2024-11-13T11:28:09-05:00 2023-12-31 300073956 BARRY D DAULTON CPA PSC 423 EAST MT VERNON STREET Somerset KY 42501 990 2023-01-01 611282354 SOUTHEASTERN WATER ASSOCIATION INC SOUT 147 EAST SOMERSET CHURCH RD SOMERSET KY 42503 JOE D CRAWFORD DIRECTOR 6066785501 2024-11-12 false true BARRY DAULTON P00734469 6066799344 2024-11-13 X 2023 2024-10-15 13:58:12Z 5679158 false X WWW.SOUTHEASTERNWATER.ORG/ X 1993 KY TO PROVIDE WATER SUPPLY AND SERVICES TO THE MEMBERS OF THE ASSOCIATION 8 8 13 0 0 163138 5194768 94683 226569 5679158 0 0 639279 0 0 4149376 4788655 890503 31125318 30607991 11785797 11005165 19339521 19602826 TO PROVIDE WATER SUPPLY AND SERVICES TO THE MEMBERS OF THE ASSOCIATION false false 4453231 WATER SERVICE AND SALES TO MEMBERS OF THE ASSOCIATION 4453231 false false false false false false false false false true false false false false 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 7 0 true 13 true false false false false false 0 0 false false false X 8 8 false false false false true true true true true false false true false false false true true false X MORRIS VAUGHN 6066785501 147 EAST SOMERSET CHURCH RD SOMERSET KY 42503 X MARK O DAVIS DIRECTOR 5.00 0.00 X 0 0 0 GRANT TREADO DIRECTOR 5.00 0.00 X 0 0 0 DENNIS R FAULKNER DIRECTOR 5.00 0.00 X 0 0 0 DWIGHT FAULKNER DIRECTOR 5.00 0.00 X 0 0 0 BOBBY CROW DIRECTOR 5.00 0.00 X 0 0 0 ERNEST STOUT JR DIRECTOR 5.00 0.00 X 0 0 0 JOE D CRAWFORD DIRECTOR 5.00 0.00 X 0 0 0 WADE BUMGARDNER DIRECTOR 5.00 0.00 X 0 0 0 MORRIS VAUGHN MANAGER 40.00 0.00 X 0 0 0 0 0 0 0 false false false 7 163131 163138 WATER SALES 221000 5194768 5194768 5194768 94683 94683 MISCELLANEOUS 221000 226569 226569 226569 5679158 5516020 0 0 X 546894 423299 123595 42670 34516 8154 49715 39524 10191 10910 10910 53375 53375 2915 2915 28725 28725 670 670 854 854 313960 313960 1216498 1201925 14573 226619 182718 43901 REPAIRS & MAINTENANCE 69384 69384 AUTO & TRUCK 74035 74035 WATER ANALYSIS 16530 16530 CUSTOMER BILLING 47870 47870 2087031 2045031 42000 4788655 4453231 335424 0 93984 123579 4162161 3373923 348234 369351 144829 370087 80967 75908 45087602 18825067 26262535 26262535 32608 32608 31125318 30607991 434250 476523 11351547 10528642 11785797 11005165 X 16818240 17721232 2521281 1881594 19339521 19602826 31125318 30607991 890503 -627198 0 X true X true X true false 206360 206360 579526 659738 -80212 44301716 18165329 26136387 26262535 5679151 5679151 5679151 4865608 4865608 4865608 Members or stockholder classes and rights Part VI line 6 THE BOARD OF DIRECTORS OF THE ASSOCIATION MEETS MONTHLY AND THE MEETING IS OPEN TO ALL MEMBERS. THE ASSOCIATION ALSO HAS AN ANNUAL MEMBERS MEETING. Member election for additional members Part VI line 7a THE BOARD OF DIRECTORS ARE APPOINTED AT THE ANNUAL MEETING AND ALL MEMBERS HAVE VOTING RIGHTS. Governing body decisions Part VI line 7b MEMBERS HAVE A RIGHT TO ATTEND MEETINGS AND VOTE ON NEW DIRECTORS IF THEY DO NOT APPROVE OF THE DECISIONS BEING MADE BY CURRENT GIVERNING BODY Form 990 governing body review Part VI line 11 THE MEMBERS OF TEH BOARD OF DIRECTORS HAVE A COPY OF THE FORM 990 MADE AVAILABLE TO THEM AT MONTHLY MEETING CEO executive director top management comp Part VI line 15a THE BOARD REVIEWS THE SALARIES OF OTHER WATER ASSOCIATIONS WITH SIMILAR MEMBERSHIP SIZE, SERVICE CAPCITY AND TERRAIN IN DETERMINING THE SALARIES OF TOP MANAGEMENT AS WELL AS OTHER PAID POSITIONS WITHIN THE ASSOCIATION Other officer or key employee compensation Part VI line 15b THE BOARD REVIEWS THE SALARIES OF OTHER WATER ASSOCIATIONS WITH SIMILAR MEMBERSHIP SIZE, SERVICE CAPCITY AND TERRAIN IN DETERMINING THE SALARIES OF TOP MANAGEMENT AS WELL AS OTHER PAID POSITIONS WITHIN THE ASSOCIATION Governing documents etc available to public Part VI line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE AT THE LOCAL OFFICE AND ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PROVIDED MONTHLY AT MEMBER MEETINGS AND ARE AVAILBALE AT LOCAL OFFICE UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE FILED WITH THE PUBLIC SERVICE COMMISSION AND THOSE ARE AVAILABLE TO THE PUBLIC AT THE PSC WEB SITE. A COPY OF THE AUDITED FINANCIAL STATEMENTS IS ALSO AVAILABLE AT THE SAME WEB SITE. Explanation of other changes in net assets or fund balances Part XI line 9 CHANGE IN UNREALIZED GAIN (LOSS) ON INVESTMENTS PRIOR PERIOD ADJUSTMENT List of other expenses Part IX line 24e SEE ATTACHED SCHEDULE OF OTHER EXPENSES INCLUDED ON PART IX, LINE 24E