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Border Financial Resources

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043835569 ✦ San luis, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Border Financial Resources?

Border Financial Resources is a nonprofit organization situated in San Luis, Arizona. Its primary mission is to offer financial assistance to small businesses and consumers through loans, as well as providing mortgage loans to low-to-moderate income families residing in Yuma County. By extending these financial services, the organization aims to contribute to the growth and development of local businesses and families in the area.


Official website here: www.comiteaz.com

What do the Facebook reviews say about Border Financial Resources?

Currently, Border Financial Resources has received limited feedback on Facebook, with only four reviews submitted. Despite this small sample size, the sentiment expressed is notably critical. One review outlines a deeply disappointing experience, highlighting issues with customer service and the fulfillment of warranties.

The reviewer explicitly mentioned regretting their decision to engage with the nonprofit and advised against recommending it to others, indicating a significant dissatisfaction with the organization's operations. Additionally, the reviewer noted that they had taken steps to file a complaint with the Better Business Bureau, which suggests serious concerns regarding trust and reliability.

Overall, the responses indicate that there is considerable room for improvement in customer service and responsiveness at Border Financial Resources. As it stands, potential users may want to approach with caution given the existing negative sentiment.


This AI summary has been generated from reviews found on Facebook.

Is Border Financial Resources legitimate?

Border Financial Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Border Financial Resources submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $119,189

For more financial information, click here


Official website here: www.comiteaz.com

What is the mission statement of Border Financial Resources?

Border Financial Resources is committed to providing financial assistance to small businesses and consumers, as well as offering mortgage loans to low and moderate-income families. Their mission is to extend consumer loans, home improvement loans, and financing opportunities for start-ups or small businesses owned by families with modest incomes. By offering these financial services, Border Financial Resources aims to contribute positively to the economic growth and stability of these communities.


Official website here: www.comiteaz.com

Who is the CEO of Border Financial Resources?

Marco Antonio Reyes is the Chairman of Border Financial Resources.


Official website here: www.comiteaz.com

What is the revenue of Border Financial Resources?

Border Financial Resources's revenue in 2022 was $256,015.


Official website here: www.comiteaz.com

Who are the executives of Border Financial Resources and what are their salaries?


Here are 6 key members and their salaries:


Jose I Gonzalez (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Sanchez (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Ortiz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Gomez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Guerrero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Antonio Reyes (Executive Director)
  • Compensation: $0
  • Related: $198,183
  • Other: $0


Official website here: www.comiteaz.com

Where can I find the form 990 for Border Financial Resources?

Border Financial Resources's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.comiteaz.com

Learn more at the official website: www.comiteaz.com

Mission Statement of Border Financial Resources

Border Financial Resources, as a mission-driven organization, is dedicated to providing financial assistance to small businesses and consumers, as well as offering mortgage loans to low and moderate-income families. By offering consumer loans, home improvement loans, and financing for start-ups or small businesses owned by low-to-moderate income families, Border Financial Resources seeks to contribute positively to the financial well-being of its clients. The organization's activities are geared towards fostering economic growth and stability within the communities it serves.

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Impact




October, 2024

Border Financial Resources plays a crucial role in enhancing the economic landscape of Yuma County, Arizona, by providing essential financing options to small businesses and low-to-moderate income families. Their commitment to offering consumer loans, home improvement loans, and startup financing enables individuals and businesses in the region to access the capital necessary for growth and development.

By targeting underserved communities, Border Financial Resources not only fosters entrepreneurship but also supports home ownership and improvements, ultimately contributing to community enhancement and stability. Their efforts help to empower families and create opportunities for economic advancement, laying the groundwork for overall community improvement and resilience. Through these financial services, they address the unique challenges faced by their clientele, making a significant impact on the local economy.




This information is meant to be a general summary of Border Financial Resources. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$256,015 (2022)
Expenses
$228,379 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30,842
  • Program Service Revenue: $8,044
  • Gross Receipts: $256,015

Assets and Liabilities:

  • Total Assets: $844,130
  • Total Liabilities: $311,621
  • Net Assets: $532,509

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUE

Revenue

$8,044

Organization Details

Founding Year

2005

Principal Officer

Marco Antonio Reyes

Main Address

PO BOX 7170, SAN LUIS, AZ, 85349

NTEE Category

Code: S40 - Community improvement

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