Mission
TO RENDER AID AND ENCOURAGEMENT IN THE INDUSTRIAL AND ECONOMIC DEVELOPMENT OF SOUTHERN IREDELL COUNTY, NC
Public Charity
SOUTH IREDELL COMMUNITY DEVELOPMENT CORPORATION
SOUTH IREDELL COMMUNITY DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in MOORESVILLE, NC. Its most recent IRS filing (2025) reports revenue of $2.6M, expenses of $170K, total assets of $8.7M.
EIN: 561572573
MOORESVILLE, NC
Latest filing: 2025
Total Revenue$2.6M
Total Expenses$170K
Total Assets$8.7M
Grant Records0
Filing Years2021–2025
Where $100 goes at South Iredell Community Development Corporation
How South Iredell Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$82
Programs
the work itself
$18
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 $82 for programs
$82
Developing and promoting business and industrial sites as a means of attracting new industry and facilitating growth of existing businesses in the Mooresville, nc area
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
VICE PRESIDENT
Abigail Jennings
BOARD MEMBER
Beth Mull
SECRETARY
Bill Thunberg
BOARD MEMBER
Chris Carney
TREASURER
Chris Nichols
BOARD MEMBER
Jeff Cernuto
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.6M | $170K | $8.7M |
| 2024 | $36K | $163K | $8.6M |
| 2023 | $85K | $161K | $8.7M |
| 2022 | $7K | $135K | $9.6M |
| 2021 | $542K | $154K | $9.7M |
Between 2021 and 2025, reported annual revenue grew from $542K to $2.6M (+382%), with total assets most recently reported at $8.7M.
Interactive year-over-year charts and full filing details available with membership.