Inlet Beach Water System Inc

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

EIN: 591222680 ✦ Panama city beach, FL ✦ Designated as a 501(c)(12)

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Overview

What is Inlet Beach Water System Inc?

Inlet Beach Water System Inc is a nonprofit organization that serves the essential needs of rural communities by providing both water and sewer services. With a mission to cater to approximately 1,036 households for water and 832 households for sewer, this organization plays a crucial role in ensuring the basic amenities for these residential areas. The organization's primary activity or mission is to facilitate the delivery of clean water and functional sewer systems, thereby enhancing the quality of life in these rural communities.


Official website here: www.inletbeachwater.com

Is Inlet Beach Water System Inc legitimate?

Inlet Beach Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Inlet Beach 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.inletbeachwater.com

What is the mission statement of Inlet Beach Water System Inc?

Inlet Beach Water System Inc's primary objective is to serve rural communities, providing both water and sewer services. Their mission is centered around ensuring the availability of these essential utilities to approximately 1,036 households in need of water service, and 832 households requiring sewer service. The organization's role is to enhance the quality of life for these households by ensuring a reliable supply of these essential services.


Official website here: www.inletbeachwater.com

Who is the CEO of Inlet Beach Water System Inc?

Ernest Clark is the President of Inlet Beach Water System Inc.


Official website here: www.inletbeachwater.com

What is the revenue of Inlet Beach Water System Inc?

Inlet Beach Water System Inc's revenue in 2023 was $1,595,977.


Official website here: www.inletbeachwater.com

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


Here are 6 key members and their salaries:


Jim Kelly (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Edwards (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steadman Shealy Jr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Harris (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Whitlow (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Allen Fowler (General Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.inletbeachwater.com

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

Inlet Beach Water System Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.inletbeachwater.com

Learn more at the official website: www.inletbeachwater.com

Mission Statement of Inlet Beach Water System Inc

Inlet Beach Water System Inc, as its mission statement suggests, is dedicated to serving rural communities by providing essential water and sewer services. This nonprofit organization's primary goal is to ensure that approximately 1,036 households in these rural areas have access to clean and reliable water. Furthermore, Inlet Beach Water System Inc extends its services to 832 households, managing their sewer needs as well. By offering these vital utilities, the organization plays a significant role in enhancing the quality of life in these rural communities, ensuring that essential resources are readily available.

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Impact




October, 2024

Inlet Beach Water System Inc significantly impacts the community by ensuring access to essential water and sewer services for rural households. Serving approximately 1,036 homes with clean water and 832 homes with efficient sewer services, the organization plays a crucial role in promoting public health and sanitation in Panama City Beach, Florida. By addressing the water needs of these rural communities, Inlet Beach Water System Inc enhances the quality of life for residents, supporting both daily living and overall well-being. The provision of reliable water and sewer services helps prevent health hazards associated with inadequate sanitation, safeguarding the environment and community health. This commitment to serving rural households fosters resilience and sustainability, making a substantial contribution to the region's public benefit.




This information is meant to be a general summary of Inlet Beach 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
$1,595,977 (2023)
Expenses
$1,559,340 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $35,655
  • Program Service Revenue: $1,505,506
  • Gross Receipts: $1,595,977

Assets and Liabilities:

  • Total Assets: $7,235,347
  • Total Liabilities: $578,977
  • Net Assets: $6,656,370

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Programs

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

Water & Sewer Sales

Revenue

$976,737

Installation Fees

Revenue

$486,097

Other Charges - Water

Revenue

$42,672

Organization Details

Founding Year

1967

Principal Officer

Ernest Clark

Main Address

95 N Wall St, Panama City Beach, FL, 324617258

NTEE Category

Code: W80 - Public benefit

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