2025-07-31T09:41:25-04:00 2024-12-31 202213517 RBSK PARTNERS PC PO BOX 200 GREENSBURG IN 472400200 990 2024-01-01 351404776 JENNINGS WATER INC JENN 8123465874 1595 EAST BUCKEYE NORTH VERNON IN 47265 PHILLIP DAEGER TREASURER 8123465874 2025-07-24 true false NICHOLAS P WALLPE CPA P01066956 8126637567 2025-07-24 2024 2025-03-06 01:10:19Z DAVID BEESLEY 4175 N COUNTY ROAD 590 W NORTH VERNON IN 47265 2482198 false X JENNINGSWATER.COM X 1975 IN DISTRIBUTE WATER TO MEMBERS 9 9 7 0 0 2744080 2423623 36108 24420 14808 14913 2794996 2462956 0 0 566002 651564 0 0 1594186 1345488 2160188 1997052 634808 465904 15297206 15604826 5686139 5527855 9611067 10076971 DISTRIBUTE WATER TO MEMBERS false false 1958877 2423623 THE CORPORATION DISTRIBUTED APPROXIMATELY 342,058,000 GALLONS OF WATER TO APPROXIMATELY 3,345 CUSTOMERS. 1958877 false false false false false false false false false true false false false 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 14 0 true 7 true false false false false false 2423623 39333 false false false X 9 9 false false false false false true true true true false false true true false true false true true true false IN X JENNINGS WATER INC 8123465874 1595 EAST BUCKEYE NORTH VERNON IN 47265 DAVID BEESLEY PRESIDENT 1.00 X X 5650 0 0 PHILLIP DAEGER TREASURER 1.00 X X 4850 0 0 CLYDE CAMPBELL SECRETARY 1.00 X X 4650 0 0 SUSIE HATTON VICE PRES. 1.00 X X 4150 0 0 KAMERON GARLITCH DIRECTOR 1.00 X 3850 0 0 JEFF GEE DIRECTOR 1.00 X 3850 0 0 RON BLOEMER DIRECTOR 1.00 X 3650 0 0 TOM FLORA DIRECTOR 1.00 X 3650 0 0 HAROLD DAY DIRECTOR 1.00 X 3450 0 0 37750 false false false METERED WATER SALES 221000 2205072 2205072 LINE EXTENSIONS 221000 124258 124258 FIRE PROTECTION REVENUE 221000 32064 32064 OTHER WATER REVENUE 221000 28031 28031 CAPITAL MEMBERSHIPS, NET 221000 16157 16157 18041 18041 2423623 18111 18111 13800 13800 13800 13800 25551 19242 6309 6309 6309 OTHER INCOME 221000 870 870 CREDIT CARD FEES 221000 193 193 BAD DEBTS RECOVERED 221000 40 40 10 10 1113 2462956 2444845 18111 X 38050 407351 171715 34448 19466 14176 125 18140 236736 335279 CHEMICALS 174820 PURCHASED POWER 153474 MAINTENANCE AND SUPPLY 74654 MISCELLANEOUS EXPENSE 71410 247208 1997052 0 0 0 314885 524450 1001932 1068287 150122 148202 70505 99482 18058 19133 20903645 7316110 13155150 13587535 586554 157737 15297206 15604826 83905 123365 5518088 5317744 84146 86746 5686139 5527855 X 7959894 8637399 1651173 1439572 9611067 10076971 15297206 15604826 X 465904 X false true X true true true 228393 228393 19836620 6844393 12992227 838632 471717 366915 13587535 RENTAL DEPOSITS 47155 REF. MEMBERSHIPS 38541 RENTAL DEPOSIT 1050 86746 X 2322541 2322541 140415 140415 2462956 1997052 1997052 1997052 SCHEDULE D, PAGE 3, PART X INCOME TAXES ARE NOT PROVIDED FOR IN THE FINANCIAL STATEMENTS SINCE THE UTILITY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C) (12) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. THE UTILITY IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE UTILITY HAS ADOPTED ACCOUNTING RULES THAT PRESCRIBE WHEN TO RECOGNIZE AND HOW TO MEASURE THE FINANCIAL STATEMENTS EFFECT, IF ANY, OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON ITS INCOME TAX RETURNS, INCLUDING THE POSITION THAT THE UTILITY CONTINUES TO QUALIFY TO BE TREATED AS A NOT-FOR-PROFIT CORPORATION FOR BOTH FEDERAL AND STATE INCOME TAX PURPOSES. THESE RULES REQUIRE MANAGEMENT TO EVALUATE THE LIKELIHOOD THAT, UPON EXAMINATION BY RELEVANT TAXING JURISDICTIONS, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED. BASED ON THAT EVALUATION, IF IT WERE MORE THAN 50% PROBABLE THAT A MATERIAL AMOUNT OF INCOME TAX WOULD BE IMPOSED AT THE ENTITY LEVEL UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITIES, A LIABILITY WOULD BE RECOGNIZED IN THE ACCOMPANYING BALANCE SHEET ALONG WITH ANY INTEREST AND PENALTIES THAT WOULD RESULT FROM THAT ASSESSMENT. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THE UTILITY'S POLICY WOULD BE TO RECOGNIZE THEM AS OPERATING EXPENSES. NO INTEREST OR PENALTIES HAVE BEEN ACCRUED OR CHARGED TO EXPENSE AS OF DECEMBER 31, 2024 AND 2023. THE UTILITYS FEDERAL AND STATE INCOME TAX RETURNS FOR 2021 THROUGH 2024 ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTES OF LIMITATIONS ON THOSE TAX RETURNS. IN GENERAL, THE FEDERAL AND STATE INCOME TAX RETURNS HAVE A THREE-YEAR STATUTE OF LIMITATIONS. SCHEDULE D, PAGE 4, PART XI, LINE 4B MEMBERSHIP DUES & ASSESSMENTS 16,157 TAP FEES AND LINE EXTENSIONS 124,258 FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS ELECTED AT ANNUAL MEETING FORM 990, PAGE 6, PART VI, LINE 7B RATE CHANGES ARE SUBJECT TO APPROVAL BY MEMBERS FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS IS SENT THE RETURN AND IT IS REVIEWED PRIOR TO SUBMITTING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C MONITORED BY THE BOARD OF DIRECTORS MONTHLY FORM 990, PAGE 6, PART VI, LINE 15A DETERMINED BY THE BOARD OF DIRECTORS FORM 990, PAGE 6, PART VI, LINE 15B DETERMINED BY THE BOARD OF DIRECTORS FORM 990, PAGE 6, PART VI, LINE 19 FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E CONT. SERV-PLANT/DIST. 64,954 0 0 INSURANCE-GENERAL 34,486 0 0 OFFICE MAINTENANCE 32,882 0 0 AR BILLING EXPENSES 29,253 0 0 MISC. PLANT AND DIST. 22,356 0 0 PURCHASED TELEPHONE 18,114 0 0 OFFICE MISC. 13,112 0 0 CONT. SERV. ENGINEER 8,388 0 0 INSURANCE-VEHICLE 6,529 0 0 OFFICE SUPPLIES 5,792 0 0 INSURANCE-OTHER 3,944 0 0 INS.-WORKMANS COMP. 3,581 0 0 EMPLOYEE TRAINING 1,946 0 0 PURCHASED WATER 1,457 0 0 BAD DEBT EXPENSE 344 0 0 RENTAL PROPERTY EXPENSE 70 0 0 TOTAL 247,208 0 0