City of Spartanburg Development Corporation
The City of Spartanburg Development Corporation exists to further economic development by relieving unemployment, combating community deterioration, increasing employment opportunities, and expanding business for the city.
City of Spartanburg Development Corporation at a glance
In short: City of Spartanburg Development Corporation gave $100K across 1 grant in 2025 (avg $100K), mostly in South Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $100,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $100,000
- +0.0% vs 2024
- Median grant
- $100,000
- Total assets
- $11,911,315
- +0.1% vs 2024
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who City of Spartanburg Development Corporation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was City of Spartanburg ($100K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How City of Spartanburg Development Corporation gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $75K (2020) to $100K (2025). In 2025 it made 1 grant totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Spartanburg Spartanburg, SC | Interest Payment | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $11,911,315 | $237,580 | $163,221 | $100,000 | 1 | $35,041 |
| 2024 | $11,894,525 | $431,889 | $350,834 | $100,000 | 1 | $13,181 |
| 2023 | $12,122,470 | $155,739 | $155,797 | $100,000 | 1 | $5,453 |
| 2022 | $12,034,528 | $700,863 | $798,936 | $100,000 | 1 | $58,151 |
| 2021 | $12,019,601 | $117,997 | $132,572 | — | — | $117,997 |
| 2020 | $11,319,284 | $10,959,213 | $782,553 | $75,000 | 1 | $81,213 |
About City of Spartanburg Development Corporation
Based on IRS filings
City of Spartanburg Development Corporation is a public charity focused on Economically disadvantaged people, based in Spartanburg, SC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $11.9M in total assets. In 2025, it awarded 1 grant totaling $100K. Net investment income was $35K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
City of Spartanburg Development Corporation is led by Jerome Rice Mayor, President on every filing since 2022; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jerome Rice Mayor
President
On filings since 2022
0 hrs/week
No compensation reported
Dennis Locke
Finance Director
On filings since 2020
0.3 hrs/week
No compensation reported
Erica Brown
Director
On filings since 2020
0 hrs/week
No compensation reported
Josh Jones
Director
On filings since 2020
0 hrs/week
No compensation reported
Laura Stille
Director
On filings since 2020
0 hrs/week
No compensation reported
Chris Story
Secretary
City Manager → Secretary, 2022
On filings since 2020
0.3 hrs/week
No compensation reported
Kimberly Anne Fly
Vice President
Director → Vice President, 2022
On filings since 2020
0 hrs/week
No compensation reported
Former officers (6)
- Former: Junie White Mayor (2022) — President · Filing note: Thru dec 2021
- Former: Christopher D. Kennedy (2020–2021) — Director
- Former: Greg Embry (2020–2021) — Director
- Former: Jay Wakefield (2020–2021) — Director
- Former: Junie White (2020–2021) — President
- Former: Landon Cohen (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about City of Spartanburg Development Corporation
How much does City of Spartanburg Development Corporation give each year?
City of Spartanburg Development Corporation gave $100K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $100K across 1 grant.
How large is City of Spartanburg Development Corporation?
City of Spartanburg Development Corporation reported $11.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $238K.
What is City of Spartanburg Development Corporation?
City of Spartanburg Development Corporation is a public charity focused on Economically disadvantaged people, based in Spartanburg, SC. It holds $11.9M in total assets as of 2025.
Where does City of Spartanburg Development Corporation operate?
City of Spartanburg Development Corporation has awarded grants in South Carolina.
What is City of Spartanburg Development Corporation's EIN?
City of Spartanburg Development Corporation's EIN (Employer Identification Number) is 57-0738992. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 2, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in City of Spartanburg Development Corporation's focus areas in our free grants database
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