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Filing year 2023

SMALL BUSINESS GROWTH CORPORATION

Springfield, Illinois·EIN 37-1119582·6
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 · Schedule J · 14 reported individuals · Filing year 2023

VP / Loan of
vice president
$549k
$607k
Base
$532k
Bonus
Other
Benefits
$417k
$460k
Base
$400k
Bonus
Other
Benefits
VP / Loan of
vice president
$334k
$369k
Base
$323k
Bonus
Other
Benefits
Base
$285k
Bonus
Other
Benefits
Chief Credit
key employee
$224k
$247k
Base
$215k
Bonus
Other
Benefits
Loan Officer
key employee
$205k
$227k
Base
$196k
Bonus
Other
Benefits
Director Mar
key employee
$188k
$208k
Base
$179k
Bonus
Other
Benefits
Chief Credit
key employee
$187k
$207k
Base
$180k
Bonus
Other
Benefits
Chief Tech O
key employee
$187k
$206k
Base
$180k
Bonus
Other
Benefits
Vp/relation
highest compensated employee
$177k
$195k
Base
$170k
Bonus
Other
Benefits
Portfolio MA
highest compensated employee
$161k
$178k
Base
$154k
Bonus
Other
Benefits
Vp/relation
highest compensated employee
$145k
$160k
unclassified
$125k
$138k
Loan Officer
highest compensated employee
$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.

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.
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