2024-08-08T15:20:16-04:00 2023-12-31 562547786 Fisher McMurphy and Assoc CPA PLLC 310 N Franklin Street Winnsboro TX 75494 990 2023-01-01 751640781 Sharon Water Supply Corporation SHAR 6175 North State Hwy 37 Winnsboro TX 75494 David Stout General Manager 9033423525 2024-08-07 true true Danielle L Truett P03004247 9033423581 2024-08-08 2023 2024-08-08 14:25:15Z 2355310 false X sharon-water.com X 1972 TX TO PROVIDE POTABLE WATER TO ITS MEMBERS LOCATED IN NORTHEAST TEXAS NEAR WINNSBORO 9 9 11 0 0 0 2152526 2351155 19346 4155 0 2171872 2355310 0 0 705549 743759 0 0 1383386 1323403 2088935 2067162 82937 288148 5387721 5637015 2373180 2261667 3014541 3375348 TO PROVIDE POTABLE WATER TO ITS MEMBERS LOCATED IN NORTHEAST TEXAS NEAR WINNSBORO false false 2067162 2351155 THE COMPANY EXISTS TO PROVIDE POTABLE WATER TO MEMBERS IN ITS DISTRIBUTION AREA OF NORTHEAST TEXAS NEAR WINNSBORO. 2067162 false false false false false false false false true false false false true false 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 14 0 true 11 true false false false false false 2351155 4155 false false false X 9 9 false true false false true true false true true false false true true true true false true false false false TX X David Stout 9033423525 6175 North State Hwy 37 Winnsboro TX 75494 X Richard Brewer Director 1.00 0.00 X 0 0 0 Jeff Zimmerman Director 1.00 0.00 X 0 0 0 Conley Bland Director 1.00 0.00 X 0 0 0 Eric Gambrel Director 1.00 0.00 X 0 0 0 Bobby Helpinstill Director 1.00 0.00 X 0 0 0 Bennie Cowser Director 1.00 0.00 X 0 0 0 Hunter Hutto Vice President 2.00 0.00 X X 0 0 0 Daniel Miller SecTreasure 2.00 0.00 X X 0 0 0 David LeBarron President 4.00 0.00 X X 0 0 0 0 0 0 0 false false false Water Sales 221000 2188088 2188088 Other Income 221000 40300 40300 Installation and other 221000 85440 85440 Penalty Fees 221000 37327 37327 2351155 4155 4155 2355310 2355310 0 0 702984 702984 40775 40775 14272 14272 29294 29294 1529 1529 80416 80416 166176 166176 5898 5898 58979 58979 441935 441935 243185 243185 Repairs & Maintenance 184289 184289 Bad Debts 4376 4376 Chemicals & Supplies 48893 48893 Dues & Fees 11267 11267 32894 32894 2067162 2067162 0 0 733882 945890 250366 270460 188454 235270 32039 104034 12415450 8334089 4182980 4081361 5387721 5637015 161941 90625 1312385 1192830 898854 978212 2373180 2261667 X 3014541 3375348 3014541 3375348 5387721 5637015 X 288148 72659 X false true X false false 119767 119767 293737 165291 128446 920913 708892 212021 11081033 7459906 3621127 4081361 Membership Deposits 393525 Contract Liability 584687 978212 2355310 2355310 2355310 2067162 2067162 2067162 Management duties delegation Part VI line 3 Board of Directors appointed a General Manager to operate the Corporation on a day-to-day basis. Members or stockholder classes and rights Part VI line 6 The Board of Directors consists of nine elected individuals representing the membership. Member election for additional members Part VI line 7a The members of the organization elect the board of directors. Form 990 governing body review Part VI line 11 When the return is completed it is reviewed before being filed Conflict of interest policy compliance Part VI line 12c Policy is reviewed on an annual basis. Form 990 availability to public Part VI line 18 The organization maintains copies of all governing documents, tariff, policies and financial information in its office in Winnsboro, Texas. Upon request, any of these items are available for inspection by the general public. Governing documents etc available to public Part VI line 19 The organization maintains copies of all governing documents, tariff, policies and financial information in its office in Winnsboro, Texas. Upon request, any of the items are available for inspection by the general public. Explanation of other changes in net assets or fund balances Part XI line 9 Net amortization of capital contributed in prior years ($41,553)Additional contributed capital $114,211