Civic Intelligence

Midway Water Systeminc

990 • Fiscal year 2024 • EIN 59-1532752

Oct 01, 2023 to Sep 30, 2024 • Filed on Mar 05, 2025

Organization ProfileMIDWAYWATER.COM

View Organization Page

4971 Gulf Breeze ParkwayGulf Breeze, FL 32561

(850) 932-5188

Siviq Scores

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

Liabilities / Assets

16th percentile

0.06x

Higher debt load relative to assets than 16% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.31x

Higher debt load relative to revenue than 19% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2024

Net Margin

73rd percentile

22%

Higher net margin than 73% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

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

2024 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2024

Asset Growth

75th percentile

9.5%

Faster asset growth than 75% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-0.7%

Faster revenue growth than 25% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$22,738,911

Up $1,975,878 (+9.5%) from 2023

Net Assets

Up

$21,346,674

Up $2,041,198 (+11%) from 2023

Liabilities

Down

$1,392,237

Down $65,320 (-4.5%) from 2023

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin73rd percentile

Revenue

Down

$4,484,187

Down $31,244 (-0.7%) from 2023

Expenses

Up

$3,511,692

Up $259,757 (+8.0%) from 2023

Net Income

Down

$972,495

Down $291,001 (-23%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$30M$20M$10M$0Assets 2011: $14,009,950Liabilities 2011: $4,369,363Net Assets 2011: $9,640,5872011Assets 2012: $12,600,616Liabilities 2012: $4,021,794Net Assets 2012: $8,578,8222012Assets 2013: $12,965,050Liabilities 2013: $3,856,232Net Assets 2013: $9,108,8182013Assets 2014: $13,026,804Liabilities 2014: $3,464,570Net Assets 2014: $9,562,2342014Assets 2015: $13,109,869Liabilities 2015: $3,178,231Net Assets 2015: $9,931,6382015Assets 2016: $13,397,464Liabilities 2016: $2,845,111Net Assets 2016: $10,552,3532016Assets 2017: $13,503,459Liabilities 2017: $2,524,791Net Assets 2017: $10,978,6682017Assets 2018: $13,975,129Liabilities 2018: $2,196,048Net Assets 2018: $11,779,0812018Assets 2019: $14,877,971Liabilities 2019: $2,053,387Net Assets 2019: $12,824,5842019Assets 2020: $16,714,962Liabilities 2020: $1,876,877Net Assets 2020: $14,838,0852020Assets 2021: $18,868,842Liabilities 2021: $1,737,569Net Assets 2021: $17,131,2732021Assets 2022: $19,707,568Liabilities 2022: $1,801,370Net Assets 2022: $17,906,1982022Assets 2023: $20,763,033Liabilities 2023: $1,457,557Net Assets 2023: $19,305,4762023Assets 2024: $22,738,911Liabilities 2024: $1,392,237Net Assets 2024: $21,346,6742024

Highlighted filing

2024

Assets$22,738,911
Liabilities$1,392,237
Net Assets$21,346,674
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2011: $1,921,5582011Expenses 2012: $1,939,9782012Expenses 2013: $2,069,3772013Revenue 2014: $2,722,429Expenses 2014: $2,227,103Net Income 2014: $495,3262014Revenue 2015: $2,836,065Expenses 2015: $2,366,626Net Income 2015: $469,4392015Revenue 2016: $2,830,741Expenses 2016: $2,466,186Net Income 2016: $364,5552016Revenue 2017: $2,997,006Expenses 2017: $2,743,186Net Income 2017: $253,8202017Revenue 2018: $3,242,123Expenses 2018: $2,632,972Net Income 2018: $609,1512018Revenue 2019: $3,402,770Expenses 2019: $2,642,251Net Income 2019: $760,5192019Revenue 2020: $4,124,762Expenses 2020: $2,883,721Net Income 2020: $1,241,0412020Revenue 2021: $4,356,576Expenses 2021: $2,962,779Net Income 2021: $1,393,7972021Revenue 2022: $4,197,002Expenses 2022: $3,227,370Net Income 2022: $969,6322022Revenue 2023: $4,515,431Expenses 2023: $3,251,935Net Income 2023: $1,263,4962023Revenue 2024: $4,484,187Expenses 2024: $3,511,692Net Income 2024: $972,4952024

Highlighted filing

2024

Revenue$4,484,187
Expenses$3,511,692
Net Income$972,495
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Mar 5, 2025
Return Version
2023v6.0
Gross Receipts
$4,484,187
Mission and Program Overview

Mission

To operate and maintain the local community's water service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$19,196,776$20,547,601▲ $1,350,825
Land, Buildings, and Equipment, Net$11,400,332$12,242,352▲ $842,020
Savings and Temporary Cash Investments$6,323,066$6,848,976▲ $525,910
Investments in Publicly Traded Securities$1,892,091$2,284,662▲ $392,571
Cap Stk Tr Prin Current Funds$108,700$799,073▲ $690,373
Inventories for Sale or Use$244,625$553,180▲ $308,555
Accounts Receivable$337,917$371,259▲ $33,342
Prepaid Expenses and Deferred Charges$88,338$88,466▲ $128
Total Assets$20,763,033$22,738,911▲ $1,975,878
Other Assets Total$476,664$350,016▼ $126,648
Liabilities
Other Liabilities$1,320,019$1,152,645▼ $167,374
Accounts Payable and Accrued Expenses$109,416$210,646▲ $101,230
Deferred Revenue$28,122$28,946▲ $824
Total Liabilities$1,457,557$1,392,237▼ $65,320
Net Assets / Fund Balance
Total Net Assets Fund Balance$19,305,476$21,346,674▲ $2,041,198
Total Liabilities and Net Assets / Fund Balance$20,763,033$22,738,911▲ $1,975,878

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,880,105$10,484,618$19,364,723
Buildings$1,979,018-$1,979,018
Other Land Buildings$1,189,902-$1,189,902
Land$193,327-$193,327
Compensation and Service Providers
Top Officer Pay31st percentile

Board Members and Trustees

NameTitle
John GrantPresident
Alfred PicardiDirector
Dana TimmonsDirector
Erika NordDirector
Bill LeeSecretary
Paul WomackTreasurer
Al Garza JrVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,281,228
Investment Income
$202,959
Other Revenue
$0
Change in Net Assets
$972,495

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,484,187
Total Revenue per Audited Statements
$4,484,187
Total Revenue per Form 990
$4,484,187
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,971,594
Salaries, Compensation, and Employee Benefits$1,540,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$1,389,949
Other Salaries and Wages---$1,025,315
Other Employee Benefits---$389,334
Depreciation Depletion---$306,479
Insurance---$159,702
Payroll Taxes---$77,244
Pension Plan Contributions---$48,205
Travel---$42,239
Fees for Services Accounting---$34,198
Interest---$21,409
Office Expenses---$17,618
Total Functional Expenses$0$0$0$3,511,692

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,511,692
Total Expenses per Audited Statements$3,511,692
Total Expenses per Form 990$3,511,692
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Florida State Revolving Fund$695,823
Member Deposits$408,765
Other Current Liabilities$48,057
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 35% controlled entity
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Members elect board of directors annually”

Form 990, Page 6, Part VI, Line 11B

“Accountant reviews with general manager, office manager, and treasurer. Treasurer presents to board.”

Form 990, Page 6, Part VI, Line 12C

“Board reviews all actual and potential conflicts. Board approval needed for any transaction that may be a conflict.”

Form 990, Page 6, Part VI, Line 15A

“Board reviews and approves salary for general manager.”

Form 990, Page 6, Part VI, Line 15B

“General manager recommends pay rates for all other employees. Those recommendations subject to board approval.”

Form 990, Page 6, Part VI, Line 19

“Available at midway office upon request”

Filing and Contact Details

Filer

Filer Name
Midway Water Systeminc
EIN
59-1532752
Phone
8509325188
Address
4971 GULF BREEZE PARKWAY, GULF BREEZE, FL 32561
Doing Business As
Midway Water Systeminc

Signing Officer

Name
Brenda Agricola
Title
General Manager
Phone
8509325188
Signed
2025-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Grant
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
20

Preparer

Firm
Dan Spata Pa
Address
4286 WOODBINE RD STE D1, PACE, FL 32571-8696
Preparer
Dan Spata
Phone
8509959909
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Dues and subscriptions 7,989 0 0 fairpoint expenses 567,618 0 0 chemicals 25,027 0 0 postage 65,320 0 0 repairs and maintenance 466,264 0 0 utilities 145,242 0 0 water analysis 27,467 0 0 expendable tools 16,889 0 0 education 7,674 0 0 janitorial 1,735 0 0 telephone 13,477 0 0 water conservation program 2,750 0 0 miscellaneous expense 11,092 0 0 bank charges 16,942 0 0 investment fees 14,463 0 0 total 1,389,949 0 0”

Form 990, Part XI, Line 9

“Increase in membership fees 690,373 increase in contributions in aid 71,517 net decrease contributions in aid of construction 0 unrealized loss 0 total 761,890”

Raw XML Appendix336 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0109416
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0210646
IRS990/AccountsReceivableGrp/BOYAmt0337917
IRS990/AccountsReceivableGrp/EOYAmt0371259
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE AND MAINTAIN THE LOCAL COMMUNITY'S WATER SERVICE.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0BRENDA AGRICOLA
IRS990/BooksInCareOfDetail/PhoneNum08509325188
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04971 GULF BREEZE PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0GULF BREEZE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032561
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0108700
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0799073
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0202959
IRS990/CYOtherExpensesAmt01971594
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04281228
IRS990/CYRevenuesLessExpensesAmt0972495
IRS990/CYSalariesCompEmpBnftPaidAmt01540098
IRS990/CYTotalExpensesAmt03511692
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04484187
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt028122
IRS990/DeferredRevenueGrp/EOYAmt028946
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0306479
IRS990/Desc0OPERATING AND MAINTAINING THE MIDWAY WATER SYSTEM FOR THE LOCAL COMMUNITY'S WATER SERVICE.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0MIDWAY WATER SYSTEMINC
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt020
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt034198
IRS990/FeesForServicesOtherGrp/TotalAmt01389949
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm1AL GARZA JR
IRS990/Form990PartVIISectionAGrp/PersonNm2BILL LEE
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIKA NORD
IRS990/Form990PartVIISectionAGrp/PersonNm4ALFRED PICARDI
IRS990/Form990PartVIISectionAGrp/PersonNm5DANA TIMMONS
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL WOMACK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-15131
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0-15131
IRS990/GrossReceiptsAmt04484187
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt0159702
IRS990/InterestGrp/TotalAmt021409
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0244625
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0553180
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0218090
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0218090
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01892091
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02284662
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010484618
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011400332
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012242352
IRS990/LandBldgEquipCostOrOtherBssAmt022726970
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE AND MAINTAIN THE LOCAL COMMUNITY'S WATER SERVICE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt019305476
IRS990/NetAssetsOrFundBalancesEOYAmt021346674
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-15131
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-15131
IRS990/NetUnrlzdGainsLossesInvstAmt0306813
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt017618
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0476664
IRS990/OtherAssetsTotalGrp/EOYAmt0350016
IRS990/OtherChangesInNetAssetsAmt0761890
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0389334
IRS990/OtherLiabilitiesGrp/BOYAmt01320019
IRS990/OtherLiabilitiesGrp/EOYAmt01152645
IRS990/OtherSalariesAndWagesGrp/TotalAmt01025315
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt077244
IRS990/PensionPlanContributionsGrp/TotalAmt048205
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt088338
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt088466
IRS990/PrincipalOfficerNm0JOHN GRANT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2LATE FEES
IRS990/ProgramServiceRevenueGrp/Desc3WATER TOWER LEASE
IRS990/ProgramServiceRevenueGrp/Desc4CONNECTION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03973450
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1102368
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt275817
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt360962
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt452750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03973450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1102368
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt275817
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt360962
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt452750
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0182595
IRS990/PYOtherExpensesAmt01885850
IRS990/PYProgramServiceRevenueAmt04332836
IRS990/PYRevenuesLessExpensesAmt01263496
IRS990/PYSalariesCompEmpBnftPaidAmt01366085
IRS990/PYTotalExpensesAmt03251935
IRS990/PYTotalRevenueAmt04515431
IRS990/ReconcilationRevenueExpnssAmt0972495
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt019196776
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt020547601
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06323066
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06848976
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01979018
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01979018
IRS990ScheduleD/EquipmentGrp/BookValueAmt08880105
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010484618
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019364723
IRS990ScheduleD/ExpensesSubtotalAmt03511692
IRS990ScheduleD/LandGrp/BookValueAmt0193327
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0193327
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01189902
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01189902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0695823
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1408765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt248057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FLORIDA STATE REVOLVING FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER CURRENT LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt04484187
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012242352
IRS990ScheduleD/TotalExpensesPerForm990Amt03511692
IRS990ScheduleD/TotalLiabilityAmt01152645
IRS990ScheduleD/TotalRevenuePerForm990Amt04484187
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04484187
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03511692
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ELECT BOARD OF DIRECTORS ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTANT REVIEWS WITH GENERAL MANAGER, OFFICE MANAGER, AND TREASURER. TREASURER PRESENTS TO BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS ALL ACTUAL AND POTENTIAL CONFLICTS. BOARD APPROVAL NEEDED FOR ANY TRANSACTION THAT MAY BE A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD REVIEWS AND APPROVES SALARY FOR GENERAL MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GENERAL MANAGER RECOMMENDS PAY RATES FOR ALL OTHER EMPLOYEES. THOSE RECOMMENDATIONS SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE AT MIDWAY OFFICE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DUES AND SUBSCRIPTIONS 7,989 0 0 FAIRPOINT EXPENSES 567,618 0 0 CHEMICALS 25,027 0 0 POSTAGE 65,320 0 0 REPAIRS AND MAINTENANCE 466,264 0 0 UTILITIES 145,242 0 0 WATER ANALYSIS 27,467 0 0 EXPENDABLE TOOLS 16,889 0 0 EDUCATION 7,674 0 0 JANITORIAL 1,735 0 0 TELEPHONE 13,477 0 0 WATER CONSERVATION PROGRAM 2,750 0 0 MISCELLANEOUS EXPENSE 11,092 0 0 BANK CHARGES 16,942 0 0 INVESTMENT FEES 14,463 0 0 TOTAL 1,389,949 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INCREASE IN MEMBERSHIP FEES 690,373 INCREASE IN CONTRIBUTIONS IN AID 71,517 NET DECREASE CONTRIBUTIONS IN AID OF CONSTRUCTION 0 UNREALIZED LOSS 0 TOTAL 761,890
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt020763033
IRS990/TotalAssetsEOYAmt022738911
IRS990/TotalAssetsGrp/BOYAmt020763033
IRS990/TotalAssetsGrp/EOYAmt022738911
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03511692
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01457557
IRS990/TotalLiabilitiesEOYAmt01392237
IRS990/TotalLiabilitiesGrp/BOYAmt01457557
IRS990/TotalLiabilitiesGrp/EOYAmt01392237
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt019305476
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt021346674
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt015881
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt015881
IRS990/TotalProgramServiceRevenueAmt04281228
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04484187
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04484187
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020763033
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022738911
IRS990/TravelGrp/TotalAmt042239
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0MIDWAYWATER.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA AGRICOLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08509325188
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWAY WATER SYSTEMINC
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0591532752
ReturnHeader/Filer/PhoneNum08509325188
ReturnHeader/Filer/USAddress/AddressLine1Txt04971 GULF BREEZE PARKWAY
ReturnHeader/Filer/USAddress/CityNm0GULF BREEZE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032561
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593098304
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAN SPATA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04286 WOODBINE RD STE D1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0325718696
ReturnHeader/PreparerPersonGrp/PhoneNum08509959909
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAN SPATA
ReturnHeader/ReturnTs02025-03-11T16:45:40-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,738,911
Liabilities
$1,392,237
Net assets
$21,346,674
Revenue
$4,484,187
Expenses
$3,511,692
Net income
$972,495
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.7$1.39$21.3$4.48$3.51$0.97
2023Summary only. Only limited summary data is available for this year.$20.8$1.46$19.3$4.52$3.25$1.26
2022Summary only. Only limited summary data is available for this year.$19.7$1.80$17.9$4.20$3.23$0.97
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$1.74$17.1$4.36$2.96$1.39
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$1.88$14.8$4.12$2.88$1.24
2019Summary only. Only limited summary data is available for this year.$14.9$2.05$12.8$3.40$2.64$0.76
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$2.20$11.8$3.24$2.63$0.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$2.52$11.0$3.00$2.74$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$2.85$10.6$2.83$2.47$0.36
2015Detailed filing. Detailed filing data is available for this year.$13.1$3.18$9.93$2.84$2.37$0.47
2014Detailed filing. Detailed filing data is available for this year.$13.0$3.46$9.56$2.72$2.23$0.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$3.86$9.11$2.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$4.02$8.58$1.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$4.37$9.64$1.92