Skip to content
Nonprofiteer
← All organizations

PIEDMONT BUSINESS CAPITAL

EIN 56-1872877 GREENSBORO, NC

Browse the largest nonprofits in North Carolina

Revenue 2024
$446,116
Expenses 2024
$1,042,664

Program services were 2.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S43
Classification
1200
Street
1451 S ELM-EUGENE ST SUITE 2121

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 generate economic growth, encourage small business development, create jobs, and revitalize neighborhoods by providing loans and financial services to underserved business

  • Piedmont Business Capital PBC has many services under its main lending program. PBC provided loans to minority and women owned business throughout the Piedmont region with the mayority of loans received by borrowers living in Guilford and Forsyth counties in North Carolina. PBC issued several loans to business in 2024. In addition to business lending, PBC provided technical assistance to members of the community, who may or may not be borrowers. PBC assistance programs provide guidance to business owners to improve operations of theirs business.

    Expenses $30,353

As filed on the 2024 return.

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.

  • Michael McKinney

    Executive Director CEO

    Total calculated
    $132,440
    From this org
    $132,440
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Karl Robinson

    Chairman

    Total calculated
    $0
    Hours/week
    0
  • Erestine Guidry

    Vice Chairman

    Total calculated
    $0
    Hours/week
    0
  • Reginald McCaskill

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Taiwo Jaiyeoba

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Cathy Knowles

    Secretary

    Total calculated
    $0
    Hours/week
    0
  • Carlvena Foster

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Jose Sandoval

    Treasurer

    Total calculated
    $0
    Hours/week
    0
  • Mitch Gibson

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • David Lane

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Larry Davis

    Board Member

    Total calculated
    $0
    Hours/week
    0

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $446,116
    Expenses
    $1,042,664
    Contributions
    $316,750
    Grants paid
    $0
  • 2023
    Revenue
    $2,396,117
    Expenses
    $784,881
    Contributions
    $2,372,138
    Grants paid
    $0
  • 2022
    Revenue
    $3,154,236
    Expenses
    $759,769
    Contributions
    $3,137,500
    Grants paid
    $10,328

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
    $1,839,047
    Expenses
    $757,997
    Assets (EOY)
    $3,626,382
  • 2020 · 990

    Revenue
    $1,376,415
    Expenses
    $700,275
    Assets (EOY)
    $2,859,898
  • 2019 · 990

    Revenue
    $736,835
    Expenses
    $474,930
    Assets (EOY)
    $1,096,941
  • 2017 · 990

    Revenue
    $287,482
    Expenses
    $224,874
    Assets (EOY)
    $639,529
  • 2016 · 990

    Revenue
    $219,544
    Expenses
    $110,161
    Assets (EOY)
    $573,966
  • 2015 · 990

    Revenue
    $212,373
    Expenses
    $94,694
    Assets (EOY)
    $486,609
  • 2014 · 990

    Revenue
    $224,696
    Expenses
    $104,473
    Assets (EOY)
    $369,728
  • 2013 · 990-EZ

    Revenue
    $78,157
    Expenses
    $123,985
    Assets (EOY)
    $247,959
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $32,872
    Assets (EOY)
    $292,577

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.

Form 990-N e-Postcard, tax year 2011

Tax period
1 January 2011 to 31 December 2011
Principal officer
Deborah Hooper
Mailing address
342 NORTH ELM STREETGREENSBORO NC 274012141

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

  • Guilford Merchants Association

    $7,357

    2022 local area loans

Where these grants went next →

Grants received

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

  • Greensboro Area Chamber of Commerce

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 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.