Destination Medical Center Economic Development Agency
Rochester, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,963,508↑116% | $4,916,735↑107% | $959,522↑72% | — |
| 2022 | $2,292,653↑5% | $2,378,662↑18% | $557,006↓23% | — |
| 2021 | $2,178,384↑1% | $2,009,827↓7% | $727,598↑81% | — |
| 2020 | $2,150,237↓20% | $2,172,039↓18% | $402,080↓32% | — |
| 2019 | $2,685,643↑6% | $2,657,067↑6% | $594,815↑73% | — |
| 2018 | $2,532,200↑12% | $2,512,847↑10% | $343,415↓42% | — |
| 2017 | $2,263,603↑9% | $2,282,657↑16% | $593,011↑34% | — |
| 2016 | $2,069,225↓36% | $1,974,052↓39% | $440,907↑82% | — |
| 2015 | $3,245,774↓34% | $3,231,637↓45% | $242,417↓80% | — |
| 2014 | $4,898,473 | $5,886,058 | $1,240,984 | — |
Frequently Asked Questions
What does Destination Medical Center Economic Development Agency do?▼
Destination Medical Center Economic Development Agency is a community improvement & capacity building nonprofit organization based in Minnesota. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Destination Medical Center Economic Development Agency financially healthy?▼
Based on our 9-metric Financial Health Score model, Destination Medical Center Economic Development Agency has a score of 56/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Destination Medical Center Economic Development Agency generate?▼
Destination Medical Center Economic Development Agency reports $4.3M in annual revenue and holds $1.3M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Minnesota.