NonprofitsCity Of Spartanburg Development Corporation

City Of Spartanburg Development Corporation

SPARTANBURG, SC

Total revenue

$432K

Total expenses

$351K

Net assets

$11.3M

Grants received

EIN

570738992

Tax year

2023

Mission

The corporation helps promote development by funding various community projects and by making loans to small businesses either from its own resources or from a bank loan pool.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$419K
Investment income$13K
Other revenue
Total revenue$432K

Expenses

Grants paid$100K
Salaries & benefits
Fundraising
Other expenses$251K
Total expenses$351K
Total assets$11.9M
Net assets$11.3M

People

7 listed

NameRoleCompensation

JEROME RICE MAYOR

PRESIDENT

Board

0.02 hrs/wk

KIMBERLY FLY

VICE PRESIDE

Board

0.02 hrs/wk

CHRIS STORY

SECRETARY/TR

Board

0.25 hrs/wk

ERICA BROWN

DIRECTOR

Board

0.02 hrs/wk

JOSH JONES

DIRECTOR

Board

0.02 hrs/wk

LAURA STILLE

DIRECTOR

Board

0.02 hrs/wk

DENNIS LOCKE

FINANCE DIRE

Board

0.25 hrs/wk

Details

EIN570738992
Subsection04
Ruling date1985-01
Formed1982
Employees0
CITY OF SPARTANBURG DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo