2021-09-22T08:59:46-05:00 2021-06-30 205707632 KEMP WILLIAMS STEVERSON & BERNARD PA PO BOX 271 MERIDIAN MS 39302 990 2020-07-01 640443201 HARMONY WATER ASSOCIATION INC HARM 6017762593 P O BOX 342 QUITMAN MS 39355 KATHY MCLEOD TREASURER 6017762593 2021-09-20 1 KATHY MCLEOD 999009999 PAMELA C STEVERSON P00603550 6016936105 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KATHY MCLEOD P O BOX 342 QUITMAN MS 39355 1192989 0 X WWW.HARMONYWATER.MYRURALWATER.COM X 1966 MS PROVIDING WATER TO CUSTOMERS IN CERTAIN RURAL AREAS OF CLARKE COUNTY, MISSISSIPPI, INCLUDING THE COMMUNITY OF HARMONY, MISSISSIPPI. 5 5 11 0 0 0 0 0 1095738 1096885 59100 56731 4259 39373 1159097 1192989 0 0 0 0 307080 318691 0 0 0 793816 802642 1100896 1121333 58201 71656 7151511 7025507 2881760 2684100 4269751 4341407 HARMONY WATER ASSOCIATION, INC. IS A RURAL WATER ASSOCIATION PROVIDING WATER TO CUSTOMERS IN A RURAL AREA IN CLARKE COUNTY 0 0 307456 DEPRECIATION EXPENSE - DEPRECIATION IS CLAIMED ON THE WATER DISTRIBUTION SYSTEM AND ALL EQUIPMENT REQUIRED TO MAINTIAN AND SERVICE THE WELL, DISTRIBUTION SYSTEM, AND TREATMENT FACILITY. DEPRECIATION IS CLAIMED UTILIZING THE STRAIGHT LINE METHOD OF DEPRECIATION. 211801 SALARIES EXPENSE - ALL EMPLOYEES OF THE ASSOCIATION WORK FOR THE BETTERMENT OF THE ASSOCIATION TO KEEP THE WELLS RUNNING AND SERVING ALL CUSTOMERS. 132905 REPAIRS & MAINTENANCE - HARMONY WATER ASSOCIATION, INC. PERFORMS ONGOING UPKEEP TO THE WELLS TO ENSURE THAT THEY WILL PROPERLY SERVE THE CUSTOMERS. 363059 363059 1015221 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 11 0 0 0 0 0 0 0 0 1096885 96104 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 1 1 0 MS X KATHY MCLEOD 6017762593 P O BOX 342 QUITMAN MS 39355 MICHAEL ROBINSON VICE PRESIDENT 1.00 X X 4850 0 0 DONALD KEMP DIRECTOR 1.00 X 4850 0 0 PAULA COOKS DIRECTOR 1.00 X 4600 0 0 JEFF ARRINGTON DIRECTOR 1.00 X 4850 0 0 DARRICK MARSHALL PRESIDENT 1.00 X 4850 0 0 24000 0 0 0 0 0 0 0 WATER SERVICE 221000 1024021 1024021 LATE PENALTIES 221000 35751 35751 SERVICE CHARGES 221000 22663 22663 INSTALLATION FEES 221000 8500 8500 MEMBERSHIP FEES 221000 5950 5950 1096885 56731 56731 MISCELLANEOUS 221000 38256 38256 EMEPA CREDITS 221000 1117 1117 39373 1192989 1192989 0 0 264751 211801 52950 34934 27947 6987 19006 15205 3801 32281 12000 20281 63601 63601 12861 12861 100672 100672 307456 307456 25928 20742 5186 REPAIRS & MAINTENANCE 132905 132905 POSTAGE 8957 8957 WATER TESTING 7229 7229 TRAINING 2065 2065 108687 91780 16907 1121333 1015221 106112 0 162876 135974 1021104 1432016 168270 171409 32971 32844 14871 15492 11158101 6438813 4930673 4719288 820746 518484 7151511 7025507 46508 38993 2705829 2513361 129423 131746 2881760 2684100 X 4269751 4341407 4269751 4341407 7151511 7025507 71656 0 X X 0 1 X 1 0 18450 18450 146262 39371 106891 2456 2456 0 282320 174863 107457 10708613 6222123 4486490 4719288 CERTIFICATES OF DEPOSIT-LONG TERM MATURITIES 203897 INTEREST RECEIVABLE ON LT CERTIFICATES OF DEPOSIT 1100 RESTRICTED CDS - METER DEPOSITS 131746 RESTRICTED CDS - DEBT SERVICE RESERVE 144000 COBANK STOCK 37741 518484 CUSTOMER METER DEPOSITS 131746 131746 X 1096885 0 1096885 96104 96104 1192989 1121333 0 1121333 0 1121333 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ACS 740-10 (FORMERLY FIN 48, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES"). FASB ASC 740-10 CALLS FOR RECOGNITION AND MEASUREMENT OF ALL UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BY U.S. COMPANIES. THE ASSOCIATION HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS NOR DO THEY EXPECT TO. THE FEDERAL INCOME TAX RETURNS OF THE ASSOCIATION FOR 2020, 2019, 2018, AND 2017 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI - LINE 4B PART XI - LINE 4B IS INTEREST INCOME $ 29,766 PATRONAGE DIVIDEND 26,965 MISCELLANEOUS INCOME 38,256 REFUND FROM EMEPA 1,117 TOTAL $ 96,104 FORM 990, PART VI, SECTION A, LINE 6 THE GOVERNING BODY CONSISTS OF 5 INDEPENDENT, VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY CONSISTS OF 5 INDEPENDENT, VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PART IV SECTION B LINE 11A - THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE SIGNING AND FILING. FORM 990, PART VI, SECTION B, LINE 15 PART IV SECTION B LINE 15A AND 15B - SALARIES OF ALL EMPLOYEES ARE SET BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 PART IV SECTION C LINE 19 - INFORMATION IS AVAILABLE AT THE OFFICE UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS SERVES AS THE OVERSIGHT COMMITTEE. THE INDEPENDENT ACCOUNTANT IS VOTED ON BY THE BOARD OF DIRECTORS. PART III, SECTION 4D FORM 990, PART III, SECTION 4D, OTHER PROGRAM SERVICES: BAD DEBTS $ 11,074 CHEMICALS 19,540 DIRECTORS FEES 12,000 DUES AND MEMBERSHIP 516 EMPLOYEE BENEFITS 27,947 INSURANCE 20,742 INTEREST EXPENSE 100,672 MISCELLANEOUS 1,126 OFFICE EXPENSE 16,672 PAYROLL TAXES 15,205 POSTAGE 8,957 TELEPHONE EXPENSE 7,748 TOOLS 2,230 TRAINING FEES 2,065 TRAVEL EXPENSE 12,861 TRUCK EXPENSE 29,383 UNIFORMS EXPENSE 3,491 UTILITIES EXPENSE 63,601 WATER TESTING 7,229 TOTAL $ 363,059