Destination Medical Center Economic Development Agency
Donations deductibleDestination Medical Center Economic Development Agency's network
7 people2 organisationsi7 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 8 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Clark Otley MD (also filed as Clark Otley) | President | 2018 | 8 yrs |
| Dennis Dahlen | Director | 2023 | 3 yrs |
| Joselyn Raymundo | Director | 2018 | 8 yrs |
| Mary J Williamson | Vice President | 2022 | 4 yrs |
| Roberta Dressen | Director | 2023 | 3 yrs |
| Thomas Fisher | Director | 2018 | 8 yrs |
| Traci Downs | Director | 2020 | 6 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
12 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Allison Bowman | Director of Operations | 2024 |
| Bradley Schmidt | Treasurer | since 2018 |
| Catherine Malmberg | Director of Public Infrastructure & Development St | since 2023 |
| Erin Sexton | Company secretary | since 2018 |
| Geno Palazzari | Communications Manager | since 2022 |
| Kevin Bright | Director of Housing & Sustainability | since 2018 |
| Marco Wageman | Treasurer | since 2022 |
| Michael Flynn | Senior Director of Economic Development | since 2022 |
| Patrick Seeb | Executive Director | since 2018 |
| Timothy Cody | Director of Finance | since 2018 |
| William James Von Bank | Director of Marketing and Communications | since 2018 |
| William Von Bank | Director of Marketing and | 2020 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Patrick Seeb | Executive Director | 40 | $301k | $21k | |
| Michael Flynn | Senior Director of Economi | 40 | $249k | $42k | |
| Catherine Malmberg | Director of Public Infrastructure & Development St | 30 | $157k | $18k | |
| Geno Palazzari | Communications Manager | 40 | $128k | $15k | |
| Allison Bowman | Director of Operations | 40 | $117k | $59 | |
| Clark Otley MD | President | 4 | $0 | $1.2m | $80k |
| Mary J Williamson | Vice President | 4 | $0 | $1.1m | $52k |
| Traci Downs | Director | 4 | $0 | ||
| Thomas Fisher | Director | 4 | $0 | ||
| Joselyn Raymundo | Director | 4 | $0 | ||
| Dennis Dahlen | Director | 4 | $0 | $1.9m | $102k |
| Roberta Dressen | Director | 4 | $0 | ||
| Marco Wageman | Treasurer | 4 | $0 | $14k | $6k |
| Erin Sexton | Secretary | 4 | $0 | $229k | $58k |
About
- Legal name
- Destination Medical Center Economic Development Agency
- EIN
- 464893585
- Address
- 195 Broadway Ave S, Rochester, MN, 55904-3806
- State
- Minnesota
- Mission
- 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... (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 2013
- Principal officer
- Patrick Seeb (as named on the Form 990)
- IRS ruling date
- 1 June 2015
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedLOW INCOME HOUSINGBloomer Lakeview IncRelatedRETIREMENT LIVING CENTERCharterhouse IncRelatedCLINICMayo ClinicRelatedAMBULANCE SERVICEMayo Clinic Ambulance
Longest observed on the filings
≥8years on the filingsClark Otley MD
≥8years on the filingsJoselyn Raymundo
≥8years on the filingsThomas Fisher
≥6years on the filingsTraci Downs
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $1.3m
- Total liabilities
- $870k
- Net assets or fund balances
- $405k
- Contributions and grants received
- $3.5m
- Program service revenue
- $759k
- Employees
- 14
- Volunteers
- 5
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $4.3m | $4.3m | Deficit $300 |
As filed on the IRS Form 990. US dollars.