Form 990 for tax year 2024
Filed by CAROLINA SMALL BUSINESS DEVELOPMENT FUND.
Totals
- Total revenue
- $7,889,556
- Total expenses
- $7,524,139
- Contributions and grants received
- $5,042,240
- Grants paid
- $35,000
- Program service revenue
- not reported
- Investment income
- not reported
- Other revenue
- not reported
- Total assets, end of year
- not reported
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- not reported
- Program services expenses (Part IX)
- $6,136,448
- Management and general expenses
- $1,387,691
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,136,448
Program services were 81.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Bobby Robinson
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Huntley Garriot
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Marshall
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Rodrick Banks
Asst Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Tiffany McNeill
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Brian Hedges
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dr Joseph Fox
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kim Cameron
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Larry Garcia
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Person
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Lori O'Keeke
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Merrill Flood
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Pilar Rocha-Goldberg
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Randall Channing Jones
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Raymond Chinn
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Robyn Lake Hamilton
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sedrick McCallum
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Dille
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Tonya Portis
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Dick
President & CEO
- Total calculated
- $233,665
- From this org
- $212,094
- From related orgs
- $0
- Other
- $21,571
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,744
- Bonus
- $28,350
- Other
- $0
- Deferred
- $10,867
- Nontaxable benefits
- $10,704
- Filer's total
- $233,665
-
Lori Diaz
VP, Business Solutions
- Total calculated
- $130,751
- From this org
- $114,154
- From related orgs
- $0
- Other
- $16,597
- Hours/week
- 40
-
Mark Royster Jr
Senior VP, Chief Credit Officer
- Total calculated
- $164,765
- From this org
- $146,911
- From related orgs
- $0
- Other
- $17,854
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,911
- Bonus
- $1,000
- Other
- $0
- Deferred
- $7,359
- Nontaxable benefits
- $10,495
- Filer's total
- $164,765
-
Meryl Olson
VP, Chief Financial Officer
- Total calculated
- $126,757
- From this org
- $113,153
- From related orgs
- $0
- Other
- $13,604
- Hours/week
- 40
-
Lindsey Brent Allison
Loan Portfolio Director
- Total calculated
- $112,331
- From this org
- $106,018
- From related orgs
- $0
- Other
- $6,313
- Hours/week
- 40
-
Reginold Jones
Business Solutions Director
- Total calculated
- $114,281
- From this org
- $108,018
- From related orgs
- $0
- Other
- $6,263
- Hours/week
- 40
-
Surilma Anuel
Western Women's Director
- Total calculated
- $117,262
- From this org
- $101,943
- From related orgs
- $0
- Other
- $15,319
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 7 Non-fixed payments
- Based on meeting a specific formula or pre-agreed criteria.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(7) · Inactive · NC
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202533179349309438
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.