GREATER WINSTON-SALEM CHAMBER OF COMMERCE

WINSTON SALEM, NC, 27101-4158 (336) 728-9200 Est. 1942 EIN 56-0459820
990 - Public charity return 501(c)(6)
www.winstonsalem.com

Mission

GREATER WINSTON-SALEM INC. IS A LEADING BUSINESS ORGANIZATION IN WINSTON- SALEM AND FORSYTH COUNTY. THE ORGANIZATION IS FOCUSED ON ESTABLISHING WINSTON-SALEM AS A TECHNOLOGY-DRIVEN ECONOMIC CENTER. GREATER WINSTON-SALEM INC. OFFERS SERVICES TO STRENGTHEN EXISTING BUSINESSES, TO ENCOURAGE SMALL BUSINESS CREATION, AND TO DEVELOP A TALENTED WORKFORCE WITHIN FORSYTH COUNTY.

Giving Portfolio

Total Grants
12
Total Giving
$938K
Recipients
12
Years Active
2020 - 2024
Avg grant: $105,899 Median: $16,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$285K $285K01
20235$317K $63K23
20225$326K $65K50
20201$10K $10K10

Sectors Funded

Community Improvement
4

Top States

North Carolina
11
California
1

Grantee Size Profile

$500K - $1M
4
$100K - $500K
1

Top Grantees

SIGHTSOURCE LLC
NC - 2 grants
$38K
WINSTON-SALEM STATE UNIVERSITY
NC - 2 grants
$28K
THE WELLNECITY GROUP INC
NC
$20K
BRINTER INC
CA
$10K
SALEM CYBER
NC
$10K

Grants Awarded · 5 grants

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Financials

Total Revenue
$3,743,231
Total Expenses
$2,621,262
Net Assets
$4,245,993
22 employees 260 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
19.4 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 34.2%
Expenses ↑ 7.0%
Revenue Sources
Contributions 58.6% Earned revenue 38.3% Investment 2.7%
Expense Breakdown

Officers & Trustees (33)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$3,743,231 ↑$2,621,262$4,245,993
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$2,788,702 ↑$2,450,058$3,054,771
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$2,593,189 ↑$2,259,352$2,684,014
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$1,979,787 ↑$1,652,271$2,277,953
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$1,793,980 $1,816,901$2,081,915

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EIN: 56-0459820 · Source: IRS Form 990 e-file data