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Filing year 2024

AUSTIN COMMUNITY GROWTH VENTURES

Austin, Minnesota·EIN 47-5042107·NTEE S11 · Community Improvement & Capacity Building·3
Total revenue
$152k
Total assets
$213k
Total expenses
$182k
Reported officers
6
Mission

AUSTIN COMMUNITY GROWTH VENTURES (ACGV) WAS ESTABLISHED AS A 501(C)(3) CHARITABLE ORGANIZATION BY THE DEVELOPMENT CORPORATION OF AUSTIN WITH THE OVERALL GOAL TO PROMOTE, ENCOURAGE, AND AID IN THE CREATION OF AN INNOVATIVE ECOSYSTEM THAT SUPPORTS EDUCATION, CREATES QUALITY JOBS, AND INCREASES THE NEW APPLICATION OF BIOTECHNOLOGY, AGIRCULTURAL TECHNOLOGY, AND FOOD SCIENCE. ACGV WILL SERVE AS A KEY FACILITATOR IN AFFORDING EARLY STAGE COMPANIES AND DEVELOPED COMPANIES A CHANCE TO SUCCEED BY PROVIDING EDUCATION AND TRAINING IN IDEA DEVELOPMENT ASSISTANCE, PATENT SUBMISSION, BUSINESS PLANNING ASSISTANCE, AND FINANCING.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Minnesota.

Executive Director - Dca
Below 10th percentile
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at AUSTIN COMMUNITY GROWTH VENTURES equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
2%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue fell 7%.

$4k in 2023 to $4k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about AUSTIN COMMUNITY GROWTH VENTURES

What does the Chief Executive Officer of AUSTIN COMMUNITY GROWTH VENTURES earn?

In 2024, the Chief Executive Officer of AUSTIN COMMUNITY GROWTH VENTURES received $3,941 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Minnesota: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AUSTIN COMMUNITY GROWTH VENTURES compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2024 pay of the Chief Executive Officer at AUSTIN COMMUNITY GROWTH VENTURES falls in the bottom 10%. In 2024, the highest total compensation at AUSTIN COMMUNITY GROWTH VENTURES equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are AUSTIN COMMUNITY GROWTH VENTURES's revenue and expenses?

In 2024, AUSTIN COMMUNITY GROWTH VENTURES reported $152k in total revenue and $182k in total expenses on its IRS Form 990.

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