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Somercor 504 Inc
Community Development · Chicago, Illinois
209 S La Salle St Ste 203, Chicago, IL 60604-1205
EIN: 363837330· Founded: Oct 2024· 2 years active· Filing Year: 2023
Annual Revenue
$7.0M
Total Expenses
$6.4M
Total Assets
$4.6M
Program Spending
74%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$2.5M
39.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.6M
Total Payroll
$4.2M
65% of total expenses
Where the Money Goes
74%
Programs: 74%
Payroll: 65%
Other overhead: 26%
Program Revenue$4.7M (67%)
Total Expenses$6.4M (91%)
Payroll$4.2M (65%)
Overhead (non-program)26%
Trust Score Breakdown
Program Spending Ratio
74% of expenses go to programs
Revenue & Stability
$7.0M annual revenue
Executive Compensation
$2.5M total officer comp (39.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$4.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.