Nonprofit · EIN 75-1823715
CAPROCK BUSINESS FINANCE CORPORATION INC
Tax-exempt · LUBBOCK, TX 79452
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $582,932 | $951,308 | -$368,376 | $2,089,242 | $470,131 | $1,619,111 |
| September 30, 2024 | 990 | $554,205 | $362,036 | $192,169 | $2,550,039 | $562,552 | $1,987,487 |
| September 30, 2023 | 990 | $546,125 | $290,712 | $255,413 | $2,210,820 | $415,502 | $1,795,318 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $490,293
- Investment income
- $60,969
- Net rental income
- $30,000
- Other revenue
- $31,670
Expenses
- Grants and similar amounts paid
- $584,760
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,541
- Accounting fees
- $12,459
- Occupancy
- $37,602
- Travel
- $23,227
- Depreciation
- $10,000
- Program services (functional)
- $903,015
- Management and general (functional)
- $48,293
Balance sheet and other
- Total assets, start of year
- $2,550,039
- Total assets, end of year
- $2,089,242
- Total liabilities, end of year
- $470,131
- Net assets, end of year
- $1,619,111
- Land, buildings and equipment
- $105,000
- Net assets without donor restrictions
- $1,619,111
- Gross receipts
- $582,932
- Employees
- 0
- Volunteers
- 18
- Year formed
- 1981
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY BALLINGER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GREG GARLAND | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BILL MCCAY | SECRETARY Trustee or director, Officer | 1 | $0 |
| BRENT HOFFMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| PAUL DANNEVIK | DIRECTOR Trustee or director | 1 | $0 |
| JON STEPHENS | DIRECTOR Trustee or director | 1 | $0 |
| TODD MCKEE | DIRECTOR Trustee or director | 1 | $0 |
| WILLIS MCCUTCHEON | DIRECTOR Trustee or director | 1 | $0 |
| SUZETTE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINE ALLEN | DIRECTOR Trustee or director | 1 | $0 |
| KRISTI ADAY | DIRECTOR Trustee or director | 1 | $0 |
| VICTORIA WHITEHEAD | DIRECTOR Trustee or director | 1 | $0 |
| RICK BOYD | DIRECTOR Trustee or director | 1 | $0 |
| JEFFREY HARPER | DIRECTOR Trustee or director | 1 | $0 |
| JACQUELINE VEGA | DIRECTOR Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DREW SMITH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY BALLINGER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GREG GARLAND | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BILL MCCAY | SECRETARY Trustee or director, Officer | 1 | $0 |
| BRENT HOFFMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| PAUL DANNEVIK | DIRECTOR Trustee or director | 1 | $0 |
| JON STEPHENS | DIRECTOR Trustee or director | 1 | $0 |
| TODD MCKEE | DIRECTOR Trustee or director | 1 | $0 |
| WILLIS MCCUTCHEON | DIRECTOR Trustee or director | 1 | $0 |
| SUZETTE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINE ALLEN | DIRECTOR Trustee or director | 1 | $0 |
| KRISTI ADAY | DIRECTOR Trustee or director | 1 | $0 |
| VICTORIA WHITEHEAD | DIRECTOR Trustee or director | 1 | $0 |
| RICK BOYD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY BALLINGER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GREG GARLAND | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BILL MCCAY | SECRETARY Trustee or director, Officer | 1 | $0 |
| BRENT HOFFMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| PAUL DANNEVIK | DIRECTOR Trustee or director | 1 | $0 |
| TODD MCKEE | DIRECTOR Trustee or director | 1 | $0 |
| WILLIS MCCUTCHEON | DIRECTOR Trustee or director | 1 | $0 |
| SUZETTE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN GERMAN | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINE ALLEN | DIRECTOR Trustee or director | 1 | $0 |
| KRISTI ADAY | DIRECTOR Trustee or director | 1 | $0 |
| RICK BOYD | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- FREEDOM STATION BOX 3730, LUBBOCK, TX 79452-0000
- Principal officer (990 for 2024)
- KELLY CRISWELL, FREEDOM STATION BOX 3730, LUBBOCK, TX 794523730
- Signed the 990
- KELLY CRISWELL, EXECUTIVE DIRECTOR
- Phone
- (806) 762-8721
- Website
- WWW.CAPROCK504.ORG
- Return prepared by
- PATTILLO BROWN & HILL LLP
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.
Program accomplishments
- CAPROCK ASSISTED 11 BUSINESSES IN OBTAINING AND FUNDING $7,912,000 IN SBA 504 LOANS IN THE CURRENT YEAR. PROGRAM TO DATE, CAPROCK HAS ORIGINATED 374 SBA 504 LOANS TOTALING $180,042,000 , SAVING AND CREATING MANY JOBS. THE GRANT AND LOCAL MATCH FUNDS ARE USED TO UNDERWRITE THE ONGOING REGIONAL ECONOMIC PROGRAM AT SOUTH PLAINS ASSOCIATION OF GOVERNMENTSExpenses $356,325 · revenue $490,293
- THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE FOR CRITICAL RENOVATIONS, FACILITY IMPROVEMENTS AND OTHER RELATED COSTS TO SUPPORT THE RELOCATION AND REMODEL OF THE BUILDING HOUSING THE SOUTH PLAINS ASSOCIATION OF GOVERNMENTS AND OTHER ORGANIZATIONS FOCUSED ON ECONOMIC DEVELOPMENT OF THE REGION. CAPROCK OFFICES ARE LOCATED IN THIS FACILITY.Expenses $539,671 · grants $584,760
- THE ORGANIZATION HOSTS THE WEST TEXAS SMALL BUSINESS SUMMIT TO PROVIDE SMALL BUSINESS OWNERS AND START-UP ENTREPRENEURS IN THE REGION THE OPPORTUNITY TO HEAR FROM PANELS OF EXPERTS AND CONNECT WITH RESOURCES TO HELP SUSTAIN AND GROW THEIR BUSINESSES. THE ORGANIZATION HOSTS OVER 100 PARTICIPANTS ANNUALLY.Expenses $7,019 · revenue $1,670
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 75-1823715
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1982
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,089,242
- Income (IRS master file)
- $582,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $582,932 | $951,308 | $2,089,242 | XML |
| 990 | September 2024 | $554,205 | $362,036 | $2,550,039 | XML |
| 990 | September 2023 | $546,125 | $290,712 | $2,210,820 | XML |
| 990 | September 2022 | $399,749 | $540,294 | $1,624,511 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 75-1823715).
Questions about CAPROCK BUSINESS FINANCE CORPORATION INC
- What is the EIN of CAPROCK BUSINESS FINANCE CORPORATION INC?
- The employer identification number (EIN) of CAPROCK BUSINESS FINANCE CORPORATION INC is 75-1823715.
- Is CAPROCK BUSINESS FINANCE CORPORATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1982.
- Are donations to CAPROCK BUSINESS FINANCE CORPORATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CAPROCK BUSINESS FINANCE CORPORATION INC 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 CAPROCK BUSINESS FINANCE CORPORATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPROCK BUSINESS FINANCE CORPORATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of CAPROCK BUSINESS FINANCE CORPORATION INC?
- The 990 for the year ended September 30, 2025 names KELLY CRISWELL.
- Who are the officers and directors of CAPROCK BUSINESS FINANCE CORPORATION INC?
- The 990 for the year ended September 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does CAPROCK BUSINESS FINANCE CORPORATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $582,932, expenses of $951,308 and total assets of $2,089,242 at year end.
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