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Organizations Community Improvement & Capacity Building East Market Street Development Corporation

East Market Street Development Corporation

Fiscal year ending 2024. Filed on August 21, 2025.

601-b East Market Street
Greensboro, North Carolina 27401

East Market Street Development Corporation (EIN: 56-2039492), also known as East Greensboro Now, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, East Market Street Development Corporation, a 501(c)(3) charitable organization, reported compensation for 1 out of 3 total employees. Among the employees shown here, the average compensation is $100,000. The highest compensated employee at East Market Street Development Corporation is MacArthur Sims with fiscal year 2024 compensation of $100,000.

Revenue, expenses, and employee compensation

Revenue

$1,129,762

Expenses

$564,417

Employee compensation

$226,144
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

MacArthur Sims
Executive Director
$100,000
$100,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Andrena Coleman
Chair
Betty Watson
Director
Carl W Brower Jr
Vice Chair
Charlene Y Armstrong
Secretary
Ernestine Surgeon
Director
Frankie Jones
Director
G Mark Prince
Director
Goldie Wells
Director
J Brent Christensen
Director
Jay Jung
Director
Ladaniel Gatling II
Treasurer
Phanalphie Rhue
Director

Mission Statement

OFFERS COMPREHENSIVE REVITALIZATION SERVICES IN EAST GREENSBORO, NC THAT CREATE AND SUSTAIN ASSETS THROUGH ECONOMIC, BUSINESS AND COMMUNITY DEVELOPMENT SERVICES AND PROGRAMS. THE CORPORATION IS HELPING REBUILD THE BUSINESS COMMUNITY IN EAST GREENSBORO THROUGH TWO OF ITS COMMITTEES, THE BUSINESS DEVELOPMENT COMMITTEE (BDC) AND THE ECONOMIC REVITALIZATION COMMITTEE(ERC).

Revisions to this organization profile

August 21, 2025:
2024 East Market Street Development Corporation 990 filed
July 23, 2024:
2023 East Market Street Development Corporation 990 filed
September 11, 2023:
2022 East Market Street Development Corporation 990 filed

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