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PROVIDES COMMUNITY PLANNING AND ECONOMIC DEVELOPMENT ASSISTANCE TO A SIX-COUNTY REGION OF SOUTHEASTERN NORTH DAKOTA.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$1.1M
Program Spending
63%
of total expenses go to program services
Total Contributions
$152.3K
Total Expenses
▼$1M
Total Assets
$6.4M
Total Liabilities
▼$2.5M
Net Assets
$3.9M
Officer Compensation
→$172K
Other Salaries
$351.9K
Investment Income
$226.6K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$3.2M
Awards Found
28
Small Business Administration
$233.1K
TECHNICAL ASSISTANCE TO MICROLOAN BORROWERS
Small Business Administration
$170.2K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$159.8K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS
Small Business Administration
$155.5K
LAKE AGASSIZ REGIONAL DEV CORP, ND THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$128.6K
MICROLOAN - LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION - ND TO PROVIDE MICROLOAN TRAINING AND TECHNICAL ASSISTANCE.
Small Business Administration
$124.9K
LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION TO ASSIST ALL ENTREPRENEURS BUSINESS OWNERS AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS UNDER THE PROGRAM THE SMALL BUSINESS ADMINISTRATION SBA WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE NON PROFIT AND QUASI GOVERNMENTAL ORGANIZATIONS INTERMEDIARY LENDERS THAT WILL USE THE LOAN FUNDS TO MAKE SHORT TERM FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO 50000 DOLLARS TO START UP NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL INVENTORY SUPPLIES FURNITURE FIXTURES MACHINERY AND OR EQUIPMENT IN ADDITION THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING MANAGEMENT AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS UNDER THE PROGRAM SBA WILL ALSO PROVIDE TRAINING FOR INTERMEDIA
Small Business Administration
$107.8K
MICROLOAN PROGRAM TECHNICAL ASSISTANCE
Small Business Administration
$107.3K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Department of Agriculture
$105K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Small Business Administration
$97.4K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$95.7K
LAKE AGASSIZ REGIONAL DEV CORP - ND
Department of Agriculture
$55.4K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$52.1K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Department of Agriculture
$31.3K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Department of Agriculture
$27.7K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$21.8K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$18.8K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$12.4K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$7,558
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$5,803
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
3
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Minor Findings | Unmodified (Clean) | $1.6M | Yes | 2026-07-01 |
| 2024 | Minor Findings | Unmodified (Clean) | $2M | Yes | 2025-07-03 |
| 2023 | Minor Findings | Unmodified (Clean) | $1.9M | Yes | 2024-08-30 |
| 2022 | Clean | Unmodified (Clean) | $2.2M | Yes | 2023-08-03 |
| 2021 | Clean | Unmodified (Clean) | $2.4M | Yes | 2022-07-17 |
| 2020 | Clean | Unmodified (Clean) | $2.6M | No | 2021-09-13 |
| 2019 | Minor Findings | Unmodified (Clean) | $2.4M | No | 2020-07-12 |
| 2018 | Minor Findings | Unmodified (Clean) | $2.7M | No | 2019-07-07 |
| 2017 | Minor Findings | Unmodified (Clean) | $2.5M | No | 2018-07-08 |
| 2016 | Minor Findings | Unmodified (Clean) | $2.8M | No | 2017-06-29 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.8M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $1.1M | $152.3K | $1M | $6.4M | $3.9M |
| 2023 | $1.1M | $176.6K | $1.1M | $6.3M | $3.8M |
| 2022 | $1M | $187.5K | $1M | $6.6M | $3.8M |
| 2021 | $1.3M | $345.8K | $940.5K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Donald Litch | Chief Financial Officer | 25 | $86.1K | $0 | $16K | $102.1K |
| Amber Metz | Executive Director | 15 | $42.6K | $0 | $5,906 | $48.6K |
| Robert Wurl | Secretary | 1 | $0 | $0 | $0 | $0 |
| Lisa Rotvold | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Rick Mairs | President | 1 | $0 | $0 | $0 | $0 |
| Larry Jacobsen | Vice President | 1 | $0 | $0 | $0 | $0 |
Donald Litch
Chief Financial Officer
$102.1K
Hrs/Wk
25
Compensation
$86.1K
Related Orgs
$0
Other
$16K
Amber Metz
Executive Director
$48.6K
Hrs/Wk
15
Compensation
$42.6K
Related Orgs
$0
Other
$5,906
Robert Wurl
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lisa Rotvold
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rick Mairs
President
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Larry Jacobsen
Vice President
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Sara D Isaak | Senior Commercial Loan Off | 8 | $106.9K | $0 | $16K | $122.8K |
Sara D Isaak
Senior Commercial Loan Off
$122.8K
Hrs/Wk
8
Compensation
$106.9K
Related Orgs
$0
Other
$16K
| $6.9M |
| $3.8M |
| 2020 | $1M | $218.1K | $888.1K | $6.8M | $3.5M |
| 2019 | $936.8K | $178.2K | $820.9K | $6.3M | $3.3M |
| 2018 | $1.1M | $169.8K | $1M | $6M | $3.2M |
| 2017 | $1M | $142.6K | $1M | $6.1M | $3.1M |
| 2016 | $813.7K | $126.8K | $711.1K | $6.3M | $3.1M |
| 2015 | $952.9K | $205.6K | $880K | $6.5M | $3M |
| 2014 | $985.2K | $243K | $941.7K | $6.3M | $3M |
| 2013 | $762.1K | $163.6K | $782.3K | $6.6M | $2.9M |
| 2012 | $900.4K | $147.6K | $816.5K | $6.7M | $2.9M |
| 2011 | $897.1K | $229.8K | $1M | $6.7M | $2.8M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |