Stl Partnership CDC FY2021 filing

Not tax-deductible

Saint Louis, MO501(c)(6)Since 1979EIN 43-1196731

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To further the economic development of st. Louis county to promote and assist the growth and development of business concerns, including small business concerns in st. Louis county. (the principal objective of the corporation shall be to benefit the community by fostering increased employment opportunities and expansion of small business and industry for the citizens of st. Louis county.) to serve as a certified development company for the small business administration ("sba") and to facilitate the making of sba loans to small businesses located in st. Louis county and any other county in which IT is authorized by the sba to operate.

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $9K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$38K
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$360K
+36% vs prior year
Spent
$353K
Net assets
$53K
By yearFY2019–FY2024
Revenue
$360K
FY2021▲ +36%
Revenue by fiscal year
FY2019$345K
FY2020$265K
FY2021$360K
FY2022$291K
FY2023$344K
FY2024$333K
FY2024$296K
Expenses
$353K
FY2021▼ -5%
Expenses by fiscal year
FY2019$406K
FY2020$370K
FY2021$353K
FY2022$289K
FY2023$303K
FY2024$269K
FY2024$402K
Net assets
$53K
FY2021▲ +16%
Net assets by fiscal year
FY2019$150K
FY2020$45K
FY2021$53K
FY2022$54K
FY2023$95K
FY2024$159K
FY2024$54K

From the FY2021 Form 990 (year ending September 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Assistant Treasurer
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
Assistant Secretary
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary & Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Stl Partnership CDC executive salaries →

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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 15aNo

Programs and updates

Boosts economic growth and development for St. Louis businesses.

Provided by the organization

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1 program · in their own filed words · FY2020
01

STL partnership certified development company (also known as STL partnership CDC, or CDC) manages a successful small business administration (sba) 504 loan program. CDC'S board of directors is responsible for the evaluation and approval for multiple loan programs for ST. Louis economic development partnership (the partnership), ST.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$360K
Ln 12
Fees for servicesLn 2g$348K
Investment incomeLn 3$12K
Money outPt IX
$353K
Ln 25
Owns and owesPt X
$53K
net assets · Ln 32
Cash and savingsLn 1–2$66K
Total assetsLn 16$91K
LiabilitiesLn 26$38K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$348K
Investment incomeLn 3$12K
Total revenueLn 12$360K
Assets in detailPt X, end of year
SavingsLn 2$66K
Cash and savings togetherLn 1–2$66K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$480
Total assetsLn 16$91K
LiabilitiesLn 26$38K
Net assetsLn 32$53K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$65K$66K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$87K$91K
LiabilitiesLn 26$42K$38K
Net assetsLn 32$45K$53K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$89K
Other salaries and wagesLn 7$167K
Pension plan contributionsLn 8$12K
Other employee benefitsLn 9$17K
Payroll taxesLn 10$20K
Legal feesLn 11b$13K
Accounting feesLn 11c$4K
Other fees for servicesLn 11g$7K
Office expensesLn 13$2K
TravelLn 17$2K
InsuranceLn 23$18K
Other expenses (24a–d)Ln 24$3K
Total functional expensesLn 25$353K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $333K$269K$64K$159K 990 PDF
FY2023 $344K$303K$41K$95K 990 PDF
FY2022 $291K$289K$2K$54K 990 PDF
FY2021 Viewing $360K$353K$7K$53K 990 PDF
FY2020 $265K$370K−$105K$45K 990 PDF
FY2019 $345K$406K−$61K$150K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $360,117 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $348,330$348,330
VIII-3 Investment incomeExcluded from tax $11,787$11,787
VIII-12 Total revenueRelated to mission $348,330 · Unrelated business $0 · Excluded from tax $11,787$360,117
Part IX · Statement of functional expenses $352,788 across 12 lines filed
IX-5 Pay of current officers, directors and key staff$89,469
IX-7 Other salaries and wages$166,761
IX-8 Pension plan contributions$11,663
IX-9 Other employee benefits$16,636
IX-10 Payroll taxes$19,538
IX-11b Legal fees$12,800
IX-11c Accounting fees$3,500
IX-11g Other fees for services$7,286
IX-13 Office expenses$2,064
IX-17 Travel$1,933
IX-23 Insurance$18,309
IX-24 Other expenses (24a–d)$2,829
IX-25 Total functional expenses$352,788
Part X · Balance sheet $90,750 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $65,426$66,250
X-4 Accounts receivableStart of year $4,628$6,164
X-9 Prepaid expenses and deferred chargesStart of year $16,374$17,856
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $480$480
X-16 Total assetsStart of year $86,908$90,750
X-17 Accounts payable and accrued expensesStart of year $40,768$29,185
X-25 Other liabilitiesStart of year $914$9,010
X-26 Total liabilitiesStart of year $41,682$38,195
X-32 Total net assets or fund balancesStart of year $45,226$52,555
X-33 Total liabilities and net assetsStart of year $86,908$90,750
Part XI · Reconciliation of net assets $52,555 net assets at year end
XI-1 Total revenue$360,117
XI-2 Total expenses$352,788
XI-3 Revenue less expenses$7,329
XI-4 Net assets at start of year$45,226
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$52,555

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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