Northside Development Corporation
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.
Northside Development Corporation at a glance
In short: Northside Development Corporation gave $404K across 2 grants in 2025 (avg $202K), mostly in South Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $403,891
- +92.8% vs 2024
- Grants made (2025)
- 2
- -33.3% vs 2024
- Average grant
- $201,946
- +189.3% vs 2024
- Median grant
- $201,946
- Total assets
- $27,115,720
- -1.1% vs 2024
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Northside Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Spartanburg School Dist 7 ($327K). Together the top 2 received $404K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was in the $100–250K range: 8 grants of 19 (42%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Northside Development Corporation gives
- Giving grew 67% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $209K (2024) to $2.2M (2020). In 2025 it made 2 grants totaling $404K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Spartanburg School Dist 7 Spartanburg, SC | Cleveland Academy | $326,891 |
| Franklin School Facilities Corp Spartanburg, SC | Pre K School | $77,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $27,115,720 | $2,994,117 | $2,992,391 | $403,891 | 2 | $230,950 |
| 2024 | $27,427,572 | $2,137,592 | $2,187,192 | $209,435 | 3 | $211,016 |
| 2023 | $27,353,806 | $1,423,256 | $3,022,133 | $695,701 | 6 | $209,216 |
| 2022 | $27,524,844 | $1,778,258 | $1,723,841 | $242,257 | 3 | $94,671 |
| 2021 | $29,640,691 | $3,382,243 | $1,954,337 | $447,858 | 5 | $191,126 |
| 2020 | $28,593,925 | $3,236,929 | $3,387,197 | $2,160,063 | 5 | $169,598 |
| 2019 | $27,192,937 | $8,181,169 | $2,157,771 | $1,145,187 | 5 | $88,053 |
About Northside Development Corporation
Based on IRS filings
Northside Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Spartanburg, SC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $27.1M in total assets. In 2025, it awarded 2 grants totaling $404K. Net investment income was $231K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Northside Development Corporation is led by John Verreault, Chair since 2024 (on filings since 2021); 1 of 19 officers listed in 2025 is compensated.
Officers on the 2025 filing
John Verreault
Chair
Trustee → Vice Chair, 2023
Vice Chair → Chair, 2024
On filings since 2021
2.3 hrs/week
No compensation reported
Carey Rothschild
Trustee
On filings since 2019
2.3 hrs/week
No compensation reported
Chris Story
Trustee
Secretary Tr → Secretary, 2021
Secretary → Trustee, 2023
On filings since 2019
2.3 hrs/week
No compensation reported
Molly Talbot-Metz
Trustee
Vice Chair → Trustee, 2020
On filings since 2019
2.3 hrs/week
No compensation reported
Teresa Wray
Trustee
On filings since 2019
2.3 hrs/week
No compensation reported
Tim Schmitz
Trustee
On filings since 2019
2.3 hrs/week
No compensation reported
William Barnet III
Trustee
Chair & Trustee → Chair, 2022
Chair → Trustee, 2023
On filings since 2019
2.3 hrs/week
No compensation reported
Laura Henthorn
Trustee
Trustee → Treasurer, 2021
Treasurer → Trustee, 2024
On filings since 2020
2.3 hrs/week
No compensation reported
Wanda Cheeks Holmes
Trustee
Trustee → Secretary, 2023
Secretary → Trustee, 2024
On filings since 2021
2.3 hrs/week
No compensation reported
Shaunte Evans
Trustee
On filings since 2022
2.3 hrs/week
No compensation reported
Troy Hanna
Trustee
On filings since 2024
2.3 hrs/week
No compensation reported
Larry Crudup
Trustee
New on the 2025 filing
2.3 hrs/week
No compensation reported
Loretta Singleton
Trustee
New on the 2025 filing
2.3 hrs/week
No compensation reported
Meredith Lindsey
Trustee
New on the 2025 filing
2.3 hrs/week
No compensation reported
Tamara Makupson
Trustee
New on the 2025 filing
2.3 hrs/week
No compensation reported
Michael Williamson
Executive Di
On filings since 2020
40 hrs/week
$98K (2021) → $113K (2025)
Alex Powell
Treasurer
Trustee → Treasurer, 2024
On filings since 2020
2.3 hrs/week
No compensation reported
Reggie Geter
Secretary
Trustee → Secretary, 2024
On filings since 2021
2.3 hrs/week
No compensation reported
Catherine Bass Black
Vice Chair
Trustee → Vice Chair, 2024
On filings since 2022
2.3 hrs/week
No compensation reported
Former officers (10)
- Former: Mary L. Thomas (2019–2024) — Trustee
- Former: Terry Brannon (2019–2024) — Trustee
- Former: Steve Brown (2021–2023) — Trustee
- Former: Chelle Jones (2022–2023) — Trustee
- Former: Linda Askari (2019–2021) — Trustee
- Former: Marcos Gomez-Agnoli (2019–2021) — Trustee
- Former: Key Woodward (2021) — Trustee
- Former: Rochelle Williams (2019–2020) — Trustee
- Former: Deborah Moore (2019) — Trustee
- Former: Richard Dillard (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $113K, to Michael Williamson (Executive Di).
Frequently asked questions about Northside Development Corporation
How much does Northside Development Corporation give each year?
Northside Development Corporation gave $404K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $209K across 3 grants.
How large is Northside Development Corporation?
Northside Development Corporation reported $27.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.0M.
What is Northside Development Corporation?
Northside Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Spartanburg, SC. It holds $27.1M in total assets as of 2025.
Where does Northside Development Corporation operate?
Northside Development Corporation has awarded grants in North Carolina, South Carolina.
What is Northside Development Corporation's EIN?
Northside Development Corporation's EIN (Employer Identification Number) is 30-0698663. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 27, 2023)
- Updated Form 990 for fiscal year 2019 (received by the IRS February 24, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Northside Development Corporation's focus areas in our free grants database
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