St Louis Development Coroporation

Organization Overview

St Louis Development Coroporation is located in St Louis, MO. The organization was established in 1995. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, St Louis Development Coroporation employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Louis Development Coroporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 06/2023, St Louis Development Coroporation generated $25.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $28.9m during the year ending 06/2023. While expenses have increased by 15.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, St Louis Development Coroporation has awarded 122 individual grants totaling $16,158,561. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

Part 3 - Line 4a

SLDC IMPROVES THE EFFICIENCY AND EFFECTIVENESS OF SIX GOVERNMENT AGENCIES AND ST. LOUIS LOCAL DEVELOPMENT COMPANY, ANOTHER TAX-EXEMPT ORGANIZATION, BY PERFORMING ADMINISTRATIVE AND RESEARCH FUNCTIONS. THE CORPORATION ACTS AS AN IMPREST ADMINISTRATION FUND WHICH PAYS THE GENERAL EXPENSES AND ALLOCATES THEM TO THE SEVEN AFFILIATED AGENCIES.


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Board, Officers & Key Employees

Name (title)Compensation
Shameem Clark-Hubbard
Member
$0
Cara Spencer
Member
$0
Matthew S Mcbride
Member
$0
Loura Gilbert
Member
$0
Sean Spencer
Member
$0
Gary Reed
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sultan Construction
$195,890
St Louis Composting Inc
$328,840
Western Waterproofing
$145,225
K-v Tree Service
$139,500
Premier Demolition
$120,900
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$25,015,244
Investment income $71,619
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $69,257
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $25,186,270

Grants Awarded

Over the last fiscal year, St Louis Development Coroporation has awarded $14,365,419 in support to 6 organizations.

Grant RecipientAmount

ST LOUIS GLASSWORKS

PURPOSE: FACADE IMPROVEMENT

$7,852

SBC CONTRACTING

PURPOSE: FACADE IMPROVEMENT

$30,000

ST LOUIS GLASS

PURPOSE: FACADE IMPROVEMENT

$18,894

MAJESTIC ELECTRIC

PURPOSE: FACADE IMPROVEMENT

$10,073

ARPA CITYWIDE HOUSING

PURPOSE: CITYWIDE HOUSING

$9,798,600

SLLDC SLFRF GRANTS

PURPOSE: LOCAL GRANTS

$4,500,000
View Grant Profile

Peer Organizations

Organization NameAssets
Iff
Chicago, IL
$102,836,770
Council Of State Governments
Lexington, KY
$46,682,188
St Louis Development Coroporation
St Louis, MO
$25,186,270
Bcmw Community Services
Centralia, IL
$16,256,539
Alliance Of Local Service Organizations
Chicago, IL
$5,868,715
Partnership For Families Children And Adults Inc
Chattanooga, TN
$5,850,259
Central Regional Dental Testing Service Inc
Topeka, KS
$2,511,826
Community Development Support Association Inc 2615 E Randolph
Enid, OK
$3,635,959
Tennessee Coalition To End Domestic And Sexual Violence
Nashville, TN
$3,050,320
Oklahoma Center For Nonprofits Inc
Oklahoma City, OK
$10,399,945
Community Partnership Of Southeast Missouri
Cape Girardeau, MO
$3,545,590
The Paramount Foundation
Bristol, TN
$2,184,470
Embrace Living Communities
Oak Brook, IL
-$1,369,779
Nonprofit Association Of The Midlands
Omaha, NE
$1,509,793
Washington Regional Medical Services
Fayetteville, AR
$3,109,460
West Central Illinois Valley Regional Planning Commission
Carlinville, IL
$1,574,282
Northwest Kansas Area Transit Coordinating Council Inc
Hays, KS
$1,185,728
Gail G Ellis Foundation Inc
Bannockburn, IL
$520,287
River Cities Harvest Inc
Ashland, KY
$1,025,176
Children Center Campus
Kansas City, MO
$745,484
Mandala Center Incorporated
Davenport, IA
$177,190
National Career Academy Coalition Inc
Nashville, TN
$861,401
Institute For People Place And Possibilities
Columbia, MO
$753,569
Executive Service Corps Of Chicago
Chicago, IL
$1,244,502
Voices For Children In Nebraska
Omaha, NE
$1,132,631

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