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City Of Spartanburg Development Corporation

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
$156k (2023)

Expenses
$156k (2023)

Total Assets
$12.1M (2023)

Total Liabilities
$900k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings 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.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$155,739
Expenses
$155,797
Net Income
-$58
Net Assets
$11,222,470
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $150,286
96.5%
Investment Income $5,453
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,122,470
Total Liabilities $900,000
Net Assets $11,222,470
Compensation
Key Employees and Officers Compensation Related Other
Jerome Rice Mayor (President) $0 $0 $0
Kimberly Fly (Vice Preside) $0 $0 $0
Chris Story (Secretary/Tr) $0 $0 $0
Erica Brown (Director) $0 $0 $0
Josh Jones (Director) $0 $0 $0
Laura Stille (Director) $0 $0 $0
Dennis Locke (Finance Dire) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$700,863
Expenses
$798,936
Net Income
-$98,073
Net Assets
$11,134,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $500,000
71.3%
Program Services $140,505
20.0%
Investment Income $466
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $57,685
8.2%
Net Inventory Sales $0
Other Revenue $2,207
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,034,528
Total Liabilities $900,000
Net Assets $11,134,528
Compensation
Key Employees and Officers Compensation Related Other
Jerome Rice Mayor Beg Jan 2022 (President) $0 $0 $0
Junie White Mayor Thru Dec 2021 (President) $0 $0 $0
Kimberly Fly (Vice Preside) $0 $0 $0
Chris Story (Secretary) $0 $0 $0
Erica Brown (Director) $0 $0 $0
Josh Jones (Director) $0 $0 $0
Laura Stille (Director) $0 $0 $0
Dennis Locke (Finance Dire) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$117,997
Expenses
$132,572
Net Income
-$14,575
Net Assets
$11,219,601
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $117,997
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,019,601
Total Liabilities $800,000
Net Assets $11,219,601
Compensation
Key Employees and Officers Compensation Related Other
Erica Brown (Director) $0 $0 $0
Landon Cohen (Director) $0 $0 $0
Greg Embry (Director) $0 $0 $0
Kimberly Anne Fly (Director) $0 $0 $0
Josh Jones (Director) $0 $0 $0
Christopher D Kennedy (Director) $0 $0 $0
Laura Stille (Director) $0 $0 $0
Chris Story (City Manager) $0 $0 $0
Jay Wakefield (Director) $0 $0 $0
Junie White (President) $0 $0 $0
Dennis Locke (Finance Dire) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,959,213
Expenses
$782,553
Net Income
$10,176,660
Net Assets
$11,233,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,878,000
99.3%
Program Services $0
Investment Income $81,213
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,319,284
Total Liabilities $86,108
Net Assets $11,233,176
Compensation
Key Employees and Officers Compensation Related Other
Erica Brown (Director) $0 $0 $0
Landon Cohen (Director) $0 $0 $0
Greg Embry (Director) $0 $0 $0
Kimberly Anne Fly (Director) $0 $0 $0
Josh Jones (Director) $0 $0 $0
Christopher D Kennedy (Director) $0 $0 $0
Laura Stille (Director) $0 $0 $0
Chris Story (City Manager) $0 $0 $0
Jay Wakefield (Director) $0 $0 $0
Junie White (President) $0 $0 $0
Dennis Locke (Finance Dire) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$287,510
Expenses
$175,340
Net Income
$112,170
Net Assets
$1,062,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $264,500
92.0%
Program Services $3,750
1.3%
Investment Income $19,260
6.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,319,894
Total Liabilities $257,378
Net Assets $1,062,516
Compensation
Key Employees and Officers Compensation Related Other
Junie White (President) $0 $0 $0
Erica Brown (Director) $0 $0 $0
Landon Cohen (Director) $0 $0 $0
Jay Wakefield (Director) $0 $0 $0
Christopher D Kennedy (Director) $0 $0 $0
Kimberly Anne Fly (Director) $0 $0 $0
Dennis Locke (Finance Dire) $0 $0 $0
Chris Story (City Manager) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$142,971
Expenses
$112,840
Net Income
$30,131
Net Assets
$1,004,346
Notable Sources of Revenue Percent of Total Revenue
Contributions $114,500
80.1%
Program Services $0
Investment Income $28,471
19.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,283,768
Total Liabilities $279,422
Net Assets $1,004,346
Compensation
Key Employees and Officers Compensation Related Other
Junie White (President) $0 $0 $0
Erica Brown (Director) $0 $0 $0
Landon Cohen (Director) $0 $0 $0
Jay Wakefield (Director) $0 $0 $0
Christopher D Kennedy (Director) $0 $0 $0
Kimberly Anne Fly (Director) $0 $0 $0
Matthew W Myers (Director) $0 $0 $0
Dennis Locke (Finance Dire) $0 $0 $0
Ed Memmott (City Manager) $0 $0 $0
Patty Bock (Economic Dev) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$164,023
Expenses
$164,737
Net Income
-$714
Net Assets
$974,215
Notable Sources of Revenue Percent of Total Revenue
Contributions $136,442
83.2%
Program Services $0
Investment Income $27,581
16.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,351,753
Total Liabilities $377,538
Net Assets $974,215
Compensation
Key Employees and Officers Compensation Related Other
Junie White (President) $0 $0 $0
Erica Brown (Director) $0 $0 $0
Landon Cohen (Director) $0 $0 $0
Jay Wakefield (Director) $0 $0 $0
Christopher D Kennedy (Director) $0 $0 $0
Kimberly Anne Fly (Director) $0 $0 $0
Matthew W Myers (Director) $0 $0 $0
Dennis Locke (Finance Dire) $0 $0 $0
Ed Memmott (City Directo) $0 $0 $0
Patty Bock (Economic Dev) $0 $0 $0
Mitch Kennedy (Community Re) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$565,674
Expenses
$4,810,139
Net Income
-$4,244,465
Net Assets
$974,929
Notable Sources of Revenue Percent of Total Revenue
Contributions $386,340
68.3%
Program Services $82,454
14.6%
Investment Income $43,549
7.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $53,331
9.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,480,925
Total Liabilities $505,996
Net Assets $974,929
Compensation
Key Employees and Officers Compensation Related Other
Junie White (President) $0 $0 $0
Erica Brown (Director) $0 $0 $0
Landon Cohen (Director) $0 $0 $0
Jay Wakefield (Director) $0 $0 $0
Christopher D Kennedy (Director) $0 $0 $0
Kimberly Anne Fly (Director) $0 $0 $0
Matthew W Myers (Director) $0 $0 $0
Dennis Locke (Finance Dire) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$190,486
Expenses
$151,149
Net Income
$39,337
Net Assets
$5,219,394
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,000
15.7%
Program Services $114,500
60.1%
Investment Income $45,986
24.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,419,394
Total Liabilities $1,200,000
Net Assets $5,219,394
Compensation
Key Employees and Officers Compensation Related Other
Junie White (President) $0 $0 $0
Erica Brown (Director) $0 $0 $0
Landon Cohen (Director) $0 $0 $0
Jay Wakefield (Director) $0 $0 $0
Christopher D Kennedy (Director) $0 $0 $0
Kimberly Anne Fly (Director) $0 $0 $0
Matthew W Myers (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$197,650
Expenses
$129,663
Net Income
$67,987
Net Assets
$5,180,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $114,500
57.9%
Investment Income $46,150
23.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $37,000
18.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,387,663
Total Liabilities $1,207,606
Net Assets $5,180,057
Compensation
Key Employees and Officers Compensation Related Other
Junie White (President) $0 $0 $0
Erica Brown (Director) $0 $0 $0
Landon Cohen (Director) $0 $0 $0
Jay Wakefield (Director) $0 $0 $0
Christopher D Kennedy (Director) $0 $0 $0
Kimberly Anne Fly (Director) $0 $0 $0
Matthew W Myers (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$286,516
Expenses
$259,292
Net Income
$27,224
Net Assets
$5,112,070
Notable Sources of Revenue Percent of Total Revenue
Contributions $125,000
43.6%
Program Services $114,500
40.0%
Investment Income $47,016
16.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,312,070
Total Liabilities $1,200,000
Net Assets $5,112,070

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$162,448
Expenses
$129,160
Net Income
$33,288
Net Assets
$5,084,846
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $114,500
70.5%
Investment Income $47,897
29.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $51
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,284,846
Total Liabilities $1,200,000
Net Assets $5,084,846

Document Links

Fiscal Year Ending June
2011

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
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
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

Fiscal Year Ending June
2004

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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