2025-11-17T09:50:45-05:00 2024-12-31 571058387 DAVID G LEWIS CPA PA 1301 3RD AVE Conway SC 29526 990 2024-01-01 570809787 BUCKSPORT WATER SYSTEM INC % ASHLEY C PROCTOR BUCK 8432483195 P O BOX 1032 Conway SC 295281032 ASHLEY C PROCTOR MANAGER 8432483195 2025-11-12 true true DAVID G LEWIS CPA P01367055 8432483100 2025-11-17 2024 2025-03-06 01:10:19Z EDWARD ANDERSON 5323 DONGOLA HWY Conway SC 29527 6014486 false X X 1968 SC PROVIDE PUBLIC WATER TO MEMBERS 10 10 16 0 0 0 3243385 3812665 84460 225650 1766512 1976171 5094357 6014486 0 0 987162 979596 0 0 1833693 2290007 2820855 3269603 2273502 2744883 21831503 24165319 9773920 9362853 12057583 14802466 PROVIDE PUBLIC WATER TO MEMBERS 2555908 3812663 PROVIDE PUBLIC WATER TO MEMBERS BOTH RESIDENTIAL AND COMMERCIAL 2555908 false 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 false true 0 0 true 16 true false false false false false false false false false false 0 0 false false false X 10 10 false false false false true true false true true false false true true true true true true true true false SC X ASHLEY C PROCTOR 8432483195 2809 4TH AVENUE Conway SC 29526 X ASHLEY C PROCTOR MANAGER 40.00 0.00 X 102385 0 0 EDWARD ANDERSON TREASURER 3.00 0.00 X 0 0 0 RICKY TINSDALL SECRETARY 1.00 0.00 X 0 0 0 STEVEN EDGE PRESIDENT 1.00 0.00 X 0 0 0 MARK SINGLETON VICE PRESIDENT 1.00 0.00 X 0 0 0 102385 0 0 1 false false false WATER SERVICE 221000 2468765 2468765 TAP IN FEES 221000 1067625 1067625 SERVICE CHARGES 221000 197585 197585 OTHER REVENUE 221000 78690 78690 3812665 225650 225650 0 CAPITAL GRANT 221000 305421 305421 CAPITAL CONTRI SYSTEMS 221000 1670750 1670750 1976171 6014486 6014486 0 0 308882 308882 465765 465765 144742 82423 62319 60207 35631 24576 51844 51844 32000 32000 32746 32746 174767 174767 829298 823188 6110 195218 195218 REPAIRS MAINTENANCE 398164 398164 OPERATION EXPENSE 546870 546870 DIRECTOR FEES 29100 29100 3269603 2555908 713695 0 3713575 2372077 1600000 3990760 384800 196204 213545 194176 201259 76695 109281 28178528 11542816 15087898 16635712 578155 642685 21831503 24165319 997785 810564 7425970 7226182 1350165 1326107 9773920 9362853 X 12057583 14802466 12057583 14802466 21831503 24165319 X 2744883 0 X false true X true true true 142521 142521 238277 238277 6854276 20081091 11542816 15392551 240899 594450 835349 27014 27014 16635712 NET PENSION LIABILTY 1212506 DEFERRED PENSIONS 113601 1326107 3812665 3812665 3812665 3269603 3269603 3269603 Members or stockholder classes and rights Part VI line 6 Bucksport Water System Inc provides water to its members When a person or entity signs up and purchases a Water Tap they become a voting member of the system Member election for additional members Part VI line 7a Annual meeting is held every March There are 5 Districts within the System and each district has two(2) Board Members that are elected by the Members. The directors serve 2 year terms and 1 director is elected each year from each district Governing body meeting documentation Part VI line 8a All Documents are available at 4208 Fourth Avenue Conway South Carolina 29526 between the hours of 8am and 5pm Monday thru Thursday Form 990 governing body review Part VI line 11 The 990 is presented and approved by the Board of Directors and in their monthly meeting NO REVIEW WILL BE CONDUCTED Conflict of interest policy compliance Part VI line 12c Corporation adapted a conflect of interest policy in June 2009 at the Board of Directors Meeting CEO executive director top management comp Part VI line 15a Each September a Financial Commettee reviews the Staff Job Discriptions and Wages based on the goals of the Corporation and the industry Other officer or key employee compensation Part VI line 15b Reviewed annually by and independent committee appointed by the board of diectors Governing documents etc available to public Part VI line 19 ALL DOCUMENTS, TAX RETURNS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT HOME OFFICE 2809 4TH AVENUE CONWAY SC 29526 DURING BUSINESS HOURS MONDAY TO THURSDAY 8:00 AM TO 5:00 PM FRIDAY 8 AM TILL NOON Explanation of other changes in net assets or fund balances Part XI line 9 ROUNDING ERROR