Mission
RAEDI'S MISSION IS TO LEAD AND SUPPORT ECONOMIC, COMMUNITY, AND WORKFORCE DEVELOPMENT INITIATIVES THAT GROW, AND DIVERSIFY THE GREATER ROCHESTER AREA ECONOMY.
Public Charity
ROCHESTER AREA ECONOMIC DEVELOPMENT INC
ROCHESTER AREA ECONOMIC DEVELOPMENT INC, of ROCHESTER, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.4M in revenue, $1.4M in expenses, $4.6M in total assets. 2 publicly reported grants to this organization, totaling roughly $196K, appear in IRS filings.
EIN: 363414363
ROCHESTER, MN
Latest filing: 2024
Total Revenue$1.4M
Total Expenses$1.4M
Total Assets$4.6M
Grant Records2
Funding Total$196K
Filing Years2019–2024
Sample Grants Received
2025 SBDC WORKSHOP SERIES
$10,000
SUPPORT EXEMPT PURPOSE
$186,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
DIRECTOR
Adam Benike
DIRECTOR
Alison Zelms
DIRECTOR
Angie Bowman-Malloy
DIRECTOR
Bruce Gudlin
DIRECTOR
Chad Decook
DIRECTOR
Dharani Ramamoorthy
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.4M | $1.4M | $4.6M |
| 2023 | $1.7M | $1.4M | $4.7M |
| 2022 | $925K | $1.3M | $4.4M |
| 2020 | $1.5M | $655K | $4.0M |
| 2019 | $1.1M | $929K | $3.2M |
Between 2019 and 2024, reported annual revenue grew from $1.1M to $1.4M (+33%), with total assets most recently reported at $4.6M.
Interactive year-over-year charts and full filing details available with membership.