City of Spartanburg Development

SPARTANBURG, SC EIN: 57-0738992

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.9M

-1.9% YoY

Annual Giving

$100K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$100K

+0.0% YoY

About City of Spartanburg Development

Based on IRS filings

City of Spartanburg Development is a nonprofit organization, based in SPARTANBURG, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.9M in total assets. In 2024, it awarded 1 grants totaling $100K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Spartanburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$11,894,525$12,122,470$12,034,528
Revenue$431,889$155,739$700,863
Expenses$350,834$155,797$798,936
Qualifying Distributions
Net Investment Income$13,181$5,453$58,151
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grants20200 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CITY OF SPARTANBURG$100K

Grant Size Distribution

4 grants across all recorded years

<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JEROME RICE MAYORPRESIDENT0.02
KIMBERLY FLYVICE PRESIDE0.02
CHRIS STORYSECRETARY/TR0.25
ERICA BROWNDIRECTOR0.02
JOSH JONESDIRECTOR0.02
LAURA STILLEDIRECTOR0.02
DENNIS LOCKEFINANCE DIRE0.25

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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