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Nonprofiteer
← CAROLINA SMALL BUSINESS DEVELOPMENT FUND

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.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202533179349309438

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