Civic Intelligence

Summit Water & Supply Company

EIN 91-0430730 • 501(c)12 • Tacoma, WA

Profile

Summit water & supply company is established for the purpose of installing, maintaining and operating a water supply system for its membership.

9701 50th Avenue EastTacoma, WA 98446

www.summitwater.org

Siviq Scores

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

Liabilities / Assets

5th percentile

0.04x

Higher debt load relative to assets than 5% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.21x

Higher debt load relative to revenue than 9% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Source year 2024

Net Margin

73rd percentile

13%

Higher net margin than 73% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$194,421

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

501(c)12 • $25M-$50M nonprofits • Source year 2024

Asset Growth

41st percentile

2.6%

Faster asset growth than 41% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

8.5%

Faster revenue growth than 69% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$25,233,532

Up $634,804 (+2.6%) from 2023

Liabilities

Up

$993,392

Up $41,967 (+4.4%) from 2023

Net Assets

Up

$24,240,140

Up $592,837 (+2.5%) from 2023

Operations
Liabilities / Revenue9th percentileNet Margin73rd percentile

Revenue

Up

$4,769,465

Up $372,126 (+8.5%) from 2023

Expenses

Up

$4,173,160

Up $14,607 (+0.4%) from 2023

Net Income

Up

$596,305

Up $357,519 (+150%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

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

$30M$20M$10M$0Assets 2010: $21,666,319Liabilities 2010: $4,054,166Net Assets 2010: $17,612,1532010Assets 2011: $21,936,982Liabilities 2011: $3,993,979Net Assets 2011: $17,943,0032011Assets 2012: $22,208,818Liabilities 2012: $3,925,360Net Assets 2012: $18,283,4582012Assets 2013: $22,572,337Liabilities 2013: $3,820,704Net Assets 2013: $18,751,6332013Assets 2014: $22,874,272Liabilities 2014: $3,696,251Net Assets 2014: $19,178,0212014Assets 2015: $23,468,473Liabilities 2015: $3,601,066Net Assets 2015: $19,867,4072015Assets 2016: $23,257,973Liabilities 2016: $3,133,876Net Assets 2016: $20,124,0972016Assets 2017: $23,791,124Liabilities 2017: $3,066,219Net Assets 2017: $20,724,9052017Assets 2018: $24,712,449Liabilities 2018: $2,930,367Net Assets 2018: $21,782,0822018Assets 2019: $25,226,562Liabilities 2019: $2,714,979Net Assets 2019: $22,511,5832019Assets 2020: $25,189,413Liabilities 2020: $2,558,422Net Assets 2020: $22,630,9912020Assets 2021: $24,289,731Liabilities 2021: $1,301,744Net Assets 2021: $22,987,9872021Assets 2022: $24,710,539Liabilities 2022: $1,236,289Net Assets 2022: $23,474,2502022Assets 2023: $24,598,728Liabilities 2023: $951,425Net Assets 2023: $23,647,3032023Assets 2024: $25,233,532Liabilities 2024: $993,392Net Assets 2024: $24,240,1402024

Highlighted filing

2024

Assets$25,233,532
Liabilities$993,392
Net Assets$24,240,140
Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $2,480,2832010Expenses 2011: $2,527,6572011Expenses 2012: $2,708,1922012Revenue 2013: $3,061,100Expenses 2013: $2,736,786Net Income 2013: $324,3142013Revenue 2014: $3,146,840Expenses 2014: $2,891,705Net Income 2014: $255,1352014Revenue 2015: $3,318,942Expenses 2015: $2,971,826Net Income 2015: $347,1162015Revenue 2016: $3,271,729Expenses 2016: $3,045,921Net Income 2016: $225,8082016Revenue 2017: $3,319,936Expenses 2017: $2,890,982Net Income 2017: $428,9542017Revenue 2018: $3,768,248Expenses 2018: $3,129,980Net Income 2018: $638,2682018Revenue 2019: $3,710,657Expenses 2019: $3,244,312Net Income 2019: $466,3452019Revenue 2020: $3,692,330Expenses 2020: $3,642,496Net Income 2020: $49,8342020Revenue 2021: $4,066,163Expenses 2021: $3,755,098Net Income 2021: $311,0652021Revenue 2022: $4,128,747Expenses 2022: $3,963,038Net Income 2022: $165,7092022Revenue 2023: $4,397,339Expenses 2023: $4,158,553Net Income 2023: $238,7862023Revenue 2024: $4,769,465Expenses 2024: $4,173,160Net Income 2024: $596,3052024

Highlighted filing

2024

Revenue$4,769,465
Expenses$4,173,160
Net Income$596,305
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$25,233,532
Liabilities
$993,392
Net assets
$24,240,140
Revenue
$4,769,465
Expenses
$4,173,160
Net income
$596,305
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$0.99$24.2$4.77$4.17$0.60
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$0.95$23.6$4.40$4.16$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$1.24$23.5$4.13$3.96$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.3$1.30$23.0$4.07$3.76$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$2.56$22.6$3.69$3.64$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$2.71$22.5$3.71$3.24$0.47
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$2.93$21.8$3.77$3.13$0.64
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$3.07$20.7$3.32$2.89$0.43
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.3$3.13$20.1$3.27$3.05$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.5$3.60$19.9$3.32$2.97$0.35
2014Detailed filing. Detailed filing data is available for this year.$22.9$3.70$19.2$3.15$2.89$0.26
2013Detailed filing. Detailed filing data is available for this year.$22.6$3.82$18.8$3.06$2.74$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.2$3.93$18.3$2.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.9$3.99$17.9$2.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.7$4.05$17.6$2.48
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 9, 2015
Return Version
2014v5.0
Gross Receipts
$3,146,840
Mission and Program Overview

Mission

Summit water & supply company is established for the purpose of installing, maintaining and operating a water supply system for its membership.

Installs, maintains and operates a water supply system for its membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,879,842$16,471,731▼ $408,111
Cap Stk Tr Prin Current Funds$8,683,690$8,899,281▲ $215,591
Rtn Earn Endowment Incm Other Fnds$8,192,824$8,446,302▲ $253,478
Savings and Temporary Cash Investments$4,308,916$5,099,027▲ $790,111
Pd in Cap Srpls Land Bldg Eqp Fund$1,875,119$1,832,438▼ $42,681
Inventories for Sale or Use$358,441$351,987▼ $6,454
Cash and Non-Interest-Bearing Accounts$244,798$196,961▼ $47,837
Accounts Receivable$156,035$158,541▲ $2,506
Prepaid Expenses and Deferred Charges$11,484$17,249▲ $5,765
Total Assets$22,572,337$22,874,272▲ $301,935
Other Assets Total$612,821$578,776▼ $34,045
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,497,383$3,382,005▼ $115,378
Accounts Payable and Accrued Expenses$323,321$314,246▼ $9,075
Total Liabilities$3,820,704$3,696,251▼ $124,453
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,751,633$19,178,021▲ $426,388
Total Liabilities and Net Assets / Fund Balance$22,572,337$22,874,272▲ $301,935

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,784,167$12,772,446$28,556,613
Land$457,031-$457,031
Buildings$191,064$262,344$453,408
Other Land Buildings$39,469-$39,469
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Darryl ScottSecretaryFT$97,725$11,823$109,548
Mike CraigTreasurer-$3,720-$3,720
Blaine MckannaTrustee-$3,120-$3,120
Dan WatsonVice President-$3,120-$3,120
Greg ArmstrongTrustee-$3,120-$3,120
Richard CookPresident-$3,120-$3,120
Chandler EllisTrustee-$2,990-$2,990
Brad RykerTrustee-$2,730-$2,730
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,134,548
Investment Income
$12,292
Other Revenue
$0
Change in Net Assets
$255,135

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,146,840
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,657
Total Revenue per Audited Statements
$3,145,183
Total Revenue per Form 990
$3,146,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,993,211
Salaries, Compensation, and Employee Benefits$898,494
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$902,013
Other Salaries and Wages---$572,688
Interest---$146,383
Current Officers, Directors, Trustees, and Key Employees---$131,468
Other Employee Benefits---$103,709
Payroll Taxes---$74,280
Other Expenses---$70,801
Office Expenses---$48,926
Insurance---$41,336
Information Technology---$25,811
Fees for Services Accounting---$18,875
Occupancy---$18,761
Pension Plan Contributions---$16,349
All Other Expenses---$4,695
Total Functional Expenses$0$0$0$2,891,705

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,891,705
Total Expenses per Audited Statements$2,891,705
Total Expenses per Form 990$2,891,705
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Summit water & supply company is a member owned company, which requires every connection to the system to purchase a membership prior to receiving service.”

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

“The membership elects the governing board of the organization.”

Form 990, Part VI, Section B, Line 11

“A copy of the form 990 is reviewed by the organization's finance committee. The finance committee then provides the board with a copy of the form 990 and a recommendation to approve the return.”

Form 990, Part VI, Section B, Line 12C

“Officers and trustees sign a conflict of interest statement annually. These statements are reviewed by the board and addressed appropriately. During the reporting period no conflicts of interest were identified that required any action by the board.”

Form 990, Part VI, Section B, Line 15

“The organization has a personnel committee that conducts performance evaluations and compensation surveys of comparable organizations to establish the salary level of all the organization's employees, including top management. The compensation levels are then submitted to the board, together with the supporting documentation, for board approval. The same process is utilized for establishing and approving compensation for the organization's officers.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are made available at the administrative office upon request.”

Filing and Contact Details

Filer

Filer Name
Summit Water & Supply Company
EIN
91-0430730
Phone
2535377781
Address
9701 50TH AVENUE EAST, TACOMA, WA 98446

Signing Officer

Name
Mike Craig
Title
Treasurer
Phone
2535377781
Signed
2015-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Craig
Formed
1923
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
14
Volunteers
0

Preparer

Firm
Johnson Stone & Pagano Ps
Address
1501 REGENTS BLVD SUITE 100, FIRCREST, WA 98466
Preparer
Michael Mccrabb
Phone
2535667070
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in contribution in aid of construction -42,681. Membership contributions 215,591.”

Form 990, Part XII, Line 2C

“The organization has a finance committee that assumes responsibility for oversight of the audit of the financial statements and the selection of an independent accountant.”

Raw XML Appendix361 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0323321
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0314246
IRS990/AccountsReceivableGrp/BOYAmt0156035
IRS990/AccountsReceivableGrp/EOYAmt0158541
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INSTALLS, MAINTAINS AND OPERATES A WATER SUPPLY SYSTEM FOR ITS MEMBERSHIP.
IRS990/AllOtherExpensesGrp/TotalAmt04695
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LORI BOOTH
IRS990/BooksInCareOfDetail/PhoneNum02535377781
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09701 50TH AVENUE EAST
IRS990/BooksInCareOfDetail/USAddress/CityNm0TACOMA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098446
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt08683690
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt08899281
IRS990/CashNonInterestBearingGrp/BOYAmt0244798
IRS990/CashNonInterestBearingGrp/EOYAmt0196961
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0131468
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012292
IRS990/CYOtherExpensesAmt01993211
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03134548
IRS990/CYRevenuesLessExpensesAmt0255135
IRS990/CYSalariesCompEmpBnftPaidAmt0898494
IRS990/CYTotalExpensesAmt02891705
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03146840
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0902013
IRS990/Desc0WATER SALES TO THE MEMBERSHIP.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt018875
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt711823
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD COOK
IRS990/Form990PartVIISectionAGrp/PersonNm1BLAINE MCKANNA
IRS990/Form990PartVIISectionAGrp/PersonNm2CHANDLER ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm3BRAD RYKER
IRS990/Form990PartVIISectionAGrp/PersonNm4DAN WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MIKE CRAIG
IRS990/Form990PartVIISectionAGrp/PersonNm6GREG ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm7DARRYL SCOTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt03120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22990
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32730
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt53720
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt63120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt797725
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01923
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03146840
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt025811
IRS990/InsuranceGrp/TotalAmt041336
IRS990/InterestGrp/TotalAmt0146383
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0358441
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0351987
IRS990/InvestmentIncomeGrp/ExclusionAmt012292
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012292
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013034790
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016879842
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016471731
IRS990/LandBldgEquipCostOrOtherBssAmt029506521
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt03131487
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUMMIT WATER & SUPPLY COMPANY IS ESTABLISHED FOR THE PURPOSE OF INSTALLING, MAINTAINING AND OPERATING A WATER SUPPLY SYSTEM FOR ITS MEMBERSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03497383
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03382005
IRS990/NetAssetsOrFundBalancesBOYAmt018751633
IRS990/NetAssetsOrFundBalancesEOYAmt019178021
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1657
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt018761
IRS990/OfficeExpensesGrp/TotalAmt048926
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0612821
IRS990/OtherAssetsTotalGrp/EOYAmt0578776
IRS990/OtherChangesInNetAssetsAmt0172910
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0103709
IRS990/OtherExpensesGrp/Desc0SOURCE OF SUPPLY
IRS990/OtherExpensesGrp/Desc1TRANSMISSION & DISTRIBU
IRS990/OtherExpensesGrp/Desc2BUSINESS TAXES
IRS990/OtherExpensesGrp/Desc3FIELD OPERATIONS
IRS990/OtherExpensesGrp/TotalAmt0521745
IRS990/OtherExpensesGrp/TotalAmt1122751
IRS990/OtherExpensesGrp/TotalAmt271114
IRS990/OtherExpensesGrp/TotalAmt370801
IRS990/OtherSalariesAndWagesGrp/TotalAmt0572688
IRS990/OtherSourcesGrossIncomeAmt03095
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt074280
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01875119
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01832438
IRS990/PensionPlanContributionsGrp/TotalAmt016349
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011484
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017249
IRS990/PrincipalOfficerNm0MIKE CRAIG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03131487
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13061
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03131487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13061
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-2245
IRS990/PYOtherExpensesAmt01820142
IRS990/PYOtherRevenueAmt03838
IRS990/PYProgramServiceRevenueAmt03059507
IRS990/PYRevenuesLessExpensesAmt0324314
IRS990/PYSalariesCompEmpBnftPaidAmt0916644
IRS990/PYTotalExpensesAmt02736786
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03061100
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0255135
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08192824
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08446302
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04308916
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05099027
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0191064
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0262344
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0453408
IRS990ScheduleD/EquipmentGrp/BookValueAmt015784167
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012772446
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028556613
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02891705
IRS990ScheduleD/LandGrp/BookValueAmt0457031
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0457031
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1657
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039469
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039469
IRS990ScheduleD/RevenueNotReportedAmt0-1657
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03146840
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016471731
IRS990ScheduleD/TotalExpensesPerForm990Amt02891705
IRS990ScheduleD/TotalRevenuePerForm990Amt03146840
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03145183
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02891705
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUMMIT WATER & SUPPLY COMPANY IS A MEMBER OWNED COMPANY, WHICH REQUIRES EVERY CONNECTION TO THE SYSTEM TO PURCHASE A MEMBERSHIP PRIOR TO RECEIVING SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ELECTS THE GOVERNING BOARD OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S FINANCE COMMITTEE. THE FINANCE COMMITTEE THEN PROVIDES THE BOARD WITH A COPY OF THE FORM 990 AND A RECOMMENDATION TO APPROVE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND TRUSTEES SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THESE STATEMENTS ARE REVIEWED BY THE BOARD AND ADDRESSED APPROPRIATELY. DURING THE REPORTING PERIOD NO CONFLICTS OF INTEREST WERE IDENTIFIED THAT REQUIRED ANY ACTION BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A PERSONNEL COMMITTEE THAT CONDUCTS PERFORMANCE EVALUATIONS AND COMPENSATION SURVEYS OF COMPARABLE ORGANIZATIONS TO ESTABLISH THE SALARY LEVEL OF ALL THE ORGANIZATION'S EMPLOYEES, INCLUDING TOP MANAGEMENT. THE COMPENSATION LEVELS ARE THEN SUBMITTED TO THE BOARD, TOGETHER WITH THE SUPPORTING DOCUMENTATION, FOR BOARD APPROVAL. THE SAME PROCESS IS UTILIZED FOR ESTABLISHING AND APPROVING COMPENSATION FOR THE ORGANIZATION'S OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE AT THE ADMINISTRATIVE OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN CONTRIBUTION IN AID OF CONSTRUCTION -42,681. MEMBERSHIP CONTRIBUTIONS 215,591.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt022572337
IRS990/TotalAssetsEOYAmt022874272
IRS990/TotalAssetsGrp/BOYAmt022572337
IRS990/TotalAssetsGrp/EOYAmt022874272
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/TotalAmt02891705
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03820704
IRS990/TotalLiabilitiesEOYAmt03696251
IRS990/TotalLiabilitiesGrp/BOYAmt03820704
IRS990/TotalLiabilitiesGrp/EOYAmt03696251
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt018751633
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt019178021
IRS990/TotalOtherCompensationAmt011823
IRS990/TotalProgramServiceRevenueAmt03134548
IRS990/TotalReportableCompFromOrgAmt0119645
IRS990/TotalRevenueGrp/ExclusionAmt012292
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03134548
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03146840
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022572337
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022874272
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09701 50TH AVENUE EAST
IRS990/USAddress/CityNm0TACOMA
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098446
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.SUMMITWATER.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE CRAIG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02535377781
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUMMIT WATER & SUPPLY COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0910430730
ReturnHeader/Filer/PhoneNum02535377781
ReturnHeader/Filer/USAddress/AddressLine1Txt09701 50TH AVENUE EAST
ReturnHeader/Filer/USAddress/CityNm0TACOMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098446
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911623649
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON STONE & PAGANO PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01501 REGENTS BLVD SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FIRCREST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098466
ReturnHeader/PreparerPersonGrp/PhoneNum02535667070
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL MCCRABB
ReturnHeader/ReturnTs02015-04-15T13:59:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.