GREATER WINSTON-SALEM DEVELOPMENT CORP

GREATER WINSTON-SALEM DEVELOPMENT CORP

Winstonsalem, NC, US
501(c)3
EIN
51-0436665

GREATER WINSTON-SALEM DEVELOPMENT CORP

Winstonsalem, NC, US
501(c)3
EIN
51-0436665

Overview

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Est.

2003

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Greater Winston-Salem Development Corp, identified by EIN 51-0436665, is a nonprofit organization dedicated to facilitating growth and economic diversification in Winston-Salem and Forsyth County, focusing on urban development. With an operating budget of $883.6K and total revenue of $818.4K for the 2024 filing year, the organization benefits from a diverse funding base, as no single funder provides 50% or more of its revenue. More information can be found on their website at www.winstonsalem.com.

Mission Statement

TO FACILITATE GROWTH AND ECONOMIC DIVERSIFICATION IN WINSTON-SALEM AND FORSYTH COUNTY.
Revenues

$818.4K

Expenses

$1M

Net Income:
-$210.1K
Assets

$2.1M

Liabilities

$234.6K

Net Assets:
+$1.9M
Operating Budget

$883.6K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

5

Median grant size
$50K
Largest grant received
$285K
N
Nick Reed
Board Member
D
DR Janet Spriggs
Board Member
M
Mamie Sutphin
Board Member

Frequently Asked Questions

What is GREATER WINSTON-SALEM DEVELOPMENT CORP’s budget?
In 2024, GREATER WINSTON-SALEM DEVELOPMENT CORP reported an annual operating budget of around $884 thousand. More detailed financial information is available to registered users.
What causes does GREATER WINSTON-SALEM DEVELOPMENT CORP support?
GREATER WINSTON-SALEM DEVELOPMENT CORP supports work in Urban development.
Where does GREATER WINSTON-SALEM DEVELOPMENT CORP operate?
GREATER WINSTON-SALEM DEVELOPMENT CORP is headquartered in Winstonsalem, NC.
Who funded GREATER WINSTON-SALEM DEVELOPMENT CORP recently?
In 2024, GREATER WINSTON-SALEM DEVELOPMENT CORP received grants from GREATER WINSTON-SALEM INC, TWIN CITY DEVELOPMENT FOUNDATION, and TRUIST FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant GREATER WINSTON-SALEM DEVELOPMENT CORP received in 2024?
The largest grant to GREATER WINSTON-SALEM DEVELOPMENT CORP in 2024 exceeds $285 thousand.
What is GREATER WINSTON-SALEM DEVELOPMENT CORP’s reliance on government grants?
GREATER WINSTON-SALEM DEVELOPMENT CORP relied on government grants for more than 35% of their total revenue in 2024.
Overview
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