NonprofitsBusiness And Community Lenders Of Texas

Community Improvement & Capacity Building

Business And Community Lenders Of Texas

AUSTIN, TX

Total revenue

$2.7M

Total expenses

$4.5M

Net assets

$12.4M

Grants received

$4.5M

21 grants

EIN

742581297

Tax year

2024

Mission

To further the economic development of texas by promoting and assisting in the growth and development of small business concerns and to assist in the development of affordable housing for low and moderate income families.

Programs

3 programs

Community development - the organization counseled over 1,000 families on home foreclosure and mitigation, and over 800 businesses with management counseling, business marketing, growth strategies, and general business start up and development.

Expenses: $485K

Housing and home ownership - the organization helps families secure a home of their own and build their assets. The organizations specialists work to build a customized plan with clients to help them achieve their goals at their own pace.

Expenses: $390K

Entrepreneurship - the organization uses its knowledge and experience to help small businesses meet their goals.

Expenses: $385K

Financials

FY 2024

Revenue

Contributions & grants$755K
Program service revenue$1.7M
Investment income$228K
Other revenue
Total revenue$2.7M

Expenses

Grants paid$653K
Salaries & benefits$1.3M
Fundraising
Other expenses$2.6M
Total expenses$4.5M
Total assets$24.1M
Net assets$12.4M

People

11 listed

NameRoleCompensation

RAQUEL VALDEZ SANCHEZ

CHIEF EXECUTIVE OFFICER

Board

$178K

40 hrs/wk

ROSA RIOS VALDEZ

FORMER CEO

Board

$73K

40 hrs/wk

JUDY CANALES

TREASURER

Board

1 hrs/wk

ANDRES GARZA JR

SECRETARY

Board

1 hrs/wk

MELISSA ROBINSON

DIRECTOR

Board

1 hrs/wk

WILLIAM SUTHERLAND

CHAIR

Board

3 hrs/wk

TANNER MOORE

DIRECTOR

Board

1 hrs/wk

DAVID SALINAS

DIRECTOR

Board

1 hrs/wk

BRANDON JONES

DIRECTOR

Board

1 hrs/wk

DAVID BRENNAN

DIRECTOR

Board

1 hrs/wk

STACY BOWERS

VICE CHAIR

Board

1 hrs/wk

Grants received

Showing 21 of 21

FromAmountPurposeYear
$20K
GENERAL SUPPORT
2024
$15K
FINANCIAL CAPABILITY
2024
$250K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2023
$100K
PROGRAM OPS COST
2023
$75K
HEALTHY INDIVIDUALS AND COMMUNITIES
2023
$6K
SMALL DOLLAR LENDING
2023
$250K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2022
$210K
ADVISED - TO HELP BUSINESS AND COMMUNITY LENDERS SUPPORT DIVERSE COMMUNITIES TO ACQUIRE WEALTH-BUILDING ASSETS SUCH AS HOMEOWNERSHIP AND ENTREPRENEURSHIP. WITH THE FINANCIAL TOOLS AND EDUCATION NECESSARY TO BUILD PERSONAL NET WORTH IN DALLAS.
2022
$20K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2022
$250K
FINANCE JUSTICE FUND SUBGRANT
2021
$12K
SMALL DOLLAR LENDING
2021
$10K
ALL TOGETHER ATX
2020
$5K
FINANCIAL LITERACY
2020
$505K
EXPENDABLE GRANTS
2017

Funded by

$4.5M from 13 funders · 21 grants · 2017–2024

Neighborhood Reinvestment Corporation

$3.3M · 7 grants · 2017–2023

Jpmorgan Chase Foundation

$500K · 2 grants · 2022–2023

Opportunity Finance Network

$250K · 1 grant · 2021

The San Francisco Foundation

$210K · 1 grant · 2022

Tides Foundation

$75K · 1 grant · 2023

Austin Community Foundation Inc

$20K · 1 grant · 2024

Details

EIN742581297
NTEE codeS30Z
Subsection03
Ruling date1992-07
Formed1990
Employees18
Volunteers0
BUSINESS AND COMMUNITY LENDERS OF TEXAS — Mission, Financials & Grants Received | Grantivo