EIN 36-3521772

Raedi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1987
Most recent tax filings
2022-12-01
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
$518,881
2022
Total expenses
$363,112
2022
Total assets
$158,869
2022
Num. employees
0
2022

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.

Who funds Raedi Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Saint Paul and Minnesota FoundationMultiple Grants for Multiple Purposes$15,000

Personnel at Raedi Foundation

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

Financials for Raedi Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$518,848
Program services$0
Investment income and dividends$33
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$518,881

Form 990s for Raedi Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990EZView PDF
2020-122021-09-29990EZView PDF
2019-122021-04-26990EZView PDF
2018-122019-08-23990EZView PDF
...and 3 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 organizationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Partially liquidatedCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
221 First Ave SW Suite 600
Rochester, MN 55902
Metro area
Rochester, 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
Free account sign-up

Want updates when Raedi Foundation has new information, or want to find more organizations like Raedi Foundation?

Create free Cause IQ account