2025-06-26T16:24:38-05:00 2024-12-31 943108253 NOVOGRADAC & COMPANY LLP 3780 KILROY AIRPORT WAY SUITE 330 LONG BEACH CA 90806 990 2024-01-01 043835569 BORDER FINANCIAL RESOURCES BORD 9286278559 PO BOX 7170 SAN LUIS AZ 85349 MARCO ANTONIO REYES EXECUTIVE DIRECTOR 9286278559 2025-06-26 1 0 JUSTIN CHUBB LURYA P01989897 5624329482 2024 2025-03-06 01:10:19Z SOUTHERN ARIZONA RESIDENTIAL MORTGAGE MARCO ANTONIO REYES PO BOX 7170 SAN LUIS AZ 85349 229580 0 X WWW.COMITEAZ.COM X 2005 AZ PROVIDE LOANS TO SMALL BUSINESSES AND CONSUMERS ALONG WITH MORTGAGE LOANS TO LOW AND MODERATE INCOME FAMILIES. 4 4 0 0 0 0 125000 181247 8313 13220 38158 35113 0 0 171471 229580 0 0 0 0 178762 221472 0 0 0 93786 102542 272548 324014 -101077 -94434 833353 853862 401921 516864 431432 336998 PROVIDE LOANS TO SMALL BUSINESSES AND CONSUMERS ALONG WITH MORTGAGE LOANS TO LOW AND MODERATE INCOME FAMILIES. 0 0 259209 13220 PROVIDED CONSUMER LOANS, HOME IMPROVEMENT LOANS AND FINANCING FOR START-UPS OR SMALL BUSINESSES OWNED BY LOW-TO-MODERATE INCOME FAMILIES IN YUMA COUNTY, ARIZONA. 259209 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X COMITE DE BIEN ESTAR 9286278559 963 EAST B STREET SAN LUIS AZ 85349 JOSE I GONZALEZ CHAIRMAN 3.00 X X 0 0 0 CARMEN ORTIZ TREASURER 3.00 X X 0 0 0 CLAUDIA GAMEZ SECRETARY 3.00 X 0 0 0 GEORGE GUERRERO VICE CHAIRMAN 3.00 X 0 0 0 MARCO ANTONIO REYES EXECUTIVE DIRECTOR 40.00 X 0 228652 0 0 228652 0 0 0 1 0 0 131247 50000 181247 PROGRAM REVENUE 522291 13220 13220 13220 35113 35113 229580 48333 0 0 169063 135250 33813 5293 4234 1059 34418 27534 6884 12698 10158 2540 26 21 5 9000 7200 1800 31311 25049 6262 2608 2086 522 1606 1285 321 447 358 89 7228 5782 1446 10860 8688 2172 764 611 153 4266 3413 853 7368 5894 1474 REPAIRS AND MAINTENANCE 20276 16221 4055 LOAN FEES 4356 3485 871 BAD DEBT 1603 1282 321 TAXES AND LICENSES 823 658 165 324014 259209 64805 0 156938 99445 255847 281460 2066 2618 418157 469994 345 345 23119 23119 0 0 833353 853862 5761 7906 80000 80000 316160 428958 401921 516864 X 329939 220093 101493 116905 431432 336998 833353 853862 -94434 0 X X 0 1 X 1 1 1 X 204777 320655 217129 125000 181247 1048808 11637 14973 8044 8313 13220 56187 216414 335628 225173 133313 194467 1104995 0 0 0 1104995 19976 19729 30842 38158 35113 143818 19976 19729 30842 38158 35113 143818 236390 355357 256015 171471 229580 1248813 0.88480 0.90020 0.11520 0.09980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23119 23119 0 0 RELATED PARTY PAYABLE 428958 428958 X 228030 0 228030 1550 1550 229580 322464 0 322464 1550 1550 324014 PART X, LINE 2: THE PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES COMITE AND SUBSIDIARIES TO REPORT INFORMATION REGARDING THEIR EXPOSURE TO VARIOUS TAX POSITIONS TAKEN. MANAGEMENT HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION HRESHOLD AND HAS MEASURED THEIR EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT COMITE AND SUBSIDIARIES HAVE ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: LATE FEES BAD DEBT RECOVERY PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT 0 0 0 0 1 0 0 0 0 MARCO ANTONIO REYES EXECUTIVE DIRECTOR 0 228652 0 0 0 0 0 0 0 0 0 228652 0 0 PART I, LINE 5 THE EXECUTIVE DIRECTOR'S COMPENSATION CONTRACT INCLUDES BONUSES BASED ON PERFORMANCE RELATED BENCHMARKS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE DIRECTOR AND THE EXECUTIVE DIRECTOR REVIEW THE RETURN FIRST. THEN IT IS REVIEWED BY THE AUDIT COMMITTEE AND BOARD OF DIRECTORS AND SUBMITTED FOR APPROVAL AT THE NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 12C WHEN A CONFLICT OF INTEREST ARISES, A MEMO OF DISCLOSURE AND RATIONALE MUST BE PROVIDED BY THE EMPLOYEE OR BOARD MEMBER. THE MEMO IS ADDRESSED TO THE EXECUTIVE COMMITTEE, WHO WILL REVIEW IT AND MAKE A RECOMMENDATION TO THE BOARD OF DIRECTORS. THE MEMO MUST CONTAIN A DESCRIPTION OF THE CIRCUMSTANCES, THE KIND OF ASSISTANCE, SOURCE OF ASSISTANCE, AND AVAILABILITY OF THE PRODUCT OR SERVICE ELSEWHERE, AND THE RATIONALE FOR PROVIDING THE ASSISTANCE, PRODUCT OR SERVICE, OR HIRING THE RELATIVE. IF THE POTENTIAL CONFLICT INVOLVES FEDERAL FUNDS, THEN THE FUNDING AGENCY IS CONTACTED TO REQUEST PERMISSION AND A CONFLICT OF INTEREST FORM IS DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S CONTRACT IS PAID BY COMITE DE BIEN ESTAR, THE CONTROLLING RELATED ENTITY. THE CONTRACT IS REVIEWED AND APPROVED BY COMITE'S BOARD OF DIRECTORS USING THE "REBUTTABLE COMPENSATION CHECKLIST" WHICH IS SUBMITTED TO THE HUMAN RESOURCES DEPARTMENT. OTHER OFFICERS AND KEY EMPLOYEES' SALARY IS DETERMINED BY THE HUMAN RESOURCES DEPARTMENT'S SURVEY OF COMPARABLE DATA, THE EMPLOYEE'S LENGTH OF SERVICE, EMPLOYEE EVALUATION, AND EDUCATION. THEY ARE APPROVED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 A WRITTEN REQUEST FOR COPIES MUST BE MADE TO THE ADMINISTRATIVE OFFICE OF COMITE DE BIEN ESTAR. THE IRS FORM 990 IS ALSO AVAILABLE TO THE PUBLIC ON GUIDESTAR. FORM 990, PART XII, LINE 2C: THE ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED. COMITE DE BIEN ESTAR INC 963 EAST B STREET SAN LUIS AZ 85349 860427342 COMMUNITY SERVICE PROGRAMS AZ 501(C)(3) 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 COMITE DE BIEN ESTAR O 228652 COST COMITE DE BIEN ESTAR E 428958 COST