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Winston Starts

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

EIN: 821573081 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Winston Starts?

Winston Starts is a dedicated nonprofit organization situated in Winston-Salem, North Carolina. Their primary goal is to contribute to the long-term economic growth and vitality of the Winston-Salem area by offering intensive, inspiring, and tailored support to startups with the potential for national scalability. They collaborate with various other startup support networks across the Triad and the state, aiming to establish a comprehensive ecosystem for startup development. By providing office space, education, and access to professional services, Winston Starts seeks to foster a culture of entrepreneurship and innovation, ultimately benefiting the local community and its citizens as a whole.


Official website here: www.winstonstarts.com

Is Winston Starts legitimate?

Winston Starts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winston Starts 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,421

For more financial information, click here


Official website here: www.winstonstarts.com

What is the mission statement of Winston Starts?

Winston Starts is an organization with a mission to bolster the economic health of businesses with nationally scalable models. They accomplish this by offering comprehensive support to these startups, collaborating with other entrepreneurial initiatives across the region, and fostering a culture of innovation and entrepreneurship. The primary objectives of Winston Starts are to stimulate long-term job growth and economic vitality, benefiting the community as a whole, by providing educational resources, office space, and professional services to early-stage businesses committed to their locality. Furthermore, the organization serves as a catalyst for economic development by attracting new businesses and supporting the growth of existing companies within its community.


Official website here: www.winstonstarts.com

Who is the CEO of Winston Starts?

Stan Parker is the Director of Winston Starts.


Official website here: www.winstonstarts.com

What is the revenue of Winston Starts?

Winston Starts's revenue in 2022 was $1,251,998.


Official website here: www.winstonstarts.com

Who are the executives of Winston Starts and what are their salaries?

The average compensation at Winston Starts during 2022 was $27,842. There are 10 employees and 86 volunteers at Winston Starts.

Here are 9 key members and their salaries:

    Stanley Parker (President)
  • Compensation: $105,000
  • Related: $0
  • Other: $0

    • Elizabeth Brown (Vice President)
  • Compensation: $99,000
  • Related: $0
  • Other: $0

    • John C Whitaker Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald E Flow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven A Lineberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Jensen-Noll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trinity Manning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wahrfahtig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.winstonstarts.com

    Where can I find the form 990 for Winston Starts?

    The Winston Starts’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.winstonstarts.com

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

    Mission Statement of Winston Starts

    Winston Starts, a nonprofit organization, is dedicated to driving the economic health of various regions, specifically focusing on Winston-Salem, Triad, and North Carolina. Their mission is threefold: firstly, they offer intensive, inspiring, and duration-appropriate support for startups with nationally scalable business models. Secondly, they collaborate with other startup support enterprises across the Triad and the state to establish a coordinated network of startup support. Lastly, Winston Starts promotes a culture of entrepreneurship and innovation.

    The primary objectives of Winston Starts are twofold. Firstly, they aim to foster long-term job growth and economic vitality in and around Winston-Salem, ultimately benefiting the local community as a whole. To achieve this, they provide education, office space, and access to professional services and other forms of support to startup and early-stage businesses committed to operating in and around Winston-Salem.

    Secondly, Winston Starts serves as a catalyst for economic development by attracting new businesses to Winston-Salem and fostering the growth of existing Winston-Salem-based companies. This dual-focused approach allows Winston Starts to play a vital role in the local economy, contributing to job creation, business development, and overall community prosperity.

    Impact

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




    Saturday, July 20, 2024

    Winston Starts has a significant impact on the economic health and vitality of Winston-Salem, the Triad region, and North Carolina as a whole. By providing intense support for startups with nationally scalable business models, Winston Starts contributes to long-term job growth and economic development in the area. Their collaboration with other startup support organizations creates a network that fosters entrepreneurship and innovation, leading to a culture of economic prosperity. Additionally, by offering office space and access to professional services, Winston Starts plays a vital role in attracting new businesses to Winston-Salem and supporting the growth of existing companies, benefiting both the local community and its citizens.





    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: $20
  • Program Service Revenue: $158,511
  • Gross Receipts: $1,251,998

    • Assets and Liabilities:
  • Total Assets: $1,867,594
  • Total Liabilities: $22,479
  • Net Assets: $1,845,115
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROG.SERV.REVENUE-RELA

    Revenue

    $158,511

    Organization Details

    Founding Year

    2017

    Principal Officer

    Stan Parker

    Main Address

    500 W 5TH STREET 400, WINSTONSALEM, NC, 27101

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Winston Starts 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.