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Filing year 2024

BELFOREST WATER SYSTEM INC

Daphne, Alabama·EIN 63-0649171·501(c)(12)
Total revenue
$5.1M
Total assets
$30.4M
Total expenses
$3.4M
Reported officers
7
Mission

TO PROVIDE WATER SERVICE TO THE COMMUNITY OF BELFOREST IN BALDWIN COUNTY, ALABAMA

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Mcmillan
Highest Compensated Employee
Median to 75th percentile
$168k
$179k
Base
$159k
Bonus
Other
Benefits
$10k
Lauderdale
Highest Compensated Employee
25th percentile to median
$139k
$148k
President
Below 10th percentile
$4k
$4k
Secretary
Officer (Unspecified)
$3k
$3k
Member
Board Member
10th to 25th percentile
$2k
$3k
Vice President
10th to 25th percentile
$2k
$2k
Member
Board Member
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 25%.

$4k in 2023 to $4k in 2024.
  • Board Member pay held roughly steady from 2023 to 2024.
  • Vice President pay fell 25% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

BELFOREST WATER SYSTEM INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.1M
$2.3M
2023
$5.1M
$3.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BELFOREST WATER SYSTEM INC

What does the Highest Compensated Employee of BELFOREST WATER SYSTEM INC earn?

In 2024, the Highest Compensated Employee of BELFOREST WATER SYSTEM INC received $168,493 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at BELFOREST WATER SYSTEM INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at BELFOREST WATER SYSTEM INC falls between the median and the 75th percentile.

What are BELFOREST WATER SYSTEM INC's revenue and expenses?

In 2024, BELFOREST WATER SYSTEM INC reported $5.1M in total revenue and $3.4M in total expenses on its IRS Form 990.

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