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Organizations Community Improvement & Capacity Building Dakota Business Finance

Dakota Business Finance

Fiscal year ending 2024. Filed on January 23, 2025.

500 N Western Avenue 100
Sioux Falls, South Dakota 57104

Dakota Business Finance (EIN: 20-4158141) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Dakota Business Finance, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $273,094. The highest compensated employee at Dakota Business Finance is Lynne Keller Forbes with fiscal year 2024 compensation of $273,094.

Revenue, expenses, and employee compensation

Revenue

$1,815,315

Expenses

$1,634,207

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lynne Keller Forbes
President and Chief Executive Officer
$273,094
$0 $273,094 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bradyn Neises
Director
Donald Greiner
Director
James Grotenhuis
Vice President
Jessica Harry
Director
Jordan Rieffenberger
Director
Mike Gray
Secretary and Treasurer
Steve Ruda
Director
Tom Frieberg
Director
Will Haugen
President

Mission Statement

Dakota Business Finance provides financing for a wide range of businesses through the SBA 504 Loan Program. This program provides fixed rate financing for the purchase of long-term assets such as the purchase of land, purchase and construction of buildings, renovate or remodel existing facilities, and/or purchase of long-term machinery and equipment.

Revisions to this organization profile

January 23, 2025:
2024 Dakota Business Finance 990 filed
January 29, 2024:
2023 Dakota Business Finance 990 filed
February 12, 2023:
2022 Dakota Business Finance 990 filed

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