Public Charity

AUSTIN COMMUNITY GROWTH VENTURES

AUSTIN COMMUNITY GROWTH VENTURES is a Public Charity headquartered in AUSTIN, MN. Financial data from the 2024 filing: $152K revenue, $182K expenses, $213K total assets. 26 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.

EIN: 475042107 AUSTIN, MN Latest filing: 2024
Total Revenue$152K
Total Expenses$182K
Total Assets$213K
Grant Records26
Funding Total$1.1M
Filing Years2019–2024

Mission

AUSTIN COMMUNITY GROWTH VENTURES (ACGV) WAS ESTABLISHED AS A 501(C)(3) CHARITABLE ORGANIZATION BY THE DEVELOPMENT CORPORATION OF AUSTIN WITH THE OVERALL GOAL TO PROMOTE, ENCOURAGE, AND AID IN THE CREATION OF AN INNOVATIVE ECOSYSTEM THAT SUPPORTS EDUCATION, CREATES QUALITY JOBS, AND INCREASES THE NEW APPLICATION OF BIOTECHNOLOGY, AGIRCULTURAL TECHNOLOGY, AND FOOD SCIENCE. ACGV WILL SERVE AS A KEY FACILITATOR IN AFFORDING EARLY STAGE COMPANIES AND DEVELOPED COMPANIES A CHANCE TO SUCCEED BY PROVIDING EDUCATION AND TRAINING IN IDEA DEVELOPMENT ASSISTANCE, PATENT SUBMISSION, BUSINESS PLANNING ASSISTANCE, AND FINANCING.

Officers & Directors

DIRECTOR Craig Johnson
DIRECTOR Dan Hoffman
SECRETARY/TREASURER Gail Dennison
CHAIR Geoff Smith
EXECUTIVE DIRECTOR - DCA John Garry
DIRECTOR Phil Minerich

Officer compensation and complete director data available with membership.

Top Grant Purposes

Community Projects
$571,433 6 grants
SUPPORT CHARITABLE PROGRAMS
$182,500 5 grants
PUBLIC, SOCIETAL BENEFIT
$120,500 4 grants
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$75,000 3 grants
MULTIPLE GRANTS
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $152K $182K $213K
2023 $163K $202K $259K
2022 $187K $348K $295K
2020 $1.1M $35.5M $1.3M
2019 $20.7M $1.0M $35.8M

Between 2019 and 2024, reported annual revenue declined from $20.7M to $152K (-99%), with total assets most recently reported at $213K.

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

See the full picture for AUSTIN COMMUNITY GROWTH VENTURES

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