Public Charity

WOMEN'S BUSINESS DEVELOPMENT CENTER

WOMEN'S BUSINESS DEVELOPMENT CENTER is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2025 filing: $15.2M revenue, $16.3M expenses, $8.9M total assets. 44 publicly reported grants to this organization, totaling roughly $25.8M, appear in IRS filings.

EIN: 363488628 CHICAGO, IL Latest filing: 2025
Total Revenue$15.2M
Total Expenses$16.3M
Total Assets$8.9M
Grant Records44
Funding Total$25.8M
Filing Years2021–2025

Mission

THE MISSION OF THE WOMEN'S BUSINESS DEVELOPMENT CENTER (WBDC) IS TO SUPPORT AND ACCELERATE BUSINESS DEVELOPMENT AND GROWTH, SERVING ALL BUSINESS OWNERS TO STRENGTHEN THEIR PARTICIPATION IN, AND IMPACT ON, THE ECONOMY.

Where $100 goes at Women's Business Development Center

How Women's Business Development Center divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$95 Programs the work itself
$3 Management running the organization
$2 Fundraising raising the next dollar

Inside the $95 for programs

$62
The access to capital program focuses on helping business owners develop a better understanding of their business finances by providing financial assessment and counseling, loan application assistance as…
65% of program spending · Reported in the filing: 1,435 persons
$10
The established business program serves established businesses who would like to grow their business and build capacity
11% of program spending · Reported in the filing: 3,204 persons
$9
The wbdc provides women's business enterprise (wbe) certification to women-owned businesses in a nine state midwest region through a partnership with the women's business enterprise national council (wbenc)
10% of program spending · Reported in the filing: 2,616 persons

Plus 4 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
TO SUBSIDIZE WBENC CERTIFICATION WORK.
$319,512
2024
General support for programs, operations and other charitable purposes
$90,000
$50,000
2024
CHARITABLE DONATION
$45,000
$10,147

Showing up to 5 of 44 total records — full history available with membership.

Officers & Directors

SECRETARY Alison Chung
FUNDRAISING COMM CHAIR Amy Yuhn
DIRECTOR Arabel Alva Rosales
AUDIT COMMITTEE CHAIR Beth Kieffer Leonard Cpa
MANAGING DIR ENT BUS PROG AND SVCS Blanca Berthier
ASSISTANT SECRETARY Cassandra Sanford

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$20,601,292 1 grant
Education
$1,781,000 5 grants
General Support
$1,142,812 19 grants
Economic Development
$295,000 5 grants
Human & Social Services
$205,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $15.2M $16.3M $8.9M
2024 $64.8M $63.4M $10.2M
2023 $14.9M $14.2M $35.5M
2022 $10.6M $9.2M $7.0M
2021 $38.5M $36.8M $6.7M

Between 2021 and 2025, reported annual revenue declined from $38.5M to $15.2M (-60%), with total assets most recently reported at $8.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WOMEN'S BUSINESS DEVELOPMENT CENTER

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