Mission
Assist New Hanover County in carrying out its governmental functions through issuance of debt for the acquistion and construction of public improvements.
Public Charity
NEW HANOVER COUNTY FINANCING CORPORATION
Based in Wilmington, NC, NEW HANOVER COUNTY FINANCING CORPORATION operates as a Public Charity. The organization reported $24.9M in revenue, $24.9M in expenses, $291.0M in total assets for fiscal year 2025.
EIN: 562055388
Wilmington, NC
Single Organization Support
NTEE: W11
Latest filing: 2025
Total Revenue$24.9M
Total Expenses$24.9M
Total Assets$291.0M
Grant Records0
Filing Years2021–2025
Where $100 goes at New Hanover County Financing Corporation
How New Hanover County Financing Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$100
Programs
the work itself
<$1
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 $100 for programs
$100
Assist New Hanover County in carrying out its governmental functions through issuance of debt for the acquisition and construction of public improvements
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
President
Bill Rivenbark
Secretary and Vice President
Chris Coudriet
Treasurer and Assistant Secretary
Eric Credle
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $24.9M | $24.9M | $291.0M |
| 2024 | $21.7M | $21.7M | $240.9M |
| 2023 | $22.4M | $22.4M | $181.9M |
| 2021 | $14.2M | $14.2M | $172.4M |
Between 2021 and 2025, reported annual revenue grew from $14.2M to $24.9M (+75%), with total assets most recently reported at $291.0M.
Interactive year-over-year charts and full filing details available with membership.