2025-08-04T10:12:08-05:00 2024-12-31 994625061 CRI ADVISORS LLC PO BOX 70106 MOBILE AL 36670 990 2024-01-01 630649171 BELFOREST WATER SYSTEM INC BELF 2516265554 9080 COUNTY RD 64 DAPHNE AL 36526 CHARLES DUBE PRESIDENT 2516265554 2025-08-04 1 0 MICAH POINTER P01919551 2514735550 2025-08-04 2024 2025-03-06 01:10:19Z CHARLES DUBE 9080 COUNTY ROAD 64 DAPHNE AL 36526 5076930 0 X WWW.BELFORESTWATER.COM X 1972 AL TO PROVIDE WATER SERVICE TO THE COMMUNITY OF BELFOREST IN BALDWIN COUNTY, ALABAMA 5 5 14 0 0 0 1000 0 4059190 4989322 3584 87608 0 0 4063774 5076930 0 0 0 0 1122966 1335946 0 0 0 1148704 2019654 2271670 3355600 1792104 1721330 25986872 30360315 7870451 11115528 18116421 19244787 TO PROVIDE WATER SERVICE TO THE COMMUNITY OF BELFOREST IN BALDWIN COUNTY, ALABAMA 0 0 2710462 OWNS AND OPERATES A WATER DISTRIBUTION SYSTEM IN THE COMMUNITY OF BELFOREST IN BALDWIN COUNTY, ALABAMA. N/A N/A 2710462 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 14 1 0 0 0 0 0 0 0 4989322 87608 0 0 0 X 5 5 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 AL X MARINDA TURNER 2516265554 9080 COUNTY ROAD 64 DAPHNE AL 36526 CHARLES DUBE PRESIDENT 2.00 X X 3600 0 0 ANTHONY PIERCE MEMBER 1.00 X 1800 0 0 PATRICK HEITER VICE PRESIDENT 1.00 X X 2250 0 0 DON JOFFE MEMBER 1.00 X 2400 0 0 MICHAEL METZ SECRETARY 1.00 X X 2750 0 0 CORLEY LAUDERDALE 40.00 X 131055 0 8281 GARY MCMILLAN 40.00 X 158679 0 9814 302534 0 18095 2 0 1 0 0 WATER SALES 221000 3215219 3215219 IMPACT FEES 221000 901750 901750 CONNECTION & METER FEE 221000 781980 781980 LATE CHARGES 221000 63718 63718 MISCELLANEOUS 221000 26655 26655 4989322 87608 87608 5076930 4989322 0 87608 X 12800 12800 966244 573887 392357 53221 28494 24727 229330 140813 88517 74351 43389 30962 31323 31323 31125 31125 2237 2237 57821 17677 40144 151913 151913 684767 673160 11607 126213 126013 200 REPAIRS AND MAINTENANCE 197852 189196 8656 UTILITIES 136175 129382 6793 CHEMICALS AND TESTING 129625 129625 METERS 97473 97473 373130 344755 28375 3355600 2710462 645138 0 856479 1498861 4692009 1747868 461063 332876 143232 175258 21583680 6080540 10761580 15503140 9072509 11102312 25986872 30360315 317330 716242 7204198 10018155 348923 381131 7870451 11115528 X 18116421 19244787 18116421 19244787 25986872 30360315 1721330 -592964 0 X 0 1 X 1 0 426806 426806 440831 173531 267300 20716043 5907009 14809034 15503140 CONSTRUCTION IN PROGRESS 11102312 11102312 METER DEPOSITS 381131 381131 X 5076930 0 5076930 0 5076930 3355600 0 3355600 0 3355600 PART X, LINE 2: THE SYSTEM UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTRIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2024, THE SYSTEM HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 0 0 0 GARY MCMILLAN 158679 0 0 0 0 0 0 0 9814 0 168493 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE WATER SYSTEM ELECT BOARD MEMBERS AT THE ANNUAL MEETING VIA A VOTE OF THE MEMBERSHIP, EACH BOARD MEMBER SERVES A THREE YEAR TERM FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS THAT ARE REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC ARE PROVIDED UPON REQUEST. FORM 990, PART IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 68,151. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,151. ENGINEERING FEES: PROGRAM SERVICE EXPENSES 65,878. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,878. COMPUTER & SOFTWARE: PROGRAM SERVICE EXPENSES 51,825. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,825. TRUCK EXPENSE: PROGRAM SERVICE EXPENSES 34,418. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,418. TELEPHONE: PROGRAM SERVICE EXPENSES 27,829. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,829. BILLING SERVICE: PROGRAM SERVICE EXPENSES 22,373. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,373. BANK FEES: PROGRAM SERVICE EXPENSES 19,293. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,293. BOARD RELATED EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,355. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,355. UNIFORMS: PROGRAM SERVICE EXPENSES 17,704. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,704. SMALL TOOLS: PROGRAM SERVICE EXPENSES 12,386. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,386. COMMUNITY INVOLVEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,020. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,020. MISC. EMPLOYEE EXPENSES - TRAINING: PROGRAM SERVICE EXPENSES 8,943. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,943. MEETINGS: PROGRAM SERVICE EXPENSES 7,057. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,057. TAXES AND LECENSES: PROGRAM SERVICE EXPENSES 2,815. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,815. DUES: PROGRAM SERVICE EXPENSES 2,340. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,340. SECURITY: PROGRAM SERVICE EXPENSES 2,277. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,277. PAYROLL EXPENSES: PROGRAM SERVICE EXPENSES 1,466. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,466.