Public Charity

DAKOTA BUSINESS LENDING

DAKOTA BUSINESS LENDING, of FARGO, ND, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.6M in revenue, $3.3M in expenses, $8.9M in total assets. 3 publicly reported grants to this organization, totaling roughly $127K, appear in IRS filings.

EIN: 450443523 FARGO, ND Latest filing: 2024
Total Revenue$2.6M
Total Expenses$3.3M
Total Assets$8.9M
Grant Records3
Funding Total$127K
Filing Years2019–2024

Mission

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.

Sample Grants Received

2024
DBL used the grant proceeds for the development of a strategic plan, direction, and implementation of the newly created and certified Community Development Financial Institution (CFDI).
$42,300
2023
DBL used the grant proceeds for the development of a strategic plan, direction, and implementation of the newly created and certified Community Development Financial Institution (CFDI).
$42,300
2022
DBL used the grant proceeds for the development of a strategic plan, direction, and implementation of the newly created and certified Community Development Financial Institution (CFDI).
$42,300

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

SR. CREDIT MANAGER Annjanette Martins
VP/LOAN OPERATIONS Ann Peterson
VICE-CHAIR Cole Keney
DIRECTOR Heather Ranck
BUSINESS DEVELOPMENT/COMME Jason Gerdes
DIRECTOR Jason Hopfauf

Officer compensation and complete director data available with membership.

Top Grant Purposes

DBL used the grant proceeds for the development of a strategic plan, direction, and implementation of the newly created and certified Community Development Financial Institution (CFDI).
$126,900 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.6M $3.3M $8.9M
2023 $3.5M $2.7M $8.8M
2022 $2.7M $2.1M $6.8M
2020 $1.5M $1.6M $6.2M
2019 $1.4M $1.7M $6.4M

Between 2019 and 2024, reported annual revenue grew from $1.4M to $2.6M (+92%), with total assets most recently reported at $8.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DAKOTA BUSINESS LENDING

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