Knight Island Utilities Inc

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

EIN: 592732393 ✦ Cape haze, FL ✦ Designated as a 501(c)(12)

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Overview

What is Knight Island Utilities Inc?

Knight Island Utilities Inc, located in Cape Haze, Florida, is a nonprofit organization specialized in managing and maintaining water and sewer facilities. Serving a community of 365 active accounts and potential connections numbering 450, their primary mission is to provide essential utility services, including water and sewer, to the residents of Knight Island, Florida. The organization's activities are centered around ensuring the reliable and efficient operation of these utilities, contributing to the overall quality of life in the community.

Is Knight Island Utilities Inc legitimate?

Knight Island Utilities Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Knight Island Utilities 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

What is the mission statement of Knight Island Utilities Inc?

Knight Island Utilities Inc's mission is centered around providing essential utility services. Specifically, they strive to offer water and sewer services to their community. Their operations extend to managing and maintaining the necessary facilities, catering to 365 active accounts and 450 potential connections. Their primary goal is to ensure reliable utility services for the residents, contributing to their comfort and well-being.

Who is the CEO of Knight Island Utilities Inc?

Adam Beckstead is the President of Knight Island Utilities Inc.

What is the revenue of Knight Island Utilities Inc?

Knight Island Utilities Inc's revenue in 2023 was $512,910.

Who are the executives of Knight Island Utilities Inc and what are their salaries?


Here are 3 key members and their salaries:


Adam Beckstead (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald A Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Jacobson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Knight Island Utilities Inc?

Knight Island Utilities Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Knight Island Utilities Inc

Knight Island Utilities Inc, as a utility service provider, is dedicated to serving the residents of Knight Island, Florida. Their primary mission is to ensure the provision of reliable water and sewer services to the community. They operate and maintain the necessary facilities to cater to the needs of 365 active accounts, as well as 450 potential connections. The company's role is crucial in ensuring the basic necessities of water and sewer services are consistently available, contributing to the overall comfort and well-being of the Knight Island community.

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Impact




October, 2024

Knight Island Utilities Inc significantly enhances the quality of life for residents of Knight Island, Florida, by providing essential water and sewer utility services. The organization operates and maintains water and sewer facilities that currently serve 365 active accounts, with the capacity for an additional 450 potential connections. This not only ensures reliable access to clean water and effective sewage management but also supports public health and environmental sustainability in the community. By fulfilling its mission, Knight Island Utilities Inc plays a crucial role in meeting the daily needs of residents, fostering a safe and healthy living environment on the island.




This information is meant to be a general summary of Knight Island Utilities 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
$512,910 (2023)
Expenses
$487,689 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $46
  • Program Service Revenue: $512,864
  • Gross Receipts: $512,910

Assets and Liabilities:

  • Total Assets: $666,927
  • Total Liabilities: $41,561
  • Net Assets: $625,366

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Programs

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

WATER CHARGES

Revenue

$317,703

SEWER CHARGES

Revenue

$195,161

Organization Details

Founding Year

1981

Principal Officer

Adam Beckstead

Main Address

7092 PLACIDA ROAD, CAPE HAZE, FL, 33946

NTEE Category

Code: W80 - Public benefit

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