City of Spartanburg Development
THE CITY OF SPARTANBURG DEVELOPMENT CORPORATION EXISTS TO FURTHER ECONOMIC DEVELOPMENT BY RELIEVING UNEMPLOYMENT, COMBATING COMMUNITY DETERIORATION, INCREASING EMPLOYMENT OPPORTUNITIES, AND EXPANDING BUSINESS FOR THE CITY.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$11.9M
-1.9% YoY
Annual Giving
$100K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$100K
+0.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,894,525 | $12,122,470 | $12,034,528 |
| Revenue | $431,889 | $155,739 | $700,863 |
| Expenses | $350,834 | $155,797 | $798,936 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $13,181 | $5,453 | $58,151 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does City of Spartanburg Development fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEROME RICE MAYOR | PRESIDENT | 0.02 | — |
| KIMBERLY FLY | VICE PRESIDE | 0.02 | — |
| CHRIS STORY | SECRETARY/TR | 0.25 | — |
| ERICA BROWN | DIRECTOR | 0.02 | — |
| JOSH JONES | DIRECTOR | 0.02 | — |
| LAURA STILLE | DIRECTOR | 0.02 | — |
| DENNIS LOCKE | FINANCE DIRE | 0.25 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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