Dakota Business Lending
Dakota Business Lending
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About this organization
Mission
To bring a variety of finance tools to North Dakota businesses, working in conjunction with financial institutions and economic development organizations across the state and to support those activities which enhance economic development in North Dakota.
About
SBA 504 program, 28 loans funded in 2018, 970 funded program to date.
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “To bring a variety of finance tools to north dakota businesses, working in conjunction with financial institutions and economic development organizations across the state and to support those activities which enhance economic development in north dakota.”.
When talking about its functions, they were outlined as: “To bring a variety of finance tools to north dakota businesses, working in conjunction with financial institutions and economic development organizations across the state and to support those activities which enhance economic development in north dakota.”.
- The legally reported state of operation for the non-profit is ND.
- According to the filing, the non-profit's address in 2019 is 5630 36TH AVE S, FARGO, ND, 58104.
- The non-profit organization as of 2019 has a total of 15 employees reported on their form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$133,216.
- The organization has 9 independent voting members.
- The organization was formed in 1996.
- The organization pays $797,076 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.