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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 2023. Filed on May 15, 2024.

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 2023 IRS Form 990 filing, Carolina Small Business Development Fund, a 501(c)(3) charitable organization, reported compensation for 7 out of 42 total employees. Among the employees shown here, the average compensation is $144,870. The highest compensated employee at Carolina Small Business Development Fund is Kevin Dick with fiscal year 2023 compensation of $227,160.

Revenue, expenses, and employee compensation

Revenue

$10,484,327

Expenses

$9,336,378

Employee compensation

$3,518,210
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kevin Dick
President
$227,160
$205,081 No related comp$22,079
Mark Royster
Chief Credit
$153,827
$133,812 No related comp$20,015
John Sabiston
Chief Financial Officer
$143,675
$121,526 No related comp$22,149
Jamie McCall
Vice President Policy and
$135,246
$118,445 No related comp$16,801
Lori Diaz
Vice President, Business
$129,777
$113,358 No related comp$16,419
Ellysa Smith
Human Resources
$116,710
$100,938 No related comp$15,772
Reginold Jones
Business SOL
$107,695
$101,516 No related comp$6,179

Benchmark Employee Compensation

Non-Employee Board Members

Aaron Thomas
Director
Bobby Robinson
Director
Dr Joseph Fox
Director
Dr Paulette Dillard
Board Chair
Frank Pollock
Director
Grace Nystrum
Director
Huntley Garriott
Board Treasurer
Jeff Marshall
Director
Jeffrey Hastings
Director
Larry Garcia
Director
Leslie Person
Director
Merrill Flood
Director

Contractors

Vann Attorneys
Legal
$102,576

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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