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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees Minnesota Business Finance Corporation Carol Anderson

Carol Anderson

Officer

Vice Chair at Minnesota Business Finance Corporation

Fiscal year ended September 30, 2024. Published on January 25, 2026.

$4,800
2024

Total compensation

Carol Anderson has been listed as an employee of Minnesota Business Finance Corporation in Form 990 filings since at least fiscal year 2016. Total compensation for Carol Anderson has increased by 23.1% from 2016 to 2024.

Annual compensation details

$4,800
±0%
Vice Chair
2024
$5k org
1 hr/wk
$4,800
±0%
Vice Chair
2023
$5k org
1 hr/wk
$4,800
Vice Chair
2022
$5k

Total compensation by year

Compare the compensation of Carol Anderson to:

2024

Other employees at Minnesota Business Finance Corporation

Thomas Saehr
Former President and Ceo/Boa
$380,146
$351,007 from orgNo related comp$29,139 other
Nadene Kruize
President and Chief Executive Officer
$303,728
$259,407 from orgNo related comp$44,321 other
Joseph Kammermeier
Vice President Business DE
$192,298
$158,090 from orgNo related comp$34,208 other
Terry Stein
Vice President Business DE
$185,231
$149,591 from orgNo related comp$35,640 other
Michael Stearns
Vice President Business DE
$176,981
$137,757 from orgNo related comp$39,224 other
Jennifer Fitzpatrick
Vice President LOAN Portf
$144,291
$113,322 from orgNo related comp$30,969 other
Sarah Borgman
Chief Credit Officer
$126,006
$101,919 from orgNo related comp$24,087 other
Maurice Durheim
Chair
$7,200
$7,200 from orgNo related compNo other comp
Bob Palmquist
Treasurer
$4,800
$4,800 from orgNo related compNo other comp
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Revisions to this profile

January 25, 2026:
2024 Minnesota Business Finance Corporation 990 published
January 25, 2026:
2023 Minnesota Business Finance Corporation 990 published
January 25, 2026:
2022 Minnesota Business Finance Corporation 990 published

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