EIN 45-2050341

Greater St Cloud Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
2011
Most recent tax filings
2022-12-01
Description
Greater St Cloud Development Corporation leads inclusive and equitable economic development for the benefit of the greater St Cloud community. The organization is focused on building and developing the community through multiple strategic initiatives that support business development, including improving access to the region. In addition, GSDC takes a leadership position in partnering with local cities, counties, and the state of MN to deploy collaborative regional processes and responses to business attraction. The organization is also an engaged member in the MN marketing PA.
Total revenues
$1,413,626
2022
Total expenses
$1,130,152
2022
Total assets
$1,353,759
2022
Num. employees
6
2022

Program areas at Greater St Cloud Development Corporation

Community Development in order to attract, retain and expand businesses within the region, the gsdc is focused on building and developing the community through multiple strategic initiatives that support business Development 1) improve access to the region by expanding the regional transportation infrastructure: gsdc successfully led efforts resulting in the creation of a regional airport authority to more effectively operate and grow air service at the St. Cloud regional airport. Gdsc also collaborates with the i94 west coalition to promote continued expansion of i94 from the twin cities to the St Cloud region. 2) gsdc aggressively markets and promotes the region for talent and business attraction, retention and expansionvia a comprehensive website (www.stcloudshines.com), through an expansive social media campaign that has garnered more than 170 million impressions via facebook and instagram since its launch in 2019 and by showcasing more than 20,000 jobs available with more than 1,300 employers in the region. 3) gsdc continues to host and support the harvard based young american leaders cohort initiative. 4) gsdc hosted executive roundtable sessions on critical topics of interest to our employers (e.g. Talent recruitment & retention, mental health in the workplace, supply chain & childcare challenges). 5) gsdc collaborates and actively engaged with the newly formed downtown alliance to promote revitalization efforts for the downtown St. Cloud region. 6) gsdc solicited and recognized four companies/organizations with innovation awards. 7) gsdc provides administrative and fiscal hosting services to support the epic program (exploring potential interests and careers). 8) gsdc continues to lead and convene community leaders in efforts to address diversity, equity, and inclusion needs in the region that will lead to eventual elimination of the racial disparities gap.
Business attraction & startup - gsdc takes a leadership position in partnering with local cities, counties and the state of mn to reploy collaborative regional processes and responses to business attraction. Gsdc is an engaged member in the mn marketing partnership which is led by deed to attract business to Minnesota. Gsdc assisted 200+ entrepreneurs and startups through its continued designation as a "launch Minnesota" hub. Gsdc also responded to 9 business attraction inquiries in 2022 and 170 collectively since 2014.
Business retention and expansion the gsdc continues to take a leadership role in partnering with local cities, counties and chambers of commerce to deploy standardized, regional processes for business retention and expansion. The gsdc has developed these streamlined processes based on best practices, standard tools and technology. In 2022, the gsdc conducted more than 51 visits and/or interviews with local primary sector businesses.

Who funds Greater St Cloud Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Initiative FoundationTo Provide Annual Support for Economic and Workforce Development Strategies in Greater ST. Cloud.$25,000
Initiative FoundationTo Support the Mission of the Organization Through A Semi-Annual Grant.$18,000
Initiative FoundationTo Support the Mission of the Organization.$16,000
...and 7 more grants received

Personnel at Greater St Cloud Development Corporation

NameTitleCompensation
Patti GartlandPresident$172,074
Gail CruikshankTalent Director
Leslie DingmannBusiness Development Director
Mike BlairTreasurer$0
Stephanie BrownBoard Vice Chair and Sac Vice Chair$0
...and 4 more key personnel

Financials for Greater St Cloud Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,201,904
Program services$79,688
Investment income and dividends$3,033
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$129,001
Total revenues$1,413,626

Form 990s for Greater St Cloud Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-11990View PDF
2021-122022-07-15990View PDF
2020-122021-07-23990View PDF
2019-122021-02-19990View PDF
2018-122020-01-10990View PDF
...and 6 more Form 990s
Data update history
December 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 3, 2023
Updated personnel
Identified 9 new personnel
November 26, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from Inventure Foundation
July 23, 2023
Received grants
Identified 10 new grant, including a grant for $25,000 from Initiative Foundation
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelManagement and technical assistanceCommunity engagement / volunteeringTax deductible donations
General information
Address
501 W St Germain 100
St Cloud, MN 56301
Metro area
St. Cloud, MN
Website URL
greaterstcloud.com/ 
Phone
(320) 259-0300
IRS details
EIN
45-2050341
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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