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Downtown Greensboro Foundation

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

EIN: 562242416 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Greensboro Foundation?

The Downtown Greensboro Foundation is a nonprofit organization located at 532 South Elm Street, Greensboro, North Carolina 27406. Their primary mission is to support the educational and historical preservation initiatives, as well as other exempt public projects, in Downtown Greensboro, Inc. This nonprofit organization plays a vital role in promoting and stimulating new investment and interest in the center city area of Greensboro, North Carolina, by executing various service projects through their DGI Grants Program. The foundation's activities are geared towards enhancing the overall development of the downtown region.

Is Downtown Greensboro Foundation legitimate?

Downtown Greensboro Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Greensboro Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Downtown Greensboro Foundation?

The Downtown Greensboro Foundation supports various educational, historical preservation, and other exempt public initiatives. This mission aligns with the work of Downtown Greensboro, Inc., a nonprofit economic development organization established to stimulate interest and investment in the city center area. The foundation carries out this mission through its grants program, providing the community with various service projects. In essence, the Downtown Greensboro Foundation is dedicated to fostering educational growth and historical preservation, contributing to the overall development and betterment of the community.

Who is the CEO of Downtown Greensboro Foundation?

Zack Matheny is the Board Chairman of Downtown Greensboro Foundation. The CEO's salary of Downtown Greensboro Foundation is $0 and their total compensation is $158,630.

What is the revenue of Downtown Greensboro Foundation?

Downtown Greensboro Foundation's revenue in 2022 was $563,945.

Who are the executives of Downtown Greensboro Foundation and what are their salaries?


Here are 24 key members and their salaries (Downtown Greensboro Foundation's CEO's salary is $0 and their total compensation is $158,630):


Tracey Myers (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Yetter (Board Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Carlin-Milstein (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Zimmerman (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Prince (Board Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Smith (Board Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsh Prause (Board Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Vaughan (Board Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taiwo Jaiyeaba (Board Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lomax (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Talley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudell Pressa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Waldeck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Fuller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Gatling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Hicks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eden Bloss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damion Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Cockerham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Skip Alston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Halford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zack Matheny (President & Ceo)
  • Compensation: $0
  • Related: $158,630
  • Other: $0
Joy Ross (Cfo)
  • Compensation: $0
  • Related: $67,075
  • Other: $0
Where can I find the form 990 for Downtown Greensboro Foundation?

Downtown Greensboro Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Downtown Greensboro Foundation

The Downtown Greensboro Foundation is an entity that supports various educational, historical preservation, and other public initiatives undertaken by Downtown Greensboro, Inc. This nonprofit organization, formed with the aim of promoting and stimulating new investment and interest in the center city area of Greensboro, North Carolina, serves as a crucial catalyst for exempt public efforts. The Downtown Greensboro Foundation's mission is multifaceted, encompassing the support of educational programs and historical preservation efforts, alongside other public initiatives that align with its objectives.

In a broader context, the Downtown Greensboro Foundation plays a significant role in furthering the work of Downtown Greensboro, Inc. This nonprofit economic development organization is dedicated to enhancing the center city area of Greensboro, North Carolina, by fostering new investment and interest. The Foundation's mission is a testament to its commitment to supporting the exempt public efforts initiated by this organization, ensuring the vitality and growth of the center city area.

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Impact




October, 2024

The Downtown Greensboro Foundation plays a vital role in enhancing the city's cultural and historical landscape. By supporting educational initiatives and historical preservation, the Foundation fosters a deeper appreciation of Greensboro's rich heritage. Its DGI Grants Program funds various service projects that directly benefit the community, encouraging engagement and investment in downtown Greensboro. Through these efforts, the Foundation stimulates economic development and generates renewed interest in the heart of the city, helping to create a vibrant and thriving urban environment.




This information is meant to be a general summary of Downtown Greensboro Foundation. 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
$563,945 (2022)
Expenses
$571,681 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,115
  • Program Service Revenue: $117,623
  • Gross Receipts: $563,945

Assets and Liabilities:

  • Total Assets: $712,585
  • Total Liabilities: $481,575
  • Net Assets: $231,010

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Programs

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

ICE RINK TICKET SALES

Revenue

$83,592

REGISTRATION/ENTRY FEE

Revenue

$16,783

VENDOR FEES

Revenue

$11,248

TREE DECORATING (TINSE

Revenue

$6,000

Organization Details

Founding Year

2000

Principal Officer

Zack Matheny

Main Address

532 SOUTH ELM STREET, GREENSBORO, NC, 27406

NTEE Category

Code: A80 - Arts

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