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Organizations Philanthropy, Voluntarism & Grantmaking The Golden Leaf Inc.

The Golden Leaf Inc.

Fiscal year ending 2019. Filed on November 6, 2019.

301 N Winstead Avenue
411 Ivey Street
Rocky Mount, North Carolina 27804

The Golden Leaf Inc. (EIN: 52-2204473) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2019 IRS Form 990 filing, The Golden Leaf Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 17 total employees. Among the employees shown here, the average compensation is $182,568. The highest compensated employee at The Golden Leaf Inc. is Dan Gerlach with fiscal year 2019 compensation of $247,310.

Revenue, expenses, and employee compensation

Revenue

$104,363,176

Expenses

$64,903,877

Employee compensation

$2,067,969
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dan Gerlach
President
$247,310
$204,627 No related comp$42,683
Mark Sorrells
Senior Vice President
$229,081
$191,649 No related comp$37,432
Edward Lord
Vice President Programs/Staff ATTY
$179,102
$143,181 No related comp$35,921
Beth Edmondson
Controller
$133,686
$106,440 No related comp$27,246
Jonathan P Boyd
Investments Director
$123,661
$102,968 No related comp$20,693

Benchmark Employee Compensation

Non-Employee Board Members

Randy Isenhower
Chair
$1,248
$1,248 No related compNo other comp
Bo Biggs
Director
$1,144
$1,144 No related compNo other comp
David Rose
Director
$1,040
$1,040 No related compNo other comp
Tommy Hester
Treasurer
$1,040
$1,040 No related compNo other comp
Thomas Stith
Secretary
$1,040
$1,040 No related compNo other comp
Jim Gardner
Director
$936
$936 No related compNo other comp
David Stover
Director
$936
$936 No related compNo other comp
Carolyn Justice
Vice Chair
$832
$832 No related compNo other comp
Jerome Vick
Director
$728
$728 No related compNo other comp
Johnathan Rhyne
Director
$416
$416 No related compNo other comp
Lawrence Davenport
Director
$416
$416 No related compNo other comp
Tom Taft
Director
No compensation reported

Contractors

Silchester International Investors
Investment Mngmt
$578,546
Drz
Investment Mngmt
$467,341
Wellington Management
Investment Management
$445,353
Prime Buchholz & Associates
Invest. Consulting
$361,901
Sit Investment Associates
Investment Mngmt
$340,419

Mission Statement

GOLDEN LEAF'S MISSION IS TO INCREASE ECONOMIC OPPORTUNITY IN NORTH CAROLINA'S RURAL AND TOBACCO-DEPENDENT COMMUNITIES THROUGH LEADERSHIP IN GRANTSMAKING, COLLABORATION, INNOVATION, AND STEWARDSHIP AS AN INDEPENDENT AND PERPETUAL FOUNDATION.

Revisions to this organization profile

October 24, 2025:
2025 The Golden Leaf Inc. 990 filed
October 24, 2024:
2024 The Golden Leaf Inc. 990 filed
October 11, 2023:
2023 The Golden Leaf Inc. 990 filed

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