NonprofitsIllinois Small Business Growth Corporation

Illinois Small Business Growth Corporation

SPRINGFIELD, IL

Total revenue

$9.0M

Total expenses

$9.0M

Net assets

$1.3M

Grants received

EIN

371119582

Tax year

2023

Mission

To further economic development by promoting and assisting the growth, development, and expansion of business concerns throughout the state of illinois and adjacent local economic areas.

Programs

1 program

Ceritified development company for u.s. Small business adminstration section 504 loans.

Financials

FY 2023

Revenue

Contributions & grants$176K
Program service revenue$8.7M
Investment income$75K
Other revenue
Total revenue$9.0M

Expenses

Grants paid
Salaries & benefits$7.3M
Fundraising
Other expenses$1.7M
Total expenses$9.0M
Total assets$3.3M
Net assets$1.3M

People

22 listed

NameRoleCompensation

DOUGLAS L KINLEY

PRESIDENT

Board

$400K

40 hrs/wk

DAVID NOVAK

CFO

Board

$285K

40 hrs/wk

MARK PAPOCCIA

DIRECTOR

Board

2 hrs/wk

MARY MIDIRI

DIRECTOR

Board

2 hrs/wk

DONALD BROOKHART

SECRETARY

Board

2 hrs/wk

CARTER HUHTA

DIRECTOR

Board

2 hrs/wk

JOHN ALLEN

DIRECTOR

Board

2 hrs/wk

THOMAS GRIFFITH

TREASURER

Board

2 hrs/wk

MICHAEL MILLIGAN

DIRECTOR

Board

2 hrs/wk

JERRY FURBY

CHAIRMAN

Board

2 hrs/wk

JOEL HERSCHER

VP / LOAN OF

Staff

$532K

40 hrs/wk

STEVE KIRBY

VP / LOAN OF

Staff

$323K

40 hrs/wk

BENJAMIN KRIEGER

CHIEF CREDIT

Staff

$215K

40 hrs/wk

RYAN O'NEILL

LOAN OFFICER

Staff

$196K

40 hrs/wk

PHIL MATON

CHIEF CREDIT

Staff

$180K

40 hrs/wk

GREGG KYES

CHIEF TECH O

Staff

$180K

40 hrs/wk

SARA VANHALA

DIRECTOR MAR

Staff

$179K

40 hrs/wk

KATHLEEN LENT

VP/RELATION

Staff

$170K

40 hrs/wk

RANDY NEUMANN

PORTFOLIO MA

Staff

$154K

40 hrs/wk

MELISSA VARHEGYI

VP/RELATION

Staff

$140K

40 hrs/wk

SHANNON CRAWFORD

Staff

$120K

40 hrs/wk

STEVE LINDSEY

LOAN OFFICER

Staff

$101K

40 hrs/wk

Independent contractors

PATTERSON ROLLINS & KURTZ LLC

LEGAL

$431K

Details

EIN371119582
Subsection06
Ruling date1984-05
Employees35
ILLINOIS SMALL BUSINESS GROWTH CORPORATION — Mission, Financials & Grants Received | Grantivo