Compensation 990

Somercor 504 Inc.

Fiscal year ending 2016. Filed on August 10, 2017.

601 South Lasalle St No 510
Chicago, Illinois 60605

Somercor 504 Inc. (EIN: 36-3837330) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Somercor 504 Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 9 out of 24 total employees. Among the employees shown here, the average compensation is $155,891. The highest compensated employee at Somercor 504 Inc. is Eric Spokas with fiscal year 2016 compensation of $232,715.

Revenue, expenses, and employee compensation

Revenue

$6,787,116

Expenses

$4,376,189

Employee compensation

$2,582,964
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Non-Employee Board Members

Scott Heiman
Director
$17,300
$17,300 from orgNo related compNo other comp
Jeff Scott
Director
$7,275
$7,275 from orgNo related compNo other comp
Carrie Pohl
Director
$6,775
$6,775 from orgNo related compNo other comp
Charles Krawitz
Director
$6,100
$6,100 from orgNo related compNo other comp
Lynn Dubajic
Director
$5,725
$5,725 from orgNo related compNo other comp
Michael Plumb
Director
$4,075
$4,075 from orgNo related compNo other comp
Santiago Martinez
Director
$3,125
$3,125 from orgNo related compNo other comp
Joseph Shultz
Director
$3,100
$3,100 from orgNo related compNo other comp
Margy Sweeny
Director
$2,250
$2,250 from orgNo related compNo other comp
Martin Castro
Director
$2,075
$2,075 from orgNo related compNo other comp
Domenic Rinaldi
Director
$2,000
$2,000 from orgNo related compNo other comp
Michael Hawley
Director
$1,900
$1,900 from orgNo related compNo other comp

Mission Statement

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

Revisions to this organization profile

August 20, 2025:
2024 Somercor 504 Inc. 990 filed
August 15, 2024:
2023 Somercor 504 Inc. 990 filed
August 15, 2023:
2022 Somercor 504 Inc. 990 filed

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