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DESTINATION MEDICAL CENTER ECONOMIC DEVELOPMENT AGENCY

ROCHESTER, Minnesota, 55904

EIN: 46-4893585

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
195 BROADWAY AVE S
55904
COUNTY
olmsted county, MN
IN CARE OF NAME
LISA CLARKE

ORGANIZATIONAL OVERVIEW & RANKINGS

DESTINATION MEDICAL CENTER ECONOMIC DEVELOPMENT AGENCY is a based in ROCHESTER, MN, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in June 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $557,006.00, this ranks 279,641 among 2,656,690 nonprofits nationally (Top 11%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 6,255 out of 53,624 organizations in MN (Top 12%).

In olmsted county, MN, the organization ranks 156 out of 1,305 nonprofits by assets (Top 12%), while locally in rochester, it stands at 145 among 1,107 organizations (Top 13%).

The organization reported annual revenue of $2,292,653.00, ranking 78,442 nationally (Top 3%) and 1,923 in MN (Top 4%).

Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, DESTINATION MEDICAL CENTER ECONOMIC DEVELOPMENT AGENCY ranks 839 in assets (Top 18%) and 232 in revenue (Top 5%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
17: Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above. 509(a)(3)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,292,653.00
FORM 990 REVENUE AMOUNT
$2,292,653.00
RULING DATE
06/2015
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$557,006.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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