Skip to main content

Nonprofit · EIN 41-1595930

ENTERPRISE MINNESOTA INC

Tax-exempt · MINNEAPOLIS, MN 55413

Financials

$5.9M$5.8M2022$6.7M$6.6M2023$6.9M$7M2024
Revenue Expenses · by fiscal year end
Financials of ENTERPRISE MINNESOTA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,877,212$6,969,962-$92,750$4,134,367$1,911,313$2,223,054
June 30, 2024990$6,718,170$6,585,847$132,323$4,240,934$1,912,308$2,328,626
June 30, 2023990$5,860,262$5,831,875$28,387$3,929,515$1,751,603$2,177,912
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,870,504
of which government grants
$3,870,504
Program service revenue
$2,892,428
Investment income
$114,280
Net gain from sales of assets
$49,986
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$899,031
Other salaries and wages
$3,381,242
Salaries, compensation and benefits (total)
$5,485,396
Professional fundraising fees
$0
Occupancy
$40,946
Travel
$207,928
Depreciation
$163,507
Program services (functional)
$6,118,383
Management and general (functional)
$851,579

Balance sheet and other

Total assets, start of year
$4,240,934
Total assets, end of year
$4,134,367
Total liabilities, end of year
$1,911,313
Net assets, end of year
$2,223,054
Land, buildings and equipment
$289,940
Net assets without donor restrictions
$2,223,054
Gross unrelated business income
$58,300
Gross receipts
$8,646,979
Employees
35
Volunteers
10
Year formed
1987
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT KILLPRESIDENT AND CEO
Officer
40$256,115$26,598
PATRICIA VASATKAVP OF FINANCE
Officer
40$170,592$42,550
LYNN SHELTONVP OF MARKETING
Officer
40$186,781$25,115
JOHN CONNELLYVP OF CONSULTING
Officer
40$182,419$21,579
JAMES SCHOTTMULLERBUSINESS DEVELOPER
Highest-paid employee
40$155,479$41,545
WILLIAM MARTINSONBUSINESS DEVELOPER
Highest-paid employee
40$125,599$37,715
KEITH GADACZCONSULTANT
Highest-paid employee
40$124,133$38,761
STEVEN HAARSTADCONSULTANT
Highest-paid employee
40$116,855$40,771
DAWN LOBERGBUSINESS DEVELOPER
Highest-paid employee
40$117,244$39,743
JOE BREITERDIRECTOR
Trustee or director
1$0$0
CURT TILLOTSONDIRECTOR
Trustee or director
1$0$0
JOE PLUNGERCHAIR
Trustee or director, Officer
1$0$0
JOHN NORRISDIRECTOR
Trustee or director
1$0$0
KURT SCHROMVICE-CHAIR
Trustee or director, Officer
1$0$0
LORI KLOOSDIRECTOR
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
MARK NELSONDIRECTOR
Trustee or director
1$0
MATT HANSONDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
ROBERT KILLPRESIDENT AND CEO
Officer
40$246,199$27,320
PATRICIA VASATKAVP OF FINANCE
Officer
40$167,013$43,828
LYNN SHELTONVP OF MARKETING
Officer
40$178,100$23,592
JOHN CONNELLYVP OF CONSULTING
Officer
40$173,393$22,074
JAMES SCHOTTMULLERBUSINESS DEVELOPER
Highest-paid employee
40$125,689$41,279
WILLIAM MARTINSONBUSINESS DEVELOPER
Highest-paid employee
40$123,189$38,461
KEITH GADACZCONSULTANT
Highest-paid employee
40$112,988$38,421
STEVEN HAARSTADCONSULTANT
Highest-paid employee
40$112,055$38,709
GEORGE TANGENRELATIONSHIP MANAGER
Highest-paid employee
40$112,875$35,084
GREG BUCKDIRECTOR
Trustee or director
1$0$0
HOLLY MINNEDIRECTOR
Trustee or director
1$0$0
JOE MULFORDDIRECTOR
Trustee or director
1$0$0
JOE PLUNGERCHAIR
Trustee or director, Officer
1$0$0
JOHN NORRISDIRECTOR
Trustee or director
1$0$0
KURT SCHROMDIRECTOR
Trustee or director
1$0$0
LORI KLOOSDIRECTOR
Trustee or director
1$0$0
MARK NELSONDIRECTOR
Trustee or director
1$0$0
MATT HANSONVICE-CHAIR
Trustee or director, Officer
1$0$0
PAUL EBNETDIRECTOR
Trustee or director
1$0$0
STEVE PALMERDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
ROBERT KILLPRESIDENT AND CEO
Officer
40$251,897$25,299
PATRICIA VASATKAVP OF FINANCE
Officer
40$155,389$39,691
LYNN SHELTONVP OF MARKETING
Officer
40$166,205$22,847
JOHN CONNELLYVP OF CONSULTING
Officer
40$164,479$20,609
WILLIAM MARTINSONBUSINESS DEVELOPER
Highest-paid employee
40$123,733$35,903
ALLY JOHNSTONCONSULTANT
Highest-paid employee
40$110,012$34,685
STEVEN HAARSTADCONSULTANT
Highest-paid employee
40$105,841$36,547
KEITH GADACZCONSULTANT
Highest-paid employee
40$106,026$35,022
GEORGE TANGENRELATIONSHIP MANAGER
Highest-paid employee
40$106,252$32,117
GREG BUCKDIRECTOR
Trustee or director
1$0$0
JOE MULFORDDIRECTOR
Trustee or director
1$0$0
JOE PLUNGERDIRECTOR
Trustee or director
1$0$0
HOLLY MINNEDIRECTOR
Trustee or director
1$0$0
MARK NELSONDIRECTOR
Trustee or director
1$0$0
MATT HANSONDIRECTOR
Trustee or director
1$0$0
MIKE JENSENDIRECTOR
Trustee or director
1$0$0
PAUL EBNETCHAIR
Trustee or director, Officer
1$0$0
STEVE PALMERVICE-CHAIR
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
2100 SUMMER ST NE STE 150, MINNEAPOLIS, MN 55413-3013
Principal officer (990 for 2024)
MARK O'LEARY, 2100 SUMMER STREET NE 150, MINNEAPOLIS, MN 55413
Signed the 990
MARK O'LEARY, PRESIDENT & CEO
Phone
(612) 373-2900
Return prepared by
SDK CPA

Mission

TO PROMOTE ECONOMIC GROWTH AND JOB CREATION THROUGH APPLIED RESEARCH, TECHNOLOGY TRANSFER, AND PRODUCTIVE DEVELOPMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • ENTERPRISE MINNESOTA HELPS SMALL AND MID-SIZED MANUFACTURERS DEVELOP AND IMPLEMENT STRATEGIES TO GROW BUSINESS. WHETHER WALKING THROUGH THE LEAN MANUFACTURING PROCESS OR TRAINING ON THE LATEST MANAGEMENT STRATEGIES, WE HELP MANUFACTURING BUSINESSES COMPETE AND GROW PROFITABLY. OUR INDUSTRY EXPERTS ARE LOCATED ACROSS MINNESOTA TO HELP CLIENTS ACHIEVE THEIR GOALS AND BECOME WORLD-CLASS MANUFACTURERS. ENTERPRISE MINNESOTA IS AN AFFILIATE OF THE NATIONAL MEP NETWORK PART OF THE U.S. DEPARTMENT OF COMMERCE'S NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY, (NIST), AND ASSISTS SMALL AND MEDIUM SIZED MANUFACTURING COMPANIES BY PROVIDING PRODUCTS AND SERVICES DESIGNED TO HELP THEM SUCCEED. (CONTINUED ON SCHEDULE O)(CONTINUED FROM PART III)ENTERPRISE MINNESOTA HAS SUCCESSFULLY LEVERAGED THIS FEDERAL SUPPORT FOR MORE THAN 30 YEARS AND ADMINISTRATING THE COOPERATIVE AGREEMENT THAT PROVIDES FOR THE MEP CENTER IN MINNESOTA. IN THE PAST THREE YEARS ALONE, WE ACCOMPLISHED THE FOLLOWING: - 53 MINNESOTA COMPANIES RECEIVED CRITICAL BUSINESS ASSISTANCE.- THESE COMPANIES REALIZED A POSITIVE ECONOMIC IMPACT OF $1.5 MILLION TO THEIR BOTTOM LINE IN INCREASED SALES, REDUCED PRODUCTION COSTS, AND IMPROVED EMPLOYEE UTILIZATION. - MORE THAN 6,900 JOBS HAVE BEEN CREATED OR RETAINED. IN ADDITION TO OUR CONSULTING SERVICES, ENTERPRISE MINNESOTA OFFERED THREE GREAT WAYS TO KEEP UP WITH THE LATEST MANUFACTURING NEWS IN MINNESOTA; ENTERPRISE MAGAZINE, E-TRENDS NEWSLETTER, AND THE ANNUAL STATE OF MANUFACTURING POLL, A STATEWIDE RESEARCH PROJECT THAT INCLUDES HUNDREDS OF PHONE SURVEYS AND SEVERAL FOCUS GROUPS WITH MANUFACTURING EXECUTIVES ACROSS THE STATE.
    Expenses $6,118,383 · revenue $3,037,514

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-1595930
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,134,367
Income (IRS master file)
$8,646,979

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,877,212$6,969,962$4,134,367IRS
990-TJune 2025–––IRS
990June 2024$6,718,170$6,585,847$4,240,934IRS
990-TJune 2024–––IRS
990June 2023$5,860,262$5,831,875$3,929,515XML
990-TJune 2023–––IRS
990June 2022$6,487,386$5,612,454$3,826,977IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 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 41-1595930).

Questions about ENTERPRISE MINNESOTA INC

What is the EIN of ENTERPRISE MINNESOTA INC?
The employer identification number (EIN) of ENTERPRISE MINNESOTA INC is 41-1595930.
Is ENTERPRISE MINNESOTA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to ENTERPRISE MINNESOTA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ENTERPRISE MINNESOTA 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 ENTERPRISE MINNESOTA INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ENTERPRISE MINNESOTA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ENTERPRISE MINNESOTA INC?
The 990 for the year ended June 30, 2025 names MARK O'LEARY.
Who are the officers and directors of ENTERPRISE MINNESOTA INC?
The 990 for the year ended June 30, 2025 lists 17 people; 9 received compensation from the organization, the highest $256,115 (ROBERT KILL, PRESIDENT AND CEO).
How much revenue does ENTERPRISE MINNESOTA INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,877,212, expenses of $6,969,962 and total assets of $4,134,367 at year end.

Other nonprofits in MINNEAPOLIS

All nonprofits in MINNEAPOLIS · Minnesota · Public and societal benefit