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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Wessex 504 Corporation

Wessex 504 Corporation

Fiscal year ending 2024. Filed on May 2, 2025.

1845 E Rand Road Suite 109
Suite 109
Arlington Heights, Illinois 60004

Wessex 504 Corporation (EIN: 27-2304093) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Wessex 504 Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 1 out of 2 total employees. Among the employees shown here, the average compensation is $218,750. The highest compensated employee at Wessex 504 Corporation is Garrett Drucker with fiscal year 2024 compensation of $218,750.

Revenue, expenses, and employee compensation

Revenue

$666,913

Expenses

$697,704

Employee compensation

$511,963
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Garrett Drucker
President
$218,750
$218,750 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Ben Bizub
Director
Emilio Dicesare
Director
Heather Fiore
Director
Katy Jones
Director
Mike Barbaglia
Director
Mike Lambert
Director
Robert Sullivan
Secretary

Mission Statement

WESSEX 504 CORPORATION IS A NON-PROFIT COMPANY CERTIFIED BY THE U. S. SMALL BUSINESS ADMINISTRATION TO ORIGINATE AND SERVICE SBA 504 LOANS. AS AN SBA CERTIFIED DEVELOPMENT COMPANY, WESSEX 504 CORPORATION WORKS WITH THE SMALL BUSINESS ADMINISTRATION AND LENDERS TO DELIVER THE 504 LOAN PROGRAM TO BUSINESSES. WESSEX 504'S OBJECTIVE IS TO ASSIST HEALTHY, GROWING BUSINESSES SECURE LONG TERM, BELOW MARKET, FIXED RATE FINANCING FOR THE ACQUISITION OF REAL ESTATE OR CAPITAL EQUIPMENT. IN TURN, THESE BUSINESSES ARE ABLE TO CREATE NEW JOBS AND STRENGTHEN THEIR COMMUNITIES WHILE CONTINUING TO GROW.

Revisions to this organization profile

May 2, 2025:
2024 Wessex 504 Corporation 990 filed
February 8, 2024:
2023 Wessex 504 Corporation 990 filed
February 2, 2023:
2022 Wessex 504 Corporation 990 filed

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