St Johns River Utility Inc
- Assets
- $13.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 8
- Location
- Astor, FL
- Founding
- 07/1978
- Data as of
- 12/2021
- EIN
- 59-1412008
Organization Overview
St Johns River Utility Inc is located in Astor, FL. The organization was established in 1978. 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, St Johns River Utility Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Johns River Utility Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, St Johns River Utility Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 1.7% 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
NON-PROFIT WATER AND SEWER SERICE ASSOCATION 501(C)(12). PROVIDE WATER AND SEWER SERVICES TO MEMBERS OF THE ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDER OF WATER & SEWER SERVICES FOR MEMBERS LOCATED IN THE RURAL ASTOR-ASTOR PARK AREA OF LAKE AND VOLUSIA COUNTIES OF FLORIDA. AN APPORXIMATELY COMBINED 1,600 MEMBERS WERE PROVIDED WATER AND SEWER SERVICES DURING THE CALENDAR YEAR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnny Hutchinson Vice President | OfficerTrustee | 2 | $0 |
Stephen Plummer President | OfficerTrustee | 2 | $0 |
Kathleen Trappe Director (retired 04/2021)(pres 06/2020) | OfficerTrustee | 2 | $0 |
Kim Blair Secretary/treasurer | OfficerTrustee | 2 | $0 |
Richard Taylor Director | Trustee | 2 | $0 |
Walter Buckley Director (beginning 09/2021) | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $120,976 |
| Investment income | $3,178 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,800 |
| 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 | $1,399,724 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,528,678 |
| 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. | $2,650 |
| Compensation of current officers, directors, key employees. | $2,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $448,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $144,816 |
| Payroll taxes | $34,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,500 |
| Fees for services: Accounting | $12,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,275 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,826 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $185,437 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $569,072 |
| Insurance | $26,877 |
| All other expenses | $0 |
| Total functional expenses | $1,765,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $540,813 |
| Savings and temporary cash investments | $1,029,473 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $115,633 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $74,094 |
| Prepaid expenses and deferred charges | $9,647 |
| Net Land, buildings, and equipment | $11,713,880 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,483,540 |
| Accounts payable and accrued expenses | $135,935 |
| Grants payable | $0 |
| Deferred revenue | $15,333 |
| 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 | $4,036,495 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,187,763 |
| Net assets without donor restrictions | $2,343,348 |
| Net assets with donor restrictions | $6,952,429 |
| 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 | $13,483,540 |
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|---|---|---|
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Tombigbee Electric Cooperative Inc Hamilton, AL | $70,534,555 | $17,768,087 |
Upson Electric Membership Corporation Thomaston, GA | $38,150,316 | $15,452,555 |
Marshall-Dekalb Electric Cooperative Boaz, AL | $96,065,726 | $18,545,582 |
Destin Water Users Inc Destin, FL | $116,857,681 | $20,467,236 |
Holley Navarre Water System Navarre, FL | $73,632,093 | $12,282,279 |
Pace Water Systems Inc Pace, FL | $100,740,740 | $12,498,088 |
South Walton Utility Company Inc Miramar Beach, FL | $77,529,965 | $12,379,659 |
Franklin Electric Cooperative Russellville, AL | $55,032,541 | $9,493,610 |
Island Water Association Inc Sanibel, FL | $37,970,400 | $8,170,096 |
Gasparilla Island Water Assoc Inc Boca Grande, FL | $40,821,701 | $6,839,429 |
Auburn Water System Inc Crestview, FL | $22,363,702 | $6,295,559 |