- Revenue 2024
- $2,307,996
- Expenses 2024
- $2,510,395
As filed
- Subsection
- 06
- Classification
- 3000
- Street
- 532 S ELM ST
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).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
DOWNTOWN GREENSBORO FOUNDATION
EIN 56-2242416
Mission and programs · 2024
Mission
PROMOTE AND STIMULATE NEW INVESTMENT, INTEREST AND ECONOMIC DEVELOPMENT IN THE CENTER CITY AREA OF GREENSBORO, NORTH CAROLINA.
-
DOWNTOWN MUNICIPAL SERVICE DISTRICT (DMSD) FUNDS PROJECT TO PROVIDE FUNDS LEVIED AND COLLECTED BY THE CITY FROM AD VALOREM PROPERTY TAXES AND SALES TAXES IN THE DMSD AS AUTHORIZED BY NCGS 160A-536(D)TO DGI TO PERFORM, PROMOTE, AND DEVELOP SERVICES, FACILITIES, FUNCTIONS, AND PROMOTIONAL AND DEVELOPMENTAL ACTIVITIES IN THE DMSD. FUNDS ARE USED TO POSITION THE DOWNTOWN BUSINESS IMPROVEMENT DISTRICT AS AN ATTRACTIVE, VIBRANT DESTINATION FOR THOSE WHO WORK, PLAY AND LIVE HERE THROUGH PUBLIC SPACE MANAGEMENT, ECONOMIC DEVELOPMENT INITIATIVES, MARKETING SERVICES, SPECIAL EVENTS AND ADVOCACY ACTIVITIES.
-
ECONOMIC SERVICES PROJECT - TO PROVIDE FOR THE REVITALIZATION AND ECONOMIC DEVELOPMENT OF DOWNTOWN GREENSBORO. SERVICES INCLUDE MARKETING OF THE DOWNTOWN AREA, ECONOMIC DEVELOPMENT PROGRAMS, PROGRAM MANAGEMENT AND IMPLEMENTATION AS WELL AS PROVIDING LONG TERM VISION DEVELOPMENT AND PLANNING RECOMMENDATIONS FOR THE DOWNTOWN AREA.
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.
-
Zack MathenyZACK MATHENY
FORMER PRESIDENT & CEO
- Total calculated
- $281,336
- From this org
- $281,336
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $269,567
- Bonus
- $0
- Other
- $11,769
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $281,336
-
Stu NicholsSTU NICHOLS
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Seraj PatelSERAJ PATEL
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Chris WaldeckCHRIS WALDECK
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark PrinceMARK PRINCE
BOARD EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Arthur SametARTHUR SAMET
BOARD EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gina HicksGINA HICKS
BOARD EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Trey DavisTREY DAVIS
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kristina FullerKRISTINA FULLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lori PoagLORI POAG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Craig CarlockCRAIG CARLOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tiffany JacobsTIFFANY JACOBS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dan EderDAN EDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Derek CarteDEREK CARTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Virginia FreyaldenhovenVIRGINIA FREYALDENHOVEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kevin SasserKEVIN SASSER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Joy RossJOY ROSS
CFO
- Total calculated
- $84,812
- From this org
- $84,812
- From related orgs
- $0
- Other
- $0
- Hours/week
- 36 + 2 related
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
- $2,307,996
- Expenses
- $2,510,395
- Contributions
- $816,667
- Grants paid
- $0
-
2023
- Revenue
- $2,143,224
- Expenses
- $2,010,876
- Contributions
- $555,792
- Grants paid
- $0
-
2022
- Revenue
- $2,344,155
- Expenses
- $2,283,486
- Contributions
- $856,373
- Grants paid
- $545,830
-
2022
- Revenue
- $2,344,155
- Expenses
- $2,283,486
- Contributions
- $856,373
- Grants paid
- $545,830
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
- $1,929,059
- Expenses
- $1,881,707
- Assets (EOY)
- $1,475,493
-
2020 · 990
- Revenue
- $1,599,630
- Expenses
- $1,529,951
- Assets (EOY)
- $1,416,640
-
2019 · 990
- Revenue
- $1,895,606
- Expenses
- $1,464,904
- Assets (EOY)
- $1,387,039
-
2018 · 990
- Revenue
- $1,458,381
- Expenses
- $1,308,980
- Assets (EOY)
- $983,257
-
2017 · 990
- Revenue
- $1,341,000
- Expenses
- $1,010,392
- Assets (EOY)
- $848,397
-
2017 · 990
- Revenue
- $1,341,000
- Expenses
- $1,010,392
- Assets (EOY)
- $848,397
-
2016 · 990
- Revenue
- $849,949
- Expenses
- $1,026,981
- Assets (EOY)
- $560,084
-
2016 · 990
- Revenue
- $849,949
- Expenses
- $1,026,981
- Assets (EOY)
- $560,084
-
2015 · 990
- Revenue
- $682,872
- Expenses
- $630,968
- Assets (EOY)
- $651,118
-
2014 · 990
- Revenue
- $893,586
- Expenses
- $921,920
- Assets (EOY)
- $624,229
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
-
DOWNTOWN GREENSBORO FOUNDATION
$425,884
2022 CATALYST GRANT
-
NEIGHBORS GSO LLC
$25,000
2022 CATALYST GRANT
-
112 W LEWIS STREET QOZB LLC
$25,000
2022 CATALYST GRANT
-
NOMUNICATION LLC
$20,000
2022 CATALYST GRANT
Grants received
-
DOWNTOWN GREENSBORO FOUNDATION
$331,980
2022 PROGRAM AND EVENT COORDINATION
-
DOWNTOWN GREENSBORO FOUNDATION
$282,681
2023 PROGRAM AND EVENT COORDINATION
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
-
DOWNTOWN GREENSBORO FOUNDATION
501(C)(3) · SUPPORT · NC · controlled entity
-
DOWNTOWN GREENSBORO IMPROVEMENT CORP
501(C)(4) · ECONOMIC DEVELOPMENT · NC · controlled entity
Declared as related by
-
DOWNTOWN GREENSBORO FOUNDATION
On its 2023 return
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
Not present in the most recent drop.
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 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.