EUREKA WATER ASSOCIATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: EUREKA WATER ASSOCIATION INC (EIN 64-0592181)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-03-24
IRS object ID: 201310839349300251
Schema version: 2012v2.1
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)
Timestamp	2013-03-24T18:55:58-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	640759790	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RB Financial Services Inc	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 Sweet Gum	AddressLine1
City	Batesville	City
State	MS	State
ZIP Code	38606	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	640592181	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	EUREKA WATER ASSOCIATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	EURE	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6790 EUREKA ROAD	AddressLine1
City	COURTLAND	City
State	MS	State
ZIP Code	38620	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PERRY MASSEY	Name
Title	PRES	Title
Phone	6625632268	Phone
Date Signed	2013-03-24	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Raymond Belk	Name
PTIN	P00241906	PTIN
Phone	6625637154	Phone
Date Prepared	2013-03-24	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	PERRY MASSEY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	6793 EUREKA ROAD	AddressLine1
City	COURTLAND	City
State	MS	State
ZIP Code	38620	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	168174	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1978	YearFormation
State Legal Domicile	MS	StateLegalDomicile
Activity Or Mission Description	PROVIDE SAFE DRINKING TO OUR MEMBERS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Nbr Volunteers	5	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	119	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	154462	ProgramServiceRevenuePriorYear
Program Service Revenue CY	168089	ProgramServiceRevenueCY
Investment Income Prior Year	289	InvestmentIncomePriorYear
Investment Income Current Year	85	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	154870	TotalRevenuePriorYear
Total Revenue Current Year	168174	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	17127	SalariesEtcPriorYear
Salaries Etc Current Year	17767	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	146325	OtherExpensePriorYear
Other Expenses Current Year	130558	OtherExpensesCurrentYear
Total Expenses Prior Year	163452	TotalExpensesPriorYear
Total Expenses Current Year	148325	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-8582	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	19849	RevenuesLessExpensesCY
Total Assets BOY	1132793	TotalAssetsBOY
Total Assets EOY	1132067	TotalAssetsEOY
Total Liabilities BOY	533196	TotalLiabilitiesBOY
Total Liabilities EOY	512600	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	599597	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	619467	NetAssetsOrFundBalancesEOY
Mission Description	PROVIDE SAFE DRINKING TO OUR MEMBERS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	148325	Expense
Revenue	168069	Revenue
Description	TO PROVIDE SAFE DRINKING WATER FOR OUR MEMBERS	Description
Total Program Service Expense	148325	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	true	Form8899Filed
Form1098 C Filed	true	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Gross Income From Members	168089	GrossIncomeFromMembers
Gross Income Other Sources	85	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MS	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	PERRY MASSEY	NamePerson
Telephone Number	6625632268	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	6793 EUREKA ROAD	AddressLine1
City	COURTLAND	City
State	MS	State
ZIP Code	38620	ZIPCode

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

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
ANDREW GARNER
DIRECTOR	3.00	X	0	0	0
ROBERT CHAPMAN
DIRECTOR	3.00	X	0	0	0
JAMES MORRIS
SEC-TREAS	3.00		0	0	0	X
MELVIN FERRELL
V PRESIDENT	3.00		0	0	0	X
PERRY MASSEY
PRESIDENT	3.00		0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
WATER SALES	900099	158309	158309
PENALTIES AND OTHER	900099	8405	8405
CONNECTIONS	900099	1375	1375

Field	Value	IRS element (for citing)
Total Program Service Revenue	168089	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	85	TotalRevenueColumn
Related Or Exempt Function Income	85	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	168174	TotalRevenueColumn
Related Or Exempt Function Income	168174	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	16200	Total
Program Services	16200	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1567	Total
Program Services	1567	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	3100	Total
Program Services	3100	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	6860	Total
Program Services	6860	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	15790	Total
Program Services	15790	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	2992	Total
Program Services	2992	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	23339	Total
Program Services	23339	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	34797	Total
Program Services	34797	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
AMORTIZATION	478	478
REPAIRS AND MATERIALS	24115	24115
UTILITIES	15831	15831
DUES AND MICELLANEOUS	3256	3256

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	148325	Total
Program Services	148325	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	37127	BOY
EOY	49805	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	67205	BOY
EOY	45069	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	22982	BOY
EOY	28141	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	14800	BOY
EOY	14300	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	839	BOY
EOY	605	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1549180	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	564514	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	979881	BOY
EOY	984666	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	9959	BOY
EOY	9481	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1132793	BOY
EOY	1132067	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2576	BOY
EOY	2060	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	518139	BOY
EOY	498827	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	12481	BOY
EOY	11713	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	533196	BOY
EOY	512600	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	599597	BOY
EOY	619467	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	599597	BOY
EOY	619467	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1132793	BOY
EOY	1132067	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	19849	ReconcilationRevenueExpenses
Reconcilation Other Changes	21	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview

Accountant Compile Or Review Basis AccountantCompileOrReviewBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
FS Audited	false	FSAudited
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	1549180	InvestmentCostOrOtherBasis
Depreciation	564514	Depreciation
Book Value	984666	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	984666	TotalOfBookValueLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	UNAMORTIZED LOAN COSTS	Description
Book Value	9481	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	9481	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	CUSTOMER METER DEPOSITS	Description
Amount	$11,713	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	11713	TotalOfAmounts

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Members or stockholder classes and rights Part VI line 6	All members have the right to vote at any meeting.
O02	Member election for additional members Part VI line 7a	Board of directors are elected from general membership at annual meeting.
O03	Governing body decisions Part VI line 7b	Officers and directors have authority to make ongoing decisions to operate water system efficiently.
O04	Form 990 governing body review Part VI line 11	OFFICERS AND DIRECTORS WILL REVIEW THE FORM 990 BEFORE IT IS FILED.
O05	Conflict of interest policy compliance Part VI line 12c	OFFICERS AND DIRECTORS MUST COMPLY WITH THE CONFLICT OF INTEREST POLICY. ANY OFFICER OR DIRECTOR WHO BECOMES AWARE OF ANY NON-COMPLIANCE MUST BRING IT TO THE ATTENTION OF THE BOARD.
O06	CEO executive director top management comp Part VI line 15a	ALL OFFICERS AND DIRECTORS ARE VOLUNTEERS AND DO NOT RECEIVE ANY PAY.
O07	Other officer or key employee compensation Part VI line 15b	No one receives any pay. All time is volunteered.
O08	Governing documents etc available to public Part VI line 19	All meetings are open to the general membership.
O09	Explanation of other changes in net assets or fund balances Part XI line 9	ROUNDING IS $1 AND MEMBERSHIP FEES ARE $20