Fairpoint Regional Utility System Inc

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

EIN: 593602680 ✦ Navarre, FL ✦ Designated as a 501(c)(12)

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Overview

What is Fairpoint Regional Utility System Inc?

Fairpoint Regional Utility System Inc, situated in Navarre, Florida, serves as a utility provider for three water utility system members. Their primary mission is to create, manage, and maintain a water supply system, ensuring the availability of potable water and related services to their members in the South Santa Rosa County area. The organization's activities are centered around supplying water services, contributing to the water utility needs of their community.

Is Fairpoint Regional Utility System Inc legitimate?

Fairpoint Regional Utility System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fairpoint Regional Utility 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

What is the mission statement of Fairpoint Regional Utility System Inc?

Fairpoint Regional Utility System Inc's mission is centered around creating, managing, and maintaining a reliable water supply utility system. This system is designed to provide potable water and related services to its members. The primary objective is to ensure the delivery of water services to three water utility system members located in its operational area. In essence, the utility company's mission is to ensure a consistent water supply for its clients, ensuring their needs are met effectively.

Who is the CEO of Fairpoint Regional Utility System Inc?

John L Grant is the President of Fairpoint Regional Utility System Inc.

What is the revenue of Fairpoint Regional Utility System Inc?

Fairpoint Regional Utility System Inc's revenue in 2022 was $3,836,568.

Who are the executives of Fairpoint Regional Utility System Inc and what are their salaries?


Here are 7 key members and their salaries:


John L Grant (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Naile (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Miller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Garza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Agricola (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Abell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daryl Lynchard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fairpoint Regional Utility System Inc?

Fairpoint Regional Utility System Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fairpoint Regional Utility System Inc

Fairpoint Regional Utility System, Inc., is committed to fulfilling its mission of creating, operating, and maintaining a water supply utility system. This mission is aimed at providing potable water and related services to its members. In essence, the utility company exists to ensure a reliable water service for its three utility system members, thereby contributing to their overall well-being.

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Impact




October, 2024

Fairpoint Regional Utility System Inc plays a critical role in supplying potable water to utility customers in the South Santa Rosa County area. By creating, operating, and maintaining a reliable water supply utility system, it ensures access to essential water services for its members. This not only supports the health and well-being of the community but also fosters sustainable development and growth in the region. The utility’s operations facilitate safe drinking water, which is vital for residential, commercial, and agricultural activities, thereby enhancing the overall quality of life in Navarre, Florida.




This information is meant to be a general summary of Fairpoint Regional Utility 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
$3,836,568 (2022)
Expenses
$2,178,998 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,076
  • Program Service Revenue: $3,821,492
  • Gross Receipts: $3,836,568

Assets and Liabilities:

  • Total Assets: $22,706,526
  • Total Liabilities: $6,214,289
  • Net Assets: $16,492,237

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Programs

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

WATER SALES

Revenue

$3,821,492

Organization Details

Founding Year

1999

Principal Officer

John L Grant

Main Address

8574 TURKEY BLUFF ROAD, NAVARRE, FL, 32566

NTEE Category

Code: Y22 - Mutual benefit

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