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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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Organizations Public & Societal Benefit Carolina Small Business Development Fund

Carolina Small Business Development Fund

Fiscal year ending 2025. Filed on November 13, 2025.

3128 Highwoods Blvd 170
Raleigh, North Carolina 27604

Carolina Small Business Development Fund (EIN: 58-1903219) has filed an IRS Form 990 between fiscal years 2018 and 2025. In its fiscal year 2025 IRS Form 990 filing, Carolina Small Business Development Fund, a 501(c)(3) charitable organization, reported compensation for 7 out of 43 total employees. Among the employees shown here, the average compensation is $142,830. The highest compensated employee at Carolina Small Business Development Fund is Kevin Dick with fiscal year 2025 compensation of $233,665.

Revenue, expenses, and employee compensation

Revenue

$7,889,556

Expenses

$7,524,139

Employee compensation

$4,244,156
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kevin Dick
President and Chief Executive Officer
$233,665
$212,094 No related comp$21,571
Mark Royster Jr
Senior Vice President, Chief Credit Officer
$164,765
$146,911 No related comp$17,854
Lori Diaz
Vice President, Business Solutions
$130,751
$114,154 No related comp$16,597
Meryl Olson
Chief Financial Officer and Vice President
$126,757
$113,153 No related comp$13,604
Surilma Anuel
Western Women'S Director
$117,262
$101,943 No related comp$15,319
Reginold Jones
Business Solutions Director
$114,281
$108,018 No related comp$6,263
Lindsey Brent Allison
Loan Portfolio Director
$112,331
$106,018 No related comp$6,313

Benchmark Employee Compensation

Non-Employee Board Members

Bobby Robinson
Vice Chair
Brian Hedges
Board Member
Dr Joseph Fox
Board Member
Huntley Garriot
Chair
Jeff Marshall
Treasurer
Kim Cameron
Board Member
Larry Garcia
Board Member
Leslie Person
Board Member
Lori O'Keeke
Board Member
Merrill Flood
Board Member
Pilar Rocha-Goldberg
Board Member
Randall Channing Jones
Board Member

Contractors

Vann's Attorney
Attorney Collection
$185,536
Mcguire Woods LLP
Lobbyist
$108,218

Mission Statement

OUR MISSION IS TO FOSTER ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES BY PROVIDING CAPITAL, BUSINESS SERVICES, AND POLICY RESEARCH TO SUPPORT SMALL BUSINESSES.

Revisions to this organization profile

November 13, 2025:
2025 Carolina Small Business Development Fund 990 filed
May 15, 2024:
2023 Carolina Small Business Development Fund 990 filed
May 13, 2023:
2022 Carolina Small Business Development Fund 990 filed

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