DAKOTA BUSINESS LENDING
AI Summary
Dakota Business Lending is a nonprofit organization focused on economic development and community improvement in North Dakota. With an operating budget of $3.3 million and total revenue of $2.6 million for the 2024 filing year, the organization collaborates with financial institutions and economic development organizations to provide diverse financing tools that enhance economic growth in the state. Notably, Dakota Business Lending does not rely on a single funder for 50% or more of its revenue. For more information, visit www.dakotabusinesslending.com.
Mission Statement
TO BRING A VARIETY OF FINANCE TOOLS TO NORTH DAKOTA BUSINESSES, WORKING IN CONJUNCTION WITH FINANCIAL INSTITUTIONS AND ECONOMIC DEVELOPMENT ORGANIZATIONS ACROSS THE STATE AND TO SUPPORT THOSE ACTIVITIES WHICH ENHANCE ECONOMIC DEVELOPMENT IN NORTH DAKOTA.
Cause Areas
2
Community improvement
Economic development
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See similar nonprofits by cause and location, their funders, and their grants.
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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Funder
Total Funding
Funding Share
THE GOLDMAN SACHS FOUNDATION
New York, NY, US
$85.2M
< 1%
Achievements Unlimited Foundation
Fargo, ND, US
$306.9K
41%
Frequently Asked Questions
What is DAKOTA BUSINESS LENDING’s budget?
In 2024, DAKOTA BUSINESS LENDING reported an annual operating budget of around $3.3 million. More detailed financial information is available to registered users.
What causes does DAKOTA BUSINESS LENDING support?
DAKOTA BUSINESS LENDING supports work in Community improvement and Economic development.
Where does DAKOTA BUSINESS LENDING operate?
DAKOTA BUSINESS LENDING is headquartered in Fargo, ND.
Who funded DAKOTA BUSINESS LENDING recently?
In 2024, DAKOTA BUSINESS LENDING received grants from THE GOLDMAN SACHS FOUNDATION, Achievements Unlimited Foundation, and THE GOLDMAN SACHS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant DAKOTA BUSINESS LENDING received in 2024?
The largest grant to DAKOTA BUSINESS LENDING in 2024 exceeds $150 thousand.
What is DAKOTA BUSINESS LENDING’s reliance on government grants?
DAKOTA BUSINESS LENDING relied on government grants for more than 5% of their total revenue in 2024.