Raedi Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363521772 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

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Overview

What is Raedi Foundation?

The Raedi Foundation is a nonprofit organization situated in Rochester, Minnesota, specifically at 221 FIRST AVENUE SW SUITE 600. Its core purpose is to engage, advance, support, promote, and administer various charitable activities, causes, and projects. The foundation is dedicated to making a positive impact in its community and beyond, focusing on charitable initiatives and projects. By operating in this manner, the Raedi Foundation aims to contribute to the betterment of society and address various social needs.


Official website here: www.raedi.com

Is Raedi Foundation legitimate?

Raedi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raedi Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.raedi.com

What is the mission statement of Raedi Foundation?

The Raedi Foundation is committed to carrying out charitable activities, causes, and projects. It is organized and operates exclusively with the purpose of advancing, supporting, promoting, and administering these charitable endeavors. The foundation's aim is to contribute positively to various charitable sectors, providing support and promoting progress in these areas.


Official website here: www.raedi.com

What is the revenue of Raedi Foundation?

Raedi Foundation's revenue in 2023 was $440,643.


Official website here: www.raedi.com

Who are the executives of Raedi Foundation and what are their salaries?

There 5 volunteers at Raedi Foundation.

Here are 5 key members and their salaries:


Adam Benike (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Brinkman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianna Robinson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarett Jones (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wade (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.raedi.com

Where can I find the form 990 for Raedi Foundation?

Raedi Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.raedi.com

Learn more at the official website: www.raedi.com

Mission Statement of Raedi Foundation

The Raedi Foundation is committed to dedicating its operations exclusively towards engaging in, advancing, supporting, promoting, and administering charitable activities, causes, and projects. This nonprofit organization is focused on making a positive impact in various sectors by carrying out its mission. The Raedi Foundation strives to contribute to the betterment of society and communities by providing support and resources to a variety of charitable initiatives and projects.

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Impact




July, 2024

Raedi Foundation's impact is focused on developing and implementing economic development plans and initiatives aimed at growing and diversifying the regional economy. Through the combined work of volunteers in various committees and working groups, the foundation has made significant progress in advancing charitable activities and causes that support the economic growth of the community. The foundation's collaborative approach, involving regular progress reporting to the board of directors and the public, demonstrates a commitment to transparency and accountability in its efforts to drive positive change in Rochester, MN.




This information is meant to be a general summary of Raedi Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$440,643 (2023)
Expenses
$459,810 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $248
  • Gross Receipts: $440,643

Assets and Liabilities:

  • Total Assets: $158,869
  • Total Liabilities: $0
  • Net Assets: $158,869

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Organization Details

Founding Year

1987

Principal Officer

John Wade

NTEE Category

Code: Z99 - Unknown

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