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BUSINESS FINANCE GROUP INC

EIN: 54-1193174Fairfax, VAZIP: 22030
501(c)(6)

Mission

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.

Financials

YearRevenueExpensesAssets
2023$5.1M$0$8.3M
2022$4.7M$0$8.2M

Compensation

2023

RICHARD FRANK
President/ceo
chief executive officer
$299,978
$100,000
$13,020
$424,818
GERALD BAROUDI
Sr. Vice President/loan of
highest compensated employee
$87,500
$173,230
$17,228
$287,972
ANGELA SMITH
Sr. Vice President,service
vice president
$174,641
$23,515
$13,020
$219,582
MELISSA BURROUGHS
Vp/loan Officer
highest compensated employee
$85,000
$92,611
$13,020
$198,432
MARC OHLER
Chief Credit Officer
highest compensated employee
$157,208
$21,083
$13,020
$197,018
SHARON MASIN
Director, Finance & Acc
chief financial officer
$144,317
$18,515
$19,894
$189,991
JOSEPH B HUMPHRIES
Treasurer
board treasurer
$0
$0
$0
$0
T SEAN E ROGSTAD
Past Chairman
board chair
$0
$0
$0
$0
JOHN J YOUNG
Assistant Treasurer
board treasurer
$0
$0
$0
$0
SCOT R BROWNING
Vice Chairman
board vice chair
$0
$0
$0
$0
MICHAEL W CLARKE
Director
board member
$0
$0
$0
$0
SARAH DEVOE
Chairman
board chair
$0
$0
$0
$0
DEBORAH MINOR
Director
board member
$0
$0
$0
$0
HELEN PROPHETER
Assistant Secretary
board secretary
$0
$0
$0
$0
JOHN BAIOCCO
Director
board member
$0
$0
$0
$0
CARL HAIRSTON
Secretary
board secretary
$0
$0
$0
$0
AL GARCIA
Director
board member
$0
$0
$0
$0
JENNIFER JONES
Director
board member
$0
$0
$0
$0
JAMES SCANLON
Director
board member
$0
$0
$0
$0

2022

RICHARD FRANK
President/CEO
chief executive officer
$289,975
$100,000
$12,120
$415,720
ANGELA SMITH
Sr. Vice President, Servic
vice president
$168,967
$23,515
$15,614
$216,379
GERALD BAROUDI
Sr. Vice President/Loan Of
highest compensated employee
$87,500
$105,984
$12,795
$214,510
JASON PAISLEY
Sr. Vice President/Loan Of
highest compensated employee
$87,500
$98,126
$12,120
$205,635
MARC OHLER
Chief Credit Officer
highest compensated employee
$142,123
$33,515
$12,120
$193,222
SHARON MASIN
Director, Finance & Acc
chief financial officer
$138,525
$18,515
$19,254
$183,305
CARL HAIRSTON
Director
board member
$0
$0
$0
$0
JAMES SCANLON
Director
board member
$0
$0
$0
$0
TOMMIE CRITCHFIELD
Secretary
board secretary
$0
$0
$0
$0
JOSEPH B HUMPHRIES
Treasurer
board treasurer
$0
$0
$0
$0
T SEAN E ROGSTAD
Past Chairman
board chair
$0
$0
$0
$0
JOHN J YOUNG
Assistant Treasurer
board treasurer
$0
$0
$0
$0
SUSAN BANKS
Director
board member
$0
$0
$0
$0
SCOT R BROWNING
Vice Chairman
board vice chair
$0
$0
$0
$0
MICHAEL W CLARKE
Director
board member
$0
$0
$0
$0
SARAH DEVOE
Chairman
board chair
$0
$0
$0
$0
DEBORAH MINOR
Director
board member
$0
$0
$0
$0
HELEN PROPHETER
Assistant Secretary
board secretary
$0
$0
$0
$0
JOHN BAIOCCO
Director
board member
$0
$0
$0
$0

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Learn more

Data from IRS Form 990 filings (2022-2023).