Dakota Business Lending

Community development organization based in Fargo, ND. 23 employees. Exempt under §501(c)(3).

MissionDAKOTA 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

Financial snapshot · TY 2024

$2.6M
Total revenue
$3.3M
Total expenses
$8.9M
Net assets

Financial health · TY 2024

74
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
84
15.1 months of expenses
Program efficiency
71
78.4% spent on programs
Revenue diversity
58
Mix of program fees, grants & contributions

Leadership compensation

Steve M Dusek
PRESIDENT & CEO
$305,720
90th percentile vs. peers
Ann Peterson
VP/LOAN OPERATIONS
$172,938
74th percentile vs. peers
Roxanne Pfliiger
SENIOR BUSINESS DEVELOPMENT/COMME
$136,576
74th percentile vs. peers
Annjanette Martins
SR. CREDIT MANAGER
$131,550
74th percentile vs. peers
Jo Back
BUSINESS DEVELOPMENT/COMME
$125,800
74th percentile vs. peers

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Dakota Business Lending Executive Compensation | 990 Data | DoubleNine