NonprofitsEast Market Street Development Corporation

Community Improvement & Capacity Building

East Market Street Development Corporation

GREENSBORO, NC

Total revenue

$1.1M

Total expenses

$564K

Net assets

$702K

Grants received

$1.1M

8 grants

EIN

562039492

Tax year

2024

Mission

Offers comprehensive revitalization services in east greensboro, nc that create and sustain assets through economic, business and community development services and programs the corporation is helping rebuild the business community in east greensboro through two of its committees, the business development committee (bdc) and the economic revitalization committee (erc)

Programs

1 program

Maintenance and development/upkeep of owned properties in target development areas.

Expenses: $236K

Financials

FY 2024

Revenue

Contributions & grants$862K
Program service revenue$263K
Investment income$33
Other revenue$5K
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$226K
Fundraising$18K
Other expenses$338K
Total expenses$564K
Total assets$2.6M
Net assets$702K

People

16 listed

NameRoleCompensation

MACARTHUR SIMS

EXECUTIVE DIRECTOR

Board

$100K

40 hrs/wk

ANDRENA COLEMAN

CHAIRMAN

Board

0.5 hrs/wk

CARL W BROWER JR

VICE CHAIRMAN

Board

0.5 hrs/wk

LADANIEL GATLING II

TREASURER

Board

0.25 hrs/wk

CHARLENE Y ARMSTRONG

SECRETARY

Board

0.25 hrs/wk

SHARON HIGHTOWER

DIRECTOR

Board

0.25 hrs/wk

G MARK PRINCE

DIRECTOR

Board

0.25 hrs/wk

J BRENT CHRISTENSEN

DIRECTOR

Board

0.25 hrs/wk

TIMOTHY MINOR

DIRECTOR

Board

0.25 hrs/wk

FRANKIE JONES

DIRECTOR

Board

0.25 hrs/wk

GOLDIE WELLS

DIRECTOR

Board

0.25 hrs/wk

ERNESTINE SURGEON

DIRECTOR

Board

0.25 hrs/wk

RODVEGAS INGRAM

DIRECTOR

Board

0.25 hrs/wk

PHANALPHIE RHUE

DIRECTOR

Board

0.25 hrs/wk

JAY JUNG

DIRECTOR

Board

0.25 hrs/wk

BETTY WATSON

DIRECTOR

Board

0.25 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$13K
GENERAL OPERATING SUPPORT
2024
$701K
RESPONSE TO COMMUNITY NEEDS - FY24 AND EAST GREENS
2023
$50K
GENERAL OPERATING
2023
$200K
GENERAL SUPPORT
2018
$10K
PROGRAM/OPERATING SUPPORT
2018

Funded by

$1.1M from 7 funders · 8 grants · 2018–2024

Moses Cone - Wesley Long Community

$701K · 1 grant · 2023

Community Foundation Of Greater

$200K · 1 grant · 2018

The Bank of America Charitable Foundation Inc

$50K · 2 grants · 2018–2020

Truist Foundation Inc

$50K · 1 grant · 2023

Blueprint North Carolina

$15K · 1 grant · 2020

The Cemala Foundation Inc

$13K · 1 grant · 2024

Details

EIN562039492
NTEE codeS20
Subsection03
Ruling date1998-06
Formed1997
Employees3
Volunteers0
EAST MARKET STREET DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo