Nonprofit · EIN 41-1446548
GREATER MANKATO GROWTH INC
Tax-exempt · MANKATO, MN 56001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,018,572 | $3,426,810 | -$408,238 | $4,155,228 | $1,283,985 | $2,871,243 |
| December 31, 2024 | 990 | $3,240,825 | $3,231,984 | $8,841 | $4,543,819 | $1,319,425 | $3,224,394 |
| December 31, 2023 | 990 | $3,319,306 | $2,981,658 | $337,648 | $4,714,686 | $1,536,546 | $3,178,140 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,017,101
- of which government grants
- $30,000
- Membership dues
- $614,706
- Program service revenue
- $1,793,822
- Investment income
- $119,954
- Net gain from sales of assets
- $9,223
- Net income from fundraising events
- $63,236
- Other revenue
- $87,695
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $196,090
- Other salaries and wages
- $1,264,831
- Salaries, compensation and benefits (total)
- $1,810,861
- Professional fundraising fees
- $0
- Legal fees
- $420
- Accounting fees
- $35,079
- Occupancy
- $194,378
- Travel
- $72,087
- Depreciation
- $27,070
- Program services (functional)
- $3,055,011
- Management and general (functional)
- $361,116
- Fundraising (functional)
- $10,683
Balance sheet and other
- Total assets, start of year
- $4,543,819
- Total assets, end of year
- $4,155,228
- Total liabilities, end of year
- $1,283,985
- Net assets, end of year
- $2,871,243
- Land, buildings and equipment
- $37,359
- Publicly traded securities
- $2,165,163
- Net assets without donor restrictions
- $2,871,243
- Gross receipts
- $3,060,043
- Employees
- 30
- Volunteers
- 950
- Year formed
- 1982
- State of legal domicile
- MN
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 | Other / benefits |
|---|---|---|---|---|
| DELLA SCHMIDT | PRESIDENT AN Officer | 40 | $196,090 | $17,078 |
| WES OTTO | CHAIR Officer | 2.5 | $0 | $0 |
| SAMANTHA BOECK | VICE-CHAIR Officer | 2.5 | $0 | $0 |
| BEN ELLINGSON | TREASURER/SE Officer | 2.5 | $0 | $0 |
| JAMIE JACOBS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTINE POWERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER SPAUDE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JO GUCK BAILEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LIZ ULMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KERI JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR PAUL PETERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN ARNTZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN MCCANN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR EDWARD INCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHARLIE WHITAKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AARON JONES | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID KRAUSE | BOARD MEMBER Trustee or director | 1 | $0 |
| CORY GENELIN | BOARD MEMBER Trustee or director | 1 | $0 |
| GERRY BURKE | BOARD MEMBER Trustee or director | 1 | $0 |
| RYAN ERICKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| DR KARTHIK GHOSH | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DELLA SCHMIDT | PRESIDENT AN Officer | 40 | $105,014 | $5,996 |
| DAVID KRAUSE | CHAIR Officer | 2.5 | $0 | $0 |
| WES OTTO | VICE-CHAIR Officer | 2.5 | $0 | $0 |
| BEN ELLINGSON | TREASURER/SE Officer | 2.5 | $0 | $0 |
| JAMIE JACOBS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTINE POWERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER SPAUDE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JO GUCK BAILEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LIZ ULMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID KIM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALEC PFEFFER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KERI JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR PAUL PETERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR JAMES HEBL MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN ARNTZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SAMANTHA BOECK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN MCCANN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JESSICA POTTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR EDWARD INCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR ANNETTE PARKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHARLIE WHITAKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WES BECK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AARON JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA BEYER | PRESIDENT AN Officer | 40 | $159,135 | $5,865 |
| DAVID KRAUSE | CHAIR Officer | 2.5 | $0 | $0 |
| DAVID KIM | VICE-CHAIR Officer | 2.5 | $0 | $0 |
| BEN ELLINGSON | TREASURER/SE Officer | 2.5 | $0 | $0 |
| JAMIE JACOBS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTINE POWERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER SPAUDE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NAJWA MASSAD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR CUONG HUYNH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JO GUCK BAILEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LIZ ULMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WESLEY OTTO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR MARK DEHEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALEC PFEFFER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KERI JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR PAUL PETERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GARY KOCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR JAMES HEBL MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN ARNTZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SAMANTHA BOECK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN MCCANN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JESSICA POTTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR EDWARD INCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR ANNETTE PARKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3 CIVIC CENTER PLZ STE 100, MANKATO, MN 56001-7734
- Principal officer (990 for 2025)
- DELLA SCHMIDT, 3 CIVIC CENTER PLAZA SUITE 100, MANKATO, MN 56001
- Signed the 990
- DELLA SCHMIDT, PRESIDENT AND CEO
- Phone
- (507) 385-6645
- Website
- WWW.GREATERMANKATO.COM
- Return prepared by
- CARLSONSV LLP
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.
Program accomplishments
- 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 REQUESTS FOR PROPOSALS ISSUED OR RESPONDED TO -37% INCREASE IN BUSINESS AFTER HOURS ATTENDANCE
- 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 PARTICIPATED IN SHOP DOWNTOWN ALONG WITH 31 BUSINESSES -22 BUSINESSES PARTICIPATED IN THE ANNUAL LET IT GLOW, KATO
- 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 AND WORKED TO ADDRESS WORKPLACE MANDATES AND REGULATORY ISSUES TO SUPPORT BUSINESS GROWTH AND INVESTMENT.
- TALENT -198 MEMBERS ARE INVOLVED IN THE YOUNG PROFESSIONALS -38 PARTICIPANTS GRADUATED FROM THE LEADERSHIP INSTITUTE IN AUG 2025. -16 BUSINESS AND NON-PROFIT LEADERS PARTICIPATED IN THE EXECUTIVE SOUNDING BOARD PROGRAM. -256 RECIPIENTS OF GLOBAL WORKFORCE PROGRAM TECHNICAL ASSISTANCE FOR AG BUSINESSES SEEKING TO HIRE NON-US CITIZENS. (UP 35%) -220 STUDENTS DISCOVERED AG CAREERS AT GS CLASSROOM PRESENTATIONS ORGANIZATIONAL -5TH LARGEST CHAMBER OF COMMERCE IN MN -909 MEMBERS, -82 VOLUNTEERS WITH GREATER MANKATO AMBASSADORS -87 AMBASSADORS' VISITS FOR NEW BUSINESSES IN THE GREATER MANKATO AREA
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
- 41-1446548
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $4,155,228
- Income (IRS master file)
- $3,060,043
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,018,572 | $3,426,810 | $4,155,228 | XML |
| 990 | December 2024 | $3,240,825 | $3,231,984 | $4,543,819 | XML |
| 990 | December 2023 | $3,319,306 | $2,981,658 | $4,714,686 | XML |
| 990 | December 2022 | $2,804,170 | $2,586,359 | $4,430,828 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 41-1446548).
Questions about GREATER MANKATO GROWTH INC
- What is the EIN of GREATER MANKATO GROWTH INC?
- The employer identification number (EIN) of GREATER MANKATO GROWTH INC is 41-1446548.
- Is GREATER MANKATO GROWTH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1983.
- Are donations to GREATER MANKATO GROWTH INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREATER MANKATO GROWTH INC 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 GREATER MANKATO GROWTH INC 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 GREATER MANKATO GROWTH INC 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 GREATER MANKATO GROWTH INC?
- The 990 for the year ended December 31, 2025 names DELLA SCHMIDT.
- Who are the officers and directors of GREATER MANKATO GROWTH INC?
- The 990 for the year ended December 31, 2025 lists 21 people; 1 received compensation from the organization, the highest $196,090 (DELLA SCHMIDT, PRESIDENT AN).
- How much revenue does GREATER MANKATO GROWTH INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,018,572, expenses of $3,426,810 and total assets of $4,155,228 at year end.
Other nonprofits in MANKATO
- MINNESOTA VALLEY ACTION COUNCIL INC EIN 41-6050353 · last filed 990 for 2025
- CENTER FOR RURAL POLICY AND DEVELOPMENT EIN 41-1919016 · last filed 990 for 2025
- MINNESOTA BIODIESEL COUNCIL EIN 41-1989356 · last filed 990-EZ for 2025
- GREATER MANKATO GROWTH INC FOUNDATION EIN 47-2790832 · last filed 990 for 2024
- UPPER MIDWEST DAIRY INDUSTRY ASSOCIATION EIN 84-1765232 · last filed 990-N for 2025
- SOUTHERN MINNESOTA HOCKEY OFFICIALS ASSOCIATION EIN 37-1499803 · last filed 990-N for 2025
- SOUTH SUDANESE COMMUNITY OF MINNESOTA EIN 84-3136135 · last filed 990-N for 2025
- MANKATO REHABILITATION CENTER INC EIN 41-0736870 · last filed 990 for 2025
All nonprofits in MANKATO · Minnesota · Community improvement and capacity building