Public Charity

NORTHSIDE DEVELOPMENT CORPORATION

Based in SPARTANBURG, SC, NORTHSIDE DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $3.0M in revenue, $3.0M in expenses, $27.1M in total assets for fiscal year 2025. Imperigo tracks 32 reported grant relationships connected to this organization totaling approximately $13.4M.

EIN: 300698663 SPARTANBURG, SC Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$3.0M
Total Expenses$3.0M
Total Assets$27.1M
Grant Records32
Funding Total$13.4M
Filing Years2021–2025

Mission

THE NORTHSIDE INITIATIVE IS WORKING TO FUNDAMENTALLY TRANSFORM THE NORTHSIDE NEIGHBORHOOD INTO A COMMUNITY OF CHOICE, WHERE CURRENT RESIDENTS CHOOSE TO STAY AND NEW PEOPLE CHOOSE TO MOVE. RESIDENTS WHO WANT TO STAY AND MAKE A BETTER LIFE FOR THEMSELVES IN THE NORTHSIDE WILL HAVE EVERY OPPORTUNITY TO DO SO. THE NORTHSIDE INITIATIVE HAS BEEN DESCRIBED AS THE MOST AMBITIOUS REDEVELOPMENT IN SPARTANBURG'S HISTORY. RESIDENTS AND STAKEHOLDERS AT ALL LEVELS WERE KEY TO THE DEVELOPMENT OF THIS IMPLEMENTATION PLAN.

Where $100 goes at Northside Development Corporation

How Northside Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$10 Management running the organization
$1 Fundraising raising the next dollar

Inside the $89 for programs

$64
Recreational center
73% of program spending
$12
Northside station
13% of program spending · Reported in the filing: 90 units
$10
Redevelopment of properties
11% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Alex Powell
TRUSTEE Carey Rothschild
VICE CHAIR Catherine Bass Black
TRUSTEE Chris Story
CHAIR John Verreault
TRUSTEE Larry Crudup

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,859,028 25 grants
Health & Medicine
$5,315,000 1 grant
Human & Social Services
$190,500 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.0M $3.0M $27.1M
2024 $2.1M $2.2M $27.4M
2023 $1.4M $3.0M $27.4M
2022 $1.8M $1.7M $27.5M
2021 $3.4M $2.0M $29.6M

Between 2021 and 2025, reported annual revenue declined from $3.4M to $3.0M (-11%), with total assets most recently reported at $27.1M.

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

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