NORTH PIKE WATER ASSOCIATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: NORTH PIKE WATER ASSOCIATION INC (EIN 64-0574368)
Tax period: 2020-04-01 to 2021-03-31
Filed: 2022-02-10
IRS object ID: 202220419349300327
Schema version: 2020v4.0
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
Form 990
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-02-10T09:48:15-06:00	ReturnTs
Tax Period End	2021-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	640934273	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ALFORD HOLLOWAY & SMITH PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	104 COMMERCE ST	AddressLine1Txt
City	MCCOMB	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39648	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	640574368	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NORTH PIKE WATER ASSOCIATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NORT	BusinessNameControlTxt
Phone	6016847399	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 445	AddressLine1Txt
City	SUMMIT	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39666	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK WALLACE	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6016847399	PhoneNum
Signature	2022-02-05	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MARK	PersonFirstNm
Person Last	WALLACE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	HARRELL HAL E HOLLOWAY JR	PreparerPersonNm
PTIN	P00054177	PTIN
Phone	6016849721	PhoneNum
Preparation	2022-02-05	PreparationDt

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Amended Return	Yes (X)	AmendedReturnInd
Principal Officer	MARK WALLACE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4102 MAGNOLIA PISGAH RD	AddressLine1Txt
City	SUMMIT	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39666	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$992,304	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1972	FormationYr
Legal Domicile State	MS	LegalDomicileStateCd
Activity Or Mission	RURAL WATER ASSOCIATION	ActivityOrMissionDesc
Voting Members Governing Body	4	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	5	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$821,032	PYProgramServiceRevenueAmt
CY Program Service Revenue	$976,477	CYProgramServiceRevenueAmt
PY Investment Income	$15,076	PYInvestmentIncomeAmt
CY Investment Income	$15,827	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$836,108	PYTotalRevenueAmt
CY Total Revenue	$992,304	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$213,480	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$219,799	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$404,308	PYOtherExpensesAmt
CY Other Expenses	$445,259	CYOtherExpensesAmt
PY Total Expenses	$617,788	PYTotalExpensesAmt
CY Total Expenses	$665,058	CYTotalExpensesAmt
PY Revenues Less Expenses	$218,320	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$327,246	CYRevenuesLessExpensesAmt
Total Assets BOY	$4,853,525	TotalAssetsBOYAmt
Total Assets EOY	$5,470,795	TotalAssetsEOYAmt
Total Liabilities BOY	$2,692,574	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,982,598	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,160,951	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,488,197	NetAssetsOrFundBalancesEOYAmt
Mission	RURAL WATER ASSOCIATION	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	PROVIDE CLEAN DRINKING WATER TO ASSOCIATION MEMBERS.	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	3	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	5	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Members And Shr Gross Income	$966,517	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$25,787	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	4	GoverningBodyVotingMembersCnt
Independent Voting Member	4	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MS	StatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ALFORD HOLLOWAY & SMITH PLLC	BusinessNameLine1Txt
Business Name Line2	ALFORD HOLLOWAY & SMITH PLLC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Phone	6016849721	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	104 COMMERCE ST	AddressLine1Txt
Address Line2	104 COMMERCE ST	AddressLine2Txt
City	MCCOMB	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39648	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
LEE BARKDULL
VICE PRESIDE	1.00	Yes (X)	Yes (X)	$0	$0	$0
URIAH COLLINS
SEC-TREAS	1.00	Yes (X)	Yes (X)	$0	$0	$0
MIKE ENNIS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MARK WALLACE
PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
WATER SYSTEM SALES	$949,902	$949,902
METER FEES	$16,615	$16,615
OTHER CHARGES AND FEES	$9,960	$9,960

Field	Value	IRS element (for citing)
Total Program Service Revenue	$976,477	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$15,827	TotalRevenueColumnAmt
Related Or Exempt Func Income	$15,827	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$992,304	TotalRevenueColumnAmt
Related Or Exempt Func Income	$992,304	RelatedOrExemptFuncIncomeAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$198,430	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,842	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$15,527	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$54,155	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,928	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$51,195	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$116,468	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$57,490	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
UTILITIES	$62,357
SUPPLIES	$33,389
REPAIRS	$16,137
FUEL	$8,011

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$43,129	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$665,058	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$226,105	BOYAmt
EOY	$503,886	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$918,627	BOYAmt
EOY	$934,327	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$104,418	BOYAmt
EOY	$114,875	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$10,185	BOYAmt
EOY	$12,424	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,943,794	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,055,787	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,040,166	BOYAmt
EOY	$3,888,007	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,626	BOYAmt
EOY	$17,126	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,548,398	BOYAmt
EOY	$150	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,853,525	BOYAmt
EOY	$5,470,795	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$9,483	BOYAmt
EOY	$20,027	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$1,047,032	BOYAmt
EOY	$2,875,949	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,636,059	BOYAmt
EOY	$86,622	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,692,574	BOYAmt
EOY	$2,982,598	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$2,160,951	BOYAmt
EOY	$2,488,197	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,160,951	BOYAmt
EOY	$2,488,197	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,853,525	BOYAmt
EOY	$5,470,795	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$327,246	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$31,151	OtherCostOrOtherBasisAmt
Book Value	$31,151	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,912,643	OtherCostOrOtherBasisAmt
Depreciation	$2,055,787	DepreciationAmt
Book Value	$3,856,856	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$3,888,007	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
CUSTOMER DEPOSITS	$81,328
PAYROLL TAXES PAYABLE	$3,934
RETIREMENT PAYABLE	$907
SALES TAX PAYABLE	$453

Field	Value	IRS element (for citing)
Total Liability	$86,622	TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 1, ITEM B	THE TAX RETURN WAS PREPARED PRIOR TO THE COMPLETION OF THE AUDIT. AN AMENDED RETURN IS BEING FILED TO REFLECT CHANGES MADE TO THE FINANCIAL STATEMENTS AFTER THE FINANCIAL STATEMENT AUDIT WAS COMPLETED. THE NET EFFECT OF THE CHANGES IS A 12,947 INCREASE IN NET INCOME AS DETAILED BELOW. ACCOUNTS RECEIVABLE ALLOWANCE FOR DOUBTFUL ACCOUNTS WAS DECREASED 6592 CUSTOMER DEPOSITS WAS DECREASED TO AGREE WITH SUBSIDIARY LEDGER 6354 ROUNDING 1 12947 PART VII-FINANCIAL STATEMENTS AND REPORTING HAS BEEN CHANGED TO REFLECT THE AUDIT.
FORM 990, PAGE 6, PART VI, LINE 7A	ALL BOARD MEMBERS ARE VOTED ON BY THE MEMBERSHIP. THOSE RECEIVING MAJORITY VOTE OF ALL THE MEMBERS ARE ELECTED.
FORM 990, PAGE 6, PART VI, LINE 11B	THE TAX RETURN IS REVIEWED BY THE ENTIRE BOARD AT A MONTHLY BOARD MEETING PRIOR TO FILING THE RETURN.
FORM 990, PAGE 6, PART VI, LINE 19	THE ORGANIZATION HAS AN ANNUAL MEETING OF MEMBERS EACH YEAR. THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE AT THE MEETING.