Civic Intelligence

Greater Winston-Salem

EIN 51-0436665 • 501(c)3 • Winstonsalem, NC

View Organization Page

Profile

To recruit new businesses to winston-salem and forsyth county in order to facilitate growth and economic diversification in the area.

525 Vine Street Suite 240Winstonsalem, NC 27101

www.winstonsalem.com

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.11x

Higher debt load relative to assets than 42% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.29x

Higher debt load relative to revenue than 58% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Source year 2024

Net Margin

12th percentile

-26%

Higher net margin than 12% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$358,260

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 43.8% of source-year revenue.

NTEE S • $1M-$5M nonprofits • Source year 2024

Asset Growth

36th percentile

-0.2%

Faster asset growth than 36% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-49%

Faster revenue growth than 6% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$2,110,610

Down $3,578 (-0.2%) from 2023

Liabilities

Up

$234,589

Up $153,576 (+190%) from 2023

Net Assets

Down

$1,876,021

Down $157,154 (-7.7%) from 2023

Operations
Liabilities / Revenue58th percentileNet Margin12th percentile

Revenue

Down

$818,444

Down $802,043 (-49%) from 2023

Expenses

Up

$1,028,564

Up $119,088 (+13%) from 2023

Net Income

Down

-$210,120

Down $921,131 (-130%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,895,920Liabilities 2010: $59,936Net Assets 2010: $1,835,9842010Assets 2011: $1,953,802Liabilities 2011: $161,537Net Assets 2011: $1,792,2652011Assets 2012: $3,774,556Liabilities 2012: $1,862,150Net Assets 2012: $1,912,4062012Assets 2013: $3,680,033Liabilities 2013: $1,647,633Net Assets 2013: $2,032,4002013Assets 2014: $3,695,333Liabilities 2014: $1,537,859Net Assets 2014: $2,157,4742014Assets 2015: $3,871,470Liabilities 2015: $1,690,349Net Assets 2015: $2,181,1212015Assets 2016: $3,904,892Liabilities 2016: $1,682,849Net Assets 2016: $2,222,0432016Assets 2017: $4,095,332Liabilities 2017: $1,844,809Net Assets 2017: $2,250,5232017Assets 2018: $6,740,464Liabilities 2018: $3,997,998Net Assets 2018: $2,742,4662018Assets 2019: $5,323,722Liabilities 2019: $2,470,450Net Assets 2019: $2,853,2722019Assets 2020: $1,818,161Liabilities 2020: $57,261Net Assets 2020: $1,760,9002020Assets 2021: $1,483,788Liabilities 2021: $127,818Net Assets 2021: $1,355,9702021Assets 2022: $1,389,916Liabilities 2022: $91,973Net Assets 2022: $1,297,9432022Assets 2023: $2,114,188Liabilities 2023: $81,013Net Assets 2023: $2,033,1752023Assets 2024: $2,110,610Liabilities 2024: $234,589Net Assets 2024: $1,876,0212024

Highlighted filing

2024

Assets$2,110,610
Liabilities$234,589
Net Assets$1,876,021
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $503,674Expenses 2010: $596,512Net Income 2010: -$92,8382010Expenses 2011: $548,7392011Expenses 2012: $596,3532012Revenue 2013: $729,878Expenses 2013: $609,884Net Income 2013: $119,9942013Revenue 2014: $709,431Expenses 2014: $584,357Net Income 2014: $125,0742014Revenue 2015: $647,469Expenses 2015: $623,822Net Income 2015: $23,6472015Revenue 2016: $714,071Expenses 2016: $673,149Net Income 2016: $40,9222016Revenue 2017: $707,196Expenses 2017: $678,716Net Income 2017: $28,4802017Revenue 2018: $1,167,246Expenses 2018: $675,303Net Income 2018: $491,9432018Revenue 2019: $939,883Expenses 2019: $829,077Net Income 2019: $110,8062019Revenue 2020: $454,726Expenses 2020: $1,547,098Net Income 2020: -$1,092,3722020Revenue 2021: $628,246Expenses 2021: $1,042,946Net Income 2021: -$414,7002021Revenue 2022: $791,137Expenses 2022: $808,007Net Income 2022: -$16,8702022Revenue 2023: $1,620,487Expenses 2023: $909,476Net Income 2023: $711,0112023Revenue 2024: $818,444Expenses 2024: $1,028,564Net Income 2024: -$210,1202024

Highlighted filing

2024

Revenue$818,444
Expenses$1,028,564
Net Income-$210,120
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,110,610
Liabilities
$234,589
Net assets
$1,876,021
Revenue
$818,444
Expenses
$1,028,564
Net income
-$210,120
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.23$1.88$0.82$1.03$0.21
2023Detailed filing. Detailed filing data is available for this year.$2.11$0.08$2.03$1.62$0.91$0.71
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.09$1.30$0.79$0.81$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.13$1.36$0.63$1.04$0.41
2020Detailed filing. Detailed filing data is available for this year.$1.82$0.06$1.76$0.45$1.55$1.09
2019Detailed filing. Detailed filing data is available for this year.$5.32$2.47$2.85$0.94$0.83$0.11
2018Detailed filing. Detailed filing data is available for this year.$6.74$4.00$2.74$1.17$0.68$0.49
2017Detailed filing. Detailed filing data is available for this year.$4.10$1.84$2.25$0.71$0.68$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.90$1.68$2.22$0.71$0.67$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.87$1.69$2.18$0.65$0.62$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.70$1.54$2.16$0.71$0.58$0.13
2013Detailed filing. Detailed filing data is available for this year.$3.68$1.65$2.03$0.73$0.61$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$1.86$1.91$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.16$1.79$0.55
2010Summary only. Only limited summary data is available for this year.$1.90$0.06$1.84$0.50$0.60$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$818,444
Mission and Program Overview

Mission

To recruit new businesses to winston-salem and forsyth county in order to facilitate growth and economic diversification in the area.

To facilitate growth and economic diversification in winston-salem and forsyth county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,219,594$1,178,392▼ $41,202
Investments Other Securities$628,632$703,383▲ $74,751
Cash and Non-Interest-Bearing Accounts$184,184$214,950▲ $30,766
Accounts Receivable$25,500--
Land, Buildings, and Equipment, Net$15,288$11,745▼ $3,543
Prepaid Expenses and Deferred Charges$40,990$2,140▼ $38,850
Total Assets$2,114,188$2,110,610▼ $3,578
Liabilities
Other Liabilities$73,425$225,956▲ $152,531
Accounts Payable and Accrued Expenses$7,588$8,633▲ $1,045
Total Liabilities$81,013$234,589▲ $153,576
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,212,915$1,109,388▼ $103,527
Net Assets With Donor Restrictions$820,260$766,633▼ $53,627
Total Net Assets Fund Balance$2,033,175$1,876,021▼ $157,154
Total Liabilities and Net Assets / Fund Balance$2,114,188$2,110,610▼ $3,578

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,490$13,029$17,519
Land$7,255-$7,255
Other Securities$703,383--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Mark OwensPresident/cePT$358,260$358,260

Board Members and Trustees

NameTitle
Cathy PaceChair
Mike LancasterChair Elect
Mark OwensPresident/CEO
Coleman TeamTrustee
David NeillTrustee
Elwood RobinsonTrustee
Mamie SutphinTrustee
Sam MetzlerTrustee
Steve LinebergerTrustee
Nick ReedCFO
Dr Janet SpriggsSecretary
Aprille BellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$748,403
Program Service Revenue
$0
Investment Income
$68,698
Other Revenue
$1,343
All Other Contributions
$161,498
Change in Net Assets
$-210,120

Audited Revenue Reconciliation

Revenue per Audited Statements
$816,095
Revenue Not Reported on Financial Statements
$2,349
Revenue Not Reported on Form 990
$52,966
Total Revenue per Audited Statements
$869,061
Total Revenue per Form 990
$818,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$633,837
Other Expenses$249,727
Grants and Similar Amounts Paid$145,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$228,039$97,394-$325,433
Other Salaries and Wages$165,870$66,359-$232,229
Grants to Domestic Orgs$145,000--$145,000
Advertising$54,975--$54,975
Payroll Taxes$22,545$10,261-$32,806
Occupancy$13,057$13,414-$26,471
Other Employee Benefits$17,225$8,411-$25,636
Office Expenses$6,976$17,836-$24,812
Pension Plan Contributions$12,637$5,096-$17,733
Travel$12,244$4,473-$16,717
Conferences and Meetings$10,515$995-$11,510
Other Expenses$4,392$3,314-$7,706
Fees for Services Accounting$3,285$1,848-$5,133
Insurance$3,165$1,781-$4,946
Fees for Services Legal$2,560$1,440-$4,000
Fees for Services Other$3,824--$3,824
Depreciation Depletion$2,303$1,240-$3,543
Fees for Service Investment Mgmnt Fees-$2,349-$2,349
All Other Expenses-$1,954-$1,954
Total Functional Expenses$790,198$238,366$0$1,028,564

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,028,564
Expenses per Audited Statements$1,026,215
Total Expenses per Audited Statements$1,026,215
Expenses Not Reported on Financial Statements$2,349
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Winston-salem IncWinstonsalem, NC501c6Entrepreneurial$59,300
Goler Community Development CorporaWinstonsalem, NC501c3Entrepreneurial$25,000
Winston StartsWinstonsalem, NC501c3Entrepreneurial$15,000
Communidad Mujer ValiosaWinstonsalem, NC501c3Entrepreneurial$9,000
Sg Atkins Community Development CorWinstonsalem, NC501c3Entrepreneurial$7,500
Flywheel FoundationWinstonsalem, NC501c3Entrepreneurial$6,200
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Organizations$225,956
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The federal form 990 is reviewed and approved by the filing organization's finance committee. The final 990 is made available to all board of directors once approved by the finance committee and before it is submitted to the irs.”

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 15A

“The board chair is given the authority to recommend an appropriate salary range and benefits package for the president / ceo. The board chair has access to compensation surveys and other market data to ensure that the organization is paying a competitive and reasonable compensation to the president/ceo. The board chair takes the compensation recommendation to the executive committee for formal approval and this information is included in the annual budget that is formally approved by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“See explanation for line 15a.”

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.”

Filing and Contact Details

Filer

Filer Name
Greater Winston-salem
EIN
51-0436665
Phone
3367289200
Address
525 VINE STREET SUITE 240, WINSTONSALEM, NC 27101

Signing Officer

Name
Mark Owens
Title
President/CEO
Phone
3367289200
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Owens
Formed
2003
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
75

Preparer

Firm
Butler Burke Llp
Address
100 CLUB OAKS COURT SUITE A, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization 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 its 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.”

Raw XML AppendixShowing 400 of 599 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIR ELECT
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 33,987
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION 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 ITS 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FLYWHEEL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WINSTON STARTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2GOLER COMMUNITY DEVELOPMENT CORPORA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COMMUNIDAD MUJER VALIOSA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4GREATER WINSTON-SALEM INC

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