Palmetto Utility Protection Service Inc
- Assets
- $3.3m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 63
- Location
- Columbia, SC
- Founding
- 12/1990
- Data as of
- 12/2021
- EIN
- 57-0665107
Organization Overview
Palmetto Utility Protection Service Inc is located in Columbia, SC. The organization was established in 1990. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Palmetto Utility Protection Service Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palmetto Utility Protection Service Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Palmetto Utility Protection Service Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $4.3m during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS SOUTH CAROLINA'S PRIMARY COMMUNICATION RESOURCE FOR DAMAGE PREVENTION OF UNDERGROUND INFRASTRUCTURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS RERQUIRED BY SECTION 58-36-50 (RESPONSIBILITIES OF NOTIFICATION CENTER) OF THE SOUTH CAROLINA UNDERGROUND FACILITY DAMAGE PREVENTION ACT (EFFECTIVE JUNE 7, 2012), THE ORGANIZATION RECEIVED NOTICES FROM PERSONS WITH INTENTION OF PERFORMING UNDERGROUND EXCAVATION OR DEMOLITION WITHIN THE STATE, AND TRANSMITTED THE INFORMATION TO THE OPERATORS OF THE UNDERGROUND INFRASTRUCTURE. THE ORGANIZATION ALSO FULFILLED ITS OBLIGATION TO MAINTAIN RECORDS OF NOTICES RECEIVED AND TRANSMITTED.
ALSO AS REQUIRED BY SECTION 58-36-50 OF THE SOUTH CAROLINA UNDERGROUND FACILITY DAMAGE PREVENTION ACT, THE ORGANIZATION OPERATED A DAMAGE PREVENTION PROGRAM (THE SC811 PUBLIC AWARENESS PROGRAM) WHICH ENCOMPASSED A STATEWIDE MARKETING CAMPAIGN, AND OFFERED NUMEROUS IN-PERSON AND ONLINE TRAINING OPTIONS FOR ALL STAKEHOLDERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Misty Wise Executive Director | Officer | 40 | $185,399 |
Wayne Meyer President | OfficerTrustee | 5 | $0 |
Chad Price Secretary | OfficerTrustee | 3 | $0 |
Mark Attaway 2nd Vice President | OfficerTrustee | 3 | $0 |
Thomas Harvey Treasurer | OfficerTrustee | 3 | $0 |
Lowell Carter 1st Vice President | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Five 9 Inc Technology | 12/30/21 | $163,872 |
4 Iq Solutions Technology | 12/30/21 | $150,000 |
Willis Professional Services Hr Consulting | 12/30/21 | $123,888 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,815,770 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,815,770 |
| Total Program Service Revenue | $42,750 |
| Investment income | $2,111 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,943,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $185,399 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,871,891 |
| Pension plan accruals and contributions | $51,162 |
| Other employee benefits | $414,817 |
| Payroll taxes | $154,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,329 |
| Fees for services: Accounting | $10,404 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $186,626 |
| Advertising and promotion | $181,345 |
| Office expenses | $13,811 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $146,970 |
| Travel | $43,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,970 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,389 |
| Insurance | $35,735 |
| All other expenses | $18,284 |
| Total functional expenses | $4,289,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,645,907 |
| Savings and temporary cash investments | $166,079 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $148,694 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $104,603 |
| Net Land, buildings, and equipment | $212,029 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,277,312 |
| Accounts payable and accrued expenses | $118,877 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $118,877 |
| Net assets without donor restrictions | $3,158,435 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,277,312 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Middle Georgia Electric Membership Corporation Vienna, GA | $60,693,839 | $19,174,900 |
Davidson Water Inc Welcome, NC | $156,115,966 | $18,462,382 |
Upson Electric Membership Corporation Thomaston, GA | $38,150,316 | $15,452,555 |
St Johns Water Company Inc Johns Island, SC | $62,033,929 | $16,064,888 |
Electric Cooperatives Of South Carolina Cayce, SC | $5,304,727 | $13,048,925 |
Blue Ridge Rural Water Company Inc Greer, SC | $33,266,224 | $12,364,390 |
Little River Water & Sewerage Co Inc Little River, SC | $83,724,429 | $7,728,699 |
Chesterfield County Rural Water Co Inc Chesterfield, SC | $24,541,515 | $7,004,107 |
West Carteret Water Corporation Inc Newport, NC | $30,167,915 | $5,934,508 |
Breezy Hill Water And Sewer Company Inc Graniteville, SC | $43,702,618 | $8,004,878 |
Palmetto Utility Protection Service Inc Columbia, SC | $3,277,312 | $4,943,974 |
Community Water Company Of Green Valley Sanford, NC | $28,882,006 | $4,770,586 |