CEN-TEX CERTIFIED DEVELOPMENT CORP
1011 SAN JACINTO 500, AUSTIN, TX 78701 www.bcloftexas.org

Total Revenue
$7,633,917
Total Expenses
$4,476,555
Net Assets
$11,993,248

Organizations Filed Purposes: 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.

TO ASSIST AND PROMOTE THE GROWTH AND DEVELOPMENT OF SMALL BUSINESSES IN TEXAS AND TO FACILITATE HOUSING INITIATIVES.

BUSINESS LENDING - THE ORGANIZATION PROCESSES AND SERVICES SBA GUARANTEED 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 2019, THE ORGANIZATION DISBURSED OVER $13 MILLION IN LOANS.

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.

HOUSING AND HOME OWNERSHIP - THE ORGANIZATION HELPS FAMILIES SECURE A HOME OF THEIR OWN AND BUILD THEIR ASSETS. THE ORGANIZATION'S SPECIALISTS WORK TO BUILD A CUSTOMIZED PLAN WITH CLIENTS TO HELP THEM ACHIEVE THEIR GOALS AT THEIR OWN PACE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Rosa Rios-ValdezEXECUTIVE DIRECTOR40$150,000
Dora ZapataDIRECTOR1$0
Melissa ChamradDIRECTOR1$0
Larry DovalinaDIRECTOR1$0
Stacy BowersDIRECTOR1$0
William SutherlandDIRECTOR1$0
Liz AllenSECRETARY1$0
Harry Looknanan JrTREASURER1$0
David SalinasCHAIR ELECT3$0
David BrennanPRESIDENT3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202120209349300707_public.xml