St Louis Development Corporation

Address
1520 Market Street No 2000
St Louis, MO 63103
Contact
Phone: +1 (314) 657-3700
Nonprofit
NTEE: S50 - Nonprofit Management
EIN: 43-1490972

Mission

TO IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF THE ECONOMIC DEVELOPMENT ACTIVITIES OF THE CITY OF ST. LOUIS, MISSOURI.
 20172016201520142013
Basic features of the organization
Year of formation1988
Subsection code04
PF filing required0    
Metropolitan statistical area7040
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$282,058.00$262,729.00$254,261.00$265,308.00$165,660.00
Sum of reportable (W2/1099) compensation$264,471.00$262,729.00$254,261.00$366,205.00$278,243.00
Number of employees6270646867
Number of people compensated >$100k22232
Number of volunteers000  
Number of highly compensated contractors551616 
Personnel
Bannister, Patrick
Title   Dir of Bus DevDir of Bus Dev
Name of key/compensated person   PATRICK BANNISTERPATRICK BANNISTER
Position of compensated person
Highest compensated employees (>$100k)   TrueTrue
Average hours per week working for org   40.0040.00
Reportable compensation from org   $100,897.00$112,583.00
Other comp, non-reportable, from org and related orgs   $0.00$20,128.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.000.00
Conway, Stephen
TitleMemberMemberMEMBER  
Name of key/compensated personAlderman Stephen ConwayAlderman Stephen ConwaySTEPHEN CONWAY  
Position of compensated person
Average hours per week working for org1.000.000.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Crim, Rodney
Title   FORMER CHAIRMANChairman
Name of key/compensated person   RODNEY CRIMRODNEY CRIM
Position of compensated person
Average hours per week working for org   50.0050.00
Reportable compensation from org   $119,710.00$165,660.00
Other comp, non-reportable, from org and related orgs   $0.00$25,684.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.000.00
Gilbert, Loura
TitleMemberMember   
Name of key/compensated personLoura GilbertLoura Gilbert   
Position of compensated person
Average hours per week working for org1.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Goodson, Chris
TitleMemberMemberMEMBERMEMBERMEMBER
Name of key/compensated personChris GoodsonChris GoodsonCHRIS GOODSONCHRIS GOODSONCHRIS GOODSON
Position of compensated person
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs   0.000.00
Hahn, Charles
TitleTreasurerTreasurer  Treasurer
Name of key/compensated personCharles HahnCharles Hahn  CHARLES HAHN
Position of compensated person
Average hours per week working for org1.000.00  0.00
Reportable compensation from org$0.00$0.00  $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00  $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00  $0.00
Average hours per week working for related orgs    0.00
Kennedy, Terry
Title   MemberMEMBER
Name of key/compensated person   TERRY KENNEDYTERRY KENNEDY
Position of compensated person
Average hours per week working for org   0.000.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.000.00
Levison, Mark
TitleMemberMemberMEMBERMEMBERMEMBER
Name of key/compensated personMark H LevisonMark H LevisonMARK H LEVISONMARK H LEVISONMARK H LEVISON
Position of compensated person
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs   0.000.00
McBride, Matthew
TitleMemberMemberMEMBERMEMBERMEMBER
Name of key/compensated personMatthew S McBrideMatthew S McBrideMATTHEW S MCBRIDEMATTHEW S MCBRIDEMATTHEW S MCBRIDE
Position of compensated person
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs   0.000.00
Mitchell-Yancey, Leslye
TitleSecretarySecretary   
Name of key/compensated personLeslye Mitchell-YanceyLeslye Mitchell-Yancey   
Position of compensated person
Average hours per week working for org1.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Roddy, Joseph
TitleMemberMemberMEMBERMEMBER 
Name of key/compensated personAlderman Joseph RoddyAlderman Joseph RoddyJOSEPH D RODDYJOSEPH D RODDY 
Position of compensated person
Average hours per week working for org1.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs   0.00 
Ruthsatz, Dale
TitleDeputy DirectorDeputy DirectorDEPUTY DIRECTOR  
Name of key/compensated personDale E RuthsatzDale E RuthsatzDALE E RUTHSATZ  
Position of compensated person
Highest compensated employees (>$100k)TrueTrueTrue  
Average hours per week working for org40.0040.0040.00  
Reportable compensation from org$104,939.00$105,000.00$100,760.00  
Other comp, non-reportable, from org and related orgs$17,122.00$15,840.00$15,857.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Shapiro, Gregory
TitleMemberMemberMEMBERMEMBERMEMBER
Name of key/compensated personGregory E ShapiroGregory E ShapiroGREGORY E SHAPIROGREGORY E SHAPIROGREGORY E SHAPIRO
Position of compensated person
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs   0.000.00
Timm, Wendy
TitleMemberMemberMEMBERMEMBER 
Name of key/compensated personWendy TimmWendy TimmWENDY TIMMWENDY TIMM 
Position of compensated person
Average hours per week working for org1.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs   0.00 
Ward, C
Title   MEMBERMEMBER
Name of key/compensated person   C CLINTON WARDC CLINTON WARD
Position of compensated person
Average hours per week working for org   0.000.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.000.00
Wessels, Alfred
Title   MEMBERMEMBER
Name of key/compensated person   ALFRED J WESSELS JRALFRED WESSELS JR
Position of compensated person
Average hours per week working for org   0.000.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.000.00
Williams, Larry
Title   MEMBERMEMBER
Name of key/compensated person   LARRY WILLIAMSLARRY WILLIAMS
Position of compensated person
Average hours per week working for org   0.000.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.000.00
Williams, Otis
TitleExecutive DirectorExecutive DirectorCHAIRMANCHAIRMAN 
Name of key/compensated personOtis WilliamsOtis WilliamsOTIS WILLIAMSOTIS WILLIAMS 
Position of compensated person
Average hours per week working for org50.0050.0050.0050.00 
Reportable compensation from org$159,532.00$157,729.00$153,501.00$145,598.00 
Other comp, non-reportable, from org and related orgs$21,743.00$21,385.00$21,109.00$20,560.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs   0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTo improve the efficiency and effectiveness of the economic development activities of the City of St. Louis, Missouri.To improve the efficiency and effectiveness of the economic development activities of the City of St. Louis, Missouri.TO IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF THE ECONOMIC DEVELOPMENT ACTIVITIES OF THE CITY OF ST. LOUIS, MISSOURI.TO IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF THE ECONOMIC DEVELOPMENT ACTIVITIES OF THE CITY OF ST. LOUIS, MISSOURI.TO IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF THE ECONOMIC DEVELOPMENT ACTIVITIES OF THE CITY OF ST. LOUIS, MISSOURI.
Program service expenses, total$9,105,543.00$9,411,919.00$8,713,496.00$8,812,877.00$8,846,460.00
Programs, including revenue & expenses
SLDC improves the efficiency and effectiveness of six government agencies and St. Louis Local Development Company, another tax-exempt organization, by performing administrative and research functions. The corporation acts as an imprest administration fund which pays the general expenses and allocates them to the seven affiliated agencies.
Program expenses$9,105,543.00$9,411,919.00$8,713,496.00$8,812,877.00$8,846,460.00
Grants and allocations made$394,964.00$493,863.00$295,427.00  
Program revenue$5,720,124.00$5,217,830.00$4,345,336.00$4,319,740.00$4,398,309.00
Program descriptionSLDC improves the efficiency and effectiveness of six government agencies and St. Louis Local Development Company, another tax-exempt organization, by performing administrative and research functions. The corporation acts as an imprest administration fund which pays the general expenses and allocates them to the seven affiliated agencies.SLDC improves the efficiency and effectiveness of six government agencies and St. Louis Local Development Company, another tax-exempt organization, by performing administrative and research functions. The corporation acts as an imprest administration fund which pays the general expenses and allocates them to the seven affiliated agencies.SLDC IMPROVES THE EFFICIENCY AND EFFECTIVENESS OF SIX GOVERNMENT AGENCIES AND ST. LOUIS LOCAL DEVELOPMENT COMPANY, ANOTHER TAX-EXEMPT ORGANIZATION, BY PERFORMING ADMINISTRATIVE AND RESEARCH FUNCTIONS. THE CORPORATION ACTS AS AN IMPREST ADMINISTRATION FUND WHICH PAYS THE GENERAL EXPENSES AND ALLOCATES THEM TO THE SEVEN AFFILIATED AGENCIES.SLDC IMPROVES THE EFFICIENCY AND EFFECTIVENESS OF SIX GOVERNMENT AGENCIES AND ST. LOUIS LOCAL DEVELOPMENT COMPANY, ANOTHER TAX-EXEMPT ORGANIZATION, BY PERFORMING ADMINISTRATIVE AND RESEARCH FUNCTIONS. THE CORPORATION ACTS AS AN IMPREST ADMINISTRATION FUND WHICH PAYS THE GENERAL EXPENSES AND ALLOCATES THEM TO THE SEVEN AFFILIATED AGENCIES.SLDC IMPROVES THE EFFICIENCY AND EFFECTIVENESS OF SIX GOVERNMENT AGENCIES AND ST. LOUIS LOCAL DEVELOPMENT COMPANY, ANOTHER TAX-EXEMPT ORGANIZATION, BY PERFORMING ADMINISTRATIVE AND RESEARCH FUNCTIONS. THE CORPORATION ACTS AS AN IMPREST ADMINISTRATION FUND WHICH PAYS THE GENERAL EXPENSES AND ALLOCATES THEM TO THE SEVEN AFFILIATED AGENCIES.
Financial data
Revenue
Total revenue$6,086,226.00$6,209,398.00$5,354,556.00$5,340,495.00$6,833,266.00
Revenue from contributions (total)  $0.00$0.00$0.00
Investment income, current yr$1,757.00$3,067.00$3,848.00$4,217.00$5,803.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$364,345.00$988,501.00$1,005,372.00$1,016,538.00$2,429,154.00
Net unrelated business taxable revenue$0.00$0.00$0.00  
Program service revenue (total)$5,720,124.00$5,217,830.00$4,345,336.00$4,319,740.00$4,398,309.00
Gross receipts$6,086,226.00$6,209,398.00$5,354,556.00$5,340,495.00$6,833,266.00
Other types of revenue
Royalties (total)   $0.00$0.00
Miscellaneous revenue (total)$5,748.00$628,784.00$731,287.00$673,010.00$2,119,852.00
Net revenue from gaming (total)   $0.00$0.00
Income from dividends, interest, and similar investments$1,757.00$3,067.00$3,848.00$4,217.00$5,803.00
Net rental income$358,597.00$359,717.00$274,085.00$343,528.00$309,302.00
Net income from fundraising events   $0.00$0.00
Net inventory sales (total)   $0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$9,105,543.00$9,411,919.00$8,713,496.00$8,812,877.00$8,846,460.00
Total functional expenses: program service $9,105,543.00$9,411,919.00$8,713,496.00$8,812,877.00$8,846,460.00
Total functional expenses: management and general$0.00$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Lobbying fees (total)   $0.00$0.00
Legal fees (total)   $0.00$0.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)   $0.00$0.00
Investment management fees (total)   $0.00$0.00
Assets and liabilities
Total assets$8,204,400.00$7,437,449.00$8,214,634.00$7,128,042.00$10,658,054.00
Total assets, beginning of year$7,437,449.00$8,214,634.00$7,128,042.00$10,658,054.00$9,087,379.00
Total liabilities$8,046,516.00$7,323,938.00$8,054,007.00$6,942,603.00$10,244,546.00
Total liabilities, beginning of year$7,323,938.00$8,054,007.00$6,942,603.00$10,244,546.00$9,141,293.00
Pledges & accounts receivable, net   $0.00$0.00
Loans & receivables from key persons   $0.00$0.00
Net assets$157,884.00$113,511.00$160,627.00$185,439.00$413,508.00
Net assets, beginning of year$113,511.00$160,627.00$185,439.00$413,508.00-$53,914.00
Other liabilities$6,962,020.00$6,460,010.00$6,829,539.00$6,237,114.00$8,889,827.00
Intangible assets   $0.00$0.00
Other assets$6,988,901.00$6,327,182.00$6,564,974.00$6,204,748.00$7,303,562.00
Investments: other securities   $0.00$0.00
Investments: publicly traded securities$27,750.00$27,250.00$24,850.00$23,350.00$15,800.00
Cash: non-interest bearing$1,006,873.00$1,029,855.00$1,341,857.00$849,506.00$2,446,403.00
Cash: non-interest bearing, beginning of year$1,029,855.00$1,341,857.00$849,506.00$2,446,403.00$2,054,348.00
Investments -- program-related   $0.00$0.00
Inventories for sale or use   $0.00$0.00
Other financial variables
Revenue less expenses-$3,019,317.00-$3,202,521.00-$3,358,940.00-$3,472,382.00-$2,013,194.00
Advertising (total)$42,134.00$61,702.00$45,672.00$44,654.00$49,610.00
Savings & temp cash investment   $0.00$0.00
Accounts receivable, net$3,734.00$1,453.00$234,081.00$2,548.00-$1,051.00
Prepaid expenses & deferred charges$177,142.00$51,709.00$48,872.00$47,890.00$43,340.00
Accounts payable & accrued expenses$1,084,496.00$863,928.00$1,224,468.00$705,489.00$1,354,719.00
Total net assets or fund balances$157,884.00$113,511.00$160,627.00$185,439.00$413,508.00
Depreciation, depletion, amortization   $0.00$0.00
Payment to affiliates   $0.00$0.00
Governance and accountability
Number of voting members11118129
Number of independent voting members11118129
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-012012-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-08-302017-07-202016-08-092015-08-242014-04-09
IRS schema version2016v3.02015v3.02014v6.02013v4.02012v2.0
Filing identifier201831309349303208201730389349301538201631379349310063201541359349303614201440389349300219
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