Mission
IN CONJUNCTION WITH THE HOUSING AUTHORITY OF WINSTON-SALEM, TO FACILITATE THE ORGANIZATION AND ADMINISTRATION OF INNOVATIVE PROJECTS TO PROVIDE HOUSING FOR PERSONS OF LOW AND MODERATE INCOME AND IMPROVE THEIR QUALITY OF LIFE.
Public Charity
FORSYTH ECONOMIC VENTURES INC
FORSYTH ECONOMIC VENTURES INC, of WINSTONSALEM, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.8M in revenue, $1.7M in expenses, $5.6M in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $464K.
EIN: 561831053
WINSTONSALEM, NC
Latest filing: 2025
Total Revenue$1.8M
Total Expenses$1.7M
Total Assets$5.6M
Grants Given1
Grant Total$464K
Filing Years2021–2025
Where $100 goes at Forsyth Economic Ventures Inc
How Forsyth Economic Ventures Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 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
To provide housing for persons of low and moderate income and improve their quality of life
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.
Sample Grants Given
HOUSING AUTHORITY OF WINSTON SALEM
THE LOEWY BUILDING WAS COLLATERAL TO A LINE OF CREDIT THAT WAS IN FORSYTH ECONOMIC VENTURE'S NAME, SALE PROCEEDS WERE USED FOR THE PAYOFF AT CLOSING.
$464,010
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
OUTGOING DIRECTOR
Alfred Adams
OUTGOING CHAIR
Andrew Perkins
DIRECTOR
Art Gibel
DIRECTOR
Arthur Dark
VICE CHAIR
Betsy Annese
DIRECTOR
Christopher Leak
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.8M | $1.7M | $5.6M |
| 2024 | $1.4M | $1.8M | $7.0M |
| 2023 | $1.7M | $1.5M | $7.1M |
| 2022 | $1.4M | $1.5M | $7.2M |
| 2021 | $1.6M | $1.3M | $6.1M |
Between 2021 and 2025, reported annual revenue grew from $1.6M to $1.8M (+15%), with total assets most recently reported at $5.6M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NC.
NC
Full geographic grant map with state-by-state breakdown available with membership.