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Filing year 2023

WOMEN'S BUSINESS DEVELOPMENT CENTER

Chicago, Illinois·EIN 36-3488628·3
Total revenue
$64.8M
Total assets
$10.2M
Total expenses
$63.4M
Reported officers
27
Mission

THE MISSION OF THE WOMEN'S BUSINESS DEVELOPMENT CENTER (WBDC) IS TO SUPPORT AND ACCELERATE BUSINESS DEVELOPMENT AND GROWTH, SERVING ALL BUSINESS OWNERS TO STRENGTHEN THEIR PARTICIPATION IN, AND IMPACT ON, THE ECONOMY.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2023

President & Chief Executive
$239k
$265k
Base
$176k
Bonus
Other
$48k
Benefits
$10k
Chief of Staff
highest compensated employee
$139k
$154k
Chief Development Officer
$123k
$137k
Managing Dir Entrepreneurial Svcs
highest compensated employee
$121k
$134k
Managing Dir Established Bus Svcs
highest compensated employee
$117k
$129k
Co-founder & Co-president
board president
$52k
$57k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Down 16%
from 2022

From $285k in 2022 to $239k in 2023.

$285k
2022
$239k
2023
In today's dollarsEst.
Down 19% in real terms$327k to $265k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, 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

WOMEN'S BUSINESS DEVELOPMENT CENTER reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.9M
$14.2M
2022
$64.8M
$63.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
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