2024-07-11T15:37:28-04:00 2023-12-31 450529207 DURST JORDAN CPA PA 4459-B HIGHWAY 90 MILTON FL 32571 990 2023-01-01 591098296 PACE WATER SYSTEM INC PACE 8509945129 4401 WOODBINE ROAD PACE FL 32571 DAMON BOUTWELL GENERAL MANAGER 8509945129 2024-07-10 true DAMON BOUTWELL 999009999 true JOSHUA C DURST P00436839 8509955000 2024-07-11 2023 2023-04-26 12:10:37Z DAMON BOUTWELL 4401 WOODBINE RD PACE FL 32571 17604322 false X WWW.PACEWATER.ORG X 1964 FL TO OPERATE AND MAINTAIN A SYSTEM FOR THE SUPPLY AND DISTRIBUTION OF WATER, SEWER, AND REUSE WITHIN ITS FRANCHISE AREA GRANTED BY SANTA ROSA COUNTY. 6 6 70 0 0 14350037 17288568 71811 33067 0 14421848 17321635 0 0 3198853 3792614 0 0 4813725 5349434 8012578 9142048 6409270 8179587 113717258 131811127 3169309 5966411 110547949 125844716 X TO OPERATE AND MAINTAIN A SYSTEM FOR THE SUPPLY AND DISTRIBUTION OF WATER, SEWER, AND REUSE WITHIN ITS FRANCHISE AREA GRANTED BY SANTA ROSA COUNTY. false false TO OPERATE AND MAINTAIN A SYSTEM FOR THE SUPPLY AND DISTRIBUTION OF WATER, SEWER, AND REUSE WITHIN ITS FRANCHISE AREA GRANTED BY SANTA ROSA COUNTY. TO OPERATE AND MAINTAIN A SYSTEM FOR THE SUPPLY AND DISTRIBUTION OF WATER, SEWER, AND REUSE WITHIN ITS FRANCHISE AREA GRANTED BY SANTA ROSA COUNTY. false false false false false false false true false true false false true false false false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 23 0 false 70 true false false false false false 17273087 48548 false false false X 6 6 false false false false true true false true true false false false true true true false false true false false X DOUG DANGELO 8509945129 4401 WOODBINE RD PACE FL 32571 DAMON BOUTWELL GENERAL MANA 40.00 X 168211 0 0 DOUG DANGELO CONTROLLER 40.00 X 102977 0 0 BILL CARNEY VICE PRESIDE X X 0 0 0 HOWARD HARRIS DIRECTOR X 0 0 0 PAUL HINSON PRESIDENT X X 0 0 0 MARY HOWELL SECRETARY X 0 0 0 CRAWFORD ODOM DIRECTOR X 0 0 0 DANNY WARRICK TREASURER X X 0 0 0 271188 2 false true false PENSACOLA CONCRETE & CONSTRUCTION PO BOX 2787 PENSACOLA FL 32513 CONSTRUCTION 1381607 UTILITY SERVICE CO 4326 GULF BREEZE PKWY GULF BREEZE FL 32563 MAINTENANCE 1251178 B&W UTILITIES 1610 SUCCESS DR CANTONMENT FL 32533 CONSTRUCTION 952644 ROBERSON UNDERGROUND UTILITY 9790 ROBERSON WAY MILTON FL 32570 CONSTRUCTION 321048 COLDWATER CONSTRUCTION 5236 MORGAN RIDGE RD MILTON FL 32570 CONSTRUCTION 205509 5 WATER SALES 9165926 9165926 SEWER AND REUSE SALES 7603390 7603390 LATE FEES 266843 266843 SERVICE CHARGES 160732 160732 MISC. SERVICE INCOME 70477 70477 21200 21200 17288568 290754 290754 25000 282687 -257687 -257687 -257687 17321635 17321635 X 271188 3271747 249679 57480 49029 24458 86177 61114 1472 -298939 1071002 MAINTENANCE AND REPAIRS 1014278 UTILITIES 951742 CHEMICALS 337321 COMPUTER SUPPORT AND MAIN 325868 1668432 9142048 0 0 0 13007894 1058242 11356320 21056707 1574950 2367486 143551 134310 898657 1575245 144893 185924 96703817 34034648 57633379 62669169 28957614 42764044 113717258 131811127 1159971 3823800 2009338 2142611 3169309 5966411 X 44043 46225 52929084 60044082 57574822 65754409 110547949 125844716 113717258 131811127 X 8179587 7117180 X false true X false false true X 1937106 1937106 1280646 1280646 93486065 34034648 59451417 62669169 ADVANCE TO PPFA 33210740 CONSTRUCTION IN PROGRESS 9549314 UTILITY DEPOSITS 3990 42764044 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE SYSTEM HOLDS CUSTOMER DEPOSITS IN A RESERVE ACCOUNT. THESE DEPOSITS ARE CONSIDERED A LIABILITY BECAUSE THE DEPOSITS ARE RETURNED TO CUSTOMERS WHEN THEY LEAVE THE SYSTEM. X false false false DAMON BOUTWELL GENERAL MANAGER 165761 2450 168211 FORM 990, PAGE 2, PART III, LINE 4D TO OPERATE AND MAINTAIN A SYSTEM FOR THE SUPPLY AND DISTRIBUTION OF WATER, SEWER, AND REUSE WITHIN ITS FRANCHISE AREA GRANTED BY SANTA ROSA COUNTY. FORM 990, PAGE 6, PART VI, LINE 6 ALL WATER CUSTOMERS ARE MEMBERS OF THE SYSTEM. WHEN A CUSTOMER JOINS THE SYSTEM, THEY PAY A 2.50 MEMBERSHIP FEE. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER HAS VOTING RIGHTS. FORM 990, PAGE 6, PART VI, LINE 11B THE BOOKS ARE AUDITED BY AN INDEPENDENT CPA AND REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO THE RETURN BEING FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C TO COMPLY WITH THE CONFLICT OF INTEREST POLICY, A PERIODIC REVIEW IS DONE BY THE BOARD OF DIRECTORS AND LEGAL COUNSEL. FORM 990, PAGE 6, PART VI, LINE 15A BOARD OF DIRECTORS REVIEW AND APPROVE GENERAL MANAGER'S CONTRACT INCLUDING COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS OF THE PACE WATER SYSTEM, INC. AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E DISPOSAL 226,075 0 0 VEHICLE EXPENSE 220,824 0 0 BILLING SERVICES 189,485 0 0 SUPPLIES 179,585 0 0 BANK CHARGES 165,049 0 0 OTHER CONTRACTUAL SERVICE 133,920 0 0 ENGINEERING 120,931 0 0 TELEPHONE 120,751 0 0 EDUCATION AND TRAINING 83,522 0 0 TESTING AND FEES 82,011 0 0 BAD DEBTS 50,028 0 0 SPECIAL EVENTS 46,169 0 0 TAXES AND LICENSES 43,656 0 0 MISC. EXPENSE 6,426 0 0 TOTAL 1,668,432 0 0 FORM 990, PART XI, LINE 9 INCREASE IN MEMBERSHIP CERTIFICATES 2,182 TAP FEES 7,107,745 DEVELOPER CONTRIBUTIONS 3,534,634 AMORTIZATION OF CIAC -3,527,381 TOTAL 7,117,180 PACE PROPERTY FINANCE AUTHORITY INC 4401 WOODBINE RD MILTON FL 32571 521695310 TAX-EXEMPT FL GOVT 6 N/A false false false false true false false false false false false false false false true false true false false false PACE PROPERTY FINANCE AUTHORITY D 9873190 INCREASE IN ADVANCE PPFA