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Filing year 2023

SMALL BUSINESS GROWTH CORPORATION

Springfield, Illinois·EIN 37-1119582·501(c)(6)
Total revenue
$9M
Total assets
$3.3M
Total expenses
$9M
Reported officers
22
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

VP / Loan of
Board Vice President
Above 90th percentile
$549k
$607k
Base
$532k
Bonus
Other
Benefits
President
Above 90th percentile
$417k
$460k
Base
$400k
Bonus
Other
Benefits
VP / Loan of
Board Vice President
Above 90th percentile
$334k
$369k
Base
$323k
Bonus
Other
Benefits
CFO
Above 90th percentile
$297k
$328k
Base
$285k
Bonus
Other
Benefits
Chief Credit
Key Employee
Median to 75th percentile
$224k
$247k
Base
$215k
Bonus
Other
Benefits
Loan Officer
Key Employee
Median to 75th percentile
$205k
$227k
Base
$196k
Bonus
Other
Benefits
Director Mar
Key Employee
Median to 75th percentile
$188k
$208k
Base
$179k
Bonus
Other
Benefits
Chief Credit
Key Employee
Median to 75th percentile
$187k
$207k
Base
$180k
Bonus
Other
Benefits
Chief Tech O
Key Employee
Median to 75th percentile
$187k
$206k
Base
$180k
Bonus
Other
Benefits
Vp/relation
Highest Compensated Employee
Median to 75th percentile
$177k
$195k
Base
$170k
Bonus
Other
Benefits
Portfolio MA
Highest Compensated Employee
25th percentile to median
$161k
$178k
Base
$154k
Bonus
Other
Benefits
Vp/relation
Highest Compensated Employee
25th percentile to median
$145k
$160k
Unclassified
$125k
$138k
Loan Officer
Highest Compensated Employee
10th to 25th percentile
$106k
$117k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 2%
from 2022

From $538k in 2022 to $549k in 2023.

$538k
2022
$549k
2023
In today's dollarsEst.
Down 2% in real terms$616k to $607k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice President pay rose 2% from 2022 to 2023, while revenue rose 12%.

$538k in 2022 to $549k in 2023.
  • Chief Executive Officer pay held roughly steady from 2022 to 2023.
  • Chief Financial Officer pay rose 13% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SMALL BUSINESS GROWTH CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.1M
$8.1M
2022
$9M
$9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SMALL BUSINESS GROWTH CORPORATION

What does the Board Vice President of SMALL BUSINESS GROWTH CORPORATION earn?

In 2023, the Board Vice President of SMALL BUSINESS GROWTH CORPORATION received $549,083 in total compensation. This pay is in the top 10% for Board Vice President roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Vice President pay at SMALL BUSINESS GROWTH CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Vice President at SMALL BUSINESS GROWTH CORPORATION falls in the top 10%.

What are SMALL BUSINESS GROWTH CORPORATION's revenue and expenses?

In 2023, SMALL BUSINESS GROWTH CORPORATION reported $9M in total revenue and $9M in total expenses on its IRS Form 990.

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