Civic Intelligence

Developspringfield Corporation

EIN 26-3862976 • 501(c)3 • Springfield, MA

Profile

To aid in the speedy and orderly development or redevelopment of property in the city of springfield, including but not limited to unused, underused or underdeveloped areas, and in the development, operation, and management of facilities and infrastructure necessary to support the economic vitality of the city and other related charitable purposes.

1131 Main StreetSpringfield, MA 01103

www.developspringfield.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

0.78x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

5th percentile

-64%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-7.7%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$3,543,148

Down $295,617 (-7.7%) from 2024

Liabilities

Up

$363,968

Up $2,640 (+0.7%) from 2024

Net Assets

Down

$3,179,180

Down $298,257 (-8.6%) from 2024

Operations
Liabilities / Revenue86th percentileNet Margin5th percentile

Revenue

Up

$469,140

Up $767,824 (+257%) from 2024

Expenses

Up

$767,397

Up $400,987 (+109%) from 2024

Net Income

Up

-$298,257

Up $366,837 (+55%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $1,694,765Liabilities 2011: $8,421Net Assets 2011: $1,686,3442011Assets 2012: $3,354,577Liabilities 2012: $58,000Net Assets 2012: $3,296,5772012Assets 2013: $3,961,596Liabilities 2013: $102,102Net Assets 2013: $3,859,4942013Assets 2014: $4,326,908Liabilities 2014: $208,768Net Assets 2014: $4,118,1402014Assets 2015: $4,868,952Liabilities 2015: $140,917Net Assets 2015: $4,728,0352015Assets 2016: $6,917,891Liabilities 2016: $1,180,820Net Assets 2016: $5,737,0712016Assets 2017: $9,166,059Liabilities 2017: $3,024,678Net Assets 2017: $6,141,3812017Assets 2019: $7,212,402Liabilities 2019: $1,230,959Net Assets 2019: $5,981,4432019Assets 2020: $7,056,658Liabilities 2020: $1,220,208Net Assets 2020: $5,836,4502020Assets 2021: $7,109,235Liabilities 2021: $1,157,994Net Assets 2021: $5,951,2412021Assets 2022: $6,116,230Liabilities 2022: $844,463Net Assets 2022: $5,271,7672022Assets 2023: $4,946,432Liabilities 2023: $742,404Net Assets 2023: $4,204,0282023Assets 2024: $3,838,765Liabilities 2024: $361,328Net Assets 2024: $3,477,4372024Assets 2025: $3,543,148Liabilities 2025: $363,968Net Assets 2025: $3,179,1802025

Highlighted filing

2025

Assets$3,543,148
Liabilities$363,968
Net Assets$3,179,180
Open 2025 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $198,4222011Expenses 2012: $1,072,6162012Expenses 2013: $515,3702013Revenue 2014: $1,121,951Expenses 2014: $863,305Net Income 2014: $258,6462014Revenue 2015: $1,568,296Expenses 2015: $958,401Net Income 2015: $609,8952015Revenue 2016: $1,959,121Expenses 2016: $950,085Net Income 2016: $1,009,0362016Revenue 2017: $1,345,798Expenses 2017: $943,564Net Income 2017: $402,2342017Revenue 2019: $645,225Expenses 2019: $611,851Net Income 2019: $33,3742019Revenue 2020: $288,625Expenses 2020: $433,618Net Income 2020: -$144,9932020Revenue 2021: $373,622Expenses 2021: $202,432Net Income 2021: $171,1902021Revenue 2022: $166,652Expenses 2022: $196,268Net Income 2022: -$29,6162022Revenue 2023: -$868,884Expenses 2023: $163,906Net Income 2023: -$1,032,7902023Revenue 2024: -$298,684Expenses 2024: $366,410Net Income 2024: -$665,0942024Revenue 2025: $469,140Expenses 2025: $767,397Net Income 2025: -$298,2572025

Highlighted filing

2025

Revenue$469,140
Expenses$767,397
Net Income-$298,257
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,543,148
Liabilities
$363,968
Net assets
$3,179,180
Revenue
$469,140
Expenses
$767,397
Net income
-$298,257
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.54$0.36$3.18$0.47$0.77$0.30
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.36$3.48$0.30$0.37$0.67
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$0.74$4.20$0.87$0.16$1.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.12$0.84$5.27$0.17$0.20$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.11$1.16$5.95$0.37$0.20$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.06$1.22$5.84$0.29$0.43$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.21$1.23$5.98$0.65$0.61$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.17$3.02$6.14$1.35$0.94$0.40
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.92$1.18$5.74$1.96$0.95$1.01
2015Detailed filing. Detailed filing data is available for this year.$4.87$0.14$4.73$1.57$0.96$0.61
2014Detailed filing. Detailed filing data is available for this year.$4.33$0.21$4.12$1.12$0.86$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$0.10$3.86$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.06$3.30$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.01$1.69$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 18, 2026
Return Version
2025v4.0
Gross Receipts
$469,140
Mission and Program Overview

Mission

To aid in the speedy and orderly development or redevelopment of property in the city of springfield, including but not limited to unused, underused or undeveloped areas, and in the development, operation, and management of facilities and infrastructure necessary to support the economic vitality of the city.

To aid in the speedy and orderly development or redevelopment of property in the city of springfield, including but not limited to unused, underused or undeveloped areas, and in the development, operation, and management of facilities and infrastructure necessary.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$2,369,975$2,368,156▼ $1,819
Investments in Publicly Traded Securities$535,802$0▼ $535,802
Cash and Non-Interest-Bearing Accounts$101,846$10,848▼ $90,998
Pledges and Grants Receivable-$7,000-
Prepaid Expenses and Deferred Charges-$4,638-
Savings and Temporary Cash Investments$98,486$3,486▼ $95,000
Land, Buildings, and Equipment, Net$2,616$903▼ $1,713
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,838,765$3,543,148▼ $295,617
Other Assets Total$730,040$1,148,117▲ $418,077
Liabilities
Accounts Payable and Accrued Expenses$215,814$196,545▼ $19,269
Mortgage Notes Payable Secured by Investment Property$115,000$115,000→ $0
Other Liabilities$30,314$30,314→ $0
Deferred Revenue$200$22,109▲ $21,909
Total Liabilities$361,328$363,968▲ $2,640
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,589,030$2,828,394▲ $239,364
Net Assets With Donor Restrictions$888,407$350,786▼ $537,621
Total Net Assets Fund Balance$3,477,437$3,179,180▼ $298,257
Total Liabilities and Net Assets / Fund Balance$3,838,765$3,543,148▼ $295,617

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$903$30,683$31,586
Other Assets Org$1--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Antonio Dos SantosChairman
Jeffrey DaleyPresident & CEO
Andrew DavisVice Chair
Timothy SheehanDirector
Jose ClaudioSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$340,331
Program Service Revenue
$128,800
Investment Income
$9
Other Revenue
$0
All Other Contributions
$340,331
Change in Net Assets
$-298,257
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$767,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$213,497--$213,497
Insurance$4,456--$4,456
Fees for Services Legal-$4,423-$4,423
Fees for Services Accounting-$4,310-$4,310
Depreciation Depletion$1,713--$1,713
Office Expenses$921--$921
Other Expenses$456--$456
Total Functional Expenses$758,664$8,733$0$767,397
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$30,314
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 will be reviewed by the treasurer and chairperson prior to being presented to the board of directors for approval”

Form 990, Part VI, Section B, Line 12C

“Each board member is given a copy of the conflict of interest policy and, on an annual basis, must sign the statement that they are in compliance with the policy.”

Form 990, Part VI, Section B, Line 15B

“Compesation was determined based on research of salary guides for similar positions and organizations based on experience of the individual through various online resources and guidance from members of the board of directors”

Form 990, Part VI, Section C, Line 19

“Documents available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Developspringfield Corporation
EIN
26-3862976
Phone
4132098808
Address
1131 Main Street, Springfield, MA 01103

Signing Officer

Name
Jeffrey Daley
Title
President & CEO
Signed
2026-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Daley
Formed
2008
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Downey Pieciak Fitzgerald & Co Pc
Address
10 PARK PLACE, BRATTLEBORO, VT 05301
Preparer
Joseph S Pieciak Jr CPA
Phone
8022571307
Raw XML AppendixShowing 400 of 401 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0215814
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0196545
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO AID IN THE SPEEDY AND ORDERLY DEVELOPMENT OR REDEVELOPMENT OF PROPERTY IN THE CITY OF SPRINGFIELD, INCLUDING BUT NOT LIMITED TO UNUSED, UNDERUSED OR UNDEVELOPED AREAS, AND IN THE DEVELOPMENT, OPERATION, AND MANAGEMENT OF FACILITIES AND INFRASTRUCTURE NECESSARY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0340331
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0The Organization
IRS990/BooksInCareOfDetail/PhoneNum04132098808
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01331 Main Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Springfield
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001103
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0101846
IRS990/CashNonInterestBearingGrp/EOYAmt010848
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0340331
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt09
IRS990/CYOtherExpensesAmt0767397
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0128800
IRS990/CYRevenuesLessExpensesAmt0-298257
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0767397
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0469140
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0200
IRS990/DeferredRevenueGrp/EOYAmt022109
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01713
IRS990/DepreciationDepletionGrp/TotalAmt01713
IRS990/Desc0ADVANCE DEVELOPMENT AND REDEVELOPMENT PROJECTS, TO STIMULATE AND SUPPORT ECONOMIC GROWTH, AND TO EXPEDITE THE REVITALIZATION PROCSESS WITHIN THE CITY OF SPRINGFIELD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0888407
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0350786
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0758664
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04310
IRS990/FeesForServicesAccountingGrp/TotalAmt04310
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04423
IRS990/FeesForServicesLegalGrp/TotalAmt04423
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0213497
IRS990/FeesForServicesOtherGrp/TotalAmt0213497
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Andrew Davis
IRS990/Form990PartVIISectionAGrp/PersonNm1Jose Claudio
IRS990/Form990PartVIISectionAGrp/PersonNm2Antonio Dos Santos
IRS990/Form990PartVIISectionAGrp/PersonNm3Timothy Sheehan
IRS990/Form990PartVIISectionAGrp/PersonNm4Jeffrey Daley
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4President & CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0469140
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt04456
IRS990/InsuranceGrp/TotalAmt04456
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt09
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02369975
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02368156
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0535802
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030683
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02616
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0903
IRS990/LandBldgEquipCostOrOtherBssAmt031586
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0TO AID IN THE SPEEDY AND ORDERLY DEVELOPMENT OR REDEVELOPMENT OF PROPERTY IN THE CITY OF SPRINGFIELD, INCLUDING BUT NOT LIMITED TO UNUSED, UNDERUSED OR UNDEVELOPED AREAS, AND IN THE DEVELOPMENT, OPERATION, AND MANAGEMENT OF FACILITIES AND INFRASTRUCTURE NECESSARY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0115000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0115000
IRS990/NetAssetsOrFundBalancesBOYAmt03477437
IRS990/NetAssetsOrFundBalancesEOYAmt03179180
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02589030
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02828394
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0921
IRS990/OfficeExpensesGrp/TotalAmt0921
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0730040
IRS990/OtherAssetsTotalGrp/EOYAmt01148117
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Payment of fiscal agent funds
IRS990/OtherExpensesGrp/Desc1TAXES & LICENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0537621
IRS990/OtherExpensesGrp/ProgramServicesAmt1456
IRS990/OtherExpensesGrp/TotalAmt0537621
IRS990/OtherExpensesGrp/TotalAmt1456
IRS990/OtherLiabilitiesGrp/BOYAmt030314
IRS990/OtherLiabilitiesGrp/EOYAmt030314
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt07000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04638
IRS990/PrincipalOfficerNm0Jeffrey Daley
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/Desc0Service revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0128800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0128800
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0407560
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-810980
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0366410
IRS990/PYOtherRevenueAmt015239
IRS990/PYProgramServiceRevenueAmt089497
IRS990/PYRevenuesLessExpensesAmt0-665094
IRS990/PYTotalExpensesAmt0366410
IRS990/PYTotalRevenueAmt0-298684
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-298257
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt098486
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0340331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0497057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0159700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01098496
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029577
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018633
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012931
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt023690
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt084840
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92830
IRS990ScheduleA/PublicSupportPY170Pct00.91020
IRS990ScheduleA/PublicSupportTotal170Amt01098496
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0340331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0497057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0523
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0159700
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01098496
IRS990ScheduleA/TotalSupportAmt01183336
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0903
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030683
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031586
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01147128
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1988
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due From 276 Bridge LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due From 276 Bridge MM LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Line of Credit
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0903
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01148117
IRS990ScheduleD/TotalBookValueProgramRltdAmt02368156
IRS990ScheduleD/TotalLiabilityAmt030314
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED BY THE TREASURER AND CHAIRPERSON PRIOR TO BEING PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER IS GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AND, ON AN ANNUAL BASIS, MUST SIGN THE STATEMENT THAT THEY ARE IN COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPESATION WAS DETERMINED BASED ON RESEARCH OF SALARY GUIDES FOR SIMILAR POSITIONS AND ORGANIZATIONS BASED ON EXPERIENCE OF THE INDIVIDUAL THROUGH VARIOUS ONLINE RESOURCES AND GUIDANCE FROM MEMBERS OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents available for public inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03838765
IRS990/TotalAssetsEOYAmt03543148
IRS990/TotalAssetsGrp/BOYAmt03838765
IRS990/TotalAssetsGrp/EOYAmt03543148
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0340331
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08733
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0758664
IRS990/TotalFunctionalExpensesGrp/TotalAmt0767397
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0361328
IRS990/TotalLiabilitiesEOYAmt0363968
IRS990/TotalLiabilitiesGrp/BOYAmt0361328
IRS990/TotalLiabilitiesGrp/EOYAmt0363968
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03477437
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03179180
IRS990/TotalProgramServiceExpensesAmt0758664
IRS990/TotalProgramServiceRevenueAmt0128800
IRS990/TotalRevenueGrp/ExclusionAmt09
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0128800
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0469140
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03838765
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03543148
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01131 Main Street
IRS990/USAddress/CityNm0Springfield
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001103
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.developspringfield.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeffrey Daley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DEVELOPSPRINGFIELD CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0DEVE
ReturnHeader/Filer/EIN0263862976
ReturnHeader/Filer/PhoneNum04132098808
ReturnHeader/Filer/USAddress/AddressLine1Txt01131 Main Street
ReturnHeader/Filer/USAddress/CityNm0Springfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030288632
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOWNEY PIECIAK FITZGERALD & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 PARK PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRATTLEBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005301
ReturnHeader/PreparerPersonGrp/PhoneNum08022571307
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph S Pieciak Jr CPA
ReturnHeader/ReturnTs02026-02-18T09:27:14-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31

Document Assets

No mirrored PDF or thumbnail assets are attached yet.