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Organizations Business Finance Group Inc.

Business Finance Group Inc.

Fiscal year ending 2019. Filed on February 7, 2020.

3930 Pender Drive No 300
Fairfax, Virginia 22030

Business Finance Group Inc. (EIN: 54-1193174) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Business Finance Group Inc., a 501(c)(6) business league, reported compensation for 6 out of 35 total employees. Among the employees shown here, the average compensation is $193,710. The highest compensated employee at Business Finance Group Inc. is Richard Frank with fiscal year 2019 compensation of $298,012.

Revenue, expenses, and employee compensation

Revenue

$4,384,180

Expenses

$4,271,713

Employee compensation

$3,308,076
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Frank
President and Chief Executive Officer
$298,012
$286,550 No related comp$11,462
Jason Paisley
SR VICE President/Loan Officer
$187,762
$180,560 No related comp$7,202
Curt Solomon
SR VICE President/Loan Officer
$178,375
$171,660 No related comp$6,715
Angela Smith
Senior Vice President, Servicing DEPT
$173,984
$167,331 No related comp$6,653
Wayne Williams
Sr.Vice President/Sr.Lending Officer
$168,969
$162,490 No related comp$6,479
Evan Shaw
VICE President/Credit Manager
$155,156
$149,228 No related comp$5,928

Benchmark Employee Compensation

Non-Employee Board Members

Deborah Minor
Director
Hal Young
Secretary
Helen Propheter
Director
James Scanlon
Chair
John J Young
Assistant Secretary
Joseph B Humphries
Treasurer
Kerry J Donley
Vice Chair
Michael W Clarke
Director
Sarah Devoe
Director
Scot R Browning
Director
Susan Banks
Director
T Sean E Rogstad
Assistant Treasurer

Mission Statement

OUR MISSION IS TO HELP SMALL BUSINESSES SUCCEED THROUGH CREATIVE FINANCING SOLUTIONS DEVELOPED BY A QUALIFIED AND EXPERT TEAM OF PROBLEM SOLVERS. WE FOCUS ON STRENGTHENING COMMUNITIES AND PROMOTING ECONOMIC DEVELOPMENT THROUGH THE GROWTH OF OUR SMALL BUSINESS BORROWERS AS WELL AS THROUGH COMMUNITY SERVICE PROJECTS. WE PROVIDE OUTSTANDING CUSTOMER SERVICE TO OUR SMALL BUSINESSES AND OUR LENDING PARTNERS. WE FOSTER A WORK ENVIRONMENT THAT VALUES AND RESPECTS OUR STAFF.

Revisions to this organization profile

February 15, 2025:
2024 Business Finance Group Inc. 990 filed
February 12, 2024:
2023 Business Finance Group Inc. 990 filed
February 14, 2023:
2022 Business Finance Group Inc. 990 filed

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