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Organizations Community Improvement & Capacity Building Dakota Business Lending

Dakota Business Lending

Fiscal year ending 2024. Filed on November 13, 2025.

5630 36th Ave S
Fargo, North Dakota 58104

Dakota Business Lending (EIN: 45-0443523) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Dakota Business Lending, a 501(c)(3) charitable organization, reported compensation for 6 out of 23 total employees. Among the employees shown here, the average compensation is $166,330. The highest compensated employee at Dakota Business Lending is Steve M Dusek with fiscal year 2024 compensation of $305,720. Dakota Business Lending changed its name from Dakota Certified Development Corporation in 2017.

Revenue, expenses, and employee compensation

Revenue

$2,624,392

Expenses

$3,285,640

Employee compensation

$2,434,223
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steve M Dusek
President and Chief Executive Officer
$305,720
$257,283 No related comp$48,437
Ann Peterson
Vp/Loan Operations
$172,938
$138,316 No related comp$34,622
Roxanne Pfliiger
Senior Business Development/Comme
$136,576
$116,082 No related comp$20,494
Annjanette Martins
SR Credit Manager
$131,550
$115,414 No related comp$16,136
Jo Back
Business Development/Comme
$125,800
$101,400 No related comp$24,400
Jason Gerdes
Business Development/Comme
$125,396
$104,311 No related comp$21,085

Benchmark Employee Compensation

Non-Employee Board Members

Tonya Holmstrom
Chair
$1,800
$1,800 No related compNo other comp
John Phillips
Director
$1,800
$1,800 No related compNo other comp
Heather Ranck
Director
$1,800
$1,800 No related compNo other comp
Jim Hambrick
Director
$1,800
$1,800 No related compNo other comp
Steve Gehrtz
Director
$1,800
$1,800 No related compNo other comp
Jason Hopfauf
Director
$1,550
$1,550 No related compNo other comp
Cole Keney
Vice Chair
$1,550
$1,550 No related compNo other comp
Matt Marshall
Director
No compensation reported

Mission Statement

DAKOTA BUSINESS LENDING IS A SMALL BUSINESS RESOURCE THAT DRIVES ECONOMIC GROWTH BY:1. PROVIDING UNIQUE FINANCING OPPORTUNITIES2. POSITIVELY IMPACTING THE COMMUNITIES WE SERVE3. EDUCATING AND GUIDING SMALL BUSINESSES4. BUILDING PARTNERSHIPS THAT ADD VALUE AND CREATING AN ENVIRONMENT WHERE OUR TEAM MEMBERS THRIVE.

Revisions to this organization profile

November 13, 2025:
2024 Dakota Business Lending 990 filed
November 8, 2024:
2023 Dakota Business Lending 990 filed
November 9, 2023:
2022 Dakota Business Lending 990 filed

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