- 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 HooperDEBORAH 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
Grants received
-
2023 CDFI CAPACITY BUILDING PROGRAM GRANTS
-
2023 GENERAL SUPPORT
-
$25,000
2022 1 GRANT(S) FOR VARYING PURPOSES
-
2022 GENERAL SUPPORT
-
CHARITIES AID FOUNDATION AMERICA
$10,000
2024 CHARITABLE DONATION
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.