Form 990 for tax year 2024
Filed by BLOOMINGTON URBAN ENTERPRISE ASSOCIATION INC.
Totals
- Total revenue
- $205,462
- Total expenses
- $252,654
- Contributions and grants received
- $102,470
- Grants paid
- $201,838
- Program service revenue
- $1,926
- Investment income
- $101,066
- Other revenue
- $0
- Total assets, end of year
- $3,022,384
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,022,384
- Program services expenses (Part IX)
- $201,838
- Management and general expenses
- $50,816
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $201,838
Program services were 79.9% 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.
-
1f · All other contributions, gifts and grants
$102,470
-
2a · Program service revenue: BUSINESS ZONE LOAN INTEREST
total $1,789 · related or exempt $1,789
-
2b · Program service revenue: LATE FEES - ZONE LOANS
total $137 · related or exempt $137
-
3 · Investment income
total $101,066 · related or exempt $101,066
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $191,293 · program services $191,293
-
3 · Grants to foreign organizations and individuals
total $10,545 · program services $10,545
-
11a · Fees: management
total $47,500 · management and general $47,500
-
23 · Insurance
total $3,246 · management and general $3,246
-
24a · Other expenses: BANK SERVICE CHARGES
total $70 · management and general $70
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year -$21,763 · end of year -$58,355
-
2 · Savings and temporary cash investments
beginning of year $2,902,593 · end of year $2,937,704
-
7 · Other notes and loans receivable
beginning of year $188,746 · end of year $143,035
-
27 · Net assets without donor restrictions
beginning of year $3,069,576 · end of year $3,022,384
Mission and programs · 2024
Mission
A PUBLIC BENEFIT CORPORATION ESTABLISHED TO PROMOTE & IMPROVE ECONOMIC, PHYSICAL, & SOCIAL ENVIRONMENT OF THE BUEA BUSINESS ZONE.
-
COMMUNITY DEVELOPMENT - PROVIDE SCHOLARSHIPS & COUNSELING TO ENTERPRISE ZONE
Expenses $145,507 · Grants $145,507
-
BUSINESS DEVELOPMENT - IMPROVE FACADES OF BUSINESSES THROUGHOUT THE ENTERPRISE ZONE REISDENTS
Expenses $56,331 · Grants $56,331
-
BUSINESS DEVELOPMENT - IMPROVE BUSINESSES THROUGHOUT THE ENTERPIRSE ZONE
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Philip AmersonPHILIP AMERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Chris CockerhamCHRIS COCKERHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Virginia GithririVIRGINIA GITHRIRI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Michael HoverMICHAEL HOVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Jane KupersmithJANE KUPERSMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Mary MorganMARY MORGAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Heather RobinsonHEATHER ROBINSON
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Andrea De La RosaANDREA DE LA ROSA
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 1
-
Kate RosenbergerKATE ROSENBERGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Felisa SpinelliFELISA SPINELLI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
Cheryl GillilandCHERYL GILLILAND
TREASURER
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
MONROE COUNTY COMMUNITY SCHOOL CORP
$50,000
ASSISTANCE
-
KILN COLLECTIVE
$20,000
ASSISTANCE
-
FOX PROPERTY & DEVELOPMENT
$20,000
ASSISTANCE
-
SECOND BAPTIST CHURCH
$20,000
ASSISTANCE
-
AMETHYST HOUSE
$15,000
ASSISTANCE
-
BTOWN BEAUTY SUPPLY & SALON
$10,012
ASSISTANCE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202503119349304700
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.