Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Community Development Corporation of the Bloomington-Normal Area
990EZ • Fiscal year 2018 • EIN 26-1436471
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.21x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
73rd percentile
Faster asset growth than 73% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Balance Sheet
Assets
Down$337,699
Down $29,478 (-8.0%) from 2017
Net Assets
Down$265,699
Down $63,978 (-19%) from 2017
Liabilities
Up$72,000
Up $34,500 (+92%) from 2017
Revenue And Expenses
Revenue
Down$105,350
Down $77,707 (-42%) from 2017
Expenses
Down$169,328
Down $64,981 (-28%) from 2017
Net Income
Down-$63,978
Down $12,726 (-25%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Apr 26, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $105,350
Mission and Program Overview
Mission
The cdc aids the economic development council of the bloomington-normal area in providing additional funding to promote economic development and prosperity in the region through local grants and loans; the cdc also promotes stem education in the community.
Aids the edc in providing additional funding in the development of the bloomington-normal area through grans and loans; promotes science, technology, engineering, and mathematics in the community.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| STEM INITIATIVE | - | $161,234 |
| ECONOMIC DEVELOPMENT PROGRAMS | - | $5,944 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DOUG ROESCH | Chairman | - | $0 | - | - |
| BILL WASSON | Board Member | - | $0 | - | - |
| TIM GLEASON | Board Member | - | $0 | - | - |
| PAM REECE | Board Member | - | $0 | - | - |
| MATT MAMER | Board Member | - | $0 | - | - |
| TOM GOOD | Board Member | - | $0 | - | - |
| KYLE HAM | CEO | - | $0 | - | - |
| MIKE O'GRADY | Interim CEO | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Community Development
- EIN
- 26-1436471
- Phone
- 3094528437
- Address
- 200 W COLLEGE AVE, NORMAL, IL 61761
Signing Officer
- Name
- MIKE O'GRADY
- Title
- Interim CEO
- Phone
- 3094528437
- Signed
- 2019-04-26
- Discuss with paid preparer
- Yes
Preparer
- Firm
- May Cocagne & King Pc
- Address
- 1353 E MOUND RD SUITE 300, DECATUR, IL 62526
- Preparer
- Craig T Negangard
- Phone
- 2178752655
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Other income 200 total 200”
Form 990-ez, Part I, Line 16
“Expenses conferences and conv. 6,730 administrative 69,980 special projects 12,551 stem curriculum 69,447 bad debt expense 5,944 miscellaneous 2,500 total 167,152”
Form 990-ez, Part II, Line 24
“Other loans 11,105 5,500 prepaid expenses and deferred charges 238,928 170,663 total 250,033 176,163”
Form 990-ez, Part II, Line 26
“Deferred revenue 0 70,000 due to others 37,500 2,000”
Form 990-ez, Part III
“Aids the edc in providing additional funding in the development of the bloomington-normal area through grans and loans; promotes science, technology, engineering, and mathematics in the community.”
Raw XML Appendix184 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | AMY DENHAM |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3094528437 |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NORMAL |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 61761 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 117144 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 161536 |
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| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -63978 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2176 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 337699 |
| IRS990EZ/GrossReceiptsAmt | 0 | 105350 |
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| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 329677 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 265699 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 329677 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | KYLE HAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | MIKE O'GRADY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | INTERIM CEO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 250033 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 176163 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 167152 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 200 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | AIDS THE EDC IN PROVIDING ADDITIONAL FUNDING IN THE DEVELOPMENT OF THE BLOOMINGTON-NORMAL AREA THROUGH GRANS AND LOANS; PROMOTES SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS IN THE COMMUNITY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 10798 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | STEM INITIATIVE |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ECONOMIC DEVELOPMENT PROGRAMS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 161234 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 5944 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 37500 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 72000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 169328 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 167178 |
| IRS990EZ/TotalRevenueAmt | 0 | 105350 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | 3,258 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART III, LINE 12 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 93500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 183038 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 296770 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 188134 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 761442 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 852 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 683 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 918 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1258 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 3730 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 10998 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 10998 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 852 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 19 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 683 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 918 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1258 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 3730 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3248 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 3258 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99100 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.98910 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 772440 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 104498 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 183038 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 296770 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 188134 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 772440 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 105350 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 183057 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 300701 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 189052 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1268 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 779428 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER INCOME 200 TOTAL 200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES CONFERENCES AND CONV. 6,730 ADMINISTRATIVE 69,980 SPECIAL PROJECTS 12,551 STEM CURRICULUM 69,447 BAD DEBT EXPENSE 5,944 MISCELLANEOUS 2,500 TOTAL 167,152 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OTHER LOANS 11,105 5,500 PREPAID EXPENSES AND DEFERRED CHARGES 238,928 170,663 TOTAL 250,033 176,163 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DEFERRED REVENUE 0 70,000 DUE TO OTHERS 37,500 2,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | AIDS THE EDC IN PROVIDING ADDITIONAL FUNDING IN THE DEVELOPMENT OF THE BLOOMINGTON-NORMAL AREA THROUGH GRANS AND LOANS; PROMOTES SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS IN THE COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MIKE O'GRADY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | INTERIM CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3094528437 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-04-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | COMMUNITY DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION OF BLOOMINGTON-NORMAL A |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COMM |
| ReturnHeader/Filer/EIN | 0 | 261436471 |
| ReturnHeader/Filer/PhoneNum | 0 | 3094528437 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 W COLLEGE AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NORMAL |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 61761 |
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| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 173.161.31.25 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-04-26 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 10:21:26 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 371074029 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MAY COCAGNE & KING PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1353 E MOUND RD SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DECATUR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 62526 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2178752655 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-04-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CRAIG T NEGANGARD |
| ReturnHeader/ReturnTs | 0 | 2019-04-26T10:21:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $337,699
- Liabilities
- $72,000
- Net assets
- $265,699
- Revenue
- $105,350
- Expenses
- $169,328
- Net income
- -$63,978