Northside Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $3.0 million
- Spending
- $3.0 million
- Spent on programs
- 87%
- Reserves
- 65.7 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 13
- Volunteers
- 61
- Highest pay
- $124,256, executive di
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 87 out of 100. Higher than 75% of charities in its peer group (community improvement, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 65.7 months of spending.
Debt
10 of 20It owes 36% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 40% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 29% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2518 of 18 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $293,633 spent. REDEVELOPMENT OF PROPERTIES - LANDSCAPING, UTILITY BILLING, BOARD-UP COSTS, PROFESSIONAL FEES AND OTHER EXPENSES RELATED TO PURCHASED PROPERTIES.
- $346,759 spent. 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.
- $77,000 spent. FRANKLIN SCHOOL - A PROJECT TO DEVELOP A NEW EARLY LEARNING SCHOOL IN THE NORTHSIDE COMMUNITY.
- $1.9 million spent. 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.
- 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.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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