The **Green Bay Packers** are a unique professional American football team based in Green Bay, Wisconsin, competing in the NFL’s NFC North division. Founded in 1919, they are the only major U.S. sports franchise organized as a **publicly owned nonprofit corporation**, held by over 538,000 stockholders as of 2025, with no individual allowed to own more than 4% of shares. This community ownership model has been key to the team's longevity in the smallest NFL market and is grandfathered under league rules limiting ownership structures[2][3]. The organization was originally incorporated in 1923 as the Green Bay Football Corporation and renamed Green Bay Packers, Inc. in 1935. Unlike other teams privately owned by individuals or corporations, the Packers operate under a community board of 43 directors including former players, local business leaders, and officials, who volunteer without financial compensation and provide governance oversight. The team president acts as the de facto owner, currently transitioning from Mark Murphy’s tenure, with the general manager and head coach reporting directly to the president—a structure admired by other NFL franchises[1][8]. On the field, the Packers are one of the NFL’s most historically successful teams, boasting **13 league championships** including **4 Super Bowl titles**, and winning the first-ever Super Bowl under legendary coach Vince Lombardi, for whom the trophy is named. Their home, Lambeau Field, is an iconic stadium known for its rich history and passionate fan base[3][6][7]. Beyond football, the Packers contribute to the community through the Green Bay Packers Foundation, supporting charitable causes and youth programs, reinforcing their identity as a community-centric organization[3]. Despite recent competitive challenges, the Packers remain a storied franchise known for innovation, fan engagement, and a business model that blends sports with community ownership and nonprofit management, making them a singular case study in the sports business landscape[2][4].