NonprofitsDevelopspringfield Corporation

Community Improvement & Capacity Building

Developspringfield Corporation

SPRINGFIELD, MA

Total revenue

Total expenses

$366K

Net assets

$3.5M

Grants received

$122K

5 grants

EIN

263862976

Tax year

2024

Mission

To aid in the speedy and orderly development or redevelopment of property in the city of springfield, including but not limited to unused, underused or undeveloped areas, and in the development, operation, and management of facilities and infrastructure necessary.

Financials

FY 2024

Revenue

Contributions & grants$408K
Program service revenue$89K
Investment income
Other revenue$15K
Total revenue

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$366K
Total expenses$366K
Total assets$3.8M
Net assets$3.5M

People

6 listed

NameRoleCompensation

Andrew Davis

Vice President

Board

1 hrs/wk

Arlen Carballo

Treasurer

Board

1 hrs/wk

Jose Claudio

Secretary

Board

1 hrs/wk

Antonio Dos Santos

Chairman

Board

1 hrs/wk

Timothy Sheehan

Director

Board

1 hrs/wk

Jeffrey Daley

President

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$25K
CONTRIBUTION
2022
$27K
EXEMPT PURPOSE
2020
$10K
SMALL BUSINESS INCUBATOR PROGRAM
2019
$30K
To promote development and redevelopment projects that stimulate and support economic growth and expedite City of Springfield revitalization.
2018
$30K
To promote development and redevelopment projects that stimulate and support economic growth and expedite City of Springfield revitalization.
2017

Funded by

$122K from 4 funders · 5 grants · 2017–2022

Baystate Health Inc

$60K · 2 grants · 2017–2018

Massmutual Foundation Inc

$27K · 1 grant · 2020

Give Music Inc

$25K · 1 grant · 2022

Td Charitable Foundation

$10K · 1 grant · 2019

Details

EIN263862976
NTEE codeS30
Subsection03
Ruling date2010-03
Formed2008
Employees0
Volunteers5
DEVELOPSPRINGFIELD CORPORATION — Mission, Financials & Grants Received | Grantivo