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ROCHESTER AREA ECONOMIC DEVELOPMENT INC

ROCHESTER, MNEIN: 36-3414363Website

Data sourced from IRS 990 public filings

ROCHESTER AREA ECONOMIC DEVELOPMENT INC RAEDI'S MISSION IS TO LEAD AND SUPPORT ECONOMIC, COMMUNITY, AND WORKFORCE DEVELOPMENT INITIATIVES THAT GROW, AND DIVERSIFY THE GREATER ROCHESTER AREA ECONOMY.

General Population
Local (City/County Level)
Free Market/Pro-Business
Education & Awareness
Community & Economic Development
Workforce & Economic Opportunity
Community Organizing & Grassroots Mobilization

Annual Revenue

$1,412,451

Known Funders

1

Grants Received

2

Financial History

YearRevenueExpensesAssets
2024$1,412,451$1,390,037$4,648,769
2023$1,659,191$1,374,984$4,653,364
2022$925,215$1,287,835$4,399,928
2021$1,415,203$686,550$4,698,933
2020$1,467,356$655,212$3,969,050
2019$1,063,888$928,964$3,179,838
2018$1,631,516$946,353$3,048,829
2017$1,004,855$959,393$2,471,645

Top Funders

MAYO CLINIC

ROCHESTER, MN

$186,000 (2023)
MAYO CLINIC

ROCHESTER, MN

$86,000 (2021)

Key Personnel

From 2024 IRS 990 filing

K

KIRK BUSTROM

DIRECTOR OF ECONOMIC DEVELOPMENT

Highest Compensated
T

TAWONDA BURKS

DIRECTOR OF OPERATIONS

Highest Compensated
J

JOHN REED

DIRECTOR

D

DHARANI RAMAMOORTHY

DIRECTOR

M

MIKE HENKE

DIRECTOR

E

ERIN SEXTON

SECRETARY/TREASURER

Officer
P

PATRICK SEEB

DIRECTOR

D

DIANNA ROBINSON

VICE CHAIR

Officer
M

MICHELLE PYFFEROEN

DIRECTOR

A

ALISON ZELMS

DIRECTOR

Showing 10 of 23 key personnel.

Frequently Asked Questions

Other Nonprofits in Minnesota

MAYO CLINIC$7,929,118,794
UCARE MINNESOTA$6,329,509,571
ALLINA HEALTH SYSTEM$5,929,260,387
All nonprofits in Minnesota

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