Civic Intelligence

Bloomington Normal Economic Development Council

990 • Fiscal year 2022 • EIN 37-1169886

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileWWW.BNBIZ.ORG
200 W College Avenue Suite 402Normal, IL 61761

(309) 452-8437

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.10x

Higher debt load relative to assets than 40% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

42nd percentile

0.13x

Higher debt load relative to revenue than 42% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

16th percentile

-9.2%

Higher net margin than 16% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

77th percentile

$229,536

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 23.4% of source-year revenue.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

43rd percentile

-0.6%

Faster asset growth than 43% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

45th percentile

5.6%

Faster revenue growth than 45% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$1,341,348

Down $7,987 (-0.6%) from 2021

Net Assets

Down

$1,209,882

Down $90,127 (-6.9%) from 2021

Liabilities

Up

$131,466

Up $82,140 (+167%) from 2021

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin16th percentile

Revenue

Up

$981,896

Up $51,821 (+5.6%) from 2021

Expenses

Up

$1,072,023

Up $294,206 (+38%) from 2021

Net Income

Down

-$90,127

Down $242,385 (-159%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,503,977Liabilities 2011: $21,408Net Assets 2011: $1,482,5692011Assets 2012: $1,827,802Liabilities 2012: $18,434Net Assets 2012: $1,809,3682012Assets 2013: $1,669,671Liabilities 2013: $28,104Net Assets 2013: $1,641,5672013Assets 2014: $1,252,197Liabilities 2014: $54,955Net Assets 2014: $1,197,2422014Assets 2015: $985,944Liabilities 2015: $87,021Net Assets 2015: $898,9232015Assets 2016: $618,104Liabilities 2016: $46,044Net Assets 2016: $572,0602016Assets 2017: $516,471Liabilities 2017: $60,733Net Assets 2017: $455,7382017Assets 2018: $669,930Liabilities 2018: $28,403Net Assets 2018: $641,5272018Assets 2019: $748,269Liabilities 2019: $36,509Net Assets 2019: $711,7602019Assets 2020: $1,197,082Liabilities 2020: $49,334Net Assets 2020: $1,147,7482020Assets 2021: $1,349,335Liabilities 2021: $49,326Net Assets 2021: $1,300,0092021Assets 2022: $1,341,348Liabilities 2022: $131,466Net Assets 2022: $1,209,8822022Assets 2023: $1,057,647Liabilities 2023: $150,741Net Assets 2023: $906,9062023Assets 2024: $889,820Liabilities 2024: $194,694Net Assets 2024: $695,1262024

Highlighted filing

2022

Assets$1,341,348
Liabilities$131,466
Net Assets$1,209,882
Open 2022 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $924,3162011Expenses 2012: $701,5672012Revenue 2013: $522,389Expenses 2013: $690,190Net Income 2013: -$167,8012013Revenue 2014: $492,409Expenses 2014: $936,734Net Income 2014: -$444,3252014Revenue 2015: $549,601Expenses 2015: $847,920Net Income 2015: -$298,3192015Revenue 2016: $679,460Expenses 2016: $1,006,323Net Income 2016: -$326,8632016Revenue 2017: $816,043Expenses 2017: $932,365Net Income 2017: -$116,3222017Revenue 2018: $1,025,901Expenses 2018: $840,112Net Income 2018: $185,7892018Revenue 2019: $808,001Expenses 2019: $737,768Net Income 2019: $70,2332019Revenue 2020: $1,149,476Expenses 2020: $713,488Net Income 2020: $435,9882020Revenue 2021: $930,075Expenses 2021: $777,817Net Income 2021: $152,2582021Revenue 2022: $981,896Expenses 2022: $1,072,023Net Income 2022: -$90,1272022Revenue 2023: $742,304Expenses 2023: $1,056,780Net Income 2023: -$314,4762023Revenue 2024: $1,063,313Expenses 2024: $1,275,093Net Income 2024: -$211,7802024

Highlighted filing

2022

Revenue$981,896
Expenses$1,072,023
Net Income-$90,127
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$981,896
Mission and Program Overview

Mission

The economic development council helps businesses in mclean county grow and attracts new business to the community. The edc is a leadership organization, investing in the community's assets to grow and improve the prosperity and quality of life.

To help businesses and communities in the mclean county area prosper by attracting new businesses aiding the development of existing businesses within the community. The edc is a leadership organization, investing in the community's assets to prosper and improve the quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,265,102$1,205,216▼ $59,886
Prepaid Expenses and Deferred Charges$17,650$27,125▲ $9,475
Accounts Receivable$56,684$18,585▼ $38,099
Land, Buildings, and Equipment, Net$9,899$6,206▼ $3,693
Total Assets$1,349,335$1,341,348▼ $7,987
Other Assets Total$0$84,216▲ $84,216
Liabilities
Other Liabilities$0$85,589▲ $85,589
Accounts Payable and Accrued Expenses$49,326$45,877▼ $3,449
Total Liabilities$49,326$131,466▲ $82,140
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,300,009$1,209,882▼ $90,127
Total Net Assets Fund Balance$1,300,009$1,209,882▼ $90,127
Total Liabilities and Net Assets / Fund Balance$1,349,335$1,341,348▼ $7,987

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,206$99,102$105,308
Other Assets Org$84,216--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick HobanCEOFT$208,168$21,368$229,536

Board Members and Trustees

NameTitle
Puneet LeekhaChair
Andy ShirkVice Chair
Chris KoosBoard Member
Cindy BlackburnBoard Member
Dan StephensBoard Member
J PhillipsBoard Member
John PennBoard Member
Keith CornilleBoard Member
Mboka MwilambweBoard Member
Neil FinlenBoard Member
Ryan GammelgardBoard Member
Ryan WhitehouseBoard Member
Zach DietemeierBoard Member
John HesseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$644,787
Program Service Revenue
$36,707
Investment Income
$386
Other Revenue
$300,016
All Other Contributions
$644,787
Change in Net Assets
$-90,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$981,896
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$981,896
Total Revenue per Form 990
$981,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$553,423
Other Expenses$518,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$188,801$62,933-$251,734
Current Officers, Directors, Trustees, and Key Employees$156,126$52,042-$208,168
Other Employee Benefits$42,538$14,179-$56,717
Occupancy$39,118$16,765-$55,883
Fees for Services Management$47,633--$47,633
Payroll Taxes$27,603$9,201-$36,804
Information Technology$24,109$10,333-$34,442
Conferences and Meetings$15,894$3,973-$19,867
Fees for Services Accounting-$11,908-$11,908
Advertising$4,627$680-$5,307
Insurance$3,308$584-$3,892
Office Expenses$3,099$774-$3,873
Depreciation Depletion$2,954$739-$3,693
Other Expenses$2,144$536-$2,680
All Other Expenses$741$318-$1,059
Total Functional Expenses$874,091$197,932$0$1,072,023

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,072,023
Total Expenses per Audited Statements$1,072,023
Total Expenses per Form 990$1,072,023
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$85,589
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“990 is provided to the board of directors for approval prior to filing”

Form 990, Part VI, Section B, Line 12C

“Management regularly and consistently monitors and eforces compliance with its coi policy”

Form 990, Part VI, Section B, Line 15A

“Ceo salary is determined annually by the board of directors' executive committee based on comparable data.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request”

Filing and Contact Details

Filer

Filer Name
Economic Development Council of the
EIN
37-1169886
Phone
3094528437
Address
200 W COLLEGE AVENUE SUITE 402, NORMAL, IL 61761

Signing Officer

Name
Patrick Hoban
Title
CEO
Phone
3094528437
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Hoban
Formed
1984
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
6
Volunteers
0

Preparer

Firm
Striegel Knobloch & Company LLC
Address
115 W JEFFERSON ST SUITE 200, BLOOMINGTON, IL 61701
Preparer
Stephen H Arendt Partner
Phone
3098294303
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the council and the corporation and recognize a tax liability in the consolidated financial statements of the organization if an uncertain tax position that more than likely would not be sustained upon examination by applicable taxing authorities has been taken by either. Management has analyzed the tax positions taken by both the council and the corporation and has concluded that as of december 31, 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements of the organization. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Tax years prior to 2019 are closed.”

Raw XML AppendixShowing 400 of 496 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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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt099102
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09899
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06206
IRS990/LandBldgEquipCostOrOtherBssAmt0105308
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO HELP BUSINESSES AND COMMUNITIES IN TEH MCLEAN COUNTY AREA PROSPER BY ATTRACTING NEW BUSINESSES AIDING THE DEVELOPMENT OF EXISTING BUSINESSES WITHIN THE COMMUNITY. THE EDC IS A LEADERSHIP ORGANIZATION, INVESTING IN THE COMMUNITY'S ASSETS TO PROSPER AND IMPROVE THE QUALITY OF LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01300009
IRS990/NetAssetsOrFundBalancesEOYAmt01209882
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01300009
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01209882
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt016765
IRS990/OccupancyGrp/ProgramServicesAmt039118
IRS990/OccupancyGrp/TotalAmt055883
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0774
IRS990/OfficeExpensesGrp/ProgramServicesAmt03099
IRS990/OfficeExpensesGrp/TotalAmt03873
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt084216
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014179
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042538
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056717
IRS990/OtherExpensesGrp/Desc0ATTRACTION/ RETENTION
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012165
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1802
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2536
IRS990/OtherExpensesGrp/ProgramServicesAmt0282467
IRS990/OtherExpensesGrp/ProgramServicesAmt128386
IRS990/OtherExpensesGrp/ProgramServicesAmt24543
IRS990/OtherExpensesGrp/ProgramServicesAmt32144
IRS990/OtherExpensesGrp/TotalAmt0282467
IRS990/OtherExpensesGrp/TotalAmt140551
IRS990/OtherExpensesGrp/TotalAmt25345
IRS990/OtherExpensesGrp/TotalAmt32680
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt085589
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0ENTERPRISE ZONE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0290058
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt19958
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0290058
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt19958
IRS990/OtherRevenueTotalAmt0300016
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062933
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0188801
IRS990/OtherSalariesAndWagesGrp/TotalAmt0251734
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09201
IRS990/PayrollTaxesGrp/ProgramServicesAmt027603
IRS990/PayrollTaxesGrp/TotalAmt036804
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017650
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027125
IRS990/PrincipalOfficerNm0PATRICK HOBAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ECONOMIC DEVELOPMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt036707
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt036707
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0579383
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0276
IRS990/PYOtherExpensesAmt0321659
IRS990/PYOtherRevenueAmt0349852
IRS990/PYProgramServiceRevenueAmt0564
IRS990/PYRevenuesLessExpensesAmt0152258
IRS990/PYSalariesCompEmpBnftPaidAmt0456158
IRS990/PYTotalExpensesAmt0777817
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0930075
IRS990/ReconcilationRevenueExpnssAmt0-90127
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt06206
IRS990ScheduleD/EquipmentGrp/DepreciationAmt099102
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0105308
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01072023
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt084216
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT-OF-USE ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt085589
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0981896
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COUNCIL AND THE CORPORATION AND RECOGNIZE A TAX LIABILITY IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE ORGANIZATION IF AN UNCERTAIN TAX POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAXING AUTHORITIES HAS BEEN TAKEN BY EITHER. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY BOTH THE COUNCIL AND THE CORPORATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE ORGANIZATION. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TAX YEARS PRIOR TO 2019 ARE CLOSED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06206
IRS990ScheduleD/TotalBookValueOtherAssetsAmt084216
IRS990ScheduleD/TotalExpensesPerForm990Amt01072023
IRS990ScheduleD/TotalLiabilityAmt085589
IRS990ScheduleD/TotalRevenuePerForm990Amt0981896
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0981896
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01072023
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0208168
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt03891
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017477
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICK HOBAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0229536
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REGULARLY AND CONSISTENTLY MONITORS AND EFORCES COMPLIANCE WITH ITS COI POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CEO SALARY IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS' EXECUTIVE COMMITTEE BASED ON COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COMMUNITY DEVELOPMENT CORPORATION OF THE BLOOMINGTON-NORMAL AREA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0261436471
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0200 W COLLEGE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NORMAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd061761
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,341,348
Liabilities
$131,466
Net assets
$1,209,882
Revenue
$981,896
Expenses
$1,072,023
Net income
-$90,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.19$0.70$1.06$1.28$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.15$0.91$0.74$1.06$0.31
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.13$1.21$0.98$1.07$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.05$1.30$0.93$0.78$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.05$1.15$1.15$0.71$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.04$0.71$0.81$0.74$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.03$0.64$1.03$0.84$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.06$0.46$0.82$0.93$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.05$0.57$0.68$1.01$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.09$0.90$0.55$0.85$0.30
2014Detailed filing. Detailed filing data is available for this year.$1.25$0.05$1.20$0.49$0.94$0.44
2013Detailed filing. Detailed filing data is available for this year.$1.67$0.03$1.64$0.52$0.69$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.02$1.81$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.02$1.48$0.92