Pace Water System Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 591098296 ✦ Pace, FL ✦ Designated as a 501(c)(12)

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Overview

What is Pace Water System Inc?

Pace Water System Inc is a Florida-based organization located at 4401 Woodbine Road, Pace, with a workforce of 53 employees. Their primary mission is to effectively operate and maintain a water, sewer, and reuse system within Santa Rosa County's granted franchise area. Their focus encompasses supplying and distributing essential water and sewer services, ensuring the community's access to these necessities.


Official website here: www.pacewater.org

What are the reviews and ratings of this charity?

Pace Water System Inc is not currently rated by Charity Navigator. This lack of rating stems primarily from its status as an entity not registered with the IRS as a 501(c)(3) nonprofit. Consequently, Charity Navigator's standard evaluation metrics, such as Accountability & Finance or Impact & Measurement, do not apply to this organization.

The absence of a Charity Navigator rating does not inherently reflect a positive or negative judgment about Pace Water System Inc. Historical ratings of similar entities generally focus on financial accountability but did not incorporate newer evaluation dimensions like Impact or Leadership. Financial data, such as total revenue or the salaries of key personnel, is also unavailable for this particular organization.

No user reviews are available from GreatNonprofits, providing no additional insights into the community's perception or experiences with this entity. As such, further qualitative or community-based assessments cannot be drawn from this platform for Pace Water System Inc.


This AI summary has been generated from information found on Charity Navigator.

Is Pace Water System Inc legitimate?

Pace Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pace Water System Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $238,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,734,499

For more financial information, click here


Official website here: www.pacewater.org

What is the mission statement of Pace Water System Inc?

Pace Water System Inc is dedicated to effectively managing and maintaining the water, sewer, and reuse system within its granted franchise area. The organization's primary focus is on ensuring a reliable supply and distribution of these essential services to its community. By operating and maintaining the system, Pace Water System Inc aims to meet the needs of its user base and contribute to the overall well-being of its inhabitants. The organization's commitment to delivering high-quality water, sewer, and reuse services is a crucial aspect of its mission, ensuring the community's access to these necessities for daily life.


Official website here: www.pacewater.org

Who is the CEO of Pace Water System Inc?

Damon Boutwell is the General Mana of Pace Water System Inc.


Official website here: www.pacewater.org

What is the revenue of Pace Water System Inc?

Pace Water System Inc's revenue in 2022 was $14,421,848.


Official website here: www.pacewater.org

Who are the executives of Pace Water System Inc and what are their salaries?

The average compensation at Pace Water System Inc during 2022 was $56,090. There are 53 employees at Pace Water System Inc.


Here are 8 key members and their salaries:


Damon Boutwell (General Mana)
  • Compensation: $147,893
  • Related: $0
  • Other: $0
Doug Dangelo (Controller)
  • Compensation: $90,358
  • Related: $0
  • Other: $0
Bill Carney (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Hadder (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hinson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crawford Odom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Warrick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pacewater.org

Where can I find the form 990 for Pace Water System Inc?

Pace Water System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pacewater.org

Learn more at the official website: www.pacewater.org

Mission Statement of Pace Water System Inc

Pace Water System Inc, a key utility provider, is dedicated to operating and maintaining a system for the supply and distribution of water, sewer, and reuse within its granted franchise area. The organization's primary mission revolves around ensuring a reliable and efficient water and sewer service for its community, thereby improving the overall quality of life.

In essence, Pace Water System Inc serves as the backbone of its community's essential water and sewer infrastructure. By managing and maintaining the system, it ensures a consistent and uninterrupted water supply, as well as the proper disposal of sewage. Furthermore, the integration of reuse within its services signifies a commitment to sustainable practices and effective water management.

The organization's operations encompass the entire process from source to delivery, allowing it to cater to various aspects of its community's water and sewer needs. Through its dedication to providing high-quality services, Pace Water System Inc plays a vital role in contributing to the health and well-being of its community. The organization's mission is a testament to its unwavering commitment to maintaining the necessary infrastructure for the essential services of water, sewer, and reuse.

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Impact




October, 2024

Pace Water System Inc significantly impacts its community by ensuring the reliable supply and distribution of water, sewer services, and water reuse systems in the Pace area of Santa Rosa County, Florida. By efficiently managing these essential services, the organization enhances public health, supports local development, and contributes to the overall quality of life for residents. Its commitment to maintaining infrastructure allows for sustainable and environmentally responsible management of water resources, which is crucial for a growing population. The provision of safe drinking water and effective wastewater management not only protects the environment but also fosters economic stability and growth within the community.




This information is meant to be a general summary of Pace Water System Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,421,848 (2022)
Expenses
$8,012,578 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $71,811
  • Program Service Revenue: $14,350,037
  • Gross Receipts: $14,421,848

Assets and Liabilities:

  • Total Assets: $113,717,258
  • Total Liabilities: $3,169,309
  • Net Assets: $110,547,949

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WATER SALES

Revenue

$7,679,691

SEWER AND REUSE SALES

Revenue

$6,191,563

LATE FEES

Revenue

$225,132

SERVICE CHARGES

Revenue

$148,533

MISC. SERVICE INCOME

Revenue

$69,639

Organization Details

Founding Year

1964

Principal Officer

Damon Boutwell

Main Address

4401 WOODBINE ROAD, PACE, FL, 32571

NTEE Category

Code: W80 - Public benefit

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