DESTINATION MEDICAL CENTER ECONOMIC DEVELOPMENT AGENCY is a nonprofit organization categorized as Public Charity based in ROCHESTER, MN. Its most recent IRS filing (2024) reports revenue of $4.3M, expenses of $4.3M, total assets of $1.3M.
THE NON-PROFIT DMC ECONOMIC DEVELOPMENT AGENCY (EDA) IS AN ECONOMIC DEVELOPMENT CORPORATION FORMED BY THE MAYO CLINIC AND AUTHORIZED BY THE DMC STATE STATUTE TO PROVIDE SERVICES TO THE DMCC TO SECURE THE CITY OF ROCHESTER'S AND MINNESOTA'S FUTURE AS A GLOBAL, PREMIER MEDICAL DESTINATION AND TO FURTHER MAYO CLINIC'S MISSION BY PROVIDING THE IDEAL PATIENT, COMPANION, VISITOR AND COMMUNITY MEMBER EXPERIENCE.
How Destination Medical Center Economic Development Agency divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.3M | $4.3M | $1.3M |
| 2023 | $5.0M | $4.9M | $960K |
| 2022 | $2.3M | $2.4M | $557K |
| 2020 | $2.2M | $2.2M | $402K |
| 2019 | $2.7M | $2.7M | $595K |
Between 2019 and 2024, reported annual revenue grew from $2.7M to $4.3M (+59%), with total assets most recently reported at $1.3M.
Interactive year-over-year charts and full filing details available with membership.
