Public Charity

WORTHINGTON REGIONAL ECONOMIC DEVELOPMENT CORPORATION

WORTHINGTON REGIONAL ECONOMIC DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in WORTHINGTON, MN. Its most recent IRS filing (2024) reports revenue of $141K, expenses of $102K, total assets of $1.7M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.

EIN: 363339749 WORTHINGTON, MN Latest filing: 2024
Total Revenue$141K
Total Expenses$102K
Total Assets$1.7M
Grant Records1
Funding Total$10K
Filing Years2019–2024

Mission

TO PROMOTE WORTHINGTON AND NOBLES COUNTY AS THE AREA TO CONDUCT BUSINESS AND TO PROVIDE LEADERSHIP FOR GROWTH AND EXPANSION.

Sample Grants Received

WORTHINGTON GLOBAL MARKET FEASIBILITY ANALYSIS
$10,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

STAKEHOLDER Bob Demuth Jr
TREASURER Cindy Elsing
EXECUTIVE DI Jaime Salinas
DIRECTOR Jill Cuperus
DIRECTOR Jon Standafer
CHAIR Mark Vis

Officer compensation and complete director data available with membership.

Top Grant Purposes

WORTHINGTON GLOBAL MARKET FEASIBILITY ANALYSIS
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $141K $102K $1.7M
2023 $113K $63K $1.7M
2022 $218K $63K $1.6M
2020 $129K $53K $1.4M
2019 $229K $141K $1.3M

Between 2019 and 2024, reported annual revenue declined from $229K to $141K (-38%), with total assets most recently reported at $1.7M.

Interactive year-over-year charts and full filing details available with membership.

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