PIEDMONT TRIAD PARTNERSHIP

EIN: 561750279 501(c)(3) Community Improvement

GREENSBORO, NC

Total Revenue
$1,943,011
Total Expenses
$1,797,139
Total Assets
$1,743,183
Net Assets
$1,537,729
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NC
Principal Officer
MIKE FOX
Phone
3366684556
Tax Period
2025-01-01 to 2025-12-31

PIEDMONT TRIAD PARTNERSHIP, founded in 1991, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2025. Expenses of $1.8M left a modest 8% surplus.

Mission

TO SERVE AS A REGIONAL ORGANIZATION TO PROMOTE THE TWELVE COUNTY AREA PIEDMONT TRIAD, NORTH CAROLINA, FOR THE PURPOSE OF ENHANCING ECONOMIC DEVELOPMENT OPPORTUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,771,918
Program Service Revenue $0
Investment Income $31,199
Other Revenue $139,894
TOTAL REVENUE $1,943,011

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,870
Fundraising Expenses $0
Program Expenses $1,499,432
Other Expenses $1,721,269
TOTAL EXPENSES $1,797,139

Year-over-Year Comparison

2025 2024 Change
Revenue $1,943,011 $1,853,083 +0.0%
Expenses $1,797,139 $1,536,233 +0.2%
Net Income $145,872 $316,850 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
56
Independent Members
56
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$259,996
Total Directors
54
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL SMITH SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT LONG VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DONALD FLOW VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
NIDO QUEBEIN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
SCOTT BAXTER VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
LOUIS DEJOY VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ALLEN GANT VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
HAROLD MARTIN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ARTHUR SAMET VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAVID ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
SPENCER BAIRD BOARD MEMBER 1.00
Director
$0 $0 $0
ANITA BACHMANN BOARD MEMBER 1.00
Director
$0 $0 $0
APRILLE BELL BOARD MEMBER 1.00
Director
$0 $0 $0
GRAHAM BENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
DR CONNIE BOOK BOARD MEMBER 1.00
Director
$0 $0 $0
LOUISE BRADY BOARD MEMBER 1.00
Director
$0 $0 $0
MARK BRAZIL BOARD MEMBER 1.00
Director
$0 $0 $0
BONITA BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
JOE BUDD BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER BYRNE BOARD MEMBER 1.00
Director
$0 $0 $0
MARY JO CAGLE BOARD MEMBER 1.00
Director
$0 $0 $0
ELISE PETERS CAREY BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY CLARE BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID CONGDON BOARD MEMBER 1.00
Director
$0 $0 $0
GREG COX BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM CURRIE BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS DUNBAR BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT EGLESTON BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE ANN FREISCHLAG BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK GILLIAM BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID GRIFFIN JR BOARD MEMBER 1.00
Director
$0 $0 $0
TRAVIS RHODES BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
AIMEE MCWHORTER BOARD MEMBER 1.00
Director
$0 $0 $0
CLARENCE MCDONALD BOARD MEMBER 1.00
Director
$0 $0 $0
ED KITCHEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MORROW BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MOUNTS BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID NEILL BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE PETERS BOARD MEMBER 1.00
Director
$0 $0 $0
BILL ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE BRENNER BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN STADING BOARD MEMBER 1.00
Director
$0 $0 $0
BEN STATON BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN TEAM BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE TROPSHA BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD VANORE BOARD MEMBER 1.00
Director
$0 $0 $0
PETER VOORHOEVE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN WENTE BOARD MEMBER 1.00
Director
$0 $0 $0
TAYLOR WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
TODD WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
HIDETO YAMASAKI BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK MESSINGER BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE FOX PRESIDENT AND CEO 25.00
Officer
$219,996 $0 $219,996
STANHOPE KELLY EXECUTIVE CHAIRMAN 5.00
Officer
$40,000 $0 $40,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,943,011 $1,797,139 $1,743,183 $145,872
2024 $1,853,083 $1,536,233 $1,583,079 $316,850
2023 $1,688,301 $1,570,868 $1,216,937 $117,433
2022 $1,108,424 $1,402,459 $1,146,131 $-294,035
2021 $1,128,819 $1,198,653 $1,385,303 $-69,834
2020 $1,044,717 $1,177,015 $1,502,677 $-132,298
2019 $1,220,873 $1,459,149 $1,606,334 $-238,276
2018 $1,248,600 $1,024,363 $1,827,159 $224,237
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