West Bloomington Revitalization Project Corporation
- Assets
- $288.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 04/2011
- Data as of
- 12/2021
- EIN
- 27-2076319
Organization Overview
West Bloomington Revitalization Project Corporation is located in Bloomington, IL. The organization was established in 2011. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Bloomington Revitalization Project Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, West Bloomington Revitalization Project Corporation generated $185.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $133.3k during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING HELP AND ASSISTANCE TO WEST BLOOMINGTON, IL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Bosquez Director | 1 | $0 | |
Bruce Clark Secretary | 5 | $0 | |
Emily Petri Director | 1 | $0 | |
Nikita Richards Director | 1 | $0 | |
Kathy Sawyer Director | 1 | $0 | |
Karen Schmidt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,374 |
| Total Program Service Revenue | $567 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35,179 |
| Total Revenue | $185,120 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,203 |
| Professional fees and other payments to independent contractors | $3,050 |
| Occupancy, rent, utilities, and maintenance | $16,185 |
| Printing, publications, postage, and shipping | $357 |
| Other expenses | $89,492 |
| Total expenses | $133,287 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,710 |
| Other assets | $0 |
| Total assets | $288,929 |
| Total liabilities | $86,897 |
| Net assets or fund balances | $202,032 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that West Bloomington Revitalization Project Corporation has recieved totaling $25,822.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $20,107 |
Illinois Prairie Community Foundation Inc Bloomington, IL PURPOSE: CHARITABLE PURPOSES | $5,598 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
16 Tech Community Corporation Indianapolis, IN | $90,414,871 | $43,820,376 |
Chicago Convention & Tourism Bureau Inc Chicago, IL | $13,640,210 | $19,015,508 |
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
Vocational Development Center Inc Council Bluffs, IA | $12,984,673 | $16,204,305 |
Southern Iowa Economic Development Association Ottumwa, IA | $4,848,905 | $15,262,424 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |