NonprofitsSpringfield Business Development Corporation

Springfield Business Development Corporation

SPRINGFIELD, MO

Total revenue

$962K

Total expenses

$1.0M

Net assets

$509K

Grants received

$330K

11 grants

EIN

431309497

Tax year

2024

Mission

To provide continued revenue source for the chamber's economic dev. Program; assisting business and industry and attracting new business and industry to the region.

Programs

2 programs

Workforce development - in order to meet the most pressing need of existing businesses, newly attracted businesses and start-up companies, the sbdc has significantly increased its focus on workforce development. Staff administers significant programs focused on developing talent within the existing education system, attracting talent to the region from outside the area and retaining talent already in the region or attending school in the region. All of these efforts will give springfield a competitive advantage now and into the foreseeable future.

Expenses: $333K

Business development initiatives - in 2024, our aggressive approach to assisting existing companies with growth options, continued along with our outreach to bring new primary industry sector employers to the area. Staff held numerous face-to-face meetings with local business leaders to identify barriers to growth and investments they may need to make to ensure their presence in the region. See schedule o for additional information.

Expenses: $285K

Financials

FY 2024

Revenue

Contributions & grants$666K
Program service revenue$269K
Investment income$27K
Other revenue
Total revenue$962K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.0M
Total expenses$1.0M
Total assets$1.3M
Net assets$509K

People

20 listed

NameRoleCompensation

Brad Erwin

Board Vice President

Board

1 hrs/wk

Christina Angle

Board President

Board

2 hrs/wk

David Atkisson

Board Treasurer

Board

1 hrs/wk

Matt Morrow

Board Secretary

Board

1 hrs/wk

Bob Dixon

Board Member

Board

1 hrs/wk

Brent Baldwin

Board Member

Board

1 hrs/wk

Brian Hammons

Board Member

Board

1 hrs/wk

Carl Kicklighter

Board Member

Board

1 hrs/wk

Chris Stange

Board Member

Board

1 hrs/wk

Gary Gibson

Board Member

Board

1 hrs/wk

Gary Schafer

Board Member

Board

1 hrs/wk

Hollie Elliott

Board Member

Board

1 hrs/wk

Jake McWay

Board Member

Board

1 hrs/wk

Jason Gage

Board Member

Board

1 hrs/wk

Jason Smith

Board Member

Board

1 hrs/wk

Joe Wilkinson

Board Member

Board

1 hrs/wk

Joselyn Baldner

Board Member

Board

1 hrs/wk

Robert Randolph

Board Member

Board

1 hrs/wk

Stephanie O'Connor

Board Member

Board

1 hrs/wk

Trevor Crist

Board Member

Board

1 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$8K
USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION
2024
$53K
TO SUPPORT MISSION OF ORGANIZATION
2023
$50K
MTC GRANTED FUNDING TO ASSIST ENTREPRENEURIAL SUPPORT ORGANIZATIONS TO COORDINATED PARTNERSHIPS TO SUPPORT INNOVATION & ENTREPRENEURSHIP IN THE SOUTHWEST REGION OF MISSOURI
2023
$10K
SUPPORT
2023
$8K
USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION
2023
$50K
Workforce investment
2022
$8K
USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.
2022
$53K
ECONOMIC AND WORKFORCE SUPPORT
2021
$53K
SBDC (Springfield Building Development). Donation was made to support the "Economic and Workforce Development" program. (Education and Community Economic Assessment).
2020
$8K
USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.
2020

Funded by

$330K from 5 funders · 11 grants · 2020–2024

Mercy Health Springfield Communities

$208K · 4 grants · 2020–2023

Missouri Technology Corporation

$50K · 1 grant · 2023

Commerce Bancshares Foundation

$30K · 4 grants · 2020–2024

Burrell Inc

$10K · 1 grant · 2023

Details

EIN431309497
Subsection03
Ruling date1984-07
Formed1983
Employees0
Volunteers25
SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo