Civic Intelligence

North Lee Water Assn

990 • Fiscal year 2021 • EIN 64-6143695

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 04, 2022

Organization ProfileWWW.NORTHLEEWATER.ORG
1004 Birmingham Ridge RoadSaltillo, MS 38866

(662) 869-1223

Siviq Scores

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

Liabilities / Assets

46th percentile

0.26x

Higher debt load relative to assets than 46% of similar nonprofits.

2021 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

1.43x

Higher debt load relative to revenue than 54% of similar nonprofits.

2021 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2021

Net Margin

58th percentile

11%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$2,200

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2021 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2021

Asset Growth

55th percentile

1.8%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)12 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

0.4%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)12 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$9,104,970

Up $162,165 (+1.8%) from 2020

Net Assets

Up

$6,755,501

Up $180,788 (+2.7%) from 2020

Liabilities

Down

$2,349,469

Down $18,623 (-0.8%) from 2020

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin58th percentile

Revenue

Up

$1,637,415

Up $7,128 (+0.4%) from 2020

Expenses

Down

$1,456,627

Down $42,591 (-2.8%) from 2020

Net Income

Up

$180,788

Up $49,719 (+38%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$15M$10M$5.0M$0Assets 2011: $2,779,274Liabilities 2011: $296,417Net Assets 2011: $2,482,8572011Assets 2012: $2,712,090Liabilities 2012: $265,629Net Assets 2012: $2,446,4612012Assets 2013: $4,098,247Liabilities 2013: $1,205,019Net Assets 2013: $2,893,2282013Assets 2014: $4,514,432Liabilities 2014: $1,410,948Net Assets 2014: $3,103,4842014Assets 2015: $7,613,814Liabilities 2015: $4,580,244Net Assets 2015: $3,033,5702015Assets 2016: $8,692,939Liabilities 2016: $2,620,979Net Assets 2016: $6,071,9602016Assets 2017: $8,742,148Liabilities 2017: $2,654,542Net Assets 2017: $6,087,6062017Assets 2018: $8,762,182Liabilities 2018: $2,567,524Net Assets 2018: $6,194,6582018Assets 2019: $8,945,260Liabilities 2019: $2,501,616Net Assets 2019: $6,443,6442019Assets 2020: $8,942,805Liabilities 2020: $2,368,092Net Assets 2020: $6,574,7132020Assets 2021: $9,104,970Liabilities 2021: $2,349,469Net Assets 2021: $6,755,5012021Assets 2022: $9,195,944Liabilities 2022: $2,259,155Net Assets 2022: $6,936,7892022Assets 2023: $9,257,629Liabilities 2023: $2,105,620Net Assets 2023: $7,152,0092023Assets 2024: $10,646,438Liabilities 2024: $2,173,397Net Assets 2024: $8,473,0412024Assets 2025: $11,761,400Liabilities 2025: $1,969,048Net Assets 2025: $9,792,3522025

Highlighted filing

2021

Assets$9,104,970
Liabilities$2,349,469
Net Assets$6,755,501
Open 2021 Filing

Operations Trend

Revenue Growth32nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,078,0312011Expenses 2012: $1,455,8062012Expenses 2013: $1,328,9302013Revenue 2014: $1,709,579Expenses 2014: $1,499,323Net Income 2014: $210,2562014Revenue 2015: $1,572,643Expenses 2015: $1,638,469Net Income 2015: -$65,8262015Revenue 2016: $4,524,047Expenses 2016: $1,485,657Net Income 2016: $3,038,3902016Revenue 2017: $1,413,719Expenses 2017: $1,398,073Net Income 2017: $15,6462017Revenue 2018: $1,503,776Expenses 2018: $1,396,724Net Income 2018: $107,0522018Revenue 2019: $1,752,766Expenses 2019: $1,503,780Net Income 2019: $248,9862019Revenue 2020: $1,630,287Expenses 2020: $1,499,218Net Income 2020: $131,0692020Revenue 2021: $1,637,415Expenses 2021: $1,456,627Net Income 2021: $180,7882021Revenue 2022: $1,816,757Expenses 2022: $1,635,469Net Income 2022: $181,2882022Revenue 2023: $1,890,735Expenses 2023: $1,675,515Net Income 2023: $215,2202023Revenue 2024: $3,016,795Expenses 2024: $1,695,763Net Income 2024: $1,321,0322024Revenue 2025: $3,242,714Expenses 2025: $1,923,403Net Income 2025: $1,319,3112025

Highlighted filing

2021

Revenue$1,637,415
Expenses$1,456,627
Net Income$180,788
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 4, 2022
Return Version
2020v4.0
Gross Receipts
$1,637,415
Mission and Program Overview

Mission

To provide clean water to residents of north lee county, mississippi

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,562,453$6,743,241▲ $180,788
Land, Buildings, and Equipment, Net$6,880,700$6,602,985▼ $277,715
Cash and Non-Interest-Bearing Accounts$1,134,312$1,292,265▲ $157,953
Savings and Temporary Cash Investments$527,831$731,654▲ $203,823
Accounts Receivable$242,248$253,242▲ $10,994
Inventories for Sale or Use$101,399$104,654▲ $3,255
Prepaid Expenses and Deferred Charges$36,088$39,173▲ $3,085
Cap Stk Tr Prin Current Funds$12,260$12,260→ $0
Total Assets$8,942,805$9,104,970▲ $162,165
Other Assets Total$20,227$80,997▲ $60,770
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,050,891$1,971,621▼ $79,270
Other Liabilities$235,580$229,398▼ $6,182
Accounts Payable and Accrued Expenses$81,621$148,450▲ $66,829
Total Liabilities$2,368,092$2,349,469▼ $18,623
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,574,713$6,755,501▲ $180,788
Total Liabilities and Net Assets / Fund Balance$8,942,805$9,104,970▲ $162,165

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,373,915$5,156,804$11,530,719
Land$200,046-$200,046
Buildings$29,024$49,996$79,020
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleBaseTotal
Josh RobertsonMember$2,200$2,200
Paul AnglinTreasurer/se$2,200$2,200
Dale BrockMember$2,000$2,000
Matthew DillardVice Preside$2,000$2,000
Terry GurleyPresident$2,000$2,000
John LongMember$1,800$1,800
Melissa Raines CoxMember$1,600$1,600
Fred FranksMember$1,400$1,400

Board Members and Trustees

NameTitle
Dan GaleMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,628,836
Investment Income
$8,579
Other Revenue
$0
Change in Net Assets
$180,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,637,415
Total Revenue per Audited Statements
$1,637,415
Total Revenue per Form 990
$1,637,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,039,813
Salaries, Compensation, and Employee Benefits$416,814
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$383,656--$383,656
Depreciation Depletion$356,693--$356,693
Insurance$94,416--$94,416
Interest$57,806--$57,806
Fees for Services Legal-$47,048-$47,048
All Other Expenses$38,213$6,609-$44,822
Office Expenses$19,295$22,347-$41,642
Payroll Taxes$30,516--$30,516
Other Expenses$25,770--$25,770
Fees for Services Management-$15,400-$15,400
Other Employee Benefits$2,642--$2,642
Advertising-$1,619-$1,619
Total Functional Expenses$1,363,604$93,023$0$1,456,627

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,456,627
Total Expenses per Audited Statements$1,456,627
Total Expenses per Form 990$1,456,627
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorSite PreparationNo$15,000
-DirectorEquipment and RepairNo$1,120
-DirectorCateringNo$482
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits - Water$210,701
Accrued Expenses$15,997
Customer Deposits - Sewer$2,700
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Each customer of the association is also a member of the association with the right to vote on the board.”

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

“The members of the association vote on the board, but not on the board decisions.”

Form 990, Page 6, Part VI, Line 8B

“There are no subcommittees.”

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

“A copy of the form 990 was provided to the board for review prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“The organization has a conflict of interest policy. In situations where there may be a potential conflict of interest, the board is required to approve the transaction. If a director is involved in the transaction that director is required to recuse himself. Potential conflicts of interest are discouraged by the organization.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its documents, including form 990, available to the public upon request. This year's 990 will be posted on the organization's website.”

Filing and Contact Details

Filer

Filer Name
North Lee Water Assn
EIN
64-6143695
Phone
6628691223
Address
1004 BIRMINGHAM RIDGE ROAD, SALTILLO, MS 38866

Signing Officer

Name
Terry Gurley
Title
President
Phone
6628691223
Signed
2022-01-04

Organization Details

Principal Officer
Terry Gurley
Formed
1966
Legal Domicile
Ms
Voting Board Members
9
Independent Board Members
9
Employees
13

Preparer

Firm
Franks Franks Wilemon & Hagood Pa
Address
PO BOX 731, TUPELO, MS 38802
Preparer
Samuel Knight
Phone
6628445226
Raw XML Appendix387 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/BOYAmt081621
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0148450
IRS990/AccountsReceivableGrp/BOYAmt0242248
IRS990/AccountsReceivableGrp/EOYAmt0253242
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE CLEAN WATER TO RESIDENTS OF NORTH LEE COUNTY, MISSISSIPPI
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01619
IRS990/AdvertisingGrp/TotalAmt01619
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06609
IRS990/AllOtherExpensesGrp/ProgramServicesAmt038213
IRS990/AllOtherExpensesGrp/TotalAmt044822
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0TOMMY BRADSHER
IRS990/BooksInCareOfDetail/PhoneNum06628691223
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01004 BIRMINGHAM RIDGE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALTILLO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038866
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt012260
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt012260
IRS990/CashNonInterestBearingGrp/BOYAmt01134312
IRS990/CashNonInterestBearingGrp/EOYAmt01292265
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08579
IRS990/CYOtherExpensesAmt01039813
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01628836
IRS990/CYRevenuesLessExpensesAmt0180788
IRS990/CYSalariesCompEmpBnftPaidAmt0416814
IRS990/CYTotalExpensesAmt01456627
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01637415
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0356693
IRS990/DepreciationDepletionGrp/TotalAmt0356693
IRS990/Desc0TO PROVIDE AFFORDABLE, CLEAN AND RELIABLE WATER TO THE MEMBERS ON THE WATER SYSTEM
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt01363604
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt047048
IRS990/FeesForServicesLegalGrp/TotalAmt047048
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt015400
IRS990/FeesForServicesManagementGrp/TotalAmt015400
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
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/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL ANGLIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSH ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm2DALE BROCK
IRS990/Form990PartVIISectionAGrp/PersonNm3MATTHEW DILLARD
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRY GURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN LONG
IRS990/Form990PartVIISectionAGrp/PersonNm6MELISSA RAINES COX
IRS990/Form990PartVIISectionAGrp/PersonNm7FRED FRANKS
IRS990/Form990PartVIISectionAGrp/PersonNm8DAN GALE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt02200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt42000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt71400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER/SE
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01966
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01637415
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt094416
IRS990/InsuranceGrp/TotalAmt094416
IRS990/InterestGrp/ProgramServicesAmt057806
IRS990/InterestGrp/TotalAmt057806
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0101399
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0104654
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt08579
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08579
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05206800
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06880700
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06602985
IRS990/LandBldgEquipCostOrOtherBssAmt011809785
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt01656326
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE CLEAN WATER TO RESIDENTS OF NORTH LEE COUNTY, MISSISSIPPI
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02050891
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01971621
IRS990/NetAssetsOrFundBalancesBOYAmt06574713
IRS990/NetAssetsOrFundBalancesEOYAmt06755501
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022347
IRS990/OfficeExpensesGrp/ProgramServicesAmt019295
IRS990/OfficeExpensesGrp/TotalAmt041642
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt020227
IRS990/OtherAssetsTotalGrp/EOYAmt080997
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02642
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02642
IRS990/OtherExpensesGrp/Desc0LINE/WELL REPAIRS & MAINT
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2OTHER WELL EXPENSES
IRS990/OtherExpensesGrp/Desc3CHEMICALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0207571
IRS990/OtherExpensesGrp/ProgramServicesAmt1115152
IRS990/OtherExpensesGrp/ProgramServicesAmt231874
IRS990/OtherExpensesGrp/ProgramServicesAmt325770
IRS990/OtherExpensesGrp/TotalAmt0207571
IRS990/OtherExpensesGrp/TotalAmt1115152
IRS990/OtherExpensesGrp/TotalAmt231874
IRS990/OtherExpensesGrp/TotalAmt325770
IRS990/OtherLiabilitiesGrp/BOYAmt0235580
IRS990/OtherLiabilitiesGrp/EOYAmt0229398
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0383656
IRS990/OtherSalariesAndWagesGrp/TotalAmt0383656
IRS990/OtherSourcesGrossIncomeAmt08579
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt030516
IRS990/PayrollTaxesGrp/TotalAmt030516
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036088
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039173
IRS990/PrincipalOfficerNm0TERRY GURLEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1SEWER BILLING SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2COST OF WATER PURCHASED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01621930
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134396
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-27490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01621930
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134396
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-27490
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt023046
IRS990/PYOtherExpensesAmt01083420
IRS990/PYOtherRevenueAmt019530
IRS990/PYProgramServiceRevenueAmt01587711
IRS990/PYRevenuesLessExpensesAmt0131069
IRS990/PYSalariesCompEmpBnftPaidAmt0415798
IRS990/PYTotalExpensesAmt01499218
IRS990/PYTotalRevenueAmt01630287
IRS990/ReconcilationRevenueExpnssAmt0180788
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01628836
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06562453
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06743241
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0527831
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0731654
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt029024
IRS990ScheduleD/BuildingsGrp/DepreciationAmt049996
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt079020
IRS990ScheduleD/EquipmentGrp/BookValueAmt06373915
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05156804
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011530719
IRS990ScheduleD/ExpensesSubtotalAmt01456627
IRS990ScheduleD/LandGrp/BookValueAmt0200046
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0200046
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0210701
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115997
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS - WATER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CUSTOMER DEPOSITS - SEWER
IRS990ScheduleD/RevenueSubtotalAmt01637415
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06602985
IRS990ScheduleD/TotalExpensesPerForm990Amt01456627
IRS990ScheduleD/TotalLiabilityAmt0229398
IRS990ScheduleD/TotalRevenuePerForm990Amt01637415
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01637415
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01456627
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0GURLEY'S RESTAURANT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1ANGLIN WELDING AND REPAIR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2DALE BROCK CONSTRUCTION INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0482
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt11120
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt215000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CATERING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1EQUIPMENT AND REPAIR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2SITE PREPARATION
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH CUSTOMER OF THE ASSOCIATION IS ALSO A MEMBER OF THE ASSOCIATION WITH THE RIGHT TO VOTE ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ASSOCIATION VOTE ON THE BOARD, BUT NOT ON THE BOARD DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO SUBCOMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY. IN SITUATIONS WHERE THERE MAY BE A POTENTIAL CONFLICT OF INTEREST, THE BOARD IS REQUIRED TO APPROVE THE TRANSACTION. IF A DIRECTOR IS INVOLVED IN THE TRANSACTION THAT DIRECTOR IS REQUIRED TO RECUSE HIMSELF. POTENTIAL CONFLICTS OF INTEREST ARE DISCOURAGED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS DOCUMENTS, INCLUDING FORM 990, AVAILABLE TO THE PUBLIC UPON REQUEST. THIS YEAR'S 990 WILL BE POSTED ON THE ORGANIZATION'S WEBSITE.
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 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08942805
IRS990/TotalAssetsEOYAmt09104970
IRS990/TotalAssetsGrp/BOYAmt08942805
IRS990/TotalAssetsGrp/EOYAmt09104970
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt093023
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01363604
IRS990/TotalFunctionalExpensesGrp/TotalAmt01456627
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02368092
IRS990/TotalLiabilitiesEOYAmt02349469
IRS990/TotalLiabilitiesGrp/BOYAmt02368092
IRS990/TotalLiabilitiesGrp/EOYAmt02349469
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06574713
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06755501
IRS990/TotalProgramServiceExpensesAmt01363604
IRS990/TotalProgramServiceRevenueAmt01628836
IRS990/TotalReportableCompFromOrgAmt015200
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01637415
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01637415
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08942805
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09104970
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01004 BIRMINGHAM RIDGE ROAD
IRS990/USAddress/CityNm0SALTILLO
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd038866
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.NORTHLEEWATER.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY GURLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06628691223
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH LEE WATER ASSN
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0646143695
ReturnHeader/Filer/PhoneNum06628691223
ReturnHeader/Filer/USAddress/AddressLine1Txt01004 BIRMINGHAM RIDGE ROAD
ReturnHeader/Filer/USAddress/CityNm0SALTILLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038866
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640736635
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANKS FRANKS WILEMON & HAGOOD PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 731
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TUPELO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038802
ReturnHeader/PreparerPersonGrp/PhoneNum06628445226
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAMUEL KNIGHT
ReturnHeader/ReturnTs02022-01-24T09:55:06-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GURLEY
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,104,970
Liabilities
$2,349,469
Net assets
$6,755,501
Revenue
$1,637,415
Expenses
$1,456,627
Net income
$180,788
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.8$1.97$9.79$3.24$1.92$1.32
2024Detailed filing. Detailed filing data is available for this year.$10.6$2.17$8.47$3.02$1.70$1.32
2023Detailed filing. Detailed filing data is available for this year.$9.26$2.11$7.15$1.89$1.68$0.22
2022Detailed filing. Detailed filing data is available for this year.$9.20$2.26$6.94$1.82$1.64$0.18
2021Detailed filing. Detailed filing data is available for this year.$9.10$2.35$6.76$1.64$1.46$0.18
2020Detailed filing. Detailed filing data is available for this year.$8.94$2.37$6.57$1.63$1.50$0.13
2019Detailed filing. Detailed filing data is available for this year.$8.95$2.50$6.44$1.75$1.50$0.25
2018Detailed filing. Detailed filing data is available for this year.$8.76$2.57$6.19$1.50$1.40$0.11
2017Detailed filing. Detailed filing data is available for this year.$8.74$2.65$6.09$1.41$1.40$0.02
2016Detailed filing. Detailed filing data is available for this year.$8.69$2.62$6.07$4.52$1.49$3.04
2015Detailed filing. Detailed filing data is available for this year.$7.61$4.58$3.03$1.57$1.64$0.07
2014Detailed filing. Detailed filing data is available for this year.$4.51$1.41$3.10$1.71$1.50$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$1.21$2.89$1.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.27$2.45$1.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$0.30$2.48$1.08