2024-10-02T10:05:38-04:00 2024-06-30 640394922 WATKINS WARD AND STAFFORD PLLC 900B HIGHWAY 19 S MERIDIAN MS 393015527 990 2023-07-01 640433589 CLARKDALE WATER ASSOCIATION INC CLAR 6016934686 5160 HIGHWAY 145 MERIDIAN MS 39301 ANTHONY TRUHETT PRESIDENT 6016934686 2024-09-18 true false MARY G WILLIAMS CPA P00574934 6016936105 2024-09-18 2023 2024-10-15 13:58:12Z ANTHONY TRUHETT 2821 COUNTY ROAD 470 MERIDIAN MS 39301 945071 false X N/A X 1964 MS PROVIDING WATER TO CUSTOMERS IN A RURAL AREA IN LAUDERDALE COUNTY, MISSISSIPPI. 5 5 5 0 0 881508 931447 19137 15695 -17095 -2071 883550 945071 0 0 210360 212334 0 0 713408 754645 923768 966979 -40218 -21908 5316621 5232207 2784273 2721767 2532348 2510440 X PROVIDING WATER TO CUSTOMERS IN A RURAL AREA IN LAUDERDALE COUNTY, MISSISSIPPI. false false 228704 DEPRECIATION EXPENSE - DEPRECIATION IS CLAIMED ON THE WATER DISTRIBUTION SYSTEM AND ALL EQUIPMENT REQUIRED TO MAINTAIN AND SERVICE THE WELL, DISTRIBUTION SYSTEM, AND TREATMENT FACILITY. DEPRECIATION IS CLAIMED UTILIZING THE STRAIGHT LINE METHOD OF DEPRECIATION. 144973 SALARIES & WAGES - ALL EMPLOYEES OF THE ASSOCIATION WORK FOR THE BETTERMENT OF THE ASSOCIATION TO KEEP THE WELLS RUNNING AND SERVICE ALL CUSTOMERS. 97495 INSURANCE EXPENSE - CLARKDALE WATER ASSOCIATION, INC. CARRIES COMMERCIAL INSURANCE TO HELP MITIGATE VARIOUS RISKS OF LOSS RELATED TO TORTS; THEFT OF; DAMAGE TO, AND DESTRUCTION OF ASSETS; ERRORS AND OMISSIONS; INJURIES TO EMPLOYEES; AND NATURAL DISASTERS. 427754 CLARKDALE WATER ASSOCIATION, INC. IS A RURAL WATER ASSOCIATION PROVIDING WATER TO CUSTOMERS IN A RURAL AREA IN LAUDERDALE COUNTY, MISSISSIPPI. 427754 898926 false false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 5 true false false false false false 931447 13624 false false false X 5 5 false false false false true true false true true false false true false false false true true false MS X LESLIE RENEE AUCOIN 6016934686 5160 HIGHWAY 145 MERIDIAN MS 39301 GREG CHATHAM VICE PRESIDE 10.00 X X 588 0 0 ANTHONY TRUHETT PRESIDENT 10.00 X X 588 0 0 TYRONE WILKINS SECRETARY 10.00 X X 588 0 0 RW WILLIAMS DIRECTOR 10.00 X 588 0 0 PHILLIP MOSLEY DIRECTOR 10.00 X 294 0 0 2646 false false false NET WATER SALES 221000 875895 875895 INSTALLATION AND RECONNECT FE 221000 38893 38893 PENALTIES FOR LATE PAYMENTS 221000 14009 14009 MEMBERSHIP FEES 221000 2650 2650 931447 8695 8695 7000 7000 7000 7000 CASUALTY LOSS INSURANCE CLAIM 42541 42541 OTHER INCOME 929 929 CASUALTY LOSS -45541 -45541 -2071 945071 945071 193298 144973 48325 3914 2935 979 15122 11341 3781 8350 8350 74087 71294 2793 15298 11473 3825 63207 63207 1577 1577 95397 95397 228704 228704 97495 97495 MAINTENANCE SUPPLIES 55443 55443 REPAIRS AND MAINTENANCE 32210 32210 CHEMICALS 28311 28311 AUTO/TRUCK 19940 19940 34626 34626 966979 898926 68053 0 200 200 382600 370684 80922 97688 90752 103192 5695 6885 9123817 4830248 4466061 4293569 290391 359989 5316621 5232207 26866 31569 2676606 2608748 80801 81450 2784273 2721767 X 2532348 2510440 2532348 2510440 5316621 5232207 -21908 X false true X true false 69700 69700 193885 113683 80202 475548 343695 131853 8384684 4372870 4011814 4293569 RESTRICTED CDS - DSR 166584 RESTRICTED CDS - METER DEPOSITS 81450 RESTRICTED CASH - SLAR 70886 CDS - LONG-TERM 36966 INTEREST REC ON LT CDS 3951 ORGANIZATION COSTS 152 359989 MEMBERS' METER DEPOSITS 81450 81450 X 945071 945071 945071 966979 966979 966979 SCHEDULE D, PAGE 3, PART X THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THESE FINANCIAL STATEMENTS INCLUDE NO PROVISION OR LIABILITY FOR INCOME TAXES. THE ASSOCIATION FILES ITS FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. THE ASSOCIATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. FORM 990, PART III FORM 990, PART III, SECTION 4D, OTHER PROGRAM SERVICES: BAD DEBTS 1,687 CHEMICALS 28,311 CONTRACT SERVICES 65,909 DUES AND SUBSCRIPTIONS 13,891 EMPLOYEE BENEFITS 2,935 INTEREST 95,397 MAINTENANCE SUPPLIES 55,443 MISCELLANEOUS 477 OFFICE EXPENSE 11,473 PAYROLL TAXES 11,341 REPAIRS AND MAINTENANCE 32,210 TELEHONE 8,215 TRAINING AND TRAVEL 1,577 TRUCK EXPENSE 19,940 UNIFORMS 10,356 UTILITIES 63,207 WATER ANALYSIS FEE 5,385 TOTAL 427,754 FORM 990, PAGE 2, PART III, LINE 4D CLARKDALE WATER ASSOCIATION, INC. IS A RURAL WATER ASSOCIATION PROVIDING WATER TO CUSTOMERS IN A RURAL AREA IN LAUDERDALE COUNTY, MISSISSIPPI. FORM 990, PAGE 6, PART VI, LINE 6 THE GOVERNING BODY CONSISTS OF 5 INDEPENDENT, VOTING MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE GOVERNING BODY CONSISTS OF 5 INDEPENDENT, VOTING MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B ASSOCIATION PROVIDES A COMPLETE COPY OF FORM 990 TO ALL BOARD MEMBERS BEFORE FILING FORM. FORM 990, PAGE 6, PART VI, LINE 15A SALARIES OF ALL EMPLOYEES ARE SET BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES OF ALL EMPLOYEES ARE SET BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE LOCAL LIBRARY.