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Forsyth County Development Corporat

Winstonsalem, NCUnknown exempt organization EIN 56-1576009Latest filing we have: 2020. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSwsbusinessinc.comWinstonsalem, NC

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To recruit new business and industry to the city of winston-salem and Forsyth County north carolina through lease holding and real estate Development.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
The latest return is for FY2020, 6 tax years back.
IRS e-file · Filing history
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$0
Spent
$0
Net assets
$0

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

29 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Jerry Cook
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Donald Flow
Director
$0Pt VII · Sec A
Jimmy Flythe
Immediate PA
$0Pt VII · Sec A
See Forsyth County Development Corporat executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Attracts new businesses and industries through real estate development and lease holding.

Questions for Forsyth County Development Corporat

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Your first name shows with your question. Forsyth County Development Corporat answers here, for everyone.

1 program · in their own filed words · FY2020
01

In 2020, forsyth county development corporation (FCDC) continues to carry out its mission of recruiting new business and industry to the city of winston-salem and forsyth county, north carolina. It's activities were merged into wpda inc. Starting in 2020.

Pt IX · Ln 25 · col B

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$0
Ln 25
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
29
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Total revenueLn 12$0
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Total assetsLn 16$4.3M$0
LiabilitiesLn 26$527K$0
Net assetsLn 32$3.8M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Total functional expensesLn 25$0$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest ViewingFiled with the IRS Nov 15, 2021 $0$0$0$0 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $0 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $11,793$0
I-11 Other revenue$0
I-12 Total revenuePrior year $11,793$0
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $114,472$0
I-18 Total expensesPrior year $114,472$0
I-19 Revenue less expensesPrior year −$102,679$0
Part VI · Governance 3 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $0 across 1 lines filed
VIII-12 Total revenue$0
Part IX · Statement of functional expenses $0 across 0 lines filed
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $4,299,894$0
X-26 Total liabilitiesStart of year $526,600$0
X-32 Total net assets or fund balancesStart of year $3,773,294$0
X-33 Total liabilities and net assetsStart of year $4,299,894$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$0
XI-3 Revenue less expenses$0
XI-4 Net assets at start of year$3,773,294
XI-9 Other changes in net assets−$3,773,294
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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