GREATER PINE ISLAND WATER ASSOCIATION INCORPORATED

EIN: 591115303

BOKEELIA, FL

Total Revenue
$4,530,517
Total Expenses
$4,704,194
Total Assets
$21,698,530
Net Assets
$21,201,888
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
FL
Principal Officer
JOHN CAMMICK
Phone
2392831071
Tax Period
2024-01-01 to 2024-12-31

GREATER PINE ISLAND WATER ASSOCIATION INCORPORATED, founded in 1964, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $21.2M represent 56 months of operating reserves.

Mission

TO CONSTRUCT, MAINTAIN, AND OPERATE A WATER SUSTEM FOR THE SUPPLYING OF WATER FOR DOMESTIC, COMMERCIAL, AGRICULTURAL, INDUSTRIAL, AND OTHER PURPOSES TO ITS MEMBERS AND TO ENGAGE IN ANY ACTIVITY RELATED THERETO, INCLUDING BUT NOT LIMITED TO THE ACQUISITION OF WATER BY APPROPRIATION, DRILLING, PUMPING, AND/OR PURCHASE, AND THE PURCHASE, LAYING, INSTITUTION, OPERATION, MAINTENANCE AND REPAIR OF WELLS, PUMPING EQUIPMENT, WATER MAINS, PIPELINES, VALVES, METERS, AND ALL OTHER EQUIPMENT NECESSARY TO THE CONSTRUCTION, MAINTENANCE, AND OPERATION OF A WATER SYSTEM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,243,628
Investment Income $167,315
Other Revenue $119,574
TOTAL REVENUE $4,530,517

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,180,572
Fundraising Expenses $0
Other Expenses $2,523,622
TOTAL EXPENSES $4,704,194

Year-over-Year Comparison

2024 2023 Change
Revenue $4,530,517 $4,957,197 -0.1%
Expenses $4,704,194 $4,506,129 +0.0%
Net Income $-173,677 $451,068 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
22
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$202,976
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN CAMMICK PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL DEILE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PAUL ROSE TREASURER 1.00
Officer Director
$0 $0 $0
FRANK POTTER SECRETARY 1.00
Officer Director
$0 $0 $0
TOM FERGUSON DIRECTOR 1.00
Director
$0 $0 $0
DENNIS DEKKER DIRECTOR 1.00
Director
$0 $0 $0
MIKE DREIKORN DIRECTOR 1.00
Director
$0 $0 $0
ILA VALCARCEL DIRECTOR 1.00
Director
$0 $0 $0
PAUL BROWN DIRECTOR 1.00
Director
$0 $0 $0
MIKES MAILLAKAKIS GENERAL MANAGER 40.00
Officer
$168,505 $34,471 $202,976
CHRIS GEORGE DEPUTY GENERAL MANAGER 40.00
Highest
$120,660 $17,668 $138,328
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,530,517 $4,704,194 $21,698,530 $-173,677
2023 $4,957,197 $4,506,129 $21,608,518 $451,068
2022 $3,230,155 $4,645,868 $21,378,041 $-1,415,713
2021 $4,257,303 $3,637,391 $22,001,864 $619,912
2020 $4,148,657 $3,377,010 $20,776,293 $771,647
2019 $4,193,491 $3,466,358 $19,920,680 $727,133
2018 $3,994,377 $3,436,279 $18,846,484 $558,098
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