1. Directory
  2. Virginia
  3. Fairfax
  4. Business Finance Group
EIN 54-1193174

Business Finance Group

IRS 501(c) type
501(c)(6)
Num. employees
26
City
Fairfax
State
Virginia
Year formed
1982
Most recent tax filings
2022-09-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Business Finance Group is the number 1, 504 non-profit lender in the Mid-Atlantic area financing commercial real estate and long term equipment for small businesses.
Total revenues
$4,589,110
2022
Total expenses
$4,313,184
2022
Total assets
$8,925,508
2022
Num. employees
26
2022

Program areas at Business Finance Group

The company was certified by the small Business administration to administer its 504 loan program. The program loans funds to qualified businesses to promote economic development and job creation and retention.in addition to its core sba 504 loan program, the company has been approved by the small Business administration as an intermediary lending pilot program lender (ilp) and as a community advantage lender (ca). The company serviced ilp program loans and ca program loans during the current fiscal year. These programs promote economic development.

Personnel at Business Finance Group

NameTitleCompensation
Richard G FrankPresident$386,374
Rick FrankPresident and Chief Executive Officer
Angela SmithSenior Vice President Loan Closing and Servicing Manager$195,997
Jason S. PaisleyCPA , Senior Vice President$306,023
Evan ShawVice President and Credit Mana$181,353
...and 2 more key personnel

Financials for Business Finance Group

RevenuesFYE 09/2022
Total grants, contributions, etc.$0
Program services$4,577,496
Investment income and dividends$8,944
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,670
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,589,110

Form 990s for Business Finance Group

Fiscal year endingDate received by IRSFormPDF link
2022-092023-02-14990View PDF
2021-092022-03-14990View PDF
2020-092021-06-30990View PDF
2019-092020-10-20990View PDF
2018-092019-05-14990View PDF
...and 8 more Form 990s
Data update history
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 23, 2023
Updated personnel
Identified 11 new personnel
October 7, 2022
Updated personnel
Identified 5 new personnel
May 21, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizations
Issues
Business and industry
Characteristics
No characteristics found
General information
Address
3930 Pender Dr 300
Fairfax, VA 22030
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
businessfinancegroup.org/ 
Phone
(800) 305-0504
Facebook page
BFG504 
Twitter profile
@bfg504 
IRS details
EIN
54-1193174
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
Free account sign-up

Want updates when Business Finance Group has new information, or want to find more organizations like Business Finance Group?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy