Nonprofit · EIN 56-1945804
DOWNTOWN WINSTON-SALEM FOUNDATION
Tax-exempt · WINSTON SALEM, NC 27101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $92,355 | $97,293 | -$4,938 | $1,633,748 | $9,000 | $1,624,748 |
| June 30, 2024 | 990 | $35,907 | $81,184 | -$45,277 | $1,641,686 | $12,000 | $1,629,686 |
| June 30, 2023 | 990 | $387,806 | $216,671 | $171,135 | $1,676,463 | $0 | $1,676,463 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $48,605
- Program service revenue
- $0
- Investment income
- $43,750
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $8,100
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,500
- Depreciation
- $5,869
- Program services (functional)
- $79,114
- Management and general (functional)
- $18,179
Balance sheet and other
- Total assets, start of year
- $1,641,686
- Total assets, end of year
- $1,633,748
- Total liabilities, end of year
- $9,000
- Net assets, end of year
- $1,624,748
- Land, buildings and equipment
- $22,070
- Net assets without donor restrictions
- $525,252
- Net assets with donor restrictions
- $1,099,496
- Gross receipts
- $92,355
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1995
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RALPH WOMBLE | DIRECTOR Trustee or director | 1 | $0 |
| MIKE CASHIN | DIRECTOR Trustee or director | 1 | $0 |
| JASON THIEL | EXECUTIVE DIRECTOR Trustee or director | 20 | $0 |
| MEADE WILLIS | CHAIR Trustee or director, Officer | 2 | $0 |
| DARA FOLAN | DIRECTOR Trustee or director | 1 | $0 |
| SUZY BAXTER | DIRECTOR Trustee or director | 1 | $0 |
| ANDERSON LANGFORD | DIRECTOR Trustee or director | 1 | $0 |
| KELLY OTIS | DIRECTOR Trustee or director | 1 | $0 |
| HEIDI SCHWARTZ | DIRECTOR Trustee or director | 1 | $0 |
| WALTER FARABEE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDERSON LANGFORD | DIRECTOR Trustee or director | 1 | $0 |
| SUZY BAXTER | DIRECTOR Trustee or director | 1 | $0 |
| KELLY OTIS | DIRECTOR Trustee or director | 1 | $0 |
| WALTER FARABEE | DIRECTOR Trustee or director | 1 | $0 |
| HEIDI SCHWARTZ | DIRECTOR Trustee or director | 1 | $0 |
| DARA FOLAN | DIRECTOR Trustee or director | 1 | $0 |
| RALPH WOMBLE | DIRECTOR Trustee or director | 1 | $0 |
| ALFRED ADAMS | DIRECTOR Trustee or director | 1 | $0 |
| MIKE CASHIN | DIRECTOR Trustee or director | 1 | $0 |
| JASON THIEL | EXECUTIVE DIRECTOR Trustee or director | 20 | $0 |
| MEADE WILLIS | CHAIR Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARA FOLAN | DIRECTOR Trustee or director | 1 | $0 |
| ERICKA MIELKE | DIRECTOR Trustee or director | 1 | $0 |
| SUZY BAXTER | DIRECTOR Trustee or director | 1 | $0 |
| KELLY OTIS | DIRECTOR Trustee or director | 1 | $0 |
| ANDERSON LANGFORD | DIRECTOR Trustee or director | 1 | $0 |
| HEIDI SCHWARTZ | DIRECTOR Trustee or director | 1 | $0 |
| ADAM SEBASTION | DIRECTOR Trustee or director | 1 | $0 |
| ALFRED ADAMS | DIRECTOR Trustee or director | 1 | $0 |
| RALPH WOMBLE | VICE CHAIR Trustee or director | 1 | $0 |
| JASON THIEL | EXECUTIVE DIRECTOR Trustee or director | 20 | $0 |
| MIKE CASHIN | DIRECTOR Trustee or director | 1 | $0 |
| MEADE WILLIS | CHAIR Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 515 N CHERRY ST, WINSTON SALEM, NC 27101-2919
- In care of
- % JASON THIEL
- Signed the 990
- JASON THIEL, EXECUTIVE DIRECTOR
- Phone
- (336) 354-1500
- Return prepared by
- DAVID C HINTON CPA PA
Mission
PROMOTE REVITALIZATION OF DOWNTOWN WINSTON-SALEM
Program accomplishments
- PROMOTED REVITALIZATION OF DOWNTOWN WINSTON-SALEMExpenses $79,114 · grants $48,605
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1945804
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $1,633,748
- Income (IRS master file)
- $92,355
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $92,355 | $97,293 | $1,633,748 | IRS |
| 990 | June 2024 | $35,907 | $81,184 | $1,641,686 | XML |
| 990 | June 2023 | $387,806 | $216,671 | $1,676,463 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1945804).
Questions about DOWNTOWN WINSTON-SALEM FOUNDATION
- What is the EIN of DOWNTOWN WINSTON-SALEM FOUNDATION?
- The employer identification number (EIN) of DOWNTOWN WINSTON-SALEM FOUNDATION is 56-1945804.
- Is DOWNTOWN WINSTON-SALEM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to DOWNTOWN WINSTON-SALEM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does DOWNTOWN WINSTON-SALEM FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DOWNTOWN WINSTON-SALEM FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOWNTOWN WINSTON-SALEM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of DOWNTOWN WINSTON-SALEM FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does DOWNTOWN WINSTON-SALEM FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $92,355, expenses of $97,293 and total assets of $1,633,748 at year end.
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All nonprofits in WINSTON SALEM · North Carolina · Community improvement and capacity building