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Filing year 2024

BLOOMINGTON ECONOMIC DEVELOPMENT CORP

Bloomington, Indiana·EIN 35-1534667·501(c)(6)
Total revenue
$589k
Total assets
$628k
Total expenses
$583k
Reported officers
54
Mission

THE ORGANIZATION PROVIDES LEADERSHIP ON ISSUES THAT AFFECT BUSINESS GROWTH, CHALLENGES TO JOB CREATION AND THE LONG-TERM COMPETITIVENESS OF OUR ECONOMY. IT FACILITATES RETENTION AND EXPANSION OF PRIMARY EMPLOYERS AND KEY INDUSTRIES, AND IT DRIVES (CONTINUED ON SCH. O) THE DEVELOPMENT AND ATTRACTION OF TARGETED BUSINESSES IN THE COMMUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Median to 75th percentile
$133k

Plus 53 unpaid individuals.

Up 4%
from 2023

From $128k in 2023 to $133k in 2024.

$128k
2023
$133k
2024
Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 5%.

$128k in 2023 to $133k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BLOOMINGTON ECONOMIC DEVELOPMENT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$563k
$584k
2023
$589k
$583k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BLOOMINGTON ECONOMIC DEVELOPMENT CORP

What does the Chief Executive Officer of BLOOMINGTON ECONOMIC DEVELOPMENT CORP earn?

In 2024, the Chief Executive Officer of BLOOMINGTON ECONOMIC DEVELOPMENT CORP received $132,808 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BLOOMINGTON ECONOMIC DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at BLOOMINGTON ECONOMIC DEVELOPMENT CORP falls between the median and the 75th percentile.

What are BLOOMINGTON ECONOMIC DEVELOPMENT CORP's revenue and expenses?

In 2024, BLOOMINGTON ECONOMIC DEVELOPMENT CORP reported $589k in total revenue and $583k in total expenses on its IRS Form 990.

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