Nonprofit · EIN 56-0459820
GREATER WINSTON-SALEM CHAMBER OF COMMERCE
Tax-exempt · WINSTON SALEM, NC 27101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,743,231 | $2,621,262 | $1,121,969 | $6,313,925 | $2,067,932 | $4,245,993 |
| December 31, 2023 | 990 | $2,788,702 | $2,450,058 | $338,644 | $3,836,667 | $781,896 | $3,054,771 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,192,223
- of which government grants
- $932,433
- Program service revenue
- $1,433,763
- Investment income
- $99,252
- Other revenue
- $17,993
Expenses
- Grants and similar amounts paid
- $348,466
- Compensation of officers, directors and key employees
- $248,331
- Other salaries and wages
- $606,284
- Salaries, compensation and benefits (total)
- $1,244,837
- Professional fundraising fees
- $0
- Legal fees
- $1,394
- Accounting fees
- $16,143
- Occupancy
- $177,710
- Travel
- $19,255
- Depreciation
- $134,674
Balance sheet and other
- Total assets, start of year
- $3,836,667
- Total assets, end of year
- $6,313,925
- Total liabilities, end of year
- $2,067,932
- Net assets, end of year
- $4,245,993
- Land, buildings and equipment
- $844,246
- Net assets without donor restrictions
- $3,424,455
- Net assets with donor restrictions
- $821,538
- Gross receipts
- $3,743,231
- Employees
- 22
- Volunteers
- 260
- Year formed
- 1942
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK OWENS | PRESIDENT/CE Officer | 24 | $332,810 | $25,450 |
| NICK REED | CFO Officer | 28 | $168,050 | $22,455 |
| STEVE LINEBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT SEWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLEMAN TEAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELISE PETERS CAREY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID ZASS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER BYRNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY HALES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TODD HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIMMY FLYTHE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAMIE SUTPHIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAM METZLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AUBREY LINVILLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENT WADDELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
18 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON WENKER | DIRECTOR Trustee or director | 1 | $0 |
| DR JULIA JACKSON-NEWSOM | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL ROGERS | DIRECTOR Trustee or director | 1 | $0 |
| DAVID NEILL | FORMER CHAIR Trustee or director | 1 | $0 |
| JOHN DAVENPORT JR | DIRECTOR Trustee or director | 1 | $0 |
| JANET SPRIGGS | DIRECTOR Trustee or director | 1 | $0 |
| DAVID MULLEN | DIRECTOR Trustee or director | 1 | $0 |
| QUENTIN WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| CHAD SETLIFF | DIRECTOR Trustee or director | 1 | $0 |
| STEVEN BREWER | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY GRAHAM | DIRECTOR Trustee or director | 1 | $0 |
| TRENT JERNIGAN | DIRECTOR Trustee or director | 1 | $0 |
| SHAY MUSTAFA | DIRECTOR Trustee or director | 1 | $0 |
| JEREMY BJORK | DIRECTOR Trustee or director | 1 | $0 |
| CATHY PACE | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| ELWOOD ROBINSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| APRILLE BELL | TREASURER Trustee or director, Officer | 1 | $0 |
| MIKE LANCASTER | CHAIR ELECT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 34 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK OWENS | PRESIDENT/CE Officer | 24 | $285,430 | $24,421 |
| NICK REED | CFO Officer | 28 | $165,512 | $21,223 |
| LAURA LEE | SVP OF ECONO Highest-paid employee | 0 | $132,856 | $16,129 |
| STEVE LINEBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS FOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT SEWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLEMAN TEAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELISE PETERS CAREY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER BYRNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDALL TUTTLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY HALES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TODD HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN SWERBINSKY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIMMY FLYTHE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAMIE SUTPHIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAM METZLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF LINDSAY | FORMER CHAIR Trustee or director | 1 | $0 | $0 |
| AUBREY LINVILLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENT WADDELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON WENKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR JULIA JACKSON-NEWSOM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL ROGERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID NEILL | FORMER CHAIR Trustee or director | 1 | $0 | $0 |
| JOHN DAVENPORT JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANET SPRIGGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRENT JERNIGAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL MCCLAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MULLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHAY MUSTAFA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHY PACE | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| APRILLE BELL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ELWOOD ROBINSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MIKE LANCASTER | CHAIR ELECT Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 525 VINE ST STE 240, WINSTON SALEM, NC 27101-4158
- In care of
- % FIRST TENNESSEE BANK TTEE
- Principal officer (990 for 2024)
- MARK OWENS, 525 VINE STREET SUITE 240, WINSTONSALEM, NC 27101
- Signed the 990
- MARK OWENS, PRESIDENT/CEO
- Phone
- (336) 728-9200
- Website
- WWW.WINSTONSALEM.COM
- Return prepared by
- BUTLER BURKE LLP
Mission
GREATER WINSTON-SALEM INC. IS A LEADING BUSINESS ORGANIZATION IN WINSTON- SALEM AND FORSYTH COUNTY. THE ORGANIZATION IS FOCUSED ON ESTABLISHING WINSTON-SALEM AS A TECHNOLOGY-DRIVEN ECONOMIC CENTER. GREATER WINSTON-SALEM INC. OFFERS SERVICES TO STRENGTHEN EXISTING BUSINESSES, TO ENCOURAGE SMALL BUSINESS CREATION, AND TO DEVELOP A TALENTED WORKFORCE WITHIN FORSYTH COUNTY.
Program accomplishments
- MEMBERSHIP SERVICES: TO INCREASE AND SUPPORT MEMBERSHIP IN GREATER WINSTON-SALEM INC. THROUGH VARIOUS ACTIVITIES AND EVENTS SUCH AS SMALL BUSINESS FORUMS, EXECUTIVE DIALOG GROUPS, SMALL BUSINESS RESOURCES, AND MEMBER NETWORKING EVENTS.
- ECONOMIC AND EDUCATIONAL DEVELOPMENT: TO PROMOTE AND INCREASE LOCAL BUSINESS WITHIN THE WINSTON-SALEM/FORSYTH COUNTY AREA, SPECIFICALLY FOCUSING ON DEVELOPING HIGH-TECH OPPORTUNITIES/BUSINESS BASE AND THE NECESSARY COMMUNITY INFRASTRUCTURE THROUGH EDUCATIONAL AND COMMUNITY PARTNERSHIPS DESIGNED TO ENSURE THE PROFICIENCY OF THE CURRENT AND FUTURE WORKFORCE FOR LOCAL MANUFACTURING/SERVICE INDUSTRIES AND NEW BUSINESS INITIATIVES.
- COMMUNICATION AND PUBLIC POLICY: TO KEEP LOCAL BUSINESSES INFORMED ON PUBLIC POLICY ISSUES, INCLUDING BUSINESS INCENTIVES, EDUCATION, GOVERNMENT REGULATION, TAXES AND LOCAL INITIATIVES, AND TO PRODUCE VARIOUS WRITTEN/MEDIA COMMUNICATIONS FOR GREATER WINSTON-SALEM INC.'S ACTIVITIES.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0459820
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,313,925
- Income (IRS master file)
- $3,743,231
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,743,231 | $2,621,262 | $6,313,925 | IRS |
| 990 | December 2023 | $2,788,702 | $2,450,058 | $3,836,667 | XML |
| 990 | December 2022 | $2,593,189 | $2,259,352 | $3,397,180 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 56-0459820).
Questions about GREATER WINSTON-SALEM CHAMBER OF COMMERCE
- What is the EIN of GREATER WINSTON-SALEM CHAMBER OF COMMERCE?
- The employer identification number (EIN) of GREATER WINSTON-SALEM CHAMBER OF COMMERCE is 56-0459820.
- Is GREATER WINSTON-SALEM CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
- Are donations to GREATER WINSTON-SALEM CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREATER WINSTON-SALEM CHAMBER OF COMMERCE 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 GREATER WINSTON-SALEM CHAMBER OF COMMERCE 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 GREATER WINSTON-SALEM CHAMBER OF COMMERCE 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 GREATER WINSTON-SALEM CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names MARK OWENS.
- Who are the officers and directors of GREATER WINSTON-SALEM CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 33 people; 2 received compensation from the organization, the highest $332,810 (MARK OWENS, PRESIDENT/CE).
- How much revenue does GREATER WINSTON-SALEM CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,743,231, expenses of $2,621,262 and total assets of $6,313,925 at year end.
Other nonprofits in WINSTON SALEM
- NOVANT HEALTH INC EIN 56-1376950 · last filed 990 for 2024
- PRESBYTERIAN HOSPITAL EIN 56-0554230 · last filed 990 for 2024
- FORSYTH MEMORIAL HOSPITAL INC EIN 56-0928089 · last filed 990 for 2024
- SECOND HARVEST FOOD BANK OF NORTHWEST NORTH CAROLINA INC EIN 58-1457912 · last filed 990 for 2025
- GOODWILL INDUSTRIES OF NW NORTH CAROLINA INC EIN 56-0588474 · last filed 990 for 2024
- REYNOLDS AMERICAN INC TR FOR NONCOLLECTIVELY BARGAINED POSTRETI EIN 31-0946266 · last filed 990 for 2024
- ARBOR ACRES UNITED METHODIST RETIREMENT COMMUNITY INC EIN 56-1152263 · last filed 990 for 2025
- HOSPICE & PALLIATIVE CARECENTER EIN 58-1343313 · last filed 990 for 2025