2024-09-09T11:35:15-05:00 2023-12-31 460403496 CASEY PETERSON LTD 909 ST JOSEPH ST STE 101 RAPID CITY SD 57701 990 2023-01-01 880625032 WESTERN DAKOTA REGIONAL WATER SYSTEM WEST 6055197333 PO BOX 484 RAPID CITY SD 57709 DOUG CURRY PRESIDENT 6055197333 2024-09-09 1 1 KATELYN WOTEN CPA P02265613 6053481930 2024-09-09 2023 2024-08-08 14:25:15Z DOUG CURRY PO BOX 484 RAPID CITY SD 57709 2195613 0 X HTTPS://WDRWS.ORG/ X 2021 SD TO PROVIDE A SOURCE OF WATER FROM THE MISSOURI RIVER OR ANY OTHER FEASIBLE SOURCE TO ITS MEMBERS TO CONSTRUCT, BUILD AND OWN PLATS, FACILITIES AND PIPELINES FOR THE TRANSPORTING OF SAID WATER TO ITS MEMBERS. 7 7 2 0 0 0 183500 2195613 0 0 0 0 0 0 183500 2195613 0 0 0 0 0 36529 0 0 0 111624 561018 111624 597547 71876 1598066 656241 1683559 566808 0 89433 1683559 TO PROVIDE A SOURCE OF WATER FROM THE MISSOURI RIVER OR ANY OTHER FEASIBLE SOURCE TO ITS MEMBERS TO CONSTRUCT, BUILD AND OWN PLATS, FACILITIES AND PIPELINES FOR THE TRANSPORTING OF SAID WATER TO ITS MEMBERS. 0 0 WESTERN DAKOTA REGIONAL WATER SYSTEM CONSTRUCTS, OPERATES, AND MAINTAINS A WATER SYSTEM FOR ITS MEMBERS 0 1 0 0 0 0 0 0 0 1 0 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 3 0 1 2 1 0 0 0 0 0 0 0 0 0 12850 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X CASEY PETERSON LTD 6053481930 909 ST JOSEPH ST STE 101 RAPID CITY SD 57701 DOUG CURRY PRESIDENT 1.00 X X 0 0 0 DALE TECH SECRETARY TREASURER 1.00 X X 0 0 0 JAKE FITZGERALD BOARD MEMBER 1.00 X 0 0 0 TERESA HALL BOARD MEMBER 1.00 X 0 0 0 TODD WILLIAMSON BOARD MEMBER 1.00 X 0 0 0 JIM MARTIN BOARD MEMBER 1.00 X 0 0 0 ADAM MCMAHON BOARD MEMBER 1.00 X 0 0 0 CHERYL CHAPMAN EXECUTIVE DIRECTOR 32.00 X 14280 0 0 14280 0 0 0 0 0 0 ADVANCED ENGINEERING AND ENVIRONMENTAL S 4050 GARDEN VIEW DR STE 202 GRAND FORKS ND 58201 ENGINEERING AND PROJECT MANAGEMENT 1969042 US GEOLOGICAL SURVEY 1608 MOUNTAIN VIEW ROAD RAPID CITY SD 57702 GEOLOGICAL SURVEY 174945 2 12850 2119513 63250 3250 2195613 2195613 0 0 0 X 14280 19262 2987 50095 489510 1988 12988 46 1038 523 2582 MEMBERSHIPS AND DUES 2248 597547 57336 23739 1660343 523 598905 1659820 656241 1683559 566808 0 566808 0 X 89433 1683559 0 0 89433 1683559 656241 1683559 1598066 -3940 0 X X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1660343 523 1659820 1659820 X 2195613 0 2195613 0 2195613 2284293 1687269 1687269 597024 523 523 597547 PART X, LINE 2: AS OF DECEMBER 31, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2020. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATION, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION BELIEVES ITS ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE. PART XII, LINE 2D - OTHER ADJUSTMENTS: ASSETS CAPITALIZED FOR TAX BASIS 1,637,269. ACCRUAL TO CASH ADJUSTMENT 50,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: TAX BASIS DEPRECIATION EXPENSE 523. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE TWO CLASSES OF VOTING MEMBERSHIP IN THE ORGANIZATION. EACH MEMBER OF THE ORGANIZATION, EXCEPT ANY ASSOCIATE MEMBER, SHALL BE ENTITLED TO ONE VOTE ON ALL MATTERS REQUIRING A VOTE OF THE MEMBERS OF THE ORGANIZATION. ELIGIBLE VOTING MEMBERS SHALL BE MUNICIPALITIES, STATE POLITICAL SUBDIVISIONS, TRIBAL GOVERNMENT OR TRIBAL GOVERNMENT AFFILIATED ENTITIES, AND NONPROFIT CORPORATIONS OR COOPERATIVES THAT OPERATE A WATER DISTRIBUTION SYSTEM, HAVE LEADERSHIP SELECTED BY THE WATER USERS AND AGREE TO SUPPORT, BY REASON OF ITS MEMBERSHIP IN THE ORGANIZATION, THE ORGANIZATION IN ADVOCATING FOR AND DEVELOPING, CONSTRUCTING AND OPERATING THE ORGANIZATION'S WATER SYSTEM. THE VOTING MEMBERSHIP WILL BE SEPARATED INTO A LEVEL 1 MEMBERSHIP AND A LEVEL 2 MEMBERSHIP. LEVEL 1 MEMBERSHIPS SHALL CONSIST OF ELIGIBLE ENTITIES THAT HAVE AT LEAST 200 SEPARATE AND INDEPENDENT RESIDENTIAL CONNECTIONS TO THAT MEMBER'S EXISTING WATER SYSTEM. ENTITIES WITH DEMAND THAT EXCEEDS THAT USUALLY ENVISIONED FOR 200 FULL TIME RESIDENTIAL HOOKUPS MAY APPLY TO THE BOARD OF DIRECTORS TO QUALIFY AS A LEVEL 1 MEMBER. LEVEL 2 MEMBERS SHALL RUN AN OPERATING WATER SYSTEM SERVING LESS THAN 200 RESIDENTIAL HOOKUPS. AN ORGANIZATION WITH OVER 200 RESIDENTIAL HOOKUPS THAT IS FULLY BUILT OUT WITHIN ITS JURISDICTIONAL TERRITORY MAY REQUEST THAT ITS MEMBERSHIP APPLICATION BE TREATED AS A MEMBERSHIP APPLICATION AS A LEVEL 2 MEMBER. TWO-THIRDS OF THE BOARD OF DIRECTORS SHALL BE REPRESENTATIVES OF LEVEL 1 MEMBERS. THE REMAINING BOARD OF DIRECTORS SHALL BE REPRESENTATIVES OF LEVEL 2 MEMBERS. ASSOCIATE MEMBERS CONSIST OF INDIVIDUALS AND ENTITIES THAT WISH TO SUPPORT THE ORGANIZATION BUT ARE NOT ELIGIBLE TO BE LEVEL 1 OR LEVEL 2 VOTING MEMBERS. THE BOARD OF DIRECTORS REVIEW MEMBERSHIP APPLICATIONS AT REGULARLY SCHEDULED BOARD MEETINGS. FORM 990, PART VI, SECTION A, LINE 7A ANY MEMBER MAY NOMINATE ONE QUALIFIED CANDIDATE FOR BOARD OF DIRECTORS. NOMINATED CANDIDATES SHALL BE VOTED ON AT THE ANNUAL MEETING OF THE MEMBERS. EACH VOTING MEMBER SHALL HAVE ONE VOTE PER OPEN POSITION. EACH MEMBER CAN ONLY CAST ONE VOTE PER OPEN POSITION AND MAY NOT CAST MORE THAN ONE VOTE FOR A NOMINEE. THE NOMINEE(S) RECEIVING THE HIGHEST VOTES SHALL BECOME DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR WILL REVIEW AND SUBMIT A DRAFT OF THE 990 TO THE BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS DECLARE CONFLICTS OF INTEREST AT THE BEGINNING OF EACH BOARD MEETING AS APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS USE REGIONAL DATA FOR COMPARABLE POSITIONS TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G GEOLOGICAL SURVEY 124,945. PROJECT MANAGEMENT 364,565. FORM 990, PART XII, LINE 1: THE ORGANIZATION CONVERTED FROM THE OVERALL ACCRUAL TO OVERALL CASH METHOD OF ACCOUNTING. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT.