NonprofitsIllinois Business Financial Services

Illinois Business Financial Services

PEORIA, IL

Total revenue

$367K

Total expenses

$363K

Net assets

$309K

Grants received

EIN

371100487

Tax year

2023

Mission

Promote economic and social welfare through administration of sba loan programs and establishment of space for a business incubation program.

Programs

1 program

The processing and servicing of small business loans under various small business administration programs

Expenses: $83K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$367K
Investment income$9
Other revenue
Total revenue$367K

Expenses

Grants paid
Salaries & benefits$49K
Fundraising
Other expenses$314K
Total expenses$363K
Total assets$389K
Net assets$309K

People

11 listed

NameRoleCompensation

ERIK READER

PRESIDENTCEO FORMER

Board

$75K

40 hrs/wk

RACHAEL PARKER

DIRECTOR

Board

0.5 hrs/wk

DONALD JACKSON

DIRECTOR FORMER

Board

0.5 hrs/wk

KIMBERLEY RICHARDSON

DIRECTOR

Board

0.5 hrs/wk

JAMES TILLMAN

SECRETARY FORMER

Board

0.5 hrs/wk

JOSH GRABER

TREASURER

Board

1 hrs/wk

CORRY HARRIS

CHAIRPERSON FORMER

Board

1 hrs/wk

LARAINE BRYSON

VICE CHAIRPERSON

Board

0.5 hrs/wk

CHARLES RANDLE

AT-LARGE EXECUTIVE

Board

1 hrs/wk

ALLEN KILGORE

CHAIRPERSON

Board

1 hrs/wk

EUGENE D GATHERS

PRESIDENTCEO

Board

40 hrs/wk

Details

EIN371100487
Subsection03
Ruling date1982-04
Formed1981
Employees3
Volunteers20
ILLINOIS BUSINESS FINANCIAL SERVICES — Mission, Financials & Grants Received | Grantivo