Organizations Filed Purposes:
Job creation and retention through SBA Lending.
IDS Corporation is licensed by the US Small Business Administration as a Certified Development Company, making and servicing loans under the SBA 504 program. Historically the Company had averaged approvals of twenty new loans per year for an amount slightly in excess of $28M annually. The Company also, with the consent of the SBA, as the appropriate federal regulator, provides support services to other CDC licenses for marketing, underwriting, and portfolio management; in the states of NY, MD, KY, TN, NC, MS, LA, VA, and DC. The Corporation also participated in the SBA's Payroll Protection Program (PPP), as a Lender under the allowance for Community Financial Institutions (CFIs).
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Thomas Wallace | President / Asst. Secretar | 60 | $173,967 |
| Margaret Guzinski | Senior Vice President | 50 | $106,211 |
| William Ridgeway | VP & Senior Underwriter | 50 | $101,820 |
| Al Williams | Assistant Secretary | 3 | $0 |
| Dan Bockhorst | Director | 3 | $0 |
| Suzanne Specht | Secretary / Treasurer | 3 | $0 |
| Lester Clark | Chair | 3 | $0 |
| Haley Derudder | Director | 2 | $0 |
| Mark Lizzi | Director | 2 | $0 |
| Mike Kozak | Assistant Secretary | 2 | $0 |
| Jennifer Edwards-Walker | Member | 2 | $0 |
| Cheryl Admire-Bergau | Director | 2 | $0 |
| Wayne Daltry | Director | 2 | $0 |
| Hakim Kassam | Director | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202100469349301305_public.xml