AI Summary
Dakota Business Finance is a nonprofit organization focused on community and economic development, construction, and community improvement. With an operating budget of $1.1 million and total revenue of $2.1 million for the filing year 2025, the organization provides financing through the SBA 504 Loan Program, enabling businesses to purchase land, construct buildings, and acquire long-term machinery and equipment. Dakota Business Finance does not rely on a single funder for 50% or more of its revenue.
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.
Cause Areas
3
Construction
Community and economic development
Community improvement
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Dakota Business Finance’s budget?
In 2025, Dakota Business Finance reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does Dakota Business Finance support?
Dakota Business Finance supports work in Construction, Community and economic development, and Community improvement.
Where does Dakota Business Finance operate?
Dakota Business Finance is headquartered in Sioux Falls, SD.