St Louis Development Corporation

Foundation · Grantmaker St Louis, MO EIN: 43-1490972

TO IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF THE ECONOMIC DEVELOPMENT ACTIVITIES OF THE CITY OF ST. LOUIS, MISSOURI.

Key facts about St Louis Development Corporation

EIN: 43-1490972
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $644,125
Grants made (2024): 4
Average grant: $161,031
Median grant: $90,000
Total assets: $62,231,143
Primary geography: Missouri (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who St Louis Development Corporation funds

By grant dollars, the top recipient states for St Louis Development Corporation's 4 itemized 2024 grants were Missouri (100%). The most frequent recipient cities were St Louis, MO (4 grants). None of its 4 grants with a stated purpose were described as general or operating support.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$62.2M

-1.3% YoY

Annual Giving

$644K

-95.5% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$161K

-93.3% YoY

About St Louis Development Corporation

Based on IRS filings

St Louis Development Corporation is a nonprofit organization, based in St Louis, MO. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $62.2M in total assets. In 2024, it awarded 4 grants totaling $644K. Net investment income was $730K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Missouri $644K (100%)

Share of all 4 itemized 2024 grant dollars.

States

Missouri

Cities

Saint Louis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$62,231,143	$63,081,613	$13,361,721
Revenue	$12,616,455	$25,186,270	$7,007,732
Expenses	$16,916,916	$28,853,773	$11,937,216
Qualifying Distributions	—	—	—
Net Investment Income	$730,030	$71,619	$1,434
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include SLLDC SLFRF Grants ($455,000), Arpa Citywide Housing ($160,000), Next Era Constructions ($20,000).

Recipient	Purpose	Amount
SLLDC SLFRF GRANTS St Louis, MO	LOCAL GRANTS	$455,000
ARPA CITYWIDE HOUSING St Louis, MO	LOCAL GRANTS	$160,000
NEXT ERA CONSTRUCTIONS St Louis, MO	FACADE IMPROVEMENT	$20,000
SUMMIT SIGN & GRAPHICS LLC St Louis, MO	FACADE IMPROVEMENT	$9,125

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Shameem Clark-Hubbard	Member	1	—
Cara Spencer	Member	1	—
Matthew S McBride	Member	1	—
Loura Gilbert	Member	1	—
Sean Spencer	Member	1	—
Gary Reed	Member	1	—
Calvin Arnold	Member	1	—
Marvin Anderson	Vice Chair	1	—
David Meyer	Secretary	1	—
Charles Hahn	Treasurer/SVP CFO	40	$142,844
Neal Richardson	Chairman/Executive Dir	40	$262,058
Lance Knuckles	SVP Strategic Growth and D	40	$165,920
Stacey Lynn Fowler	SVP Minority Business Empo	40	$160,758
Paul Orr	SVP Real Estate Developmen	40	$161,164
Simon Huang	Chief Techology Officer	40	$134,674

Frequently Asked Questions

How large is St Louis Development Corporation?

As of 2024, St Louis Development Corporation holds $62.2M in total assets with $12.6M in annual revenue. It awarded 4 grants totaling $644K in 2024.

Where does St Louis Development Corporation operate?

St Louis Development Corporation has awarded grants in Missouri.

What size grants does St Louis Development Corporation award?

In 2024, St Louis Development Corporation awarded 4 grants totaling $644K — an average of about $161K per grant, based on its IRS Form 990 filings.

What is St Louis Development Corporation's EIN?

St Louis Development Corporation's EIN (Employer Identification Number) is 43-1490972. IRS Form 990 filing data is available on this page for 2019–2024.