Public Charity

SMALL BUSINESS ADVOCACY COUNCIL

SMALL BUSINESS ADVOCACY COUNCIL is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2025 filing: $495K revenue, $522K expenses, $87K total assets. 7 publicly reported grants to this organization, totaling roughly $1.8M, appear in IRS filings.

EIN: 900543317 CHICAGO, IL Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2025
Total Revenue$495K
Total Expenses$522K
Total Assets$87K
Grant Records7
Funding Total$1.8M
Filing Years2020–2025

Mission

THE SMALL BUSINESS ADVOCACY COUNCIL (SBAC) IS A NON-PARTISAN, MEMBER DRIVEN ORGANIZATION THAT PROMOTES THE SUCCESS OF SMALL BUSINESS THROUGH POLITICAL ADVOCACY, SUPPORT SERVICES, AND EDUCATIONAL PROGRAMS

Where $100 goes at Small Business Advocacy Council

How Small Business Advocacy Council divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$32
Organize networking functions for the purpose of helping our members grow their business and interact with local business owners
34% of program spending
$32
Hold policy meetings wherein its members will identify issues pertinent to small business and establish mechanisms and strategies to advocate for policies in the interest of our members
33% of program spending
$32
Maintain a website for the purpose of educating our members, promoting their business and / or services and providing an outlet for our members to express their concerns
33% of program spending
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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
General support for programs, operations and other charitable purposes
$400,000
2023
General support for programs, operations and other charitable purposes
$150,000
2023
HELP DEVELOP AND REFINE THE EDUCATION, ADVOCACY AND LOBBYING STRATEGY FOR 2023 LEGISLATION
$10,000
2022
The purpose of this grant is to provide resources including coaching, grants and expertise to small business seeking to move to a physical location for their operations in one of the 10 communities where We Rise Together has made significant investments and to create a roadmap from this experience to help inform future small business owners on how to navigate this process.
$650,000
2021
In support of the Neighborhood Revitalization Coalition.
$200,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

PRESIDENT Elliot Richardson
TREASURER James Scordo
SECRETARY Karen Kimsey-Sward
CHAIR Larry Minutillo
DIRECTOR Leslee Cohen
DIRECTOR Michael Bempah

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,150,000 5 grants
Economic Development
$650,000 1 grant
Education
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $495K $522K $87K
2024 $646K $695K $152K
2023 $438K $417K $181K
2022 $490K $411K $148K
2020 $357K $252K $35K

Between 2020 and 2025, reported annual revenue grew from $357K to $495K (+39%), with total assets most recently reported at $87K.

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

See the full picture for SMALL BUSINESS ADVOCACY COUNCIL

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