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GREATER WINSTON SALEM CHAMBER OF COMMERCE FOUNDATION INC

EIN 51-0167887 WINSTON SALEM, NC

Revenue 2024
$100,783
Expenses 2024
$346,316

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
1000
Street
525 VINE ST STE 240

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO CARRY OUT THOSE ACTIVITIES IN THE INTEREST OF THE PEOPLE OF WINSTON- SALEM AND FORSYTH COUNTY AND WHICH ARE OF A PHILANTHROPIC AND ELEEMOSYNARY NATURE FOCUSING ON ENTREPRENEURIAL GRANT INITIATIVE TO SUPPORT THE GROWTH OF WINSTON-SALEM'S BUSINESSES AND INNOVATION ECONOMY.

Activities or mission (Part I)

REPRESENT THE GREATER WINSTON-SALEM'S PHILANTHROPIC AND ELEEMOSYNARY INTERESTS.

  • EDUCATION PROGRAMS FUNDS CONTRIBUTED TO ADDRESS EDUCATION ISSUES INCLUDING IMPROVING HIGH SCHOOL GRADUATION RATES THROUGH MENTORSHIP PROGRAMS, PARTNERING LOCAL BUSINESSES AND LOCAL SCHOOLS AND RECRUITING CORPORATE VOLUNTEERS TO WORK WITH LOCAL ELEMENTARY SCHOOL AGE CHILDREN. SMALL BUSINESS PROGRAMS FUNDS CONTRIBUTED TO SUPPORT (1) AN OPERATING GRANT PROGRAM IN SUPPORT OF BUSINESSES LOCATED WITHIN FORSYTH COUNTY THAT ARE ADVERSELY IMPACTED BY FEDERALLY OR STATE-DECLARED DISASTERS IN ORDER TO COMBAT COMMUNITY DETERIORATION AND TO LESSEN THE BURDENS OF GOVERNMENT AND (2) ENTREPRENEURIAL GRANT INITIATIVES TO SUPPORT THE GROWTH OF WINSTON- SALEM'S INNOVATION ECONOMY.

    Expenses $346,316 · Grants $293,863

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • MARK OWENS

    PRESIDENT/CE

    Total calculated
    $358,260
    From this org
    $0
    From related orgs
    $332,810
    Other
    $25,450
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $259,480 related
    Bonus
    not reported + $38,950 related
    Other
    not reported + $34,380 related
    Deferred
    not reported + $15,569 related
    Nontaxable benefits
    not reported + $9,881 related
    Filer's total
    not reported + $358,260 related

  • NICK REED

    CFO

    Total calculated
    $190,505
    From this org
    $0
    From related orgs
    $168,050
    Other
    $22,455
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $150,000 related
    Bonus
    not reported + $12,000 related
    Other
    not reported + $6,050 related
    Deferred
    not reported + $15,000 related
    Nontaxable benefits
    not reported + $7,455 related
    Filer's total
    not reported + $190,505 related

  • AJAY PATEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BRENT WADDELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROB SIMON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KATIE POWER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • STEVE BAGLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CATHY PACE

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • APRILLE BELL

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $100,783
    Expenses
    $346,316
    Contributions
    $100,726
    Grants paid
    $293,863
  • 2023
    Revenue
    $60,247
    Expenses
    $399,809
    Contributions
    $60,130
    Grants paid
    $219,600
  • 2022
    Revenue
    $348,869
    Expenses
    $522,181
    Contributions
    $348,804
    Grants paid
    $444,050

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $102,500
    Expenses
    $334,863
    Assets (EOY)
    $1,046,282

  • 2020 · 990

    Revenue
    $1,752,006
    Expenses
    $704,908
    Assets (EOY)
    $1,069,412

  • 2019 · 990-EZ

    Revenue
    $40,999
    Expenses
    $60,097
    Assets (EOY)
    $2,212

  • 2018 · 990-EZ

    Revenue
    $60,855
    Expenses
    $70,750
    Assets (EOY)
    $21,310

  • 2017 · 990-EZ

    Revenue
    $133,181
    Expenses
    $209,814
    Assets (EOY)
    $145,942

  • 2016 · 990-EZ

    Revenue
    $114,812
    Expenses
    $192,608
    Assets (EOY)
    $134,249

  • 2015 · 990-EZ

    Revenue
    $171,947
    Expenses
    $151,988
    Assets (EOY)
    $273,954

  • 2014 · 990-EZ

    Revenue
    $128,975
    Expenses
    $144,279
    Assets (EOY)
    $327,793

  • 2013 · 990-EZ

    Revenue
    $130,132
    Expenses
    $152,954
    Assets (EOY)
    $206,257

  • 2012 · 990-EZ

    Revenue
    $188,201
    Expenses
    $269,357
    Assets (EOY)
    $238,047

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.