EIN 75-1823715

Caprock Business Finance Corporation

IRS 501(c) type
501(c)(6)
Num. employees
0
State
Year formed
1981
Most recent tax filings
2023-09-01
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
$546,125
2023
Total expenses
$290,712
2023
Total assets
$2,210,820
2023
Num. employees
0
2023

Program areas at Caprock Business Finance Corporation

Caprock assisted 8 businesses in obtaining and funding $9,532,389 in sba 504 loans in the current year. Program to date, Caprock has originated $166,121,000 in sba 504 loans saving and creating many jobs.
The organization hosts the west Texas small Business summit to provide small Business owners and start-up entrepreneurs in the region the opportunity to hear from panels of experts and connect with resources to help sustain and grow their businesses. The organization hosts over 100 participants annually.

Personnel at Caprock Business Finance Corporation

NameTitleCompensation
Tim PierceExecutive Director$0
Greg GarlandVice President$0
Barry BallingerPresident$0
Bill McCaySecretary$0
Brent HoffmanTreasurer / Director$0
...and 1 more key personnel

Financials for Caprock Business Finance Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$455,986
Investment income and dividends$56,689
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$3,450
Total revenues$546,125

Form 990s for Caprock Business Finance Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-14990View PDF
2022-092023-07-13990View PDF
2021-092022-02-15990View PDF
2020-092021-02-12990View PDF
2019-092020-11-13990View PDF
...and 9 more Form 990s
Data update history
September 23, 2024
Used new vendors
Identified 1 new vendor, including
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Updated personnel
Identified 1 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 11, 2022
Posted financials
Added Form 990 for fiscal year 2020
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
County
Lubbock County, 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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