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Nonprofit · EIN 30-0698663

NORTHSIDE DEVELOPMENT CORPORATION

Tax-exempt · SPARTANBURG, SC 29303

Financials

$1.4M$3M2022$2.1M$2.2M2023$3M$3M2024
Revenue Expenses · by fiscal year end
Financials of NORTHSIDE DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,994,117$2,992,391$1,726$27,115,720$9,769,439$17,346,281
June 30, 2024990$2,137,592$2,187,192-$49,600$27,427,572$10,083,017$17,344,555
June 30, 2023990$1,423,256$3,022,133-$1,598,877$27,353,806$9,977,101$17,376,705
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,781,378
Program service revenue
$113,584
Investment income
$230,950
Net income from sales of inventory
-$209,032
Other revenue
-$131,795

Expenses

Grants and similar amounts paid
$527,073
Compensation of officers, directors and key employees
$83,194
Other salaries and wages
$330,209
Salaries, compensation and benefits (total)
$413,403
Professional fundraising fees
$0
Legal fees
$6,325
Occupancy
$61,899
Depreciation
$76,773
Program services (functional)
$2,607,307
Management and general (functional)
$340,202
Fundraising (functional)
$44,882

Balance sheet and other

Total assets, start of year
$27,427,572
Total assets, end of year
$27,115,720
Total liabilities, end of year
$9,769,439
Net assets, end of year
$17,346,281
Land, buildings and equipment
$653,502
Net assets without donor restrictions
$17,046,281
Net assets with donor restrictions
$300,000
Gross receipts
$3,774,299
Employees
13
Volunteers
61
Year formed
2011
State of legal domicile
SC

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL WILLIAMSONEXECUTIVE DI
Officer
40$112,813$11,443
CATHERINE BASS BLACKVICE CHAIR
Trustee or director, Officer
2.3$0$0
LARRY CRUDUPTRUSTEE
Trustee or director
2.3$0$0
SHAUNTE EVANSTRUSTEE
Trustee or director
2.3$0$0
REGGIE GETERSECRETARY
Trustee or director, Officer
2.3$0$0
TROY HANNATRUSTEE
Trustee or director
2.3$0$0
LAURA HENTHORNTRUSTEE
Trustee or director
2.3$0$0
WANDA CHEEKS HOLMESTRUSTEE
Trustee or director
2.3$0$0
WILLIAM BARNET IIITRUSTEE
Trustee or director
2.3$0$0
MEREDITH LINDSEYTRUSTEE
Trustee or director
2.3$0$0
TAMARA MAKUPSONTRUSTEE
Trustee or director
2.3$0$0
ALEX POWELLTREASURER
Trustee or director, Officer
2.3$0$0
CAREY ROTHSCHILDTRUSTEE
Trustee or director
2.3$0$0
TIM SCHMITZTRUSTEE
Trustee or director
2.3$0$0
LORETTA SINGLETONTRUSTEE
Trustee or director
2.3$0$0
4 more people on this return
NameTitleHours / weekCompensation
CHRIS STORYTRUSTEE
Trustee or director
2.3$0
MOLLY TALBOT-METZTRUSTEE
Trustee or director
2.3$0
JOHN VERREAULTCHAIR
Trustee or director, Officer
2.3$0
TERESA WRAYTRUSTEE
Trustee or director
2.3$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL WILLIAMSONEXECUTIVE DI
Officer
40$106,465$11,585
CATHERINE BASS BLACKVICE CHAIR
Trustee or director, Officer
2.3$0$0
TERRY BRANNONTRUSTEE
Trustee or director
2.3$0$0
SHAUNTE EVANSTRUSTEE
Trustee or director
2.3$0$0
REGGIE GETERSECRETARY
Trustee or director, Officer
2.3$0$0
TROY HANNATRUSTEE
Trustee or director
2.3$0$0
LAURA HENTHORNTRUSTEE
Trustee or director
2.3$0$0
WANDA CHEEKS HOLMESTRUSTEE
Trustee or director
2.3$0$0
WILLIAM BARNET IIITRUSTEE
Trustee or director
2.3$0$0
ALEX POWELLTREASURER
Trustee or director, Officer
2.3$0$0
CAREY ROTHSCHILDTRUSTEE
Trustee or director
2.3$0$0
TIM SCHMITZTRUSTEE
Trustee or director
2.3$0$0
CHRIS STORYTRUSTEE
Trustee or director
2.3$0$0
MOLLY TALBOT-METZTRUSTEE
Trustee or director
2.3$0$0
MARY L THOMASTRUSTEE
Trustee or director
2.3$0$0
JOHN VERREAULTCHAIR
Trustee or director, Officer
2.3$0$0
TERESA WRAYTRUSTEE
Trustee or director
2.3$0$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL WILLIAMSONEXECUTIVE DI
Officer
40$98,934$10,824
CATHERINE BASS BLACKTRUSTEE
Trustee or director
2.3$0$0
TERRY BRANNONTRUSTEE
Trustee or director
2.3$0$0
STEVE BROWNTRUSTEE
Trustee or director
2.3$0$0
SHAUNTE EVANSTRUSTEE
Trustee or director
2.3$0$0
REGGIE GETERTRUSTEE
Trustee or director
2.3$0$0
LAURA HENTHORNTREASURER
Trustee or director, Officer
2.3$0$0
WANDA CHEEKS HOLMESSECRETARY
Trustee or director, Officer
2.3$0$0
WILLIAM BARNET IIITRUSTEE
Trustee or director
2.3$0$0
CHELLE JONESTRUSTEE
Trustee or director
2.3$0$0
ALEX POWELLTRUSTEE
Trustee or director
2.3$0$0
CAREY ROTHSCHILDTRUSTEE
Trustee or director
2.3$0$0
TIM SCHMITZTRUSTEE
Trustee or director
2.3$0$0
CHRIS STORYTRUSTEE
Trustee or director
2.3$0$0
MOLLY TALBOT-METZTRUSTEE
Trustee or director
2.3$0$0
MARY L THOMASCHAIR
Trustee or director, Officer
2.3$0$0
JOHN VERREAULTVICE CHAIR
Trustee or director, Officer
2.3$0$0
TERESA WRAYTRUSTEE
Trustee or director
2.3$0$0

Address and contacts

Address (IRS master file)
501 HOWARD STREET SUITE A, SPARTANBURG, SC 29303-3582
In care of
% ED MEMMOTT
Principal officer (990 for 2024)
JOHN VERREAULT, 598 HOWARD ST SUITE A, SPARTANBURG, SC 29302
Signed the 990
JOHN VERREAULT, CHAIR
Phone
(864) 598-0097
Return prepared by
ELLIOTT & PAINTER LLP

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.

990 for the year ended June 30, 2025

Program accomplishments

  • REDEVELOPMENT OF PROPERTIES - LANDSCAPING, UTILITY BILLING, BOARD-UP COSTS, PROFESSIONAL FEES AND OTHER EXPENSES RELATED TO PURCHASED PROPERTIES.
    Expenses $293,633 · revenue $113,584
  • NORTHSIDE STATION - A MIXED USE MIXED INCOME HOUSING AND COMMERCIAL DEVELOPMENT PROJECT THAT INCLUDES MARKET-RATE AND AFFORDABLE HOUSING AND A COMMERCIAL COMPONENT FOR A CLINIC, RETAIL AND OFFICE SPACE. NORTHSIDE STATION APARTMENTS - AN AFFORDABLE HOUSING DEVELOPMENT WITH APPROXIMATELY 90 UNITS IN THE NORTHSIDE COMMUNITY.
    Expenses $346,759
  • FRANKLIN SCHOOL - A PROJECT TO DEVELOP A NEW EARLY LEARNING SCHOOL IN THE NORTHSIDE COMMUNITY.
    Expenses $77,000 · grants $77,000
  • RECREATIONAL CENTER - CONTRIBUTIONS TO TK GREGG RECREATION CENTER AND FOOTBALL FIELD LOCATED IN THE NORTHSIDE. ADEN WAREHOUSES - A PROJECT TO ACQUIRE THE WAREHOUSES AT 300 ADEN STREET WITH PLANS TO REMEDIATE THE PROPERTIES IN CONJUNCTION WITH THE CITY OF SPARTANBURG IN A MANNER SUFFICIENT TO ENCOURAGE FUTURE DEVELOPMENT. NEIGHBORHOOD IMPROVEMENT PROGRAM - PROVIDES FUNDING AND CASE MANAGEMENT TO REHABILITATE OWNER OCCUPIED HOUSING WITHIN THE NORTHSIDE NEIGHBORHOOD. HOMEOWNERS THAT QUALIFY CAN RECEIVE UP TO 25,000 IN A FORGIVABLE LOAN FOR HOME REPAIRS. THE GOAL IS TO SUPPORT EXISTING LOW AND MODERATE INCOME RESIDENTS WITH NEEDED HOME REPAIRS AND IMPROVE THE OVERALL COMMUNITY. VOYAGER COMMUNITY LEADERSHIP - RESIDENT LEADERS SUPPORTING THE IMPLEMENTATION OF THE NORTHSIDE TRANSFORMATION PLAN. CASE MANAGEMENT - PROVIDES SUPPORTIVE SERVICES TO NORTHSIDE RESIDENTS THROUGH ONE ON ONE AND GROUP CASE MANAGEMENT SERVICES TO INCLUDE BUT NOT LIMITED TO FINANCIAL WELLNESS, EDUCATION, AND EMPLOYMENT OPPORTUNITIES THROUGH PARTNERSHIPS AND ACCESS TO SMALL AND MICRO BUSINESS EDUCATION AND FUNDING OPPORTUNITIES. CLEVELAND ACADEMY OF LEADERSHIP SUPPORT AND PROGRAMMING - PROVIDES FINANCIAL SUPPORT FOR PROGRAMMING FOR EDUCATION AND ENRICHMENT OPPORTUNITIES FOR STUDENTS. START ME - AN ENTREPRENEURSHIP ACCELERATOR PROGRAM THAT PROVIDES PARTICIPANTS WITH 14 WEEKS OF BUSINESS TRAINING. THIS PROGRAM IS AN INITIATIVE TO HELP LOCALS FORM SUCCESSFUL SMALL BUSINESSES WITHIN THE COMMUNITY.
    Expenses $1,889,915 · grants $450,073

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
30-0698663
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
2013
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$27,115,720
Income (IRS master file)
$3,774,299

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,994,117$2,992,391$27,115,720IRS
990June 2024$2,137,592$2,187,192$27,427,572IRS
990June 2023$1,423,256$3,022,133$27,353,806XML
990June 2022$1,778,258$1,723,841$27,524,844IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 30-0698663).

Questions about NORTHSIDE DEVELOPMENT CORPORATION

What is the EIN of NORTHSIDE DEVELOPMENT CORPORATION?
The employer identification number (EIN) of NORTHSIDE DEVELOPMENT CORPORATION is 30-0698663.
Is NORTHSIDE DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to NORTHSIDE DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTHSIDE DEVELOPMENT 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 NORTHSIDE DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTHSIDE DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NORTHSIDE DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names JOHN VERREAULT.
Who are the officers and directors of NORTHSIDE DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 19 people; 1 received compensation from the organization, the highest $112,813 (MICHAEL WILLIAMSON, EXECUTIVE DI).
How much revenue does NORTHSIDE DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,994,117, expenses of $2,992,391 and total assets of $27,115,720 at year end.

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