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. 40 publicly reported grants to this organization, totaling roughly $25.7M, appear in IRS filings.

EIN: 363488628 CHICAGO, IL Latest filing: 2025
Total Revenue$15.2M
Total Expenses$16.3M
Total Assets$8.9M
Grant Records40
Funding Total$25.7M
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.

Sample Grants Received

WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL
2024
TO SUBSIDIZE WBENC CERTIFICATION WORK.
$319,512
$50,000
CHARITIES AID FOUNDATION AMERICA
2024
CHARITABLE DONATION
$45,000
$10,147
WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL
2023
TO SUBSIDIZE WBENC CERTIFICATION WORK.
$315,733

Showing up to 5 of 40 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

TO SUPPORT TWO NEW NEIGHBORHOOD-BASED BUSINESS COACHES, FINANCIAL HEALTH CURRICULUM DEVELOPMENT, OUTREACH, MARKETING, NEXTSTREET, SCALE-UP-LITTLE VILLAGE PROGRAM - SPANISH VERSION, COOK COUNTY COVID-19 RECOVERY SMALL BUSINESS ASSISTANCE PROGRAM, EXPANDING MINORITY BUSINESS ACCESS PROGRAM, PGL RETIREE, SMALL BUSINESS ASSISTANCE PROGRAM MICROGRANTS, AND BERWYN DEVELOPMENT CORPORATION
$20,601,292 1 grant
In support of its Expanding Minority Business Access program planning phase. To support Expanding Minority Business Access, EMBA Year Three, contribution to provide services. To support and accelerate women's business ownership and strengthen the impact of women on the economy by creating jobs, fueling economic growth, and building strong communities in Chicago. In support of the expansion of the ScaleHigher curriculum into the Chicago market and support the businesses participating to learn about and access digital tools to scale their businesses.
$1,740,000 2 grants
TO SUBSIDIZE WBENC CERTIFICATION WORK.
$1,121,925 4 grants
TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS.
$628,274 3 grants
General support for programs, operations and other charitable purposes
$240,000 1 grant

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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