Missouri · Nonprofit
Springfield Business Development Corporation
Springfield Business Development Corporation (Missouri) receives grants from 5 organizations whose IRS filings report $350,175 to it, the largest being MERCY HEALTH SPRINGFIELD COMMUNITIES ($285,175). 2 of them have funded it in more than one year.
- Revenue FY2024
- $962k
- Funders on record
- 5
- Grants received
- $350k
- Net assets
- $509k
What Springfield Business Development Corporation does
Mission
To provide a continued revenue source for the chamber's economic development program; assisting business and industry and attracting new business and industry to the springfield region.
As stated on its FY2024 Form 990.
Programs
Economic development projects - in 2024, economic development team managed several new business investment opportunities/leads, resulting in 9 successful projects. The team hosted 5 project specific site visits in the springfield region and sold 105 acres of industrial land. The team announced several project wins, resulting in 382 new jobs, $38.4m in new payroll and $208m in new capital investment.
$332,526 spent$94,082 earned by the program35% of program spendingWorkforce 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.
$332,526 spent$94,082 earned by the program35% of program spendingBusiness development initiatives - in 2024, 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.
$285,023 spent$80,641 earned by the program30% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $950,075.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.5M to $1.3M (−49%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 17% · 2018 15% · 2019 18% · 2020 19% · 2021 12% · 2022 15% · 2023 16% · 2024 13%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Christina Angle
Board President
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $20k → $58k.
Left out of every figure on this page: $31k from one payer (the payer shares this organization's board, largest Community Foundation of the Ozarks Inc). These are real filings, and they are not money Springfield Business Development Corporation raised.
From the IRS filings of Springfield Business Development Corporation’s funders (the co-funder graph). Top 4 of 5 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Springfield Business Development Corporation leans on a few funders — its largest provides 81% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
84% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Springfield Business Development Corporation.
Largest funder’s share by year: 2017 100% · 2019 100% · 2020 100% · 2021 88% · 2022 88% · 2023 87% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
97% of Springfield Business Development Corporation's grant income comes from Missouri funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like Springfield Business Development Corporation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Missouri
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Springfield Area Chamber of Commerce · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Springfield Business Development Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Springfield Business Development Corporation?
- Springfield Business Development Corporation (Missouri) receives grants from 5 organizations whose IRS filings report $350,175 to it, the largest being MERCY HEALTH SPRINGFIELD COMMUNITIES ($285,175). 2 of them have funded it in more than one year.
- How many funders does Springfield Business Development Corporation have?
- IRS filings report 5 organizations giving $350,175 in grants to Springfield Business Development Corporation, 2 of which have funded it in more than one year.
- Who is the largest funder of Springfield Business Development Corporation?
- MERCY HEALTH SPRINGFIELD COMMUNITIES is the largest funder on record, with $285,175 in grants. The full list of funders is on this page.
- How can an organization like Springfield Business Development Corporation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Missouri. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Springfield Business Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing