SOMERCOR 504 INC
601 SOUTH LASALLE ST NO 510, CHICAGO, IL 60605 www.somercor.com

Total Revenue
$5,325,040
Total Expenses
$4,920,583
Net Assets
$869,961
Organizations Filed Purposes: ORIGINATE SBA 504 LOANS AND FOSTER ECONOMIC DEVELOPMENT IN THE STATE OF ILLINOIS.

PROVIDE FINANCING ASSISTANCE FOR SMALL BUSINESSES, ADMINISTER CITY OF CHICAGO GRANT PROGRAMS AND OTHER ECONOMIC DEVELOPMENT ACTIVITIES.

THE ORGANIZATION WAS GRANTED AUTHORITY TO PARTICIPATE IN THE SBA COMMUNITY ADVANTAGE PROGRAM. THE PROGRAM ALLOWS CERTIFIED DEVELOPMENT COMPANIES ("CDC'S") TO FUND COMMUNITY ADVANTAGE LOANS BETWEEN $50,000 AND $250,000. AT LEAST 60% OF THE LOANS DISTRIBUTED ARE REQUIRED TO BE IN UNDERSERVED MARKETS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Pawel JastrzebskiVICE PRESIDENT40$244,387
Milan MaslicEXECUTIVE VICE PRESIDENT40$208,241
Scott KlugFORMER SENIOR VICE PRESIDENT40$167,247
Jacob SternSENIOR VICE PRESIDENT40$147,943
David SommersEXECUTIVE VICE PRESIDENT40$147,420
Debra MorackVICE PRESIDENT40$130,520
Carlissa DuntemanFORMER VICE PRESIDENT40$107,567
Joseph M LewisFORMER ASSISTANT VICE PRESIDENT40$88,970
Brandon A PalmerFORMER ASSISTANT VICE PRESIDENT40$86,458
Anastasia WilliamsVICE PRESIDENT40$61,556
Manuel FloresPRESIDENT40$32,308
Michael UtterbackVICE PRESIDENT40$4,698
Lynn DubajicDIRECTOR2$3,625
Santiago MartinezDIRECTOR2$2,750
Michael PlumbDIRECTOR2$2,125
Joseph BrocatoDIRECTOR2$1,000
Brian ComiskeyEXECUTIVE VICE PRESIDENT40$0
Jon WinickCHAIRMAN10$0
William TownsDIRECTOR2$0
Margy SweeneyDIRECTOR2$0
Chris RentnerDIRECTOR2$0
Tom HuffmanDIRECTOR2$0
Margaret GriffinDIRECTOR2$0
Diane GallionDIRECTOR2$0
Jeffrey BronswickDIRECTOR2$0
Brian BurkeDIRECTOR2$0
Dean AvdalasDIRECTOR2$0
Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202042279349301879_public.xml

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