The St Louis Local Development CO
To provide lending services to the small business community within st. Louis, Missouri.
The St Louis Local Development CO at a glance
- Total assets
- $9,102,606
- +2.1% vs 2024
- Revenue (2025)
- $49,987
- -20.8% vs 2024
- Net investment income (2025)
- $2,127
- +65.9% vs 2024
- Expenses (2025)
- $10,279
- +21.7% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The St Louis Local Development CO funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How The St Louis Local Development CO gives
- Giving grew 295% from 2019 to 2022. 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 2022, annual grant giving ranged from $45K (2019) to $300K (2020). In 2022 it made 2 grants totaling $178K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First Bank St. Louis, MO | Facade Improvements | $100,000 |
| Cornerstone Constructors St. Louis, MO | Facade Improvements | $77,700 |
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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 | $9,102,606 | $49,987 | $10,279 | — | — | $2,127 |
| 2024 | $8,916,725 | $63,091 | $8,449 | — | — | $1,282 |
| 2023 | $10,014,219 | $38,083 | $14,035 | — | — | $532 |
| 2022 | $9,940,991 | $3,211,620 | $3,161,867 | $177,700 | 2 | $204 |
| 2021 | $7,220,621 | $230,479 | $195,633 | $182,300 | 1 | $103 |
| 2020 | $7,063,169 | $342,850 | $308,197 | $300,000 | 1 | $65 |
| 2019 | $6,523,077 | $98,261 | $58,830 | $45,000 | 1 | — |
About The St Louis Local Development CO
Based on IRS filings
The St Louis Local Development CO is a public charity focused on Community and economic development, based in St. Louis, MO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $9.1M in total assets. Net investment income was $2K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The St Louis Local Development CO is led by Loura M. Gilbert, President on every filing since 2019; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Loura M. Gilbert
President
On filings since 2019
1 hr/week
No compensation reported
Anne Gliedt
Director
On filings since 2019
1 hr/week
No compensation reported
Don Reeves
Director
On filings since 2019
1 hr/week
No compensation reported
T. Christopher Peoples
Director
On filings since 2019
1 hr/week
No compensation reported
Rabiu Ahmad
Director
On filings since 2021
1 hr/week
No compensation reported
Fredrecka McGlown
Director
On filings since 2022
1 hr/week
No compensation reported
Connie Johnson
Director
New on the 2025 filing
1 hr/week
No compensation reported
David W. McCreery
Treasurer
On filings since 2019
1 hr/week
No compensation reported
James C. Seitz
Vice President
On filings since 2019
1 hr/week
No compensation reported
Former officers (5)
- Former: Otis Williams (2019–2022) — Past Chairman & Executive Director
- Former: Neal Richardson (2022) — Chairman & Executive Director
- Former: Howard Hayes (2019–2021) — Director
- Former: Steven M. Buesching (2019–2021) — Secretary
- Former: Rabiu Ahmad Rabiu (2020) — Director
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.
Frequently asked questions about The St Louis Local Development CO
How large is The St Louis Local Development CO?
The St Louis Local Development CO reported $9.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $50K.
What is The St Louis Local Development CO?
The St Louis Local Development CO is a public charity focused on Community and economic development, based in St. Louis, MO. It holds $9.1M in total assets as of 2025.
Where does The St Louis Local Development CO operate?
The St Louis Local Development CO has awarded grants in Missouri.
What is The St Louis Local Development CO's EIN?
The St Louis Local Development CO's EIN (Employer Identification Number) is 43-1149599. 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
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS March 29, 2022)
- Added Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in The St Louis Local Development CO's focus areas in our free grants database
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