2026-06-18T09:37:19-04:00 2025-12-31 450529207 DURST JORDAN CPA PA 4459-B HIGHWAY 90 MILTON FL 32571 990 2025-01-01 591098296 PACE WATER SYSTEM INC PACE 8509945129 4401 WOODBINE RD PACE FL 32571 DAMON BOUTWELL GENERAL MANAGER 8509945129 2026-06-17 true JOSHUA C DURST P00436839 8509955000 2026-06-18 2025 2025-03-06 01:10:19Z DAMON BOUTWELL 4401 WOODBINE RD PACE FL 32571 21077616 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 79 0 941450 18112612 19807299 23544 295818 33049 18136156 21077616 0 0 4535220 6267583 0 0 6900124 6679835 11435344 12947418 6700812 8130198 145459162 163368950 5424323 5904113 140034839 157464837 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 true 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 21 0 false 79 true false false false false false 19807299 1270317 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 180295 0 0 DOUG DANGELO CONTROLLER 40.00 X 115019 0 0 BILL CARNEY PRESIDENT X X 0 0 0 JIM GRACE DIRECTOR X 0 0 0 PAUL HINSON SECRETARY X X 0 0 0 DAVID LOISELLE JR DIRECTOR X 0 0 0 CRAWFORD ODOM VICE PRESIDE X X 0 0 0 DANNY WARRICK TREASURER X X 0 0 0 295314 2 false true false ROBERSON UNDERGROUND UTILITY 9790 ROBERSON WAY MILTON FL 32570 CONSTRUCTION 2408573 CB&I STORAGE TANK SOLUTIONS PO BOX 201213 DALLAS TX 753201213 CONSTRUCTION 2123250 AMERICAN TANK MAINTENANCE PO BOX 130 WARTHEN GA 31094 MAINTENANCE 1947404 PRECON CORPORATION 115 SW 140TH TERR NEWBERRY FL 32669 CONSTRUCTION 1448275 B&W UTILITIES 1610 SUCCESS DR CANTONMENT FL 32533 CONSTRUCTION 1428427 5 941450 941450 WATER SALES 10121862 10121862 SEWER AND REUSE SALES 8913024 8913024 LATE FEES 508425 508425 SERVICE CHARGES 263988 263988 19807299 170657 170657 125161 125161 125161 125161 OTHER REVENUE 33049 33049 33049 21077616 20136166 X 295314 4589844 1382425 83533 258592 21860 72124 421916 60062 526 372806 327231 MAINTENANCE AND REPAIRS 1611714 UTILITIES 913096 CHEMICALS 391308 SUPPLIES 372009 1773058 12947418 0 0 0 1272956 1106809 16806582 7802128 2809184 2516151 123471 110252 1542540 1286928 321238 221827 132788483 39936068 77241209 92852415 45341982 57472440 145459162 163368950 3101632 3503314 2322691 2400799 5424323 5904113 X 47485 50670 67532133 76858747 72455221 80555420 140034839 157464837 145459162 163368950 X 8130198 -30000 9329800 X false true X false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 1937106 1937106 1588193 1588193 128531024 39936068 88594956 92120255 ADVANCE TO PPFA 41472644 CONSTRUCTION IN PROGRESS 15995226 UTILITY DEPOSITS 4570 57472440 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. false false false DAMON BOUTWELL GENERAL MANAGER 179821 474 180295 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 VEHICLE EXPENSE 306,283 0 0 BAD DEBTS 282,280 0 0 ENGINEERING 221,509 0 0 BANK CHARGES 213,193 0 0 DISPOSAL 165,935 0 0 BILLING SERVICES 158,652 0 0 COMMUNICATIONS EXPENSE 139,834 0 0 TESTING AND FEES 78,872 0 0 TAXES AND LICENSES 70,743 0 0 EDUCATION AND TRAINING 70,102 0 0 SPECIAL EVENTS 47,067 0 0 MISC. EXPENSE 18,588 0 0 TOTAL 1,773,058 0 0 FORM 990, PART XI, LINE 9 INCREASE IN MEMBERSHIP CERTIFICATES 3,185 TAP FEES 4,138,805 DEVELOPER CONTRIBUTIONS 9,348,724 AMORTIZATION OF CIAC -4,160,914 TOTAL 9,329,800 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 5690056 INCREASE IN ADVANCE PPFA