Greater Winston-Salem Development Corp.

Fiscal year ending 2023. Filed on October 22, 2024.

525 Vine Street Suite 240
Winstonsalem, North Carolina 27101

Greater Winston-Salem Development Corp. (EIN: 51-0436665) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Greater Winston-Salem Development Corp., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $215,190. The highest compensated employee at Greater Winston-Salem Development Corp. is Mark Owens with fiscal year 2023 compensation of $309,851. Greater Winston-Salem Development Corp. changed its name from Winston-Salem Business Inc. in 2021.

Revenue, expenses, and employee compensation

Revenue

$1,620,487

Expenses

$909,476

Employee compensation

$652,188

Reported Compensated Employees

Mark Owens

President and Chief Executive Officer

$309,851

$0 $285,430 $24,421

Nick Reed

Chief Financial Officer

$186,735

$0 $165,512 $21,223

Laura Lee

Senior Vice President of Econo

$148,985

$0 $132,856 $16,129

Non-Employee Board Members

Dr Janet Spriggs

Elwood Robinson

Steve Lineberger

Mission Statement

TO RECRUIT NEW BUSINESSES TO WINSTON-SALEM AND FORSYTH COUNTY IN ORDER TO FACILITATE GROWTH AND ECONOMIC DIVERSIFICATION IN THE AREA.

Revisions to this organization profile

November 17, 2025:

2024 Greater Winston-Salem Development Corp. 990 filed

October 22, 2024:

2023 Greater Winston-Salem Development Corp. 990 filed

July 5, 2023:

2022 Greater Winston-Salem Development Corp. 990 filed

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