2023-06-29T15:41:19-04:00 2022-12-31 561138530 BUTLER BURKE LLP 100 CLUB OAKS COURT SUITE A WINSTONSALEM NC 27104 990 2022-01-01 510167887 GREATER WINSTON-SALEM INC FOUNDATION GREA 3367289200 525 VINE STREET SUITE 240 WINSTONSALEM NC 27101 MARK OWENS PRESIDENT/CEO 3367289200 2023-06-29 true MARK OWENS 999009999 false JANE R POTTER P01057495 3367682310 2023-06-29 2022 2023-04-26 12:10:37Z X MARK OWENS 525 VINE STREET SUITE 240 WINSTONSALEM NC 27101 348869 false X WWW.WINSTONSALEM.COM X 1975 NC REPRESENT THE GREATER WINSTON-SALEM'S PHILANTHROPIC AND ELEEMOSYNARY INTERESTS. 6 6 0 6 0 102500 348804 0 65 0 102500 348869 251915 444050 0 19917 66838 0 0 63031 11293 334863 522181 -232363 -173312 1046282 914333 229335 270698 816947 643635 X TO CARRY OUT THOSE ACTIVITIES IN THE INTEREST OF THE PEOPLE OF WINSTON- SALEM AND FORSYTH COUNTY AND WHICH ARE OF A PHILANTHROPIC AND ELEEMOSYNARY NATURE FOCUSING ON ENTREPRENEURIAL GRANT INITIATIVE TO SUPPORT THE GROWTH OF WINSTON-SALEM'S BUSINESSES AND INNOVATION ECONOMY. false false 520091 444050 EDUCATION PROGRAMS FUNDS CONTRIBUTED TO ADDRESS EDUCATION ISSUES INCLUDING IMPROVING HIGH SCHOOL GRADUATION RATES THROUGH MENTORSHIP PROGRAMS, PARTNERING LOCAL BUSINESSES AND LOCAL SCHOOLS AND RECRUITING CORPORATE VOLUNTEERS TO WORK WITH LOCAL ELEMENTARY SCHOOL AGE CHILDREN. SMALL BUSINESS PROGRAMS FUNDS CONTRIBUTED TO SUPPORT (1) AN OPERATING GRANT PROGRAM IN SUPPORT OF BUSINESSES LOCATED WITHIN FORSYTH COUNTY THAT ARE ADVERSELY IMPACTED BY FEDERALLY OR STATE-DECLARED DISASTERS IN ORDER TO COMBAT COMMUNITY DETERIORATION AND TO LESSEN THE BURDENS OF GOVERNMENT AND (2) ENTREPRENEURIAL GRANT INITIATIVES TO SUPPORT THE GROWTH OF WINSTON- SALEM'S INNOVATION ECONOMY. 520091 true true false false false false false false false false false false false false true true false true false false false false false false false false false true true true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true false false false NC X X NICK REED 3367289200 525 VINE STREET SUITE 240 WINSTONSALEM NC 27101 MARK OWENS PRESIDENT/CE 1.00 40.00 X 0 278250 22840 NICK REED CFO 2.00 38.00 X 0 157753 19016 LAURA LEE SVP OF ECONO 0.00 40.00 X 0 128400 18167 AJAY PATEL TRUSTEE 1.00 X 0 0 0 BRENT WADDELL TRUSTEE 1.00 X 0 0 0 APRILLE BELL TRUSTEE 1.00 X 0 0 0 ROB SIMON TRUSTEE 1.00 X 0 0 0 DAVID NEILL BOARD CHAIR 1.00 X X 0 0 0 JOHN DAVENPORT TREASURER 1.00 X X 0 0 0 564403 60023 false true false 348804 348804 65 65 348869 65 365875 365875 78175 78175 66838 66838 574 574 194 194 EVENTS 9203 9203 MISCELLANEOUS 1322 1322 522181 520091 2090 0 374459 389125 648405 490208 35000 23418 1046282 914333 229335 223000 47698 229335 270698 X 952 34040 815995 609595 816947 643635 1046282 914333 -173312 X false true X true false X 60850 40898 1726999 102500 348804 2280051 60850 40898 1726999 102500 348804 2280051 525765 1754286 5 1 6 65 77 100 1 101 2280229 0.76930 0.77870 X PART II, LINE 10 OTHER INCOME 101 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE TO RELATED ORGANIZATIONS 47698 47698 X 381653 32784 32784 348869 348869 554965 32784 32784 522181 522181 SCHEDULE D, PAGE 3, PART X GREATER WINSTON-SALEM INC. FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, INCOME TAX EXPENSE IS LIMITED TO ACTIVITIES THAT ARE DEEMED BY THE INTERNAL REVENUE SERVICE TO BE UNRELATED TO THEIR EXEMPT PURPOSE. THE ORGANIZATION'S PRIMARY TAX POSITIONS RELATE TO ITS STATUS AS A NOT- FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES AND CLASSIFICATION OF ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. IT IS THE OPINION OF MANAGEMENT THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE ORGANIZATION IS REQUIRED TO FILE A FEDERAL EXEMPT ORGANIZATION TAX RETURN (FORM 990) ANNUALLY TO RETAIN ITS EXEMPT STATUS. THE ORGANIZATION IS ALSO REQUIRED TO FILE AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) FOR ANY YEAR UNRELATED BUSINESS INCOME EXCEEDS 1,000. THE ORGANIZATION'S FORM 990 FILINGS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS AFTER THEY ARE FILED. true BAILEY PRESCHOOL 1300 POLO ROAD WINSTONSALEM NC 27106 134224004 20000 BUSINESS MINORITY PR CREANDO FAMILIES FELICES LLC 1225 E 5TH STREET SUITE 100 WINSTONSALEM NC 27101 850948190 20000 BUSINESS MINORITY PR DOVE INNERCITY NOTARY LLC 5142 IVYSTONE LANE WINSTONSALEM NC 27104 861624275 20000 BUSINESS MINORITY PR SHERMAN'S DROP IN INC 2101 PETERS CREEK PKWY WINSTONSALEM NC 27127 833134241 10000 BUSINESS MINORITY PR ABLE TRANSPORTATION SERVICES LLC 153 WOODBRIAR ROAD WINSTONSALEM NC 27106 874038621 15000 BUSINESS MINORITY PR RUBYG'S BUTTERCREME SENSATIONS 2050 INDEPENDENCE ROAD WINSTONSALEM NC 27106 843217729 15000 BUSINESS MINORITY PR ONDREA DIGNITY PRODUCTS INC 1409 PLAZA WEST ROAD SUITE D WINSTONSALEM NC 27103 562101380 15000 BUSINESS MINORITY PR LANDAMUR INC 2928 DAHILA DRIVE WINSTONSALEM NC 27107 852912418 15000 BUSINESS MINORITY PR WINSTON-SALEM TEES LLC 3714 INDIANA AVE WINSTONSALEM NC 27105 901180934 10000 BUSINESS MINORITY PR TEAM J CONSTRUCTION LLC 3860 DAYTON STREET WINSTONSALEM NC 27105 473589259 10000 BUSINESS MINORITY PR INFINITY CARE LLC 3640 WESTGATE CENTER CIR SUITE A WINSTONSALEM NC 27103 821997919 10000 BUSINESS MINORITY PR 11 BUSINESS MINORITY PROGRAM 2 25000 WEAVER FIRE GRANT 34 51000 STUDENT INCENTIVES 10 2175 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION HAS IMPLEMENTED POLICIES AND PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THAT ARE INTENDED TO ESTABLISH APPROPRIATE AND EFFECTIVE CONTROLS TO PROMOTE COMPLIANCE WITH ALL CONTRACTUAL ARRANGEMENTS. PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INCLUDE BUT ARE NOT LIMITED TO A FORMAL PREQUALIFICATION PROCESS, COMPLIANCE CERTIFICATIONS, REVIEW OF FINANCIAL AND OTHER PERTINENT INFORMATION FROM A RECIPIENT TO ENSURE COMPLIANCE AND DELIVERABLES ARE WITHIN THE TERMS AND CONDITIONS OF THE AWARD DOCUMENT. false false false false false false false false false MARK OWENS PRESIDENT/CEO 238000 12500 27750 14280 8560 301090 NICK REED CFO 140000 10000 7753 14000 5016 176769 FORM 990 - ORGANIZATION'S MISSION TO CARRY OUT THOSE ACTIVITIES IN THE INTEREST OF THE PEOPLE OF WINSTON- SALEM AND FORSYTH COUNTY AND WHICH ARE OF A PHILANTHROPIC AND ELEEMOSYNARY NATURE FOCUSING ON ENTREPRENEURIAL GRANT INITIATIVE TO SUPPORT THE GROWTH OF WINSTON-SALEM'S BUSINESSES AND INNOVATION ECONOMY. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO FILING, THE FEDERAL FORM 990 IS REVIEWED AND APPROVED BY THE FILING ORGANIZATIONS BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REQUIRES DIRECTORS AND OFFICERS TO ANNUAL REVIEW THE ORGANIZATIONS' CONFLICT OF INTEREST POLICY AND DISCLOSE ANNUALLY (AND AS THEY ARISE) ANY POTENTIAL CONFLICTS OF INTEREST. THE POLICY PROVIDES FOR THE DETERMINATION OF CONFLICTS OF INTEREST AND THE RESOLUTION OF POTENTIAL AND ACTUAL CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE TO THE PUBLIC ON WWW.GUIDESTAR.ORG. GUIDESTAR INDEPENDENTLY POSTS TAX-EXEMPT ORGANIZATION'S FORM 990 ON THEIR WEBSITE, OBTAINED FROM THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC ON REQUEST AND ARE AVAILABLE ON THE WEBSITE OF THE NORTH CAROLINA SECRETARY OF STATE. THE ORGANIZATIONS BYLAWS ARE NOT PUBLISHED, BUT PROVISIONS FROM THE BYLAWS ARE INCLUDED AS NECESSARY IN THE ORGANIZATIONS POLICIES. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST. GREATER WINSTON-SALEM INC 525 VINE STREET SUITE 240 WINSTONSALEM NC 27101 560459820 SEE PT VII NC 501C6 NA false GREATER WINSTON-SALEM DEVELOPMENT CORP 525 VINE STREET SUITE 240 WINSTONSALEM NC 27101 510436665 SEE PT VII NC 501C3 7 SEE PT VII true false false false false false false false false false false false false false true true true true true true SCHEDULE R PART II, PRIMARY ACTIVITY: GREATER WINSTON-SALEM INC.: TO PROMOTE AND ENCOURAGE BUSINESS DEVELOPMENT IN WINSTON-SALEM AND FORSYTH COUNTY. GREATER WINSTON-SALEM DEVELOPMENT CORP.: TO RECRUIT NEW BUSINESSES TO WINSTON-SALEM AND FORSYTH COUNTY TO FACILITATE GROWTH AND ECONOMIC DIVERSIFICATION IN THE AREA. PART II, CONTROLLING ENTITY: GREATER WINSTON-SALEM INC. DEVELOPMENT CORP: GREATER WINSTON-SALEM INC.