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Filing year 2023

SOMERCOR 504 INC

Chicago, Illinois·EIN 36-3837330·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$7M
Total assets
$5M
Total expenses
$0
Reported officers
28
Mission

ADMINISTER SBA 504 LOAN PROGRAM AND OTHER ECONOMIC DEVELOPMENT ACTIVITIES IN ILLINOIS, FOUR COUNTIES IN INDIANA, AND TWO COUNTIES IN WISCONSIN.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$325k
Senior Vice President
senior vice president
$318k
Senior Vice President
senior vice president
$313k
Executive Vice President
executive vice president
$283k
Executive Vice President
executive vice president
$269k
Executive Vice President
executive vice president
$245k
Former EVP & Clo (thru 9/23)
executive vice president
$208k
Senior Vice President
senior vice president
$166k
Senior Vice President
senior vice president
$151k
VP Marketing & Communications
vice president
$141k
VP Sbif Program Director
vice president
$138k
VP Nof Director
vice president
$131k
Loan Servicing Administrator
highest compensated employee
$114k
Senior Closing Officer
highest compensated employee
$114k
SVP Chief Credit Officer
senior vice president
$38k

Plus 13 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Down 29%
from 2022

From $461k in 2022 to $325k in 2023.

$461k
2022
$325k
2023
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

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