Carolina Small Business Development Fund
Data sourced from IRS 990 public filings
Carolina Small Business Development Fund OUR MISSION IS TO FOSTER ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES BY PROVIDING CAPITAL, BUSINESS SERVICES, AND POLICY RESEARCH TO SUPPORT SMALL BUSINESSES.
Carolina Small Business Development Fund has received 11 grants from 7 known foundation funders. Revenue decreased from $7,993,989 in 2023 to $7,889,556 in 2024. Most recent reported revenue: $7,889,556.
Annual Revenue
$7,889,556
Known Funders
7
Grants Received
11
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $7,889,556 | $7,524,139 | $39,156,291 |
| 2023 | $7,993,989 | $6,939,273 | $36,552,890 |
| 2022 | $10,484,327 | $9,336,378 | $34,372,780 |
| 2021 | $6,416,650 | $6,271,251 | $42,816,299 |
| 2020 | $7,982,393 | $7,169,015 | $38,671,185 |
| 2019 | $5,600,963 | $6,866,306 | $42,296,968 |
| 2018 | $8,969,393 | $8,153,430 | $40,644,527 |
| 2017 | $6,835,372 | $7,048,155 | $38,007,117 |
Top Funders
RALEIGH, NC
PHILADELPHIA, PA
PHILADELPHIA, PA
RALEIGH, NC
CHRISTIANSBURG, VA
MINNEAPOLIS, MN
MINNEAPOLIS, MN
SAN ANTONIO, TX
ALEXANDRIA, VA
SAN ANTONIO, TX
Key Personnel
From 2024 IRS 990 filing
Tonya Portis
Board Member
Kevin Dick
President & CEO
Lori Diaz
VP, Business Solutions
Mark Royster Jr
Senior VP, Chief Credit Officer
Meryl Olson
VP, Chief Financial Officer
Lindsey Brent Allison
Loan Portfolio Director
Reginold Jones
Business Solutions Director
Surilma Anuel
Western Women's Director
Bobby Robinson
Vice Chair
Huntley Garriot
Chair
Showing 10 of 26 key personnel.
Frequently Asked Questions
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