Austin Community Growth Ventures

Organization Overview

Austin Community Growth Ventures is located in Austin, MN. The organization was established in 2015. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Community Growth Ventures is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SERVE AS A RESEARCH ACCELERATOR FOR BIOTECHNOLOGY COMPANIES IN ECONOMIC DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SERVE AS A RESEARCH ACCELERATOR FOR BIOTECHNOLOGY COMPANIES INVOLVED IN ECONOMIC DEVELOPMENT BY PROVIDING OFFICE AND LABORATORY SPACE AND ACCESS TO EQUIPMENT, RESEARCH COLLABORATION WITH FACULTY AND STAFF OF THE HORMEL INSTITUE, A PROGRAM OF THE UNIVERSITY OF MINNESOTA, AND STUDENTS, FACULTY AND STAFF OF RIVERLAND COMMUNITY COLLEGE, A MEMBER OF MINNESOTA STATE COLLEGES AND UNIVERSITIES IN THE CITY OF AUSTIN, MINNESOTA.


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Board, Officers & Key Employees

Name (title)Compensation
Geoff Smith
Chair
$0
Gail Dennison
Secretary
$0
Nathan Annis
Treasurer
$0
Phil Minerich
Director
$0
Dan Hoffman
Director
$0
Craig Johnson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$164,914
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$164,914
Total Program Service Revenue$0
Investment income $112
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$60
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $187,336

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