Public Charity

GREATER WINSTON-SALEM DEVELOPMENT CORP

Based in WINSTONSALEM, NC, GREATER WINSTON-SALEM DEVELOPMENT CORP operates as a Public Charity. The organization reported $818K in revenue, $1.0M in expenses, $2.1M in total assets for fiscal year 2024. Imperigo tracks 26 reported grant relationships connected to this organization totaling approximately $2.4M.

EIN: 510436665 WINSTONSALEM, NC Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$818K
Total Expenses$1.0M
Total Assets$2.1M
Grant Records26
Funding Total$2.4M
Filing Years2019–2024

Mission

TO RECRUIT NEW BUSINESSES TO WINSTON-SALEM AND FORSYTH COUNTY IN ORDER TO FACILITATE GROWTH AND ECONOMIC DIVERSIFICATION IN THE AREA.

Where $100 goes at Greater Winston-Salem Development Corp

How Greater Winston-Salem Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$77 Programs the work itself
$23 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 $77 for programs

$77
The organization supports the local business community in its effort to increase investment and jobs throughout forsyth county, nc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Aprille Bell
CHAIR Cathy Pace
TRUSTEE Coleman Team
TRUSTEE David Neill
SECRETARY Dr Janet Spriggs
TRUSTEE Elwood Robinson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,752,596 17 grants
Economic Development
$612,667 7 grants
Unspecified
$25,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $818K $1.0M $2.1M
2023 $1.6M $909K $2.1M
2022 $791K $808K $1.4M
2020 $455K $1.5M $1.8M
2019 $940K $829K $5.3M

Between 2019 and 2024, reported annual revenue declined from $940K to $818K (-13%), with total assets most recently reported at $2.1M.

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

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