Minnesota · Nonprofit
GREATER MANKATO GROWTH INC
GREATER MANKATO GROWTH INC (Minnesota) receives grants from 7 organizations whose IRS filings report $101,867 to it, the largest being GREATER TWIN CITIES UNITED WAY ($51,917). 2 of them have funded it in more than one year.
- Revenue FY2025
- $3.0M
- Funders on record
- 7
- Grants received
- $102k
- Net assets
- $2.9M
What Greater Mankato Growth Inc does
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.
As stated on its FY2025 Form 990.
Programs
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
The 4 programs described on its FY2025 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.3M to $4.4M (+33%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 1% · 2019 4% · 2020 14% · 2021 3% · 2023 6% · 2024 8% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
34% of GREATER MANKATO GROWTH INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Wes Otto
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2018 and FY2019 filings.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income rose $500 → $6k.
Left out of every figure on this page: $16k from one payer (the payer shares this organization's board, largest Greater Mankato Growth Inc Foundation). These are real filings, and they are not money GREATER MANKATO GROWTH INC raised.
From the IRS filings of GREATER MANKATO GROWTH INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
GREATER MANKATO GROWTH INC leans on a few funders — its largest provides 51% of grant income and the top three 84%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREATER MANKATO GROWTH INC.
Largest funder’s share by year: 2017 100% · 2019 100% · 2020 60% · 2021 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of GREATER MANKATO GROWTH INC's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GREATER MANKATO GROWTH INC's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like GREATER MANKATO GROWTH INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 5 related entities
- Visit Mankato LLC · disregarded
- City Center Partnership LLC · disregarded
- Greenseam LLC · disregarded
- Greater Mankato Growth Inc Found · exempt
- Greenseam Futures · exempt
Screen this organization
A dated, signed PDF of the compliance screen for GREATER MANKATO GROWTH INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GREATER MANKATO GROWTH INC?
- GREATER MANKATO GROWTH INC (Minnesota) receives grants from 7 organizations whose IRS filings report $101,867 to it, the largest being GREATER TWIN CITIES UNITED WAY ($51,917). 2 of them have funded it in more than one year.
- How many funders does GREATER MANKATO GROWTH INC have?
- IRS filings report 7 organizations giving $101,867 in grants to GREATER MANKATO GROWTH INC, 2 of which have funded it in more than one year.
- Who is the largest funder of GREATER MANKATO GROWTH INC?
- GREATER TWIN CITIES UNITED WAY is the largest funder on record, with $51,917 in grants. The full list of funders is on this page.
- How can an organization like GREATER MANKATO GROWTH INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Greater Mankato Growth →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing