NonprofitsPiedmont Business Capital

Community Improvement & Capacity Building

Piedmont Business Capital

GREENSBORO, NC

Total revenue

$446K

Total expenses

$1.0M

Net assets

$2.3M

Grants received

$665K

12 grants

EIN

561872877

Tax year

2024

Mission

To generate economic growth, encourage small business development, create jobs, and revitalize neighborhoods by providing loans and financial services to underserved business

Financials

FY 2024

Revenue

Contributions & grants$317K
Program service revenue$563
Investment income$129K
Other revenue
Total revenue$446K

Expenses

Grants paid
Salaries & benefits$439K
Fundraising
Other expenses$603K
Total expenses$1.0M
Total assets$2.8M
Net assets$2.3M

People

11 listed

NameRoleCompensation

Michael McKinney

Executive Director CEO

Board

$132K

40 hrs/wk

Karl Robinson

Chairman

Board

0

Erestine Guidry

Vice Chairman

Board

0

Reginald McCaskill

Board Member

Board

0

Taiwo Jaiyeoba

Board Member

Board

0

Cathy Knowles

Secretary

Board

0

Carlvena Foster

Board Member

Board

0

Jose Sandoval

Treasurer

Board

0

Mitch Gibson

Board Member

Board

0

David Lane

Board Member

Board

0

Larry Davis

Board Member

Board

0

Grants received

Showing 12 of 12

FromAmountPurposeYear
$35K
FOR GENERAL OPERATING SUPPORT
2024
$100K
CDFI CAPACITY BUILDING PROGRAM GRANTS
2023
$73K
GENERAL SUPPORT
2023
$70K
RENEWAL - FOR GENERAL OPERATING SUPPORT
2023
$70K
FOR GENERAL OPERATING SUPPORT
2022
$25K
1 GRANT(S) FOR VARYING PURPOSES
2022
$25K
ECOSYSTEM GRANTS
2022
$23K
GENERAL SUPPORT
2022
$100K
GENERAL SUPPORT
2020
$70K
EMERGENCY BUSINESS ASSISTANCE GRANT
2020
$50K
2 GRANT(S) FOR VARYING PURPOSES
2020
$25K
ECOSYSTEM GRANTS
2020

Funded by

$665K from 6 funders · 12 grants · 2020–2024

Community Foundation Of Greater

$195K · 3 grants · 2020–2023

Z Smith Reynolds Foundation Inc

$175K · 3 grants · 2022–2024

The Winston-Salem Foundation

$75K · 2 grants · 2020–2022

Appalachian Community Capital

$70K · 1 grant · 2020

Nc Idea

$50K · 2 grants · 2020–2022

Details

EIN561872877
NTEE codeS43
Subsection03
Ruling date1999-04
Formed1993
Employees9
PIEDMONT BUSINESS CAPITAL — Mission, Financials & Grants Received | Grantivo