Greater Winston-Salem Development Corp
To recruit new businesses to winston-salem and Forsyth county in order to facilitate growth and economic diversification in the area.
Key facts about Greater Winston-Salem Development Corp
In short: Greater Winston-Salem Development Corp gave $122K across 6 grants in 2024 (avg $20K), mostly in North Carolina. Source: 2024 IRS Form 990.
- EIN
- 51-0436665
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $122,000
- Grants made (2024)
- 6
- Average grant
- $20,333
- Median grant
- $12,000
- Total assets
- $2,110,610
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$2.1M
-0.2% YoY
Annual Giving
$122K
+144.0% YoY
Grant Count
6
+500.0% YoY
Avg Grant Size
$20K
-59.3% YoY
About Greater Winston-Salem Development Corp
Based on IRS filings
Greater Winston-Salem Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Winston-Salem, NC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 6 grants totaling $122K. Net investment income was $69K.
Focus Areas
Open Grants
8 open opportunities from Greater Winston-Salem Development Corp
Aspire Internship Program
Greater Winston-Salem Development Corp
Amount
Varies
Deadline
Rolling / Open
Duke Energy Citizenship & Service Award
Greater Winston-Salem Development Corp
Amount
Varies
Deadline
Rolling / Open
Leadership Awards
Greater Winston-Salem Development Corp
Amount
Varies
Deadline
Rolling / Open
Ready to take the next step with Greater Winston-Salem Development Corp?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $50K (2023) to $122K (2024). In 2024 it made 6 grants totaling $122K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Greater Winston-Salem Inc ($59K). Together the top 6 received $122K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 5 grants of 7 (71%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Winston-Salem Inc Winston-Salem, NC | Entrepreneurial | $59,300 |
| Goler Community Development Corpora Winston-Salem, NC | Entrepreneurial | $25,000 |
| Winston Starts Winston-Salem, NC | Entrepreneurial | $15,000 |
| Communidad Mujer Valiosa Winston-Salem, NC | Entrepreneurial | $9,000 |
| SG Atkins Community Development Cor Winston-Salem, NC | Entrepreneurial | $7,500 |
| Flywheel Foundation Winston-Salem, NC | Entrepreneurial | $6,200 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,110,610 | $2,114,188 | $1,389,916 |
| Revenue | $818,444 | $1,620,487 | $791,137 |
| Expenses | $1,028,564 | $909,476 | $808,007 |
| Net Investment Income | $68,698 | $66,266 | $15,942 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS May 11, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 22, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Greater Winston-Salem Development Corp is led by Mark Owens, President on every filing since 2020; none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark Owens
President
On filings since 2020
16 hrs/week
$93K (2020) → $0 (2024)
Cathy Pace
Chair
Vice Chair → Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Elwood Robinson
Trustee
Director → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
David Neill
Trustee
Chair → Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
Mamie Sutphin
Trustee
On filings since 2021
1 hr/week
No compensation reported
Steve Lineberger
Trustee
On filings since 2021
1 hr/week
No compensation reported
Coleman Team
Trustee
On filings since 2023
1 hr/week
No compensation reported
Sam Metzler
Trustee
On filings since 2023
1 hr/week
No compensation reported
Nick Reed
CFO
Chief Financial Officer → CFO, 2021
On filings since 2020
12 hrs/week
$39K (2020) → $0 (2024)
Janet N. Spriggs
Secretary
Director → Secretary, 2021
On filings since 2019
1 hr/week
No compensation reported
Mike Lancaster
Chair Elect
Director → Chair Elect, 2023
On filings since 2019
1 hr/week
No compensation reported
Aprille Bell
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (28)
- Former: Todd Hall (2019–2023) — Trustee
- Former: Laura Lee (2021–2023) — Senior Vice President of Econo
- Former: John Davenport (2020–2022) — Treasurer
- Former: Jeff Lindsay (2019–2021) — Trustee
- Former: Cantey Alexander (2019–2020) — Chair
- Former: Donald E. Flow (2019–2020) — Director
- Former: G. William Joyner III (2019–2020) — Director
- Former: J. Allen Joines (2019–2020) — Director
- Former: Jerry Cook (2019–2020) — Director
- Former: Jimmy Flythe (2019–2020) — Past Chairman
- Former: Jonathan Chase (2019–2020) — Director
- Former: Julie A. Freischlag MD (2019–2020) — Director
- Former: Kenneth Basch (2019–2020) — Director
- Former: Leigh C. Bagley (2019–2020) — Director
- Former: Robert E. Leak Jr. (2019–2020) — President
- Former: Robert Egleston (2019–2020) — Director
- Former: Scott Sewell (2019–2020) — Secretary
- Former: Stephen C. Koelsch (2019–2020) — Vice Chairman
- Former: Ted Kaplan (2019–2020) — Director
- Former: Trent Jernigan (2019–2020) — Director
- Former: Hap Royster (2019) — Director
- Former: John Tripp S. Wilson III (2019) — Director
- Former: Ken Walker (2019) — Director
- Former: Lisa Venable (2019) — Director
- Former: Michael Rogers (2019) — Director
- Former: Michael Suggs (2019) — Director
- Former: Rob Welch (2019) — Director
- Former: Wrenn Wells (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $497K, to Robert E Leak Jr ((President End. 4/1/20)). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Greater Winston-Salem Development Corp
How much does Greater Winston-Salem Development Corp give each year?
Greater Winston-Salem Development Corp gave $122K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $50K across 1 grant.
What is Greater Winston-Salem Development Corp's typical grant size?
Greater Winston-Salem Development Corp's median grant in 2024 was $12,000, and its average grant was $20,333, across 6 grants on its 2024 IRS Form 990.
Where does Greater Winston-Salem Development Corp give grants?
Greater Winston-Salem Development Corp gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Winston-Salem, NC (6 grants).
Does Greater Winston-Salem Development Corp give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Greater Winston-Salem Development Corp's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Entrepreneurial" (6 grants).
Who are Greater Winston-Salem Development Corp's largest grantees?
Greater Winston-Salem Development Corp's largest 2024 grantees include Greater Winston-Salem Inc ($59,300), Goler Community Development Corpora ($25,000) and Winston Starts ($15,000), according to its 2024 IRS Form 990. Together they received 81% of its itemized 2024 grant dollars.
How large is Greater Winston-Salem Development Corp?
Greater Winston-Salem Development Corp reported $2.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $818K.
What is Greater Winston-Salem Development Corp?
Greater Winston-Salem Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Winston-Salem, NC. It holds $2.1M in total assets as of 2024.
What is Greater Winston-Salem Development Corp's EIN?
Greater Winston-Salem Development Corp's EIN (Employer Identification Number) is 51-0436665. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Greater Winston-Salem Development Corp by hand.
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Greater Winston-Salem Development Corp down — hundreds of funders to go?