Nonprofit · EIN 59-1098296
PACE WATER SYSTEMS INC
Tax-exempt · PACE, FL 32571
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $21,077,616 | $12,947,418 | $8,130,198 | $163,368,950 | $5,904,113 | $157,464,837 |
| December 31, 2024 | 990 | $18,136,156 | $11,435,344 | $6,700,812 | $145,459,162 | $5,424,323 | $140,034,839 |
| December 31, 2023 | 990 | $17,321,635 | $9,142,048 | $8,179,587 | $131,811,127 | $5,966,411 | $125,844,716 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $941,450
- of which government grants
- $941,450
- Program service revenue
- $19,807,299
- Investment income
- $295,818
- Net gain from sales of assets
- $125,161
- Other revenue
- $33,049
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $295,314
- Other salaries and wages
- $4,589,844
- Salaries, compensation and benefits (total)
- $6,267,583
- Professional fundraising fees
- $0
- Legal fees
- $83,533
- Travel
- $60,062
- Depreciation
- $372,806
Balance sheet and other
- Total assets, start of year
- $145,459,162
- Total assets, end of year
- $163,368,950
- Total liabilities, end of year
- $5,904,113
- Net assets, end of year
- $157,464,837
- Land, buildings and equipment
- $92,852,415
- Gross receipts
- $21,077,616
- Employees
- 79
- Year formed
- 1964
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAMON BOUTWELL | GENERAL MANA Officer | 40 | $180,295 |
| DOUG DANGELO | CONTROLLER Officer | 40 | $115,019 |
| BILL CARNEY | PRESIDENT Trustee or director, Officer | – | $0 |
| JIM GRACE | DIRECTOR Trustee or director | – | $0 |
| PAUL HINSON | SECRETARY Trustee or director, Officer | – | $0 |
| DAVID LOISELLE JR | DIRECTOR Trustee or director | – | $0 |
| CRAWFORD ODOM | VICE PRESIDE Trustee or director, Officer | – | $0 |
| DANNY WARRICK | TREASURER Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAMON BOUTWELL | GENERAL MANA Officer | 40 | $169,160 | $2,400 |
| DOUG DANGELO | CONTROLLER Officer | 40 | $106,361 | $2,400 |
| BILL CARNEY | VICE PRESIDE Trustee or director, Officer | – | $0 | $0 |
| HOWARD HARRIS | DIRECTOR Trustee or director | – | $0 | $0 |
| PAUL HINSON | PRESIDENT Trustee or director, Officer | – | $0 | $0 |
| MARY HOWELL | SECRETARY Trustee or director | – | $0 | $0 |
| CRAWFORD ODOM | DIRECTOR Trustee or director | – | $0 | $0 |
| DANNY WARRICK | TREASURER Trustee or director, Officer | – | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAMON BOUTWELL | GENERAL MANA Officer | 40 | $168,211 |
| DOUG DANGELO | CONTROLLER Officer | 40 | $102,977 |
| BILL CARNEY | VICE PRESIDE Trustee or director, Officer | – | $0 |
| HOWARD HARRIS | DIRECTOR Trustee or director | – | $0 |
| PAUL HINSON | PRESIDENT Trustee or director, Officer | – | $0 |
| MARY HOWELL | SECRETARY Trustee or director | – | $0 |
| CRAWFORD ODOM | DIRECTOR Trustee or director | – | $0 |
| DANNY WARRICK | TREASURER Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 4401 WOODBINE RD, PACE, FL 32571-8758
- Principal officer (990 for 2025)
- DAMON BOUTWELL, 4401 WOODBINE RD, PACE, FL 32571
- Signed the 990
- DAMON BOUTWELL, GENERAL MANAGER
- Phone
- (850) 994-5129
- Website
- WWW.PACEWATER.ORG
- Return prepared by
- DURST JORDAN CPA PA
Mission
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.
Program accomplishments
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-1098296
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $163,368,950
- Income (IRS master file)
- $21,077,616
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $21,077,616 | $12,947,418 | $163,368,950 | XML |
| 990 | December 2024 | $18,136,156 | $11,435,344 | $145,459,162 | XML |
| 990 | December 2023 | $17,321,635 | $9,142,048 | $131,811,127 | XML |
| 990 | December 2022 | $14,421,848 | $8,012,578 | $113,717,258 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1098296).
Questions about PACE WATER SYSTEMS INC
- What is the EIN of PACE WATER SYSTEMS INC?
- The employer identification number (EIN) of PACE WATER SYSTEMS INC is 59-1098296.
- Is PACE WATER SYSTEMS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1969.
- Are donations to PACE WATER SYSTEMS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PACE WATER SYSTEMS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PACE WATER SYSTEMS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PACE WATER SYSTEMS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PACE WATER SYSTEMS INC?
- The 990 for the year ended December 31, 2025 names DAMON BOUTWELL.
- Who are the officers and directors of PACE WATER SYSTEMS INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 2 received compensation from the organization, the highest $180,295 (DAMON BOUTWELL, GENERAL MANA).
- How much revenue does PACE WATER SYSTEMS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $21,077,616, expenses of $12,947,418 and total assets of $163,368,950 at year end.
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