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Filing year 2024

DAKOTA BUSINESS LENDING

Fargo, North Dakota·EIN 45-0443523·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$2.6M
Total assets
$8.9M
Total expenses
$3.3M
Reported officers
14
Mission

DAKOTA BUSINESS LENDING IS A SMALL BUSINESS RESOURCE THAT DRIVES ECONOMIC GROWTH BY:1. PROVIDING UNIQUE FINANCING OPPORTUNITIES2. POSITIVELY IMPACTING THE COMMUNITIES WE SERVE3. EDUCATING AND GUIDING SMALL BUSINESSES4. BUILDING PARTNERSHIPS THAT ADD VALUE AND CREATING AN ENVIRONMENT WHERE OUR TEAM MEMBERS THRIVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President & CEO
Above 90th percentile
$306k
$329k
Base
$193k
Bonus
$53k
Other
$12k
Benefits
$31k
Vp/loan Operations
Highest Compensated Employee
Median to 75th percentile
$173k
$186k
Base
$131k
Bonus
$7k
Other
Benefits
$24k
Senior Business Development/comme
Highest Compensated Employee
25th percentile to median
$137k
$147k
Sr. Credit Manager
Highest Compensated Employee
25th percentile to median
$132k
$142k
Business Development/comme
Highest Compensated Employee
25th percentile to median
$126k
$135k
Business Development/comme
Highest Compensated Employee
25th percentile to median
$125k
$135k
Director
Board Member
Below 10th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$2k
$2k
Chair
Board Chair
10th to 25th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$2k
$2k
Vice-chair
Officer (Unspecified)
$2k
$2k
Director
Board Member
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DAKOTA BUSINESS LENDING equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
9%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 12%
from 2023

From $272k in 2023 to $306k in 2024.

$272k
2023
$306k
2024
In today's dollarsEst.
Up 9% in real terms$301k to $329k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 12% from 2023 to 2024, while revenue fell 25%.

$272k in 2023 to $306k in 2024.
  • Highest Compensated Employee pay rose 15% from 2023 to 2024.
  • Board Member pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about DAKOTA BUSINESS LENDING

What does the Chief Executive Officer of DAKOTA BUSINESS LENDING earn?

In 2024, the Chief Executive Officer of DAKOTA BUSINESS LENDING received $305,720 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DAKOTA BUSINESS LENDING compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at DAKOTA BUSINESS LENDING falls in the top 10%. In 2024, the highest total compensation at DAKOTA BUSINESS LENDING equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are DAKOTA BUSINESS LENDING's revenue and expenses?

In 2024, DAKOTA BUSINESS LENDING reported $2.6M in total revenue and $3.3M in total expenses on its IRS Form 990.

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