Bloomington Economic Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351534667 ✦ Bloomington, IN ✦ Designated as a 501(c)(6)

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Overview

What is Bloomington Economic Development Corp?

Bloomington Economic Development Corp serves as a vital catalyst in Monroe County, promoting business growth and job creation. This nonprofit organization, located at 1720 N Kinser Pike, Bloomington, IN, plays a significant role in attracting new businesses and supporting the expansion of existing ones. Acting as an intermediary between local businesses and state and federal economic development assistance programs, they provide leadership on issues that impact the competitiveness of the local economy. The organization also supports entrepreneurship and innovation, contributing to the creation of jobs within the community. With a team of five dedicated individuals, Bloomington Economic Development Corp is committed to fostering a thriving, competitive business environment in Monroe County.


Official website here: www.bloomingtonedc.com

Is Bloomington Economic Development Corp legitimate?

Bloomington Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bloomington Economic Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $121,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,101

For more financial information, click here


Official website here: www.bloomingtonedc.com

What is the mission statement of Bloomington Economic Development Corp?

The Bloomington Economic Development Corp serves as a catalyst for fostering quality job retention, development, and attraction in its respective economic sector. The organization provides leadership on issues impacting business growth and job creation, with a focus on enhancing the long-term competitiveness of the local economy. It facilitates the retention and expansion of primary employers and key industries, and actively works towards the development and attraction of targeted businesses in the community. The Bloomington Economic Development Corp acts as an intermediary between local businesses and state and federal economic development assistance programs, providing support for entrepreneurship and innovation to drive job creation.


Official website here: www.bloomingtonedc.com

Who is the CEO of Bloomington Economic Development Corp?

Jennifer Pearl is the Chair of Bloomington Economic Development Corp.


Official website here: www.bloomingtonedc.com

What is the revenue of Bloomington Economic Development Corp?

Bloomington Economic Development Corp's revenue in 2022 was $590,621.


Official website here: www.bloomingtonedc.com

Who are the executives of Bloomington Economic Development Corp and what are their salaries?

The average compensation at Bloomington Economic Development Corp during 2022 was $60,486. There are 5 employees and 61 volunteers at Bloomington Economic Development Corp.


Here are 62 key members and their salaries:


Sarah Rogers (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Conner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Pena (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Kinnarney (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyce Carmichael (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Figg (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Colglaizer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Weida (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Whitlatch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Abbott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krystal Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Gildea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hays (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Misty Mccammack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Owings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Conway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Whicker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Dirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ravi Bhatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gernand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Mccreery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Spoonmoore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Gutzwiller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Brodin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cole Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hurlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Shockney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Coyne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Githens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jeff Hauswald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Mckim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Shishman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hays (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Regester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Neely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darby Mccarty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Tanneberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jefferson Shreve (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Giddens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Lindsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Farmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Bertels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Gaitani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Helmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mcafee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Carmichael (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Pearl (President)
  • Compensation: $112,361
  • Related: $0
  • Other: $8,965


Official website here: www.bloomingtonedc.com

Where can I find the form 990 for Bloomington Economic Development Corp?

Bloomington Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bloomingtonedc.com

Learn more at the official website: www.bloomingtonedc.com

Mission Statement of Bloomington Economic Development Corp

Bloomington Economic Development Corp serves as a catalyst for the retention, development, and attraction of quality jobs in its respective region. The organization's mission is to provide leadership on issues that impact business growth, challenge job creation, and influence the long-term competitiveness of the local economy. Bloomington Economic Development Corp facilitates the retention and expansion of primary employers and key industries, and drives the development and attraction of targeted businesses within the community.

In addition, Bloomington Economic Development Corp acts as an intermediary between local businesses and state and federal economic development assistance programs. The organization provides support to entrepreneurs and fosters innovation to stimulate the creation of new jobs. By recruiting new businesses and facilitating the expansion of existing ones, Bloomington Economic Development Corp plays a crucial role in driving economic growth and job creation in its community.

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Impact



October, 2024

The Bloomington Economic Development Corp plays a crucial role in enhancing the economic landscape of Monroe County by focusing on the retention, development, and attraction of quality jobs. By actively recruiting new business ventures and supporting the expansion of existing companies, it serves as a vital connector between local businesses and state and federal economic development resources.

The organization takes the lead on pressing issues that influence business growth and job creation, helping to ensure the long-term competitiveness of the local economy. Additionally, it fosters entrepreneurship and innovation, key components for generating new job opportunities and enhancing the community’s economic vitality. Through its initiatives, the Bloomington Economic Development Corp significantly contributes to the overall improvement of the local economy, making it a valuable asset to Bloomington and its surrounding area.



This information is meant to be a general summary of Bloomington Economic Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$590,621 (2022)
Expenses
$556,710 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,342
  • Program Service Revenue: $347,656
  • Gross Receipts: $590,621

Assets and Liabilities:

  • Total Assets: $637,286
  • Total Liabilities: $166,005
  • Net Assets: $471,281

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$347,656

Organization Details

Founding Year

1984

Phone

(812) 335-7346

Principal Officer

Jennifer Pearl

Main Address

1720 N KINSER PIKE 001, BLOOMINGTON, IN, 474042210

Website

www.bloomingtonedc.com

NTEE Category

Code: S40 - Community improvement

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