Totals
- Total revenue
- $2,176,927
- Total expenses
- $2,463,358
- Contributions and grants received
- $847,275
- Grants paid
- $0
- Program service revenue
- $1,304,868
- Investment income
- $23,882
- Other revenue
- $902
- Total assets, end of year
- $2,741,462
- Total liabilities, end of year
- $3,088,404
- Net assets or fund balances, end of year
- -$346,942
- Program services expenses (Part IX)
- $1,689,743
- Management and general expenses
- $575,533
- Fundraising expenses
- $198,082
- Program service expenses (Part III)
- $1,689,743
Program services were 68.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$660,739
-
1f · All other contributions, gifts and grants
$186,536
-
2a · Program service revenue: Membership
total $468,373 · related or exempt $468,373
-
2b · Program service revenue: Program Management
total $432,575 · related or exempt $432,575
-
2c · Program service revenue: Investment Management
total $254,456 · related or exempt $254,456
-
2d · Program service revenue: Event Space - Non-memb
total $95,391 · excluded $95,391
-
2e · Program service revenue: Sponsorship Income
total $41,600 · related or exempt $41,600
-
2f · All other program service revenue
total $12,473 · related or exempt $12,473
-
3 · Investment income
total $23,882 · excluded $23,882
-
11a · Other revenue: Other
total $902 · related or exempt $902
-
11e · Other revenue, total
$902
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $389,567 · program services $389,567
-
7 · Other salaries and wages
total $863,274 · program services $587,861 · management and general $186,509 · fundraising $88,904
-
9 · Other employee benefits
total $57,332 · program services $49,305 · management and general $4,013 · fundraising $4,014
-
10 · Payroll taxes
total $88,563 · program services $76,164 · management and general $6,199 · fundraising $6,200
-
11f · Fees: investment management
total $3,698 · program services $3,698
-
11g · Fees: other
total $9,133 · program services $8,772 · management and general $361
-
12 · Advertising and promotion
total $66,965 · program services $66,965
-
14 · Information technology
total $100,536 · program services $36,017 · management and general $60,080 · fundraising $4,439
-
16 · Occupancy
total $135,657 · program services $102,082 · management and general $33,575
-
17 · Travel
total $26,544 · program services $7,613 · management and general $14,617 · fundraising $4,314
-
20 · Interest
total $13,326 · management and general $13,326
-
22 · Depreciation, depletion and amortization
total $4,653 · program services $3,722 · management and general $931
-
23 · Insurance
total $11,956 · program services $9,564 · management and general $2,392
-
24a · Other expenses: Professional fees
total $495,111 · program services $247,610 · management and general $157,290 · fundraising $90,211
-
24b · Other expenses: Event expenses
total $44,998 · program services $44,998
-
24c · Other expenses: Repairs & Maintenance
total $42,408 · program services $8,193 · management and general $34,215
-
24d · Other expenses: Training
total $37,588 · program services $253 · management and general $37,335
-
24e · All other expenses
total $72,049 · program services $47,359 · management and general $24,690
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $662,906 · end of year $316,077
-
3 · Pledges and grants receivable
beginning of year $40,022 · end of year $212,631
-
4 · Accounts receivable
beginning of year $60,975 · end of year $100,017
-
9 · Prepaid expenses and deferred charges
beginning of year $9,290 · end of year $3,302
-
10a · Land, buildings and equipment: cost or other basis
$195,419
-
10b · Land, buildings and equipment: accumulated depreciation
$176,095
-
10c · Land, buildings and equipment, net
beginning of year $8,898 · end of year $19,324
-
15 · Other assets
beginning of year $1,405,922 · end of year $2,090,111
-
17 · Accounts payable and accrued expenses
beginning of year $112,995 · end of year $157,462
-
19 · Deferred revenue
beginning of year $15,656 · end of year $61,248
-
21 · Escrow or custodial account liability
beginning of year $667,300 · end of year $705,146
-
23 · Secured mortgages and notes payable
beginning of year $496,350 · end of year $482,289
-
24 · Unsecured notes and loans payable
end of year $100,000
-
25 · Other liabilities
beginning of year $913,098 · end of year $1,582,259
-
27 · Net assets without donor restrictions
beginning of year -$59,875 · end of year -$365,626
-
28 · Net assets with donor restrictions
beginning of year $42,489 · end of year $18,684
Mission and programs · 2024
Mission
The Mill's mission is to build and nurture Bloomington's startup ecosystem. The Mill's vision is to become the center of tech entrepeneurship in Indiana.
-
Operated Cowork Program to support the technology and innovation community by providing workspace, producing events, and developing programming.
Expenses $831,830 · Revenue $537,733
-
Provided Startup Programming including tailored support and programming for startups.
Expenses $581,935 · Revenue $472,646
-
OperatedTrades District Activation Program which provides tailored support and programming for growing companies and the innovation ecosystem.
Expenses $275,978 · Revenue $200,000
As filed on the 2024 return.
Listed in Part VII
-
Karin St John
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Ravi Bhatt
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Cindy Kinnarney
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Beka Mech
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Michelle Cole
Board Member
- Total calculated
- $21,572
- From this org
- $21,572
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $21,572
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $21,572
-
Jeana Finlinson
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Nate Lattimer
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Chelsea Linder
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Donald Lukes
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jen Pearl
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Tina Peterson
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Brooke Pyne
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Rahul Shrivastav
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Eli Serrano
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Ben Swanson
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Kerry Thomson
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Mike Trotzke
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Derek Whitley
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jason Whitney
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Darrian Mikell
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Shaun McDermott
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Drushya Musham
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Erik Coyne
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Pat East
Past Executive Dir.
- Total calculated
- $184,188
- From this org
- $157,668
- From related orgs
- $0
- Other
- $26,520
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,668
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,520
- Filer's total
- $184,188
-
John Fernandez
CEO & Past Senior VP
- Total calculated
- $211,988
- From this org
- $185,468
- From related orgs
- $0
- Other
- $26,520
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,468
- Bonus
- $1,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,520
- Filer's total
- $211,988
-
Anne McCombe
Board Member
- Total calculated
- $22,425
- From this org
- $22,425
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $22,425
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $22,425
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Trade District Community Development LLC
No activity in 2024 · IN · income $0 · assets $0
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202512889349302376
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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