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Organizations Community Improvement & Capacity Building Wake Forest Innovation Quarter CDC

Wake Forest Innovation Quarter CDC

Fiscal year ending 2023. Filed on November 15, 2024.

Medical Center Boulevard
Winstonsalem, North Carolina 27157

Wake Forest Innovation Quarter CDC (EIN: 20-0177581) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Wake Forest Innovation Quarter CDC, a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $960,709. The highest compensated employee at Wake Forest Innovation Quarter CDC is Susan R Wente, Ph.D. with fiscal year 2023 compensation of $1,799,376.

Revenue, expenses, and employee compensation

Revenue

$75,240

Expenses

$10,771

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Susan R Wente, Ph.D.
Chair and Director
$1,799,376
$0 $1,473,696 $325,680
J McLain Wallace Jr
Director, Vice President and Treasurer
$1,019,508
$983,574 No related comp$35,934
Terry L Hales Jr
President and Director
$923,316
$0 $867,249 $56,067
J Reid Morgan
Secretary (TO 6/30/23)
$799,445
$0 $690,571 $108,874
Anita Conrad
ASST Secretary (TO 10/31/23)
$261,900
$0 $218,902 $42,998

Benchmark Employee Compensation

Non-Employee Board Members

Allen Joines
Director
C Douglas Maynard, M.D.
Director

Mission Statement

TO DEVELOP AND IMPROVE A LOW-INCOME COMMUNITY IN DOWNTOWN WINSTON-SALEM, NC, AND ENGAGE IN ECONOMIC AND RELATED DEVELOPMENT OF A RESEARCH PARK.

Revisions to this organization profile

November 17, 2025:
2024 Wake Forest Innovation Quarter CDC 990 filed
November 15, 2024:
2023 Wake Forest Innovation Quarter CDC 990 filed
November 14, 2023:
2022 Wake Forest Innovation Quarter CDC 990 filed

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