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Filing year 2023

Panacea Area Water System Inc

Panacea, Florida·EIN 23-7050589·501(c)(12)
Total revenue
$550k
Total assets
$3.3M
Total expenses
$665k
Reported officers
5
Mission

Operate local member owned rural water system located in Panacea,Florida.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Director
Board Member
10th to 25th percentile
$4k
$4k
President
Below 10th percentile
$4k
$4k
Vice President
10th to 25th percentile
$4k
$4k
Treasurer
Below 10th percentile
$4k
$4k
Secretary
Secretary (Operational)
10th to 25th percentile
$4k
$4k

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

Board Member pay rose 20% from 2022 to 2023, while revenue rose 1%.

$3k in 2022 to $4k in 2023.
  • Chief Financial Officer pay held roughly steady from 2022 to 2023.
  • Vice President pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

Panacea Area Water System Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$543k
$644k
2022
$550k
$665k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Panacea Area Water System Inc

What does the Board Member of Panacea Area Water System Inc earn?

In 2023, the Board Member of Panacea Area Water System Inc received $3,600 in total compensation. This pay is in the bottom quarter for Board Member roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Panacea Area Water System Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at Panacea Area Water System Inc falls between the 10th and 25th percentiles.

What are Panacea Area Water System Inc's revenue and expenses?

In 2023, Panacea Area Water System Inc reported $550k in total revenue and $665k in total expenses on its IRS Form 990.

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