Business Advocacy
Represents member interests in policy development and advocates for pro-business initiatives at local and state levels
Establishing Winston-Salem as a technology-driven economic center
About Organization
Leading business organization focused on establishing Winston-Salem as a technology-driven economic center through business development, talent recruitment, and advocacy. Based in Winston-Salem, NC, the organization has served the community for more than 135 years. Operating with $2.8 million in annual revenue and 18 employees plus 100 volunteers.
Business Advocacy
Represents member interests in policy development and advocates for pro-business initiatives at local and state levels
Community Leadership
Develops business leadership capacity and facilitates collaboration on community priorities and regional challenges
Economic Growth
Promotes regional economic development through strategic partnerships and support for business expansion initiatives
Form 990 data showing organizational financial health and growth.
Revenue (2023)
$2.8M
+7.5% vs 2022
Expenses (2023)
$2.5M
+8.4% vs 2022
Assets (2023)
$3.8M
+12.9% vs 2022
Employees (2023)
18
-5.3% vs 2022
| Year | Revenue | Expenses | Assets | Employees |
|---|---|---|---|---|
| 2023 | $2,788,702 | $2,450,058 | $3,836,667 | 18 |
| 2022 | $2,593,189 | $2,259,352 | $3,397,180 | 19 |
| 2020 | $1,979,787 | $1,652,271 | $2,748,772 | 19 |
| 2019 | $1,751,594 | $1,888,625 | $2,577,263 | 15 |
| 2018 | $1,793,980 | $1,816,901 | $2,655,625 | 18 |
Source: IRS Form 990 filings. All figures in USD.
Identifies priority issues through stakeholder consultation and analysis of business community needs
Develops targeted initiatives based on member input and regional economic development priorities
Executes programs through partnerships with member organizations and community stakeholders
Evaluates outcomes through member feedback and tracks progress toward organizational objectives
Services and programs offered by Greater Winston-Salem Inc
Coordinates 2 grants for varying purposes efforts through strategic planning and implementation support
Coordinates to promote and encourage business development in winston-salem and forysth county efforts through strategic planning and implementation support
Provides networking opportunities, resources, and support to member organizations across the region
Facilitates collaboration between business and community stakeholders on shared priorities
Represents business interests in policy development and legislative initiatives at state and local levels
Meet the people behind Greater Winston-Salem Inc.
1942
1942
Established to serve business community development and economic growth initiatives
1984
1984
Extended programming and membership services to serve broader regional business community
2023
2023
Launched enhanced member services and expanded advocacy initiatives for business community
2026
2026
Maintains active programming serving member organizations and regional economic development priorities
Board members, advisors, and key contributors
Information compiled from IRS Form 990 and organizational materials.
Top compensated officers & key employees from IRS Form 990
Total Reported (2023)
$646K
Highest Paid
$310K
Mark Owens
Compensated Officers
3
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mark Owens | President/Ce | $285,430 | $24,421 | $309,851 | 24 |
| Nick Reed | CFO | $165,512 | $21,223 | $186,735 | 28 |
| Laura Lee | SVP Of Econo | $132,856 | $16,129 | $148,985 | — |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mark Owens | President/Ce | $278,250 | $22,840 | $301,090 | 24 |
| Nick Reed | CFO | $157,753 | $19,016 | $176,769 | 28 |
| Laura Lee | SVP Of Econo | $128,400 | $18,167 | $146,567 | — |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mark Owens | President/CEO | $155,598 | $20,370 | $175,968 | 24 |
| Renee Semones End 22920 | SR VP Finance & Operations | $81,824 | $3,872 | $85,696 | 40 |
| Nick Reed | Chief Financial Officer | $67,126 | $12,582 | $79,708 | 24 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mark Owens | President/CEO | $197,065 | $18,245 | $215,310 | 40 |
| Renee Semones | SR VP Finance And Operatio | $109,469 | $17,803 | $127,272 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Gayle N Anderson | Former President | $214,343 | $6,464 | $220,807 | 1 |
| Mark Owens | President/CEO | $196,600 | $7,907 | $204,507 | 40 |
| Renee Semones | SR VP Finance And Operations | $110,470 | $10,877 | $121,347 | 42 |
Source: IRS Form 990 filings. Compensation includes base and other reported compensation.
Grant funding relationships from IRS Form 990 filings
Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.
Get in touch with Greater Winston-Salem Inc