2015: $852,204Expenses 2015: $725,496Net Income 2015: $126,7082015Revenue 2016: $921,141Expenses 2016: $836,700Net Income 2016: $84,4412016Revenue 2017: $920,285Expenses 2017: $983,169Net Income 2017: -$62,8842017Revenue 2018: $909,136Expenses 2018: $911,349Net Income 2018: -$2,2132018Revenue 2019: $943,114Expenses 2019: $962,013Net Income 2019: -$18,8992019Revenue 2020: $1,044,397Expenses 2020: $968,644Net Income 2020: $75,7532020Revenue 2021: $1,058,466Expenses 2021: $976,119Net Income 2021: $82,3472021Revenue 2022: $1,102,025Expenses 2022: $1,072,005Net Income 2022: $30,0202022Revenue 2023: $1,509,357Expenses 2023: $1,152,513Net Income 2023: $356,8442023Revenue 2024: $1,548,212Expenses 2024: $1,281,440Net Income 2024: $266,7722024

Highlighted filing

2024

Revenue$1,548,212
Expenses$1,281,440
Net Income$266,772

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.26$7.71$1.55$1.55$1.28$0.27
2023Detailed filing. Detailed filing data is available for this year.$8.84$7.51$1.33$1.51$1.15$0.36
2022Detailed filing. Detailed filing data is available for this year.$6.92$5.92$0.99$1.10$1.07$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.55$2.60$0.95$1.06$0.98$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.48$1.65$0.82$1.04$0.97$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.42$1.69$0.73$0.94$0.96$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.46$1.73$0.73$0.91$0.91$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.49$1.76$0.73$0.92$0.98$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.71$1.81$0.91$0.92$0.84$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.82$1.86$0.96$0.85$0.73$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.92$1.93$0.99$0.86$0.72$0.14
2013Detailed filing. Detailed filing data is available for this year.$2.99$1.99$1.00$0.74$0.76$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$2.05$1.02$0.74
2011Summary only. Only limited summary data is available for this year.$3.13$2.10$1.03$0.74$0.69$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.0
Gross Receipts
$1,548,212
Mission and Program Overview

Mission

To supply a clean, safe water supply to the residents of rural george county, mississippi.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$672,070$6,935,438▲ $6,263,368
Cash and Non-Interest-Bearing Accounts$1,153,277$1,220,723▲ $67,446
Savings and Temporary Cash Investments$797,693$939,181▲ $141,488
Pledges and Grants Receivable$105,529$97,386▼ $8,143
Inventories for Sale or Use$46,270$42,108▼ $4,162
Prepaid Expenses and Deferred Charges$24,225$24,225→ $0
Intangible Assets$2,488$2,288▼ $200
Total Assets$8,839,467$9,261,371▲ $421,904
Other Assets Total$6,037,915$22▼ $6,037,893
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,040,441$7,423,827▲ $383,386
Other Liabilities$382,313$274,933▼ $107,380
Accounts Payable and Accrued Expenses$87,456$10,033▼ $77,423
Total Liabilities$7,510,210$7,708,793▲ $198,583
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,106,130$1,327,731▲ $221,601
Net Assets With Donor Restrictions$223,127$224,847▲ $1,720
Total Net Assets Fund Balance$1,329,257$1,552,578▲ $223,321
Total Liabilities and Net Assets / Fund Balance$8,839,467$9,261,371▲ $421,904

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,617,558$4,716,967$11,334,525
Buildings$260,775$74,941$335,716
Other Land Buildings$23,305$83,909$107,214
Land$33,800-$33,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrea MitchellSecretaryFT$50,842-$50,842
Mary a HearndonBookkeeperFT$37,822-$37,822
Roy CaldwellPresident--$3,225$3,225
Gerald Moody SrVice-preside--$2,925$2,925
Jason FallonDirector--$2,625$2,625
Joe Lee RouseDirector--$2,625$2,625
Michael FaurotDirector--$2,625$2,625
Revenue and Support

Revenue Composition

Contributions and Grants
$1,840
Program Service Revenue
$1,544,268
Investment Income
$2,104
Other Revenue
$0
Change in Net Assets
$266,772

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,548,212
Total Revenue per Audited Statements
$1,548,212
Total Revenue per Form 990
$1,548,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$887,547
Salaries, Compensation, and Employee Benefits$393,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$221,739
Depreciation Depletion---$198,212
Interest---$140,496
Occupancy---$113,194
Current Officers, Directors, Trustees, and Key Employees---$102,689
Office Expenses---$62,455
Other Employee Benefits---$44,459
Insurance---$30,872
Information Technology---$27,685
All Other Expenses---$26,651
Payroll Taxes---$25,006
Fees for Services Accounting---$12,660
Other Expenses---$9,945
Fees for Services Legal---$9,928
Travel---$1,233
Advertising---$118
Total Functional Expenses$0$0$0$1,281,440

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,325,330
Expenses per Audited Statements$1,281,440
Total Expenses per Form 990$1,281,440
Expenses Not Reported on Form 990$43,890
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
Water Meter Deposits$261,884
Accrued Interest$13,049
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
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

Form 990, Page 6, Part VI, Line 6

Customers comprise the members of the organization.

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

Members of the governing body are elected at the organization's annual meeting.

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

The organization's return is prepared by its tax preparation firm. No formal review is performed.

Form 990, Page 6, Part VI, Line 19

Documents are available for inspection at its office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Combined Utilities Inc
EIN
64-0613533
Phone
6019478411
Address
PO BOX 26, LUCEDALE, MS 39452

Signing Officer

Name
Roy Caldwell
Title
President
Phone
6019478411
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy Caldwell
Formed
1971
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
10

Preparer

Firm
Mcnorton Ishee & Jones Pc
Address
501 BISHOP LANE N, MOBILE, AL 36608
Preparer
William H Ishee
Phone
2513163636
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book/tax depreciation -43,451

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 43,890

Raw XML Appendix352 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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt228249
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42095
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IRS990/PYContributionsGrantsAmt01800
IRS990/PYInvestmentIncomeAmt01720
IRS990/PYOtherExpensesAmt0742134
IRS990/PYProgramServiceRevenueAmt01505837
IRS990/PYRevenuesLessExpensesAmt0356844
IRS990/PYSalariesCompEmpBnftPaidAmt0410379
IRS990/PYTotalExpensesAmt01152513
IRS990/PYTotalRevenueAmt01509357
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0939181
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0260775
IRS990ScheduleD/BuildingsGrp/DepreciationAmt074941
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0335716
IRS990ScheduleD/EquipmentGrp/BookValueAmt06617558
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04716967
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011334525
IRS990ScheduleD/ExpensesNotReportedAmt043890
IRS990ScheduleD/ExpensesSubtotalAmt01281440
IRS990ScheduleD/LandGrp/BookValueAmt033800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt033800
IRS990ScheduleD/OtherExpensesIncludedAmt043890
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt023305
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt083909
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0107214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0261884
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113049
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0WATER METER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/RevenueSubtotalAmt01548212
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 43,890
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06935438
IRS990ScheduleD/TotalExpensesPerForm990Amt01281440
IRS990ScheduleD/TotalLiabilityAmt0274933
IRS990ScheduleD/TotalRevenuePerForm990Amt01548212
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01548212
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01325330
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CUSTOMERS COMPRISE THE MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE GOVERNING BODY ARE ELECTED AT THE ORGANIZATION'S ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S RETURN IS PREPARED BY ITS TAX PREPARATION FIRM. NO FORMAL REVIEW IS PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE FOR INSPECTION AT ITS OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK/TAX DEPRECIATION -43,451
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TotalAssetsGrp/EOYAmt09261371
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01281440
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07510210
IRS990/TotalLiabilitiesEOYAmt07708793
IRS990/TotalLiabilitiesGrp/BOYAmt07510210
IRS990/TotalLiabilitiesGrp/EOYAmt07708793
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01329257
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01552578
IRS990/TotalOtherCompensationAmt014025
IRS990/TotalProgramServiceRevenueAmt01544268
IRS990/TotalReportableCompFromOrgAmt088664
IRS990/TotalRevenueGrp/ExclusionAmt02104
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01544268
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01548212
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08839467
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09261371
IRS990/TravelGrp/TotalAmt01233
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0166 TWIN CREEK RD
IRS990/USAddress/CityNm0LUCEDALE
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039452
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROY CALDWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06019478411
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMBINED UTILITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0COMB
ReturnHeader/Filer/EIN0640613533
ReturnHeader/Filer/PhoneNum06019478411
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 26
ReturnHeader/Filer/USAddress/CityNm0LUCEDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039452
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274326984
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCNORTON ISHEE & JONES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0501 BISHOP LANE N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOBILE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd036608
ReturnHeader/PreparerPersonGrp/PhoneNum02513163636
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM H ISHEE
ReturnHeader/ReturnTs02025-11-11T10:43:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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