MANKATO, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GREATER MANKATO GROWTH INC, founded in 1982, is a community nonprofit in the Community Improvement sector that reported $3.2M in total revenue in fiscal year 2024.
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.
BUSINESS DEVELOPMENT --THE 2023 BUSINESS AWARDS AND HALL OF FAME SOLD OUT. 417 PARTICIPANTS AND 14 AWARDS WERE PRESENTED BETWEEN OUR FOUR BUSINESS UNITS. --7.8 MILLION RESIDENTIAL RECRUITMENT...
BUSINESS DEVELOPMENT --THE 2023 BUSINESS AWARDS AND HALL OF FAME SOLD OUT. 417 PARTICIPANTS AND 14 AWARDS WERE PRESENTED BETWEEN OUR FOUR BUSINESS UNITS. --7.8 MILLION RESIDENTIAL RECRUITMENT BILLBOARD IMPRESSIONS --571,000 ORGANIC LINKEDIN IN IMPRESSIONS --13,500 SUPPORT LOCAL BUSINESSES' FACEBOOK PAGE --SECURED 195,000 TO SUPPORT WORK-BASED LEARNING OPPORTUNITIES FOR STUDENTS --1,600 ATTENDEES FOR MONTHLY BUSINESS AFTER HOURS MONTHLY NETWORKING EVENTS. --GREENSEAM HOSTED THE CELEBRATION OF AG WITH OVER 250 ATTENDEES.
LIVABILITY --556 BONUS GIFT CARDS DISTRIBUTED FOR DOWNTOWN SPENDING WITH 50,000 OF RECEIPTS TURNED IN --17 BUSINESSES PARTICIPATED IN LET IT GLOW --CITY ART WALKING SCULPTURE SAW VISITORS FROM 20...
LIVABILITY --556 BONUS GIFT CARDS DISTRIBUTED FOR DOWNTOWN SPENDING WITH 50,000 OF RECEIPTS TURNED IN --17 BUSINESSES PARTICIPATED IN LET IT GLOW --CITY ART WALKING SCULPTURE SAW VISITORS FROM 20 STATES, 81 ZIP CODES, AND 24% FROM MORE THAN 75 MILES AWAY
ADVOCACY & VISIBILITY --HOSTED 4 ELECTION FORUMS WITH 13 CANDIDATE PARTICIPANTS --GMG TOOK OWNERSHIP OF THE I-90 PARTY, HOSTING MORE THAN 250 ATTENDEES AND 100 LEGISLATORS --WORKED WITH MN DEPT OF...
ADVOCACY & VISIBILITY --HOSTED 4 ELECTION FORUMS WITH 13 CANDIDATE PARTICIPANTS --GMG TOOK OWNERSHIP OF THE I-90 PARTY, HOSTING MORE THAN 250 ATTENDEES AND 100 LEGISLATORS --WORKED WITH MN DEPT OF EMPLOYMENT TO EDUCATE OVER 100 BUSINESS LEADERS ON THE NE PAID LEAVE ACT IN MN
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,240,825 | $3,319,306 | 0.0% |
| Expenses | $3,231,984 | $2,981,658 | +0.1% |
| Net Income | $8,841 | $337,648 | -1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID KRAUSE | CHAIR | 2.50 |
Officer
|
$0 | $0 | $0 |
| WES OTTO | VICE-CHAIR | 2.50 |
Officer
|
$0 | $0 | $0 |
| BEN ELLINGSON | TREASURER/SE | 2.50 |
Officer
|
$0 | $0 | $0 |
| DELLA SCHMIDT | PRESIDENT AN | 40.00 |
Officer
|
$105,014 | $5,996 | $111,010 |
| JAMIE JACOBS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINE POWERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER SPAUDE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JO GUCK BAILEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LIZ ULMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID KIM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEC PFEFFER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KERI JOHNSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR PAUL PETERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR JAMES HEBL MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN ARNTZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SAMANTHA BOECK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN MCCANN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA POTTER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR EDWARD INCH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ANNETTE PARKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLIE WHITAKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WES BECK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AARON JONES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,240,825 | $3,231,984 | $4,543,819 | $8,841 |
| 2023 | $3,319,306 | $2,981,658 | $4,714,686 | $337,648 |
| 2022 | $2,804,170 | $2,586,359 | $4,430,828 | $217,811 |
| 2021 | $2,765,027 | $2,102,268 | $3,333,908 | $662,759 |
| 2020 | $2,337,678 | $1,996,245 | $2,661,810 | $341,433 |
| 2019 | $3,630,289 | $2,925,476 | $2,105,024 | $704,813 |
| 2018 | $2,581,250 | $2,624,933 | $1,530,807 | $-43,683 |
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