MINNEAPOLIS - ST PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP

SAINT PAUL, MN, 55101-2027 (651) 287-1365 Est. 2010 EIN 27-4026636
S30— Community Improvement Form 990 501(c)(3)
WWW.GREATERMSP.ORG

Mission

THE MISSION OF THE GREATER MSP PARTNERSHIP IS TO ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH THROUGH JOB CREATION, CAPITAL INVESTMENT AND EXECUTION OF STRATEGIC INITIATIVES. THE PARTNERSHIP WORKS TO STRENGTHEN OUR REGION'S GLOBAL SECTORS, PRIORITIZE TALENT, AND TELL OUR STORY.

Giving Portfolio

Total Grants
7
Total Giving
$203K
Recipients
7
Years Active
2022 - 2024
Avg grant: $28,139 Median: $25,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$60K $20K21
20231$25K $25K01
20223$118K $39K30

Sectors Funded

Arts, Culture & Humanities
4
Science & Technology
1
Community Improvement
1

Top States

Minnesota
6
California
1

Grantee Size Profile

$1M - $5M
6
$10M - $50M
1

Top Grantees

Grants Awarded · 7 grants

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Financials

Total Revenue
$10,270,115
Total Expenses
$8,633,502
Net Assets
$6,430,163
27 employees 1,000 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
8.9 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 28.2%
Expenses ↑ 13.1%
Revenue Sources
Contributions 99.1% Investment 0.9%
Expense Breakdown
Program 77.4% Management 20.6% Fundraising 2.0%

Officers & Trustees (52)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$10,270,115 $8,633,502$6,430,163
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$8,008,937 $7,635,137$4,781,467
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$6,796,435 $6,890,625$4,387,154
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$6,502,146 $6,359,834$4,481,344
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$6,217,248 $5,482,783$4,339,032
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$5,926,494 $5,925,079$2,856,715

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EIN: 27-4026636 · Source: IRS Form 990 e-file data