GREATER ST CLOUD DEVELOPMENT CORPORATION

As filed

Subsection

03

NTEE code

S30

Classification

1000

Street

113 5TH AVE S

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

• COMMUNITY DEVELOPMENT - IN ORDER TO ATTRACT, RETAIN, AND EXPANED BUSINESSES WITHIN THE REGION, THE GSDC PROVIDES TALENT RESOURCING, COMMUNITY DEVELOPMENT, REGIONAL PROMOTION, AND QUALITY OF LIFE ENHANCEMENTS, WHICH INCLUDE SUPPORTING CHILDCARE, HOUSING, TRANSPORTATION, AND DOWNTOWN REVITALIZATION EFFORTS.

  Expenses $562,944 · Revenue $77,323

• 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 2024, THE GSDC CONDUCTED OVER 100 VISITS WITH EXISTING PRIMARY SECTOR BUSINESSES.

  Expenses $506,650 · Revenue $69,591

• BUSINESS ATTRACTION & STARTUP - BUSINESS ATTRACTION & STARTUP - 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. IN 2024, GSDC PROVIDED TECHNICAL ASSISTANCE ON 16 UNIQUE ATTRACTION AND EXPANSION PROJECTS, AND LAUNCHED THRIVE MN, A GROWTH STRATEGY PROGRAM TO BETTER SERVE SMALL BUSINESSES, WHICH SUPPORTED OVER 50 BUSINESSES.

  Expenses $56,294 · Revenue $7,732

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $1,243,020

  Expenses

  $1,390,937

  Contributions

  $1,068,841

  Grants paid

  $0

• 2024

  Revenue

  $1,101,997

  Expenses

  $1,138,875

  Contributions

  $1,016,326

  Grants paid

  $0

• 2023

  Revenue

  $1,112,396

  Expenses

  $1,000,234

  Contributions

  $1,030,185

  Grants paid

  $0

• 2022

  Revenue

  $1,413,626

  Expenses

  $1,130,152

  Contributions

  $1,201,904

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $950,775

  Expenses

  $1,010,207

  Assets (EOY)

  $1,036,284

• 2020 · 990

  Revenue

  $1,267,124

  Expenses

  $1,157,992

  Assets (EOY)

  $878,528

• 2019 · 990

  Revenue

  $945,991

  Expenses

  $1,102,286

  Assets (EOY)

  $761,626

• 2018 · 990

  Revenue

  $1,037,292

  Expenses

  $1,187,700

  Assets (EOY)

  $804,307

• 2017 · 990

  Revenue

  $1,565,185

  Expenses

  $1,278,758

  Assets (EOY)

  $957,259

• 2016 · 990

  Revenue

  $1,233,546

  Expenses

  $1,172,892

  Assets (EOY)

  $700,012

• 2015 · 990

  Revenue

  $1,237,170

  Expenses

  $1,839,647

  Assets (EOY)

  $532,171

• 2014 · 990

  Revenue

  $1,761,114

  Expenses

  $1,015,009

  Assets (EOY)

  $1,072,615

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $954,430

  Assets (EOY)

  $244,810

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $277,944

  Assets (EOY)

  $378,367

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• INITIATIVE FOUNDATION

  $25,000

  2024 · TO PROVIDE ANNUAL SUPPORT TO ENGAGE COMMUNITY LEADERS, FOSTER BUSINESS GROWTH, AND DEVELOP THE REGION'S WORKFORCE.

• INITIATIVE FOUNDATION

  $25,000

  2023 · TO PROVIDE ANNUAL SUPPORT TO THE LARGEST ECONOMIC DEVELOPMENT ENTITY IN CENTRAL MINNESOTA

• INITIATIVE FOUNDATION

  $25,000

  2022 · TO PROVIDE ANNUAL SUPPORT FOR ECONOMIC AND WORKFORCE DEVELOPMENT STRATEGIES IN GREATER ST. CLOUD.

• COMMUNITYGIVING

  $19,500

  2024 · GEN/OPER SUPPORT

• INITIATIVE FOUNDATION

  $18,000

  2022 · TO SUPPORT THE MISSION OF THE ORGANIZATION THROUGH A SEMI-ANNUAL GRANT.

• INITIATIVE FOUNDATION

  $16,000

  2022 · TO SUPPORT THE MISSION OF THE ORGANIZATION.

• INITIATIVE FOUNDATION

  $10,000

  2022 · TO SUPPORT A LARGE-SCALE, IMMERSIVE ELECTRIC VEHICLE (EV) EDUCATION EVENT TO RESIDENTS OF ST. CLOUD.

• INITIATIVE FOUNDATION

  $10,000

  2023 · TO SUPPORT ACCESS TO BUSINESS TRAINING

• UNITED WAY OF CENTRAL MINNESOTA

  $10,000

  2024 · CHARITABLE PURPOSES

• COLLEGE OF ST BENEDICT BUSINESS OFF

  $8,000

  2022 · Community Development

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files