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Filing year 2023

DAVIDSON WATER INC

Welcome, North Carolina·EIN 56-1057522·501(c)(12)
Total revenue
$25M
Total assets
$171.4M
Total expenses
$20.2M
Reported officers
21
Mission

PROVIDING QUALITY DRINKING WATER FOR OVER 50 YEARS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2023

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

CEO and General Manager
75th to 90th percentile
$237k
$259k
Base
$209k
Bonus
Other
$28k
Benefits
Vice President of Construction
Vice President
75th to 90th percentile
$173k
$189k
Base
$162k
Bonus
Other
$11k
Benefits
COO
Median to 75th percentile
$164k
$179k
Base
$130k
Bonus
Other
$34k
Benefits
CIO
Chief Information Officer
25th percentile to median
$155k
$170k
Base
$132k
Bonus
Other
$23k
Benefits
Civil Engineer
Highest Compensated Employee
25th percentile to median
$138k
$151k
District Supervisor B
Highest Compensated Employee
25th percentile to median
$136k
$149k
Former CFO
Median to 75th percentile
$133k
$145k
Meter Services Supervisor
Highest Compensated Employee
10th to 25th percentile
$122k
$133k
Controller
10th to 25th percentile
$42k
$45k
Board President
25th percentile to median
$8k
$9k
Board Secretary
Median to 75th percentile
$8k
$9k
Board Vice-president
Board President
25th percentile to median
$8k
$9k
Board Treasurer
Median to 75th percentile
$7k
$8k
Director
Board Member
25th percentile to median
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
10th to 25th percentile
$4k
$5k

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.

Up 11%
from 2022

From $214k in 2022 to $237k in 2023.

$214k
2022
$237k
2023
In today's dollarsEst.
Up 6% in real terms$245k to $259k

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

Chief Executive Officer pay rose 11% from 2022 to 2023, while revenue rose 14%.

$214k in 2022 to $237k in 2023.
  • Vice President pay fell 3% from 2022 to 2023.
  • Chief Information Officer pay rose 6% from 2022 to 2023.

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

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

Revenue and expenses over time

DAVIDSON WATER INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$21.9M
$18.7M
2022
$25M
$20.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about DAVIDSON WATER INC

What does the Chief Executive Officer of DAVIDSON WATER INC earn?

In 2023, the Chief Executive Officer of DAVIDSON WATER INC received $237,257 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DAVIDSON WATER INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at DAVIDSON WATER INC falls between the 75th and 90th percentiles.

What are DAVIDSON WATER INC's revenue and expenses?

In 2023, DAVIDSON WATER INC reported $25M in total revenue and $20.2M in total expenses on its IRS Form 990.

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