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EIN 36-3521772

Raedi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Rochester
State
Minnesota
Year formed
1987
Most recent tax filings
2023-12-01
NTEE code, primary
Z99: Unknown
Description
Combined committee work to four committees comprised of volunteers in various working groups. The chairs of each committee report the progress accomplished to-date to the board of directors and through periodic public reporting. Established ten committees comprised of volunteers in various working groups. The Raedi Foundation is organized and shall be operated exclusively to engage in, advance, support, promote, and administer charitable activities, causes and projects. To develop and implement economic development plans and initiatives aimed at a growing and diversifying regional economy.
Related structure
Raedi Foundation is a subordinate organization under Rochester Area Economic Development (RAEDI).
Also known as...
Journey To Growth Partnership; Formerly Olmsted Area Development Corporation
Total revenues
$440,643
2023
Total expenses
$459,810
2023
Total assets
$154,471
2023
Num. employees
0
2023

Program areas at Raedi Foundation

The Raedi Foundation is organized and shall be operated exclusively to engage in, advance, support, promote, and administer charitable activities, causes and projects.

Personnel at Raedi Foundation

NameTitleCompensation
John WadePresident$0
Melissa BrinkmanVice Chair / Secretary and Treasurer / Director / Chair$0
Jarret JonesSecretary and Treasurer$0
Adam BenikeVice Chair$0
John BeattyPast Chair / Chair / Director$0

Financials for Raedi Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$440,395
Program services$0
Investment income and dividends$248
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$440,643

Form 990s for Raedi Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990EZView PDF
2020-122021-09-29990EZView PDF
2019-122021-04-26990EZView PDF
...and 4 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $15,000 from Saint Paul and Minnesota Foundation
June 29, 2023
Posted financials
Added Form 990EZ for fiscal year 2020
Nonprofit Types
Grantmaking organizationsCorporate foundationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Partially liquidatedCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
221 First Ave SW Suite 600
Rochester, MN 55902
Metro area
Rochester, MN
County
Olmsted County, MN
Website URL
raedi.com/ 
Phone
(507) 288-0208
IRS details
EIN
36-3521772
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Z99: Z99
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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