Nonprofit · EIN 47-1937546
BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · ROCK ISLAND, IL 61201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $812,484 | $516,678 | $295,806 | $9,537,099 | $1,170,671 | $8,366,428 |
| December 31, 2024 | 990 | $5,899,593 | $226,871 | $5,672,722 | $9,944,286 | $1,873,664 | $8,070,622 |
| December 31, 2023 | 990 | $931,765 | $207,870 | $723,895 | $3,443,286 | $1,045,386 | $2,397,900 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $550,000
- of which government grants
- $550,000
- Program service revenue
- $268,772
- Investment income
- $0
- Net rental income
- -$6,288
- Other revenue
- -$6,288
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $37,047
- Salaries, compensation and benefits (total)
- $45,497
- Professional fundraising fees
- $0
- Occupancy
- $12,504
- Program services (functional)
- $487,340
- Management and general (functional)
- $29,338
Balance sheet and other
- Total assets, start of year
- $9,944,286
- Total assets, end of year
- $9,537,099
- Total liabilities, end of year
- $1,170,671
- Net assets, end of year
- $8,366,428
- Land, buildings and equipment
- $97,586
- Net assets without donor restrictions
- $8,366,428
- Gross unrelated business income
- -$6,288
- Gross receipts
- $832,092
- Employees
- 0
- Volunteers
- 13
- Year formed
- 2014
- State of legal domicile
- IL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SCHOONMAKER | Chairman Trustee or director, Officer | 0 | $0 |
| DAN BLOCHER | Vice President Trustee or director, Officer | 0 | $0 |
| DIRK MEMINGER | Secretary Trustee or director, Officer | 0 | $0 |
| MATT WYNN | Treasurer Trustee or director, Officer | 0 | $0 |
| CHUCK SORENSEN | Trustee Trustee or director | 0 | $0 |
| JEFF BRUMMEL | Trustee Trustee or director | 0 | $0 |
| LIZ MURRAY TALLMAN | Trustee Trustee or director | 0 | $0 |
| NATHAN BILLANY | Trustee Trustee or director | 0 | $0 |
| DR AHMED OKBA | Trustee Trustee or director | 0 | $0 |
| EILEEN ROETHLER | Trustee Trustee or director | 0 | $0 |
| BRIAN HOLLENBACK | Executive Dir. Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SCHOONMAKER | Chairman Trustee or director, Officer | 0 | $0 |
| DAN BLOCHER | Vice President Trustee or director, Officer | 0 | $0 |
| DIRK MEMINGER | Secretary Trustee or director, Officer | 0 | $0 |
| MATT WYNN | Treasurer Trustee or director, Officer | 0 | $0 |
| CHUCK SORENSEN | Trustee Trustee or director | 0 | $0 |
| SAMEER KULKARNI | Trustee Trustee or director | 0 | $0 |
| LIZ MURRAY TALLMAN | Trustee Trustee or director | 0 | $0 |
| KAREN REYNOLDS | Trustee Trustee or director | 0 | $0 |
| RIC PARADES | Trustee Trustee or director | 0 | $0 |
| DR AHMED OKBA | Trustee Trustee or director | 0 | $0 |
| EILEEN ROETHLER | Trustee Trustee or director | 0 | $0 |
| JOHN DALY | Trustee Trustee or director | 0 | $0 |
| JUSTIN PETERSON | Trustee Trustee or director | 0 | $0 |
| BRIAN HOLLENBACK | Executive Dir. Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAMEER KULKARNI | Director Trustee or director | 0 | $0 |
| DAN BLOCHER | Director Trustee or director | 0 | $0 |
| BRIAN HOLLENBACK | Executive Dir. Trustee or director, Officer | 0 | $0 |
| KAREN REYNOLDS | Director Trustee or director | 0 | $0 |
| MARCUS WYNN | Director Trustee or director | 0 | $0 |
| CHUCK SORENSEN | Director Trustee or director | 0 | $0 |
| JOHN DALY | Director Trustee or director | 0 | $0 |
| JUSTIN PETERSON | Director Trustee or director | 0 | $0 |
| MATT WYNN | Treasurer Trustee or director, Officer | 0 | $0 |
| FRANK NOWINSKI | Director Trustee or director | 0 | $0 |
| DIRK MEMINGER | Secretary Trustee or director, Officer | 0 | $0 |
| KEVIN SCHOONMAKER | Chairman Trustee or director, Officer | 0 | $0 |
| RIC PARADES | Director Trustee or director | 0 | $0 |
| DR AHMED OKBA | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 19TH ST STE 104, ROCK ISLAND, IL 61201-8022
- In care of
- % BRIAN HOLLENBACK
- Mailing address (990-N for 2014)
- 100 19 Street Ste 109, Moline IL 61201
- Principal officer (990 for 2025)
- KEVIN SCHOONMAKER, 100 19TH STREET SUITE 104, ROCK ISLAND, IL 61201
- Signed the 990
- KEVIN SCHOONMAKER, Chairman
- Phone
- (309) 794-6711
- Website
- WWW.BRIDGEINVESTMENTCDC.ORG
- Return prepared by
- Timmer And Associates CPA PC
Mission
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.
Program accomplishments
- 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 LOANSExpenses $487,340 · revenue $818,772
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 | 990 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
- 47-1937546
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $9,537,099
- Income (IRS master file)
- $832,092
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $812,484 | $516,678 | $9,537,099 | XML |
| 990 | December 2024 | $5,899,593 | $226,871 | $9,944,286 | XML |
| 990 | December 2023 | $931,765 | $207,870 | $3,443,286 | XML |
| 990 | December 2022 | $590,634 | $142,140 | $3,078,238 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-1937546).
Questions about BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION is 47-1937546.
- Is BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRIDGE INVESTMENT COMMUNITY 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 BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names KEVIN SCHOONMAKER.
- Who are the officers and directors of BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does BRIDGE INVESTMENT COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $812,484, expenses of $516,678 and total assets of $9,537,099 at year end.
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