Greater Winston-Salem Inc

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

EIN: 560459820 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(6)

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Overview

What is Greater Winston-Salem Inc?

Greater Winston-Salem Inc, situated in Winston-Salem, North Carolina, is a prominent business organization with a focus on promoting and fostering business growth in the region. Based in Vine Street Suite 240, this nonprofit organization offers various services to strengthen existing businesses, encourage small business creation, and develop a skilled workforce in Forsyth County. Their activities include hosting events such as executive dialog groups, small business forums, and member networking sessions, providing resources and small business support. The organization aims to position Winston-Salem as a technology-driven economic hub, contributing to the local business community's growth and development. With a dedicated workforce of 19 individuals, Greater Winston-Salem Inc is committed to supporting and bolstering the business landscape in Winston-Salem and Forsyth County.


Official website here: www.winstonsalem.com

Is Greater Winston-Salem Inc legitimate?

Greater Winston-Salem Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Winston-Salem Inc 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $304,392
Professional Fundraising Fees: $0
Other Salaries and Wages: $556,113

For more financial information, click here


Official website here: www.winstonsalem.com

What is the mission statement of Greater Winston-Salem Inc?

Greater Winston-Salem Inc serves as a prominent business organization, primarily focused on fostering business growth in its vicinity. The organization's primary goal is to establish its area as a technology-driven economic hub. To achieve this, Greater Winston-Salem Inc offers a range of services. These include strengthening existing businesses, encouraging the creation of small businesses, and developing a skilled workforce within the region. The organization's mission is not limited to these, but it also aims to contribute to the overall economic development and prosperity of the community.


Official website here: www.winstonsalem.com

Who is the CEO of Greater Winston-Salem Inc?

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


Official website here: www.winstonsalem.com

What is the revenue of Greater Winston-Salem Inc?

Greater Winston-Salem Inc's revenue in 2022 was $2,593,189.


Official website here: www.winstonsalem.com

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

The average compensation at Greater Winston-Salem Inc during 2022 was $45,290. There are 19 employees and 100 volunteers at Greater Winston-Salem Inc.


Here are 31 key members and their salaries:


Mark Owens (President/Ce)
  • Compensation: $278,250
  • Related: $0
  • Other: $22,840
Nick Reed (Cfo)
  • Compensation: $157,753
  • Related: $0
  • Other: $19,016
Laura Lee (Svp Of Econo)
  • Compensation: $128,400
  • Related: $0
  • Other: $18,167
Steve Lineberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sewell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Coleman Team (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Morrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Joines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise Peters Carey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elwood Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Byrne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Lancaster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Tuttle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Hales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Swerbinsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Flythe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mamie Sutphin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Metzler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Lindsay (Former Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aubrey Linville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Waddell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Wenker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Julia Jackson-Newsom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rodgers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Neill (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Davenport Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Spriggs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Pace (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.winstonsalem.com

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

Greater Winston-Salem Inc'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 Inc

Greater Winston-Salem Inc, a prominent business organization, is dedicated to fostering and encouraging business growth in Winston-Salem and Forsyth County. Their primary mission is to transform Winston-Salem into a technology-driven economic hub. To achieve this, Greater Winston-Salem Inc offers a range of services. They work to strengthen existing businesses by providing necessary support and resources. Additionally, they encourage the creation of new small businesses, recognizing their significant role in the local economy. Furthermore, the organization is committed to developing a skilled and talented workforce within Forsyth County, understanding that a well-equipped workforce is essential for a thriving business environment. In essence, Greater Winston-Salem Inc is instrumental in driving economic growth and development in the region, while also nurturing the businesses and workforce that form its backbone.

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Impact




October, 2024

Greater Winston-Salem Inc has a significant impact on business development in Winston-Salem and Forsyth County. By promoting and encouraging economic growth, the organization plays a pivotal role in establishing the area as a technology-driven economic center. Through its various membership services, it actively strengthens existing businesses and supports the creation of new enterprises.

The organization hosts small business forums, executive dialog groups, and networking events, providing vital resources and connections for local entrepreneurs. This focus on community engagement not only fosters collaboration among businesses but also contributes to the development of a skilled workforce in Forsyth County. Overall, Greater Winston-Salem Inc is a catalyst for economic vitality and community improvement in the region.




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


Financials

This financial information is from Propublica.

Revenue
$2,593,189 (2022)
Expenses
$2,259,352 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23,471
  • Program Service Revenue: $2,124,053
  • Gross Receipts: $2,593,189

Assets and Liabilities:

  • Total Assets: $3,397,180
  • Total Liabilities: $713,166
  • Net Assets: $2,684,014

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Programs

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

BUSINESS CONNECTING

Revenue

$1,089,678

MEMBERSHIP DUES

Revenue

$1,034,375

Organization Details

Founding Year

1942

Principal Officer

Mark Owens

Main Address

525 VINE STREET SUITE 240, WINSTONSALEM, NC, 27101

NTEE Category

Code: S41 - Community improvement

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