Point Baker Water System Inc

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

EIN: 591296743 ✦ Milton, FL ✦ Designated as a 501(c)(12)

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Overview

What is Point Baker Water System Inc?

Point Baker Water System Inc is a public utilities organization, established in Milton, FL. Their primary mission is to cater to the water needs of rural residents living in the unincorporated area. As a nonprofit entity, they provide essential water services to this community, ensuring an adequate water supply for their daily needs. The organization operates as a public utility, focusing on delivering clean and safe water to its constituents.

Is Point Baker Water System Inc legitimate?

Point Baker Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Point Baker 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: $72,031
Professional Fundraising Fees: $0
Other Salaries and Wages: $550,807

For more financial information, click here

What is the mission statement of Point Baker Water System Inc?

Point Baker Water System Inc is dedicated to providing water services for rural residents in its area. As a public utilities organization, its mission is to ensure a reliable water supply for the community. The system operates with the primary goal of meeting the water needs of the unincorporated area, thereby enhancing the quality of life for its residents. Point Baker Water System Inc is committed to delivering safe and sustainable water solutions, contributing to the overall well-being of the rural community it serves.

What is the revenue of Point Baker Water System Inc?

Point Baker Water System Inc's revenue in 2024 was $1,609,457.

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

The average compensation at Point Baker Water System Inc during 2024 was $56,622. There are 11 employees at Point Baker Water System Inc.

Here are 10 key members and their salaries:


Keith Rowell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Rinehart (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Womack (Sec/Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Mathis (Manager)
  • Compensation: $72,031
  • Related: $0
  • Other: $0
Charles Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Salter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dennis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Murphy Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Point Baker Water System Inc?

Point Baker Water System Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Point Baker Water System Inc

Point Baker Water System, as a public utilities organization, is committed to serving the unincorporated area by providing essential water services to rural residents. Its mission is centered around ensuring that residents in these areas have reliable access to clean water, thereby enhancing their quality of life. By operating as a water provider, Point Baker Water System plays a vital role in meeting the basic needs of the community, thereby contributing positively to the overall well-being of its residents.

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Impact




October, 2024

Point Baker Water System Inc plays a crucial role in ensuring access to clean and reliable water for rural residents in the unincorporated areas of Milton, FL. By operating as a public utilities organization, it addresses the essential needs of the community, particularly in regions where infrastructure may be lacking. The organization's programs are designed to provide safe and consistent water supply, significantly enhancing the quality of life for local residents. This access not only supports daily living needs but also contributes to public health and safety, fostering a more resilient and sustainable community.




This information is meant to be a general summary of Point Baker 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
$1,609,457 (2024)
Expenses
$1,475,108 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $9,123
  • Program Service Revenue: $1,600,334
  • Gross Receipts: $1,609,457

Assets and Liabilities:

  • Total Assets: $5,026,194
  • Total Liabilities: $1,765,623
  • Net Assets: $3,260,571

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Programs

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

WATER SALES

Revenue

$1,545,997

SERVICE CHARGES

Revenue

$46,024

MISCELLANEOUS INCOME

Revenue

$5,683

CUSTOMER FEES

Revenue

$2,630

Organization Details

Founding Year

1968

Principal Officer

Keith Rowell

NTEE Category

Code: W80 - Public benefit

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