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Nonprofit · EIN 91-2047364

GREENSBORO MEDICAL SOCIETY FOUNDATION INC

Tax-exempt · GREENSBORO, NC 27402

Financials

$135K$148K2023$64K$95K2024
Revenue Expenses · by fiscal year end
Financials of GREENSBORO MEDICAL SOCIETY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$63,586$94,949-$31,363$174,619$0$174,619
December 31, 2023990$135,467$148,452-$12,985$205,982$0$205,982
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$51,900
Program service revenue
$43,245
Investment income
-$31,559
Net gain from sales of assets
-$37,889
Other revenue
$0

Expenses

Grants and similar amounts paid
$36,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,911
Program services (functional)
$90,885
Management and general (functional)
$4,064

Balance sheet and other

Total assets, start of year
$205,982
Total assets, end of year
$174,619
Total liabilities, end of year
$0
Net assets, end of year
$174,619
Net assets without donor restrictions
$174,619
Gross receipts
$201,475
Employees
0
Year formed
2003
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 / weekCompensation
STEPHEN COCKBURNCHAIRMAN
Officer
4$0
CHRISTOPHER DURHAMBOARD MEMBER
Officer
2$0
NANNETTE FUNDERBURKSECRETARY
Officer
2$0
TARIQ JAHTREASURER
Officer
4$0
GEORGE KILPATRICKBOARD MEMBER
Officer
2$0
IAYESHA LOVICKVICE CHAIRMA
Officer
2$0
KAREN SCHOOLERBOARD MEMBER
Officer
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
STEPHEN COCKBURNVICE CHAIRMA
Officer
2$0
CHRISTOPHER DURHAMCHAIRMAN
Officer
4$0
NANNETTE FUNDERBURKSECRETARY
Officer
2$0
WESLEY IBAZEBOBOARD MEMBER
Officer
2$0
TARIQ JAHTREASURER
Officer
4$0
GEORGE KILPATRICKBOARD MEMBER
Officer
2$0
KAREN SCHOOLERBOARD MEMBER
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 2802, GREENSBORO, NC 27402-2802
In care of
% ALVIN C POWELL
Principal officer (990 for 2024)
STEPHEN COCKBURN, PO BOX 2802, GREENSBORO, NC 27402
Signed the 990
STEPHEN COCKBURN, CHAIRMAN
Phone
(336) 339-1227
Return prepared by
WTB AND ASSOCIATES INC

Mission

THE PURPOSE OF THE ORGANIZATION WILL BE TO GRANT SCHOLARSHIPS TO DISADVANTAGED YOUTH AND TO HELP TO CULTURALLY CULTIVATE DISADVANTAGED YOUTH.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED 9 SCHOLARSHIPS TO INDIVIDUALS WHO ARE PURSING CAREERS IN THE HEALTH CARE FIELD.
    Expenses $90,885 · grants $36,000

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
91-2047364
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$174,619
Income (IRS master file)
$201,475

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$63,586$94,949$174,619XML
990December 2023$135,467$148,452$205,982XML
990December 2022$153,826$129,870$218,967IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 91-2047364).

Questions about GREENSBORO MEDICAL SOCIETY FOUNDATION INC

What is the EIN of GREENSBORO MEDICAL SOCIETY FOUNDATION INC?
The employer identification number (EIN) of GREENSBORO MEDICAL SOCIETY FOUNDATION INC is 91-2047364.
Is GREENSBORO MEDICAL SOCIETY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to GREENSBORO MEDICAL SOCIETY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREENSBORO MEDICAL SOCIETY FOUNDATION INC 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 GREENSBORO MEDICAL SOCIETY FOUNDATION INC 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 GREENSBORO MEDICAL SOCIETY FOUNDATION INC 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 GREENSBORO MEDICAL SOCIETY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names STEPHEN COCKBURN.
Who are the officers and directors of GREENSBORO MEDICAL SOCIETY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does GREENSBORO MEDICAL SOCIETY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $63,586, expenses of $94,949 and total assets of $174,619 at year end.

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