Public Charity

CAPROCK BUSINESS FINANCE CORP INC

CAPROCK BUSINESS FINANCE CORP INC is a Public Charity headquartered in LUBBOCK, TX. Financial data from the 2024 filing: $554K revenue, $362K expenses, $2.6M total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $130K.

EIN: 751823715 LUBBOCK, TX Latest filing: 2024
Total Revenue$554K
Total Expenses$362K
Total Assets$2.6M
Grants Given5
Grant Total$130K
Filing Years2020–2024

Mission

ORIGINATE LOANS TO SMALL BUSINESSES TO SUPPORT ECONOMIC GROWTH AND EXPANSION; PROVIDE CONSULTING AND FINANCIAL COUNSELING SERVICES TO SMALL BUSINESSES WHICH WOULD OTHERWISE BE UNABLE TO ACQUIRE THESE TYPES OF SERVICES.

Sample Grants Given

SOUTH PLAINS ASSOCATION OF GOVERNMENTS
LUBBOCK, TX · 2023
ECO DEV GRANT MATCH FUNDS - SPEDD
$35,500
SOUTH PLAINS ASSOCATION OF GOVERNMENTS
LUBBOCK, TX · 2023
ECO DEV GRANT MATCH FUNDS - PANHANDLE CORE
$21,800
SOUTH PLAINS ASSOCATION OF GOVERNMENTS
LUBBOCK, TX · 2022
ECO DEV GRANT MATCH FUNDS - PANHANDLE CORE
$36,014
SOUTH PLAINS ASSOCATION OF GOVERNMENTS
LUBBOCK, TX · 2022
ECO DEV GRANT MATCH FUNDS - SPEDD
$30,769
SOUTH PLAINS ASSOCATION OF GOVERNMENTS
LUBBOCK, TX · 2022
ECO DEV GRANT MATCH FUNDS - PERMIAN CORE
$5,778

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

PRESIDENT Barry Ballinger
SECRETARY Bill Mccay
TREASURER Brent Hoffman
DIRECTOR Christine Allen
VICE PRESIDENT Greg Garland
DIRECTOR Jon Stephens

Officer compensation and complete director data available with membership.

Top Grant Purposes

ECO DEV GRANT MATCH FUNDS - SPEDD
$66,269 2 grants
ECO DEV GRANT MATCH FUNDS - PANHANDLE CORE
$57,814 2 grants
ECO DEV GRANT MATCH FUNDS - PERMIAN CORE
$5,778 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $554K $362K $2.6M
2023 $546K $291K $2.2M
2022 $400K $540K $1.6M
2021 $466K $434K $1.7M
2020 $310K $267K $1.7M

Between 2020 and 2024, reported annual revenue grew from $310K to $554K (+79%), with total assets most recently reported at $2.6M.

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

Grant Geography

Grants from this foundation were reported to recipients in TX.

TX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CAPROCK BUSINESS FINANCE CORP INC

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