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Greater Winston-Salem Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510436665 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Greater Winston-Salem Development Corp?

Greater Winston-Salem Development Corp is a nonprofit organization situated in Winston-Salem, North Carolina. Its primary mission is to stimulate economic growth and diversification within the local community of Forsyth County. This is accomplished by focusing on specific industries, including healthcare/life science, aerospace/aviation, headquarters and business services, advanced manufacturing, technology, and high-growth entrepreneurship. The organization promotes innovation and entrepreneurship across all sectors to highlight Winston-Salem's reputation for innovative thought and a creative economy. To achieve these goals, Greater Winston-Salem Development Corp works to attract new businesses to the area, ultimately contributing to its overall economic development.


Official website here: www.winstonsalem.com

Is Greater Winston-Salem Development Corp legitimate?

Greater Winston-Salem Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Winston-Salem Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $173,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $269,496

For more financial information, click here


Official website here: www.winstonsalem.com

What is the mission statement of Greater Winston-Salem Development Corp?

The Greater Winston-Salem Development Corp's mission is centered around fostering growth and economic diversification. Their primary objective is to attract new businesses to facilitate growth in the specified sectors. These sectors include healthcare/life science, aerospace/aviation, headquarters and business services, advanced manufacturing, technology, and high-growth entrepreneurship. The organization supports the local business community in increasing investment and job creation, emphasizing innovation and entrepreneurship across all sectors. Their goal is to recognize and leverage Winston-Salem's strength in innovative thought and creative economy.


Official website here: www.winstonsalem.com

Who is the CEO of Greater Winston-Salem Development Corp?

Mark Owens is the President/Ce of Greater Winston-Salem Development Corp.


Official website here: www.winstonsalem.com

What is the revenue of Greater Winston-Salem Development Corp?

Greater Winston-Salem Development Corp's revenue in 2022 was $791,137.


Official website here: www.winstonsalem.com

Who are the executives of Greater Winston-Salem Development Corp and what are their salaries?

Here are 10 key members and their salaries:

    Mark Owens (President/Ce)
  • Compensation: $0
  • Related: $278,250
  • Other: $22,840

    • Nick Reed (Cfo)
  • Compensation: $0
  • Related: $157,753
  • Other: $19,016

    • Laura Lee (Svp Of Econo)
  • Compensation: $0
  • Related: $128,400
  • Other: $18,167

    • Mamie Sutphin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Lineberger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Hall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Neill (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Pace (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Davenport (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Janet Spriggs (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.winstonsalem.com

    Where can I find the form 990 for Greater Winston-Salem Development Corp?

    The Greater Winston-Salem Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.winstonsalem.com

    Learn more at the official website: www.winstonsalem.com

    Mission Statement of Greater Winston-Salem Development Corp

    Greater Winston-Salem Development Corp is dedicated to fostering growth and economic diversification in Winston-Salem and Forsyth County. Their mission is centered around attracting new businesses to the area, with the ultimate goal of driving expansion and development within specific industries. These targeted sectors include healthcare/life science, aerospace/aviation, headquarters and business services, advanced manufacturing, such as transportation and logistics and food & beverage manufacturing, technology, and high-growth entrepreneurship.

    Embracing innovation and entrepreneurship across all sectors, Greater Winston-Salem Development Corp recognizes the region's strength in creative thinking and seeks to leverage this asset to support the local business community. By encouraging new investments and job opportunities, the organization aims to contribute to the overall economic growth and development of the area.

    Impact

    This information is meant to be a general summary of Greater Winston-Salem Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Greater Winston-Salem Development Corp's impact is substantial in facilitating growth and economic diversification in Winston-Salem and Forsyth County. By supporting the local business community to increase investment and jobs, the organization plays a crucial role in advancing various industries such as healthcare/life science, aerospace/aviation, headquarters & business services, advanced manufacturing (transportation/logistics and food & beverage manufacturing), technology, and high-growth entrepreneurship.

    Emphasizing innovation and entrepreneurship across all target sectors, the Greater Winston-Salem Development Corp recognizes and leverages Winston-Salem's strength in innovative thought and a creative economy. Through its mission to recruit new businesses to the area, the organization actively contributes to the economic development and overall well-being of the community, driving community improvement and fostering a dynamic business environment in Winston-Salem and Forsyth County.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,942
  • Program Service Revenue: $0
  • Gross Receipts: $791,137

    • Assets and Liabilities:
  • Total Assets: $1,389,916
  • Total Liabilities: $91,973
  • Net Assets: $1,297,943
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Mark Owens

    Main Address

    525 VINE STREET SUITE 240, WINSTONSALEM, NC, 27101

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Greater Winston-Salem Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.