Creta Water Corporation in Hollis, Oklahoma (OK)

Organization representatives - add corrected or new information about Creta Water Corporation »

Non-representatives - add comments about Creta Water Corporation»

Creta Water Corporation
Employer Identification Number (EIN)731459084
Name of OrganizationCreta Water Corporation
In Care of NameDwight Bowen
AddressPO BOX 393, Hollis, OK 73550-0393
SubsectionBenevolent Life Insurance Assoc.
Ruling Date08/1999
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,237,419
Amount of Income$284,336
Form 990 Revenue Amount$284,336
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Public Utilities


Non-representatives - add comments:


CAPTCHA

Your IP address 54.234.95.190 will be logged.

Amount of income in 2013: $284,336 (it was $388,762 in 2012)
Creta Water Corporation: 

 $284,336
Other organizations performing similar types of work: 

 $191,863

Assets in 2013: $2,237,419 (it was $2,328,005 in 2012)
This organization: 

 $2,237,419
Other organizations performing similar types of work: 

 $589,766

Expenses in 2013: $351,567
Creta Water Corporation: 

 $351,567
Other organizations performing similar types of work: 

 $188,743

Income to expenses ratio in 2013: 0.8
Creta Water Corporation: 

 0.8
Other organizations performing similar types of work: 

 1.0

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 109600
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return00
Did the organization file all required federal employment tax returns?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$358,080$387,610$283,355
Gross income from other sources$2,265$1,153$981
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$0
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$360,345$388,762$284,336
Contributions, Gifts, Grants and Other Similar Amounts$0$0$0
Program Service Revenue$358,080$387,609$283,355
221000$371,859$283,355
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,265$1,153$981
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$413,187$422,362$351,567
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$0
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$0$0$0
Pension plan accruals and contributions$0$0
Other employee benefits$0$0
Payroll taxes$0$0$0
Fees for services (non-employees)
Management$63,894$63,894
Legal$0$0
Accounting$4,100$3,500
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$0$0
Advertising and promotion$0$0
Office expenses$484$3,074
Information technology$0$0
Royalties$0$0
Occupancy$0$0
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$44,661$43,685
Payments to affiliates$0$0
Depreciation, depletion, and amortization$77,938$77,938
Insurance$2,902$3,077
Other expenses$195,024$124,275
Other expenses$18,153$18,292
Other expenses$15,206$13,832
Balance Sheet
201120122013
Total assets$2,381,476$2,328,005$2,237,419
Cash - non-interest-bearing$299,208$295,880
Savings and temporary cash investments$0$0
Pledges and grants receivable, net$0$0
Accounts receivable, net$17,559$8,196
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$2,676$2,719
Land, buildings, and equipment: cost or other basis$2,008,562$1,930,624
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$1,092,746$1,069,375$1,045,020
Accounts payable and accrued expenses$16,062$13,230
Grants payable$0$0
Deferred revenue$69,136$69,832
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$1,003,194$981,998$959,828
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$2,179$2,130
Total net assets or fund balances$1,288,730$1,258,630$1,192,399
Unrestricted net assets$0$0
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$135,245$136,245
Paid-in or capital surplus, or land, building, or equipment fund$1,920,000$1,920,000
Retained earnings, endowment, accumulated income, or other funds$-763,015$-796,615$-863,846
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Creta Water Corporation to others? (optional)
  
Add photo of Creta Water Corporation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Institute Of Nuclear Power Operations700 Galeria Parkway, Atlanta, GA 30339-5943GA1981-01$362,040,802
2Midcontinent Independent System Operator Inc701 City Center Dr, Carmel, IN 46032-7574IN2001-01$308,773,686
3Griffiss Utility Services Corporation410 Phoenix Dr, Rome, NY 13441-4910NY2001-03$10,836,851
4Yuma County Water Users AssociationPO BOX 5775, Yuma, AZ 85366-2488AZ2001-07$9,002,661
5California Alliance For Competitive Energy455 Capitol Mall Ste 801, Sacramento, CA 95814-4433CA2001-11$636,647
6Georgia Energy Cooperative An Electric Membership Corporation2100 E Exchange Pl Ste 300, Tucker, GA 30084-5313GA2002-10$223,145,373
7Horry Electric Cooperative IncPO BOX 119, Conway, SC 29528-0119SC1942-03$144,061,204
8Laurens Electric Cooperative IncPO BOX 700, Laurens, SC 29360-0700SC1942-03$122,075,716
9Iowa Lakes Electric Cooperative702 S 1st St, Estherville, IA 51334-2522IA1986-05$67,642,306
10Edisto Electric Cooperative IncPO BOX 547, Bamberg, SC 29003-0547SC1942-09$40,870,225
11Gs Electric Generating Cooperative IncPO BOX 9898, Amarillo, TX 79105-5898TX1999-07$24,131,759
12Marshall County Rural Electric Membership Corp11299 12th Rd, Plymouth, IN 46563-9012IN1937-10$15,477,080
13Reliabilityfirst Corporation320 Springside Dr Ste 300, Akron, OH 44333-4542OH2014-07$15,107,193
14Arkansas Utility Protections Service Inc2120 Maple Ridge Cir, Conway, AR 72034-8503AR2008-03$12,766,121
15Niobrara Electric Association IncPO BOX 697, Lusk, WY 82225-0697WY1955-06$8,199,096
16Columbia Basin Electric Cooperative IncPO BOX 398, Heppner, OR 97836-0398OR1952-03$8,118,850
17Inside Passage Electric Cooperative IncorporatedPO BOX 210149, Auke Bay, AK 99821-0149AK2003-01$6,844,908
18Pp&l Sustainable Energy Fund Inc1005 Brookside Rd Ste 210, Allentown, PA 18106-9028PA2001-02$5,161,606
19Madison Energy Cooperative Association Inc, M E C A4100 Holiday St Nw Ste 201, Canton, OH 44718-2589OH1999-01$2,069,180
20Creta Water CorporationPO BOX 393, Hollis, OK 73550-0393OK1999-08$284,336
Number of organizations performing similar types of work
Alaska6
Alabama4
Arkansas4
Arizona8
California40
Colorado22
Connecticut2
District of Columbia1
Florida2
Georgia11
Hawaii1
Iowa2
Idaho11
Illinois13
Indiana12
Kansas1
Kentucky1
Louisiana12
Massachusetts1
Maryland1
Maine2
Michigan2
Minnesota2
Missouri6
Mississippi12
Montana7
North Carolina3
North Dakota3
New Hampshire2
New Jersey1
New Mexico13
Nevada1
New York2
Ohio3
Oklahoma3
Oregon14
Pennsylvania4
South Carolina4
South Dakota3
Tennessee1
Texas37
Utah9
Virginia2
Washington24
Wisconsin1
Wyoming2
International1
Total319

faqs.org is not associated with, endorsed by, or sponsored by Creta Water Corporation and has no official or unofficial affiliation with Creta Water Corporation