CDFI FRIENDLY BLOOMINGTON INC
AI Summary
CDFI Friendly Bloomington Inc is a nonprofit organization based in Bloomington, Indiana, dedicated to enhancing the economic welfare of the local community and its surrounding areas. With an operating budget of $433.6K and total revenue of $473.4K for the filing year 2024, the organization focuses on facilitating access to flexible, affordable capital for community development projects through partnerships with Community Development Financial Institutions (CDFIs) and other organizations. Notably, CDFI Friendly Bloomington Inc does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.
Mission Statement
TO IMPROVE THE ECONOMIC WELFARE OF BLOOMINGTON, IN, AND SURROUNDING AREAS BY HELPING LOCAL COMMUNITY DEVELOPMENT PROJECTS ACCESS FLEXIBLE, AFFORDABLE CAPITAL FROM COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) OR OTHER ORGANIZATIONS.
Cause Areas
1
Community and economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
FIRST FINANCIAL FOUNDATION
Cincinnati, OH, US
$107.5K
< 1%
Frequently Asked Questions
What is CDFI FRIENDLY BLOOMINGTON INC’s budget?
In 2024, CDFI FRIENDLY BLOOMINGTON INC reported an annual operating budget of around $434 thousand. More detailed financial information is available to registered users.
What causes does CDFI FRIENDLY BLOOMINGTON INC support?
CDFI FRIENDLY BLOOMINGTON INC supports work in Community and economic development.
Where does CDFI FRIENDLY BLOOMINGTON INC operate?
CDFI FRIENDLY BLOOMINGTON INC is headquartered in Bloomington, IN.
Who funded CDFI FRIENDLY BLOOMINGTON INC recently?
In 2024, CDFI FRIENDLY BLOOMINGTON INC received grants from FIRST FINANCIAL FOUNDATION, FIRST FINANCIAL FOUNDATION, and FIRST FINANCIAL FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant CDFI FRIENDLY BLOOMINGTON INC received in 2024?
The largest grant to CDFI FRIENDLY BLOOMINGTON INC in 2024 exceeds $7,500.
What is CDFI FRIENDLY BLOOMINGTON INC’s reliance on government grants?
CDFI FRIENDLY BLOOMINGTON INC relied on government grants for more than 35% of their total revenue in 2024.