2026-06-22T14:23:53-05:00 2025-12-31 260004117 MCDIRMIT DAVIS LLC 1800 PEMBROOK DRIVE SUITE 170 ORLANDO FL 32810 990 2025-01-01 591320143 FLORAL CITY WATER ASSOCIATION INC FLOR 3527263366 PO BOX 597 FLORAL CITY FL 34436 DOUG MASON CHAIRMAN 3527263366 2026-06-12 1 MARIA NOVOTNY CPA P01037824 4078435406 2025 2025-03-06 01:10:19Z DOUG MASON PO BOX 597 FLORAL CITY FL 34436 1257899 0 X WWW.FCWATER.COM X 1969 FL THE ASSOCIATION PROVIDES WATER SERVICE TO APPROXIMATELY 2360 MEMBERS. 7 7 9 7 0 0 0 0 1128785 1122980 81560 73615 82669 60568 1293014 1257163 0 0 0 0 507682 550840 0 0 0 688905 762767 1196587 1313607 96427 -56444 6610093 6231530 3301496 2962715 3308597 3268815 THE ASSOCIATION PROVIDES WATER SERVICE TO APPROXIMATELY 2360 MEMBERS. 0 0 1313607 1182812 THE ASSOCIATION PROVIDES WATER SERVICE TO APPROXIMATELY 2360 MEMBERS. 1313607 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 9 1 0 0 0 0 0 0 0 1183548 91013 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 0 1 0 0 0 0 1 0 0 X BARBARA DONNELLY 3527263366 8189 S FLORIDA AVENUE FLORAL CITY FL 344360597 DOUGLAS MASON CHAIRMAN 1.00 X X 0 0 0 BARBARA DONNELLY TREASURER 1.50 X X 0 0 0 JAMES JOHNSON VICE-PRESIDENT 1.50 X X 0 0 0 JANIE STEWART SECRETARY 1.00 X X 0 0 0 RALPH JOHNSON DIRECTOR 1.00 X 0 0 0 JAMES RODRIGUEZ DIRECTOR 1.00 X 0 0 0 SCOTT MITCHELTREE DIRECTOR 1.00 X 0 0 0 TIMOTHY WILSON CEO 40.00 X X 142469 0 0 142469 0 0 1 0 0 0 0 WATER SALES 221000 1053593 1053593 FEES AND OTHER CHARGES 221000 69387 69387 1122980 74351 74351 736 -736 -736 -736 CONNECTION FEES 221000 60568 60568 60568 1257163 1182812 0 74351 449010 66815 35015 900 23850 4098 3348 25163 941 63127 304304 100136 PROJECT COSTS 69199 MATERIALS & SUPPLIES 43839 REPAIRS & MAINTENACE 33440 CONTRACTED EXPENSE 30648 59774 1313607 138874 179034 673841 742995 32389 45703 40410 37895 97268 83531 9211140 4829768 4744311 4381372 883000 761000 6610093 6231530 387 627 32036 28380 3269073 2933708 3301496 2962715 X 0 0 695166 695166 2613431 2573649 3308597 3268815 6610093 6231530 -56444 16662 0 X X 0 1 X 1 0 254444 254444 2440650 801725 1638925 6516046 4028043 2488003 4381372 DEBT SECURITIES - HELD TO MATURITY 591000 C DEBT SECURITIES - HELD TO MATURITY - RESTRICTED 170000 C 761000 X 1273825 16662 16662 1257163 0 1257163 1313607 0 1313607 0 1313607 PART X, LINE 2: THE ASSOCIATION ADOPTED THE APPLICATION OF THE UNCERTAIN TAX POSITION PROVISIONS OF FASB ASC 740, INCOME TAXES. IT PRESCRIBES AN EVALUATION PROCESS FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE PROVISIONS HAD NO IMPACT ON THE ASSOCIATION'S FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2025 AND 2024, THE ASSOCIATION HAS ACCRUED NO INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE ASSOCIATION'S POLICY TO RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSE. IN GENERAL, THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR U.S. FEDERAL INCOME TAX RETURNS BEFORE FISCAL YEAR 2021. FORM 990, PART VI, SECTION A, LINE 6 ALL PROPERTY OWNERS ARE MEMBERS. THEY HAVE VOTING RIGHTS AND THE ABILITY TO ATTEND OUR ANNUAL MEETINGS BY INVITATION. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS ARE ELECTED BY THE PROPERTY OWNERS IN OUR SYSTEM. BOARD MEMBERS MUST BE A MEMBER IN OUR SYSTEM, AS WELL AS PROPERTY OWNERS WITHIN OUR SYSTEM. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS IS GIVEN A COPY OF THE FINAL 990 TO REVIEW ONCE PREPARED FORM 990, PART VI, SECTION B, LINE 15A ALL EMPLOYEE COMPENSATION IS DETERMINED BY THE BOARD. BOARD MEMBERS DO NOT RECEIVE COMPENSATION BUT MAY RECEIVE PAYMENT FOR REASONABLE TRAVEL EXPENSES ON BEHALF OF THE ASSOCIATION FOR BUSINESS WHEN APPROVED BY THE BOARD AND THE BOARD MEMBER WOULD HAVE TO FILL OUT A MILEAGE FORM AND THE CHECK WOULD NEED TO BE SIGNED BY TWO BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 MINUTES AND POLICIES ARE VIEWABLE BY REQUEST. FINANCIAL INFORMATION IS GIVEN OUT DURING OUR ANNUAL MEETING. FORM 990, PART XII, LINE 2C NO CHANGES IN PROCESSES FROM PRIOR YEAR