Civic Intelligence

Journey to Growth Partnership

990 • Fiscal year 2023 • EIN 36-3521772

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 07, 2024

Organization ProfileRAEDI.COM
221 First Avenue SW Suite 600Rochester, MN 55902

(507) 288-0208

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.10x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

34th percentile

-4.3%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

42nd percentile

-2.8%

Faster asset growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-15%

Faster revenue growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$154,471

Down $4,398 (-2.8%) from 2022

Net Assets

Down

$139,702

Down $19,167 (-12%) from 2022

Liabilities

Up

$14,769

Up $14,769 from 2022

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin34th percentile

Revenue

Down

$440,643

Down $78,238 (-15%) from 2022

Expenses

Up

$459,810

Up $96,698 (+27%) from 2022

Net Income

Down

-$19,167

Down $174,936 (-112%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2015: $25,506Liabilities 2015: $20,000Net Assets 2015: $5,5062015Assets 2016: $30,686Liabilities 2016: $0Net Assets 2016: $30,6862016Assets 2017: $43,207Liabilities 2017: $10,435Net Assets 2017: $32,7722017Assets 2018: $26,471Liabilities 2018: $7,000Net Assets 2018: $19,4712018Assets 2019: $5,450Liabilities 2019: $0Net Assets 2019: $5,4502019Assets 2020: $4,225Liabilities 2020: $0Net Assets 2020: $4,2252020Assets 2021: $3,100Liabilities 2021: $0Net Assets 2021: $3,1002021Assets 2022: $158,869Liabilities 2022: $0Net Assets 2022: $158,8692022Assets 2023: $154,471Liabilities 2023: $14,769Net Assets 2023: $139,7022023Assets 2024: $161,212Liabilities 2024: $0Net Assets 2024: $161,2122024

Highlighted filing

2023

Assets$154,471
Liabilities$14,769
Net Assets$139,702
Open 2023 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $88,717Expenses 2015: $99,177Net Income 2015: -$10,4602015Revenue 2016: $171,012Expenses 2016: $145,832Net Income 2016: $25,1802016Revenue 2017: $183,058Expenses 2017: $180,972Net Income 2017: $2,0862017Revenue 2018: $100,925Expenses 2018: $114,226Net Income 2018: -$13,3012018Revenue 2019: $79,685Expenses 2019: $93,706Net Income 2019: -$14,0212019Expenses 2020: $1,2252020Expenses 2021: $1,1252021Revenue 2022: $518,881Expenses 2022: $363,112Net Income 2022: $155,7692022Revenue 2023: $440,643Expenses 2023: $459,810Net Income 2023: -$19,1672023Revenue 2024: $452,612Expenses 2024: $431,102Net Income 2024: $21,5102024

Highlighted filing

2023

Revenue$440,643
Expenses$459,810
Net Income-$19,167
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$440,643
Mission and Program Overview

Mission

To develop and implement economic development plans and initiatives aimed at a growing and diversifying regional economy.

The raedi foundation is organized and shall be operated exclusively to engage in, advance, support, promote, and administer charitable activities, causes and projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$53,972$106,194▲ $52,222
Pledges and Grants Receivable$104,897$48,277▼ $56,620
Total Assets$158,869$154,471▼ $4,398
Liabilities
Accounts Payable and Accrued Expenses-$14,769-
Total Liabilities$0$14,769▲ $14,769
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$158,869$139,702▼ $19,167
Total Net Assets Fund Balance$158,869$139,702▼ $19,167
Total Liabilities and Net Assets / Fund Balance$158,869$154,471▼ $4,398
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Melissa BrinkmanChair
Adam BenikePast Chair
John WadePresident
Jarett JonesVice Chair
Dianna RobinsonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$440,395
Program Service Revenue
$0
Investment Income
$248
Other Revenue
$0
All Other Contributions
$440,395
Change in Net Assets
$-19,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$439,810
Grants and Similar Amounts Paid$20,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$393,765$45,750-$45,750
Grants to Domestic Orgs$20,000--$20,000
Fees for Services Accounting-$245-$245
Advertising-$50-$50
Total Functional Expenses$413,765$46,045$0$459,810
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Elevate Marketing Solutions LLCRochester, MN-MARKETING; DESIGN AND CREATION OF BILLBOARD ADVERTISEMENT.$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization has members who are not authorized to elect members of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The irs form 990 is reviewed by the executive committee for approval.”

Form 990, Part VI, Section B, Line 12C

“The board, officers, and management employees are instructed to exercise honesty and best judgment in compliance with the conflict of interest policy.”

Form 990, Part VI, Section C, Line 18

“Form 990 is available upon request.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Raedi Foundation
EIN
36-3521772
Phone
5072880208
Address
221 FIRST AVENUE SW SUITE 600, ROCHESTER, MN 55902

Signing Officer

Name
John Wade
Title
President
Phone
5072880208
Signed
2024-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Wade
Formed
1987
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Smith Schafer and Assoc Ltd
Address
2575 COMMERCE DRIVE NW SUITE 200, ROCHESTER, MN 55901
Preparer
Trisha L White
Phone
5072883277
Raw XML Appendix361 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014769
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE RAEDI FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO ENGAGE IN, ADVANCE, SUPPORT, PROMOTE, AND ADMINISTER CHARITABLE ACTIVITIES, CAUSES AND PROJECTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt050
IRS990/AdvertisingGrp/TotalAmt050
IRS990/AllOtherContributionsAmt0440395
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN WADE
IRS990/BooksInCareOfDetail/PhoneNum05072880208
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0221 FIRST AVENUE SW SUITE 600
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055902
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0440395
IRS990/CYGrantsAndSimilarPaidAmt020000
IRS990/CYInvestmentIncomeAmt0248
IRS990/CYOtherExpensesAmt0439810
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-19167
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0459810
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0440643
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE RAEDI FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO ENGAGE IN, ADVANCE, SUPPORT, PROMOTE, AND ADMINISTER CHARITABLE ACTIVITIES, CAUSES AND PROJECTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0413765
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0245
IRS990/FeesForServicesAccountingGrp/TotalAmt0245
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM BENIKE
IRS990/Form990PartVIISectionAGrp/PersonNm1MELISSA BRINKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2DIANNA ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JARETT JONES
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN WADE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt020000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt020000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt020000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0440643
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0248
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0248
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE RAEDI FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO ENGAGE IN, ADVANCE, SUPPORT, PROMOTE, AND ADMINISTER CHARITABLE ACTIVITIES, CAUSES AND PROJECTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0158869
IRS990/NetAssetsOrFundBalancesEOYAmt0139702
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0158869
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0139702
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0RENT
IRS990/OtherExpensesGrp/Desc1CONTRACTED SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt045750
IRS990/OtherExpensesGrp/ProgramServicesAmt0393765
IRS990/OtherExpensesGrp/TotalAmt0393765
IRS990/OtherExpensesGrp/TotalAmt145750
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0104897
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt048277
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN WADE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0518848
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt033
IRS990/PYOtherExpensesAmt0363112
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0155769
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0363112
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0518881
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-19167
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt053972
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0106194
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0440395
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0518848
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt077685
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01036928
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0248
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0281
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0281
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01038928
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0440395
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0518848
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt079685
IRS990ScheduleA/Total509Grp/TotalAmt01038928
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0440643
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0518881
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt079685
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01039209
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MARKETING; DESIGN AND CREATION OF BILLBOARD ADVERTISEMENT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ELEVATE MARKETING SOLUTIONS LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0832088267
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0712 19TH STREET SE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055904
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS WHO ARE NOT AUTHORIZED TO ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE IRS FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES ARE INSTRUCTED TO EXERCISE HONESTY AND BEST JUDGMENT IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RAEDI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363414363
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RAEDI'S PRIMARY GOAL IS TO BE AN ECONOMIC ENABLER TO ROCHESTER AREA BUSINESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0221 FIRST AVENUE SW SUITE 600
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ROCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055902
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0158869
IRS990/TotalAssetsEOYAmt0154471
IRS990/TotalAssetsGrp/BOYAmt0158869
IRS990/TotalAssetsGrp/EOYAmt0154471
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0440395
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046045
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0413765
IRS990/TotalFunctionalExpensesGrp/TotalAmt0459810
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt014769
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt014769
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0158869
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0139702
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0413765
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0248
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0440643
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0158869
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0154471
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0221 FIRST AVENUE SW SUITE 600
IRS990/USAddress/CityNm0ROCHESTER
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055902
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0RAEDI.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN WADE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05072880208
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAEDI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RAED
ReturnHeader/Filer/EIN0363521772
ReturnHeader/Filer/PhoneNum05072880208
ReturnHeader/Filer/USAddress/AddressLine1Txt0221 FIRST AVENUE SW SUITE 600
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055902
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411489071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH SCHAFER AND ASSOC LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02575 COMMERCE DRIVE NW SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055901
ReturnHeader/PreparerPersonGrp/PhoneNum05072883277
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRISHA L WHITE
ReturnHeader/ReturnTs02024-11-12T13:18:20-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$154,471
Liabilities
$14,769
Net assets
$139,702
Revenue
$440,643
Expenses
$459,810
Net income
-$19,167
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$4.53$4.31$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.15$1.40$4.41$4.60$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$5.19$3.63$1.56
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.80$0.94$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.07$0.19$1.01$1.14$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.10$0.33$1.83$1.81$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$1.71$1.46$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.20$0.06$0.89$0.99$0.10