Lake Agassiz Certified Development

FARGO, ND EIN: 20-1390956 Website

THE LAKE AGASSIZ CERTIFIED DEVELOPMENT COMPANY (LACDC) IS A NON-PROFIT CORPORATION WHOSE MISSION IS TO ASSIST IN MAINTAINING AND ENHANCING THE ECONOMIC VIABILITY OF COMMUNITIES THROUGHOUT NORTH DAKOTA. IN THIS CAPACITY, LACDC PROVIDES FINANCIAL RESOURCES AND TECHNICAL ASSISTANCE, THROUGH FEDERAL, STATE, AND LOCAL PARTNERSHIPS, TO THE STATE'S SMALL BUSINESS ENTERPRISES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$451K

+6.5% YoY

Revenue

$431K

+0.7% YoY

Net Investment Income

—

Expenses

$400K

-4.8% YoY

About Lake Agassiz Certified Development

Based on IRS filings

Lake Agassiz Certified Development is a nonprofit organization, based in FARGO, ND. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $451K in total assets.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Dakota $36K (100%)

States

North Dakota

Cities

Fargo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$451,280	$423,645	$422,824
Revenue	$431,083	$428,140	$443,042
Expenses	$400,070	$420,279	$416,746
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MIKE BANNACH	PRESIDENT	2	$500
DAN DELAHOYDE	SECRETARY	2	$450
LEROY ADAMS ENDED 1224	TREASURER	2	$525
MICHAEL GUST	DIRECTOR	2	$200
SCOTT SCHULTZ	DIRECTOR	2	$575
JUSTIN NEPPL	TREASURER	2	$550
RICK STECKLER	DIRECTOR	2	$550
KELSEY SMITH	DIRECTOR	2	$575
JAKE KLOBUCHAR	VICE PRESIDENT	2	$550
LANDON POSS STARTED 1224	DIRECTOR	2	$225
TROY OTT STARTED 1224	DIRECTOR	2	—
DON LITCH	CHIEF FINANCIAL OFFICER	2.6	—
AMBER METZ	EXECUTIVE DIRECTOR	3.6	—

Frequently Asked Questions

How large is Lake Agassiz Certified Development?

As of 2024, Lake Agassiz Certified Development holds $451K in total assets with $431K in annual revenue.

Where does Lake Agassiz Certified Development operate?

Lake Agassiz Certified Development has awarded grants in North Dakota.

What is Lake Agassiz Certified Development's EIN?

Lake Agassiz Certified Development's EIN (Employer Identification Number) is 20-1390956. IRS Form 990 filing data is available on this page for 2020–2024.