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CAROLINA SMALL BUSINESS DEVELOPMENT FUND

EIN 58-1903219 RALEIGH, NC

Revenue 2024
$7,889,556
Expenses 2024
$7,524,139

Program services were 81.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
W610
Classification
1000
Street
3128 HIGHWOODS BLVD STE 170

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • 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

The first 25 listed. 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 — 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $7,889,556
    Expenses
    $7,524,139
    Contributions
    $5,042,240
    Grants paid
    $35,000
  • 2023
    Revenue
    $7,993,989
    Expenses
    $6,939,273
    Contributions
    $5,822,109
    Grants paid
    $24,908
  • 2022
    Revenue
    $10,484,327
    Expenses
    $9,336,378
    Contributions
    $7,833,944
    Grants paid
    $2,254,645

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.