2025-10-17T15:06:28-05:00 2024-12-31 371122831 STRIEGEL KNOBLOCH & COMPANY LLC 115 W JEFFERSON ST SUITE 200 BLOOMINGTON IL 61701 990 2024-01-01 371169886 ECONOMIC DEVELOPMENT COUNCIL OF THE BLOOMINGTON-NORMAL AREA ECON 3094528437 200 W COLLEGE AVENUE SUITE 402 NORMAL IL 61761 PATRICK HOBAN CEO 3094528437 2025-10-17 1 1 STEPHEN H ARENDT PARTNER P01362067 3098294303 2025-10-17 2024 2025-03-06 01:10:19Z RYAN WHITEHOUSE 200 W COLLEGE AVENUE SUITE 402 NORMAL IL 61761 1070121 0 X WWW.BNBIZ.ORG X 1984 IL TO HELP BUSINESSES AND COMMUNITIES IN THE MCLEAN COUNTY AREA PROSPER BY ATTRACTING NEW BUSINESSES AIDING THE DEVELOPMENT OF EXISTING BUSINESSES WITHIN THE COMMUNITY. THE EDC IS A LEADERSHIP ORGANIZATION, INVESTING IN THE COMMUNITY'S ASSETS TO PROSPER AND IMPROVE THE QUALITY OF LIFE. 15 15 8 0 0 0 563850 741482 167942 326806 1361 -4975 9151 0 742304 1063313 0 0 0 0 609262 661481 0 0 0 447518 613612 1056780 1275093 -314476 -211780 1057647 889820 150741 194694 906906 695126 X TO HELP BUSINESSES AND COMMUNITIES IN TEH MCLEAN COUNTY AREA PROSPER BY ATTRACTING NEW BUSINESSES AIDING THE DEVELOPMENT OF EXISTING BUSINESSES WITHIN THE COMMUNITY. THE EDC IS A LEADERSHIP ORGANIZATION, INVESTING IN THE COMMUNITY'S ASSETS TO PROSPER AND IMPROVE THE QUALITY OF LIFE. 0 0 1021896 319998 ECONOMIC DEVELOPMENT 1021896 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 8 1 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X PATRICK HOBAN 3094528437 200 WEST COLLEGE AVE SUITE 402 NORMAL IL 61761 CHAD FRANKENBERGER BOARD MEMBER 1.00 X 0 0 0 RYAN GAMMELGARD BOARD MEMBER 1.00 X 0 0 0 MEGHAN O'NEAL-ROGOZINSKI BOARD MEMBER 1.00 X 0 0 0 RYAN WHITEHOUSE CHAIR 1.00 X X 0 0 0 DIANE COTE BOARD MEMBER 1.00 X 0 0 0 KEITH CORNILLE BOARD MEMBER 1.00 X 0 0 0 CHRIS KOOS BOARD MEMBER 1.00 X 0 0 0 MBOKA MWILAMBWE BOARD MEMBER 1.00 X 0 0 0 JANICE BONNEVILLE BOARD MEMBER 1.00 X 0 0 0 J PHILLIPS PAST CHAIR 1.00 X X 0 0 0 RODNEY FRANCIS BOARD MEMBER 1.00 X 0 0 0 JOHN PENN BOARD MEMBER 1.00 X 0 0 0 KRISTEN FIRKINS TREASURER 1.00 X X 0 0 0 SETH ZELLER BOARD MEMBER 1.00 X 0 0 0 CATHERINE METSKER BOARD MEMBER 1.00 X 0 0 0 PATRICK HOBAN CEO 40.00 1.00 X 210283 0 25464 210283 0 25464 1 0 1 0 0 741482 8625 741482 ENTERPRIZE ZONE 900099 265318 265318 ECONOMIC DEVELOPMENT 900099 61488 61488 326806 1833 1833 6808 -6808 -6808 -6808 1063313 319998 0 1833 210283 157712 52571 322839 242130 80709 87523 65642 21881 40836 30627 10209 201640 178975 22665 22079 22079 18258 17345 913 3256 2605 651 25539 17877 7662 56971 39880 17091 67489 53991 13498 3831 3065 766 4512 3835 677 ATTRACTION/ RETENTION 201808 201808 DUES & SUBSCRIPTIONS 3625 3081 544 MISCELLANEOUS 2212 1548 664 MAINTENANCE 1395 977 418 997 798 199 1275093 1021896 253197 0 999696 633767 45336 8468 77409 105309 105139 10809 170 38674 133138 1057647 889820 74101 36556 37966 25000 38674 133138 150741 194694 X 906906 695126 906906 695126 1057647 889820 -211780 0 X 0 1 X 1 0 52380 52210 170 52929 52929 0 170 RIGHT-OF-USE ASSETS 133138 133138 LEASE LIABILITIES 133138 133138 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COUNCIL AND THE CORPORATION AND RECOGNIZE A TAX LIABILITY IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE ORGANIZATION IF AN UNCERTAIN TAX POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAXING AUTHORITIES HAS BEEN TAKEN BY EITHER. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY BOTH THE COUNCIL AND THE CORPORATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE ORGANIZATION. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TAX YEARS PRIOR TO 2021 ARE CLOSED. X 0 0 0 PATRICK HOBAN CEO 210283 0 0 0 0 0 0 0 25464 0 235747 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT REGULARLY AND CONSISTENTLY MONITORS AND EFORCES COMPLIANCE WITH ITS COI POLICY FORM 990, PART VI, SECTION B, LINE 15A CEO SALARY IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS' EXECUTIVE COMMITTEE BASED ON COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST COMMUNITY DEVELOPMENT CORPORATION OF THE BLOOMINGTON-NORMAL AREA 200 W COLLEGE AVE NORMAL IL 61761 261436471 ECONOMIC DEVELOPMENT IL 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0