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Filing year 2024

PALMETTO WATER SYSTEM INC

Tupelo, Mississippi·EIN 64-0535898·4
Total revenue
$1.2M
Total assets
$2.9M
Total expenses
$292k
Reported officers
5
Mission

PROVIDE COMMUNITY WATER TO A SPECIFIED AREA IN LEE AND PONTOTOC COUNTIES, MISSISSIPPI, GRANTED BY THE MISSISSIPPI PUBLIC SERVICE COMMISSION.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Director
board member
$38k
$40k

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.

Plus 4 unpaid individuals.

Held steady
from 2023

From $38k in 2023 to $38k in 2024.

$38k
2023
$38k
2024
In today's dollarsEst.
Down 2% in real terms$41k to $40k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$307k
$287k
2023
$1.2M
$292k
2024
Total revenue and total expenses from IRS Form 990 filings.
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