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Filing year 2024

IREDELL WATER CORPORATION

Statesville, North Carolina·EIN 56-0883544·12
Total revenue
$6.2M
Total assets
$28.1M
Total expenses
$4.2M
Reported officers
10
Mission

TO PROVIDE A CLEAN, SAFE, HEALTHY RURAL WATER SUPPLY TO MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

Manager
officer (unspecified)
$183k
$194k
Base
$149k
Bonus
$3k
Other
$12k
Benefits
$11k
Director
board member
$2k
$2k
Secretarytreasurer
officer (unspecified)
$2k
$2k
Vice President
vice president
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$1k
$2k

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 3%
from 2023

From $177k in 2023 to $183k in 2024.

$177k
2023
$183k
2024
In today's dollarsEst.
Roughly flat in real terms$194k to $194k

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

IREDELL WATER CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.3M
$4.1M
2023
$6.2M
$4.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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