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EIN 83-1825710

DBL Equity Partners

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Fargo
State
North Dakota
Year formed
2018
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
DBL Equity Partners serves and provides products, services, loans and/or investment capital for qualified low-income persons or low-income communities. It further supports affordable housing, neighborhood and community revitalization and economic development efforts. The company works with new markets tax credits (NMTC) to encourage and jumpstart investment in low-income census tracts, creating jobs and bringing new opportunities to qualifying areas in North Dakota. The goal of the NMTC award is to fill a financing gap for transformative projects.
Related structure
DBL Equity Partners is a subordinate organization under Dakota Business Lending.
Total revenues
$2,060,835
2023
Total expenses
$2,060,850
2023
Total assets
$1,380,868
2023
Num. employees
0
2023

Program areas at DBL Equity Partners

New markets tax credits (nmtc) works to encourage and jumpstart investment in low-income census tracts to create jobs and bring new opportunities to qualifying areas in north dakota. The goal of the nmtc award is to fill a financing gap for transformative projects which bring opportunities to low-income or distressed areas.

Personnel at DBL Equity Partners

NameTitleCompensation
Steve DusekPresident and Chief Executive Officer$0
Ann PetersonVice President and Loan Operations
Kaitlyn WiebuschMarketing Director
Michaela SchellEntrepreneurial Development Director for Michaela , It's All About the Big Picture.
Julie JakshaDirector of Small Business Advising Exploring Uncharted Waters and New Opportunities
...and 1 more key personnel

Financials for DBL Equity Partners

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,934,326
Investment income and dividends$21,496
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$105,013
Total revenues$2,060,835

Form 990s for DBL Equity Partners

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-01990View PDF
2022-122023-06-27990View PDF
2021-122022-11-03990View PDF
Data update history
July 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 30, 2024
Updated personnel
Identified 4 new personnel
February 27, 2024
Updated personnel
Identified 6 new personnel
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Tax deductible donationsNo full-time employeesAccepts online donations
General information
Address
5630 36th Ave S
Fargo, ND 58104
Metro area
Fargo, ND-MN
County
Cass County, ND
Website URL
dakotabusinesslending.com/ 
Phone
(701) 293-8892
IRS details
EIN
83-1825710
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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