Civic Intelligence

Creative Corridors Coalition

EIN 27-2760328 • 501(c)3 • Winston Salem, NC

Profile

To provide community input into the design planning and construction of roadway infrastructure projects in and around downtown winston-salem

500 W 5th St Ste 800Winston Salem, NC 27101

www.creativecorridors.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.01x

Higher debt load relative to assets than 74% of similar nonprofits.

NTEE S21 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.01x

Higher debt load relative to revenue than 74% of similar nonprofits.

NTEE S21 • <$500k nonprofits • Source year 2024

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

NTEE S21 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S21 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

209%

Faster asset growth than 97% of similar nonprofits.

NTEE S21 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

68%

Faster revenue growth than 85% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$237,921

Up $161,030 (+209%) from 2023

Liabilities

Down

$3,198

Down $12,748 (-80%) from 2023

Net Assets

Up

$234,723

Up $173,778 (+285%) from 2023

Revenue

Up

$256,643

Up $103,935 (+68%) from 2023

Expenses

Down

$93,465

Down $36,330 (-28%) from 2023

Net Income

Up

$163,178

Up $140,265 (+612%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2020: $8,759Liabilities 2020: $0Net Assets 2020: $8,7592020Assets 2021: $76,446Liabilities 2021: $0Net Assets 2021: $76,4462021Assets 2022: $38,295Liabilities 2022: $263Net Assets 2022: $38,0322022Assets 2023: $76,891Liabilities 2023: $15,946Net Assets 2023: $60,9452023Assets 2024: $237,921Liabilities 2024: $3,198Net Assets 2024: $234,7232024

Highlighted filing

2024

Assets$237,921
Liabilities$3,198
Net Assets$234,723

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $0Expenses 2020: $6,995Net Income 2020: -$6,9952020Revenue 2021: $221,269Expenses 2021: $153,582Net Income 2021: $67,6872021Revenue 2022: $69,134Expenses 2022: $107,547Net Income 2022: -$38,4132022Revenue 2023: $152,708Expenses 2023: $129,795Net Income 2023: $22,9132023Revenue 2024: $256,643Expenses 2024: $93,465Net Income 2024: $163,1782024

Highlighted filing

2024

Revenue$256,643
Expenses$93,465
Net Income$163,178

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 15, 2025
Return Version
2024v5.0
Gross Receipts
$256,643
Mission and Program Overview

Mission

To gather community input into the design, planning and construction of roadway infrastructure projects in and around downtown winston-salem, nc

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$102,476-
Pledges and Grants Receivable$29,050$75,136▲ $46,086
Cash and Non-Interest-Bearing Accounts$47,841$59,934▲ $12,093
Prepaid Expenses and Deferred Charges-$375-
Total Assets$76,891$237,921▲ $161,030
Liabilities
Accounts Payable and Accrued Expenses$15,946$3,198▼ $12,748
Total Liabilities$15,946$3,198▼ $12,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,799$151,327▲ $96,528
Net Assets With Donor Restrictions$6,146$83,396▲ $77,250
Total Net Assets Fund Balance$60,945$234,723▲ $173,778
Total Liabilities and Net Assets / Fund Balance$76,891$237,921▲ $161,030
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$254,167
Program Service Revenue
$0
Investment Income
$2,476
Other Revenue
$0
All Other Contributions
$254,167
Change in Net Assets
$163,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$73,151
Total Fundraising Expense$43,903
Salaries, Compensation, and Employee Benefits$20,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$13,428-$43,903$57,331
Other Salaries and Wages-$20,314-$20,314
Fees for Services Accounting-$5,750-$5,750
Office Expenses$2,427$1,879-$4,306
Occupancy-$2,063-$2,063
Travel-$1,674-$1,674
Insurance-$1,422-$1,422
Conferences and Meetings$428--$428
Other Expenses$177--$177
Total Functional Expenses$16,460$33,102$43,903$93,465
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The return is presented to the board prior to filing

Form 990, Page 6, Part VI, Line 12C

Per the organization's by-laws, a director shall inform the board of any direct or indirect conflicts of interest. A conflict of interest exists where: 1)a director has a material interest; or 2)the director is serving as a director, trustee or partner of another party related to the organization.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflicts of interest policy, and financial statements available on its website www.creativecorridors.org

Filing and Contact Details

Filer

Filer Name
Creative Corridors Coalition
EIN
27-2760328
Phone
3364073147
Address
500 W 5TH ST STE 800, WINSTON SALEM, NC 27101

Signing Officer

Name
Christie Williams
Title
Board Chair
Phone
3364073147
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christie Williams
Formed
2010
Legal Domicile
Nc
Voting Board Members
31
Independent Board Members
31
Employees
0
Volunteers
31

Preparer

Firm
Gatewood Bagley & Huffman Cpas Pc
Address
2000 W FIRST ST STE 411, WINSTON SALEM, NC 27104-4224
Preparer
Katherine E Bagley
Phone
3367244446
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
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