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Filing year 2024

LAKE AGASSIZ CERTIFIED DEVELOPMENT COMPANY

Fargo, North Dakota·EIN 20-1390956·4
Total revenue
$431k
Total assets
$451k
Total expenses
$400k
Reported officers
13
Mission

THE LAKE AGASSIZ CERTIFIED DEVELOPMENT COMPANY (LACDC) IS A NON-PROFIT CORPORATION WHOSE MISSION IS TO ASSIST IN MAINTAINING AND ENHANCING THE ECONOMIC VIABILITY OF COMMUNITIES THROUGHOUT NORTH DAKOTA. IN THIS CAPACITY, LACDC PROVIDES FINANCIAL RESOURCES AND TECHNICAL ASSISTANCE, THROUGH FEDERAL, STATE, AND LOCAL PARTNERSHIPS, TO THE STATE'S SMALL BUSINESS ENTERPRISES.

Executive compensation

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

Base salaryExecutive compensation
Director
board member
$575
$619
Director
board member
$575
$619
Treasurer
officer (unspecified)
$550
$592
Vice President
vice president
$550
$592
Director
board member
$550
$592
Treasurer
officer (unspecified)
$525
$565
$500
$538
Secretary
officer (unspecified)
$450
$484
Director
board member
$225
$242
Director
board member
$200
$215

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 3 unpaid individuals.

Financial trend

Revenue and expenses over time

LAKE AGASSIZ CERTIFIED DEVELOPMENT COMPANY reported revenue and expenses across 2 filing years.

RevenueExpenses
$428k
$420k
2023
$431k
$400k
2024
Total revenue and total expenses from IRS Form 990 filings.
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