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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Rochester Area Economic Development Inc.

Rochester Area Economic Development Inc.

Fiscal year ending 2019. Filed on October 20, 2020.

220 South Broadway No 100
Rochester, Minnesota 55904

Rochester Area Economic Development Inc. (EIN: 36-3414363) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Rochester Area Economic Development Inc., a 501(c)(6) business league, reported compensation for 1 out of 6 total employees. Among the employees shown here, the average compensation is $163,786. The highest compensated employee at Rochester Area Economic Development Inc. is Ryan D Nolander with fiscal year 2019 compensation of $163,786.

Revenue, expenses, and employee compensation

Revenue

$1,063,888

Expenses

$928,964

Employee compensation

$698,623
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ryan D Nolander
President
$163,786
$146,500 No related comp$17,286

Benchmark Employee Compensation

Non-Employee Board Members

Adam Benike
Director
Brian Morgan
Director
Bruce Gudlin
Director
Daniel Beck
Former Chair
Darrel Leonard
Director
Devin Swanberg
Director
Ed Chestolowski
Director
Erin Sexton
Director
James Rogers
Director
Jarrett Jones
Director
Joel Young
Director
John Beatty
Secretary and Treasurer

Mission Statement

RAEDI'S MISSION IS TO LEAD AND SUPPORT ECONOMIC, COMMUNITY, AND WORKFORCE DEVELOPMENT INITIATIVES THAT GROW, AND DIVERSIFY THE GREATER ROCHESTER AREA ECONOMY.

Revisions to this organization profile

November 17, 2025:
2024 Rochester Area Economic Development Inc. 990 filed
November 12, 2024:
2023 Rochester Area Economic Development Inc. 990 filed
November 14, 2023:
2022 Rochester Area Economic Development Inc. 990 filed

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