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Filing year 2023

DAVIDSON WATER INC

Welcome, North Carolina·EIN 56-1057522·12
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 · Schedule J · 21 reported individuals · Filing year 2023

CEO and General Manager
$237k
$259k
Base
$209k
Bonus
Other
$28k
Benefits
Vice President of Construction
vice president
$173k
$189k
Base
$162k
Bonus
Other
$11k
Benefits
Base
$130k
Bonus
Other
$34k
Benefits
CIO
chief information officer
$155k
$170k
Base
$132k
Bonus
Other
$23k
Benefits
Civil Engineer
highest compensated employee
$138k
$151k
District Supervisor B
highest compensated employee
$136k
$149k
$133k
$145k
Meter Services Supervisor
highest compensated employee
$122k
$133k
Controller
officer (unspecified)
$42k
$45k
Board President
board president
$8k
$9k
Board Secretary
board secretary
$8k
$9k
Board Vice-president
board president
$8k
$9k
Board Treasurer
board treasurer
$7k
$8k
Director
board member
$6k
$7k
Director
board member
$6k
$7k
Director
board member
$6k
$6k
Director
board member
$5k
$6k
Director
board member
$5k
$6k
Director
board member
$5k
$5k
Director
board member
$5k
$5k
Director
board member
$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.

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.
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