SUAZO BUSINESS CENTER

As filed

Subsection

03

NTEE code

P842

Classification

1200

Street

960 W 1700 S

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• IN FISCAL YEAR 2025, SUAZO BUSINESS CENTER CONTINUED TO DRIVE INCLUSIVE ECONOMIC GROWTH FOR UTAHS UNDERSERVED ENTREPRENEURS. BUILDING ON OUR CDFI CERTIFICATION, WE EXPANDED ACCESS TO CAPITAL AND DELIVERED BILINGUAL TRAINING THAT EQUIPS CLIENTS TO LAUNCH, SUSTAIN, AND GROW THEIR BUSINESSES. SUAZO SERVED 920 UNDUPLICATED CLIENTS, LAUNCHED 246 NEW BUSINESSES, CREATED OR RETAINED 1,091 JOBS, AND DELIVERED 2,361 BUSINESS ADVISING SESSIONS. 95% OF PARTICIPANTS WERE LOW-TO-MODERATE INCOME AND 99% IDENTIFIED AS MINORITIES. OUR WORK CONTINUES TO LEVEL THE PLAYING FIELD, STRENGTHENING FAMILY LIVELIHOODS AND ADVANCING ECONOMIC EQUITY ACROSS UTAHS DIVERSE COMMUNITIES.

  Expenses $1,173,442 · Grants $26,060 · Revenue $138,204

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,705,273

  Expenses

  $1,529,015

  Contributions

  $1,556,254

  Grants paid

  $26,060

• 2023

  Revenue

  $1,593,220

  Expenses

  $1,459,275

  Contributions

  $1,447,419

  Grants paid

  $67,733

• 2022

  Revenue

  $1,540,347

  Expenses

  $1,479,831

  Contributions

  $1,459,068

  Grants paid

  $8,614

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,289,713

  Expenses

  $1,174,247

  Assets (EOY)

  $1,347,138

• 2020 · 990

  Revenue

  $1,001,174

  Expenses

  $767,081

  Assets (EOY)

  $1,205,650

• 2019 · 990

  Revenue

  $624,916

  Expenses

  $482,990

  Assets (EOY)

  $1,014,987

• 2018 · 990

  Revenue

  $535,635

  Expenses

  $434,393

  Assets (EOY)

  $803,400

• 2016 · 990

  Revenue

  $382,848

  Expenses

  $447,037

  Assets (EOY)

  $652,704

• 2015 · 990

  Revenue

  $296,680

  Expenses

  $449,615

  Assets (EOY)

  $728,926

• 2014 · 990

  Revenue

  $440,726

  Expenses

  $332,746

  Assets (EOY)

  $870,816

• 2013 · 990

  Revenue

  $430,822

  Expenses

  $284,608

  Assets (EOY)

  $766,435

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $330,750

  Assets (EOY)

  $614,498

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $300,335

  Assets (EOY)

  $715,488

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• DEE'S INC

  $10,000

  2023

• CHOPPER LANDSCAPING

  $10,000

  2023

• ENTERPRISE 600 LLC

  $8,000

  2023

Where these grants went next →

Grants received

• CHARITIES AID FOUNDATION AMERICA

  $55,000

  2023 · CHARITABLE DONATION

• GOLDMAN SACHS CHARITABLE GIFT FUND

  $35,000

  2023 · COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

• GOLDMAN SACHS CHARITABLE GIFT FUND

  $35,000

  2024 · COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

• SILICON VALLEY COMMUNITY FOUNDATION

  $30,000

  2023 · Community Development

• MONTANA COMMUNITY DEVELOPMENT CORPORATION

  $27,663

  2023 · HISPANIC OUTREACH

• STAND TOGETHER FOUNDATION

  $25,000

  2022 · GENERAL OPERATING

• LIFE LIFTED CHARITIES

  $20,000

  2023 · GENERAL SUPPORT

• THE COMMUNITY FOUNDATION OF UTAH

  $12,400

  2024 · General Support

• GOLDMAN SACHS CHARITABLE GIFT FUND

  $10,000

  2022 · COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

• MIGHTYCAUSE CHARITABLE FOUNDATION

  $8,779

  2022 · UNRESTRICTED

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files