SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION

EIN 43-1309497 · Arts, Culture & Humanities (A)

What they do

to PROVIDE A CONTINUED REVENUE SOURCE for THE CHAMBERS ECONOMIC DEVELOPMENT PROGRAM; ASSISTING BUSINESS and INDUSTRY and ATTRACTING NEW BUSINESS and INDUSTRY to THE SPRINGFIELD REGION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

98.72%of revenue went to mission work94.2% of expenses · Program services

$104.77spent for every $100 of revenueSpending was higher than revenue this year.

6.06%of revenue went to management and office costs5.8% of expenses

$1.25in assets for every $1 spent this yearSome assets cannot be spent right away.

69.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $45,938 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $57,411 for MATT MORROW (BOARD SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$962,431

Mission workProgram services$950,07598.72% of revenue94.2% of expenses

ManagementOffice and general costs$58,2946.06% of revenue5.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,008,369104.77% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202494.2% mission

202397.4% mission

202296.7% mission

202198.0% mission

202097.3% mission

201997.7% mission

201897.5% mission

201797.7% mission

Money in and money out

Revenue$962,431

Expenses$1,008,369

Annual shortfall $45,938 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$950,075 · 94.2% of expenses

Management and office costs$58,294 · 5.8% of expenses

See all reported dollar amounts

Revenue$962,431

Expenses$1,008,369

Assets$1,264,246

Income$962,431

Contributions$666,250

Mission work (program services)$950,075

Management and general$58,294

Accounting fees$12,955

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MATT MORROWBOARD SECRETARY · 1 hrs/week $57,411Base · Other $57,411

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

MATT MORROWBOARD SECRETARY

HOLLIE ELLIOTTBOARD MEMBER

TREVOR CRISTBOARD MEMBER

STEPHANIE OCONNORBOARD MEMBER

ROBERT RANDOLPHBOARD MEMBER

JOSELYN BALDNERBOARD MEMBER

JOE WILKINSONBOARD MEMBER

JASON SMITHBOARD MEMBER

JASON GAGEBOARD MEMBER

JAKE MCWAYBOARD MEMBER

BOB DIXONBOARD MEMBER

GARY SCHAFERBOARD MEMBER

GARY GIBSONBOARD MEMBER

DAVID ATKISSONBOARD TREASURER

CHRISTINA ANGLEBOARD PRESIDENT

CHRIS STANGEBOARD MEMBER

CARL KICKLIGHTERBOARD MEMBER

BRIAN HAMMONSBOARD MEMBER

BRENT BALDWINBOARD MEMBER

BRAD ERWINBOARD VICE PRESIDENT

About this charity

Recognized since: January 1984
Location: PO Box 1687, Springfield, MO 658011687
County: Greene
In care of: Matt Morrow
Primary officer: Matt Morrow, Corporate Secretary

How to reach them

WebsiteVisit the charity’s website Phone(417) 862-5567

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Arts, Culture & Humanities (A)
IRS tax category: Arts, Culture & Humanities