Developspringfield Corporation
TO AID IN THE SPEEDY AND ORDERLY DEVELOPMENT OR REDEVELOPMENT OF PROPERTY IN THE CITY OF SPRINGFIELD, INCLUDING BUT NOT LIMITED TO UNUSED, UNDERUSED OR UNDEVELOPED AREAS, AND IN THE DEVELOPMENT, OPERATION, AND MANAGEMENT OF FACILITIES AND INFRASTRUCTURE NECESSARY.
Key facts about Developspringfield Corporation
- EIN
- 26-3862976
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $3,543,148
Data from IRS Form 990-PF, 2025; updated September 2026.
Next steps with Developspringfield Corporation
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.5M
-7.7% YoY
Revenue
$469K
-257.1% YoY
Net Investment Income
$9
-100.0% YoY
Expenses
$767K
+109.4% YoY
About Developspringfield Corporation
Based on IRS filings
Developspringfield Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in Springfield, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.5M in total assets. Net investment income was $9.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,543,148 | $3,838,765 | $4,938,505 |
| Revenue | $469,140 | $-298,684 | $39,940 |
| Expenses | $767,397 | $366,410 | $101,437 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $9 | $-810,980 | $18,633 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS February 24, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 14, 2025)
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andrew Davis | Vice Chair | 1 | — |
| Jose Claudio | Secretary | 1 | — |
| Antonio Dos Santos | Chairman | 1 | — |
| Timothy Sheehan | Director | 1 | — |
| Jeffrey Daley | President & CEO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Developspringfield Corporation?
Developspringfield Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in Springfield, MA. It holds $3.5M in total assets as of 2025.
How large is Developspringfield Corporation?
As of 2025, Developspringfield Corporation holds $3.5M in total assets with $469K in annual revenue.
Where does Developspringfield Corporation operate?
Developspringfield Corporation has awarded grants in Connecticut, Massachusetts.
What is Developspringfield Corporation's EIN?
Developspringfield Corporation's EIN (Employer Identification Number) is 26-3862976. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.