2026-08-31T08:27:59-07:00 2025-12-31 363794537 Timmer And Associates CPA PC 4480 - 48th Avenue Ct Suite 3 Rock Island IL 61201 990 2025-01-01 471937546 BRIDGE INVESTMENT COMMUNITY DEVELOPMENT BRID 3097946711 100 19TH STREET SUITE 104 ROCK ISLAND IL 61201 KEVIN SCHOONMAKER Chairman 2026-08-31 true JOHN D TIMMER CPA P00118477 5633239407 2025 X KEVIN SCHOONMAKER 100 19TH STREET SUITE 104 ROCK ISLAND IL 61201 832092 false X WWW.BRIDGEINVESTMENTCDC.ORG X 2014 IL SUPPORT JOB CREATION AND ECONOMIC GROWTH BY PROVIDING COMMUNITY BASED LENDING AND INVESTMENT WHILE FOSTERING THE CREATION AND PRESERVATION OF LOW AND MODERATE INCOME HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS. 11 10 0 13 -6288 8160000 550000 202884 268772 -2455500 0 -7791 -6288 5899593 812484 0 0 38087 45497 0 0 188784 471181 226871 516678 5672722 295806 9944286 9537099 1873664 1170671 8070622 8366428 SUPPORT JOB CREATION AND ECONOMIC GROWTH BY PROVIDING COMMUNITY BASED LENDING AND INVESTMENT WHILE FOSTERING THE CREATION AND PRESERVATION OF LOW AND MODERATE INCOME HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS. false false 487340 818772 PROMOTED THE PURPOSE OF THE ORGANIZATION TO RECRUIT MEMBERS WHO ARE COMMITTED TO THE ORGANIZATION'S MISSION AND ADMINISTERED LENDING ACTIVITIES INCLUDING ORIGINATING AND SERVICING LOANS 487340 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 1 0 true 0 false false false false false false false 0 false false false false false false false X 11 10 false true false false false false false true true false false true true true true true true false false false IL CINDY BERG 3097946711 100 19TH STREET SUITE 104 ROCK ISLAND IL 61201 X KEVIN SCHOONMAKER Chairman 0.00 0.00 X X 0 0 0 DAN BLOCHER Vice President 0.00 0.00 X X 0 0 0 DIRK MEMINGER Secretary 0.00 0.00 X X 0 0 0 MATT WYNN Treasurer 0.00 0.00 X X 0 0 0 CHUCK SORENSEN Trustee 0.00 0.00 X 0 0 0 JEFF BRUMMEL Trustee 0.00 0.00 X 0 0 0 LIZ MURRAY TALLMAN Trustee 0.00 0.00 X 0 0 0 NATHAN BILLANY Trustee 0.00 0.00 X 0 0 0 DR AHMED OKBA Trustee 0.00 0.00 X 0 0 0 EILEEN ROETHLER Trustee 0.00 0.00 X 0 0 0 BRIAN HOLLENBACK Executive Dir. 0.00 0.00 X 0 0 0 0 false false false 0 550000 550000 INTEREST INCOME - CASH 1375 1375 INTEREST INCOME - LOANS 258473 258473 LOAN FEE REVENUE 7500 7500 MISC INCOME 1424 1424 268772 0 0 0 13320 19608 -6288 -6288 -6288 0 0 0 0 0 812484 268772 -6288 0 0 0 0 0 0 37047 37047 0 8450 8450 0 18000 9000 9000 0 0 0 0 0 14740 4919 9821 5319 5319 4225 4225 0 0 12504 12504 0 0 0 76851 76851 0 0 4445 4445 PROVISION FOR OTHER LOSS 305020 305020 TELEPHONE/INTERNET 21175 21175 MEETINGS AND PROF DEVELOPMENT 4550 4550 DUES AND SUBSCIRPTIONS 2830 2830 1522 1522 516678 487340 29338 0 958868 578531 0 0 3175 3210 0 0 8874837 8578011 0 4169 279731 156693 59107 103186 97586 0 0 0 0 51 30 9944286 9537099 38610 21576 1833994 1148035 1060 1060 1873664 1170671 X 8070622 8366428 8070622 8366428 9944286 9537099 295806 X true X true X true false X 227500 518413 838791 8160000 550000 10294704 0 7100 6850 7331 12200 13320 46801 0 0 234600 525263 846122 8172200 563320 10341505 0 0 10341505 101771 80550 55104 202884 268772 709081 0 101771 80550 55104 202884 268772 709081 0 0 336371 605813 901226 8375084 832092 11050586 0.93580 0.95430 0.06420 0.04570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 150000 52414 97586 6693 6693 97586 TENANT SECURITY DEPOSITS 1060 1060 X 812484 812484 812484 516678 516678 516678 Part X : FIN48 Footnote THE ORGANIZATION HAS RECEIVED NOTIFICATION THAT IT QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501 (C) (3) OF THE U.S. INTERNAL REVENUE CODE AND THE CORRESPONDING PROVISIONS OF ILLINOIS LAW AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. AS OF DECEMBER 31, 2025, MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS AND RELATED TAX BENEFITS WHICH WOULD BE MATERIAL TO THE ORGANIZATION. BRIAN HOLLENBACK EXEC. DIRECTOR LOAN-SEE PART V false Schedule L, Part V Supplemental Information PART IV (1) - BRIAN HOLLENBACK IS THE PRESIDENT OF ROCK ISLAND ECONOMIC GROWTH CORPORATION. BRIDGE INVESTMENT COMMUNITY DEVELOPMENT COPORATION LOANED ROCK ISLAND ECONOMIC GROWTH COPRORATION A TOTAL OF $1,124,730. THESE LOANS WERE REVIEWED AND APPROVED BY BRIDGE INVESTMENT CDC'S LOAN COMMITTEE WHICH IS ENTIRELY INDEPENDENT OF ROCK ISLAND ECONOMIC GROWTH CORPORATION AND INCLUDE FEES AND/OR INTEREST RATES COMPARABLE TO OTHER LOANS. Form 990, Part VI, Section B, Line 11b A PRELIMINARY DRAFT OF THE FORM 990 IS PROVIDED TO THE APPROPRIATE BOARD/COMMITTEE MEMBERS FOR APPROVAL BEFORE IT IS FINALIZED FOR SIGNATURE. Form 990, Part VI, Section C, Line 19 FILES ARE MAINTAINED IN THE ORGANIZATION'S OFFICE AND UPON REQUEST DESIGNATED PERSONS ARE NOTIFIED TO PROVIDE COPIES TO REQUESTOR. FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING OF CONFLICTS THE BOARD ANNUALLY REVIEWS CONFLICT OF INTEREST STATEMENTS; ANY CHANGES ARE REQUIRED TO BE PROMPTLY DISCLOSED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 3 - DESCRIPTION OF DELEGATED DUTIES TO MGMT CO BRIDGE INVESTMENT COMMUNITY DEVELOPMENT HAS DELEGATED DAY TO DAY MANAGEMENT OF THE ORGANIZATION TO ROCK ISLAND ECONOMIC GROWTH CORPORATION UNDER A WRITTEN MANAGEMENT SERVICES AGREEMENT. THE MANAGEMENT SERVICES AGREEMENT IS DATED JANUARY 2, 2022 AND RENEWS ANNUALLY UNTIL NOTICE IS GIVEN BY EITHER PARTY.