Nonprofit · EIN 83-1825710
DBL EQUITY PARTNERS
Tax-exempt · FARGO, ND 58104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,615,044 | $1,615,064 | -$20 | $1,065,867 | $1,065,925 | -$58 |
| December 31, 2024 | 990 | $304,896 | $304,913 | -$17 | $225,099 | $225,137 | -$38 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,462,192
- Investment income
- $17,834
- Other revenue
- $135,018
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,151
- Accounting fees
- $60,053
- Program services (functional)
- $1,548,850
- Management and general (functional)
- $66,214
Balance sheet and other
- Total assets, start of year
- $225,099
- Total assets, end of year
- $1,065,867
- Total liabilities, end of year
- $1,065,925
- Net assets, end of year
- -$58
- Net assets without donor restrictions
- -$58
- Gross receipts
- $1,615,044
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- State of legal domicile
- ND
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEVE DUSEK | PRESIDENT, CEO, AND SECRET Trustee or director, Officer | 1 | $0 | $254,500 | $52,962 |
| COLE KENEY | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $1,950 | $0 |
| JOHN PHILLIPS | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $1,950 | $0 |
| CRAIG HANSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| STEVE BRITSCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEVE DUSEK | PRESIDENT, CEO, AND SECRET Trustee or director, Officer | 1 | $0 | $260,333 | $48,437 |
| JOHN PHILLIPS | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $1,800 | $0 |
| COLE KENEY | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CRAIG HANSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| STEVE BRITSCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5630 36TH AVE S, FARGO, ND 58104-5273
- Principal officer (990 for 2025)
- STEVE DUSEK, 5630 36TH AVE S, FARGO, ND 58104
- Signed the 990
- STEVE DUSEK, PRESIDENT & CEO
- Phone
- (701) 293-8892
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
TO SERVE AND PROVIDE PRODUCTS, SERVICES, LOANS AND/OR INVESTMENT CAPITAL FOR QUALIFIED LOW INCOME PERSONS OR LOW INCOME COMMUNITIES AND TO FURTHER THE AFFORDABLE HOUSING, NEIGHBORHOOD AND COMMUNITY REVITILAZATION AND ECONOMIC DEVELOPMENT EFFORTS.
Program accomplishments
- 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.Expenses $1,548,850 · revenue $1,615,044
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-1825710
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $1,065,867
- Income (IRS master file)
- $1,615,044
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,060,835 | $2,060,850 | $1,380,868 | IRS |
| 990 | December 2022 | $1,012,179 | $1,012,185 | $640,444 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about DBL EQUITY PARTNERS
- What is the EIN of DBL EQUITY PARTNERS?
- The employer identification number (EIN) of DBL EQUITY PARTNERS is 83-1825710.
- Is DBL EQUITY PARTNERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to DBL EQUITY PARTNERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does DBL EQUITY PARTNERS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DBL EQUITY PARTNERS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DBL EQUITY PARTNERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DBL EQUITY PARTNERS?
- The 990 for the year ended December 31, 2025 names STEVE DUSEK.
- Who are the officers and directors of DBL EQUITY PARTNERS?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does DBL EQUITY PARTNERS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,615,044, expenses of $1,615,064 and total assets of $1,065,867 at year end.
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All nonprofits in FARGO · North Dakota · Community improvement and capacity building