Nonprofit · EIN 47-4832157
REGIONAL OPPORTUNITY INITIATIVES INC
Tax-exempt · BLOOMINGTON, IN 47404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $14,563,894 | $11,691,107 | $2,872,787 | $9,489,930 | $2,518,517 | $6,971,413 |
| June 30, 2024 | 990 | $16,225,577 | $14,490,931 | $1,734,646 | $4,149,676 | $386,591 | $3,763,085 |
| June 30, 2023 | 990 | $1,135,730 | $8,027,902 | -$6,892,172 | $7,266,785 | $5,212,025 | $2,054,760 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $14,332,521
- of which government grants
- $10,609,927
- Program service revenue
- $50,000
- Investment income
- $181,373
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $68,156
- Compensation of officers, directors and key employees
- $100,970
- Other salaries and wages
- $1,316,455
- Salaries, compensation and benefits (total)
- $1,628,691
- Professional fundraising fees
- $0
- Occupancy
- $37,151
- Travel
- $49,525
- Depreciation
- $19,086
- Program services (functional)
- $10,982,964
- Management and general (functional)
- $619,284
- Fundraising (functional)
- $88,859
Balance sheet and other
- Total assets, start of year
- $4,149,676
- Total assets, end of year
- $9,489,930
- Total liabilities, end of year
- $2,518,517
- Net assets, end of year
- $6,971,413
- Land, buildings and equipment
- $131,042
- Publicly traded securities
- $6,133,464
- Gross receipts
- $14,563,894
- Employees
- 16
- Volunteers
- 20
- Year formed
- 2015
- State of legal domicile
- IN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TINA PETERSON | DIRECTOR Officer | 20 | $88,850 | $95,792 | $6,827 |
| BILL KAISER JR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| BRENDA REETZ | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| BRIAN TRETTER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CHUCK JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DAN PETERSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DAVID JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ELISHA HUDDLESTON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ERIC COYNE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JEFF QUYLE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JIM ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JULIA BUCKLEY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MARK MURPHY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MATT WEINZAPFEL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL HUBER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORIAH SOWDERS | DIRECTOR Trustee or director | 2 | $0 |
| PAM LOUGHMILLER | DIRECTOR Trustee or director | 2 | $0 |
| PATRICK ADAMS | DIRECTOR Trustee or director | 2 | $0 |
| DOUG KELLAMS | CHAIR & TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TINA PETERSON | DIRECTOR Officer | 10 | $0 | $180,065 | $5,402 |
| BILL KAISER JR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| BRENDA REETZ | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CHUCK JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DAN PETERSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DAVID JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JEFF QUYLE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JENNA DIX | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JIM ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MARK DOBBS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MATT WEINZAPFEL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MORIAH SOWDERS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| PAM LOUGHMILLER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DOUG KELLAMS | CHAIR & TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TINA PETERSON | DIRECTOR Officer | 10 | $0 | $168,804 | $5,238 |
| BILL KAISER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| BRENDA REETZ | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| BRYANT NIEHOFF | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CHUCK JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DAVID JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JEFF QUYLE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JENNA DIX | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JENNIFER VAUGHAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JIM ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MARK DODDS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MORIAH SOWDERS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| PAM LOUGHMILLER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ROB MORRIS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DANIEL PETERSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DOUG KELLAMS | CHAIR & TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| MATT WEINZAPFEL | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S COLLEGE AVE STE 240, BLOOMINGTON, IN 47404-5163
- In care of
- % TINA PETERSON- CFBMC
- Principal officer (990 for 2024)
- TINA PETERSON, 100 S COLLEGE AVENUE 240, BLOOMINGTON, IN 47404
- Signed the 990
- TINA PETERSON, CEO
- Phone
- (812) 287-8116
- Website
- HTTPS://SWCINDIANA.ORG
- Return prepared by
- BLUE & CO LLC
Mission
THE MISSION OF THE ORGANIZATION IS TO SUPPORT REGIONAL DEVELOPMENT OPPORTUNITIES IN THE 11 COUNTIES OF SOUTHWEST CENTRAL INDIANA.
Program accomplishments
- THROUGH AN INITIAL GRANT THROUGH LILLY ENDOWMENT INC., THE ORGANIZATION IS IMPLEMENTING AN EDUCATION AND WORKFORCE PLAN AND REGIONAL OPPORTUNITY FUND FOR QUALITY-OF-PLACE INVESTMENTS. THEY ARE DEPLOYING A PLAN FOCUSED ON CONNECTING EDUCATION TO INDUSTRY AND CREATING A LOCAL WORKFORCE THAT IS PREPARED FOR THE DEMANDS OF EMPLOYERS. AS PART OF THIS EFFORT, ROI IS CONDUCTING A COMPREHENSIVE AND ONGOING OCCUPATIONAL NEEDS ASSESSMENT WITHIN THE REGION, INITIALLY FOCUSED ON LIFE SCIENCES, ADVANCED MANUFACTURING AND NATIONAL SECURITY AND DEFENSE SECTORS. THE RESULTS OF THE OCCUPATIONAL NEEDS ASSESSMENT HELPS INFORM A WIDE RANGE OF INITIATIVES AND STRATEGIES THAT ARE DEPLOYED ACROSS THE 11 COUNTY REGION.Expenses $10,982,964 · grants $68,156 · revenue $50,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4832157
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $9,489,930
- Income (IRS master file)
- $14,563,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $14,563,894 | $11,691,107 | $9,489,930 | XML |
| 990 | June 2024 | $16,225,577 | $14,490,931 | $4,149,676 | IRS |
| 990 | June 2023 | $1,135,730 | $8,027,902 | $7,266,785 | XML |
| 990 | June 2022 | $224,895 | $3,062,089 | $9,246,846 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 47-4832157).
Questions about REGIONAL OPPORTUNITY INITIATIVES INC
- What is the EIN of REGIONAL OPPORTUNITY INITIATIVES INC?
- The employer identification number (EIN) of REGIONAL OPPORTUNITY INITIATIVES INC is 47-4832157.
- Is REGIONAL OPPORTUNITY INITIATIVES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to REGIONAL OPPORTUNITY INITIATIVES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does REGIONAL OPPORTUNITY INITIATIVES INC 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 REGIONAL OPPORTUNITY INITIATIVES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REGIONAL OPPORTUNITY INITIATIVES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of REGIONAL OPPORTUNITY INITIATIVES INC?
- The 990 for the year ended June 30, 2025 names TINA PETERSON.
- Who are the officers and directors of REGIONAL OPPORTUNITY INITIATIVES INC?
- The 990 for the year ended June 30, 2025 lists 19 people; 1 received compensation from the organization, the highest $88,850 (TINA PETERSON, DIRECTOR).
- How much revenue does REGIONAL OPPORTUNITY INITIATIVES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $14,563,894, expenses of $11,691,107 and total assets of $9,489,930 at year end.
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All nonprofits in BLOOMINGTON · Indiana · Philanthropy, voluntarism and grantmaking foundations