Civic Intelligence

Culbertson Water System Inc

990 • Fiscal year 2017 • EIN 72-0879625

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization ProfileN/A
2794 Hwy 820Choudrant, LA 71227

(318) 768-2559

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.04x

Higher debt load relative to assets than 22% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

23rd percentile

0.16x

Higher debt load relative to revenue than 23% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2017

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

91st percentile

$55,406

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2017

Asset Growth

77th percentile

4.0%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

45th percentile

1.3%

Faster revenue growth than 45% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$1,598,306

Up $61,302 (+4.0%) from 2016

Net Assets

Up

$1,530,926

Up $54,998 (+3.7%) from 2016

Liabilities

Up

$67,380

Up $6,304 (+10%) from 2016

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin69th percentile

Revenue

Up

$431,589

Up $5,374 (+1.3%) from 2016

Expenses

Down

$376,591

Down $4,320 (-1.1%) from 2016

Net Income

Up

$54,998

Up $9,694 (+21%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,491,999Liabilities 2010: $236,249Net Assets 2010: $1,255,7502010Assets 2011: $1,463,960Liabilities 2011: $122,232Net Assets 2011: $1,341,7282011Assets 2012: $1,441,356Liabilities 2012: $35,096Net Assets 2012: $1,406,2602012Assets 2013: $1,416,666Liabilities 2013: $44,996Net Assets 2013: $1,371,6702013Assets 2014: $1,436,035Liabilities 2014: $43,012Net Assets 2014: $1,393,0232014Assets 2015: $1,483,808Liabilities 2015: $53,184Net Assets 2015: $1,430,6242015Assets 2016: $1,537,004Liabilities 2016: $61,076Net Assets 2016: $1,475,9282016Assets 2017: $1,598,306Liabilities 2017: $67,380Net Assets 2017: $1,530,9262017Assets 2018: $1,750,095Liabilities 2018: $68,691Net Assets 2018: $1,681,4042018Assets 2019: $1,879,821Liabilities 2019: $84,677Net Assets 2019: $1,795,1442019Assets 2020: $1,994,717Liabilities 2020: $90,165Net Assets 2020: $1,904,5522020Assets 2021: $2,150,487Liabilities 2021: $145,830Net Assets 2021: $2,004,6572021Assets 2022: $2,302,983Liabilities 2022: $93,446Net Assets 2022: $2,209,5372022Assets 2023: $2,512,316Liabilities 2023: $104,525Net Assets 2023: $2,407,7912023Assets 2024: $2,555,634Liabilities 2024: $116,248Net Assets 2024: $2,439,3862024

Highlighted filing

2017

Assets$1,598,306
Liabilities$67,380
Net Assets$1,530,926
Open 2017 Filing

Operations Trend

Revenue Growth45th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $364,3292010Expenses 2011: $337,3512011Expenses 2012: $371,2332012Revenue 2013: $398,498Expenses 2013: $433,088Net Income 2013: -$34,5902013Revenue 2014: $409,365Expenses 2014: $388,012Net Income 2014: $21,3532014Revenue 2015: $457,468Expenses 2015: $419,867Net Income 2015: $37,6012015Revenue 2016: $426,215Expenses 2016: $380,911Net Income 2016: $45,3042016Revenue 2017: $431,589Expenses 2017: $376,591Net Income 2017: $54,9982017Revenue 2018: $538,053Expenses 2018: $387,575Net Income 2018: $150,4782018Revenue 2019: $564,237Expenses 2019: $450,497Net Income 2019: $113,7402019Revenue 2020: $566,800Expenses 2020: $457,392Net Income 2020: $109,4082020Revenue 2021: $552,273Expenses 2021: $452,168Net Income 2021: $100,1052021Revenue 2022: $704,678Expenses 2022: $499,798Net Income 2022: $204,8802022Revenue 2023: $716,777Expenses 2023: $518,523Net Income 2023: $198,2542023Revenue 2024: $713,183Expenses 2024: $681,588Net Income 2024: $31,5952024

Highlighted filing

2017

Revenue$431,589
Expenses$376,591
Net Income$54,998
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$431,589
Mission and Program Overview

Mission

Providing water to system members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$951,842$932,021▼ $19,821
Savings and Temporary Cash Investments$553,065$633,502▲ $80,437
Accounts Receivable$25,705$27,622▲ $1,917
Prepaid Expenses and Deferred Charges$6,392$5,161▼ $1,231
Total Assets$1,537,004$1,598,306▲ $61,302
Liabilities
Other Liabilities$49,600$52,657▲ $3,057
Accounts Payable and Accrued Expenses$11,476$14,723▲ $3,247
Total Liabilities$61,076$67,380▲ $6,304
Net Assets / Fund Balance
Unrestricted Net Assets$1,049,928$1,104,926▲ $54,998
Permanently Rstr Net Assets$426,000$426,000→ $0
Total Net Assets Fund Balance$1,475,928$1,530,926▲ $54,998
Total Liabilities and Net Assets / Fund Balance$1,537,004$1,598,306▲ $61,302

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$889,020$1,552,330$2,441,350
Equipment$7,732$74,257$81,989
Buildings$0$76,435$76,435
Land$34,621-$34,621
Leasehold Improvements$648$362$1,010
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Marilyn CoatsTreasurerFT$55,406$55,406
Jackie CoatsVice PresidentFT$45,452$45,452

Board Members and Trustees

NameTitle
Victor HollisPresident
Dan MorganBoard Member
Jerry TouchstoneBoard Member
Lonnie DadeBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$423,375
Investment Income
$3,414
Other Revenue
$4,800
Change in Net Assets
$54,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$267,863
Salaries, Compensation, and Employee Benefits$108,728
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$100,858
Depreciation Depletion---$67,048
Office Expenses---$15,927
Insurance---$8,613
Other Expenses---$8,200
Fees for Services Other---$8,150
Payroll Taxes---$7,870
Fees for Services Accounting---$4,800
Travel---$2,333
Occupancy---$1,837
All Other Expenses---$1,496
Advertising---$561
Total Functional Expenses$0$0$0$376,591
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
Marilyn CoatsWife of Vice President and Director Jackie CoatsRECEIVED WAGE PAYMENTS DURING THE YEAR TOTALING $55,406No$55,406
Jackie CoatsVICE PRESIDENT; DIRECTOR; HUSBAND OF TREASURER MARILYN COATSRECEIVED WAGE PAYMENTS DURING THE YEAR TOTALING $45,452No$45,452
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Meter Deposits$52,657
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Jackie coats is a board member and officer, while his wife, marilyn coats, serves as treasurer.”

Form 990, Part VI, Section A, Line 6

“Every person who has an interest in real property in the area served by the water system may become a member of the corporation.”

Form 990, Part VI, Section A, Line 7A

“The board of directors shall consist of five members of the corporation elected at an annual meeting by the members.”

Form 990, Part VI, Section B, Line 11B

“A copy of form 990 is available to the board of directors if they desire to review it. The president, vice president, and treasurer reviewed form 990 before it was filed.”

Form 990, Part VI, Section B, Line 15

“Compensation of the only two employees of the organization is reviewed and approved by the officers of the organization, four of the five of whom are independent voting members of the organization.”

Form 990, Part VI, Section C, Line 19

“All governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Culbertson Water System Inc
EIN
72-0879625
Phone
3187682559
Address
2794 HWY 820, CHOUDRANT, LA 71227

Signing Officer

Name
Jackie Coats
Title
Vice President
Phone
3187682559
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Hollis
Formed
1978
Legal Domicile
La
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
0

Preparer

Firm
Don M Mcgehee Apac
Address
205 E REYNOLDS DR SUITE A, RUSTON, LA 71270-2814
Preparer
Don M Mcgehee
Phone
3182559544
Raw XML Appendix344 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011476
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014723
IRS990/AccountsReceivableGrp/BOYAmt025705
IRS990/AccountsReceivableGrp/EOYAmt027622
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING WATER TO SYSTEM MEMBERS
IRS990/AdvertisingGrp/TotalAmt0561
IRS990/AllOtherExpensesGrp/TotalAmt01496
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARILYN E COATS
IRS990/BooksInCareOfDetail/PhoneNum03187682559
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02794 HWY 820
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHOUDRANT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071227
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0100858
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03414
IRS990/CYOtherExpensesAmt0267863
IRS990/CYOtherRevenueAmt04800
IRS990/CYProgramServiceRevenueAmt0423375
IRS990/CYRevenuesLessExpensesAmt054998
IRS990/CYSalariesCompEmpBnftPaidAmt0108728
IRS990/CYTotalExpensesAmt0376591
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0431589
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt067048
IRS990/Desc0DISTRIBUTION OF WATER TO 1,109 USERS OF THE SYSTEM AND MAINTENANCE OF THE SYSTEM.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0376591
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt04800
IRS990/FeesForServicesOtherGrp/TotalAmt08150
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt535.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0VICTOR HOLLIS
IRS990/Form990PartVIISectionAGrp/PersonNm1JACKIE COATS
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm3JERRY TOUCHSTONE
IRS990/Form990PartVIISectionAGrp/PersonNm4LONNIE DADE
IRS990/Form990PartVIISectionAGrp/PersonNm5MARILYN COATS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt145452
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt555406
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0431589
IRS990/GrossRentsGrp/RealAmt04800
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt08613
IRS990/InvestmentIncomeGrp/ExclusionAmt03414
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03414
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01703384
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0951842
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0932021
IRS990/LandBldgEquipCostOrOtherBssAmt02635405
IRS990/LegalDomicileStateCd0LA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0423375
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING WATER TO SYSTEM MEMBERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01475928
IRS990/NetAssetsOrFundBalancesEOYAmt01530926
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt04800
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04800
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01837
IRS990/OfficeExpensesGrp/TotalAmt015927
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SYSTEM REPAIRS AND MAIN
IRS990/OtherExpensesGrp/Desc1UTILITIES ON WELLS
IRS990/OtherExpensesGrp/Desc2SAFE DRINKING WATER FEE
IRS990/OtherExpensesGrp/Desc3INSTALLATION EXPENSE
IRS990/OtherExpensesGrp/TotalAmt096275
IRS990/OtherExpensesGrp/TotalAmt140057
IRS990/OtherExpensesGrp/TotalAmt212566
IRS990/OtherExpensesGrp/TotalAmt38200
IRS990/OtherLiabilitiesGrp/BOYAmt049600
IRS990/OtherLiabilitiesGrp/EOYAmt052657
IRS990/OtherSourcesGrossIncomeAmt08214
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt07870
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0426000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0426000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06392
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05161
IRS990/PrincipalOfficerNm0VICTOR HOLLIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES TO JOI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0422075
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0422075
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11300
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01851
IRS990/PYOtherExpensesAmt0272602
IRS990/PYOtherRevenueAmt04800
IRS990/PYProgramServiceRevenueAmt0419564
IRS990/PYRevenuesLessExpensesAmt045304
IRS990/PYSalariesCompEmpBnftPaidAmt0108309
IRS990/PYTotalExpensesAmt0380911
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0426215
IRS990/ReconcilationRevenueExpnssAmt054998
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04800
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0423375
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0553065
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0633502
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt076435
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt076435
IRS990ScheduleD/EquipmentGrp/BookValueAmt07732
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074257
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt081989
IRS990ScheduleD/LandGrp/BookValueAmt034621
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034621
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0648
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0362
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01010
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0889020
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01552330
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02441350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052657
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0METER DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0932021
IRS990ScheduleD/TotalLiabilityAmt052657
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JACKIE COATS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1MARILYN COATS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0VICE PRESIDENT; DIRECTOR; HUSBAND OF TREASURER MARILYN COATS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1WIFE OF VICE PRESIDENT AND DIRECTOR JACKIE COATS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt045452
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt155406
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RECEIVED WAGE PAYMENTS DURING THE YEAR TOTALING $45,452
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1RECEIVED WAGE PAYMENTS DURING THE YEAR TOTALING $55,406
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JACKIE COATS IS A BOARD MEMBER AND OFFICER, WHILE HIS WIFE, MARILYN COATS, SERVES AS TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVERY PERSON WHO HAS AN INTEREST IN REAL PROPERTY IN THE AREA SERVED BY THE WATER SYSTEM MAY BECOME A MEMBER OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS SHALL CONSIST OF FIVE MEMBERS OF THE CORPORATION ELECTED AT AN ANNUAL MEETING BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF FORM 990 IS AVAILABLE TO THE BOARD OF DIRECTORS IF THEY DESIRE TO REVIEW IT. THE PRESIDENT, VICE PRESIDENT, AND TREASURER REVIEWED FORM 990 BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF THE ONLY TWO EMPLOYEES OF THE ORGANIZATION IS REVIEWED AND APPROVED BY THE OFFICERS OF THE ORGANIZATION, FOUR OF THE FIVE OF WHOM ARE INDEPENDENT VOTING MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01537004
IRS990/TotalAssetsEOYAmt01598306
IRS990/TotalAssetsGrp/BOYAmt01537004
IRS990/TotalAssetsGrp/EOYAmt01598306
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0376591
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt061076
IRS990/TotalLiabilitiesEOYAmt067380
IRS990/TotalLiabilitiesGrp/BOYAmt061076
IRS990/TotalLiabilitiesGrp/EOYAmt067380
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01475928
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01530926
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0376591
IRS990/TotalProgramServiceRevenueAmt0423375
IRS990/TotalReportableCompFromOrgAmt0100858
IRS990/TotalRevenueGrp/ExclusionAmt08214
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0423375
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0431589
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01537004
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01598306
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt02333
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01049928
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01104926
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02794 HWY 820
IRS990/USAddress/CityNm0CHOUDRANT
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd071227
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JACKIE COATS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03187682559
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CULBERTSON WATER SYSTEM INC
ReturnHeader/Filer/BusinessNameControlTxt0CULB
ReturnHeader/Filer/EIN0720879625
ReturnHeader/Filer/PhoneNum03187682559
ReturnHeader/Filer/USAddress/AddressLine1Txt02794 HWY 820
ReturnHeader/Filer/USAddress/CityNm0CHOUDRANT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd071227
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0786C9CEA3E474EEE9BDB05949A74BE6C1F9368B1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BB938326D90E44F8CAF4AFE1BA9B55810AF06AB3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.46.188.173
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:52:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721020867
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DON M MCGEHEE APAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 E REYNOLDS DR SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0712702814
ReturnHeader/PreparerPersonGrp/PhoneNum03182559544
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DON M MCGEHEE
ReturnHeader/ReturnTs02018-11-15T14:40:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,598,306
Liabilities
$67,380
Net assets
$1,530,926
Revenue
$431,589
Expenses
$376,591
Net income
$54,998
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.56$0.12$2.44$0.71$0.68$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.10$2.41$0.72$0.52$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.09$2.21$0.70$0.50$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.15$2.00$0.55$0.45$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.09$1.90$0.57$0.46$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.08$1.80$0.56$0.45$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.07$1.68$0.54$0.39$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.60$0.07$1.53$0.43$0.38$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.06$1.48$0.43$0.38$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.48$0.05$1.43$0.46$0.42$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.04$1.39$0.41$0.39$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.42$0.04$1.37$0.40$0.43$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.04$1.41$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.12$1.34$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.24$1.26$0.36