2024-11-14T11:56:15-06:00 2023-12-31 341310124 REA & ASSOCIATES INC 212 N WASHINGTON STREET MILLERSBURG OH 44654 990 2023-01-01 346552700 WALNUT CREEK WATER COMPANY WALN 3307633621 PO BOX 28 WALNUT CREEK OH 44687 RANDALL HOCHSTETLER SECRETARY/TREASURER 3307633621 2024-10-30 1 0 CHRIS ROUSH CPA P00100273 3306746055 2024-10-30 2023 2024-10-15 13:58:12Z KERMIT MILLER PO BOX 28 WALNUT CREEK OH 44687 325454 0 X N/A X 1994 OH PROVIDING WATER TO THE WALNUT CREEK COMMUNITY 6 4 3 3 0 0 0 0 0 0 1259 3783 140143 142467 141402 146250 0 0 0 0 2989 123 0 0 0 125919 143841 128908 143964 12494 2286 2596833 2551378 2038386 1990645 558447 560733 PROVIDING WATER TO THE WALNUT CREEK AREA COMMUNITY. 0 0 THE ORGANIZATION KEPT COMMUNITY WATERLINES IN WORKING ORDER FOR THE YEAR. WALNUT CREEK WATER COMPANY KEPT THE QUALITY OF WATER IN COMPLIANCE WITH EPA STANDARDS AND REGULATIONS. THE ORGANIZATION MONITORED THE COMMUNITY WATER TABLE TO DETERMINE LONGEVITY OF EXISTING WELLS AND POTENTIAL NEW DRILLING SITES. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 0 3 1 0 0 0 0 0 319871 5583 0 0 0 X 6 4 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 X X THE ORGANIZATION 3307633621 PO BOX 28 WALNUT CREEK OH 44687 MAX TROYER DIRECTOR 1.00 X 360 0 0 KIRBY MILLER DIRECTOR 1.00 X 360 0 0 KERMIT MILLER PRESIDENT 1.00 X X 360 0 0 AL YODER VICE PRESIDENT 1.00 X X 360 0 0 RANDALL HOCHSTETLER SECRETARY/TREASURER 3.00 X X 360 0 0 HEATHER VANCE BILLING CLERK 8.00 X 7200 0 0 9000 0 0 0 0 0 0 0 3783 3783 319871 179204 140667 140667 MISCELLANEOUS INCOME 900099 1800 1800 1800 146250 142467 0 3783 X 123 16500 22353 12236 14488 71455 6809 143964 486964 323269 79372 79850 39350 41977 15413 2787 3919473 1815978 1975734 2103495 2596833 2551378 6718 3806 2770 2718 2028898 1984121 2038386 1990645 X 558447 560733 558447 560733 2596833 2551378 2286 0 X 0 1 X 1 0 144745 144745 1292980 558999 733981 2481748 1256979 1224769 2103495 X 325454 179204 179204 146250 0 146250 323168 179204 179204 143964 0 143964 PART X, LINE 2: THE WATER COMPANY HAS ADOPTED ASC TOPIC 740 (FORMERLY FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE WATER COMPANY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. IN ADDITION, THE GUIDANCE ON ASC TOPIC 740 ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT HAS DETERMINED THAT THE EFFECTS OF THE ADOPTION OF THIS PRONOUNCEMENT TO BE INSIGNIFICANT, THEREFORE NO ADJUSTMENTS HAVE BEEN RECORDED AND NO FURTHER DISCLOSURES REQUIRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 179,204. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 179,204. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS TO WHICH THE ORGANIZATION PROVIDES SERVICES. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE EQUAL VOTING RIGHTS, ONE VOTE PER MEMBER. MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING, OFFICERS SERVE AT THE APPOINTMENT BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS AN INDEPENDENT ACCOUNTING FIRM PREPARE THEIR FORM 990. ONCE PREPARED, A DRAFT IS SENT TO THE SECRETARY/TREASURER WHO DISTRIBUTES THE FORM TO EACH OF THE OTHER BOARD MEMBERS FOR REVIEW. ONCE THE FORM IS APPROVED BY THE BOARD, IT IS FILED WITH THE APPROPRIATE TAX AUTHORITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HOLDS AN ANNUAL MEETING FOR ITS MEMBERS AND PROVIDES FINANCIAL REPORTS FOR THIS MEETING. THE ORGANIZATION'S POLICIES AND MOST RECENTLY FILED RETURNS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES 22,353.