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Organizations Community Improvement & Capacity Building Black Hills Community Loan Fund Inc.

Black Hills Community Loan Fund Inc.

Fiscal year ending 2024. Filed on November 16, 2025.

1764 Centre St Ste 1
Rapid City, South Dakota 57703

Black Hills Community Loan Fund Inc. (EIN: 26-2504959) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Black Hills Community Loan Fund Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 10 total employees. Among the employees shown here, the average compensation is $68,119. The highest compensated employee at Black Hills Community Loan Fund Inc. is Barbara Schmitt with fiscal year 2024 compensation of $79,181.

Revenue, expenses, and employee compensation

Revenue

$1,661,295

Expenses

$882,795

Employee compensation

$552,256
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Barbara Schmitt
Executive Director
$79,181
$79,181 No related compNo other comp
Eileen Lafferty
Executive Director
$57,056
$57,056 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Cassandra Palmier
Treasurer
$3,000
$3,000 No related compNo other comp
Ramona Harrington
Director
$3,000
$3,000 No related compNo other comp
Bonnie Lebeau
Secretary
$2,500
$2,500 No related compNo other comp
Tanya Fiddler
President
$2,500
$2,500 No related compNo other comp
Yolanda Garcia
Director
No compensation reported

Mission Statement

TO CREATE FINANCIAL OPPORTUNITIES FOR PEOPLE WHO ARE NOT BEING ECONOMICALLY SERVED BY TYPICAL LENDING INSTITUTIONS IN RAPID CITY, SOUTH DAKOTA AND SURROUNDING COMMUNITIES.

Revisions to this organization profile

November 16, 2025:
2024 Black Hills Community Loan Fund Inc. 990 filed
November 14, 2024:
2023 Black Hills Community Loan Fund Inc. 990 filed
November 15, 2023:
2022 Black Hills Community Loan Fund Inc. 990 filed

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