Totals
- Total revenue
- $1,679,499
- Total expenses
- $146,930
- Contributions and grants received
- $321,674
- Grants paid
- $0
- Program service revenue
- $1,357,825
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,544,220
- Total liabilities, end of year
- $11,651
- Net assets or fund balances, end of year
- $1,532,569
- Program services expenses (Part IX)
- $119,438
- Management and general expenses
- $27,492
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $119,438
Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$321,674
-
2a · Program service revenue: Water Services
total $1,357,825 · related or exempt $1,357,825
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $27,000 · management and general $27,000
-
23 · Insurance
total $75,110 · program services $75,110
-
24a · Other expenses: Engineering
total $42,000 · program services $42,000
-
24b · Other expenses: Bank Service Charges
total $6 · management and general $6
-
24c · Other expenses: Pumping Costs
total $2,328 · program services $2,328
-
24e · All other expenses
total $486 · management and general $486
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $380,370
-
4 · Accounts receivable
end of year $1,163,850
-
17 · Accounts payable and accrued expenses
end of year $11,651
-
27 · Net assets without donor restrictions
end of year $1,532,569
Mission and programs · 2023
Mission
C-51 Reservoir Inc. develops and operates the C-51 Reservoir to expand regional water supply, support environmental protection, and provide alternative water sources for public utilities in Palm Beach County, Florida.
-
In 2024, C-51 Reservoir Inc. advanced the development and operation of the C-51 Reservoir to expand regional water supply, provide alternative water sources to public utilities, and support environmental protection in Palm Beach County, Florida.Key activities included advancing permitting and construction, conducting environmental studies, and coordinating with local governments and utilities on water delivery agreements. The reservoir captures excess stormwater to reduce harmful discharges and enhance regional water resilience.These efforts directly further the organizations exempt purpose of promoting sustainable water infrastructure and environmental stewardship. Program expenses totaled approximately $146,930.
Expenses $119,438 · Revenue $1,679,499
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Fernando Rodriguez
Assistant Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Marta Reczko
Assistant Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Randy Brown
Assistant Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Michael McElligott
Secretary and Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Rodrigo de Castro
Assistant Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Susan Bodmann
Vice President
- Total calculated
- $0
- Hours/week
- 0
-
Virginia Walsh
President
- Total calculated
- $0
- Hours/week
- 0
-
Michael McElligott
Secretary and Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Jeff Odoms
Assistant Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Todd Hiteshew
Assistant Secretary
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511479349300501
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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