DESTINATION MEDICAL CENTER ECONOMIC DEVELOPMENT AGENCY

As filed

Subsection

03

NTEE code

S30

Classification

1000

Street

195 BROADWAY AVE S

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE PURPOSE OF THE EDA IS TO PROVIDE EXPERIENCE AND EXPERTISE IN DEVELOPING AND MARKETING THE DESTINATION MEDICAL CENTER INITIATIVE AND PROVIDE SERVICES FOR IMPLEMENTING THE GOALS, OBJECTIVES, AND STRATEGIES IN THE DESTINATION MEDICAL CENTER DEVELOPMENT PLAN. THE EDA IS SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM THE DESTINATION MEDICAL CENTER CORPORATION AND THROUGH IN-KIND CONTRIBUTIONS BY MAYO CLINIC.

  Expenses $3,525,459 · Revenue $759,411

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $4,260,410

  Expenses

  $4,260,710

  Contributions

  $3,464,972

  Grants paid

  $0

• 2023

  Revenue

  $4,963,508

  Expenses

  $4,916,735

  Contributions

  $4,730,658

  Grants paid

  $0

• 2022

  Revenue

  $2,292,653

  Expenses

  $2,378,662

  Contributions

  $2,022,867

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,178,384

  Expenses

  $2,009,827

  Assets (EOY)

  $727,598

• 2020 · 990

  Revenue

  $2,150,237

  Expenses

  $2,172,039

  Assets (EOY)

  $402,080

• 2019 · 990

  Revenue

  $2,685,643

  Expenses

  $2,657,067

  Assets (EOY)

  $594,815

• 2018 · 990

  Revenue

  $2,532,200

  Expenses

  $2,512,847

  Assets (EOY)

  $343,415

• 2017 · 990

  Revenue

  $2,263,603

  Expenses

  $2,282,657

  Assets (EOY)

  $593,011

• 2016 · 990

  Revenue

  $2,069,225

  Expenses

  $1,974,052

  Assets (EOY)

  $440,907

• 2015 · 990

  Revenue

  $3,245,774

  Expenses

  $3,231,637

  Assets (EOY)

  $242,417

• 2014 · 990

  Revenue

  $4,898,473

  Expenses

  $5,886,058

  Assets (EOY)

  $1,240,984

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files