Mclean County Community Compact Inc
- Assets
- $69.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 05/1994
- Data as of
- 12/2023
- EIN
- 37-1319011
Organization Overview
Mclean County Community Compact Inc is located in Bloomington, IL. The organization was established in 1994. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclean County Community Compact Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Mclean County Community Compact Inc generated $9.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $35.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMPACT FOSTERS A COLLABORATIVE PARTNER NETWORK OF STAKEHOLDERS FROM BUSINESS, GOVERNMENT, LABOR, EDUCATION, AND THE COMMUNITY WHO ARE COMMITTED TO THE ECONOMIC DIVERSITY, DEVELOPMENT, AND WELLBEING OF THE REGION. COMPACT AIMS TO: IMPROVE COMMUNICATION AND COORDINATION BETWEEN REGIONAL EMPLOYERS AND EDUCATION AND TRAINING INSTITUTIONS TO BETTER PREPARE FOR THE TALENT AND SKILL NEEDS OF BLOOMINGTON-NORMAL'S FIRMS, ACHIEVE AND SUSTAIN A STRONG BUSINESS-EDUCATION PARTNERSHIP AT THE K-12 LEVEL, AND INCREASE PRIVATE SECTOR PARTICIPATION IN, AND SUPPORT OF, MENTORSHIP PROGRAMS FOR K-12 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie Moore Director | 1 | $151,403 | |
Tony Coletta Chair | 1 | $0 | |
Tom Frazier Director | 1 | $0 | |
Sarah Diel-Hunt Director | 1 | $0 | |
Mark Dekeersgieter Director | 1 | $0 | |
Kristen Weikle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,633 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,659 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,574 |
| Professional fees and other payments to independent contractors | $12,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,051 |
| Total expenses | $35,625 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,500 |
| Other assets | $0 |
| Total assets | $69,500 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,500 |