2025-06-03T12:53:56+00:00 2024-12-31 440160260 Forvis Mazars LLP 1003 Red Banks Road Greenville NC 27858 990 2024-01-01 560862041 Eastern Pines Water Corporation EAST 2527527420 5442 Eastern Pines Road Greenville NC 27858 Barry Sutton Secretary 2025-06-03 true Brandon Hales P01319929 2523210505 2024-06-10 2024 2025-03-06 01:10:19Z Barry Sutton 5442 Eastern Pines Road Greenville NC 27858 6294816 false X N/A X 1965 NC To provide water to its membership. 5 4 12 0 0 0 5237759 5712211 316141 393386 538112 189219 6092012 6294816 0 0 715215 809562 0 0 4199016 4016308 4914231 4825870 1177781 1468946 30340369 31096779 11168730 10196313 19171639 20900466 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 3929270 5752663 The corporation carried outs its exempt purpose in 2024 by providing water to its membership. 3929270 false false 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 false false false false false false true 11 0 true 12 true false false false false false 5752663 615 false false false X 5 4 false false false false true true true true false false false false true false false false 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 212948 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 241748 0 0 1 false true false 0 0 Water Receipts 221000 5104996 5104996 Tap-On Fees 221000 475735 475735 Collection Fees 221000 125865 125865 Membership Certificate 221000 5615 5615 0 0 0 0 5712211 386886 386886 0 0 6500 0 6500 6500 6500 0 DOT Reimbursement 221000 148152 148152 Miscellaneous 221000 40452 40452 Insurance Proceeds 221000 615 615 0 0 0 0 189219 6294816 5907930 0 386886 241748 18000 223748 471732 169370 302362 46019 11505 34514 50063 16115 33948 93050 93050 8536 8536 0 0 9959 9959 19283 19283 4034 2017 2017 376552 376552 754651 750878 3773 169281 84641 84640 NRWASA Monthly Purchase Allotment 1741200 1741200 Meter Installation 168189 168189 Water Main Relocation Expense 148153 148153 Repairs & Maintenance 130420 125204 5216 393000 308910 84090 0 4825870 3929270 896600 0 3435794 3463237 10058450 11483764 666894 226596 0 0 0 0 46439 86894 3616 13304 24875341 12869157 12182376 12006184 0 3946800 3816800 0 0 30340369 31096779 1192419 695344 0 0 8536029 8204341 1440282 1296628 11168730 10196313 19171639 20900466 19171639 20900466 30340369 31096779 X 1468946 259881 X false true true false 123134 123134 437014 336648 100366 24315193 12532509 11782684 12006184 Investment in NRWASA 3816800 3816800 Federal Income Taxes Customer Deposits 426628 Other Post-Employment Benefit Liability 870000 1296628 X 5901430 0 0 5901430 393386 393386 6294816 4172603 -16834 -16834 4189437 636433 636433 4825870 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, 2024. Fiscal years ending on or after December 31, 2021 remain subject to examination by federal and state tax authorities. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Gain on Sale of Asset - 6500 Investment Income netted with interest expense on financial statements - 386886 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Gain on Sale of asset - -6500 Net Interest - -10334 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Depreciation Book/Tax Difference - 97881 Post Retirement Benefit Book-Tax Difference - 162000 Interest Expense netted with investment income on financial statement - 376552 X false false false Barry Sutton Secretary 212948 0 0 0 0 0 0 0 0 0 212948 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 member-owned 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 XI, Line 9 Other changes in net assets or fund balances Depreciation Expense Book/Tax Difference - 97881; Post-Employment Retirement Benefits Book/Tax Difference - 162000;