Mission
TO PROVIDE WATER SERVICE TO THE COMMUNITY OF BELFOREST IN BALDWIN COUNTY, ALABAMA
Executive compensation, broken down
Form 990 · Schedule J · 7 reported individuals · Filing year 2024
Mcmillan
highest compensated employee
$168k
$179k
- Base
- $159k
- Bonus
- —
- Other
- —
- Benefits
- $10k
Lauderdale
highest compensated employee
$139k
$148k
President
$4k
$4k
Secretary
officer (unspecified)
$3k
$3k
Member
board member
$2k
$3k
Vice President
vice president
$2k
$2k
Member
board member
$2k
$2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Mcmillan highest compensated employee | $159k | — | — | $10k | $168k $179k |
Lauderdale highest compensated employee | — | — | — | — | $139k $148k |
President | — | — | — | — | $4k $4k |
Secretary officer (unspecified) | — | — | — | — | $3k $3k |
Member board member | — | — | — | — | $2k $3k |
Vice President vice president | — | — | — | — | $2k $2k |
Member board member | — | — | — | — | $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.
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.
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