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EIN 35-1534667

Bloomington Economic Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
5
City
Bloomington
State
Indiana
Year formed
1984
Most recent tax filings
2022-12-01
NTEE code, primary
S40: Business and Industry
Description
Bloomington Economic Development Corporation serves as the catalyst for retaining, developing, and attracting quality jobs in Monroe County. They provide leadership on issues affecting business growth and competitiveness in the long-term economy while facilitating retention and expansion of primary employers and key industries. The organization drives recruitment of new business development and facilitates expansion of existing businesses while acting as an intermediary for local businesses seeking state and federal economic development assistance programs.
Total revenues
$590,621
2022
Total expenses
$556,710
2022
Total assets
$637,286
2022
Num. employees
5
2022

Program areas at Bloomington Economic Development Corporation

The organization recruits new business Development and facilitates the expansion of existing business in monroe county. The organization acts as an intermediary between local businesses and state and federal Economic Development assistance programs. It provides leadership on issues that affect business growth, challenges to job creation and the long-term competitiveness of the local economy. It supports entrepreneurship and innovation to support the creation of jobs.

Grants made by Bloomington Economic Development Corporation

GranteeGrant descriptionAmount
Dimension MillTo Further the Organization's Mission.$5,000

Personnel at Bloomington Economic Development Corporation

NameTitleCompensation
Clark GreinerBusiness Development Director
Jennifer PearlPresident$112,361
Dave ConnerTreasurer$0
Tyce CarmichaelSecond Vice Chair / Secretary / Director$0
Valerie PenaSecretary$0
...and 4 more key personnel

Financials for Bloomington Economic Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$240,623
Program services$347,656
Investment income and dividends$2,342
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$590,621

Form 990s for Bloomington Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-06-24990View PDF
2018-122019-11-04990View PDF
...and 8 more Form 990s
Data update history
January 4, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 25 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 3, 2023
Updated personnel
Identified 9 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsPolitical advocacyState / local levelReceives government funding
General information
Address
1720 N Kinser Pike 001
Bloomington, IN 47404
Metro area
Bloomington, IN
Website URL
bloomingtonedc.com/ 
Phone
(812) 335-7346
IRS details
EIN
35-1534667
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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