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Filing year 2023

WOMEN'S BUSINESS DEVELOPMENT CENTER

Chicago, Illinois·EIN 36-3488628·501(c)(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 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

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

President & Chief Executive
75th to 90th percentile
$239k
$265k
Base
$176k
Bonus
Other
$48k
Benefits
$10k
Chief of Staff
Highest Compensated Employee
25th percentile to median
$139k
$154k
Chief Development Officer
25th percentile to median
$123k
$137k
Managing Dir Entrepreneurial Svcs
Highest Compensated Employee
10th to 25th percentile
$121k
$134k
Managing Dir Established Bus Svcs
Highest Compensated Employee
10th to 25th percentile
$117k
$129k
Co-founder & Co-president
Board President
75th to 90th percentile
$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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Chief Executive Officer pay fell 16% from 2022 to 2023, while revenue rose 335%.

$285k in 2022 to $239k in 2023.
  • Highest Compensated Employee pay rose 6% from 2022 to 2023.
  • Chief Development Officer pay rose 6% 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

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.
FAQ

Common questions about WOMEN'S BUSINESS DEVELOPMENT CENTER

What does the Chief Executive Officer of WOMEN'S BUSINESS DEVELOPMENT CENTER earn?

In 2023, the Chief Executive Officer of WOMEN'S BUSINESS DEVELOPMENT CENTER received $239,442 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WOMEN'S BUSINESS DEVELOPMENT CENTER compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WOMEN'S BUSINESS DEVELOPMENT CENTER falls between the 75th and 90th percentiles.

What are WOMEN'S BUSINESS DEVELOPMENT CENTER's revenue and expenses?

In 2023, WOMEN'S BUSINESS DEVELOPMENT CENTER reported $64.8M in total revenue and $63.4M in total expenses on its IRS Form 990.

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