Cirbn Llc
- Assets
- $10.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-1304666
Organization Overview
Cirbn Llc is located in Bloomington, IL. The organization was established in 2014. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cirbn Llc 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 12/2021, Cirbn Llc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 12.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SEAMLESS INTERNET AND INTRANET SERVICES TO K-12 SCHOOL DISTRICTS, HEALTHCARE ORGANIZATIONS, PUBLIC SAFETY, GOVERNMENT, COMMERCIAL AND NOT-FOR-PROFIT ORGANIZATIONS. TO MAINTAIN AND OVERSEE A NETWORK PROVIDING HIGH-SPEED LOW-COST INTERNET CONNECTIVITY TO COMMUNITIES THROUGHOUT CENTRAL ILLINOIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SEAMLESS INTERNET AND INTRANET SERVICES TO K-12 SCHOOL DISTRICTS, HEALTHCARE ORGANIZATIONS, PUBLIC SAFETY, GOVERNMENT, COMMERCIAL AND NOT-FOR-PROFIT ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Letisha Trepac - Hcc Secretary/treasurer | OfficerTrustee | 1 | $0 |
Pamela Reece - Normal Vice-President | OfficerTrustee | 1 | $0 |
Tim Gleason - Bloomington President | OfficerTrustee | 1 | $0 |
Jim Woolford - City Of Pontiac Director | Trustee | 1 | $0 |
Dan Stephens - Isu Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dcxl Inc Contracted Employees | 12/30/21 | $413,916 |
Cyber Dominion Inc Technology Consulting | 12/30/21 | $178,223 |
Leggett Fiber Consulting Lp Consulting | 12/30/21 | $127,300 |
Custom Underground Inc Underground Boring | 12/30/21 | $222,784 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,724,486 |
| Investment income | $125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,837 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,720,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,049 |
| Fees for services: Accounting | $13,412 |
| Fees for services: Lobbying | $430 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $445,672 |
| Advertising and promotion | $11,890 |
| Office expenses | $9,046 |
| Information technology | $5,783 |
| Royalties | $0 |
| Occupancy | $21,302 |
| Travel | $488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $954,938 |
| Insurance | $42,661 |
| All other expenses | $1,046 |
| Total functional expenses | $2,488,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,103 |
| Savings and temporary cash investments | $865,628 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,776 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $284,180 |
| Net Land, buildings, and equipment | $8,582,092 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,050,779 |
| Accounts payable and accrued expenses | $310,249 |
| Grants payable | $0 |
| Deferred revenue | $269,958 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $580,207 |
| Net assets without donor restrictions | $4,836,752 |
| Net assets with donor restrictions | $4,633,820 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,050,779 |
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|---|---|---|
Missouri Rural Electric Cooperative Palmyra, MO | $37,368,089 | $19,573,881 |
Jay County Rural Electric Membership Corporation Portland, IN | $32,510,611 | $21,221,936 |
Monroe County Electric Coop Inc Waterloo, IL | $48,641,421 | $17,977,778 |
Gascosage Electric Cooperative Dixon, MO | $57,774,455 | $19,748,899 |
Orange County Rural Electric Membership Corporation Orleans, IN | $101,879,716 | $17,771,155 |
North Central Missouri Electric Cooperative Inc Milan, MO | $39,341,969 | $18,294,115 |
Rathbun Regional Water Association Inc Centerville, IA | $143,535,509 | $19,524,917 |
Oconto Electric Cooperative Oconto Falls, WI | $45,027,823 | $17,184,584 |
Clinton County Electric Cooperative Inc Breese, IL | $36,047,909 | $16,814,895 |
T I P Rural Electric Cooperative Brooklyn, IA | $57,344,467 | $17,059,790 |
Nishnabotna Valley Rural Electric Cooperative Harlan, IA | $46,708,124 | $17,798,413 |
Central Wisconsin Electric Cooperative Rosholt, WI | $60,789,666 | $16,195,495 |