Public Charity

GREATER MANKATO GROWTH INC

GREATER MANKATO GROWTH INC is a Public Charity headquartered in MANKATO, MN. Financial data from the 2025 filing: $3.0M revenue, $3.4M expenses, $4.2M total assets. 8 publicly reported grants to this organization, totaling roughly $109K, appear in IRS filings.

EIN: 411446548 MANKATO, MN Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2025
Total Revenue$3.0M
Total Expenses$3.4M
Total Assets$4.2M
Grant Records8
Funding Total$109K
Filing Years2021–2025

Mission

GREATER MANKATO GROWTH EXISTS TO INTENTIONALLY DEVELOP THE REGIONAL CENTER BY PROMOTING, SUPPORTING AND SERVING AS A CATALYST FOR ECONOMIC DEVELOPMENT THROUGH BUSINESS GROWTH, RETENTION AND ATTRACTION, TALENT GROWTH RETENTION AND ATTRACTION, REGIONAL LIVABILITY AND ADVOCACY OF THE MARKETPLACE. GREATER MANKATO GROWTH, INC. INCLUDES THREE LLC'S: VISIT MANKATO, LLC WHICH FOCUSES ON VISITOR ATTRACTION AND SERVICING, THE CITY CENTER PARTNERSHIP, LLC, WHICH FOCUSES ON DEVELOPMENT IN THE CITY CENTER, AND GREENSEAM, LLC WHICH FOCUSES ON DEVELOPMENT OF EXISTING AG BUSINESS ACROSS SOUTHERN MINNESOTA - NORTHERN IOWA TO BE THE PREMIER AG BUSINESS EPICENTER IN THE UNITED STATES.

Where $100 goes at Greater Mankato Growth Inc

How Greater Mankato Growth Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$23
Business development -580,000 organic linkedin impressions -2.9 million facebook views in the support local businesses' facebook page -889 in private capital investments for every reda dollar invested -14…
25% of program spending
$23
Livability -2 million dollars of economic impact hosting the Mankato marathon with 3,430 registered to run -31,000 in grants awarded supporting events held in our region -400 customers…
25% of program spending · Reported in the filing: 31,000 grants; 31 businesses; 22 businesses
$22
Advocacy & visibility -hosted legislative 4 round tables open to the public -gmg hosted I-90 party, hosting more than 250 attendees and 100 legislators -advocated for tax competitiveness…
25% of program spending · Reported in the filing: 250 attendees

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Aaron Jones
TREASURER/SE Ben Ellingson
BOARD MEMBER Charlie Whitaker
BOARD MEMBER Christine Powers
BOARD MEMBER Cory Genelin
BOARD MEMBER David Krause

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$92,666 5 grants
Education
$16,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.0M $3.4M $4.2M
2024 $3.2M $3.2M $4.5M
2023 $3.3M $3.0M $4.7M
2022 $2.8M $2.6M $4.4M
2021 $2.8M $2.1M $3.3M

Between 2021 and 2025, reported annual revenue grew from $2.8M to $3.0M (+9%), with total assets most recently reported at $4.2M.

Interactive year-over-year charts and full filing details available with membership.

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