DEVELOPSPRINGFIELD CORPORATION

Springfield, MA, 01103 (413) 209-8808 Est. 2008 EIN 26-3862976

S30 - Economic Development 501(c)(3)

www.developspringfield.com

Giving Portfolio

Total Grants

7

Total Giving

$681K

Recipients

6

Years Active

2017 - 2019

Avg grant: $90,052 Median: $25,000

Yearly Trends

Year	Grants	Total Giving	Avg Grant	New	Repeat
2019	2	$20K	$10K	0	1
2018	2	$240K	$120K	1	1
2017	3	$421K	$140K	3	0

Top States

Massachusetts

7

Grantee Size Profile

$10M - $50M

1

Top Grantees

276 BRIDGE LLC - SPRINGFIELD INNOVATION CENTER

MA - 4 grants

$617K

MAKE-IT-SPRINGFIELD

MA

$25K

ED KENNY

MA

$24K

NEW NORTH CITIZENS COUNCIL

MA

$15K

Grants Awarded · 7 grants

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Financials

Total Revenue

—

Total Expenses

—

Net Assets

—

From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve

4.1 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 257.1%

Expenses ↑ 109.4%

Revenue Sources

Contributions 72.5% Earned revenue 27.5%

Expense Breakdown

Program 98.9% Management 1.1%