Nonprofit · EIN 82-4578409
BOSTON-THURMOND INNOVATION NETWORK
Tax-exempt · WINSTON SALEM, NC 27102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,559,726 | $1,015,509 | $1,544,217 | $2,767,341 | $210,580 | $2,556,761 |
| June 30, 2024 | 990 | $986,969 | $962,565 | $24,404 | $1,148,765 | $136,221 | $1,012,544 |
| June 30, 2023 | 990 | $1,071,193 | $566,252 | $504,941 | $997,536 | $9,396 | $988,140 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,556,102
- of which government grants
- $1,773,009
- Program service revenue
- $0
- Investment income
- $3,624
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,695
- Compensation of officers, directors and key employees
- $48,778
- Other salaries and wages
- $136,758
- Salaries, compensation and benefits (total)
- $199,745
- Professional fundraising fees
- $0
- Legal fees
- $202
- Accounting fees
- $39,985
- Occupancy
- $20,394
- Travel
- $20,938
- Depreciation
- $30,536
- Program services (functional)
- $889,443
- Management and general (functional)
- $126,066
Balance sheet and other
- Total assets, start of year
- $1,148,765
- Total assets, end of year
- $2,767,341
- Total liabilities, end of year
- $210,580
- Net assets, end of year
- $2,556,761
- Land, buildings and equipment
- $2,047,700
- Net assets without donor restrictions
- $2,048,775
- Net assets with donor restrictions
- $507,986
- Gross receipts
- $2,559,726
- Employees
- 3
- Volunteers
- 17
- Year formed
- 2017
- 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 |
|---|---|---|---|
| Regina Hall | Executive Director Officer | 40 | $80,530 |
| Pat Caldwell | Resident Vice Chair Trustee or director, Officer | 2 | $1,130 |
| Mark Tonnesen | Treasurer Trustee or director, Officer | 2 | $0 |
| Claire Tuttle | Secretary Trustee or director, Officer | 2 | $0 |
| Doug Smith | Vice Chair Trustee or director, Officer | 2 | $0 |
| Dr Pamela Oliver | Chair Trustee or director, Officer | 2 | $0 |
| Zina Johnson | Board Member Trustee or director | 1 | $0 |
| Dr Thomas Koontz | Board Member Trustee or director | 1 | $0 |
| Donald Flow | Board Member Trustee or director | 1 | $0 |
| Anna Reilly | Board Member Trustee or director | 1 | $0 |
| Eric Martin | Board Member Trustee or director | 1 | $0 |
| Dr Paula Wilkins | Board Member Trustee or director | 1 | $0 |
| Dothula Baron | Board Member Trustee or director | 1 | $0 |
| Ola Brown | Board Member Trustee or director | 1 | $0 |
| Dr Susan Wente | Board Member Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David West | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Regina Hall | Executive Director Officer | 40 | $18,800 |
| Doug Smith | Treasurer Trustee or director, Officer | 2 | $0 |
| Anna Reilly | Chair Trustee or director, Officer | 2 | $0 |
| Donald Flow | Board Member Trustee or director | 1 | $0 |
| Dr Thomas Koontz | Board Member Trustee or director | 1 | $0 |
| Zina Johnson | Board Member Trustee or director | 1 | $0 |
| Ola Brown | Board Member Trustee or director | 1 | $0 |
| Dothula Baron | Board Member Trustee or director | 1 | $0 |
| Paula Wilkins | Board Member Trustee or director | 1 | $0 |
| Dr Pamela Oliver | Board Member Trustee or director | 1 | $0 |
| Eric Martin | Board Member Trustee or director | 1 | $0 |
| Pat Caldwell | Board Member Trustee or director | 1 | $0 |
| Mark Tonnesen | Board Member Trustee or director | 1 | $0 |
| Claire Tuttle | Board Member Trustee or director | 1 | $0 |
| Dr Susan Wente | Board Member Trustee or director | 1 | $0 |
| David West | Board Member Trustee or director | 1 | $0 |
| Dr Julia Jackson-Newsom | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Regina Hall | Executive Director Officer | 40 | $18,800 |
| Doug Smith | Treasurer Trustee or director, Officer | 2 | $0 |
| Anna Reilly | Chair Trustee or director, Officer | 2 | $0 |
| Donald Flow | Board Member Trustee or director | 1 | $0 |
| Dr Thomas Koontz | Board Member Trustee or director | 1 | $0 |
| Zina Johnson | Board Member Trustee or director | 1 | $0 |
| Ola Brown | Board Member Trustee or director | 1 | $0 |
| Dothula Baron | Board Member Trustee or director | 1 | $0 |
| Paula Wilkins | Board Member Trustee or director | 1 | $0 |
| Dr Pam Oliver | Board Member Trustee or director | 1 | $0 |
| Eric Martin | Board Member Trustee or director | 1 | $0 |
| Pat Caldwell | Board Member Trustee or director | 1 | $0 |
| Mark Tonnesen | Board Member Trustee or director | 1 | $0 |
| Claire Tuttle | Board Member Trustee or director | 1 | $0 |
| Dr Susan Wente | Board Member Trustee or director | 1 | $0 |
| David West | Board Member Trustee or director | 1 | $0 |
| Dr Julia Jackson-Newsom | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 961, WINSTON SALEM, NC 27102-0961
- In care of
- % SYLVIA L OBERLE
- Mailing address (990-N for 2019)
- PO BOX 7226, WINSTON SALEM NC 27109
- Principal officer (990 for 2024)
- Regina Hall, PO Box 961, Winston Salem, NC 27102
- Principal officer (990-N for 2019)
- SYLVIA L OBERLE, PO BOX 7226, WINSTON SALEM NC 27109
- Signed the 990
- Regina Hall, Executive Director
- Phone
- (336) 769-6253
- Return prepared by
- Outfitters4 Inc
Mission
To facilitate and support the vision of Boston-Thurmond residents for a strong and economically viable neighborhood that is fully integrated into the broader Winston-Salem community. The Network helps implement an intertwined approach to community revitalization, consistent with the Purpose Built Communities model.
Program accomplishments
- In FY 24-25, we served approximately 460 residents at our office building through community programming including grand opening activities, community town halls, board meetings, and neighborhood association meetings. We conducted inspections and critical repairs of approximately 20K in the Boston-Thurmond neighborhood through our Safe Home Repair Program, preventing displacement of four families. We served approximately 524 in the Boston-Thurmond through digital literacy courses and distribution of laptop computers. We served 11 high school teenagers from 14-18 years old through our Summer Leadership by Design Camp, providing teens with technical skills in planning, architecture, and design. We served approximately 530 mothers through our Forsyth County Birth Stories initiative including sponsoring a community baby shower, and awarding over 20K in mini grants for programs designed to address equitable birth outcomes in the 27105 zip code. Participant satisfaction surveys have been highly favorable.Expenses $889,443 · grants $1,695
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
- 82-4578409
- 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
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $2,767,341
- Income (IRS master file)
- $2,559,726
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,559,726 | $1,015,509 | $2,767,341 | IRS |
| 990 | June 2024 | $986,969 | $962,565 | $1,148,765 | IRS |
| 990 | June 2023 | $1,071,193 | $566,252 | $997,536 | XML |
| 990 | June 2022 | $472,256 | $214,378 | $496,969 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: SYLVIA L OBERLE | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-4578409).
Questions about BOSTON-THURMOND INNOVATION NETWORK
- What is the EIN of BOSTON-THURMOND INNOVATION NETWORK?
- The employer identification number (EIN) of BOSTON-THURMOND INNOVATION NETWORK is 82-4578409.
- Is BOSTON-THURMOND INNOVATION NETWORK tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to BOSTON-THURMOND INNOVATION NETWORK tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BOSTON-THURMOND INNOVATION NETWORK 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 BOSTON-THURMOND INNOVATION NETWORK 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 BOSTON-THURMOND INNOVATION NETWORK 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 BOSTON-THURMOND INNOVATION NETWORK?
- The 990 for the year ended June 30, 2025 names Regina Hall.
- Who are the officers and directors of BOSTON-THURMOND INNOVATION NETWORK?
- The 990 for the year ended June 30, 2025 lists 16 people; 2 received compensation from the organization, the highest $80,530 (Regina Hall, Executive Director).
- How much revenue does BOSTON-THURMOND INNOVATION NETWORK have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,559,726, expenses of $1,015,509 and total assets of $2,767,341 at year end.
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All nonprofits in WINSTON SALEM · North Carolina · Community improvement and capacity building