Public Charity

SUAZO BUSINESS CENTER

SUAZO BUSINESS CENTER, of SALT LAKE CITY, UT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.7M in revenue, $1.5M in expenses, $1.8M in total assets. 16 publicly reported grants to this organization, totaling roughly $325K, appear in IRS filings.

EIN: 043693364 SALT LAKE CITY, UT Ethnic & Immigrant Centers NTEE: P84 Latest filing: 2025
Total Revenue$1.7M
Total Expenses$1.5M
Total Assets$1.8M
Grant Records16
Funding Total$325K
Filing Years2021–2025

Mission

THE SUAZO BUSINESS CENTER IS A 501 (C)(3) NONPROFIT WHOSE MISSION IS TO FOCUS ON THE ECONOMIC EMPOWERMENT OF THE MINORITY COMMUNITY THROUGH ENTREPRENEURSHIP. WE WORK TO END CYCLES OF POVERTY, ELIMINATE GENERATIONAL WEALTH GAPS, AND BUILD SELF-RELIANCE THROUGH SMALL BUSINESS OWNERSHIP. WE ARE A SMALL BUSINESS AND WORKFORCE DEVELOPMENT EDUCATION RESOURCE COMMITTED TO THE DEVELOPMENT AND EMPOWERMENT OF THE LATINO / HISPANIC, AND OTHER UNDERSERVED, COMMUNITIES. WE SUPPORT EXISTING AND NEW MINORITY ENTREPRENEURS AND SMALL BUSINESS OWNERS IN BECOMING SELF-RELIANT AND BUILDING WEALTH.

Where $100 goes at Suazo Business Center

How Suazo Business Center divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$82 Programs the work itself
$10 Management running the organization
$8 Fundraising raising the next dollar

Inside the $82 for programs

$82
In fiscal year 2025, Suazo Business Center continued to drive inclusive economic growth for utahs underserved entrepreneurs
All program spending · Reported in the filing: 920 clients; 246 businesses; 1,091 jobs
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Blaine D Bagley
DIRECTOR Cheryle Caplinger
DIRECTOR Eli Madrigal
VICE CHAIR Howard M Headlee
DIRECTOR Jennifer Tarazon
DIRECTOR Jr Vera

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$267,429 13 grants
Economic Development
$30,000 1 grant
Unspecified
$27,663 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.7M $1.5M $1.8M
2024 $1.6M $1.5M $1.6M
2023 $1.5M $1.5M $1.4M
2022 $1.3M $1.2M $1.3M
2021 $1.0M $767K $1.2M

Between 2021 and 2025, reported annual revenue grew from $1.0M to $1.7M (+70%), with total assets most recently reported at $1.8M.

Interactive year-over-year charts and full filing details available with membership.

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