Dakota Business Lending

FARGO, ND EIN: 45-0443523 Website

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.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$8.9M

+1.2% YoY

Annual Giving

Grant Count

0

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$958K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$8,880,946$8,778,536$6,832,211
Revenue$2,624,392$3,485,431$2,699,017
Expenses$3,285,640$2,699,740$2,141,843
Qualifying Distributions
Net Investment Income$198,503$351,309$165,946
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$13K1 grants20201 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Dakota Business Lending fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

STEVE M DUSEKPRESIDENT & CEO$257KANN PETERSONVP/LOAN OPERATIONS$138KROXANNE PFLIIGERSENIOR BUSINESS DEVELOPMENT/…$116KANNJANETTE MARTINSSR. CREDIT MANAGER$115KJASON GERDESBUSINESS DEVELOPMENT/COMME$104KJO BACKBUSINESS DEVELOPMENT/COMME$101KJIM HAMBRICKDIRECTOR$2KSTEVE GEHRTZDIRECTOR$2KTONYA HOLMSTROMCHAIR$2KJOHN PHILLIPSDIRECTOR$2KHEATHER RANCKDIRECTOR$2KJASON HOPFAUFDIRECTOR$2KCOLE KENEYVICE-CHAIR$2K

From 2024 filing

NameTitleHoursCompensation
MATT MARSHALLDIRECTOR1
JIM HAMBRICKDIRECTOR1$1,800
STEVE GEHRTZDIRECTOR1$1,800
JASON HOPFAUFDIRECTOR1$1,550
TONYA HOLMSTROMCHAIR1$1,800
JOHN PHILLIPSDIRECTOR1$1,800
COLE KENEYVICE-CHAIR1$1,550
HEATHER RANCKDIRECTOR1$1,800
STEVE M DUSEKPRESIDENT & CEO40$257,283
ANN PETERSONVP/LOAN OPERATIONS40$138,316
ANNJANETTE MARTINSSR. CREDIT MANAGER40$115,414
JASON GERDESBUSINESS DEVELOPMENT/COMME40$104,311
ROXANNE PFLIIGERSENIOR BUSINESS DEVELOPMENT/COMME40$116,082
JO BACKBUSINESS DEVELOPMENT/COMME40$101,400

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

FARGO

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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