Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2026.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
21 people listed on the 990; $89K paid to officers and key staff.
Carlos Ortega’s $89K as Executive Director is at the 65th percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Carlos Ortega | $89,000 | — | — | — | — |
| Kayla Graven | — | $73,443 | $68,000 | — | — |
| Lisa Clemmons Stott | — | — | — | — | $67,083 |
| Kayla Graven - from July 1 | — | — | — | $57,417 | — |
| Lisa Clemmons Stott - Thru June 30 | — | — | — | $37,917 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Improves downtown Springfield to make it a great place for shopping, working, visiting, investing, and living.
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To preserve, promote and enhance springfield's historic central business district.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $233K | $486K |
| Land, buildings, equipmentLn 10c | $17K | $17K |
| Total assetsLn 16 | $252K | $505K |
| LiabilitiesLn 26 | $2K | −$2K |
| Net assetsLn 32 | $250K | $507K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $89K | |||
| Other salaries and wagesLn 7 | $17K | |||
| Payroll taxesLn 10 | $11K | |||
| Other fees for servicesLn 11g | $6K | |||
| Advertising and promotionLn 12 | $5K | |||
| Office expensesLn 13 | $10K | |||
| Information technologyLn 14 | $3K | |||
| OccupancyLn 16 | $10K | |||
| TravelLn 17 | $2K | |||
| InsuranceLn 23 | $8K | |||
| Other expenses (24a–d)Ln 24 | $149K | |||
| All other expensesLn 24e | $17K | |||
| Total functional expensesLn 25 | $326K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $582K | $326K | $257K | $507K | 990 PDF |
| FY2023 | $327K | $319K | $7K | $250K | 990 PDF |
| FY2022 | $379K | $321K | $58K | $243K | 990 PDF |
| FY2021 | $393K | $325K | $68K | $185K | 990 PDF |
| FY2020 | $360K | $295K | $65K | $117K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $582,201 across 8 lines filed
Part IX · Statement of functional expenses $325,655 across 12 lines filed
Part X · Balance sheet $505,222 assets, 11 lines filed
Part XI · Reconciliation of net assets $506,811 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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