Civic Intelligence

North Rural Water Supply Corporation

990 • Fiscal year 2015 • EIN 75-1297546

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 05, 2016

Organization ProfileNORTHRURALWSC.COM
PO Box 716Mineral Wells, TX 76068

(940) 327-0700

Siviq Scores

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

Liabilities / Assets

36th percentile

0.15x

Higher debt load relative to assets than 36% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

32nd percentile

0.39x

Higher debt load relative to revenue than 32% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Asset Growth

68th percentile

2.3%

Faster asset growth than 68% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

91st percentile

24%

Faster revenue growth than 91% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$2,599,055

Up $58,996 (+2.3%) from 2014

Net Assets

Up

$2,201,809

Up $114,773 (+5.5%) from 2014

Liabilities

Down

$397,246

Down $55,777 (-12%) from 2014

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin66th percentile

Revenue

Up

$1,023,206

Up $195,517 (+24%) from 2014

Expenses

Up

$913,433

Up $116,425 (+15%) from 2014

Net Income

Up

$109,773

Up $79,092 (+258%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$6.0M$4.0M$2.0M$0Assets 2014: $2,540,059Liabilities 2014: $453,023Net Assets 2014: $2,087,0362014Assets 2015: $2,599,055Liabilities 2015: $397,246Net Assets 2015: $2,201,8092015Assets 2016: $3,034,120Liabilities 2016: $359,081Net Assets 2016: $2,675,0392016Assets 2017: $3,094,476Liabilities 2017: $324,083Net Assets 2017: $2,770,3932017Assets 2018: $3,266,670Liabilities 2018: $286,031Net Assets 2018: $2,980,6392018Assets 2019: $3,357,176Liabilities 2019: $248,377Net Assets 2019: $3,108,7992019Assets 2020: $3,586,944Liabilities 2020: $204,440Net Assets 2020: $3,382,5042020Assets 2021: $3,767,697Liabilities 2021: $193,890Net Assets 2021: $3,573,8072021Assets 2022: $4,238,583Liabilities 2022: $240,007Net Assets 2022: $3,998,5762022Assets 2023: $4,819,662Liabilities 2023: $180,581Net Assets 2023: $4,639,0812023Assets 2024: $4,850,840Liabilities 2024: $172,877Net Assets 2024: $4,677,9632024

Highlighted filing

2015

Assets$2,599,055
Liabilities$397,246
Net Assets$2,201,809
Open 2015 Filing

Operations Trend

Revenue Growth91st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $827,689Expenses 2014: $797,008Net Income 2014: $30,6812014Revenue 2015: $1,023,206Expenses 2015: $913,433Net Income 2015: $109,7732015Revenue 2016: $1,268,289Expenses 2016: $822,159Net Income 2016: $446,1302016Revenue 2017: $1,018,280Expenses 2017: $954,126Net Income 2017: $64,1542017Revenue 2018: $1,130,149Expenses 2018: $960,203Net Income 2018: $169,9462018Revenue 2019: $1,114,359Expenses 2019: $1,015,099Net Income 2019: $99,2602019Revenue 2020: $1,261,620Expenses 2020: $1,066,415Net Income 2020: $195,2052020Revenue 2021: $1,270,833Expenses 2021: $1,157,005Net Income 2021: $113,8282021Revenue 2022: $1,714,750Expenses 2022: $1,391,129Net Income 2022: $323,6212022Revenue 2023: $1,805,120Expenses 2023: $1,676,776Net Income 2023: $128,3442023Revenue 2024: $2,495,659Expenses 2024: $2,499,077Net Income 2024: -$3,4182024

Highlighted filing

2015

Revenue$1,023,206
Expenses$913,433
Net Income$109,773
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 5, 2016
Return Version
2015v2.1
Gross Receipts
$1,023,732
Mission and Program Overview

Mission

To provide low cost water service to the rural residents of northwest parker county and eastern palo pinto county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,885,848$1,852,740▼ $33,108
Savings and Temporary Cash Investments$428,894$497,216▲ $68,322
Accounts Receivable$61,705$84,731▲ $23,026
Prepaid Expenses and Deferred Charges$9,221$9,401▲ $180
Total Assets$2,540,059$2,599,055▲ $58,996
Other Assets Total$154,391$154,967▲ $576
Liabilities
Unsecured Notes Loans Payable$357,625$319,872▼ $37,753
Accounts Payable and Accrued Expenses$95,398$77,374▼ $18,024
Total Liabilities$453,023$397,246▼ $55,777
Net Assets / Fund Balance
Unrestricted Net Assets$2,087,036$2,201,809▲ $114,773
Total Net Assets Fund Balance$2,087,036$2,201,809▲ $114,773
Total Liabilities and Net Assets / Fund Balance$2,540,059$2,599,055▲ $58,996

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,756,753$1,611,750$3,368,503
Buildings$16,542$94,615$111,157
Land$73,163-$73,163
Other Land Buildings$6,282-$6,282
Other Assets Org$154,967--
Compensation and Service Providers
Top Officer Pay62nd percentile

Board Members and Trustees

NameTitle
Randy RattoPresident
Jack JamesBoard Member
Kenneth FurrBoard Member
Marty LoganBoard Member
Ken WhitleySec/treasure
Bobby BazzellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,005,877
Investment Income
$1,316
Other Revenue
$16,013
Change in Net Assets
$109,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,023,206
Total Revenue per Audited Statements
$1,023,206
Total Revenue per Form 990
$1,023,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$726,559
Salaries, Compensation, and Employee Benefits$186,874
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$173,470--$173,470
Depreciation Depletion$94,011--$94,011
Other Expenses$18,328--$18,328
Interest$15,902--$15,902
Fees for Services Accounting$13,528--$13,528
Payroll Taxes$13,404--$13,404
All Other Expenses$9,361--$9,361
Travel$7,714--$7,714
Total Functional Expenses$913,433$0$0$913,433

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$913,434
Expenses per Audited Statements$913,433
Total Expenses per Form 990$913,433
Expenses Not Reported on Form 990$1
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The corporation is comprised of members of the community who purchase a membership.”

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

“The governing body is a board of directors elected at large from the members; officers are elected among the board of directors.”

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

“The decisions of the governing body are subject to approval by members.”

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

“The corporation receives a copy of its form 990 prior to filing it with the irs. It is reviewed by the office manager and signed by an officer of the board of directors.”

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

“According to the corporation's by-laws, the board of directors shall adopt and maintain a conflict of interest policy designed to promote the business of the corporation and serve the interests of the membership. Such policy, at a minimum, shall be in conformance with the provisions of the texas nonprofit corporation act pertaining to duties and responsibilities of the board of directors.”

Form 990, Page 6, Part VI, Line 15A

“The corporation's top management officials salaries are reviewed, approved, and adjusted through action by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“The corporation's key employees and other salaries are reviewed, approved, and adjusted through action by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“The corporation's governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
North Rural Water
EIN
75-1297546
Phone
9403270700
Address
PO BOX 716, MINERAL WELLS, TX 76068

Signing Officer

Name
Randy Ratto
Title
President
Phone
9403270700
Signed
2016-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Ratto
Formed
1967
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
4

Preparer

Firm
Snow Garrett Williams
Address
1207 SANTA FE DR, WEATHERFORD, TX 76086-5819
Preparer
Kathy Williams
Phone
8175969301
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Contributed capital - new memberships 5,000 total 5,000”

Financial Statement Notes

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

“Book / tax depreciation difference 1”

Raw XML Appendix342 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/BOYAmt095398
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt077374
IRS990/AccountsReceivableGrp/BOYAmt061705
IRS990/AccountsReceivableGrp/EOYAmt084731
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW COST WATER SERVICE TO THE RURAL RESIDENTS OF NORTHWEST PARKER COUNTY AND EASTERN PALO PINTO COUNTY.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09361
IRS990/AllOtherExpensesGrp/TotalAmt09361
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KELLY STRAIN
IRS990/BooksInCareOfDetail/PhoneNum09403270700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 716
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINERAL WELLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076068
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01316
IRS990/CYOtherExpensesAmt0726559
IRS990/CYOtherRevenueAmt016013
IRS990/CYProgramServiceRevenueAmt01005877
IRS990/CYRevenuesLessExpensesAmt0109773
IRS990/CYSalariesCompEmpBnftPaidAmt0186874
IRS990/CYTotalExpensesAmt0913433
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01023206
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt094011
IRS990/DepreciationDepletionGrp/TotalAmt094011
IRS990/Desc0TO PROVIDE THE RESIDENTS OF NORTHWEST PARKER COUNTY AND EASTERN PALO PINTO COUNTY WITH A LOW COST WATER SUPPLY SYSTEM WHERE MUNICIPAL WATER IS NOT AVAILABLE.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0913433
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt013528
IRS990/FeesForServicesAccountingGrp/TotalAmt013528
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/PersonNm0RANDY RATTO
IRS990/Form990PartVIISectionAGrp/PersonNm1KEN WHITLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2BOBBY BAZZELL
IRS990/Form990PartVIISectionAGrp/PersonNm3MARTY LOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JACK JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm5KENNETH FURR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SEC/TREASURE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-526
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01023732
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt015902
IRS990/InterestGrp/TotalAmt015902
IRS990/InvestmentIncomeGrp/ExclusionAmt01842
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01842
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01706365
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01885848
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01852740
IRS990/LandBldgEquipCostOrOtherBssAmt03559105
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0526
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt01021364
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE LOW COST WATER SERVICE TO THE RURAL RESIDENTS OF NORTHWEST PARKER COUNTY AND EASTERN PALO PINTO COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02087036
IRS990/NetAssetsOrFundBalancesEOYAmt02201809
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-526
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-526
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0154391
IRS990/OtherAssetsTotalGrp/EOYAmt0154967
IRS990/OtherChangesInNetAssetsAmt05000
IRS990/OtherExpensesGrp/Desc0DIRECT WATER AND LABOR CO
IRS990/OtherExpensesGrp/Desc1INSURANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3OFFICE SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0494621
IRS990/OtherExpensesGrp/ProgramServicesAmt145316
IRS990/OtherExpensesGrp/ProgramServicesAmt227778
IRS990/OtherExpensesGrp/ProgramServicesAmt318328
IRS990/OtherExpensesGrp/TotalAmt0494621
IRS990/OtherExpensesGrp/TotalAmt145316
IRS990/OtherExpensesGrp/TotalAmt227778
IRS990/OtherExpensesGrp/TotalAmt318328
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016013
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016013
IRS990/OtherRevenueTotalAmt016013
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0173470
IRS990/OtherSalariesAndWagesGrp/TotalAmt0173470
IRS990/OtherSourcesGrossIncomeAmt01842
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt013404
IRS990/PayrollTaxesGrp/TotalAmt013404
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09221
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09401
IRS990/PrincipalOfficerNm0RANDY RATTO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RURAL WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1EXCESS USAGE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0974783
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt131094
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0974783
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt131094
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0-1005
IRS990/PYOtherExpensesAmt0583766
IRS990/PYOtherRevenueAmt04149
IRS990/PYProgramServiceRevenueAmt0824545
IRS990/PYRevenuesLessExpensesAmt030681
IRS990/PYSalariesCompEmpBnftPaidAmt0213242
IRS990/PYTotalExpensesAmt0797008
IRS990/PYTotalRevenueAmt0827689
IRS990/ReconcilationRevenueExpnssAmt0109773
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0428894
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0497216
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt016542
IRS990ScheduleD/BuildingsGrp/DepreciationAmt094615
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0111157
IRS990ScheduleD/EquipmentGrp/BookValueAmt01756753
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01611750
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03368503
IRS990ScheduleD/ExpensesNotReportedAmt01
IRS990ScheduleD/ExpensesSubtotalAmt0913433
IRS990ScheduleD/LandGrp/BookValueAmt073163
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt073163
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0154967
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DESIGNATED CASH
IRS990ScheduleD/OtherExpensesIncludedAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06282
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06282
IRS990ScheduleD/RevenueSubtotalAmt01023206
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01852740
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0154967
IRS990ScheduleD/TotalExpensesPerForm990Amt0913433
IRS990ScheduleD/TotalRevenuePerForm990Amt01023206
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01023206
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0913434
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS COMPRISED OF MEMBERS OF THE COMMUNITY WHO PURCHASE A MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY IS A BOARD OF DIRECTORS ELECTED AT LARGE FROM THE MEMBERS; OFFICERS ARE ELECTED AMONG THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CORPORATION RECEIVES A COPY OF ITS FORM 990 PRIOR TO FILING IT WITH THE IRS. IT IS REVIEWED BY THE OFFICE MANAGER AND SIGNED BY AN OFFICER OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCORDING TO THE CORPORATION'S BY-LAWS, THE BOARD OF DIRECTORS SHALL ADOPT AND MAINTAIN A CONFLICT OF INTEREST POLICY DESIGNED TO PROMOTE THE BUSINESS OF THE CORPORATION AND SERVE THE INTERESTS OF THE MEMBERSHIP. SUCH POLICY, AT A MINIMUM, SHALL BE IN CONFORMANCE WITH THE PROVISIONS OF THE TEXAS NONPROFIT CORPORATION ACT PERTAINING TO DUTIES AND RESPONSIBILITIES OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CORPORATION'S TOP MANAGEMENT OFFICIALS SALARIES ARE REVIEWED, APPROVED, AND ADJUSTED THROUGH ACTION BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CORPORATION'S KEY EMPLOYEES AND OTHER SALARIES ARE REVIEWED, APPROVED, AND ADJUSTED THROUGH ACTION BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE CORPORATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONTRIBUTED CAPITAL - NEW MEMBERSHIPS 5,000 TOTAL 5,000
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 7B
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02540059
IRS990/TotalAssetsEOYAmt02599055
IRS990/TotalAssetsGrp/BOYAmt02540059
IRS990/TotalAssetsGrp/EOYAmt02599055
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0913433
IRS990/TotalFunctionalExpensesGrp/TotalAmt0913433
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0453023
IRS990/TotalLiabilitiesEOYAmt0397246
IRS990/TotalLiabilitiesGrp/BOYAmt0453023
IRS990/TotalLiabilitiesGrp/EOYAmt0397246
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02087036
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02201809
IRS990/TotalProgramServiceExpensesAmt0913433
IRS990/TotalProgramServiceRevenueAmt01005877
IRS990/TotalRevenueGrp/ExclusionAmt01842
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01021364
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01023206
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02540059
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02599055
IRS990/TravelGrp/ProgramServicesAmt07714
IRS990/TravelGrp/TotalAmt07714
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02087036
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02201809
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0357625
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0319872
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 716
IRS990/USAddress/CityNm0MINERAL WELLS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076068
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0NORTHRURALWSC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDY RATTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09403270700
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH RURAL WATER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SUPPLY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0751297546
ReturnHeader/Filer/PhoneNum09403270700
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 716
ReturnHeader/Filer/USAddress/CityNm0MINERAL WELLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076068
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752353675
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SNOW GARRETT WILLIAMS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01207 SANTA FE DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEATHERFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0760865819
ReturnHeader/PreparerPersonGrp/PhoneNum08175969301
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHY WILLIAMS
ReturnHeader/ReturnTs02016-05-11T09:48:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,599,055
Liabilities
$397,246
Net assets
$2,201,809
Revenue
$1,023,206
Expenses
$913,433
Net income
$109,773
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.85$0.17$4.68$2.50$2.50$0.00
2023Detailed filing. Detailed filing data is available for this year.$4.82$0.18$4.64$1.81$1.68$0.13
2022Detailed filing. Detailed filing data is available for this year.$4.24$0.24$4.00$1.71$1.39$0.32
2021Detailed filing. Detailed filing data is available for this year.$3.77$0.19$3.57$1.27$1.16$0.11
2020Detailed filing. Detailed filing data is available for this year.$3.59$0.20$3.38$1.26$1.07$0.20
2019Detailed filing. Detailed filing data is available for this year.$3.36$0.25$3.11$1.11$1.02$0.10
2018Detailed filing. Detailed filing data is available for this year.$3.27$0.29$2.98$1.13$0.96$0.17
2017Detailed filing. Detailed filing data is available for this year.$3.09$0.32$2.77$1.02$0.95$0.06
2016Detailed filing. Detailed filing data is available for this year.$3.03$0.36$2.68$1.27$0.82$0.45
2015Detailed filing. Detailed filing data is available for this year.$2.60$0.40$2.20$1.02$0.91$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.54$0.45$2.09$0.83$0.80$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)12 • $1M-$5M nonprofits