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Filing year 2024

WEST CARTERET WATER CORPORATION

Newport, North Carolina·EIN 56-1432125·12
Total revenue
$6.9M
Total assets
$31.3M
Total expenses
$6.5M
Reported officers
11
Mission

WEST CARTERET WATER CORPORATION WAS ORGANIZED FOR THE PURPOSE OF PROVIDING TREATED WATER TO ITS 8,314 MEMBERS OF THE CORPORATION IN CERTAIN COMMUNITIES AND RURAL AREAS OF CARTERET COUNTY.

Executive compensation

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Executive Director
$142k
$150k
Employee
highest compensated employee
$126k
$134k
Secretary/treasurer
officer (unspecified)
$2k
$2k
Director
board member
$1k
$1k
Director
board member
$900
$955
Director
board member
$800
$849
Director
board member
$700
$742
Vice President
vice president
$640
$679
Director
board member
$600
$636
Director
board member
$300
$318

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 10%
from 2023

From $128k in 2023 to $142k in 2024.

$128k
2023
$142k
2024
In today's dollarsEst.
Up 7% in real terms$140k to $150k

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

WEST CARTERET WATER CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.6M
$5.9M
2023
$6.9M
$6.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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