Civic Intelligence

Forsyth Economic Ventures Inc.

990T • Fiscal year 2021 • EIN 56-1831053

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 11, 2022

Organization ProfileN/A
500 West Fourth Street Suite 300Winstonsalem, NC 27101

(336) 727-8500

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,676,401Liabilities 2010: $3,601,757Net Assets 2010: $1,074,6442010Assets 2011: $4,403,013Liabilities 2011: $3,444,455Net Assets 2011: $958,5582011Assets 2012: $4,659,216Liabilities 2012: $2,774,086Net Assets 2012: $1,885,1302012Assets 2013: $5,507,559Liabilities 2013: $2,950,167Net Assets 2013: $2,557,3922013Assets 2014: $5,333,360Liabilities 2014: $2,890,806Net Assets 2014: $2,442,5542014Assets 2015: $5,696,165Liabilities 2015: $3,492,196Net Assets 2015: $2,203,9692015Assets 2016: $5,770,620Liabilities 2016: $3,791,174Net Assets 2016: $1,979,4462016Assets 2017: $6,422,826Liabilities 2017: $4,634,301Net Assets 2017: $1,788,5252017Assets 2018: $6,533,584Liabilities 2018: $5,058,470Net Assets 2018: $1,475,1142018Assets 2019: $6,347,522Liabilities 2019: $4,995,159Net Assets 2019: $1,352,3632019Assets 2020: $6,064,098Liabilities 2020: $4,848,100Net Assets 2020: $1,215,9982020Assets 2021: $6,068,972Liabilities 2021: $4,562,649Net Assets 2021: $1,506,3232021Assets 2022: $7,226,365Liabilities 2022: $5,856,145Net Assets 2022: $1,370,2202022Assets 2023: $7,144,584Liabilities 2023: $5,619,785Net Assets 2023: $1,524,7992023Assets 2024: $6,991,152Liabilities 2024: $5,850,017Net Assets 2024: $1,141,1352024

Latest loaded filing

2024

Assets$6,991,152
Liabilities$5,850,017
Net Assets$1,141,135
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $773,2932010Expenses 2011: $780,9382011Expenses 2012: $799,0752012Revenue 2013: $677,463Expenses 2013: $805,201Net Income 2013: -$127,7382013Revenue 2014: $763,846Expenses 2014: $878,684Net Income 2014: -$114,8382014Revenue 2015: $701,890Expenses 2015: $940,475Net Income 2015: -$238,5852015Revenue 2016: $752,396Expenses 2016: $976,919Net Income 2016: -$224,5232016Revenue 2017: $914,176Expenses 2017: $1,150,097Net Income 2017: -$235,9212017Revenue 2018: $1,146,311Expenses 2018: $1,459,722Net Income 2018: -$313,4112018Revenue 2019: $1,187,713Expenses 2019: $1,310,464Net Income 2019: -$122,7512019Revenue 2020: $1,231,883Expenses 2020: $1,368,248Net Income 2020: -$136,3652020Revenue 2021: $1,557,619Expenses 2021: $1,267,137Net Income 2021: $290,4822021Revenue 2022: $1,405,153Expenses 2022: $1,541,256Net Income 2022: -$136,1032022Revenue 2023: $1,666,695Expenses 2023: $1,512,116Net Income 2023: $154,5792023Revenue 2024: $1,382,226Expenses 2024: $1,765,890Net Income 2024: -$383,6642024

Latest loaded filing

2024

Revenue$1,382,226
Expenses$1,765,890
Net Income-$383,664
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 11, 2022
Return Version
2020v1.3
Mission and Program Overview

Mission

In conjunction with the housing authority of winston-salem, to facilitate the organization and administration of innovative projects to provide housing for persons of low and moderate income and improve their quality of life.

Filing and Contact Details

Filer

Filer Name
Forsyth Economic Ventures Inc
EIN
56-1831053
Phone
3367278500
Address
500 WEST FOURTH STREET SUITE 300, WINSTONSALEM, NC 27101

Signing Officer

Name
Kevin Cheshire
Title
Executive Director
Phone
3367278500
Signed
2022-08-11
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Llp
Address
3560 LENOX ROAD NE SUITE 2900, ATLANTA, GA 30326
Preparer
Andrew P Smith CPA
Phone
4048479447
Raw XML Appendix140 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.

Path#Value
IRS990T/BalanceDueAmt036069
IRS990T/BooksInCareOfDetail/PersonNm0NANCY THOMAS
IRS990T/BooksInCareOfDetail/PhoneNum03367278500
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 W 4TH STREET
IRS990T/BooksInCareOfDetail/USAddress/CityNm0WINSTONSALEM
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd027101
IRS990T/BookValueAssetsEOYAmt06068972
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt087167
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/PaidTaxLiabilityAmt00
IRS990TScheduleA/NetOperatingLossDeductionAmt026565
IRS990TScheduleA/NetUnrelatedDebtFincdIncmAmt0286490
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm0ANDREW PERKINS
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm1ALFRED ADAMS
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm2WILLIAM ROSE
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm3KEVIN CHESHIRE
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm4BETSY ANNESE
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm5ART GIBEL
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm6KATHY STITTS
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm7AURTHUR DARK
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm8FELICIA BRINSON
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm9VIVIAN PEREZ CHANDLER
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct00.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct10.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct20.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct30.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct40.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct50.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct60.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct70.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct80.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct90.00000
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt0CHAIRMAN
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt1DIRECTOR
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt2DIRECTOR
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt3SECRETARY/TREASURER
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt4VICE-CHAIRMAN
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt5DIRECTOR
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt6DIRECTOR
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt7DIRECTOR
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt8DIRECTOR
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt9DIRECTOR
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt00
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt10
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt20
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt30
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt40
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt50
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt60
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt70
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt80
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt90
IRS990TScheduleA/PrincipalBusinessActivityCd0531120
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt0674956
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt0961446
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0286490
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0961446
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt0674956
IRS990TScheduleA/TradeOrBusinessDesc0OFFICE SPACE AND PARKING RENTAL
IRS990TScheduleA/UBIBeforeNOLDedAmt0286490
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0259925
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AllocableDeductionAmt0674956
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionAdjBasisPct00.90550
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionDebtAmt01665632
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAdjustedBasisAmt01839442
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeAmt01061785
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeReportableAmt0961446
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/OtherDebtFinancedDeductionAmt0540758
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/StraightLineDepreciationDedAmt0204638
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/TotalDebtFinancedDeductionAmt0745396
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/AddressLine1Txt0500 WEST FOURTH STREE
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/CityNm0WINSTONSALEM
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/StateAbbreviationCd0NC
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/ZIPCd027101
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt036069
IRS990T/TaxLessCreditsAmt036069
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt036069
IRS990T/TotalTaxComputationAmt036069
IRS990T/TotalUBTIAmt0171758
IRS990T/TotalUBTIBeforeNOLSpecificAmt0259925
IRS990T/TotalUBTIBeforeSection199AAmt0172758
IRS990T/TotalUBTIComputedAmt0259925
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN CHESHIRE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03367278500
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORSYTH ECONOMIC VENTURES INC
ReturnHeader/Filer/BusinessNameControlTxt0FORS
ReturnHeader/Filer/EIN0561831053
ReturnHeader/Filer/PhoneNum03367278500
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 WEST FOURTH STREET SUITE 300
ReturnHeader/Filer/USAddress/CityNm0WINSTONSALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027101
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221478099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03560 LENOX ROAD NE SUITE 2900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030326
ReturnHeader/PreparerPersonGrp/PhoneNum04048479447
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW P SMITH CPA
ReturnHeader/ReturnTs02022-08-12T12:10:36-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEVIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHESHIRE
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.99$5.85$1.14$1.38$1.77$0.38
2023Detailed filing. Detailed filing data is available for this year.$7.14$5.62$1.52$1.67$1.51$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.23$5.86$1.37$1.41$1.54$0.14
2021Detailed filing. Detailed filing data is available for this year.$6.07$4.56$1.51$1.56$1.27$0.29
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.
2020Detailed filing. Detailed filing data is available for this year.$6.06$4.85$1.22$1.23$1.37$0.14
2019Detailed filing. Detailed filing data is available for this year.$6.35$5.00$1.35$1.19$1.31$0.12
2018Detailed filing. Detailed filing data is available for this year.$6.53$5.06$1.48$1.15$1.46$0.31
2017Detailed filing. Detailed filing data is available for this year.$6.42$4.63$1.79$0.91$1.15$0.24
2016Detailed filing. Detailed filing data is available for this year.$5.77$3.79$1.98$0.75$0.98$0.22
2015Detailed filing. Detailed filing data is available for this year.$5.70$3.49$2.20$0.70$0.94$0.24
2014Detailed filing. Detailed filing data is available for this year.$5.33$2.89$2.44$0.76$0.88$0.11
2013Summary only. Only limited summary data is available for this year.$5.51$2.95$2.56$0.68$0.81$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$2.77$1.89$0.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$3.44$0.96$0.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$3.60$1.07$0.77