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Filing year 2024

SECURED FINANCE NETWORK MIDWEST

Mokena, Illinois·EIN 20-1500060·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$174k
Total assets
$641k
Total expenses
$60k
Reported officers
8
Mission

THE SECURED FINANCE NETWORK IS THE TRADE GROUP FOR COMMERCIAL FINANCE COMPANIES, FACTORS, BANKS AND OTHER FINANCING AGENCIES IN THE ASSET-BASED FINANCIAL SERVICES INDUSTRY ON AN INTERNATIONAL, NATIONAL, REGIONAL AND LOCAL BASIS. THE OBJECTIVES OF THE ORGANIZATION ARE TO PROVIDE, THROUGH DISCUSSION AND PUBLICATION, A FORUM FOR THE CONSIDERATION OF INTER- AND INTRA-INDUSTRY IDEAS AND OPPORTUNITIES; TO MAKE AVAILABLE CURRENT INFORMATION ON LEGISLATION AND COURT DECISIONS RELATING TO ASSET-BASED FINANCIAL SERVICES; TO IMPROVE LEGAL AND OPERATIONAL PROCEDURES EMPLOYED BY THE INDUSTRY; TO FURNISH TO THE GENERAL PUBLIC INFORMATION ON THE FUNCTION AND SIGNIFICANCE OF THE INDUSTRY IN THE CREDIT STRUCTURE OF THE COUNTRY; TO ENCOURAGE THE ASSOCIATION'S MEMBERS, AND THEIR PERSON.

Reported officers (all unpaid)

No paid executives reported in 2024. SECURED FINANCE NETWORK MIDWEST reported 8 unpaid officers and board members on its 990.

President
First Vice President
Vice President
Secretary
Treasurer
Director
Director
Director
Financial trend

Revenue and expenses over time

SECURED FINANCE NETWORK MIDWEST reported revenue and expenses across 2 filing years.

RevenueExpenses
$148k
$55k
2023
$174k
$60k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Illinois

SECURED FINANCE NETWORK MIDWEST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Illinois earns a median of $71,702.

25th percentile
$29k
Median
$71,702
75th percentile
$120k
90th percentile
$222k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 98 organizations across 98 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for Illinois
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