Bonita Springs Utilities Inc

Organization Overview

Bonita Springs Utilities Inc is located in Bonita Springs, FL. The organization was established in 1988. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Bonita Springs Utilities Inc employed 152 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bonita Springs Utilities Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Bonita Springs Utilities Inc generated $43.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $40.4m during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SALE OF WATER AND WASTEWATER TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

AT YEAR-END, BSU PROVIDED WATER SERVICE TO APPROXIMATELY 30,660 CONNECTIONS AND WASTEWATER SERVICE TO APPROXIMATELY 28,060 CONNECTIONS WITHIN THE SERVICE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
John Jenkins
Executive Director
$408,835
Steven Richards
Director Of Finance
$156,961
Andrew Koebel
Director Of Operations
$140,817
Kim Hoskins
Director Of Enginnering
$139,639
Mike Malloy
Director
$24,305
Brian Farrar
President
$24,305

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ferguson Enterprises Inc
Construction
$6,227,995
Ch2m Hill Engineers Inc
Construction
$6,992,506
Florida Utility Solutions Inc
Construction
$1,313,922
Ring Power Corporation
Equipment
$2,251,600
Mitchell & Stark Construction Inc
Construction
$756,155
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$43,045,597
Investment income $644,272
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$27,113
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,833,914

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