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WAKE FOREST INNOVATION QUARTER CDC

EIN 20-0177581 WINSTONSALEM, NC

Revenue 2024
$75,175
Expenses 2024
$12,065

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
NTEE code
S30
Classification
1000
Street
MEDICAL CENTER BOULEVARD

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).

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.

  • J MCLAIN WALLACE JR

    DIRECTOR, VP & TREASURER

    Total calculated
    $1,689,329
    From this org
    $1,659,102
    From related orgs
    $0
    Other
    $30,227
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $599,511
    Bonus
    $371,024
    Other
    $688,567
    Deferred
    $22,898
    Nontaxable benefits
    $7,329
    Filer's total
    $1,689,329

  • SUSAN R WENTE PHD

    DIRECTOR & CHAIR

    Total calculated
    $1,593,017
    From this org
    $0
    From related orgs
    $1,229,582
    Other
    $363,435
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,129,530 related
    Bonus
    $0 + $32,250 related
    Other
    $0 + $67,802 related
    Deferred
    $0 + $288,531 related
    Nontaxable benefits
    $0 + $74,904 related
    Filer's total
    $0 + $1,593,017 related

  • TERRY L HALES JR

    DIRECTOR & PRESIDENT

    Total calculated
    $1,363,334
    From this org
    $0
    From related orgs
    $1,310,800
    Other
    $52,534
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $576,900 related
    Bonus
    $0 + $617,413 related
    Other
    $0 + $116,487 related
    Deferred
    $0 + $22,781 related
    Nontaxable benefits
    $0 + $29,753 related
    Filer's total
    $0 + $1,363,334 related

  • J REID MORGAN

    FORMER OFFICER

    Total calculated
    $469,700
    From this org
    $0
    From related orgs
    $412,282
    Other
    $57,418
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $366,986 related
    Bonus
    $0 + $39,600 related
    Other
    $0 + $5,696 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $22,918 related
    Filer's total
    $0 + $469,700 related

  • C DOUGLAS MAYNARD MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALLEN JOINES

    DIRECTOR

    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 — 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
    $75,175
    Expenses
    $12,065
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $75,240
    Expenses
    $10,771
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $75,036
    Expenses
    $358
    Contributions
    $0
    Grants paid
    $0

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.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

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 10 September 2026, under deductibility SOUNK.

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.