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Nonprofit · EIN 20-3536704

NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION

Tax-exempt · WINSTON SALEM, NC 27115

Financials

$6.1M$3.6M2023$11M$3.7M2024
Revenue Expenses · by fiscal year end
Financials of NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,031,787$3,686,480$7,345,307$87,903,299$55,159$87,848,140
December 31, 2023990$6,071,905$3,606,632$2,465,273$75,694,153$78,161$75,615,992
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,000,000
Program service revenue
$0
Investment income
$2,031,787
Net gain from sales of assets
$158,894
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,502,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$3,502,000
Management and general (functional)
$184,480

Balance sheet and other

Total assets, start of year
$75,694,153
Total assets, end of year
$87,903,299
Total liabilities, end of year
$55,159
Net assets, end of year
$87,848,140
Publicly traded securities
$60,934,475
Net assets without donor restrictions
$87,848,140
Gross receipts
$11,031,787
Employees
0
Volunteers
6
Year formed
2005
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BARBARA MAIDA-STOLLEDIRECTOR, EX-OFFICIO
Trustee or director
1$0$406,609$58,502
ART GIBELDIRECTOR
Trustee or director
1$0$0$0
GERALD CHURCHDIRECTOR
Trustee or director
1$0$0$0
MICHAEL GUNTERDIRECTOR
Trustee or director
1$0$0$0
SCOTT BAUERDIRECTOR, CHAIR
Officer
1$0$0$0
SCOTT CAWOODDIRECTOR, SECRETARY/TREASURER
Officer
1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BARBARA MAIDA-STOLLEDIRECTOR, EX-OFFICIO
Trustee or director
1$0$427,132$53,367
ART GIBELDIRECTOR
Trustee or director
1$0$0$0
GERALD CHURCHDIRECTOR
Trustee or director
1$0$0$0
GERALD FINLEYDIRECTOR
Trustee or director
1$0$0$0
SCOTT BAUERDIRECTOR, CHAIR
Officer
1$0$0$0
SCOTT CAWOODDIRECTOR, SECRETARY/TREASURER
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 4299, WINSTON SALEM, NC 27115-4299
In care of
% BILLY G WHITAKER
Principal officer (990 for 2024)
Scott Bauer, 2701 University Parkway, WinstonSalem, NC 27115
Signed the 990
Scott Bauer, Board Chair
Phone
(336) 724-3621
Return prepared by
Forvis Mazars LLP

Mission

SUPPORT GOODWILL INDUSTRIES OF NORTHWEST NORTH CAROLINA, INC. WITH WORKFORCE DEVELOPMENT, RETAIL OPERATIONS AND CONTRACT SERVICES.

990 for the year ended December 31, 2024

Program accomplishments

  • IN COMPLIANCE WITH ITS PURPOSE OF PROVIDING CAPITAL AND PROGRAMMATIC RESOURCES TO GOODWILL INDUSTRIES OF NORTHWEST NORTH CAROLINA, INC., THE FOUNDATION PROVIDED CASH GRANTS IN 2024 OF $3,502,000. THE GRANTS WERE USED TO FUND GOODWILL MISSION SERVICE PROGRAMS INCLUDING CAREER CONNECTION CENTERS, WHICH ASSISTS INDIVIDUALS IN FINDING EMPLOYMENT, AND PROJECT RE-ENTRY, WHICH ASSISTS INDIVIDUALS RECENTLY RELEASED FROM PRISION TO RE-ENTER THE JOB MARKET. IN ADDITION, GRANT MONIES WERE USED TO PROVIDE CAPITAL FOR GOODWILL INITIATIVES DESIGNED TO SUSTAIN MISSION FUNDING.
    Expenses $3,502,000 · grants $3,502,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3536704
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$87,903,299
Income (IRS master file)
$11,031,787

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,031,787$3,686,480$87,903,299XML
990December 2023$6,071,905$3,606,632$75,694,153XML
990December 2022$5,698,499$3,563,177$66,479,819IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3536704).

Questions about NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION

What is the EIN of NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION?
The employer identification number (EIN) of NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION is 20-3536704.
Is NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 names Scott Bauer.
Who are the officers and directors of NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does NORTHWEST NORTH CAROLINA COMMUNITY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,031,787, expenses of $3,686,480 and total assets of $87,903,299 at year end.

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