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Organizations Community Improvement & Capacity Building Destination Medical Center Economic Development Agency

Destination Medical Center Economic Development Agency

Fiscal year ending 2024. Filed on November 3, 2025.

195 S Broadway
Rochester, Minnesota 55904

Destination Medical Center Economic Development Agency (EIN: 46-4893585) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Destination Medical Center Economic Development Agency, a 501(c)(3) charitable organization, reported compensation for 10 out of 14 total employees. Among the employees shown here, the average compensation is $577,815. The highest compensated employee at Destination Medical Center Economic Development Agency is Dennis Dahlen with fiscal year 2024 compensation of $1,990,254.

Revenue, expenses, and employee compensation

Revenue

$4,260,410

Expenses

$4,260,710

Employee compensation

$1,786,278
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dennis Dahlen
Director
$1,990,254
$0 $1,888,039 $102,215
Clark Otley, M.D.
President
$1,234,721
$0 $1,155,205 $79,516
Mary J Williamson
Vice President
$1,197,596
$0 $1,146,092 $51,504
Patrick Seeb
Executive Director
$321,952
$301,053 No related comp$20,899
Michael Flynn
Senior Director of Economi
$291,636
$249,240 No related comp$42,396
Erin Sexton
Secretary
$287,259
$0 $229,273 $57,986
Catherine Malmberg
Director of Public Infrastructure and Development ST
$175,493
$157,465 No related comp$18,028
Geno Palazzari
Communications Manager
$142,920
$127,976 No related comp$14,944
Allison Bowman
Operations Director
$116,669
$116,610 No related comp$59
Marco Wageman
Treasurer
$19,651
$0 $13,645 $6,006

Benchmark Employee Compensation

Non-Employee Board Members

Joselyn Raymundo
Director
Roberta Dressen
Director
Thomas Fisher
Director
Traci Downs
Director

Contractors

Padilla Speer Beardsley Inc.
Marketing and Communications Agency; Mar
$208,243

Mission Statement

THE NON-PROFIT DMC ECONOMIC DEVELOPMENT AGENCY (EDA) IS AN ECONOMIC DEVELOPMENT CORPORATION FORMED BY THE MAYO CLINIC AND AUTHORIZED BY THE DMC STATE STATUTE TO PROVIDE SERVICES TO THE DMCC TO SECURE THE CITY OF ROCHESTER'S AND MINNESOTA'S FUTURE AS A GLOBAL, PREMIER MEDICAL DESTINATION AND TO FURTHER MAYO CLINIC'S MISSION BY PROVIDING THE IDEAL PATIENT, COMPANION, VISITOR AND COMMUNITY MEMBER EXPERIENCE.

Revisions to this organization profile

November 3, 2025:
2024 Destination Medical Center Economic Development Agency 990 filed
November 14, 2024:
2023 Destination Medical Center Economic Development Agency 990 filed
November 15, 2023:
2022 Destination Medical Center Economic Development Agency 990 filed

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