Greensboro-Randolph Megasite Foundation Inc
- Assets
- $9.0m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 47-3163427
Organization Overview
Greensboro-Randolph Megasite Foundation Inc is located in Greensboro, NC. The organization was established in 2017. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greensboro-Randolph Megasite Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSEMBLE A TRACT OF LAND TO CREATE A MANUFACTURING MEGASITE TO ATTRACT AN ADVANCED MANUFACTURER AND CREATE JOBS. PROFESSIONAL FEES AND OTHER EXPENSES WERE INCURRED DURING 2021 IN CONNNECTION WITH LAND TRANSACTIONS DIRECTLY RELATED TO THIS EXEMPT ACTIVITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Es Melvin President | 1 | $0 | |
J Edward Kitchen Director | 1 | $0 | |
Carole Simms Vice President | 1 | $0 | |
Hal Johnson Director | 1 | $0 | |
Chris Wilson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,238 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,071 |
| Printing and publications | $0 |
| Other expenses | $6,285 |
| Total operating and administrative expenses | $29,594 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $29,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $842 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $9,014,047 |
| Other assets | $0 |
| Total assets | $9,014,889 |
| Accounts payable and accrued expenses | $1,696,035 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $8,906,724 |
| Other liabilities | $0 |
| Total liabilities | $10,602,759 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greensboro-Randolph Megasite Foundation Inc has recieved totaling $1,559,588.
| Awarding Organization | Amount |
|---|---|
The Joseph M Bryan Foundation Of Greater Greensboro Inc Greensboro, NC PURPOSE: SUPPORT FOR OPERATIONS | $1,559,588 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nash-Edgecombe Economic Development Inc Rocky Mount, NC | $2,214,551 | $9,450,498 |
Alexandria Economic Development Partnership Inc Alexandria, VA | $1,919,174 | $9,268,061 |
Richmond Metropolitan Convention & Vistors Bureau Richmond, VA | $6,099,091 | $8,138,093 |
Knoxville Convention & Visitors Bureau Inc Knoxville, TN | $5,768,468 | $5,619,069 |
South Carolina I-77 Alliance Richburg, SC | $4,361,702 | $6,505,378 |
Access To Capital For Entrepreneurs Inc Cleveland, GA | $88,796,114 | $11,013,240 |
Columbia Metropolitan Convention And Visitors Bureau Columbia, SC | $6,376,262 | $4,843,981 |
Srs Community Reuse Organization Aiken, SC | $6,557,053 | $4,875,445 |
Grove Park Foundation Inc Atlanta, GA | $25,190,874 | $3,791,912 |
Alexandria Convention And Visitors Association Inc Alexandria, VA | $744,565 | $3,884,098 |
Vibrant Memphis Inc Memphis, TN | $19,880,886 | $2,783,167 |
Hampton Roads Economic Development Alliance Norfolk, VA | $4,122,075 | $4,031,039 |