Nonprofit · EIN 74-2581297
BUSINESS AND COMMUNITY LENDERS OF TEXAS
Tax-exempt · AUSTIN, TX 78701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,686,570 | $4,528,831 | -$1,842,261 | $24,120,283 | $11,770,003 | $12,350,280 |
| June 30, 2024 | 990 | $3,088,394 | $3,968,657 | -$880,263 | $26,883,300 | $12,690,759 | $14,192,541 |
| June 30, 2023 | 990 | $3,744,979 | $4,096,470 | -$351,491 | $28,558,255 | $13,485,451 | $15,072,804 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $755,075
- Program service revenue
- $1,703,016
- Investment income
- $228,479
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $653,419
- Compensation of officers, directors and key employees
- $265,900
- Other salaries and wages
- $793,385
- Salaries, compensation and benefits (total)
- $1,278,170
- Professional fundraising fees
- $0
- Occupancy
- $343,101
- Travel
- $34,275
- Depreciation
- $25,994
- Program services (functional)
- $3,876,165
- Management and general (functional)
- $652,666
Balance sheet and other
- Total assets, start of year
- $26,883,300
- Total assets, end of year
- $24,120,283
- Total liabilities, end of year
- $11,770,003
- Net assets, end of year
- $12,350,280
- Land, buildings and equipment
- $94,057
- Net assets without donor restrictions
- $12,292,493
- Net assets with donor restrictions
- $57,787
- Gross receipts
- $2,686,570
- Employees
- 18
- Volunteers
- 0
- Year formed
- 1990
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RAQUEL VALDEZ SANCHEZ | CHIEF EXECUTIVE OFFICER Officer | 40 | $178,333 | $10,579 |
| ROSA RIOS VALDEZ | FORMER CEO Officer | 40 | $73,167 | $3,821 |
| WILLIAM SUTHERLAND | CHAIR Trustee or director | 3 | $0 | $0 |
| STACY BOWERS | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| JUDY CANALES | TREASURER Trustee or director | 1 | $0 | $0 |
| ANDRES GARZA JR | SECRETARY Trustee or director | 1 | $0 | $0 |
| MELISSA ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID BRENNAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TANNER MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID SALINAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRANDON JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROSA RIOS VALDEZ | CHIEF EXECUTIVE OFFICER Officer | 40 | $156,240 | $7,642 |
| WILLIAM SUTHERLAND | CHAIR Trustee or director | 3 | $0 | $0 |
| STACY BOWERS | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| JUDY CANALES | TREASURER Trustee or director | 1 | $0 | $0 |
| DORA ZAPATA | SECRETARY Trustee or director | 1 | $0 | $0 |
| MELISSA CHAMRAD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID BRENNAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARINA GARCIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID SALINAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROSA RIOS VALDEZ | CHIEF EXECUTIVE OFFICER Officer | 40 | $150,000 | $10,642 |
| DAVID SALINAS | CHAIR Trustee or director | 3 | $0 | $0 |
| WILLIAM SUTHERLAND | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| STACY BOWERS | TREASURER Trustee or director | 1 | $0 | $0 |
| JUDY CANALES | SECRETARY Trustee or director | 1 | $0 | $0 |
| DAVID BRENNAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DORA ZAPATA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDRES GARZA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA CHAMRAD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARINA GARCIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1011 SAN JACINTO BLVD STE 500, AUSTIN, TX 78701-1952
- Principal officer (990 for 2024)
- RAQUEL VALDEZ SANCHEZ, 1011 SAN JACINTO 500, AUSTIN, TX 78701
- Signed the 990
- RAQUEL VALDEZ SANCHEZ, CEO
- Phone
- (512) 912-9884
- Website
- WWW.BCLOFTEXAS.ORG
- Return prepared by
- West Davis & Company LLP
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.
Program accomplishments
- BUSINESS LENDING - THE ORGANIZATION PROCESSES AND SERVICES SBA LOANS FOR SMALL BUSINESSES THAT DO NOT QUALIFY FOR CONVENTIONAL FINANCING. LOANS ARE MADE TO SMALL BUSINESSES FROM GRANT FUNDS AND CONTRIBUTIONS FROM VARIOUS BUSINESSES AND LOCAL GOVERNMENTS AS WELL AS INTEREST EARNINGS AND PRINCIPAL RETURNED TO THE LOAN FUND POOL. DURING FISCAL YEAR 2025, THE ORGANIZATION DISBURSED OVER $2 MILLION IN LOANS.Expenses $2,616,810 · grants $653,419 · revenue $9
- 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 $484,685 · revenue $745,368
- 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 $390,079 · revenue $157,244
- ENTREPRENEURSHIP - THE ORGANIZATION USES ITS KNOWLEDGE AND EXPERIENCE TO HELP SMALL BUSINESSES MEET THEIR GOALS.Expenses $384,591
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2581297
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30Z)
- Assets (IRS master file)
- $24,120,283
- Income (IRS master file)
- $2,686,570
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,686,570 | $4,528,831 | $24,120,283 | XML |
| 990 | June 2024 | $3,088,394 | $3,968,657 | $26,883,300 | XML |
| 990 | June 2023 | $3,744,979 | $4,096,470 | $28,558,255 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2581297).
Questions about BUSINESS AND COMMUNITY LENDERS OF TEXAS
- What is the EIN of BUSINESS AND COMMUNITY LENDERS OF TEXAS?
- The employer identification number (EIN) of BUSINESS AND COMMUNITY LENDERS OF TEXAS is 74-2581297.
- Is BUSINESS AND COMMUNITY LENDERS OF TEXAS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to BUSINESS AND COMMUNITY LENDERS OF TEXAS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUSINESS AND COMMUNITY LENDERS OF TEXAS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BUSINESS AND COMMUNITY LENDERS OF TEXAS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUSINESS AND COMMUNITY LENDERS OF TEXAS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BUSINESS AND COMMUNITY LENDERS OF TEXAS?
- The 990 for the year ended June 30, 2025 names RAQUEL VALDEZ SANCHEZ.
- Who are the officers and directors of BUSINESS AND COMMUNITY LENDERS OF TEXAS?
- The 990 for the year ended June 30, 2025 lists 11 people; 2 received compensation from the organization, the highest $178,333 (RAQUEL VALDEZ SANCHEZ, CHIEF EXECUTIVE OFFICER).
- How much revenue does BUSINESS AND COMMUNITY LENDERS OF TEXAS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,686,570, expenses of $4,528,831 and total assets of $24,120,283 at year end.
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