2024-06-14T15:51:43+00:00 2023-12-31 440160260 Forvis Mazars LLP 1003 Red Banks Road Greenville NC 27858 990 2023-01-01 560862041 Eastern Pines Water Corporation EAST 2527527420 5442 Eastern Pines Road Greenville NC 27858 Barry Sutton Secretary 2024-06-14 true Barry Sutton 999009999 true Brandon Hales P01319929 2523210505 2024-06-10 2023 2023-04-26 12:10:37Z Barry Sutton 5442 Eastern Pines Road Greenville NC 27858 6116593 false X N/A X 1965 NC To provide water to its membership. 5 4 13 0 0 0 5158515 5237759 44623 316141 719756 538112 5922894 6092012 0 0 668628 715215 0 0 4404643 4199016 5073271 4914231 849623 1177781 29589358 30340369 11578496 11168730 18010862 19171639 Eastern Pines Water Corporation operates as a member-owned corporate body to construct, maintain, and operates a rural system serving the member-owners in southeastern Pitt County. false false 4122787 The corporation carried outs its exempt purpose in 2023 by providing water to its membership. 4122787 false false false false false false false false true false true false true 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 true 11 0 true 13 true false false false false false 5301281 2279 false false false X 5 4 false false false false true true true true false false false true false false false false false false NC X Cindy Griner 2527527420 5442 Eastern Pines Road Greenville NC 27858 Barry Sutton Secretary 40.0 X X 201291 0 0 Kenneth Smith Treasurer 1.0 X X 7200 0 0 Polly Hardee President 1.0 X X 7200 0 0 Vallie Johnson Vice President 1.0 X X 7200 0 0 Rob Lynch BD-Member-Director 1.0 X 7200 0 0 230091 0 0 1 false true false 0 0 Water Receipts 221000 4849148 4849148 Tap-On Fees 221000 260940 260940 Collection Fees 221000 123951 123951 Membership Certificate 221000 3720 3720 0 0 0 0 5237759 340722 340722 0 0 24581 0 -24581 -24581 -24581 DOT Reimbursement 221000 472311 472311 Miscellaneous 221000 63522 63522 Insurance Proceeds 221000 2279 2279 0 0 0 0 538112 6092012 5751290 0 340722 X 36000 18000 18000 587438 146860 440578 49142 12286 36856 42635 13643 28992 77876 77876 23615 23615 0 0 10567 10567 2473 1237 1236 404790 404790 637081 633259 3822 143622 71811 71811 NRWASA Monthly Purchase Allotment 1741200 1741200 Meter Installation 98076 98076 Repairs & Maintenance 137263 131772 5491 Read, Collect & Cut-Off Meters 121305 121305 801148 704933 96215 0 4914231 4122787 791444 0 3573423 3435794 11363094 10058450 293575 666894 0 0 47946 46439 10017 3616 24425447 12243071 10224503 12182376 0 4076800 3946800 0 0 29589358 30340369 1407030 1192419 0 8853100 8536029 1318366 1440282 11578496 11168730 X 18010862 19171639 18010862 19171639 29589358 30340369 X 1177781 -17004 X false true X true false 123134 123134 437014 330661 106353 23865299 11912410 11952889 12182376 Investment in NRWASA 3946800 3946800 Customer Deposits 408282 Other Post-Employment Benefit Liability 1032000 1440282 X 5775871 24581 24581 5751290 340722 340722 6092012 4955816 132015 132015 4823801 90430 90430 4914231 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The organization has determined that it does not have any material unrecognized tax benefits or obligations as of December 31, 2023. Fiscal years ending on or after December 31, 2020 remain subject to examination by federal and state tax authorities. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Loss on Obsolete Assets - 24581 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Investment Income Netted with Interest Expense on Financials - 340722 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Post-Retirement Benefits Book/Tax Difference - 105000 Loss on Sale of Assets - 27015 - Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Depreciation Expense Book/Tax Difference - 90430 X false false false Barry Sutton Secretary 201291 0 0 0 0 0 0 0 0 0 201291 0 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders As noted in the statement of the organization's mission on page 2, part III, line 1, the organization operated as a member-owned corporate body. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body As noted in the statement of the organization's mission on page 2, part III, line 1, the organization operates as a member0owned corporate body. Members elect the board members at the yearly annual meeting. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders As noted in the statement of the organization's mission on page 2, part III, line 1, the organization operates as a member0owned corporate body. The members are invited to a yearly meeting where they are part of the process to elect the board members. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body There are no committees; the full board handles everything. Form 990, Part VI, Line 11b Review of form 990 by governing body The secretary reviews the return before filing with the appropriate federal agency. Form 990, Part VI, Line 19 Required documents available to the public These are made available upon request. Form 990, Part IX, Line 11g Other Expenses Utilities - Total Expense: 72815, Program Service Expense: 71359, Management and General Expenses: 1456, Fundraising Expenses: 0; Bank Charges - Total Expense: 31249, Program Service Expense: 0, Management and General Expenses: 31249, Fundraising Expenses: 0; Postage and Shipping - Total Expense: 46476, Program Service Expense: 34857, Management and General Expenses: 11619, Fundraising Expenses: 0; Auto & Truck - Total Expense: 45114, Program Service Expense: 45114, Management and General Expenses: 0, Fundraising Expenses: 0; Computer Support - Total Expense: 27474, Program Service Expense: 0, Management and General Expenses: 27474, Fundraising Expenses: 0; Water Samples - Total Expense: 28496, Program Service Expense: 28496, Management and General Expenses: 0, Fundraising Expenses: 0; Miscellaneous - Total Expense: 13941, Program Service Expense: 12826, Management and General Expenses: 1115, Fundraising Expenses: 0; Printing and Publication - Total Expense: 10953, Program Service Expense: 0, Management and General Expenses: 10953, Fundraising Expenses: 0; Mowing - Total Expense: 9520, Program Service Expense: 9520, Management and General Expenses: 0, Fundraising Expenses: 0; Chemicals - Total Expense: 23568, Program Service Expense: 23568, Management and General Expenses: 0, Fundraising Expenses: 0; Water Main Relocation Expense - Total Expense: 472311, Program Service Expense: 472311, Management and General Expenses: 0, Fundraising Expenses: 0; Janitorial - Total Expense: 6617, Program Service Expense: 3309, Management and General Expenses: 3308, Fundraising Expenses: 0; Telephone - Total Expense: 7347, Program Service Expense: 0, Management and General Expenses: 7347, Fundraising Expenses: 0; Bad Debts - Total Expense: 996, Program Service Expense: 996, Management and General Expenses: 0, Fundraising Expenses: 0; Uniforms - Total Expense: 2577, Program Service Expense: 2577, Management and General Expenses: 0, Fundraising Expenses: 0; Supplies - Total Expense: 1694, Program Service Expense: 0, Management and General Expenses: 1694, Fundraising Expenses: 0; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Depreciation Expense Book/Tax Difference - 90430; Post-Employment Retirement Benefits Book/Tax Difference - -105000; Loss on Obsolete Assets Book/Tax Difference - -2434;