Small Public Charity

COMMUNITY DEVELOPMENT CORPORATION OF THE BLOOMINGTON-NORMAL AREA

COMMUNITY DEVELOPMENT CORPORATION OF THE BLOOMINGTON-NORMAL AREA is a nonprofit organization categorized as Small Public Charity based in NORMAL, IL. Its most recent IRS filing (2024) reports revenue of $140K, expenses of $147K, total assets of $38K. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $42K.

EIN: 261436471 NORMAL, IL Latest filing: 2024
Total Revenue$140K
Total Expenses$147K
Total Assets$38K
Grant Records2
Funding Total$42K
Filing Years2019–2024

Mission

THE CDC AIDS THE ECONOMIC DEVELOPMENT COUNCIL OF THE BLOOMINGTON-NORMAL AREA IN PROVIDING ADDITIONAL FUNDING TO PROMOTE ECONOMIC DEVELOPMENT AND PROSPERITY IN THE REGION THROUGH LOCAL GRANTS AND LOANS; THE CDC ALSO PROMOTES STEM EDUCATION IN THE COMMUNITY.

Officers & Directors

BOARD MEMBER Cassy Taylor
CHAIRMAN Doug Roesch
BOARD MEMBER Dustin Knuth
BOARD MEMBER Pam Reece
CEO Patrick Hoban
BOARD MEMBER Russell Edelman

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT EXEMPT MISSION
$42,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $140K $147K $38K
2023 $60K $60K $46K
2022 $60K $60K $46K
2020 $85K $147K $129K
2019 $83K $160K $270K

Between 2019 and 2024, reported annual revenue grew from $83K to $140K (+68%), with total assets most recently reported at $38K.

Interactive year-over-year charts and full filing details available with membership.

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