Public Charity

IREDELL WATER CORPORATION

Based in STATESVILLE, NC, IREDELL WATER CORPORATION operates as a Public Charity. The organization reported $6.6M in revenue, $4.6M in expenses, $29.6M in total assets for fiscal year 2025.

EIN: 560883544 STATESVILLE, NC Latest filing: 2025
Total Revenue$6.6M
Total Expenses$4.6M
Total Assets$29.6M
Grant Records0
Filing Years2021–2025

Mission

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

Where $100 goes at Iredell Water Corporation

How Iredell Water Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$81
Provided clean, safe, healthy water supply to members
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARYTREASURER Alan L Cook
VICE PRESIDENT Bobby Davidson
Officer Curtis W Meyer
PRESIDENT Edward Bissell
DIRECTOR Eric Patterson
DIRECTOR Franklin Rash

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $6.6M $4.6M $29.6M
2024 $6.2M $4.2M $28.1M
2023 $7.3M $4.1M $26.6M
2022 $5.4M $4.2M $23.8M
2021 $4.8M $3.0M $19.2M

Between 2021 and 2025, reported annual revenue grew from $4.8M to $6.6M (+36%), with total assets most recently reported at $29.6M.

Interactive year-over-year charts and full filing details available with membership.

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