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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Inlet Beach Water System Inc

Inlet Beach Water System Inc

Fiscal year ending 2022. Filed on February 17, 2023.

95 N Wall St
Panama City Beach, Florida 32461

Inlet Beach Water System Inc (EIN: 59-1222680) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2022 IRS Form 990 filing, Inlet Beach Water System Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 3 employees. Among the employees shown here, the average compensation is $3,269. The highest compensated employee at Inlet Beach Water System Inc is Ed Lowe with fiscal year 2022 compensation of $3,269.

Revenue, expenses, and employee compensation

Revenue

$1,963,066

Expenses

$1,436,346

Employee compensation

$87,727
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ed Lowe
General Manager
$3,269
$3,269 No related compNo other comp
Jim Kelly
President
$0
Darrell McNeal
Secretary and Treasurer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Mark Whitlow
Member
Ray Fambrough
Member
Steadman Shealy Jr
Member

Contractors

Donald Smith Company Inc
Well Drilling
$234,384

Mission Statement

Provide water & sewer service to rural households

Revisions to this organization profile

May 6, 2025:
2024 Inlet Beach Water System Inc 990 filed
November 13, 2023:
2023 Inlet Beach Water System Inc 990 filed
February 17, 2023:
2022 Inlet Beach Water System Inc 990 filed

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