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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
2023-12-01
NTEE code, primary
S40: Business and Industry
Description
Bloomington Economic Development Corporation supports startups, fosters business expansion, drives innovation, and enhances economic vitality in Monroe County through strategic partnerships and resources.
Total revenues
$563,283
2023
Total expenses
$583,962
2023
Total assets
$629,534
2023
Num. employees
5
2023

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

Financials for Bloomington Economic Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$199,011
Program services$361,512
Investment income and dividends$2,760
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$563,283

Organizations like Bloomington Economic Development Corporation

OrganizationLocationRevenue
Richland Economic DevelopmentSidney, MT$242,904
Grow Cedar ValleyWaterloo, IA$2,261,185
Aspire Johnson CountyGreenwood, IN$1,022,636
NW Douglas County (EDC)Highlands Ranch, CO$547,688
Netnhub and BridgeKingsport, TN$600,000
Greater Norfolk CorporationNorfolk, VA$184,364
One OkaloosaFort Walton Beach, FL$680,589
Northwest Indiana ForumPortage, IN$1,377,894
Newton Development CorporationNewton, IA$233,997
Webster City Area ABIWebster City, IA$157,757
Data update history
January 24, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 13, 2025
Updated personnel
Identified 11 new personnel
November 20, 2024
Updated personnel
Identified 7 new personnel
January 4, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 25 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsPolitical advocacyState / local levelReceives government fundingCommunity engagement / volunteering
General information
Address
1720 N Kinser Pike 001
Bloomington, IN 47404
Metro area
Bloomington, IN
County
Monroe County, 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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