WEST BLOOMINGTON REVITALIZATION PROJECT

EIN: 272076319 501(c)(3) Community Improvement

BLOOMINGTON, IL

Total Revenue
$385,893
Total Expenses
$368,882
Total Assets
$408,847
Net Assets
$355,570
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
NATE EDISON
Phone
3098291200
Tax Period
2025-01-01 to 2025-12-31

WEST BLOOMINGTON REVITALIZATION PROJECT, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $386K in total revenue in fiscal year 2025. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $369K left a modest 4% surplus.

Mission

TO IMPROVE THE QUALITY OF LIFE IN WEST BLOOMINGTON ILLINOIS WITH PROGRAMS AIMED TOWARD REVITALIZING HOMES, STRUCTURES, AND AMENITIES WITH GRANTS, DONATIONS, AND VOLUNTEER LABOR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $332,039
Program Service Revenue $30,888
Investment Income $4,514
Other Revenue $18,452
TOTAL REVENUE $385,893

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,689
Fundraising Expenses $8,129
Program Expenses $325,871
Other Expenses $321,193
TOTAL EXPENSES $368,882

Year-over-Year Comparison

2025 2024 Change
Revenue $385,893 $259,902 +0.5%
Expenses $368,882 $236,390 +0.6%
Net Income $17,011 $23,512 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
3
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$24,514
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KIDD PRESIDENT 5.00
Officer Director
$0 $0 $0
NATE EDISON TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT BOSQUEZ DIRECTOR 1.00
Director
$0 $0 $0
BRE BROWN VICE PRESEDENT 1.00
Officer Director
$0 $0 $0
KAREN SCHMIDT SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID ROEHRIG DIRECTOR 1.00
Director
$0 $0 $0
TYLER FULLER DIRECTOR 1.00
Director
$0 $0 $0
SARAH HURLEY DIRECTOR 1.00
Director
$0 $0 $0
DAN STEADMAN EX-OFFICIO-BIKE CO-OP 1.00
Director
$0 $0 $0
JEFF WOODARD EX-OFFICIO-GARDENS 1.00
Director
$0 $0 $0
MEGHAN REHA DIRECTOR 1.00
Director
$0 $0 $0
CARLTON SLAUGHTER DIRECTOR 1.00
Director
$0 $0 $0
MEGAN DEVLIN DIRECTOR 1.00
Director
$0 $0 $0
AMANDA HUNT BOOK BIKE CO-CHAIR 1.00
Director
$0 $0 $0
MIKE ZENKE OPERATIONS MANAGER 20.00
Officer
$24,514 $0 $24,514
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $385,893 $368,882 $408,847 $17,011
2024 $259,902 $236,390 $394,815 $23,512
2023 $163,875 $125,175 $374,012 $38,700
2022 $231,444 $157,129 $338,259 $74,315
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