DESTINATION MEDICAL CENTER ECONOMIC DEVELOPMENT AGENCY
195 S BROADWAY, ROCHESTER, MN 55904 www.dmc.mn

Total Revenue
$2,685,643
Total Expenses
$2,657,067
Net Assets
$138,170

Organizations Filed Purposes: DMC ECONOMIC DEVELOPMENT AGENCY (EDA) IS AN ECONOMIC DEVELOPMENT CORPORATION FORMED BY 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.

THE PURPOSE OF THE EDA IS TO PROVIDE EXPERIENCE AND EXPERTISE IN DEVELOPING AND MARKETING THE DESTINATION MEDICAL CENTER INITIATIVE AND PROVIDE SERVICES FOR IMPLEMENTING THE GOALS, OBJECTIVES, AND STRATEGIES IN THE DESTINATION MEDICAL CENTER DEVELOPMENT PLAN. THE EDA IS SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM THE DESTINATION MEDICAL CENTER CORPORATION AND THROUGH IN-KIND CONTRIBUTIONS BY MAYO CLINIC.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Patrick SeebDIRECTOR OF ECONOMIC DEVEL40$212,495
William James Von BankDIRECTOR OF MARKETING AND40$115,092
Timothy CodyDIRECTOR OF FINANCE40$111,787
Kevin BrightDIRECTOR OF ENERGY AND SUS40$107,804
Pam WheelockBOARD MEMBER PART YEAR4$0
Joselyn RaymundoDIRECTOR4$0
Thomas FisherDIRECTOR4$0
Jerry BellDIRECTOR4$0
Bradley SchmidtTREASURER4$0
Erin SextonSECRETARY4$0
Lisa ClarkeEXEC DIRECTOR/BOARD MEMBER40$0
Clark OtleyVICE CHAIR/BOARD MEMBER4$0
Harry HoffmanDIRECTOR4$0
Jeffrey BoltonBOARD CHAIR/BOARD MEMBER4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013169349304106_public.xml