2024-03-11T19:55:32-04:00 2022-12-31 853926724 NEFFENDORF & BLOCKER PC PO BOX 874 FREDERICKSBURG TX 78624 990 2022-01-01 742114017 DRIPPING SPRINGS WATER SUPPLY CORPORATION DRIP 5128587897 101 HAYS ST SUITE 416 DRIPPING SPRINGS TX 78620 RICHARD D BROUN GENERAL MANAGER 5128587897 2024-03-08 true RICK BROUN XXX-XX-XXXX true KEITH NEFFENDORF P01389641 8309973348 2024-03-08 2022 2023-04-26 12:10:37Z WILLIAM JACKSON 7134883 false X WWW.DRIPPINGSPRINGSWATER.COM X 1964 TX TO FURNISH A WATER SUPPLY SERVICE FOR GENERAL FARM AND DOMESTIC PURPOSES FOR INDIVIDUALS 5 5 12 5 0 0 6665539 7117320 6006 16023 2376 1540 6673921 7134883 13100 10000 0 999246 985034 0 0 2444637 2763098 3456983 3758132 3216938 3376751 20535258 23723528 636457 624065 19898801 23099463 TO FURNISH A WATER SUPPLY SERVICE FOR GENERAL FARM AND DOMESTIC PURPOSES FOR INDIVIDUALS RESIDING IN THE COMMUNITY OF DRIPPING SPRINGS, TEXAS, AND TO MAKE AND COLLECT CHARGES FOR THIS SERVICE. false false TO FURNISH WATER SUPPLY FOR GENERAL FARM AND DOMESTIC PURPOSES FOR INDIVIDUALS RESIDING IN THE COMMUNITY OF DRIPPING SPRINGS, TEXAS AND TO SET AND COLLECT CHARGES FOR THIS SERVICE. false false false false false false false false false true false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false 2 0 false 12 true false false false false false 7118860 16023 false false false X 5 5 false false false false false false false true true false false true true true false false false false false false RICK BROUN AJ GRAY 5128587897 101 HAYS ST SUITE 416 DRIPPING SPRINGS TX 78620 WILLIAM JACKSON PRESIDENT 2.00 X 0 0 0 TRAVIS CROW VICE-PRESIDE 1.00 X 0 0 0 REX MILLER SECRETARY/TR 1.00 X 0 0 0 MARK KEY BOARD MEMBER 1.00 X 0 0 0 CHARLIE BUSBEY BOARD MEMBER 1.00 X 0 0 0 ALAN S GRAY OPERATIONS M 40.00 X 116970 27600 0 RICHARD D BROUN GENERAL MANA 40.00 X 87585 0 0 204555 27600 1 false false false ALTERMAN INC PO BOX 700490 SAN ANTONIO TX 78270 INFRASTRUCTURE 1000837 M C FONSECA CONSTRUCTION 1901 PRARIE CREEK RD GRANITE SHOALS TX 78654 INFRASTRUCTURE 290823 HYDROPRO SOLUTIONS LLC PO BOX 106 HOUSTON TX 77001 EQUIPMENT;MAINT 237924 3 WATER SALES 221000 5072835 5072835 DEVELOPER & MEMBERSHIP 221000 1607400 1607400 OTHER FEES & INSTALL 221000 383189 383189 WASTEWATER COLLECTION 221000 53896 53896 7117320 16023 16023 OTHER INCOME 900099 1540 1540 1540 7134883 7118860 16023 10000 10000 647745 435307 212438 17705 17705 268733 180598 88135 50851 33633 17218 24187 24187 35319 35319 34573 34573 53408 53408 60837 8990 51847 208493 183588 24905 2162 2162 440 440 596303 596303 48875 48875 PURCHASED WATER 1024865 1024865 MATERIALS, SUPPLIES 595703 595703 LOSS ON DISPOSAL 37795 37795 BANK & CREDIT CARD FEES 25379 25379 14759 5086 9673 3758132 3309862 448270 0 1170 7167366 9445602 803113 768933 24822 25240 18420980 4938397 12539957 13482583 20535258 23723528 324470 416907 2700 7503 309287 199655 636457 624065 X 19898801 23099463 19898801 23099463 20535258 23723528 X 3376751 -176089 X false true X true false 541942 541942 105778 41062 64716 17773260 4897335 12875925 13482583 DUE TO CITY OF DRIPPING SPRINGS 136350 CUSTOMER DEPOSITS 46472 CREDIT CARD PAYABLE 16833 199655 X 7134883 7134883 7134883 3758132 3758132 3758132 SCHEDULE D, PAGE 3, PART X THE CORPORATION HAS ADOPTED FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THAT STANDARD PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE CORPORATION HAS ANALYZED THE TAX POSITIONS TAKEN OR EXPECTED, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. true SCHOLARSHIPS 10000 SCHEDULE I, PAGE 4, PART IV PART III, LINE 1 FINANCIAL SCHOLARSHIPS ARE OFFERED TO HIGH SCHOOL SENIORS GRADUATING FROM THE DRIPPING SPRINGS HIGH SCHOOL OR FROM PRIVATE SCHOOLS INSIDE THE DRIPPING SPRINGS WATER SUPPLY CORPORATION'S SERVICE AREA, AND TO STUDENTS WHO ARE HOME SCHOOLED WHOSE PARENTS ARE MEMBERS OF THE WATER SUPPLY CORPORATION. THE APPLICANTS COMPLETE AN APPLICATION DESCRIBING THEIR ACHIEVEMENTS, GOALS, AND THE INSTITUTION THEY WILL BE ATTENDING, AND THE BOARD OF DIRECTORS SESLECTS THE RECIPIENTS. THE SCHOLARSHIP CHECKS ARE SENT DIRRECTLY TO THE RECIPIENTS' CHOSEN INSTITUTES OF LEARNING. FORM 990 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: RESIDING IN THE COMMUNITY OF DRIPPING SPRINGS, TEXAS, AND TO MAKE AND COLLECT CHARGES FOR THIS SERVICE. FORM 990, PART VI FORM 990, PART VI, SECTION A, LINE 6: EVERY PERSON OWNING OR HAVING A LEGAL RIGHT TO THE CONTROL, POSSESSION OR OCCUPANCY OF PROPERTY SERVED BY THE CORPORATION SHALL HAVE THE RIGHT TO BECOME A MEMBER OF THE CORPORATION UPON PAYMENT OF THE MEMBERSHIP FEE AND UPON COMPLIANCE WITH THE CORPORATION'S CONDITIONS OF WATER SERVICE AS DESCRIBED IN ITS PUBLISHED CHARGES, RATES AND CONDITIONS OF SERVICE. FORM 990, PART VI, SECTION A, LINE 7A: THE DIRECTORS ARE ELECTED BY THE MEMBERS AT THE MEMBERS' REGULAR MEETING AS DESCRIBED IN ARTICLE XI OF ITS BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B: THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C: EACH YEAR ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICT VIA A CONFLICT OF INTEREST STATEMENT AT A BOARD MEETING PRIOR TO THE CORPORATION'S ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15A: THE GENERAL MANAGER REPORTS TO THE BOARD OF DIRECTORS WHO SETS HIS/HER COMPENSATION FOR THE UPCOMING YEAR. EMPLOYEE WAGES SET BY GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 19: WITH PRIOR WRITTEN CONSENT, CORPORATE RECORDS, BOOKS AND ANNUAL REPORTS SHALL BE AVAILABLE FOR PUBLIC INSPECTION AND COPYING DURING NORMAL BUSINESS HOURS. FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART XI, LINE 9 PRIOR PERIOD ADJUSTMENTS-ACCORDING TO PREVIOUS TAX PREPARER,PRIOR YEAR FORM 990 WAS PREPARED FROM INTERNAL FINANCIAL REPORTS BEFORE FINAL AUDITED STATEMENTS WERE DONE. PRIOR PERIOD AJUSTMENT NECESSARY TO CORRECT BALANCES.