Nonprofit · EIN 36-3521772
RAEDI FOUNDATION
Tax-exempt · ROCHESTER, MN 55902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $452,612 | $431,102 | $21,510 | $161,212 | $0 | $161,212 |
| December 31, 2023 | 990 | $440,643 | $459,810 | -$19,167 | $154,471 | $14,769 | $139,702 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $429,239
- Program service revenue
- $0
- Investment income
- $318
- Net rental income
- $23,055
- Other revenue
- $23,055
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $86
- Accounting fees
- $3,500
- Program services (functional)
- $393,766
- Management and general (functional)
- $37,336
Balance sheet and other
- Total assets, start of year
- $154,471
- Total assets, end of year
- $161,212
- Total liabilities, end of year
- $0
- Net assets, end of year
- $161,212
- Net assets without donor restrictions
- $161,212
- Gross receipts
- $452,612
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1987
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIN SEXTON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| MELISSA BRINKMAN | PAST CHAIR Trustee or director, Officer | 1 | $0 |
| DIANNA ROBINSON | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| JARETT JONES | CHAIR Trustee or director, Officer | 1 | $0 |
| JOHN WADE | PRESIDENT Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADAM BENIKE | PAST CHAIR Trustee or director, Officer | 1 | $0 |
| MELISSA BRINKMAN | CHAIR Trustee or director, Officer | 1 | $0 |
| DIANNA ROBINSON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| JARETT JONES | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| JOHN WADE | PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 221 1ST AVE SW STE 600, ROCHESTER, MN 55902-3295
- Mailing address (990-N for 2014)
- 220 South Broadway Suite 100, Rochester MN 55904
- Principal officer (990 for 2024)
- JOHN WADE, 221 FIRST AVENUE SW SUITE 600, ROCHESTER, MN 55902
- Principal officer (990-N for 2014)
- Gary Smith, 220 South Broadway Suite 100, Rochester MN 55904
- Signed the 990
- JOHN WADE, PRESIDENT
- Phone
- (507) 288-0208
- Website
- RAEDI.COM
- Return prepared by
- SMITH SCHAFER AND ASSOC LTD
Mission
THE RAEDI FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO ENGAGE IN, ADVANCE, SUPPORT, PROMOTE, AND ADMINISTER CHARITABLE ACTIVITIES, CAUSES AND PROJECTS.
Program accomplishments
- THE RAEDI FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO ENGAGE IN, ADVANCE, SUPPORT, PROMOTE, AND ADMINISTER CHARITABLE ACTIVITIES, CAUSES AND PROJECTS.Expenses $393,766
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3521772
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $161,212
- Income (IRS master file)
- $452,612
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $452,612 | $431,102 | $161,212 | XML |
| 990 | December 2023 | $440,643 | $459,810 | $154,471 | XML |
| 990 | December 2022 | $518,881 | $363,112 | $158,869 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: Gary Smith | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3521772).
Questions about RAEDI FOUNDATION
- What is the EIN of RAEDI FOUNDATION?
- The employer identification number (EIN) of RAEDI FOUNDATION is 36-3521772.
- Is RAEDI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to RAEDI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAEDI FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RAEDI FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAEDI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RAEDI FOUNDATION?
- The 990 for the year ended December 31, 2024 names JOHN WADE.
- Who are the officers and directors of RAEDI FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does RAEDI FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $452,612, expenses of $431,102 and total assets of $161,212 at year end.
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