EIN 41-1446548

Greater Mankato Growth (GMG)

IRS 501(c) type
501(c)(6)
Num. employees
26
Year formed
1982
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Greater Mankato Growth is committed to Advancing Business for a Stronger Community as the regional Chamber of Commerce and Economic Development Organization. Greater Mankato Growth, Inc. also includes two affiliate organizations: Visit Mankato, which focuses on visitor attraction and servicing, and the City Center Partnership, which focuses on development in the City Center. Greater Mankato Growth, Inc. exists to support and promote the economic growth and vitality of our members and the regional marketplace.
Total revenues
$3,319,306
2023
Total expenses
$2,981,658
2023
Total assets
$4,714,686
2023
Num. employees
26
2023

Program areas at GMG

Business development --the 2023 business awards and hall of fame sold out. 417 participants and 14 awards were presented between our four business units. --partnered with south central tour of manufacturing featuring 15 area organizations hosting 443 students from 19 local schools. --resident recruitment program in twin cities, st. could, and chicago with over 10 million impressions. --greenseam presented at the mn ag expo, farmfest, mn pork congress, and mn chamber of commerce annual meetings. --city center partnership's bonus gift card program saw 26,428 in receipts turned in for bonus gift cards equating to 3.50 in additional spending for every 1 ccp invested. --Greater Mankato hosted the 2022 annual meeting, 395 people attended. --48 sports, 30 conferences and 13 leisure events brought 12 million to the region. --Mankato marathon hosted 3,398 runners with an economic impact of 2 million. --Greater Mankato golf tournament gathered 144 golfers along with over 100 guests and over 30 sponsors for business connections and networking. --created the first member showcase online auction with over 100 member businesses donating items. --worked with more than 1,000 stakeholders to shape the future vision of Greater Mankato. --280 attendees joined greenseam's celebration of ag event. --e-news subscribers increased 40%, facebook likes increased 289% and --instagram followers increased 254% --1,500 attendees for monthly business after hours monthly networking events. --greenseam hosted the celebration of ag with over 250 attendees.
Advocacy & visibility --hosted 3 legislative forums. --Greater Mankato at the capitol hosted more than 30 business and community leaders who me with the gover and 6 legislators. --secured 100m in tax relief --greenseam published the 2023 state of ag survey report, focusing on the state of agriculture in our region.
Livability --32 new sculptures were installed on the 13th anniversary of walking sculpture tour --city center partnership hosted 3 installments of the free concert series - alive after 5, attracting more than 1,400 visitors --hosted 4 installments of songs on the lawn, also a free concert series, bringing in over 2,000 visitors. --16 businesses participated in the let it glow campaign in 2023.
Talent --192 members involved in young professionals with 82 new members. --greenseam helped Mankato area schools secure funding to hire a new ag teacher which allowed +400 students to go through the ag program in 2021. --40 participants graduated from leadership institute in aug 2023. --dei collaborative graduated 29 participants in may, 2023. --17 business and non-profit leaders participated in the executive sounding board program. --global workforce program technical assistance for ag businesses seeking to hire non-us citizens. Organizational --6th largest chamber of commerce in mn --910 members, 56 new members --34 volunteers with Greater Mankato cavaliers --82 ambassadors' visits for new businesses in the Greater Mankato area with 50 volunteers.

Who funds Greater Mankato Growth (GMG)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Mankato Growth FoundationFinancial Assistance$15,749
Minnesota Corn Growers AssociationEducation & Awareness$6,000

Personnel at GMG

NameTitleCompensation
Jessica BeyerPresident and Chief Executive Officer$169,772
Jonathan ZierdtChief Executive Officer$183,140
Joy LeafbladSports and Special Events Director
Andy JoinedDirector of Business
Liz SharpDirector of Business Event
...and 23 more key personnel

Financials for GMG

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,470,312
Program services$1,717,068
Investment income and dividends$61,007
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$127
Net income from fundraising events$12,266
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$58,526
Total revenues$3,319,306

Form 990s for GMG

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-20990View PDF
2022-122023-09-13990View PDF
2021-122022-08-25990View PDF
2020-122021-10-26990View PDF
2019-122020-09-23990View PDF
...and 10 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $15,749 from Greater Mankato Growth Foundation
October 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 25, 2023
Updated personnel
Identified 5 new personnel
August 20, 2023
Updated personnel
Identified 5 new personnel
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Trade associationsChambers of commerceBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
MembershipsFundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringFundraising races, competitions, and tournaments
General information
Address
3 Civic Ctr Plaza Suite 100
Mankato, MN 56001
Metro area
Mankato, MN
County
Blue Earth County, MN
Website URL
greatermankato.com/ 
Phone
(507) 385-6640
Facebook page
greatermankatogrowth 
Twitter profile
@greatermankato 
IRS details
EIN
41-1446548
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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