THE NON-PROFIT DMC ECONOMIC DEVELOPMENT AGENCY (EDA) IS AN ECONOMIC DEVELOPMENT CORPORATION FORMED BY THE 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.
Executive compensation, broken down
Form 990 · Schedule J · 10 reported individuals · Filing year 2024
- Base
- $300k
- Bonus
- —
- Other
- $1k
- Benefits
- $21k
- Base
- $248k
- Bonus
- —
- Other
- $1k
- Benefits
- $42k
- Base
- $156k
- Bonus
- —
- Other
- $1k
- Benefits
- $18k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director | $300k | — | $1k | $21k | $322k $346k |
Senior Director of Economi highest compensated employee | $248k | — | $1k | $42k | $292k $314k |
Director of Public Infrastructure & Development St | $156k | — | $1k | $18k | $175k $189k |
Communications Manager highest compensated employee | — | — | — | — | $143k $154k |
Director of Operations | — | — | — | — | $117k $126k |
Director board member | — | — | — | — | $102k $110k |
President | — | — | — | — | $80k $86k |
Secretary secretary (operational) | — | — | — | — | $58k $62k |
Vice President vice president | — | — | — | — | $52k $55k |
Treasurer | — | — | — | — | $6k $6k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 4 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Up 6%
from 2023
From $304k in 2023 to $322k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
DESTINATION MEDICAL CENTER ECONOMIC DEVELOPMENT AGENCY reported revenue and expenses across 2 filing years.
What Community Improvement & Capacity Building executives earn in Minnesota
Comparable community improvement & capacity building organizations in Minnesota pay their highest-earning executive a median of $74,104.
These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 62 organizations across 62 filings (2022 – 2023).
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