NonprofitsMinneapolis - St Paul Regional Economic Development Partnership

Community Improvement & Capacity Building

Minneapolis - St Paul Regional Economic Development Partnership

SAINT PAUL, MN

Total revenue

$10.3M

Total expenses

$8.6M

Net assets

$6.4M

Grants received

$4.4M

37 grants

EIN

274026636

Tax year

2024

Mission

The mission of the greater msp partnership is to accelerate regional competitiveness and inclusive economic growth through job creation, capital investment and execution of strategic initiatives. The partnership works to strengthen our region's global sectors, prioritize talent, and tell our story.

Financials

FY 2024

Revenue

Contributions & grants$10.2M
Program service revenue
Investment income$89K
Other revenue
Total revenue$10.3M

Expenses

Grants paid$65K
Salaries & benefits$4.9M
Fundraising$175K
Other expenses$3.7M
Total expenses$8.6M
Total assets$8.4M
Net assets$6.4M

People

50 listed

NameRoleCompensation

PETER FROSCH

PRESIDENT & CEO

Board

$501K

40 hrs/wk

COMMISSIONER IRENE FERNANDO

DIRECTOR

Board

0.5 hrs/wk

BOB FRENZEL

DIRECTOR

Board

0.5 hrs/wk

MAYOR JACOB FREY

DIRECTOR

Board

0.5 hrs/wk

CHRIS GALVIN

DIRECTOR

Board

0.5 hrs/wk

COMMISSIONER MIKE GAMACHE

DIRECTOR

Board

0.5 hrs/wk

DARREL GERMAN

DIRECTOR (UNTIL 5/23/2024)

Board

0.5 hrs/wk

DOMINIC IANNAZZO

DIRECTOR

Board

0.5 hrs/wk

DAN JOHNSON

DIRECTOR (UNTIL 12/31/2024)

Board

0.5 hrs/wk

DR ERIC JOLLY

DIRECTOR

Board

0.5 hrs/wk

COMMISSIONER STAN KARWOSKI

DIRECTOR

Board

0.5 hrs/wk

BARBARA KOSLOSKI

DIRECTOR

Board

0.5 hrs/wk

AUDREY LUCAS

DIRECTOR

Board

0.5 hrs/wk

MAYOR MIKE MAGUIRE

DIRECTOR

Board

0.5 hrs/wk

MATT MARSH

DIRECTOR

Board

0.5 hrs/wk

CHAIRMAN COLE MILLER

DIRECTOR

Board

0.5 hrs/wk

JON NUDI

DIRECTOR (UNTIL 3/1/2024)

Board

0.5 hrs/wk

LAURA OBERST

DIRECTOR

Board

0.5 hrs/wk

COMMISSIONER RAFAEL ORTEGA

DIRECTOR

Board

0.5 hrs/wk

RT RYBAK

DIRECTOR

Board

0.5 hrs/wk

SAHIL SANGHVI

DIRECTOR

Board

0.5 hrs/wk

COMMISSIONER SCOTT SCHULTE

DIRECTOR (UNTIL 1/16/2024)

Board

0.5 hrs/wk

COMMISSIONER MIKE SLAVIK

DIRECTOR (UNTIL 12/31/2024)

Board

0.5 hrs/wk

JOHN STAUCH

DIRECTOR

Board

0.5 hrs/wk

JOHN STERN

DIRECTOR

Board

0.5 hrs/wk

COMMISSIONER MATT UDERMANN

DIRECTOR

Board

0.5 hrs/wk

ROBERT VISCHER

DIRECTOR

Board

0.5 hrs/wk

LAYSHA WARD

DIRECTOR (UNTIL 4/1/2024)

Board

0.5 hrs/wk

TIMOTHY A WELSH

DIRECTOR

Board

0.5 hrs/wk

BRADLEY WOOD

DIRECTOR

Board

0.5 hrs/wk

CHRISTOPHE BECK

CHAIRMAN

Board

1 hrs/wk

DENNIS DAHLEN

TREASURER

Board

0.5 hrs/wk

RAVI NORMAN

VICE CHAIR

Board

0.5 hrs/wk

CHRISTINE SOVEREIGN

DIRECTOR

Board

0.5 hrs/wk

TONYA ALLEN

DIRECTOR

Board

0.5 hrs/wk

COMMISSIONER DAVE BEER

DIRECTOR

Board

0.5 hrs/wk

MITCH BLESKE

DIRECTOR

Board

0.5 hrs/wk

DOUG CARNIVAL

OF COUNSEL

Board

0.5 hrs/wk

MAYOR MELVIN CARTER

DIRECTOR

Board

0.5 hrs/wk

PRESIDENT REBECCA CUNNINGHAM

DIRECTOR

Board

0.5 hrs/wk

DANA ERICKSON

DIRECTOR

Board

0.5 hrs/wk

MATTHEW K LEWIS

VICE PRESIDENT, PARTNERSHIP STRATEGY

Staff

$258K

40 hrs/wk

MORRIS GOODWIN JR

MANAGING DIRECTOR, FORGE NORTH

Staff

$252K

40 hrs/wk

AMANDA TAYLOR

VICE PRESIDENT, BUSINESS INVESTMENT

Staff

$248K

40 hrs/wk

CATHERINE PENKERT

VICE PRESIDENT, OPERATIONS

Staff

$227K

40 hrs/wk

JULIA SILVIS

MANAGING DIRECTOR, RESEARCH AND INTELLIGENCE

Staff

$216K

40 hrs/wk

IEESHA M COLLINS

ENTERPRISE DIRECTOR, TALENT, INCLUSION, & ENGAGEME

Staff

$198K

40 hrs/wk

JOANNE BERKENKAMP

MANAGING DIRECTOR, MBOLD

Staff

$194K

40 hrs/wk

JENNIFER M LINDEMER

DIRECTOR, ORGANIZATIONAL DEVELOPMENT

Staff

$184K

40 hrs/wk

KRISTIN GUILD

DIRECTOR, BUSINESS BRIDGE AND TALENT SOLUTIONS

Staff

$176K

40 hrs/wk

Independent contractors

COLLEEN EBINGER

CONSULTING/CONTRACTING FEES

$146K

ANDREA BACH

CONSULTING/CONTRACTING FEES

$109K

MICEVYCH CONSULTING LLC

CONSULTING/CONTRACTING FEES

$103K

Grants received

Showing 37 of 37

FromAmountPurposeYear
$600K
to support its work on sustainable protein supply chains in the Midwest
2024
$170K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$40K
MINNESOTA RACIAL EQUITE COALITION
2024
$15K
PUBLIC AFFAIRS/SOCIETY BENEFIT
2024
$280K
PUBLIC AFFAIRS/SOCIETY BENEFIT, DONOR-ADVISED, PUBLIC AFFAIRS/SOCIETY BENEFIT
2023
$150K
Mission Fund
2023
$116K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$55K
TO SUPPORT THE ITASCA PROJECT IN 2021, 2022 AND 2023
2023
$31K
GENERAL SUPPORT
2023
$30K
CHARITABLE DONATION
2023
$10K
BUSINESS BRIDGE SPONSORSHIP
2023
$3K
2023 TRUE NORTH LEADERSHIP SUPPLEMENTAL GRANT
2023
$601K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$234K
DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT
2022
$100K
TO FUND THE CONTINUED STARTUP AND GROWTH OF FORGE NORTH, AN EFFORT THAT PROVIDES THE CONNECTIVITY AND BACKBONE SUPPORT FOR KEY MINNESOTA ENTREPRENEURSHIP LEADERS AND ORGANIZATIONS
2022
$59K
CHARITABLE DONATION
2022
$55K
TO SUPPORT THE ITASCA PROJECT IN 2021, 2022 AND 2023
2022
$8K
PROGRAM SUPPORT
2022
$8K
Minnesota Business Coalition for Racial Equity Annual Support
2022
$81K
CHARITABLE DONATION
2021
$56K
COMMUNITY & ECONOMIC DEVELOPMENT
2021
$56K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$15K
PROGRAM SUPPORT
2021
$528K
GENERAL OPERATING SUPPORT
2020
$200K
TO FUND THE CONTINUED STARTUP AND GROWTH OF FORGE NORTH, AN EFFORT THAT PROVIDES THE CONNECTIVITY AND BACKBONE SUPPORT FOR KEY MINNESOTA ENTREPRENEURSHIP LEADERS AND ORGANIZATIONS
2020
$53K
MULTIPLE PURPOSES
2020
$53K
CHARITABLE DONATION
2020
$25K
CO-STARTERS PROGRAM
2020
$200K
GENERAL OPERATING SUPPORT
2019
$60K
MULTIPLE GRANTS
2019
$50K
Charitable Donation
2019
$50K
Grant to facilitate future MBOLD, food and ag partnership initiatives ; University of Minnesota is a MBOLD member.
2019
$215K
GENERAL OPERATING SUPPORT
2018
$50K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
$50K
GREATER MSP 2017 GENERAL OPERATING FUNDS - 351054
2017

Funded by

$4.4M from 14 funders · 37 grants · 2017–2024

The Minneapolis Foundation

$1.6M · 8 grants · 2017–2024

Saint Paul & Minnesota Foundation

$1.1M · 7 grants · 2018–2024

Builders Vision Foundation

$600K · 1 grant · 2024

The Bush Foundation

$410K · 4 grants · 2020–2023

Charities Aid Foundation America

$273K · 5 grants · 2019–2023

The Joyce Foundation

$150K · 1 grant · 2023

American Online Giving Foundation Inc

$68K · 2 grants · 2020–2021

Children's Health Care

$50K · 2 grants · 2023–2024

Details

EIN274026636
NTEE codeS30
Subsection03
Ruling date2011-06
Formed2010
Employees27
Volunteers1000
MINNEAPOLIS - ST PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP — Mission, Financials & Grants Received | Grantivo