Illinois Business Financial Services

Fiscal year ending 2024. Filed on August 1, 2025.

456 Fulton St Ste 104
Peoria, Illinois 61602

Illinois Business Financial Services (EIN: 37-1100487) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Illinois Business Financial Services, a 501(c)(3) charitable organization, reported compensation for 2 out of 3 total employees. Among the employees shown here, the average compensation is $75,000. The highest compensated employee at Illinois Business Financial Services is Erik Reader with fiscal year 2024 compensation of $75,000.

Revenue, expenses, and employee compensation

Revenue

$366,903

Expenses

$362,782

Employee compensation

$49,042

Reported Compensated Employees

Erik Reader

Presidentceo Former

$75,000

$75,000 No related compNo other comp

Eugene D Gathers

President and Chief Executive Officer

$0

Non-Employee Board Members

At-Large Executive

Chairperson Former

Former Director

Secretary Former

Kimberley Richardson

Mission Statement

PROMOTE ECONOMIC AND SOCIAL WELFARE THROUGH ADMINISTRATION OF SBA LOAN PROGRAMS AND ESTABLISHMENT OF SPACE FOR A BUSINESS INCUBATION PROGRAM.

Revisions to this organization profile

August 1, 2025:

2024 Illinois Business Financial Services 990 filed

August 14, 2024:

2023 Illinois Business Financial Services 990 filed

March 20, 2023:

2022 Illinois Business Financial Services 990 filed

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