South Walton Utility Company Inc

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

EIN: 591673712 ✦ Miramar beach, FL ✦ Designated as a 501(c)(12)

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Overview

What is South Walton Utility Company Inc?

South Walton Utility Company Inc, located at Miramar Beach Drive in Florida's 32550 zip code, is a nonprofit organization dedicated to providing water and sewer services to a community of approximately 10,600 members as of the end of 2023. With a team of 44 employees, their mission is to deliver quality and dependable water and wastewater services in a responsive and equitable manner. The company prides itself on ensuring the essential needs of their members are met with care and efficiency.


Official website here: www.swuci.org

What are the reviews and ratings of this charity?

South Walton Utility Company Inc is not currently rated by Charity Navigator. The lack of a rating does not imply a positive or negative evaluation; rather, it indicates that the organization has not undergone a comprehensive assessment by the evaluation company. Historically, the absence of detailed evaluations like Leadership & Adaptability or Impact & Measurement is notable but expected due to the broader focus on Accountability and Finance in earlier assessments.

The organization is classified as independent and not part of the 501(c)(3) nonprofit category, meaning it does not benefit from tax-exempt status or eligibility for tax-deductible contributions typically associated with these organizations. The unavailability of Form 990 data and details on revenue, expenses, and salaries further limits insights into its financial and operational practices.

As the South Walton Utility Company Inc lacks user reviews on GreatNonprofits, there is no available feedback from the general public regarding their experiences, either positive or negative. Therefore, the overall public sentiment about the organization remains unassessed.


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

Is South Walton Utility Company Inc legitimate?

South Walton Utility Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. South Walton Utility Company 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: $708,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,101,887

For more financial information, click here


Official website here: www.swuci.org

What is the mission statement of South Walton Utility Company Inc?

South Walton Utility Company Inc is dedicated to delivering quality and reliable water and sewer services to its members. The company prides itself on providing these essential services in a responsive and equitable manner. Its mission is to ensure that every member receives the best possible experience, with a focus on maintaining the highest standards of service delivery. By prioritizing both quality and reliability, South Walton Utility Company Inc aims to build trust and confidence among its customer base. The company serves a community of approximately 10,598 members, and its commitment to meeting their needs is a top priority.


Official website here: www.swuci.org

Who is the CEO of South Walton Utility Company Inc?

Alicia Keeter is the President of South Walton Utility Company Inc.


Official website here: www.swuci.org

What is the revenue of South Walton Utility Company Inc?

South Walton Utility Company Inc's revenue in 2023 was $12,909,445.


Official website here: www.swuci.org

Who are the executives of South Walton Utility Company Inc and what are their salaries?

The average compensation at South Walton Utility Company Inc during 2023 was $63,861. There are 44 employees at South Walton Utility Company Inc.


Here are 12 key members and their salaries:


Michael Richardson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Brown (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen D Dixon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewayne Youngblood (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin K Terry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter M Abt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Keeter (General Manager)
  • Compensation: $142,092
  • Related: $0
  • Other: $0
Richard Schwartz (Project And Maintenance Ma)
  • Compensation: $122,803
  • Related: $0
  • Other: $0
Joseph Ream (Water And Waste Manager)
  • Compensation: $114,748
  • Related: $0
  • Other: $0
Benjamin Keen (Operations Manager)
  • Compensation: $114,458
  • Related: $0
  • Other: $0
Nancy Kennedy (Office Manager)
  • Compensation: $112,184
  • Related: $0
  • Other: $0


Official website here: www.swuci.org

Where can I find the form 990 for South Walton Utility Company Inc?

South Walton Utility Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.swuci.org

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

Mission Statement of South Walton Utility Company Inc

South Walton Utility Company Inc, a dedicated utility provider, is committed to delivering quality and dependable water and sewer services to its 10,598 members. With a mission that goes beyond the mere supply of essential utilities, the company strives to offer its services in a responsive and equitable manner.

The South Walton Utility Company Inc team understands the importance of reliable water and wastewater services in everyday life. By focusing on providing these services with care and attention, the company aims to contribute positively to the well-being of its members. The organization is consistently seeking ways to improve its offerings and ensure that it remains responsive to the evolving needs of its community.

In delivering its services, South Walton Utility Company Inc prioritizes quality and reliability. This dedication to excellence is reflected in its rigorous adherence to industry standards and its commitment to maintaining the highest levels of service consistency. By providing its members with access to clean water and efficient wastewater management, the company is helping to create a healthier and more comfortable living environment for all.

South Walton Utility Company Inc's mission extends beyond just the technical aspects of water and sewer services. The organization is also committed to addressing the needs of its members in an equitable manner. By providing its services with fairness and consideration, the company aims to build strong relationships with its community and foster a sense of trust and mutual respect. This approach not only benefits individual members but also contributes to the overall health and stability of the community as a whole.

In summary, South Walton Utility Company Inc is a mission-driven utility provider that goes the extra mile to ensure the quality, reliability, and equitability of its water and sewer services. By prioritizing its members' needs and focusing on delivering top-notch services, the company is making a positive impact on the lives of the 10,598 households it serves.

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Impact




October, 2024

South Walton Utility Company Inc plays a crucial role in the provision of essential water and wastewater services to 10,598 members in Miramar Beach, Florida. By focusing on delivering quality and reliable services, the company ensures that the community has access to safe and efficient water supply and sewer systems. This commitment to responsiveness and equity underscores their efforts to meet the needs of all members, fostering a sustainable living environment. The utility's impact is vital for public health, environmental sustainability, and the overall quality of life in the region.




This information is meant to be a general summary of South Walton Utility Company 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
$12,909,445 (2023)
Expenses
$10,841,996 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $665,490
  • Program Service Revenue: $11,708,776
  • Gross Receipts: $12,933,631

Assets and Liabilities:

  • Total Assets: $79,481,630
  • Total Liabilities: $10,058,723
  • Net Assets: $69,422,907

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Programs

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

WATER SALES

Revenue

$5,880,299

SEWER SALES

Revenue

$5,657,929

OTHER PROGRAM SERVICE REVENUE

Revenue

$170,548

Organization Details

Founding Year

1968

Principal Officer

Alicia Keeter

Main Address

369 MIRAMAR BEACH DRIVE, MIRAMAR BEACH, FL, 32550

NTEE Category

Code: W80 - Public benefit

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