Growth Inc.

Fiscal year ending 2024. Filed on November 12, 2025.

117 North Walnut
Hutchinson, Kansas 67501

Growth Inc. (EIN: 48-1027889) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Growth Inc., a 501(c)(6) business league, reported compensation for 1 employee. Among the employees shown here, the average compensation is $221,906. The highest compensated employee at Growth Inc. is Debra Teufel with fiscal year 2024 compensation of $221,906.

Revenue, expenses, and employee compensation

Revenue

$1,864,067

Expenses

$124,590

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Mission Statement

GROWTH INC'S PURPOSE IS THE PROMOTE THE BUSINESS ECONOMY AND INDUSTRIAL DEVELOPMENT FOR THE CITY OF HUTCHINSON, KS AND THE SURROUNDING AREA. IT RECEIVES ITS FUNDING FROM THE CITY OF HUTCHINSON AND CITY OF SOUTH HUTCHINSON IN 2024. IN 2024, GROWTH INC RECEIVED A GRANT FOR 2,000,000 FROM THE KANSAS DEPARTMENT OF COMMERCE TO USE FOR K96 CORRIDOR INDUSTRIAL COMPLEX DEVELOPMENT.

Revisions to this organization profile

November 12, 2025:
2024 Growth Inc. 990 filed
November 15, 2024:
2023 Growth Inc. 990 filed
November 15, 2023:
2022 Growth Inc. 990 filed

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