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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 2021. Filed on May 16, 2022.

3128 Highwoods Blvd Suite 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 2021 IRS Form 990 filing, Carolina Small Business Development Fund, a 501(c)(3) charitable organization, reported compensation for 4 out of 39 total employees. Among the employees shown here, the average compensation is $108,526. The highest compensated employee at Carolina Small Business Development Fund is Kevin Dick with fiscal year 2021 compensation of $151,944.

Revenue, expenses, and employee compensation

Revenue

$7,982,393

Expenses

$7,169,015

Employee compensation

$2,271,977
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kevin Dick
President
$151,944
$130,299 No related comp$21,645
Mark Royster
Chief Credit
$138,162
$119,220 No related comp$18,942
Krystin Jorgenson
Chief Financial Officer
$136,209
$119,283 No related comp$16,926
Amber Bond
Former Chief Operating Officer
$7,788
$7,788 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

William Hayes
Vice Chair
$25,497
$25,497 No related compNo other comp
Jeff Roegge
Director/ FO
$5,521
$3,624 No related comp$1,897
Larry Garcia
Director
No compensation reported
Jada Grandy-Mock
Director
No compensation reported
Grace Nystrum
Director
No compensation reported
Rodrick Banks
Director
No compensation reported
Dr Pamela Senegal
Treasurer
No compensation reported
Frank Pollock
Director
No compensation reported
James Sills
Director
No compensation reported
Tiffany McNeill
Director
No compensation reported
Arnold Alston
Director
No compensation reported
Ted Archer
Board Vice Chair
No compensation reported

Contractors

Vann Attorneys
Legal
$145,785

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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