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EIN 26-3862976

Developspringfield Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Springfield
State
Massachusetts
Year formed
2008
Most recent tax filings
2022-06-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Developspringfield Corporation aids development or redevelopment in the city of Springfield, Massachusetts, including unused, underused or undeveloped areas. The corporation advances projects to stimulate economic growth and expedite revitalization within the city by developing, operating and managing facilities and infrastructure.
Total revenues
$166,652
2022
Total expenses
$196,268
2022
Total assets
$6,116,230
2022
Num. employees
0
2022

Program areas at Developspringfield Corporation

Advance development and redevelopment projects, to stimulate and support economic growth, and to expedite the revitalization process within the city of springfield.

Who funds Developspringfield Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
TD Charitable FoundationSmall Business Incubator Program$10,000

Personnel at Developspringfield Corporation

NameTitleCompensation
Chris RussellExecutive Director$0
J Jeffrey SullivanTreasurer$0
Jose ClaudioAssistant Clerk , Director$0
Melinda PhelpsVice - Chair / Vice Chair , Director$0
Nicholas FrytrilakisChair$0
...and 8 more key personnel

Financials for Developspringfield Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Program services$159,940
Investment income and dividends$-16,978
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$23,690
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$166,652

Form 990s for Developspringfield Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2020-062022-02-24990View PDF
2020-062021-05-25990View PDF
2019-062021-01-28990View PDF
2018-062019-09-14990View PDF
...and 8 more Form 990s
Data update history
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 7, 2023
Updated personnel
Identified 5 new personnel
June 26, 2023
Used new vendors
Identified 1 new vendor, including
May 23, 2023
Used new vendors
Identified 1 new vendor, including
July 22, 2022
Received grants
Identified 1 new grant, including a grant for $10,000 from TD Charitable Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelManagement and technical assistanceGala fundraisersTax deductible donationsNo full-time employees
General information
Address
1331 Main St
Springfield, MA 01103
Metro area
Springfield, MA
County
Hampden County, MA
Website URL
developspringfield.com/ 
Phone
(413) 209-8808
IRS details
EIN
26-3862976
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2008
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
Independent
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