Cirbn Llc is located in Bloomington, IL. The organization was established in 2014. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cirbn Llc 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 12/2023, Cirbn Llc generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SEAMLESS INTERNET AND INTRANET SERVICES TO K-12 SCHOOL DISTRICTS, HEALTHCARE ORGANIZATIONS, PUBLIC SAFETY, GOVERNMENT, COMMERCIAL AND NOT-FOR-PROFIT ORGANIZATIONS. TO MAINTAIN AND OVERSEE A NETWORK PROVIDING HIGH-SPEED LOW-COST INTERNET CONNECTIVITY TO COMMUNITIES THROUGHOUT CENTRAL ILLINOIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SEAMLESS INTERNET AND INTRANET SERVICES TO K-12 SCHOOL DISTRICTS, HEALTHCARE ORGANIZATIONS, PUBLIC SAFETY, GOVERNMENT, COMMERCIAL AND NOT-FOR-PROFIT ORGANIZATIONS. OVERSEE AND MAINTAIN A NETWORK PROVIDING HIGH-SPEED, LOW-COST INTERNET CONNECTIVITY TO COMMUNITIES AND COUNTIES THROUGHOUT CENTRAL ILLINOIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Gleason - Bloomington President | OfficerTrustee | 1 | $0 |
Pamela Reece - Normal Vice-President | OfficerTrustee | 0.5 | $0 |
Jim Woolford - City Of Pontiac Secretary-Treasurer | OfficerTrustee | 0.5 | $0 |
Doug Schnittker - Isu Director (beg 12/23) | Trustee | 1 | $0 |
Keith Cornille - Hcc Director (beg 11/23) | Trustee | 1 | $0 |
Letisha Trepac - Hcc Secretary (thru 7/23) | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dcxl Inc Contracted Employees | 12/30/21 | $413,916 |
Custom Underground Inc Underground Boring | 12/30/21 | $222,784 |
Cyber Dominion Inc Technology Consulting | 12/30/21 | $178,223 |
Leggett Fiber Consulting Lp Consulting | 12/30/21 | $127,300 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,120,791 |
Investment income | $8,175 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,128,966 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,753 |
Fees for services: Accounting | $19,128 |
Fees for services: Lobbying | $496 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $492,809 |
Advertising and promotion | $19,664 |
Office expenses | $25,405 |
Information technology | $11,839 |
Royalties | $0 |
Occupancy | $15,729 |
Travel | $7,669 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $870,824 |
Insurance | $52,711 |
All other expenses | $2,298 |
Total functional expenses | $2,681,050 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $595,379 |
Savings and temporary cash investments | $320,580 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $54,362 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $281,981 |
Net Land, buildings, and equipment | $7,374,916 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $159,797 |
Total assets | $8,787,015 |
Accounts payable and accrued expenses | $50,463 |
Grants payable | $0 |
Deferred revenue | $337,746 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $159,797 |
Total liabilities | $548,006 |
Net assets without donor restrictions | $4,588,074 |
Net assets with donor restrictions | $3,650,935 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $8,787,015 |