Public Charity

DESTINATION MEDICAL CENTER CORPORATION

DESTINATION MEDICAL CENTER CORPORATION is a nonprofit organization categorized as Public Charity based in ROCHESTER, MN. Its most recent IRS filing (2024) reports revenue of $2.8M, expenses of $2.8M, total assets of $431K.

EIN: 464959371 ROCHESTER, MN Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$2.8M
Total Expenses$2.8M
Total Assets$431K
Grant Records0
Filing Years2020–2024

Mission

WITH MAYO CLINIC AT ITS HEART, THE DESTINATION MEDICAL CENTER (DMC) INITIATIVE WILL BE THE CATALYST TO POSITION ROCHESTER, MINNESOTA AS THE WORLD'S PREMIER DESTINATION CENTER FOR HEALTH AND WELLNESS; ATTRACTING PEOPLE, INVESTMENT, AND JOBS TO AMERICA'S CITY FOR HEALTH AND SUPPORTING THE ECONOMIC GROWTH OF MINNESOTA AND ITS BIOSCIENCES SECTOR.

Where $100 goes at Destination Medical Center Corporation

How Destination Medical Center Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$92 Programs the work itself
$8 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $92 for programs

$92
Oversight, preparation and implementation of the development plan - an in depth study of infrastructure, planning, and development opportunities, and framework to support the development of Rochester as…
All program spending
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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.

Officers & Directors

DIRECTOR Brooke Carlson
DIRECTOR Doug M Baker
DIRECTOR James Campbell
VICE CHAIR Kim Norton
TREASURER Mark Thein
CHAIR Pamela Wheelock

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $2.8M $2.8M $431K
2023 $2.4M $2.4M $476K
2022 $2.0M $2.0M $332K
2021 $2.1M $2.1M $380K
2020 $2.3M $2.3M $235K

Between 2020 and 2024, reported annual revenue grew from $2.3M to $2.8M (+19%), with total assets most recently reported at $431K.

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

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