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WESTOVER WATER ASSOCIATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
WESTOVER WATER ASSOCIATION INC (EIN 64-0468112)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-03-05
IRS object ID
202420659349300802
Schema version
2023v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-03-05T09:29:34-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN640394922PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WATKINS WARD AND STAFFORD PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1606 SOUTH 16TH STREETAddressLine1Txt
CityOXFORDCityNm
State AbbreviationMSStateAbbreviationCd
ZIP38655ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN640468112EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WESTOVER WATER ASSOCIATION INCBusinessNameLine1Txt
Business Name Line2WESTOVER WATER ASSOCIATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlWESTBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line139 CR 105AddressLine1Txt
CityOXFORDCityNm
State AbbreviationMSStateAbbreviationCd
ZIP38655ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROY BUNCHPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone6622344199PhoneNum
Signature2024-02-28SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROYPersonFirstNm
Person LastBUNCHPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAVERY S FOSTER CPAPreparerPersonNm
PTINP02111838PTIN
Phone6622818900PhoneNum
Preparation2024-02-28PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROY BUNCHPrincipalOfficerNm
Gross Receipts$337,295GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1967FormationYr
Legal Domicile StateMSLegalDomicileStateCd
Activity Or MissionPROVIDE SAFE DRINKING WATER TO ITS MEMBERS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$311,870PYProgramServiceRevenueAmt
CY Program Service Revenue$330,145CYProgramServiceRevenueAmt
PY Investment Income$1,500PYInvestmentIncomeAmt
CY Investment Income$7,150CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$313,370PYTotalRevenueAmt
CY Total Revenue$337,295CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$43,572PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$45,742CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$297,116PYOtherExpensesAmt
CY Other Expenses$303,355CYOtherExpensesAmt
PY Total Expenses$340,688PYTotalExpensesAmt
CY Total Expenses$349,097CYTotalExpensesAmt
PY Revenues Less Expenses-$27,318PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$11,802CYRevenuesLessExpensesAmt
Total Assets BOY$3,685,248TotalAssetsBOYAmt
Total Assets EOY$3,639,291TotalAssetsEOYAmt
Total Liabilities BOY$2,083,903TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,048,628TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,601,345NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,590,663NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE SAFE DRINKING WATER TO RURAL CONSUMERSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTO PROVIDE SAFE DRINKING WATER TO RURAL CONSUMERSDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescTO PROVIDE SAFE DRINKING WATER TO RURAL CONSUMERSDesc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Members And Shr Gross Income$330,365MembersAndShrGrossIncomeAmt
Other Sources Gross Income$7,150OtherSourcesGrossIncomeAmt
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WESTOVER WATER ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6622344199PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line139 CR 105AddressLine1Txt
CityOXFORDCityNm
State AbbreviationMSStateAbbreviationCd
ZIP38655ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
VERNON JONES
PRESIDENT20.00Yes (X)Yes (X)$0$0$0
JERRY LOCKE
VICE PRESIDE10.00Yes (X)Yes (X)$0$0$0
ROY BUNCH
SECRETARY10.00Yes (X)Yes (X)$0$0$0
ANTHONY BLAKE
TRUSTEE5.00Yes (X)$0$0$0
JULIAN SMITH
TRUSTEE5.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescWATER REVENUEDesc
Total Revenue Column$330,145TotalRevenueColumnAmt
Related Or Exempt Func Income$330,145RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$330,145TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,150TotalRevenueColumnAmt
Related Or Exempt Func Income$7,150RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$337,295TotalRevenueColumnAmt
Related Or Exempt Func Income$337,295RelatedOrExemptFuncIncomeAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$42,525TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,217TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,600TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,212TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$14,726TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$62,386TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$130,782TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,335TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
VEHICLE EXPENSE$33,287
REPAIRS AND MAINTENANCE$31,721
OPERATING SUPPLIES$7,823
WATER DUES/FEES$2,785

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,698TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$349,097TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$341,573BOYAmt
EOY$428,634EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$18,479BOYAmt
EOY$16,147EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,850BOYAmt
EOY$1,947EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,238,279LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,046,716LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,322,346BOYAmt
EOY$3,191,563EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,000BOYAmt
EOY$1,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,685,248BOYAmt
EOY$3,639,291EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,886BOYAmt
EOY$16,204EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,037,899BOYAmt
EOY$1,988,577EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$40,118BOYAmt
EOY$43,847EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,083,903BOYAmt
EOY$2,048,628EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$6,821BOYAmt
EOY$7,941EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$1,594,524BOYAmt
EOY$1,582,722EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,601,345BOYAmt
EOY$1,590,663EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,685,248BOYAmt
EOY$3,639,291EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$11,802ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$1,120OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,543OtherCostOrOtherBasisAmt
Book Value$3,543BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,543TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCUSTOMER DEPOSITSDesc
Amt$43,847Amt
FieldValueIRS element (for citing)
Total Liability$43,847TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DTO PROVIDE SAFE DRINKING WATER TO RURAL CONSUMERS
FORM 990, PAGE 6, PART VI, LINE 2WESTOVER WATER ASSOCIATION WESTOVER WATER ASSOCIATION PRESIDENT MANAGER SPOUSE WESTOVER WATER ASSOCIATION LAWN SERVICES SECRETARY OWNER SELF
FORM 990, PAGE 6, PART VI, LINE 11BTHE BOARD AND MANAGMENT REVIEW THE RETURN BEFORE IT IS FILED.
FORM 990, PAGE 6, PART VI, LINE 12CIF CONFLICTS ARISE, THEY ARE REPORTED AT THE MONTHLY BOARD MEETINGS AND RESOLVED ON THE THE SPOT. IF THE CONFLICT CANNOT WAIT UNTIL THE MONTHLY MEETING THEN A SPECIAL MEETING IS CALLED TO RESOLVE THE CONFLICT. THE ASSOCIATION'S GOAL IN RESOLVING THE CONFLICT IS TO REDUCE ANY RISK TO THE ASSOCIATION ARISING FROM THE CONFLICT TO AN ACCEPTABLE LEVEL.
FORM 990, PAGE 6, PART VI, LINE 19BY REQUEST
FORM 990, PART XI, LINE 9MEMBERSHIPS 1,120