2025-08-26T17:53:06-04:00 2025-04-30 640394922 WATKINS WARD AND STAFFORD PLLC 900B HIGHWAY 19 S MERIDIAN MS 393015527 990 2024-05-01 640472961 NORTH LAUDERDALE WATER ASSOCIATION NORT 6016816157 P O BOX 143 BAILEY MS 39320 TODD KIEFER PRESIDENT 6016816157 2025-07-30 true false MARY G WILLIAMS CPA P00574934 6016936105 2025-07-30 2024 2025-03-06 01:10:19Z TODD KIEFER 420 EAGLE DRIVE MERIDIAN MS 39305 2912613 false X WWW.NORTHLAUDERDALEWATER.COM X 1966 MS NORTH LAUDERDALE WATER ASSOCIATION, INC. IS A RURAL WATER ASSOCIATION PROVIDING WATER TO CUSTOMERS IN A RURAL AREA IN NORTH CENTRAL LAUDERDALE COUNTY, MISSISSIPPI. 5 5 23 0 1291 0 2653439 2806942 95938 78207 0 2750668 2885149 0 0 852749 915907 0 0 1837968 1931381 2690717 2847288 59951 37861 10356791 10143157 6010524 5759029 4346267 4384128 X NORTH LAUDERDALE WATER ASSOCIATION, INC. IS A RURAL WATER ASSOCIATION PROVIDING WATER TO CUSTOMERS IN A RURAL AREA IN NORTH CENTRAL LAUDERDALE COUNTY, MISSISSIPPI. false false 589105 DEPRECIATION EXPENSE - DEPRECIATION IS CLAIMED ON THE WATER DISTRIBUTION SYSTEM AND ALL EQUIPMENT REQUIRED TO MAINTAIN AND SERVICE THE WELL, DISTRIBUTION SYSTEM, AND TREATMENT FACILITY ALONG WITH EQUIPMENT USED TO MAINTAIN INTERNET SERVICES. DEPRECIATION IS CLAIMED UTILIZING THE STRAIGHT LINE METHOD OF DEPRECIATION. 562730 SALARIES EXPENSE - ALL EMPLOYEES OF THE ASSOCIATION WORK FOR THE BETTERMENT OF THE ASSOCIATION TO KEEP THE WELLS RUNNING AND SERVING ALL CUSTOMERS. 237099 INTEREST EXPENSE - NORTH LAUDERDALE WATER ASSOCIATION, INC. COMPLETED A LARGE REDESIGN AND UPGRADE OF THE WATER SYSTEM, INCLUDING A NEW WATER STORAGE TANK. A LARGE PORTION OF THE REVENUE IS USED TO SERVICE THE DEBT TO THIS PROJECT. 1159275 NORTH LAUDERDALE WATER ASSOCIATION, INC. IS A RURAL WATER ASSOCIATION PROVIDING WATER AND INTERNET SERVICES TO CUSTOMERS IN A RURAL AREA IN NORTH CENTRAL LAUDERDALE COUNTY, MISSISSIPPI. 1159275 2548209 false false false false false false false false false true false false true true true 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 true 19 0 23 true false false false false false 2806943 78206 false false false X 5 5 false false false false true true false true true false false true true false false false false true true false MS X LINDA GREEN 6016816157 9709 MOUNT CARMEL ROAD BAILEY MS 39320 TODD KIEFER PRESIDENT 30.00 X X 70671 0 0 ZENA LIMERICK DIRECTOR 10.00 X 1700 0 0 JOHN LAMBERTH SECRETARY 10.00 X X 1600 0 0 LANCE PRICE DIRECTOR 10.00 X 1500 0 0 PAUL GOLDMAN VICE PRESIDE 10.00 X X 1000 0 0 76471 false false false WATER SALES 221000 2669793 2669793 INTERNET SERVICES INCOME 221000 65434 65434 LATE PENALTIES 221000 45367 45367 SERVICE FEES 221000 19881 19881 ALL OTHER PROGRAMS 221000 5367 5367 1100 1100 2806942 105671 105671 27464 -27464 -27464 -27464 2885149 2885149 750307 562730 187577 106495 79871 26624 59105 44329 14776 20057 12204 7853 208598 162836 45762 165572 165572 6892 6892 237099 237099 589105 589105 62048 62048 RECAPITALIZATION-WATER 179103 179103 CHEMICALS 113890 113890 SUPPLIES - WATER 111681 111681 AUTO - WATER 97796 97796 139540 123053 16487 2847288 2548209 299079 0 98293 107423 257325 531399 107068 86610 270934 280615 24789 28597 21635091 13558377 8291392 8076714 1306990 1031799 10356791 10143157 105934 130942 5717123 5418461 187467 209626 6010524 5759029 X 4346267 4384128 4346267 4384128 10356791 10143157 37861 X false true X true false 140589 140589 247597 157351 90246 413044 357237 55807 20833861 13043789 7790072 8076714 RESTRICTED CDS - DSR 465572 RESTRICTED CDS-METER DEPOSITS 209626 CDS - LONG-TERM 201069 COBANK STOCK 143643 INTEREST REC ON SHORT-TERM CDS 6400 INTEREST REC ON LONG-TERM CDS 5489 1031799 MEMBERS' METER DEPOSITS 209626 209626 X 2885149 2885149 2885149 2847288 2847288 2847288 SCHEDULE D, PAGE 3, PART X THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THESE FINANCIAL STATEMENTS INCLUDE NO PROVISION OR LIABILITY FOR INCOME TAXES. THE ASSOCIATION FILES ITS FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART III FORM 990, PART III, SECTION 4D, OTHER PROGRAM SERVICES: WATER INTERNET TOTAL AUTO EXPENSE 97,796 - 97,796 BAD DEBTS 1,705 - 1,705 CHEMICALS 113,890 - 113,890 CONTRACT SERVICES - 43,320 43,320 ELECTRICITY EXPENSE 165,572 - 165,572 EMPLOYEE BENEFITS 79,871 - 79,871 EQUIPMENT RENTALS 4,259 - 4,259 INSURANCE 62,048 - 62,048 MISCELLANEOUS EXPENSE 3,293 - 3,293 OFFICE EXPENSES 137,287 - 137,287 PAYROLL TAX EXPENSE 38,891 5,438 44,329 POSTAGE 25,549 - 25,549 RECAPITALIZATION EXPENSES 179,103 325 179,428 REPAIRS & MAINTENANCE 43,965 - 43,965 SALES TAX EXPENSE 147 - 147 SUPPLIES AND CONSUMABLES 111,681 1,114 112,795 TELEPHONE AND INTERNET 15,625 - 15,625 TRAVEL 6,892 - 6,892 UNIFORMS 9,300 - 9,300 WATER ANALYSIS FEE 12,204 - 12,204 TOTAL PROGRAM SERVICES 1,109,078 50,197 1,159,275 FORM 990, PAGE 2, PART III, LINE 4D NORTH LAUDERDALE WATER ASSOCIATION, INC. IS A RURAL WATER ASSOCIATION PROVIDING WATER AND INTERNET SERVICES TO CUSTOMERS IN A RURAL AREA IN NORTH CENTRAL LAUDERDALE COUNTY, MISSISSIPPI. FORM 990, PAGE 6, PART VI, LINE 6 THE GOVERNING BODY CONSISTS OF 5 INDEPENDENT, VOTING MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE GOVERNING BODY CONSISTS OF 5 INDEPENDENT, VOTING MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B ASSOCIATION PROVIDES A COMPLETE COPY OF FORM 990 TO ALL BOARD MEMBERS BEFORE FILING FORM. FORM 990, PAGE 6, PART VI, LINE 15A SALARIES OF ALL EMPLOYEES ARE SET BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES OF ALL EMPLOYEES ARE SET BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS & THE CONFLICT OF INTEREST POLICY ARE AVAILABLE AT THE OFFICE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR REVIEW BY ASSOCIATION.