Program areas at Springfield Business Development Corporation
Economic Development projects - in 2022, economic Development team managed several new Business investment opportunities/leads, resulting in 10 competitive projects. The team hosted 5 project specific site visits in the Springfield region and announced 2 project wins, resulting in $13m in new payroll and $43m in new capital investment.
Workforce Development - in order to meet the most pressing need of existing businesses, newly attracted businesses and start-up companies, the sbdc has significantly increased its focus on workforce Development. Staff administers significant programs focused on developing talent within the existing education system, attracting talent to the region from outside the area and retaining talent already in the region or attending school in the region. All of these efforts will give Springfield a competitive advantage now and into the foreseeable future.
Business Development initiatives - in 2022, our aggressive approach to assisting existing companies with growth options, continued along with our outreach to bring new primary industry sector employers to the area. Staff held numerous face-to-face meetings with local Business leaders to identify barriers to growth and investments they may need to make to ensure their presence in the region. See schedule o for additional information.
Who funds Springfield Business Development Corporation
Grants from foundations and other nonprofits
Personnel at Springfield Business Development Corporation
Name | Title | Compensation | Date of data |
---|
Matt Morrow | Secretary | $0 | 2023-11-14 |
Chris Stange | Board Vice President / Board Treasurer / Board Member | $0 | 2022-12-31 |
Brad Erwin | Board Treasurer / Board Member | $0 | 2022-12-31 |
Gary Schafer | Board President / Board Vice President / Board Treasurer / Board Member | $0 | 2022-12-31 |
Brad Crain | Board President | $0 | 2019-12-31 |
...and 2 more key personnel |
Financials for Springfield Business Development Corporation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $598,625 | $650,500 | -8% |
Program services | $336,744 | $325,439 | 3.5% |
Investment income and dividends | $1,721 | $1,500 | 14.7% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $937,090 | $977,439 | -4.1% |
Organizations like Springfield Business Development Corporation
Organization | Type | Location | Revenue |
---|
Greater Baton Rouge Economic Partnership | 501(c)(3) | Baton Rouge, LA | $1,411,561 |
Capital Region Economic Development Corporation | 501(c)(3) | Harrisburg, PA | $624,391 |
Thurston Economic Development Council Center for Business and Innovation | 501(c)(3) | Lacey, WA | $1,866,030 |
Routt County Economic Development Partnership | 501(c)(3) | Steamboat Springs, CO | $304,133 |
Person County Business and Industrial Center | 501(c)(3) | Roxboro, NC | $376,666 |
Envision Greater Fond du Lac Foundation | 501(c)(3) | Fond Du Lac, WI | $351,286 |
Clovis Economic Development Corporation | 501(c)(3) | Clovis, NM | $3,883,544 |
Fayette County Local Development Corporation | 501(c)(3) | Lexington, KY | $654,818 |
Bridgeport Economic Development Corporation | 501(c)(3) | Bridgeport, CT | $347,886 |
Southeast Economic Development Corporation (SEDC) | 501(c)(3) | Dover, NH | $872,934 |
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
- Address
- PO Box 1687
- Springfield, MO 65801
- Metro area
- Springfield, MO
- County
- Greene County, MO
- Website URL
- springfieldregion.com/Â
- Phone
- (417) 862-5567
IRS details
- EIN
- 43-1309497
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1983
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Subordinate organization
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