2025-11-12T08:11:34+00:00 2024-12-31 440160260 Forvis Mazars LLP 910 E St Louis 200 PO Box 1190 Springfield MO 658062523 990 2024-01-01 431309497 Springfield Business Development Corporation SPRI 4178625567 PO Box 1687 Springfield MO 658011687 Matt Morrow Corporate Secretary 4178625567 2025-11-12 true true Brian Todd P00422601 4178658701 2025-11-12 2024 2025-03-06 01:10:19Z Brad Erwin PO Box 1687 Springfield MO 658011687 962431 false X WWW.SPRINGFIELDREGION.COM X 1983 MO TO PROVIDE CONTINUED REVENUE SOURCE FOR THE CHAMBER'S ECONOMIC DEV. PROGRAM; ASSISTING BUSINESS AND INDUSTRY AND ATTRACTING NEW BUSINESS AND INDUSTRY TO THE REGION. 20 19 0 25 0 672875 666250 237942 268805 15328 27376 0 0 926145 962431 0 0 0 0 0 0 0 0 0 1040934 1008369 1040934 1008369 -114789 -45938 1308821 1264246 753467 754830 555354 509416 TO PROVIDE A CONTINUED REVENUE SOURCE FOR THE CHAMBER'S ECONOMIC DEVELOPMENT PROGRAM; ASSISTING BUSINESS AND INDUSTRY AND ATTRACTING NEW BUSINESS AND INDUSTRY TO THE SPRINGFIELD REGION. false false 332526 94082 ECONOMIC DEVELOPMENT PROJECTS - IN 2024, ECONOMIC DEVELOPMENT TEAM MANAGED SEVERAL NEW BUSINESS INVESTMENT OPPORTUNITIES/LEADS, RESULTING IN 9 SUCCESSFUL PROJECTS. THE TEAM HOSTED 5 PROJECT SPECIFIC SITE VISITS IN THE SPRINGFIELD REGION AND SOLD 105 ACRES OF INDUSTRIAL LAND. THE TEAM ANNOUNCED SEVERAL PROJECT WINS, RESULTING IN 382 NEW JOBS, $38.4M IN NEW PAYROLL AND $208M IN NEW CAPITAL INVESTMENT. 332526 94082 WORKFORCE DEVELOPMENT - IN ORDER TO MEET THE MOST PRESSING NEED OF EXISTING BUSINESSES, NEWLY ATTRACTED BUSINESSES AND START-UP COMPANIES, THE SBDC HAS SIGNIFICANTLY INCREASED ITS FOCUS ON WORKFORCE DEVELOPMENT. STAFF ADMINISTERS SIGNIFICANT PROGRAMS FOCUSED ON DEVELOPING TALENT WITHIN THE EXISTING EDUCATION SYSTEM, ATTRACTING TALENT TO THE REGION FROM OUTSIDE THE AREA AND RETAINING TALENT ALREADY IN THE REGION OR ATTENDING SCHOOL IN THE REGION. ALL OF THESE EFFORTS WILL GIVE SPRINGFIELD A COMPETITIVE ADVANTAGE NOW AND INTO THE FORESEEABLE FUTURE. 285023 80641 BUSINESS DEVELOPMENT INITIATIVES - IN 2024, OUR AGGRESSIVE APPROACH TO ASSISTING EXISTING COMPANIES WITH GROWTH OPTIONS, CONTINUED ALONG WITH OUR OUTREACH TO BRING NEW PRIMARY INDUSTRY SECTOR EMPLOYERS TO THE AREA. STAFF HELD NUMEROUS FACE-TO-FACE MEETINGS WITH LOCAL BUSINESS LEADERS TO IDENTIFY BARRIERS TO GROWTH AND INVESTMENTS THEY MAY NEED TO MAKE TO ENSURE THEIR PRESENCE IN THE REGION. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. 950075 true true false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false true false true 7 0 true 0 false false false false false false false false false false false false X 20 19 false true false false false false false true true false false false true true true true true true false false false false X JENNIFER DALTON COO 4178625567 PO BOX 1687 SPRINGFIELD MO 658011687 Brad Erwin Board Vice President 1.0 0 X X 0 0 0 Christina Angle Board President 2.0 1.0 X X 0 0 0 David Atkisson Board Treasurer 1.0 0 X X 0 0 0 Matt Morrow Board Secretary 1.0 50.0 X X 0 273902 57411 Bob Dixon Board Member 1.0 0 X 0 0 0 Brent Baldwin Board Member 1.0 0 X 0 0 0 Brian Hammons Board Member 1.0 5.0 X 0 0 0 Carl Kicklighter Board Member 1.0 2.0 X 0 0 0 Chris Stange Board Member 1.0 0 X 0 0 0 Gary Gibson Board Member 1.0 0 X 0 0 0 Gary Schafer Board Member 1.0 0 X 0 0 0 Hollie Elliott Board Member 1.0 0 X 0 0 0 Jake McWay Board Member 1.0 0 X 0 0 0 Jason Gage Board Member 1.0 0 X 0 0 0 Jason Smith Board Member 1.0 0 X 0 0 0 Joe Wilkinson Board Member 1.0 0 X 0 0 0 Joselyn Baldner Board Member 1.0 2.0 X 0 0 0 Robert Randolph Board Member 1.0 0 X 0 0 0 Stephanie O'Connor Board Member 1.0 2.0 X 0 0 0 Trevor Crist Board Member 1.0 0 X 0 0 0 0 273902 57411 0 false true false 0 122500 543750 666250 ECONOMIC DEVELOPMENT MANAGEMENT CONTRACT 541610 50000 50000 ANNUAL MEETING 541900 51960 51960 INVESTOR EVENTS OUTLOOK SERIES 541610 92075 92075 REGIONAL PARTNERS SERVICES 541900 35000 35000 RESTRICTED INCOME 541610 39770 39770 0 0 0 0 268805 27376 27376 0 0 0 0 0 0 0 0 0 0 962431 268805 0 27376 0 0 650000 650000 12955 12955 5326 5326 0 0 6270 6270 15718 15718 9170 9170 21008 21008 32017 32017 BUSINESS DEVELOPMENT 91239 91239 RESEARCH 64306 64306 INVESTOR RELATIONS 59584 59584 LICENSES, DUES & SUBSCRIPTIONS 20451 20451 20325 20325 0 0 1008369 950075 58294 0 0 0 752912 641541 0 0 0 0 0 0 0 0 0 0 0 0 0 26300 121666 121666 0 0 0 0 0 0 0 0 555909 596405 1308821 1264246 17958 0 0 0 89600 68425 0 0 0 0 0 0 0 0 60000 60000 585909 626405 753467 754830 X 553170 453717 2184 55699 0 0 0 0 0 0 555354 509416 1308821 1264246 -45938 0 X false true false false X 576583 650500 598625 672875 666250 3164833 0 0 576583 650500 598625 672875 666250 3164833 101257 3063576 1631 1500 1721 15328 27376 47556 0 0 0 0 0 0 0 3212389 1525917 0.95368 0.95680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 121666 121666 0 0 CFO INVESTMENT FOR COC 596405 596405 Federal Income Taxes CFO FUND 596405 AIR SERVICE DEVELOPMENT 30000 626405 962431 0 0 962431 0 0 962431 1008369 0 0 1008369 0 0 1008369 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. false false false false false false false false false Matt Morrow Board Secretary 0 213496 0 40906 0 19500 0 26491 0 30920 0 331313 0 0 Form 990, Part III, Line 4c BUSINESS DEVELOPMENT During the year, staff and SBDC leadership continued proactive outreach to national and regional site selection consultants and corporate real estate executives who advise companies on expansion and relocation decisions. These engagements provided opportunities to share Springfield's competitive assets, workforce strengths, and quality-of-life advantages. Staff also coordinated familiarization tours with prospective companies, offering data-driven presentations, business climate briefings, and introductions to key community partners. These efforts were designed to strengthen Springfield's visibility among decision-makers, build long-term relationships with companies and consultants, and position the region as a top choice for job creation and capital investment. Form 990, Part VI, Line 9 GOVERNING DOCUMENTS AVAILABILITY THE ANNUAL FORM 990 IS AVAILABLE FOR INSPECTION AT THE SPRINGFIELD AREA CHAMBER OF COMMERCE OFFICES. GOVERNING DOCUMENTS AND INTERNAL FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. Form 990, Part VI, Line 3 Delegation of management duties DAILY ACTIVITIES OF THE ORGANIZATION ARE CONDUCTED UNDER SUPERVISION OF SPRINGFIELD AREA CHAMBER OF COMMERCE'S SENIOR VICE PRESIDENT OF ECONOMIC DEVELOPMENT. THE ORGANIZATION IS A WHOLLY-OWNED SUBSIDIARY OF SPRINGFIELD AREA CHAMBER OF COMMERCE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. AN ELECTRONIC COPY OF THE DRAFT FORM 990 IS EMAILED TO BOARD MEMBERS TO REVIEW PRIOR TO FILING. THE PRESIDENT AND CHIEF OPERATING OFFICER FOR SPRINGFIELD AREA CHAMBER OF COMMERCE, OF WHICH THE ORGANIZATION IS A WHOLLY-OWNED SUBSIDIARY, THOROUGHLY REVIEW THE FORM 990 PRIOR TO FILING. THE PRESIDENT OF SPRINGFIELD AREA CHAMBER OF COMMERCE IS ALSO THE SECRETARY OF SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION. Form 990, Part VI, Line 12c Conflict of interest policy NO CONFLICTS OF INTEREST WERE DISCLOSED IN 2024. ANNUALLY, DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW ALL POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST IS FOUND, THE INDIVIDUAL IS EXPECTED TO ABSTAIN FROM VOTING ON THE PARTICULAR ISSUE WITH WHICH THERE IS THE CONFLICT. Form 990, Part VI, Line 19 Required documents available to the public THE ANNUAL FORM 990 IS AVAILABLE FOR INSPECTION AT THE SPRINGFIELD AREA CHAMBER OF COMMERCE OFFICES. GOVERNING DOCUMENTS AND INTERNAL FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. Form 990, Part XII, Line 1 ACCOUNTING METHOD THE ORGANIZATION USES THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. ANNUAL INVESTEMENTS ARE RECOGNIZED WHEN RECEIVED. SPRINGFIELD AREA CHAMBER OF COMMERCE 202 S JOHN Q HAMONS PARKWAY SPRINGFIELD MO 65806 440501055 BUS ADVOCACY MO 501(c)(6) NA false false false false false false false false false false false false true true true true false false false false SPRINGFIELD AREA CHAMBER OF COMMERCE M 650000 ACTUAL VALUE