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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$3.8M
-22.4% YoY
Annual Giving
—
Grant Count
0
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,838,765 | $4,946,432 | $6,116,230 |
| Revenue | $-298,684 | $-868,884 | $166,652 |
| Expenses | $366,410 | $163,906 | $196,268 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-810,980 | $-1,018,409 | $-16,978 |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Developspringfield Corporation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andrew Davis | Vice President | 1 | — |
| Arlen Carballo | Treasurer | 1 | — |
| Jose Claudio | Secretary | 1 | — |
| Antonio Dos Santos | Chairman | 1 | — |
| Timothy Sheehan | Director | 1 | — |
| Jeffrey Daley | President | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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