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St Louis Development Coroporation

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$25.2M (2023)

Expenses
$28.9M (2023)

Total Assets
$63.1M (2023)

Total Liabilities
$63.3M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,186,270
Expenses
$28,853,773
Net Income
-$3,667,503
Net Assets
-$168,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,015,244
99.3%
Investment Income $71,619
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $69,257
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,150
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,376,756
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $6,972,271
24.2%
Assets/Debt
Total Assets $63,081,613
Total Liabilities $63,250,404
Net Assets -$168,791
Compensation
Key Employees and Officers Compensation Related Other
Neal Richardson (Chairman/Executive Dir) $264,447 $0 $40,834
Daffney Moore (Chief Of Staff) $214,397 $0 $29,212
Paul Orr (Svp Real Estate Development) $155,786 $0 $23,554
Lance Knuckles (Svp Strategic Growth And Development) $148,950 $0 $22,484
Charles Hahn (Treasurer/Svp Cfo) $146,935 $0 $14,771
Stacey Lynn Fowler (Svp Minority Business Empowerment) $146,384 $0 $22,689
Simon Huang (Chief Techology Officer) $124,974 $0 $21,339
Shameem Clark Hubbard (Member) $0 $0 $0
Cara Spencer (Member) $0 $0 $0
Matthew S Mcbride (Member) $0 $0 $0
Loura Gilbert (Member) $0 $0 $0
Sean Spencer (Member) $0 $0 $0
Gary Reed (Member) $0 $0 $0
Calvin Arnold (Member) $0 $0 $0
Marvin Anderson (Vice Chair) $0 $0 $0
David Meyer (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,007,732
Expenses
$11,937,216
Net Income
-$4,929,484
Net Assets
-$553,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,648,949
94.9%
Investment Income $1,434
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $341,428
4.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,921
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,212,687
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $5,230,156
43.8%
Assets/Debt
Total Assets $13,361,721
Total Liabilities $13,915,408
Net Assets -$553,687
Compensation
Key Employees and Officers Compensation Related Other
Otis Willaims (Past Chairman/Executive Dir) $179,507 $0 $24,965
Daffney Moore (Chief Of Staff) $132,564 $0 $20,722
Paul Orr (Project Manager) $131,005 $0 $20,381
Robert J Gaskill Clemons (Chief Technology Officer) $122,963 $0 $19,304
Charles Hahn (Treasurer/Controller) $122,118 $0 $19,275
Dale E Ruthsatz (Director Of Commercial Dev) $120,368 $0 $15,211
Laura Costello (Director Of Real Estate) $114,500 $0 $19,057
Neal Richardson (Chairman/Executive Dir) $103,349 $0 $3,616
Marlene Davis (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Matthew S Mcbride (Member) $0 $0 $0
Pam Boyd (Member) $0 $0 $0
Clarence Dula (Member) $0 $0 $0
Sean Spencer (Member) $0 $0 $0
David Meyer (Secretary) $0 $0 $0
Marvin Anderson (Vice Chair) $0 $0 $0
Loura Gilbert (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,294,204
Expenses
$15,818,951
Net Income
-$3,524,747
Net Assets
$442,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,953,627
97.2%
Investment Income $6,080
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $331,806
2.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,691
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,122,019
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $5,034,316
31.8%
Assets/Debt
Total Assets $13,684,401
Total Liabilities $13,241,942
Net Assets $442,459
Compensation
Key Employees and Officers Compensation Related Other
Otis Williams (Chairman/Executive Dir) $248,339 $0 $26,420
Robert J Gaskill Clemons (Chief Technology Officer) $170,169 $0 $22,783
Dale E Ruthsatz (Director Of Commercial Dev) $118,836 $0 $17,199
Charles Hahn (Treasurer/Controller) $118,381 $0 $17,347
Paul Orr (Project Manager) $117,752 $0 $17,919
Laura Costello (Director Of Real Estate) $111,470 $0 $17,689
Daffney Moore (Chief Of Staff) $104,580 $0 $13,026
Marlene Davis (Member) $0 $0 $0
Loura Gilbert (Member) $0 $0 $0
Jeffrey Boyd (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Mark H Levison (Member) $0 $0 $0
Matthew S Mcbride (Member) $0 $0 $0
Sean Spencer (Member) $0 $0 $0
Marvin Anderson (Member) $0 $0 $0
Nahuel Fefer (President) $0 $0 $0
David Meyer (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,076,509
Expenses
$10,551,384
Net Income
-$3,474,875
Net Assets
$364,962
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,676,042
94.3%
Investment Income $14,571
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $346,380
4.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $39,516
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,021,189
9.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,816,421
45.6%
Assets/Debt
Total Assets $14,298,358
Total Liabilities $13,933,396
Net Assets $364,962
Compensation
Key Employees and Officers Compensation Related Other
Robert J Gaskill Clemons (Chief Technology Officer) $187,957 $0 $22,152
Otis Williams (Chairman/Executive Director) $169,102 $0 $25,441
Melanie A Crecelius (Director Of Human Resources) $117,812 $0 $10,058
Charles Hahn (Treasurer/Controller) $112,416 $0 $17,239
Dale E Ruthsatz (Deputy Executive Director) $112,022 $0 $17,436
Paul Orr (Deputy Executive Director) $111,365 $0 $17,600
Laura Costello (Director Of Real Estate) $105,012 $0 $17,224
Alderman Joseph Roddy (Member) $0 $0 $0
Loura Gilbert (Member) $0 $0 $0
Wendy Timm (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Mark H Levison (Member) $0 $0 $0
Matthew S Mcbride (Member) $0 $0 $0
Alderman Joseph Vollmer (Member) $0 $0 $0
Marvin Anderson (Member) $0 $0 $0
Leslye Mitchell Yancey (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,368,236
Expenses
$10,668,077
Net Income
-$3,299,841
Net Assets
$301,022
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,011,935
95.2%
Investment Income $8,635
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $341,368
4.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,298
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $925,415
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,794,013
44.9%
Assets/Debt
Total Assets $13,619,736
Total Liabilities $13,318,714
Net Assets $301,022
Compensation
Key Employees and Officers Compensation Related Other
Otis Williams (Chairman) $165,740 $0 $25,138
Robert J Gaskill Clemons (Chief Technology Officer) $135,789 $0 $10,059
Charles Hahn (Treasurer) $110,161 $0 $17,033
Dale E Ruthsatz (Director Of Commercial Dev) $109,802 $0 $17,233
Paul Orr (Deputy Executive Director) $108,344 $0 $17,400
Laura Costello (Director Of Real Estate) $102,836 $0 $17,036
Alderman Joseph Roddy (Member) $0 $0 $0
Loura Gilbert (Member) $0 $0 $0
Wendy Timm (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Mark H Levison (Member) $0 $0 $0
Matthew S Mcbride (Member) $0 $0 $0
Alderman Joseph Vollmer (Member) $0 $0 $0
Marvin Anderson (Member) $0 $0 $0
Leslye Mitchell Yancey (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,958,938
Expenses
$8,913,981
Net Income
-$2,955,043
Net Assets
$297,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,601,722
94.0%
Investment Income $1,932
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $348,235
5.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,049
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $563,175
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,573,145
51.3%
Assets/Debt
Total Assets $10,437,923
Total Liabilities $10,140,057
Net Assets $297,866
Compensation
Key Employees and Officers Compensation Related Other
Otis Williams (Chairman) $162,761 $0 $24,896
Dale E Ruthsatz (Director Of Commercial Development) $108,326 $0 $17,670
Charles Hahn (Treasurer) $106,548 $0 $16,841
Laura Costello (Director Of Real Estate) $102,383 $0 $17,150
Alderman Joseph Roddy (Member) $0 $0 $0
Chris Goodson (Member) $0 $0 $0
Loura Gilbert (Member) $0 $0 $0
Wendy Timm (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Mark H Levison (Member) $0 $0 $0
Matthew S Mcbride (Member) $0 $0 $0
Leslye Mitchell Yancey (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,086,226
Expenses
$9,105,543
Net Income
-$3,019,317
Net Assets
$157,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,720,124
94.0%
Investment Income $1,757
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $358,597
5.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,748
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $282,058
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,801,968
52.7%
Assets/Debt
Total Assets $8,204,400
Total Liabilities $8,046,516
Net Assets $157,884
Compensation
Key Employees and Officers Compensation Related Other
Otis Williams (Executive Director) $159,532 $0 $21,743
Dale E Ruthsatz (Deputy Director) $104,939 $0 $17,122
Alderman Stephen Conway (Member) $0 $0 $0
Loura Gilbert (Member) $0 $0 $0
Chris Goodson (Member) $0 $0 $0
Mark H Levison (Member) $0 $0 $0
Matthew S Mc Bride (Member) $0 $0 $0
Alderman Joseph Roddy (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Wendy Timm (Member) $0 $0 $0
Leslye Mitchell Yancey (Secretary) $0 $0 $0
Charles Hahn (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,209,398
Expenses
$9,411,919
Net Income
-$3,202,521
Net Assets
$113,511
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,217,830
84.0%
Investment Income $3,067
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $359,717
5.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $628,784
10.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $262,729
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $4,500,158
47.8%
Assets/Debt
Total Assets $7,437,449
Total Liabilities $7,323,938
Net Assets $113,511
Compensation
Key Employees and Officers Compensation Related Other
Otis Williams (Executive Director) $157,729 $0 $21,385
Dale E Ruthsatz (Deputy Director) $105,000 $0 $15,840
Alderman Stephen Conway (Member) $0 $0 $0
Loura Gilbert (Member) $0 $0 $0
Chris Goodson (Member) $0 $0 $0
Mark H Levison (Member) $0 $0 $0
Matthew S Mc Bride (Member) $0 $0 $0
Alderman Joseph Roddy (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Wendy Timm (Member) $0 $0 $0
Leslye Mitchell Yancey (Secretary) $0 $0 $0
Charles Hahn (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,354,556
Expenses
$8,713,496
Net Income
-$3,358,940
Net Assets
$160,627
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,345,336
81.2%
Investment Income $3,848
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $274,085
5.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $731,287
13.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $254,261
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,480,118
51.4%
Assets/Debt
Total Assets $8,214,634
Total Liabilities $8,054,007
Net Assets $160,627
Compensation
Key Employees and Officers Compensation Related Other
Otis Williams (Chairman) $153,501 $0 $21,109
Dale E Ruthsatz (Deputy Director) $100,760 $0 $15,857
Mark H Levison (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Joseph D Roddy (Member) $0 $0 $0
Chris Goodson (Member) $0 $0 $0
Matthew S Mcbride (Member) $0 $0 $0
Wendy Timm (Member) $0 $0 $0
Stephen Conway (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,340,495
Expenses
$8,812,877
Net Income
-$3,472,382
Net Assets
$185,439
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,319,740
80.9%
Investment Income $4,217
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $343,528
6.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $673,010
12.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $265,308
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $4,209,667
47.8%
Assets/Debt
Total Assets $7,128,042
Total Liabilities $6,942,603
Net Assets $185,439
Compensation
Key Employees and Officers Compensation Related Other
Otis Williams (Chairman) $145,598 $0 $20,560
Rodney Crim (Former Chairman) $119,710 $0 $0
Patrick Bannister (Dir Of Bus Dev) $100,897 $0 $0
Mark H Levison (Member) $0 $0 $0
Gregory E Shapiro (Member) $0 $0 $0
Larry Williams (Member) $0 $0 $0
Joseph D Roddy (Member) $0 $0 $0
Alfred J Wessels Jr (Member) $0 $0 $0
Chris Goodson (Member) $0 $0 $0
C Clinton Ward (Member) $0 $0 $0
Matthew S Mcbride (Member) $0 $0 $0
Wendy Timm (Member) $0 $0 $0
Terry Kennedy (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,833,266
Expenses
$8,846,460
Net Income
-$2,013,194
Net Assets
$413,508
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,398,309
64.4%
Investment Income $5,803
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $309,302
4.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,119,852
31.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $165,660
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,651,693
52.6%
Assets/Debt
Total Assets $10,658,054
Total Liabilities $10,244,546
Net Assets $413,508

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,514,366
Expenses
$9,467,562
Net Income
-$3,953,196
Net Assets
-$53,914
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,308,431
78.1%
Investment Income $5,801
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $448,690
8.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $751,444
13.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $308,131
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,487,318
47.4%
Assets/Debt
Total Assets $9,087,379
Total Liabilities $9,141,293
Net Assets -$53,914

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,874,313
Expenses
$10,487,732
Net Income
-$3,613,419
Net Assets
$753,972
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,864,345
85.3%
Investment Income $8,136
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $466,420
6.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $535,412
7.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $414,202
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,907,038
46.8%
Assets/Debt
Total Assets $8,586,107
Total Liabilities $7,832,135
Net Assets $753,972

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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