EIN 37-1119582

Small Business Growth Corporation

IRS 501(c) type
501(c)(6)
Num. employees
36
Year formed
1984
Most recent tax filings
2023-09-01
Description
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. Assistance to Small businesses in obtaining loans from the Small Business administration.
Also known as...
Illinois Small Business Growth
Total revenues
$8,060,894
2023
Total expenses
$8,060,999
2023
Total assets
$3,259,531
2023
Num. employees
36
2023

Program areas at Small Business Growth Corporation

Certified development company for u.s. Small Business administration section 504 loans.
Ceritified development company for u.s. Small Business adminstration section 504 loans.

Personnel at Small Business Growth Corporation

NameTitleCompensation
David NovakChief Financial Officer$305,000
Gregg KyesChief Technology O$153,000
Douglas L KinleyPresident$445,000
Shannon CrawfordClosing Mana$120,833
Jerry FurbyChairman$0
...and 6 more key personnel

Financials for Small Business Growth Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$114,462
Program services$7,909,772
Investment income and dividends$36,660
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,060,894

Form 990s for Small Business Growth Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-06-13990View PDF
2022-092023-02-09990View PDF
2021-092022-03-09990View PDF
2020-092021-10-06990View PDF
2019-092020-08-25990View PDF
...and 10 more Form 990s
Data update history
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 1 new personnel
June 1, 2023
Updated personnel
Identified 1 new personnel
November 8, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Business and industry
Characteristics
State / local levelReceives government funding
General information
Address
2401 W White Oaks Dr
Springfield, IL 62704
Metro area
Springfield, IL
County
Sangamon County, IL
Website URL
growthcorp.com/ 
Phone
(217) 787-7557
Facebook page
GrowthCorp 
Twitter profile
@growthcorp 
IRS details
EIN
37-1119582
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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