Greater Winston-Salem Development Corp.

Fiscal year ending 2024. Filed on November 17, 2025.

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 2024 IRS Form 990 filing, Greater Winston-Salem Development Corp., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $274,383. The highest compensated employee at Greater Winston-Salem Development Corp. is Mark Owens with fiscal year 2024 compensation of $358,260. Greater Winston-Salem Development Corp. changed its name from Winston-Salem Business Inc. in 2021.

Revenue, expenses, and employee compensation

Revenue

$818,444

Expenses

$1,028,564

Employee compensation

$633,837

Reported Compensated Employees

Mark Owens

President and Chief Executive Officer

$358,260

$0 $332,810 $25,450

Nick Reed

Chief Financial Officer

$190,505

$0 $168,050 $22,455

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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