Northside Development Corporation

Organization Overview

Northside Development Corporation is located in Spartanburg, SC. The organization was established in 2013. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Northside Development Corporation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northside Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Northside Development Corporation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Northside Development Corporation has awarded 23 individual grants totaling $6,155,428. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REDEVELOPMENT OF PROPERTIES - LANDSCAPING, UTILITY BILLING, BOARD-UP COSTS, PROFESSIONAL FEES AND OTHER EXPENSES RELATED TO PURCHASED PROPERTIES.


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.


FRANKLIN SCHOOL - A PROJECT TO DEVELOP A NEW EARLY LEARNING SCHOOL IN THE NORTHSIDE COMMUNITY.


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.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Williamson
Executive Di
$100,301
William Barnet III
Chair
$0
Laura Henthorn
Treasurer
$0
Mary L Thomas
Vice Chair
$0
Chris Story
Secretary
$0
Terry Brannon
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Par Grading & Hauling
Developer
$710,402
Mp Services
Contractor
$172,795
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,872,654
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,872,654
Total Program Service Revenue$89,094
Investment income $191,126
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$96,455
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$547,367
Miscellaneous Revenue$0
Total Revenue $1,778,258

Grants Awarded

Over the last fiscal year, Northside Development Corporation has awarded $242,257 in support to 3 organizations.

Grant RecipientAmount

SPARTANBURG COUNTY FIRST STEPS

Org PageRecipient Profile

Greenwood, SC

PURPOSE: SCHOOL OPERATION

$150,000

SPARTANBURG SCHOOL DIST 7

PURPOSE: CLEVELAND ACADEMY

$56,257

SPARTANBURG COUNTY FIRST STEPS

Org PageRecipient Profile

Greenwood, SC

PURPOSE: LOAN INTEREST

$36,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Northside Development Corporation has recieved totaling $617,512.

Awarding OrganizationAmount
Spartanburg County Foundation

Spartanburg, SC

PURPOSE: GENERAL SUPPORT

$350,000
Duke Endowment

Charlotte, NC

PURPOSE: TO CONTINUE TO SUPPORT A NEIGHBORHOOD-BASED EARLY CHILDHOOD INITIATIVE IN SPARTANBURG, S.C.

$200,000
Sisters Of Charity Foundation Of South Carolina

Cleveland, OH

PURPOSE: Social Services

$37,500
Balmer Foundation Inc

Spartanburg, SC

PURPOSE: GENERAL SUPPORT

$20,000
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$12
View Grant Recipient Profile

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