Developspringfield Corporation FY2022 filing
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Helps develop or redevelop the city of Springfield, Massachusetts. For fiscal year 2022 it reported $167K in revenue, $196K in expenses, and $5.3M in net assets.Pt I
Summary of the Filing
Where the work happens
Advance development and redevelopment projects, to stimulate and support economic growth, and to expedite the revitalization process within the city of springfield.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 23% | — | — |
| Overhead ratio | 77% | — | — |
| Revenue growth | -55% | — | — |
| Legal fee ratio | 12% | — | — |
| Accounting fee ratio | 17% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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