Return Reference | Explanation |
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FORM 990, PART VI, SECTION A, LINE 3 | LINE 3 EXPLANATION - THE CORPORATION ENTERED INTO AN AGREEMENT WITH A WATER OPERATIONS COMPANY TO MANAGE THE OPERATIONS OF THE CORPORATION INCLUDING ACCOUNTING, BILLING, AND COLLECTIONS AS WELL AS OPERATION OF THE WATER SYSTEM. |
FORM 990, PART VI, SECTION A, LINE 6 | LINE 6 EXPLANATION - SHARES OF MEMBERSHIP ARE ISSUED TO A WATER USER WHEN WATER CONNECTION IS MADE. SHARES OF MEMBERSHIP ARE FORFEITED WHEN DISCONNECTION OCCURS. |
FORM 990, PART VI, SECTION A, LINE 7A | LINE 7A EXPLANATION - EACH SHARE OF MEMBERSHIP HAS A VOTE FOR MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION. |
FORM 990, PART VI, SECTION B, LINE 11B | LINE 11A EXPLANATION - FORM 990 IS APPROVED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED. |
FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND BOARD MEMBERS RESPOND TO ANNUAL INDEPENDENT AUDITORS' REQUESTS FOR DISCLOSURE OF CONFLICTS OF INTEREST. |
FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST. |
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