2025-04-14T12:41:29-05:00 2024-12-31 752147296 GOLLOB MORGAN PEDDY PC 1001 ESE LOOP 323 STE 300 TYLER TX 75701 990 2024-01-01 751838716 SAND FLAT WATER SUPPLY CORPORATION SAND 9038582264 14874 FM 14 TYLER TX 75706 KENNETH LANGLEY PRESIDENT 9038582264 2025-03-06 1 0 KEVIN CASHION P00246409 9035340088 2025-03-06 2024 2025-03-06 01:10:19Z KENNETH LANGLEY 14874 FM 14 TYLER TX 75706 1142118 0 X WWW.SANDFLATWATER.COM X 1968 TX PROVIDING WATER TO RURAL RESIDENCES AND SMALL BUSINESSES. 9 9 4 0 0 0 0 0 987968 1124837 9085 17019 5248 262 1002301 1142118 0 0 0 0 320939 349543 0 0 0 574560 653513 895499 1003056 106802 139062 3563353 3691958 306455 286998 3256898 3404960 PROVIDING WATER TO RURAL RESIDENCES AND SMALL BUSINESSES. 0 0 868833 1124837 PROVIDE WATER SALES AND RELATED SERVICE TO ITS MEMEBERS 868833 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 7 0 4 1 0 0 0 0 0 0 0 1124837 17281 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 X CARRIE MARSH 9035265243 14874 FM 14 TYLER TX 75706 SCOTT TURNER DIRECTOR 1.00 X 0 0 0 ENNIS BYNUM VICE PRESIDENT 1.00 X X 0 0 0 KENNETH LANGLEY PRESIDENT 1.00 X X 0 0 0 ALLEN CHRISTIAN DIRECTOR 1.00 X 0 0 0 RICHARD HENSLEY DIRECTOR 1.00 X 0 0 0 RONNIE PILCHER DIRECTOR 1.00 X 0 0 0 JAMES PERRYMAN II SEC/TREAS 1.00 X X 0 0 0 WILLIAM THOMAS DIRECTOR 1.00 X 0 0 0 WENDELL HAWKINS DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 WATER SALES 221000 1124837 1124837 1124837 17019 17019 95 95 MISCELLANEOUS INCOME 900099 167 167 167 1142118 1124837 0 17281 282296 225907 56389 45393 36326 9067 21854 17476 4378 15800 15800 8071 8071 189083 151266 37817 26052 26052 SUPPLIES 173479 173479 UTILITIES 100163 100163 AUTO EXPENSE 63246 63246 TELEPHONE 15323 15323 62296 59595 2701 1003056 868833 134223 0 793365 993788 266254 287618 114906 134459 305940 285654 25112 18926 4250203 2278690 2057776 1971513 3563353 3691958 2156 27871 304299 259127 306455 286998 X 263883 283581 0 0 2993015 3121379 3256898 3404960 3563353 3691958 X 139062 9000 X 0 1 X 0 0 59948 59948 384582 189343 195239 3736438 2023092 1713346 69235 66255 2980 1971513 DEPOSITS FOR FUTURE PROJECTS 253800 OTHER ACCRUED LIABILITIES 5327 259127 X 1142118 0 1142118 0 1142118 1003056 0 1003056 0 1003056 PART X, LINE 2: THE CORPORATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR INCOME TAXES. THE CORPORATION RECORDED NO ADJUSTMENT AS A RESULT OF THIS IMPLEMENTATION. ALTHOUGH THE CORPORATION IS A TAX EXEMPT ENTITY AS DESCRIBED ABOVE, IT CAN INCUR TAXES FOR UNRELATED BUSINESS OPERATIONS THAT ARE NOT PART OF ITS TAX EXEMPT PURPOSES. THE CORPORATION RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. WE CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. LARRY WINTTERS GENERAL MANAGER 6000 SAND FLAT WATER SUPPLY CORPORATION HAS A VERBAL, RENTAL AGREEMENT WITH ITS GENERAL MANAGER FOR A PIECE OF LARGE EQUIPMENT THAT IS OWNED BY THE GENERAL MANAGER BUT IS USED REGULARLY AND STORED BY THE CORPORATION. 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - SFWS HAS MEMBERS THAT PAY FOR THE BENEFITS OF SFWS'S WATER SERVICES, THEY ALSO ELECT THE OFFICERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE MEMBERS OF SFWS ELECT THE OFFICERS AND DIRECTORS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - CHANGES TO THE BYLAWS MUST BE APPROVED BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - EACH BOARD MEMBER IS HAND DELIVERED A COPY OF THE FORM 990, AND IT IS REVIEWED AT A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C BUSINESS REFERRED TO A DIRECTOR IS REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, WRITTEN POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NEW MEMBER INVESTMENTS 17,150. MEMBERSHIPS SOLD/TERMINATED -8,150.