EIN 56-1750279

Piedmont Triad Partnership

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
1991
Most recent tax filings
2022-12-01
NTEE code, primary
Description
PTP markets and promotes the 12-county area of Piedmont Triad, NC, for regional economic development by identifying potential business investments.
Total revenues
$1,108,424
2022
Total expenses
$1,402,459
2022
Total assets
$1,146,131
2022
Num. employees
1
2022

Program areas at Piedmont Triad Partnership

Regional marketing and communications:ptp continued its program of work in economic development marketing and business development for the 12-county region through branding and marketing the carolina core brand. Funds were spent to augment and refresh collateral supporting the overarching messages, traveling to industry meetings and one-on-one meetings with companies and advisors to companies, advertising in print and digital media, and the personnel to support these activities. The tactics focused on industrial product development, talent and workforce development, aerospace and aviation, as well as other promising sectors in advanced technology and manufacturing fields. Activities identified new prospects for job growth in the region, supported the progress of companies making business location decisions, and promoted the region through media and public relations. The program was expanded to include marketing to talent or persons who might locate in the region, in addition to marketing to businesses. This is a response to the needs of regional businesses for an increased talent pool to fuel economic success.
Regional economic development regional economic development focuses in several areas. The focus in 2021 and forward is toward the following development and strategic areas:idetifying and communicating with companies that will invest in and add jobs in the region, development of aviation industry public/private with focus on pti airport expansion, development of the talent pipeline and development systems in the region, and support for a regional approach to entrepreneurial development.

Who funds Piedmont Triad Partnership

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Winston-Salem Foundation1 Grant(s) for Varying Purposes$292,500
The Joseph M Bryan FoundationInvestment for Economic Development$150,000
Schwab Charitable FundPublic, Societal Benefit$75,000
...and 8 more grants received

Personnel at Piedmont Triad Partnership

NameTitleCompensation
Mike FoxPresident and Chief Executive Officer$206,664
Stanhope KellyPast Executive Chairman$50,000
Robert LongChairman$0
Bill SmithSecretary - Treasurer$0
Cantey AlexanderVice Chairman$0
...and 10 more key personnel

Financials for Piedmont Triad Partnership

RevenuesFYE 12/2022
Total grants, contributions, etc.$984,474
Program services$0
Investment income and dividends$94
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$356
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$123,500
Total revenues$1,108,424

Form 990s for Piedmont Triad Partnership

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-15990View PDF
2021-122022-05-02990View PDF
2020-122021-05-21990View PDF
2019-122020-09-22990View PDF
2018-122019-07-23990View PDF
...and 9 more Form 990s
Data update history
December 24, 2023
Received grants
Identified 9 new grant, including a grant for $292,500 from The Winston-Salem Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 10 new personnel
May 14, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Human rightsCommunity improvementEconomic development
Characteristics
Political advocacyLobbyingEndowed supportTax deductible donations
General information
Address
PO Box 2672
High Point, NC 27261
Metro area
Greensboro-High Point, NC
County
Guilford County, NC
Website URL
piedmonttriadnc.com/ 
Phone
(336) 668-4556
IRS details
EIN
56-1750279
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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