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  4. Caprock Business Finance Corporation
EIN 75-1823715

Caprock Business Finance Corporation

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Lubbock
State
Texas
Year formed
1981
Most recent tax filings
2022-09-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Caprock Business Finance Corporation originates loans to small businesses to support economic growth and expansion. The company also provides consulting and financial counseling services to small businesses that would otherwise be unable to acquire these types of services. Caprock has assisted 15 businesses in obtaining and funding $11,113,157 in SBA 504 loans in the current year. To date, Caprock has originated $147,958,608 in SBA 504 loans, saving and creating many jobs.
Total revenues
$399,749
2022
Total expenses
$540,294
2022
Total assets
$1,624,511
2022
Num. employees
0
2022

Program areas at Caprock Business Finance Corporation

Caprock assisted 15 businesses in obtaining and funding $11,113,157 in sba 504 loans in the current year. Program to date, Caprock has originated $147,958,608 in sba 504 loans saving and creating many jobs.

Personnel at Caprock Business Finance Corporation

NameTitleCompensation
Tim PierceExecutive Director$0
Barry BallingerPresident$0
Greg GarlandVice President$0
Commissioner Bill McCaySecretary$0
Brent HoffmanTreasurer / Director$0

Financials for Caprock Business Finance Corporation

RevenuesFYE 09/2022
Total grants, contributions, etc.$0
Program services$360,877
Investment income and dividends$8,622
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$30,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$250
Total revenues$399,749

Form 990s for Caprock Business Finance Corporation

Fiscal year endingDate received by IRSFormPDF link
2021-092022-02-15990View PDF
2020-092021-02-12990View PDF
2019-092020-11-13990View PDF
2018-092019-09-14990View PDF
2017-092018-11-15990View PDF
...and 7 more Form 990s

Organizations like Caprock Business Finance Corporation

OrganizationLocationRevenue
STL Partnership CDCSaint Louis, MO$360,117
East Texas Regional Development CompanyKilgore, TX$181,261
Louisiana Business LoansMonroe, LA$139,415
Northwest Loan FundSilverthorne, CO$458,915
Nepa Alliance Business Finance CorporationPittston, PA$339,489
504 CorporationRochester, MN$776,358
Capital Access Corporation KentuckyLouisville, KY$636,362
504 Capital CorporationChesapeake, VA$1,795,888
Resident Lenders of North CarolinaWake Forest, NC$300,197
Consumer Service Alliance of TexasAustin, TX$755,252
Data update history
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 11, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 2, 2022
Updated personnel
Identified 2 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
November 24, 2020
Updated personnel
Identified 2 new personnel
Nonprofit Types
Business and community development organizations
Issues
Business and industry
Characteristics
State / local levelNo full-time employees
General information
Address
Freedom Station Box 3730
Lubbock, TX 79452
Metro area
Lubbock, TX
Website URL
caprock504.org/ 
Phone
(806) 762-8721
IRS details
EIN
75-1823715
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1981
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
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