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Employer Identification Number 56-1576009

FORSYTH COUNTY DEVELOPMENT CORPORATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:FORSYTH COUNTY DEVELOPMENT CORPORATION
Employer identification number (EIN):56-1576009
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationNorth Carolina, NC

Organization Overview

Mission StatementTO RECRUIT NEW BUSINESS AND INDUSTRY TO THE CITY OF WINSTON-SALEM AND FORSYTH COUNTY NORTH CAROLINA THROUGH LEASE HOLDING AND REAL ESTATE DEVELOPMENT.
Number of Employees0
Year Formed1987

Organization Governance

Legal DomicileNC
Voting Members - Governing Body24
Voting Members - Independent24

Organization Financials

2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 11,793
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 0
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 3,773,294
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 526,600
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 4,299,894
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ -102,679
Total expenses for current yearUSD $ 0
Total expenses for previous yearUSD $ 114,472
Other expenses in current yearUSD $ 0
Other expenses in previous yearUSD $ 114,472
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 0
Total revenue in previous fiscal yearUSD $ 11,793
Contributions and grants from current yearUSD $ 0
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 504,808
Investment Income from current yearUSD $ 11,793
Other Revenue from prior yearUSD $ 5,400
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 11,793
Net assets / fund balances at end of fiscal yearUSD $ 3,773,294
Net assets / fund balances at beginning of fiscal yearUSD $ 3,875,973
Total liabilities at end of fiscal yearUSD $ 526,600
Total liabilities at beginning of fiscal yearUSD $ 529,550
Total assets at end of fiscal yearUSD $ 4,299,894
Total assets at beginning of fiscal yearUSD $ 4,405,523
Revenues less expenses for current yearUSD $ -102,679
Revenues less expenses for previous yearUSD $ 462,945
Total expenses for current yearUSD $ 114,472
Total expenses for previous yearUSD $ 47,263
Other expenses in current yearUSD $ 114,472
Other expenses in previous yearUSD $ 47,263
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,793
Total revenue in previous fiscal yearUSD $ 510,208
Contributions and grants from current yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 14,997
Investment Income from current yearUSD $ 504,808
Other Revenue from prior yearUSD $ 110,104
Other Revenue from current yearUSD $ 5,400
Gross receipts from all sourcesUSD $ 510,208
Net assets / fund balances at end of fiscal yearUSD $ 3,875,973
Net assets / fund balances at beginning of fiscal yearUSD $ 3,413,028
Total liabilities at end of fiscal yearUSD $ 529,550
Total liabilities at beginning of fiscal yearUSD $ 559,550
Total assets at end of fiscal yearUSD $ 4,405,523
Total assets at beginning of fiscal yearUSD $ 3,972,578
Revenues less expenses for current yearUSD $ 462,945
Revenues less expenses for previous yearUSD $ 18,868
Total expenses for current yearUSD $ 47,263
Total expenses for previous yearUSD $ 106,233
Other expenses in current yearUSD $ 47,263
Other expenses in previous yearUSD $ 106,233
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 510,208
Total revenue in previous fiscal yearUSD $ 125,101
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 5,400
2017-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 12,709
Investment Income from current yearUSD $ 14,997
Other Revenue from prior yearUSD $ 389,896
Other Revenue from current yearUSD $ 110,104
Gross receipts from all sourcesUSD $ 125,101
Net assets / fund balances at end of fiscal yearUSD $ 3,413,028
Net assets / fund balances at beginning of fiscal yearUSD $ 3,394,160
Total liabilities at end of fiscal yearUSD $ 559,550
Total liabilities at beginning of fiscal yearUSD $ 690,776
Total assets at end of fiscal yearUSD $ 3,972,578
Total assets at beginning of fiscal yearUSD $ 4,084,936
Revenues less expenses for current yearUSD $ 18,868
Revenues less expenses for previous yearUSD $ 316,517
Total expenses for current yearUSD $ 106,233
Total expenses for previous yearUSD $ 86,088
Other expenses in current yearUSD $ 106,233
Other expenses in previous yearUSD $ 86,088
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 125,101
Total revenue in previous fiscal yearUSD $ 402,605
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 110,104
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 17,394
Investment Income from current yearUSD $ 12,709
Other Revenue from current yearUSD $ 389,896
Gross receipts from all sourcesUSD $ 402,605
Net assets / fund balances at end of fiscal yearUSD $ 3,394,160
Net assets / fund balances at beginning of fiscal yearUSD $ 3,077,643
Total liabilities at end of fiscal yearUSD $ 690,776
Total liabilities at beginning of fiscal yearUSD $ 29,550
Total assets at end of fiscal yearUSD $ 4,084,936
Total assets at beginning of fiscal yearUSD $ 3,107,193
Revenues less expenses for current yearUSD $ 316,517
Revenues less expenses for previous yearUSD $ -93,505
Total expenses for current yearUSD $ 86,088
Total expenses for previous yearUSD $ 110,899
Other expenses in current yearUSD $ 86,088
Other expenses in previous yearUSD $ 110,899
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 402,605
Total revenue in previous fiscal yearUSD $ 17,394
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 389,896
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ -258,032
Investment Income from current yearUSD $ 17,394
Other Revenue from prior yearUSD $ 5,073
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 17,894
Net assets / fund balances at end of fiscal yearUSD $ 3,077,643
Net assets / fund balances at beginning of fiscal yearUSD $ 3,170,648
Total liabilities at end of fiscal yearUSD $ 29,550
Total assets at end of fiscal yearUSD $ 3,107,193
Total assets at beginning of fiscal yearUSD $ 3,170,648
Revenues less expenses for current yearUSD $ -93,005
Revenues less expenses for previous yearUSD $ -290,496
Total expenses for current yearUSD $ 110,899
Total expenses for previous yearUSD $ 37,537
Other expenses in current yearUSD $ 110,899
Other expenses in previous yearUSD $ 37,537
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 17,894
Total revenue in previous fiscal yearUSD $ -252,959
Contributions and grants from current yearUSD $ 500
2014-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 8,524
Investment Income from current yearUSD $ -258,032
Other Revenue from current yearUSD $ 5,073
Gross receipts from all sourcesUSD $ 89,017
Net assets / fund balances at end of fiscal yearUSD $ 3,170,648
Net assets / fund balances at beginning of fiscal yearUSD $ 3,461,144
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 22,875
Total assets at end of fiscal yearUSD $ 3,170,648
Total assets at beginning of fiscal yearUSD $ 3,484,019
Revenues less expenses for current yearUSD $ -290,496
Revenues less expenses for previous yearUSD $ -41,428
Total expenses for current yearUSD $ 37,537
Total expenses for previous yearUSD $ 49,952
Other expenses in current yearUSD $ 37,537
Other expenses in previous yearUSD $ 44,952
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 5,000
Total revenue in current fiscal yearUSD $ -252,959
Total revenue in previous fiscal yearUSD $ 8,524
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 5,073

Other Company Names associated with EIN

FORSYTH COUNTY DEVELOPMENT CORPORAT

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 561576009

USA Mailing Address
1080 WEST 4TH STREET
WINSTONSALEM
NC
27101
Date first seen: 2007-01-01
Date last seen: 2025-10-31
USA Mailing Address
95 W 32ND STREET
WINSTONSALEM
NC
27105
Date first seen: 2007-07-01
Date last seen: 2025-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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