Rochester Area Foundation

Community Development · Rochester, Minnesota

12 Elton Hills Dr Nw, Rochester, MN 55901-3538

EIN: 416017740· Founded: Jul 1949· 77 years active· Filing Year: 2023

Annual Revenue

$15.9M

Total Expenses

$6.4M

Total Assets

$61.1M

Program Spending

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$122K

1.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$548K

Total Payroll

$670K

10% of total expenses

Programs: 7%

Payroll: 10%

Other overhead: 93%

Program Revenue$452K (3%)

Total Expenses$6.4M (40%)

Payroll$670K (10%)

Overhead (non-program)93%

Program Spending Ratio

7% of expenses go to programs

40%

Revenue & Stability

$15.9M annual revenue

15%

Executive Compensation

$122K total officer comp (1.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$61.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.