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Organizations Community Improvement & Capacity Building Greater Mankato Growth Inc.

Greater Mankato Growth Inc.

Fiscal year ending 2024. Filed on August 15, 2025.

3 Civic Center Plaza Suite 100
Mankato, Minnesota 56001

Greater Mankato Growth Inc. (EIN: 41-1446548) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Greater Mankato Growth Inc., a 501(c)(6) business league, reported compensation for 4 out of 32 total employees. Among the employees shown here, the average compensation is $111,010. The highest compensated employee at Greater Mankato Growth Inc. is Della Schmidt with fiscal year 2024 compensation of $111,010.

Revenue, expenses, and employee compensation

Revenue

$3,240,825

Expenses

$3,231,984

Employee compensation

$1,686,555
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Della Schmidt
President
$111,010
$105,014 No related comp$5,996
David Krause
Chair
$0
Ben Ellingson
Treasurer and Secretary
$0
Wes Otto
Vice Chair
$0

Benchmark Employee Compensation

Non-Employee Board Members

Aaron Jones
Board Member
Alec Pfeffer
Board Member
Charlie Whitaker
Board Member
Christine Powers
Board Member
David Kim
Board Member
Dr Annette Parker
Board Member
Dr Edward Inch
Board Member
Dr James Hebl, M.D.
Board Member
Dr Paul Peterson
Board Member
Jamie Jacobs
Board Member
Jennifer Spaude
Board Member
Jessica Potter
Board Member

Mission Statement

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.

Revisions to this organization profile

August 15, 2025:
2024 Greater Mankato Growth Inc. 990 filed
August 20, 2024:
2023 Greater Mankato Growth Inc. 990 filed
September 13, 2023:
2022 Greater Mankato Growth Inc. 990 filed

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Mankato, Minnesota