Skip to content
Nonprofiteer
← ROCHESTER AREA FOUNDATION

Form 990 for tax year 2024

Filed by ROCHESTER AREA FOUNDATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 22 December 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$11,130,008
Total expenses
$8,850,518
Contributions and grants received
$8,897,686
Grants paid
$6,343,078
Program service revenue
$603,062
Investment income
$1,665,795
Other revenue
-$36,535
Total assets, end of year
$68,327,174
Total liabilities, end of year
$5,114,905
Net assets or fund balances, end of year
$63,212,269
Program services expenses (Part IX)
$7,478,417
Management and general expenses
$947,256
Fundraising expenses
$424,845
Program service expenses (Part III)
$7,478,417

Program services were 84.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAVE OETH

    CHAIR

    Total calculated
    $0
    Hours/week
    6 + 0.5 related
  • JUDITH WILSON

    1ST VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • TONY BENSON

    2ND VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • MARCO WAGEMAN

    TREASURER

    Total calculated
    $0
    Hours/week
    6
  • CHRIS WENDLAND

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • LARRY KOSHIRE

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    4 + 0.5 related
  • DR KATHY LOMBARDO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • TODD HEATHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • BETH KREHBIEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MIKE PARADISE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 0.5 related
  • ERIN SEXTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • HAROLD BURDEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MIKE BENIKE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • NATALIE JONES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 0.5 related
  • JENNIFER WOODFORD

    PRESIDENT

    Total calculated
    $176,124
    From this org
    $125,223
    From related orgs
    $41,741
    Other
    $9,160
    Hours/week
    33 + 11.5 related

    Schedule J breakdown matched by us

    Base
    $121,162 + $40,387 related
    Bonus
    $0
    Other
    $4,061 + $1,354 related
    Deferred
    $6,103 + $2,034 related
    Nontaxable benefits
    $767 + $256 related
    Filer's total
    $132,093 + $44,031 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • FIRST HOMES PROPERTIES

    501(C)(3) · TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN SE MN · MN · controlled entity

    Directly controlled by ROCHESTER AREA FOUNDATION

  • RAF PROPERTIES

    501(C)(3) · TO RECEIVE, HOLD & DISBURSE ANY REAL PROPERTY FOR ROCHESTER AREA FDN. · MN · controlled entity

    Directly controlled by ROCHESTER AREA FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202543189349301989

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.