CSCharityScored
33

Iredell County Economic Development Corporation

Other · Mooresville, North Carolina

500 S Main St Ste 449, Mooresville, NC 28115-3550

EIN: 561555859· Founded: Aug 1987· 39 years active· Filing Year: 2023

Annual Revenue

$992K

Total Expenses

$900K

Total Assets

$1.0M

Program Spending

21%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$170K

18.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$299K

Total Payroll

$469K

52% of total expenses

Where the Money Goes

21%
Programs: 21%
Payroll: 52%
Other overhead: 79%
Program Revenue$185K (19%)
Total Expenses$900K (91%)
Payroll$469K (52%)
Overhead (non-program)79%

Trust Score Breakdown

Program Spending Ratio

21% of expenses go to programs

40%

Revenue & Stability

$992K annual revenue

15%

Executive Compensation

$170K total officer comp (18.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.