Greater Sterling Development Corporation
THE GREATER STERLING DEVELOPMENT CORPORATION (GSDC) WAS CREATED TO COORDINATE AND STREAMLINE ECONOMIC DEVELOPMENT EFFORTS IN THE CITY OF STERLING, WHITESIDE COUNTY AND THE SURROUNDING AREAS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.6M
-3.5% YoY
Annual Giving
$150K
Grant Count
1
Avg Grant Size
$150K
About Greater Sterling Development Corporation
Based on IRS filings
Greater Sterling Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in STERLING, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.6M in total assets. In 2024, it awarded 1 grants totaling $150K. Net investment income was $5K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,629,968 | $9,982,638 | $10,325,597 |
| Revenue | $1,078,988 | $824,900 | $1,289,640 |
| Expenses | $1,266,657 | $1,076,403 | $927,045 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,832 | $3,217 | $113,355 |
| 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 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ED ANDERSEN | CHAIRMAN | 1 | — |
| PETER W DILLON | VICE CHAIRMAN | 1 | — |
| DICK BAUMANN | TREASURER | 1 | — |
| CINDY ZANDER | SECRETARY | 1 | — |
| JENNIFER DALLAS | DIRECTOR | 1 | — |
| CRAIG FROETER | DIRECTOR | 1 | — |
| SCOTT SHUMARD | DIRECTOR | 1 | — |
| JOHN ROSENGREN | DIRECTOR | 1 | — |
| DAVE HURLESS | DIRECTOR | 1 | — |
| DIRK MEMINGER | DIRECTOR | 1 | — |
| HEATHER SOTELO | EXECUTIVE DIRECTOR | 40 | $104,120 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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