Border Financial Resources Inc

Organization Overview

Border Financial Resources Inc is located in San Luis, AZ. The organization was established in 2007. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Border Financial Resources Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Border Financial Resources Inc generated $355.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $192.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE LOANS TO SMALL BUSINESSES AND CONSUMER AND MORTGAGE LOANS TO LOW AND MODERATE INCOME FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED CONSUMER LOANS, HOME IMPROVEMENT LOANS AND FINANCING FOR START-UPS OR SMALL BUSINESSES OWNED BY LOW-TO-MODERATE INCOME FAMILIES IN YUMA COUNTY, ARIZONA.


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Board, Officers & Key Employees

Name (title)Compensation
Jose I Gonzalez
Chairman
$0
Carmen Ortiz
Treasurer
$0
Marco Antonio Reyes
Executive Director
$0
Hector Sanchez
Vice-Chairman
$0
Claudia Gomez
Secretary
$0
George Guerrero
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$61,855
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$258,800
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$320,655
Total Program Service Revenue$14,973
Investment income $19,729
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $355,357

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