Nonprofit · EIN 26-3862976
DEVELOPSPRINGFIELD CORPORATION
Tax-exempt · SPRINGFIELD, MA 01144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $469,140 | $767,397 | -$298,257 | $3,543,148 | $363,968 | $3,179,180 |
| December 31, 2024 | 990 | -$298,684 | $366,410 | -$665,094 | $3,838,765 | $361,328 | $3,477,437 |
| December 31, 2023 | 990 | $39,940 | $101,437 | -$61,497 | $4,938,505 | $795,974 | $4,142,531 |
| June 30, 2023 | 990 | -$868,884 | $163,906 | -$1,032,790 | $4,946,432 | $742,404 | $4,204,028 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $340,331
- Program service revenue
- $128,800
- Investment income
- $9
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,423
- Accounting fees
- $4,310
- Depreciation
- $1,713
- Program services (functional)
- $758,664
- Management and general (functional)
- $8,733
Balance sheet and other
- Total assets, start of year
- $3,838,765
- Total assets, end of year
- $3,543,148
- Total liabilities, end of year
- $363,968
- Net assets, end of year
- $3,179,180
- Land, buildings and equipment
- $903
- Net assets without donor restrictions
- $2,828,394
- Net assets with donor restrictions
- $350,786
- Gross receipts
- $469,140
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2008
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Davis | Vice Chair Trustee or director, Officer | 1 | $0 |
| Jose Claudio | Secretary Trustee or director, Officer | 1 | $0 |
| Antonio Dos Santos | Chairman Trustee or director, Officer | 1 | $0 |
| Timothy Sheehan | Director Trustee or director | 1 | $0 |
| Jeffrey Daley | President & CEO Officer | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Davis | Vice President Trustee or director, Officer | 1 | $0 |
| Arlen Carballo | Treasurer Trustee or director, Officer | 1 | $0 |
| Jose Claudio | Secretary Trustee or director, Officer | 1 | $0 |
| Antonio Dos Santos | Chairman Trustee or director, Officer | 1 | $0 |
| Timothy Sheehan | Director Trustee or director | 1 | $0 |
| Jeffrey Daley | President Officer | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicholas Frytrilakis | Chairman Trustee or director, Officer | 2 | $0 |
| J Jeffrey Sullivan | Treasurer Trustee or director, Officer | 1 | $0 |
| Melinda Phelps | Vice-Chair Trustee or director, Officer | 1 | $0 |
| Jose Claudio | Clerk Trustee or director, Officer | 1 | $0 |
| Charlie Tzoumas | Member Trustee or director | 1 | $0 |
| Robert Jackson | Member Trustee or director | 1 | $0 |
| Brian Connors | Member Trustee or director | 1 | $0 |
| Glenn Welch | Member Trustee or director | 1 | $0 |
| Armando Feliciano | Member Trustee or director | 1 | $0 |
| Mary Beth Cooper | Member Trustee or director | 1 | $0 |
| Seth Stratton | Member Trustee or director | 1 | $0 |
| Joseph Premont | Member Trustee or director | 1 | $0 |
| Daniel Keenan | Member Trustee or director | 1 | $0 |
| Jeffrey Daley | President & CEO Officer | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicholas Frytrilakis | Chairman Trustee or director, Officer | 2 | $0 |
| J Jeffrey Sullivan | Treasurer Trustee or director, Officer | 1 | $0 |
| Melinda Phelps | Vice-Chair Trustee or director, Officer | 1 | $0 |
| Jose Claudio | Clerk Trustee or director, Officer | 1 | $0 |
| Daniel Keenan | Member Trustee or director | 1 | $0 |
| Brian Connors | Member Trustee or director | 1 | $0 |
| Mary Beth Cooper | Member Trustee or director | 1 | $0 |
| Armando Feliciano | Member Trustee or director | 1 | $0 |
| Seth Stratton | Member Trustee or director | 1 | $0 |
| Gleen S Welch | Member Trustee or director | 1 | $0 |
| Charlie Tzoumas | Member Trustee or director | 1 | $0 |
| Robert Jackson | Member Trustee or director | 1 | $0 |
| Joseph Premont | Member Trustee or director | 1 | $0 |
| Jeffrey Daley | President & CEO Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- ONE MONARCH PLACE, SPRINGFIELD, MA 01144-1099
- Principal officer (990 for 2025)
- Jeffrey Daley, 1131 Main Street, Springfield, MA 01103
- Signed the 990
- Jeffrey Daley, President & CEO
- Phone
- (413) 209-8808
- Website
- www.developspringfield.com
- Return prepared by
- DOWNEY PIECIAK FITZGERALD & CO PC
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.
Program accomplishments
- ADVANCE DEVELOPMENT AND REDEVELOPMENT PROJECTS, TO STIMULATE AND SUPPORT ECONOMIC GROWTH, AND TO EXPEDITE THE REVITALIZATION PROCSESS WITHIN THE CITY OF SPRINGFIELD.Expenses $758,664
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3862976
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $3,543,148
- Income (IRS master file)
- $469,140
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $469,140 | $767,397 | $3,543,148 | XML |
| 990 | December 2024 | -$298,684 | $366,410 | $3,838,765 | XML |
| 990 | December 2023 | $39,940 | $101,437 | $4,938,505 | XML |
| 990 | June 2023 | -$868,884 | $163,906 | $4,946,432 | XML |
| 990 | June 2022 | $166,652 | $196,268 | $6,116,230 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3862976).
Questions about DEVELOPSPRINGFIELD CORPORATION
- What is the EIN of DEVELOPSPRINGFIELD CORPORATION?
- The employer identification number (EIN) of DEVELOPSPRINGFIELD CORPORATION is 26-3862976.
- Is DEVELOPSPRINGFIELD CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to DEVELOPSPRINGFIELD CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEVELOPSPRINGFIELD CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DEVELOPSPRINGFIELD CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DEVELOPSPRINGFIELD CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DEVELOPSPRINGFIELD CORPORATION?
- The 990 for the year ended December 31, 2025 names Jeffrey Daley.
- Who are the officers and directors of DEVELOPSPRINGFIELD CORPORATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does DEVELOPSPRINGFIELD CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $469,140, expenses of $767,397 and total assets of $3,543,148 at year end.
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All nonprofits in SPRINGFIELD · Massachusetts · Community improvement and capacity building