Program areas at Wake Forest Innovation Quarter CDC
The organization is the driving force behind the establishment of Innovation Quarter, a growing urban-based district for research, business and education in biomedical science, information technology, clinical services and advanced materials located in downtown winston-salem. Home to more than 90 companies, 5 leading academic institutions, 3,600 workers, and 1,800 students, the Innovation Quarter currently comprises more than 2 million square feet of office, laboratory and educational space on its 200 developable acres.
Personnel at Wake Forest Innovation Quarter CDC
| Name | Title | Compensation | Date of data |
|---|
| Terry L Hales | President | $0 | 2023-11-14 |
| Anita M Conrad | Assistant Secretary | $0 | 2022-12-31 |
| J McLain Wallace | Director , Vice President and Treasurer | $984,139 | 2022-12-31 |
| Susan R Wente | Director , Chair | $0 | 2022-12-31 |
| J Reid Morgan | Director and Secretary | $0 | 2022-12-31 |
| ...and 2 more key personnel |
Financials for Wake Forest Innovation Quarter CDC
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $0 | $0 | - |
| Investment income and dividends | $36 | $3 | 1100% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $75,000 | $0 | 999% |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $75,036 | $3 | - |
Organizations like Wake Forest Innovation Quarter CDC
| Organization | Type | Location | Revenue |
|---|
| Camba Economic Development Corporation | 501(c)(3) | Brooklyn, NY | $135,797 |
| Eastern Market Partnership | 501(c)(3) | Detroit, MI | $268,690 |
| Ferdinand Building Development Corporation | 501(c)(3) | Boston, MA | $172,078 |
| Ranken Community Development Corporation | 501(c)(3) | Saint Louis, MO | $59,703 |
| SoBro Local Development Corporation | 501(c)(3) | Bronx, NY | $47,050 |
| Boc Development Corporation | 501(c)(3) | Brooklyn, NY | $261,928 |
| Chautauqua Opportunities for Development | 501(c)(3) | Dunkirk, NY | $217,949 |
| Developspringfield Corporation | 501(c)(3) | Springfield, MA | $166,652 |
| East Athens Development Corporation | 501(c)(3) | Athens, GA | $279,894 |
| University District Development Corporation | 501(c)(3) | Little Rock, AR | $289,649 |
Data update history
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- Medical Blvd
- Winstonsalem, NC 27157
- Metro area
- Winston-Salem, NC
- County
- Forsyth County, NC
- Website URL
- innovationquarter.com/Â
- Phone
- (336) 716-4445
IRS details
- EIN
- 20-0177581
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2003
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Subordinate organization
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