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Filing year 2024

SOUTH WALTON UTILITY COMPANY INC

Miramar Beach, Florida·EIN 59-1673712·12
Total revenue
$17.7M
Total assets
$86.2M
Total expenses
$12.3M
Reported officers
12
Mission

FROM WATER TO WASTEWATER, OUR MISSION IS TO PROVIDE OUR MEMBERS QUALITY AND RELIABLE SERVICE IN A RESPONSIVE AND EQUITABLE MANNER.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

General Manager
highest compensated employee
$158k
$167k
Base
$133k
Bonus
Other
$13k
Benefits
Project and Maintenance MA
highest compensated employee
$141k
$150k
Office Manager
highest compensated employee
$117k
$124k
Former General Manager
former officer/director/trustee
$117k
$124k
Base
$61k
Bonus
Other
$53k
Benefits
Operations Manager
highest compensated employee
$116k
$123k

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 7 unpaid individuals.

Up 4%
from 2023

From $151k in 2023 to $158k in 2024.

$151k
2023
$158k
2024
In today's dollarsEst.
Up 1% in real terms$165k to $167k

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

SOUTH WALTON UTILITY COMPANY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.8M
$11.8M
2023
$17.7M
$12.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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