Public Charity

DEVELOPSPRINGFIELD CORPORATION

DEVELOPSPRINGFIELD CORPORATION, of Springfield, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $469K in revenue, $767K in expenses, $3.5M in total assets. 4 publicly reported grants to this organization, totaling roughly $115K, appear in IRS filings.

EIN: 263862976 Springfield, MA Latest filing: 2025
Total Revenue$469K
Total Expenses$767K
Total Assets$3.5M
Grant Records4
Funding Total$115K
Filing Years2020–2025

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.

Sample Grants Received

2022
CONTRIBUTION
$25,000
2018
To promote development and redevelopment projects that stimulate and support economic growth and expedite City of Springfield revitalization.
$30,000
2017
To promote development and redevelopment projects that stimulate and support economic growth and expedite City of Springfield revitalization.
$30,000
To promote development and redevelopment projects that stimulate and support economic growth and expedite City of Springfield revitalization.
$30,000

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

Vice Chair Andrew Davis
Chairman Antonio Dos Santos
President & CEO Jeffrey Daley
Secretary Jose Claudio
Director Timothy Sheehan

Officer compensation and complete director data available with membership.

Top Grant Purposes

To promote development and redevelopment projects that stimulate and support economic growth and expedite City of Springfield revitalization.
$90,000 3 grants
CONTRIBUTION
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $469K $767K $3.5M
2024 $-299K $366K $3.8M
2023 $40K $101K $4.9M
2022 $167K $196K $6.1M
2020 $277K $434K $6.9M

Between 2020 and 2025, reported annual revenue grew from $277K to $469K (+69%), with total assets most recently reported at $3.5M.

Interactive year-over-year charts and full filing details available with membership.

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