Mission
To generate economic growth, encourage small business development, create jobs, and revitalize neighborhoods by providing loans and financial services to underserved business
Public Charity
Piedmont Business Capital
Piedmont Business Capital is a nonprofit organization categorized as Public Charity based in Greensboro, NC. Its most recent IRS filing (2024) reports revenue of $446K, expenses of $1.0M, total assets of $2.8M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $475K.
EIN: 561872877
Greensboro, NC
Small Business Development
NTEE: S43
Latest filing: 2024
Total Revenue$446K
Total Expenses$1.0M
Total Assets$2.8M
Grant Records9
Funding Total$475K
Filing Years2019–2024
Where $100 goes at Piedmont Business Capital
How Piedmont Business Capital divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$45
Programs
the work itself
$54
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $45 for programs
$45
Piedmont Business Capital PBC has many services under its main lending program
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.
Sample Grants Received
CHARITABLE DONATION
$10,000
CDFI CAPACITY BUILDING PROGRAM GRANTS
$100,000
GENERAL SUPPORT
$72,500
1 GRANT(S) FOR VARYING PURPOSES
$25,000
GENERAL SUPPORT
$22,500
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
Board Member
Carlvena Foster
Secretary
Cathy Knowles
Board Member
David Lane
Vice Chairman
Erestine Guidry
Treasurer
Jose Sandoval
Chairman
Karl Robinson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $446K | $1.0M | $2.8M |
| 2023 | $2.4M | $785K | $4.5M |
| 2022 | $3.2M | $760K | $5.8M |
| 2020 | $1.4M | $700K | $2.9M |
| 2019 | $737K | $475K | $1.1M |
Between 2019 and 2024, reported annual revenue declined from $737K to $446K (-39%), with total assets most recently reported at $2.8M.
Interactive year-over-year charts and full filing details available with membership.