BRIDGE INVESTMENT COMMUNITY DEVELOPMENT

EIN: 471937546 501(c)(3) Community Improvement

ROCK ISLAND, IL

Total Revenue
$931,765
Total Expenses
$207,870
Total Assets
$3,443,286
Net Assets
$2,397,900
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IL
Principal Officer
KEVIN SCHOONMAKER
Phone
3097946711
Tax Period
2023-01-01 to 2023-12-31

BRIDGE INVESTMENT COMMUNITY DEVELOPMENT, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $932K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $724K, a strong 78% operating margin.

Mission

SUPPORT JOB CREATION AND ECONOMIC GROWTH IN LOW AND MODERATE INCOME COMMUNITIES BY PROVIDING COMMUNITY BASED LENDING AND INVESTMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $838,791
Program Service Revenue $98,727
Investment Income $0
Other Revenue $-5,753
TOTAL REVENUE $931,765

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $160,920
Other Expenses $207,870
TOTAL EXPENSES $207,870

Year-over-Year Comparison

2023 2022 Change
Revenue $931,765 $590,634 +0.6%
Expenses $207,870 $142,140 +0.5%
Net Income $723,895 $448,494 +0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAMEER KULKARNI Director 0.00
Director
$0 $0 $0
DAN BLOCHER Director 0.00
Director
$0 $0 $0
BRIAN HOLLENBACK Executive Dir. 0.00
Officer Director
$0 $0 $0
KAREN REYNOLDS Director 0.00
Director
$0 $0 $0
MARCUS WYNN Director 0.00
Director
$0 $0 $0
CHUCK SORENSEN Director 0.00
Director
$0 $0 $0
JOHN DALY Director 0.00
Director
$0 $0 $0
JUSTIN PETERSON Director 0.00
Director
$0 $0 $0
MATT WYNN Treasurer 0.00
Officer Director
$0 $0 $0
FRANK NOWINSKI Director 0.00
Director
$0 $0 $0
DIRK MEMINGER Secretary 0.00
Officer Director
$0 $0 $0
KEVIN SCHOONMAKER Chairman 0.00
Officer Director
$0 $0 $0
RIC PARADES Director 0.00
Director
$0 $0 $0
DR AHMED OKBA Director 0.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $931,765 $207,870 $3,443,286 $723,895
2022 $590,634 $142,140 $3,078,238 $448,494
2021 $289,705 $124,352 $2,654,993 $165,353
2020 $636,620 $285,881 $2,334,604 $350,739
2019 $205,343 $107,314 $2,015,046 $98,029
2018 $272,571 $72,118 $2,058,543 $200,453
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BRIDGE INVESTMENT COMMUNITY DEVELOPMENT with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.