NonprofitsGreater Mankato Growth Inc

Community Improvement & Capacity Building

Greater Mankato Growth Inc

MANKATO, MN

Total revenue

$3.2M

Total expenses

$3.2M

Net assets

$3.2M

Grants received

$80K

7 grants

EIN

411446548

Tax year

2024

Mission

See page 2, part iii line 1

Programs

3 programs

Livability --556 bonus gift cards distributed for downtown spending with 50,000 of receipts turned in --17 businesses participated in let it glow --city art walking sculpture saw visitors from 20 states, 81 zip codes, and 24% from more than 75 miles away

Advocacy & visibility --hosted 4 election forums with 13 candidate participants --gmg took ownership of the i-90 party, hosting more than 250 attendees and 100 legislators --worked with mn dept of employment to educate over 100 business leaders on the ne paid leave act in mn

Talent --188 members are involved in young professionals, with 82 new members. --greenseam helped mankato area schools secure funding to hire a new agriculture teacher, which allowed more than 400 students to go through the agriculture program in 2021. --42 participants graduated from the leadership institute in aug 2024. --dei collaborative graduated 19 participants in may 2024. --16 business and non-profit leaders participated in the executive sounding board program. --global workforce program technical assistance for ag businesses seeking to hire non-us citizens. Organizational --5th largest chamber of commerce in mn --911 members, --80 volunteers with greater mankato cavaliers and ambassadors --105 ambassadors' visits for new businesses in the greater mankato area

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue$1.7M
Investment income$127K
Other revenue$33K
Total revenue$3.2M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising$10K
Other expenses$1.5M
Total expenses$3.2M
Total assets$4.5M
Net assets$3.2M

People

23 listed

NameRoleCompensation

DELLA SCHMIDT

PRESIDENT AN

Board

$105K

40 hrs/wk

WES OTTO

VICE-CHAIR

Board

2.5 hrs/wk

BEN ELLINGSON

TREASURER/SE

Board

2.5 hrs/wk

JAMIE JACOBS

BOARD MEMBER

Board

1 hrs/wk

CHRISTINE POWERS

BOARD MEMBER

Board

1 hrs/wk

JENNIFER SPAUDE

BOARD MEMBER

Board

1 hrs/wk

JO GUCK BAILEY

BOARD MEMBER

Board

1 hrs/wk

LIZ ULMAN

BOARD MEMBER

Board

1 hrs/wk

DAVID KIM

BOARD MEMBER

Board

1 hrs/wk

ALEC PFEFFER

BOARD MEMBER

Board

1 hrs/wk

KERI JOHNSON

BOARD MEMBER

Board

1 hrs/wk

DR PAUL PETERSON

BOARD MEMBER

Board

1 hrs/wk

DR JAMES HEBL MD

BOARD MEMBER

Board

1 hrs/wk

SUSAN ARNTZ

BOARD MEMBER

Board

1 hrs/wk

SAMANTHA BOECK

BOARD MEMBER

Board

1 hrs/wk

KEVIN MCCANN

BOARD MEMBER

Board

1 hrs/wk

JESSICA POTTER

BOARD MEMBER

Board

1 hrs/wk

DR EDWARD INCH

BOARD MEMBER

Board

1 hrs/wk

DR ANNETTE PARKER

BOARD MEMBER

Board

1 hrs/wk

CHARLIE WHITAKER

BOARD MEMBER

Board

1 hrs/wk

WES BECK

BOARD MEMBER

Board

1 hrs/wk

DAVID KRAUSE

CHAIR

Board

2.5 hrs/wk

AARON JONES

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$40K
PROGRAM COSTS
2024
$450
Unrestricted General Fund
2024
$16K
FINANCIAL ASSISTANCE
2023
$6K
Education & Awareness
2022
$5K
Education & Awareness
2020
$8K
BEN PROGRAM FUNDING
2019
$5K
Education & Awareness
2019

Funded by

$80K from 5 funders · 7 grants · 2019–2024

Greater Twin Cities United Way

$40K · 1 grant · 2024

Minnesota Corn Growers Association

$16K · 3 grants · 2019–2022

Greater Mankato Growth Inc

$16K · 1 grant · 2023

Minnesota Chamber Foundation

$8K · 1 grant · 2019

Valley News Foundation

$450 · 1 grant · 2024

Details

EIN411446548
NTEE codeS41
Subsection06
Ruling date1983-12
Formed1982
Employees32
Volunteers675
GREATER MANKATO GROWTH INC — Mission, Financials & Grants Received | Grantivo