2025-11-17T12:50:39-05:00 2024-12-31 561138530 BUTLER BURKE LLP 100 CLUB OAKS COURT SUITE A WINSTONSALEM NC 27104 990 2024-01-01 510167887 GREATER WINSTON-SALEM INC FOUNDATION GREA 3367289200 525 VINE STREET SUITE 240 WINSTONSALEM NC 27101 MARK OWENS PRESIDENT/CEO 3367289200 2025-11-15 true false JANE R POTTER P01057495 3367682310 2025-11-15 2024 2025-03-06 01:10:19Z MARK OWENS 525 VINE STREET SUITE 240 WINSTONSALEM NC 27101 100783 false X WWW.WINSTONSALEM.COM X 1975 NC REPRESENT THE GREATER WINSTON-SALEM'S PHILANTHROPIC AND ELEEMOSYNARY INTERESTS. 7 7 0 100 0 60130 100726 0 117 57 0 60247 100783 219600 293863 0 58462 8750 0 0 121747 43703 399809 346316 -339562 -245533 754936 568594 450863 510054 304073 58540 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 346316 293863 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. 346316 true true false false false false false false false false false false false true 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 13 0 0 false false false false false false false false false false false false X 7 7 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 332810 25450 NICK REED CFO 2.00 38.00 X 0 168050 22455 AJAY PATEL TRUSTEE 1.00 X 0 0 0 BRENT WADDELL TRUSTEE 1.00 X 0 0 0 ROB SIMON TRUSTEE 1.00 X 0 0 0 KATIE POWER TRUSTEE 1.00 X 0 0 0 STEVE BAGLEY TRUSTEE 1.00 X 0 0 0 CATHY PACE BOARD CHAIR 1.00 X X 0 0 0 APRILLE BELL TREASURER 1.00 X X 0 0 0 500860 47905 false true false 100726 100726 57 57 100783 57 278863 278863 15000 15000 8750 8750 MISCELLANEOUS 40053 40053 EVENTS 3650 3650 346316 346316 0 0 414982 421380 305240 112500 34714 34714 754936 568594 219600 265000 231263 245054 450863 510054 X 46578 48583 257495 9957 304073 58540 754936 568594 -245533 X false true X true false X 1626999 102500 348804 60130 100726 2239159 1626999 102500 348804 60130 100726 2239159 591899 1647260 6 65 117 57 245 1 57 58 2239462 0.73560 0.74010 X PART II, LINE 10 OTHER INCOME 58 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE FROM RELATED ORGANIZATION 34714 34714 DUE TO RELATED ORGANIZATIONS 245054 245054 X 131542 30759 30759 100783 100783 377075 30759 30759 346316 346316 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 AWAKE CUSTOM REMODELING 335 HOLLOW ROAD WINSTONSALEM NC 27105 472346009 15000 BUSINESS MINORITY PR BELLA SOL MEDICAL SPA PLLC 2806 REYNOLDA ROAD NUM 175 WINSTONSALEM NC 27106 863799472 10000 BUSINESS MINORITY PR CAM'S COFFEE CO 5125 BUTTERFILED DR WINSTONSALEM NC 27106 830683708 15000 BUSINESS MINORITY PR CISCO SITE SERVICES LLC 2310 MULLINS DRIVE WINSTONSALEM NC 27107 842206887 18000 BUSINESS MINORITY PR DYNAMIC COLLISION LLC 605 KINGSBERRY PARK DR WINSTONSALEM NC 27107 832974122 20000 BUSINESS MINORITY PR FORSYTH COUNTY 201 N CHESTNUT ST WINSTONSALEM NC 27101 561070364 GOV 6045 ASPIRE PROGRAM FORSYTH TECH 2100 SILAS CREEK PKWY WINSTONSALEM NC 27127 561070364 GOV 12225 ASPIRE PROGRAM HOPE COUNSELING & CONSULTING SERVIC 810 AKRON DR WINSTONSALEM NC 27105 461725669 18000 BUSINESS MINORITY PR LELO'S CUBAN CAFE 2069 PEMBROKE FOREST DRIVE WINSTONSALEM NC 27106 881522497 15000 BUSINESS MINORITY PR LILLY'S NETWORK 1715 BREWER ROAD WINSTONSALEM NC 27127 811679325 10000 BUSINESS MINORITY PR NATA BELLES 456 KNOLLWOOD STREET WINSTONSALEM NC 27103 871570621 12000 BUSINESS MINORITY PR PRIME CHOICE PHYSICAL THERAPY LLC 7820 NORTH POINT BLVD STE 107 WINSTONSALEM NC 27106 871405389 7000 BUSINESS MINORITY PR PURPOSEFUL PEDIATRICS PLLC 2509A LEWISVILLE CLEMMONS RD 1004 CLEMMONS NC 27012 932673439 18000 BUSINESS MINORITY PR SANDRA'S FAMILY CHILD CARE 1603 PARAGON DRIVE WINSTONSALEM NC 27127 472998246 10000 BUSINESS MINORITY PR SMITH'S PRIMARY CARE AND WELLNESS 2200 SILAS CREEK PARKWAY STE 6B WINSTONSALEM NC 27103 874546674 18000 BUSINESS MINORITY PR SOUTHSIDE DISCOUNT PHARMACY 1761 TIMBER COVE CT WINSTONSALEM NC 27127 455225227 18000 BUSINESS MINORITY PR TORO TRENCHING LLC 7021 RED BANK RD GERMANTON NC 27019 862986376 10000 BUSINESS MINORITY PR 2 15 BUSINESS MINORITY PROGRAM 1 15000 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 259480 38950 34380 15569 9881 358260 25000 NICK REED CFO 150000 12000 6050 15000 7455 190505 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.