2026-06-29T18:08:02-04:00 2025-09-30 261227532 KOCH CONSULTANTS LTD PO BOX 1400 TREMONT IL 61568 990 2024-10-01 371100487 ILLINOIS BUSINESS FINANCIAL SERVICES % EUGENE D GATHERS ILLI 3094955976 201 SW ADAMS ST Peoria IL 61602 EUGENE D GATHERS PRESIDENTCEO 3094955976 2026-06-29 true true NATHAN D KOCH P00742216 3092673796 2024 2025-03-06 01:10:19Z X EUGENE D GATHERS 201 SW ADAMS ST Peoria IL 61602 349146 false X WWW.IBFS.ORG X 1981 IL PROMOTE ECONOMIC AND SOCIAL WELFARE THROUGH ADMINISTRATION OF SBA LOAN PROGRAMS AND ESTABLISHMENT OF SPACE FOR A BUSINESS INCUBATION PROGRAM. 8 8 2 20 0 0 0 366894 349135 9 11 0 366903 349146 0 0 49042 109731 0 0 313740 303036 362782 412767 4121 -63621 388874 319087 79785 73619 309089 245468 PROMOTE ECONOMIC AND SOCIAL WELFARE THROUGH ADMINISTRATION OF SBA LOAN PROGRAMS AND ESTABLISHMENT OF SPACE FOR A BUSINESS INCUBATION PROGRAM. false false 230673 134496 ESTABLISHMENT OF SPACE FOR A BUSINESS INCUBATION PROGRAM 135168 214639 THE PROCESSING AND SERVICING OF SMALL BUSINESS LOANS UNDER VARIOUS SMALL BUSINESS ADMINISTRATION PROGRAMS 365841 true false false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 1 0 2 true false false false false false false false false false false false false X 8 8 false false false false false false false true true false false false true true true false false true false false IL X EUGENE D GATHERS 3094955976 201 SW ADAMS ST Peoria IL 61602 EUGENE D GATHERS PRESIDENTCEO 40.00 0.00 X 32817 0 0 RACHAEL PARKER DIRECTOR 0.50 0.00 X 0 0 0 KIMBERLEY RICHARDSON DIRECTOR 0.50 0.00 X 0 0 0 NICHOLAS ROCHFORD DIRECTOR 0.50 0.00 X 0 0 0 LARAINE BRYSON VICE CHAIRPERSON 1.00 0.00 X X 0 0 0 ALLEN KILGORE CHAIRPERSON 1.00 0.00 X X 0 0 0 CHARLES RANDLE AT-LARGE EXECUTIVE 1.00 0.00 X X 0 0 0 JOSH GRABER TREASURER 1.00 0.00 X X 0 0 0 BRITTANY CLONE SECRETARY 1.00 0.00 X X 0 0 0 32817 0 0 0 false false false LOAN SERVICING FEES 900099 214639 214639 BUS INCUBATION RENTAL 531120 134496 134496 349135 11 11 0 349146 349135 0 11 72317 54238 18079 29205 21904 7301 8209 6156 2053 21000 21000 14181 14181 6983 6983 6938 6938 5752 4314 1438 21611 21611 172982 172982 603 603 20504 18854 1650 8420 6763 1657 DUES & SUBSCRIPTIONS 3395 3395 PARKING 1975 1481 494 REPAIRS 17510 17510 1182 1109 73 412767 365841 46926 0 138190 99613 5195 4471 8690 2027 279592 67074 233022 212518 3777 458 388874 319087 69033 63811 10752 9808 79785 73619 X 309089 245468 309089 245468 388874 319087 -63621 0 X true X false true false X 1 1 255273 233819 406535 366894 349135 1611656 255273 233820 406535 366894 349135 1611657 131063 95379 226442 0 0 0 131063 95379 226442 1385215 10 10 10 9 11 50 10 10 10 9 11 50 5596 106955 112551 260879 233830 513500 366903 349146 1724258 0.80340 0.85140 0.00000 0.00000 X 253326 40808 212518 6466 6466 19800 19800 212518 OPERATING LEASE LIABILITY 458 RENT PREPAYMENT & SECURITY DEPOSITS 6850 LOAN DEPOSITS 2500 9808 X Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) IBFS IS ORGANIZED AS A CHARITABLE ORGANIZATION AS DEFINED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS THEREFORE EXEMPT FROM PAYMENT OF INCOME TAXES EXCEPT ON UNRELATED BUSINESS INCOME (IF ANY). MANAGEMENT HAS REVIEWED TAX POSITIONS TAKEN AND BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON IBFSS FINANCIAL CONDITION, RESULTS OF OPERATION, OR CASH FLOWS. ACCORDINGLY IBFS HAS NOT RECORDED ANY RESERVES FOR UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2025. Form 990 governing body review Part VI line 11 THE PRESIDENT AND STAFF REVIEW THE FORM 990, THE PRESIDENT SIGNS THE FORM FOR FILING. Conflict of interest policy compliance Part VI line 12c PER POLICY EACH YEAR EACH BOARD MEMBER AND THE EXECUTIVE OFFICER MUST COMPLETE AN AFFIRMATION OF COMPLIANCE FORM (COMPLIANCE WITH CONFLICT OF INTEREST POLICY) AND ANY INTERESTED PARTY COMPLETES A DISCLOSURE OF POTENTIAL CONFLICT OF INTEREST STATEMENT. A DESIGNATED REVIEWING OFFICIAL IS REPONSIBLE FOR REVIEWING THESE FORMS AND BRINGING POTENTIAL CONFLICTS TO THE ATTENTION OF THE BOARD OR THE EXECUTIVE OFFICER. CEO executive director top management comp Part VI line 15a COMPENSATION OF THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS THROUGH ANALYSIS OF A COMPENSATION SURVEY FOR CERTIFIED DEVELOPMENT COMPANY (CDC) EXECUTIVES AND ANALYSIS OF IBFS SIZE/LOAN VOLUME IN COMPARISON TO THE NATIONAL AVERAGE SIZE/LOAN VOLUME FOR CDCS Governing documents etc available to public Part VI line 19 THE ORGANIZATION MAKES ALL REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.