Civic Intelligence

Pace Water System Inc

990 • Fiscal year 2015 • EIN 59-1098296

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 23, 2016

Organization ProfileWWW.PACEWATER.ORG
PO Box 2407Pace, FL 32571-1001

(850) 994-5129

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

1st percentile

0.03x

Higher debt load relative to assets than 1% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

3rd percentile

0.28x

Higher debt load relative to revenue than 3% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Net Margin

98th percentile

29%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

2nd percentile

$0

Higher top officer pay than 2% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Asset Growth

66th percentile

4.5%

Faster asset growth than 66% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

95th percentile

7.3%

Faster revenue growth than 95% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$54,625,374

Up $2,341,230 (+4.5%) from 2014

Net Assets

Up

$53,169,525

Up $2,240,786 (+4.4%) from 2014

Liabilities

Up

$1,455,849

Up $100,444 (+7.4%) from 2014

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin98th percentile

Revenue

Up

$5,241,703

Up $358,341 (+7.3%) from 2014

Expenses

Up

$3,713,314

Up $132,937 (+3.7%) from 2014

Net Income

Up

$1,528,389

Up $225,404 (+17%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $47,090,097Liabilities 2010: $1,134,156Net Assets 2010: $45,955,9412010Assets 2011: $48,274,164Liabilities 2011: $1,167,569Net Assets 2011: $47,106,5952011Assets 2012: $49,404,173Liabilities 2012: $1,299,009Net Assets 2012: $48,105,1642012Assets 2013: $51,296,842Liabilities 2013: $1,682,772Net Assets 2013: $49,614,0702013Assets 2014: $52,284,144Liabilities 2014: $1,355,405Net Assets 2014: $50,928,7392014Assets 2015: $54,625,374Liabilities 2015: $1,455,849Net Assets 2015: $53,169,5252015Assets 2016: $56,728,586Liabilities 2016: $1,563,732Net Assets 2016: $55,164,8542016Assets 2017: $58,503,463Liabilities 2017: $1,683,896Net Assets 2017: $56,819,5672017Assets 2018: $60,152,345Liabilities 2018: $1,870,688Net Assets 2018: $58,281,6572018Assets 2019: $62,728,324Liabilities 2019: $1,994,102Net Assets 2019: $60,734,2222019Assets 2020: $92,808,024Liabilities 2020: $2,209,513Net Assets 2020: $90,598,5112020Assets 2021: $100,740,740Liabilities 2021: $2,872,794Net Assets 2021: $97,867,9462021Assets 2022: $113,717,258Liabilities 2022: $3,169,309Net Assets 2022: $110,547,9492022Assets 2023: $131,811,127Liabilities 2023: $5,966,411Net Assets 2023: $125,844,7162023Assets 2024: $145,459,162Liabilities 2024: $5,424,323Net Assets 2024: $140,034,8392024

Highlighted filing

2015

Assets$54,625,374
Liabilities$1,455,849
Net Assets$53,169,525
Open 2015 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $1,802,3812010Revenue 2011: $4,255,868Expenses 2011: $3,119,778Net Income 2011: $1,136,0902011Expenses 2012: $3,108,8422012Revenue 2013: $4,732,495Expenses 2013: $3,274,462Net Income 2013: $1,458,0332013Revenue 2014: $4,883,362Expenses 2014: $3,580,377Net Income 2014: $1,302,9852014Revenue 2015: $5,241,703Expenses 2015: $3,713,314Net Income 2015: $1,528,3892015Revenue 2016: $5,280,672Expenses 2016: $3,972,041Net Income 2016: $1,308,6312016Revenue 2017: $5,314,629Expenses 2017: $4,162,111Net Income 2017: $1,152,5182017Revenue 2018: $5,505,887Expenses 2018: $4,503,141Net Income 2018: $1,002,7462018Revenue 2019: $5,049,374Expenses 2019: $4,696,386Net Income 2019: $352,9882019Revenue 2020: $12,076,265Expenses 2020: $9,114,608Net Income 2020: $2,961,6572020Revenue 2021: $12,498,088Expenses 2021: $10,206,622Net Income 2021: $2,291,4662021Revenue 2022: $14,421,848Expenses 2022: $8,012,578Net Income 2022: $6,409,2702022Revenue 2023: $17,321,635Expenses 2023: $9,142,048Net Income 2023: $8,179,5872023Revenue 2024: $18,136,156Expenses 2024: $11,435,344Net Income 2024: $6,700,8122024

Highlighted filing

2015

Revenue$5,241,703
Expenses$3,713,314
Net Income$1,528,389
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 23, 2016
Return Version
2015v2.1
Gross Receipts
$6,050,995
Mission and Program Overview

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.

To operate and maintain a water system for the supply and distribution of water within its franchise area granted by santa rosa county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$32,174,375$32,288,488▲ $114,113
Pd in Cap Srpls Land Bldg Eqp Fund$26,152,156$26,863,351▲ $711,195
Rtn Earn Endowment Incm Other Fnds$24,742,010$26,270,399▲ $1,528,389
Cash and Non-Interest-Bearing Accounts$1,950,036$2,518,321▲ $568,285
Savings and Temporary Cash Investments$1,386,714$1,763,732▲ $377,018
Accounts Receivable$996,899$1,162,068▲ $165,169
Investments in Publicly Traded Securities$1,006,324--
Inventories for Sale or Use$459,640$292,953▼ $166,687
Prepaid Expenses and Deferred Charges$80,177$76,168▼ $4,009
Cap Stk Tr Prin Current Funds$34,573$35,775▲ $1,202
Total Assets$52,284,144$54,625,374▲ $2,341,230
Other Assets Total$14,229,979$16,523,644▲ $2,293,665
Liabilities
Escrow Account Liability$1,084,509$1,190,659▲ $106,150
Accounts Payable and Accrued Expenses$270,896$265,190▼ $5,706
Total Liabilities$1,355,405$1,455,849▲ $100,444
Net Assets / Fund Balance
Total Net Assets Fund Balance$50,928,739$53,169,525▲ $2,240,786
Total Liabilities and Net Assets / Fund Balance$52,284,144$54,625,374▲ $2,341,230

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,851,102$11,761,858$42,612,960
Land$1,193,537-$1,193,537
Buildings$206,941$48,863$255,804
Other Land Buildings$36,908$106,150$143,058
Other Assets Org$1,946--
Compensation and Service Providers
Top Officer Pay2nd percentile

Board Members and Trustees

NameTitle
Paul HinsonPresident
Charles ElliotDirector
Danny F WarrickDirector
Sue DyessSecretary
Rodney VaughnTreasurer
William CarneyVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
The Crom CorporateWastewater Reje250 SW 36TH TERRACE, Gainesville, FL 32607$1,462,260
B&w Utilities INCSewer/reclaimatPO BOX 1187, Cantonment, FL 32533$393,011
Consolidated PipeSupplier5935 COMMERCE ROAD, Milton, FL 32583$158,959
Argos Ready MixWastewater RejePO BOX 660367, Dallas, TX 75266$124,143
Action Mailing ServiceWastewater Reje2809 COPTER ROAD, Pensacola, FL 32514$101,974
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,211,767
Investment Income
$29,936
Other Revenue
$0
Change in Net Assets
$1,528,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,955,007
Salaries, Compensation, and Employee Benefits$1,758,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$799,008$232,894-$1,031,902
Depreciation Depletion$746,392$55,628-$802,020
Other Employee Benefits$276,211$112,818-$389,029
All Other Expenses$243,274$42,212-$285,486
Fees for Services Other$136,538$25,769-$162,307
Payroll Taxes$100,184$40,920-$141,104
Insurance$130,216--$130,216
Current Officers, Directors, Trustees, and Key Employees-$101,384-$101,384
Pension Plan Contributions$67,370$27,518-$94,888
Other Expenses$65,986$3,473-$69,459
Information Technology$13,298$13,299-$26,597
Travel-$17,188-$17,188
Office Expenses-$13,659-$13,659
Fees for Services Accounting-$11,500-$11,500
Fees for Services Legal-$8,405-$8,405
Advertising-$8,247-$8,247
Total Functional Expenses$2,985,189$728,125$0$3,713,314
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“MEMBERS”

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 internal revenue service.”

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 approve and review 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 pace water system, inc is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Pace Water System Inc
EIN
59-1098296
Phone
8509945129
Address
PO BOX 2407, PACE, FL 32571-1001

Signing Officer

Name
Damon Boutwell
Title
General Manager
Phone
8509945129
Signed
2016-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Hinson
Formed
1964
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
45

Preparer

Firm
Scott & Associates Pa
Address
801 W GARDEN ST, PENSACOLA, FL 32502-4618
Preparer
Donn G Scott CPA
Phone
8504387582
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Tap fees booked as contributed captial 1,156,704 membership certificates 1,203 amortization of contributions in aid of construct -445,510 total 712,397”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“Customer deposits held in escrow account until account is closed.”

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IRS990/MembersAndShrGrossIncomeAmt05175820
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE AND MAINTAIN A WATER SYSTEM FOR THE SUPPLY AND DISTRIBUTION OF WATER WITHIN ITS FRANCHISE AREA GRANTED BY SANTA ROSA COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt050928739
IRS990/NetAssetsOrFundBalancesEOYAmt053169525
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0334
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt019770
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020104
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013659
IRS990/OfficeExpensesGrp/TotalAmt013659
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014229979
IRS990/OtherAssetsTotalGrp/EOYAmt016523644
IRS990/OtherChangesInNetAssetsAmt0712397
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0112818
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0276211
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0389029
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1FIRE HYDRANT MAINTENACE
IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013211
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13473
IRS990/OtherExpensesGrp/ProgramServicesAmt0251003
IRS990/OtherExpensesGrp/ProgramServicesAmt178988
IRS990/OtherExpensesGrp/ProgramServicesAmt276721
IRS990/OtherExpensesGrp/ProgramServicesAmt365986
IRS990/OtherExpensesGrp/TotalAmt0264214
IRS990/OtherExpensesGrp/TotalAmt178988
IRS990/OtherExpensesGrp/TotalAmt276721
IRS990/OtherExpensesGrp/TotalAmt369459
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0232894
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0799008
IRS990/OtherSalariesAndWagesGrp/TotalAmt01031902
IRS990/OtherSourcesGrossIncomeAmt065882
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040920
IRS990/PayrollTaxesGrp/ProgramServicesAmt0100184
IRS990/PayrollTaxesGrp/TotalAmt0141104
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt026152156
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt026863351
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt027518
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt067370
IRS990/PensionPlanContributionsGrp/TotalAmt094888
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080177
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt076168
IRS990/PrincipalOfficerNm0PAUL HINSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1LATE FEES
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4RECOVERY OF BAD DEBTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04918946
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1134228
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2104436
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt349643
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt44514
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04918946
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1134228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2104436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt349643
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44514
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt011683
IRS990/PYOtherExpensesAmt01822659
IRS990/PYProgramServiceRevenueAmt04871679
IRS990/PYRevenuesLessExpensesAmt01302985
IRS990/PYSalariesCompEmpBnftPaidAmt01757718
IRS990/PYTotalExpensesAmt03580377
IRS990/PYTotalRevenueAmt04883362
IRS990/ReconcilationRevenueExpnssAmt01528389
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05211767
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt024742010
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt026270399
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01386714
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01763732
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0206941
IRS990ScheduleD/BuildingsGrp/DepreciationAmt048863
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0255804
IRS990ScheduleD/EquipmentGrp/BookValueAmt030851102
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011761858
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042612960
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt01193537
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01193537
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt016517721
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13977
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21946
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ADVANCE TO PPFA
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INTEREST RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036908
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0106150
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0143058
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CUSTOMER DEPOSITS HELD IN ESCROW ACCOUNT UNTIL ACCOUNT IS CLOSED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032288488
IRS990ScheduleD/TotalBookValueOtherAssetsAmt016523644
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER HAS VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOOKS ARE AUDITED BY AN INDEPENDENT CPA AND REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO COMPLY WITH THE CONFLICT OF INTEREST POLICY, A PERIODIC REVIEW IS DONE BY THE BOARD OF DIRECTORS AND LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD OF DIRECTORS APPROVE AND REVIEW GENERAL MANAGER'S CONTRACT INCLUDING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND THE FINANCIAL STATEMENTS OF PACE WATER SYSTEM, INC IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TAP FEES BOOKED AS CONTRIBUTED CAPTIAL 1,156,704 MEMBERSHIP CERTIFICATES 1,203 AMORTIZATION OF CONTRIBUTIONS IN AID OF CONSTRUCT -445,510 TOTAL 712,397
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PACE PROPERTY FINANCE AUTHORITY IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521695310
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TAX-EXEMPT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04401 WOODBINE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PACE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd032571
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02298389
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PACE PROPERTY FINANCE AUTHORITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt052284144
IRS990/TotalAssetsEOYAmt054625374
IRS990/TotalAssetsGrp/BOYAmt052284144
IRS990/TotalAssetsGrp/EOYAmt054625374
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt045
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0728125

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,625,374
Liabilities
$1,455,849
Net assets
$53,169,525
Revenue
$5,241,703
Expenses
$3,713,314
Net income
$1,528,389
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$145$5.42$140$18.1$11.4$6.70
2023Detailed filing. Detailed filing data is available for this year.$132$5.97$126$17.3$9.14$8.18
2022Detailed filing. Detailed filing data is available for this year.$114$3.17$111$14.4$8.01$6.41
2021Detailed filing. Detailed filing data is available for this year.$101$2.87$97.9$12.5$10.2$2.29
2020Detailed filing. Detailed filing data is available for this year.$92.8$2.21$90.6$12.1$9.11$2.96
2019Detailed filing. Detailed filing data is available for this year.$62.7$1.99$60.7$5.05$4.70$0.35
2018Summary only. Only limited summary data is available for this year.$60.2$1.87$58.3$5.51$4.50$1.00
2017Detailed filing. Detailed filing data is available for this year.$58.5$1.68$56.8$5.31$4.16$1.15
2016Detailed filing. Detailed filing data is available for this year.$56.7$1.56$55.2$5.28$3.97$1.31
2015Detailed filing. Detailed filing data is available for this year.$54.6$1.46$53.2$5.24$3.71$1.53
2014Detailed filing. Detailed filing data is available for this year.$52.3$1.36$50.9$4.88$3.58$1.30
2013Detailed filing. Detailed filing data is available for this year.$51.3$1.68$49.6$4.73$3.27$1.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.4$1.30$48.1$3.11
2011Summary only. Only limited summary data is available for this year.$48.3$1.17$47.1$4.26$3.12$1.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.1$1.13$46.0$1.80