Winston-Salem Urban League
- Assets
- $877.8k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 172
- Location
- Winston Salem, NC
- Founding
- 03/1972
- Data as of
- 06/2021
- EIN
- 56-0532301
Organization Overview
Winston-Salem Urban League is located in Winston Salem, NC. The organization was established in 1972. According to its NTEE Classification (P22) the organization is classified as: Urban League, under the broad grouping of Human Services and related organizations. As of 06/2021, Winston-Salem Urban League employed 172 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winston-Salem Urban League is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Winston-Salem Urban League generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOPMENT OF PROGRAMS DESIGNED TO REVERSE ECONOMIC AND SOCIAL DETERIORATION OF MINORITY FAMILIES AND ELDERLY CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FURTHER THE ORGANIZATIONS MISSION OF DEVELOPMENT OF PROGRAMS DESIGNED TO REVERSE ECONOMIC AND SOCIAL DETERIORATION OF MINORITY FAMILIES AND ELDERLY CITIZENS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Perry President And CEO | Officer | 40 | $82,039 |
Gregory Parks Secretary | OfficerTrustee | 1 | $0 |
Kyle Haney Treasurer | OfficerTrustee | 1 | $0 |
Marquis Barnett Chair | OfficerTrustee | 1 | $0 |
Tim Bell Director | Trustee | 1 | $0 |
Jessica Leach Director Effective June 2021 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $65,422 |
| Membership dues | $2,185 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,214,137 |
| All other contributions, gifts, grants, and similar amounts not included above | $407,836 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,689,580 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $150 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,185 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,706,215 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,421 |
| Compensation of current officers, directors, key employees. | $10,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,027,128 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $85,313 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $56,746 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,689 |
| Office expenses | $10,495 |
| Information technology | $29,426 |
| Royalties | $0 |
| Occupancy | $19,742 |
| Travel | $392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,820 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,459 |
| Insurance | $41,808 |
| All other expenses | $0 |
| Total functional expenses | $1,519,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,455 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $103,263 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $676 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $555,402 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $877,796 |
| Accounts payable and accrued expenses | $54,072 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $100,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $75,442 |
| Total liabilities | $229,514 |
| Net assets without donor restrictions | $116,451 |
| Net assets with donor restrictions | $531,831 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $877,796 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Winston-Salem Urban League has recieved totaling $125,686.
| Awarding Organization | Amount |
|---|---|
United Way Of Forsyth County Inc Winstonsalem, NC PURPOSE: GENERAL SUPPORT | $115,686 |
Twin City Development Foundation Winstonsalem, NC PURPOSE: ECONOMIC DEVELOPMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Urban League Of Greater Atlanta Inc Atlanta, GA | $2,051,620 | $5,919,436 |
Urban League Of Central Carolinas Inc Charlotte, NC | $2,303,776 | $1,972,746 |
Winston-Salem Urban League Winston Salem, NC | $877,796 | $1,706,215 |
Urban League Of Middle Tennessee Nashville, TN | $5,962,009 | $1,476,248 |
Columbia Urban League Inc Columbia, SC | $2,143,937 | $1,467,098 |
Knoxville Area Urban League Knoxville, TN | $6,555,175 | $1,957,738 |
Urban League Of Hampton Roads Inc Norfolk, VA | $1,262,658 | $1,985,456 |
Urban League Of The Upstate Greenville, SC | $367,602 | $1,105,170 |
Memphis Urban League Inc Memphis, TN | $855,147 | $741,805 |
Greenville Urban League Seniors House Greenville, SC | $1,109,611 | $433,480 |
Urban League Of Greater Columbus Inc Columbus, GA | $0 | $507,396 |
Northern Virginia Urban League Inc Alexandria, VA | $535,412 | $321,758 |