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Nonprofiteer
← THE ST LOUIS LOCAL DEVELOPMENT CO

Form 990 for tax year 2023

Filed by THE ST LOUIS LOCAL DEVELOPMENT CO.

Totals

Total revenue
$63,091
Total expenses
$8,449
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$61,809
Investment income
$1,282
Other revenue
$0
Total assets, end of year
$8,916,725
Total liabilities, end of year
$9,014,211
Net assets or fund balances, end of year
-$97,486
Program services expenses (Part IX)
$8,449
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$8,449

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: LOAN SERVICING FEES

    total $61,809 · related or exempt $61,809

  • 3 · Investment income

    total $1,282 · excluded $1,282

Functional expenses

Part IX, the statement of functional expenses.

  • 23 · Insurance

    total $7,249 · program services $7,249

  • 24a · Other expenses: CONSULTING

    total $1,200 · program services $1,200

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,592,452 · end of year $4,414,625

  • 2 · Savings and temporary cash investments

    beginning of year $27,000 · end of year $27,000

  • 7 · Other notes and loans receivable

    beginning of year $6,394,767 · end of year $4,475,100

  • 17 · Accounts payable and accrued expenses

    beginning of year $35,044 · end of year $103,803

  • 25 · Other liabilities

    beginning of year $10,101,303 · end of year $8,910,408

  • 29 · Capital stock, trust principal or current funds

    beginning of year -$122,128 · end of year -$97,486

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

TO PROVIDE LENDING SERVICES TO THE SMALL BUSINESS COMMUNITY WITHIN ST. LOUIS, MISSOURI.

Activities or mission (Part I)

TO PROVIDE LENDING SERVICES TO THE SMALL BUSINESS COMMUNITY IN ST. LOUIS, MISSOURI.

  • SLLDC PROVIDES LENDING SERVICES TO SMALL BUSINESSES WITHIN THE CITY OF ST. LOUIS IN ORDER TO PROMOTE GROWTH IN THE DEPRESSED AREAS. THESE SERVICES INCLUDE SETTING UP LOANS WITH FAVORABLE RATES AND TERMS.

    Expenses $8,449

As filed on the 2023 return.

Listed in Part VII

  • Don Reeves

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • T Christopher Peoples

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anne Gliedt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rabiu Ahmad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fredrecka McGlown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Laura M Gilbert

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • James C Seitz

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • David W McCreery

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
8 May 2025
IRS schema version
2023v6.0
Source object
202541289349303039

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