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Northside Development Corporation

SPARTANBURG, SC EIN: 30-0698663 Website

THE NORTHSIDE INITIATIVE IS WORKING TO FUNDAMENTALLY TRANSFORM THE NORTHSIDE NEIGHBORHOOD INTO A COMMUNITY OF CHOICE, WHERE CURRENT RESIDENTS CHOOSE TO STAY AND NEW PEOPLE CHOOSE TO MOVE. RESIDENTS WHO WANT TO STAY AND MAKE A BETTER LIFE FOR THEMSELVES IN THE NORTHSIDE WILL HAVE EVERY OPPORTUNITY TO DO SO. THE NORTHSIDE INITIATIVE HAS BEEN DESCRIBED AS THE MOST AMBITIOUS REDEVELOPMENT IN SPARTANBURG'S HISTORY. RESIDENTS AND STAKEHOLDERS AT ALL LEVELS WERE KEY TO THE DEVELOPMENT OF THIS IMPLEMENTATION PLAN.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$27.4M

+0.3% YoY

Revenue

$2.1M

+50.2% YoY

Net Investment Income

$211K

+0.9% YoY

Expenses

$2.2M

-27.6% YoY

About Northside Development Corporation

Based on IRS filings

Northside Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in SPARTANBURG, SC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $27.4M in total assets. Net investment income was $211K.

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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$2M$4M$7M$9M201920202021202220232024
Metric202420232022
Total Assets$27,427,572$27,353,806$27,524,844
Revenue$2,137,592$1,423,256$1,778,258
Expenses$2,187,192$3,022,133$1,723,841
Qualifying Distributions
Net Investment Income$211,016$209,216$94,671
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$540K$1M$2M$2M0 grants20195 grants20205 grants20213 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

2<$50K2$50–100K6$100–250K2$250–500K$500K–1M1$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

MICHAEL WILLIAMSONEXECUTIVE DI$106K

From 2024 filing

NameTitleHoursCompensation
MICHAEL WILLIAMSONEXECUTIVE DI40$106,465
CATHERINE BASS BLACKVICE CHAIR2.3
TERRY BRANNONTRUSTEE2.3
SHAUNTE EVANSTRUSTEE2.3
REGGIE GETERSECRETARY2.3
TROY HANNATRUSTEE2.3
LAURA HENTHORNTRUSTEE2.3
WANDA CHEEKS HOLMESTRUSTEE2.3
WILLIAM BARNET IIITRUSTEE2.3
ALEX POWELLTREASURER2.3
CAREY ROTHSCHILDTRUSTEE2.3
TIM SCHMITZTRUSTEE2.3
CHRIS STORYTRUSTEE2.3
MOLLY TALBOT-METZTRUSTEE2.3
MARY L THOMASTRUSTEE2.3
JOHN VERREAULTCHAIR2.3
TERESA WRAYTRUSTEE2.3

Subject Areas

Focus areas based on grantmaking activity

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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