Nonprofit · EIN 56-2087076
S G ATKINS COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · WINSTON SALEM, NC 27107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,250,298 | $1,252,587 | -$2,289 | $4,860,936 | $1,819,512 | $3,041,424 |
| June 30, 2024 | 990 | $1,093,151 | $1,240,102 | -$146,951 | $4,658,977 | $1,754,540 | $2,904,437 |
| June 30, 2023 | 990 | $812,357 | $1,064,370 | -$252,013 | $4,819,862 | $1,768,474 | $3,051,388 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $775,196
- Program service revenue
- $308,570
- Investment income
- $3,000
- Other revenue
- $163,532
Expenses
- Grants and similar amounts paid
- $138,720
- Other salaries and wages
- $405,234
- Salaries, compensation and benefits (total)
- $445,548
- Professional fundraising fees
- $0
- Accounting fees
- $46,430
- Travel
- $10,212
- Depreciation
- $132,211
- Program services (functional)
- $1,127,576
- Management and general (functional)
- $125,011
Balance sheet and other
- Total assets, start of year
- $4,658,977
- Total assets, end of year
- $4,860,936
- Total liabilities, end of year
- $1,819,512
- Net assets, end of year
- $3,041,424
- Land, buildings and equipment
- $3,863,367
- Net assets without donor restrictions
- $2,941,031
- Net assets with donor restrictions
- $100,393
- Gross receipts
- $1,250,298
- Employees
- 23
- Volunteers
- 15
- Year formed
- 1998
- 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 | From related orgs |
|---|---|---|---|---|
| CAROL DAVIS | EXECUTIVE DIRECTOR Officer | 40 | $0 | $110,594 |
| MARCUS COX | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TANGELA TOWNS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAIN LAMARQUE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| COURTNEY BEAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR TONY OKAFOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUAN AGUILAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REV TEMBILA COVINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONYA D MCDANIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REV RANDELL CAIN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD D DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA PATTERSON-MASUKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK INGRAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROL CAIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LISA MCCLINTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL ROSE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| CAROL DAVIS | EXECUTIVE DIRECTOR Officer | 40 | $0 | $106,757 |
| MARCUS COX | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TANGELA TOWNS PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAIN LAMARQUE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| COURTNEY BEAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR TONY OKAFOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUAN AGUILAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REVEREND TEMBILA COVINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONYA MCDANIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REVEREND RANDELL CAIN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JILL KEITH PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA PATTERSON-MASUKA PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK INGRAM PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROL CAIN PHD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LISA MCCLINTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL ROSE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| CAROL DAVIS | EXECUTIVE DIRECTOR Officer | 40 | $0 | $104,450 |
| MARIAN ANDERSON-BOOKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VIRGINIA HARDESTY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CONSTANCE MALLETTE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| EVELYN ACREE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON THIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATRINA MCCOY SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD G MOYE PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENYA THORNTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TIMOTHY MCMULLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONYA MCDANIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REVEREND RANDELL CAIN | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JILL KEITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA PATTERSON-MASUKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK INGRAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1922 S MARTIN LUTHER KING JR DR, WINSTON SALEM, NC 27107-1361
- In care of
- % WINSTON-SALEM STATE UNIVERSITY
- Principal officer (990 for 2024)
- CAROL DAVIS, 1922 S MARTIN LUTHER KING DRIVE, WINSTONSALEM, NC 27107
- Signed the 990
- CAROL DAVIS, EXECUTIVE DIRECTOR
- Phone
- (336) 734-6915
- Website
- WWW.SGACDC.ORG
- Return prepared by
- DMJPS PLLC
Mission
HOUSING RESTORATION AND OVERALL ECONOMIC DEVELOPMENT IN EAST WINSTON-SALEM, NORTH CAROLINA ALONG THE MARTIN LUTHER KING JR. DRIVE CORRIDOR
Program accomplishments
- FUNDED VARIOUS INITIATIVES IN MARTIN LUTHER KING JR. CORRIDOR FOR INFRASTRUCTURE DEVELOPMENT, ECONOMIC DEVELOPMENT, RECRUITMENT AND SITE DEVELOPMENT. THE ORGANIZATION COMPLETED SINGLE FAMILY HOMES ON HARDESTY LANE. THE ORGANIZATION SUBMITTED OFFERS TO PURCHASE AND INCURRED DUE DILIGENCE EXPENSES - EARNEST MONEY DEPOSIT, APPRAISALS, ENGINEERING ASSESSMENTS, ATTORNEYS FEES. THE ORGANIZATION HAS PAID FOR DESIGN TO ENLARGE THE COMMUNITY SHARED-USE KITCHEN.Expenses $1,127,576 · grants $138,720 · revenue $472,102
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
- 56-2087076
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $4,860,936
- Income (IRS master file)
- $1,250,298
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,250,298 | $1,252,587 | $4,860,936 | XML |
| 990 | June 2024 | $1,093,151 | $1,240,102 | $4,658,977 | IRS |
| 990 | June 2023 | $812,357 | $1,064,370 | $4,819,862 | XML |
| 990 | June 2022 | $1,070,705 | $947,974 | $5,237,337 | 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 56-2087076).
Questions about S G ATKINS COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of S G ATKINS COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of S G ATKINS COMMUNITY DEVELOPMENT CORPORATION is 56-2087076.
- Is S G ATKINS COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to S G ATKINS COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does S G ATKINS COMMUNITY DEVELOPMENT CORPORATION 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 S G ATKINS COMMUNITY DEVELOPMENT CORPORATION 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 S G ATKINS COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of S G ATKINS COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names CAROL DAVIS.
- Who are the officers and directors of S G ATKINS COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does S G ATKINS COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,250,298, expenses of $1,252,587 and total assets of $4,860,936 at year end.
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