Nonprofit · EIN 35-1534667
BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · BLOOMINGTON, IN 47404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $588,758 | $582,813 | $5,945 | $628,352 | $171,805 | $456,547 |
| December 31, 2023 | 990 | $563,283 | $583,962 | -$20,679 | $629,534 | $178,932 | $450,602 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $235,171
- of which government grants
- $83,250
- Program service revenue
- $345,281
- Investment income
- $8,145
- Other revenue
- $161
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $132,808
- Other salaries and wages
- $212,695
- Salaries, compensation and benefits (total)
- $389,729
- Professional fundraising fees
- $0
- Accounting fees
- $21,749
- Occupancy
- $27,400
- Travel
- $4,767
Balance sheet and other
- Total assets, start of year
- $629,534
- Total assets, end of year
- $628,352
- Total liabilities, end of year
- $171,805
- Net assets, end of year
- $456,547
- Net assets without donor restrictions
- $456,547
- Gross receipts
- $588,758
- Employees
- 4
- Volunteers
- 63
- Year formed
- 1984
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER PEARL | PRESIDENT Officer | 40 | $123,751 | $9,057 |
| TYCE CARMICHAEL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| VALERIE PENA | 1ST VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PAUL QUICK | 2ND VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN GERNAND | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RON WALKER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SARAH ROGERS | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JODY MADERIA | EX-OFFICIO Trustee or director | 1 | $0 | $0 |
| JENNIFER CROSSLEY | EX-OFFICIO Trustee or director | 1 | $0 | $0 |
| KERRY THOMSON | EX-OFFICIO Trustee or director | 1 | $0 | $0 |
| JANE KUPERSMITH | EX-OFFICIO/DIRECTOR Trustee or director | 1 | $0 | $0 |
| ISAK ASARE | EX-OFFICIO Trustee or director | 1 | $0 | $0 |
| MICHAEL FARMER | EX-OFFICIO/DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM ELLIS | EX-OFFICIO Trustee or director | 1 | $0 | $0 |
| DON WEILER | DIRECTOR Trustee or director | 1 | $0 | $0 |
39 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT COLGLAZIER | DIRECTOR Trustee or director | 1 | $0 |
| KRISTEN WEIDIA | DIRECTOR Trustee or director | 1 | $0 |
| MARTIE VANDEVENTER | DIRECTOR Trustee or director | 1 | $0 |
| MIKE CASSIDY | DIRECTOR Trustee or director | 1 | $0 |
| KRYSTAL KENNEDY | DIRECTOR Trustee or director | 1 | $0 |
| ANNIE HAMILTON | DIRECTOR Trustee or director | 1 | $0 |
| MATT KELLEY | DIRECTOR Trustee or director | 1 | $0 |
| DAVID HAYS | DIRECTOR Trustee or director | 1 | $0 |
| DAN PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| MISTY MCCAMMACK | DIRECTOR Trustee or director | 1 | $0 |
| TIM WHICKER | DIRECTOR Trustee or director | 1 | $0 |
| STEVE BISHOP | DIRECTOR Trustee or director | 1 | $0 |
| RAVI BHATT | DIRECTOR Trustee or director | 1 | $0 |
| ERIC SPOONMORE | DIRECTOR Trustee or director | 1 | $0 |
| MIKE SORRELLS | DIRECTOR Trustee or director | 1 | $0 |
| MIKE HAYES | DIRECTOR Trustee or director | 1 | $0 |
| DAVE CONNER | DIRECTOR Trustee or director | 1 | $0 |
| HAROLD GUTZWILLER | DIRECTOR Trustee or director | 1 | $0 |
| COLE WATSON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN HURLOW | DIRECTOR Trustee or director | 1 | $0 |
| EVAN GADY | DIRECTOR Trustee or director | 1 | $0 |
| LUKE OWINGS | DIRECTOR Trustee or director | 1 | $0 |
| ERIK COYNE | DIRECTOR Trustee or director | 1 | $0 |
| CARLOS LAVERTY | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT SHISHMAN | DIRECTOR Trustee or director | 1 | $0 |
| JULIE ADAMS | DIRECTOR Trustee or director | 1 | $0 |
| BOB TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| JERRY SANDERS | DIRECTOR Trustee or director | 1 | $0 |
| JIM REGESTER | DIRECTOR Trustee or director | 1 | $0 |
| TINA PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| JERRY NEELY | DIRECTOR Trustee or director | 1 | $0 |
| DUANE WILLOUGHBY | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER KELLEY | DIRECTOR Trustee or director | 1 | $0 |
| JOHNNY LINDSEY | DIRECTOR Trustee or director | 1 | $0 |
| RANDY ROGERS | DIRECTOR Trustee or director | 1 | $0 |
| JUSTIN HELMER | DIRECTOR Trustee or director | 1 | $0 |
| MIKE MCAFEE | DIRECTOR Trustee or director | 1 | $0 |
| LEE CARMICHAEL | DIRECTOR Trustee or director | 1 | $0 |
| ROB KING | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 60 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER PEARL | PRESIDENT Officer | 40 | $118,801 | $9,176 |
| CINDY KINNARNEY | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN GERNAND | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAUL QUICK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TYCE CARMICHAEL | 1ST VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| VALERIE PENA | 2ND VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SARAH ROGERS | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEVE ABBOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAVI BHATT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE BRODIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE BRYANT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATT COLGLAZIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE CONNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIK COYNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SPENCER DEPOY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE DIRK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL FARMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EVAN GADY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLOS GAITANI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM GROSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HAROLD GUTZWILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNIE HAMILTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN HAMILTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID HAYS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN HURLOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATT KELLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER KELLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRYSTAL KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROB KING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATHAN KUNKLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLOS LAVERTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHNNY LINDSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE MCAFEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MISTY MCCAMMACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEOFF MCKIM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JARRETT MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY NEELY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUKE OWINGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANGELA PARKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MO PERAZA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM REGESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDY ROGERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY SANDERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUE SGAMBELLURI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT SHISHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC SPOONMORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES TANNEBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOB TAYLOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARYANN VALENTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTIE VANDEVENTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLE WATSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTEN WEIDA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON WEILER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM WHICKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF HAUSWALD | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1720 N KINSER PIKE STE 001, BLOOMINGTON, IN 47404-2210
- In care of
- % MARILYN SKIRVIN
- Principal officer (990 for 2024)
- JENNIFER PEARL, 1720 N KINSER PIKE 001, BLOOMINGTON, IN 474042210
- Signed the 990
- JENNIFER PEARL, PRESIDENT
- Phone
- (812) 335-7346
- Website
- WWW.BLOOMINGTONEDC.COM
- Return prepared by
- SPONSEL CPA GROUP LLC
Mission
THE ORGANIZATION PROVIDES LEADERSHIP ON ISSUES THAT AFFECT BUSINESS GROWTH, CHALLENGES TO JOB CREATION AND THE LONG-TERM COMPETITIVENESS OF OUR ECONOMY. IT FACILITATES RETENTION AND EXPANSION OF PRIMARY EMPLOYERS AND KEY INDUSTRIES, AND IT DRIVES (CONTINUED ON SCH. O) THE DEVELOPMENT AND ATTRACTION OF TARGETED BUSINESSES IN THE COMMUNITY.
Program accomplishments
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1534667
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $628,352
- Income (IRS master file)
- $588,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $588,758 | $582,813 | $628,352 | XML |
| 990 | December 2023 | $563,283 | $583,962 | $629,534 | XML |
| 990 | December 2022 | $590,621 | $556,710 | $637,286 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1534667).
Questions about BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION is 35-1534667.
- Is BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
- Are donations to BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names JENNIFER PEARL.
- Who are the officers and directors of BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 54 people; 1 received compensation from the organization, the highest $123,751 (JENNIFER PEARL, PRESIDENT).
- How much revenue does BLOOMINGTON ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $588,758, expenses of $582,813 and total assets of $628,352 at year end.
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