EIN 39-1306894

McDevco

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Year formed
1978
Most recent tax filings
2023-08-01
NTEE code, primary
Description
McDevco invests in business development and community growth through resource integration. It administers economic development loans, including interest expense, legal fees, provision for loan losses, and other administrative fees. McDevco's revolving loan fund provides accessible financing for projects that create and retain private sector jobs.
Also known as...
James Warsaw
Total revenues
$459,873
2023
Total expenses
$489,932
2023
Total assets
$3,358,696
2023
Num. employees
3
2023

Program areas at McDevco

Costs to administer economic development loans, including interest expense, legal fees, provision for loan losses, and other administrative fees. Revolving loan fund is an accessible source of financing for projects that will create and retain private sector jobs, increase incomes, expand local tax base, and leverage bank financing.

Who funds McDevco

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Judd S Alexander FoundationMatching Grant$30,000
Greater Green Bay Community Foundation (GGBCF)Environment and Conservation Program Support$28,000
Judd S Alexander FoundationGenesis Primary Care and 2 Brothers Fiber LLC Loan$15,347

Personnel at McDevco

NameTitleCompensation
Kimm WeberExecutive Director$105,826
Vicki ResechPast Former Executive Director / Secretary and Executive Director / Secretary and Interim Executive Director$13,384
Chris PfenderTreasurer$0
Scott PagenkopfFirst Vice President$0
Mary Ellen SchillSecretary$0
...and 6 more key personnel

Financials for McDevco

RevenuesFYE 08/2023
Total grants, contributions, etc.$310,219
Program services$105,210
Investment income and dividends$36,717
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$7,727
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$459,873

Form 990s for McDevco

Fiscal year endingDate received by IRSFormPDF link
2023-082024-04-02990View PDF
2022-082023-07-12990View PDF
2021-082022-07-15990View PDF
2020-082021-07-15990View PDF
2019-082020-08-20990View PDF
...and 9 more Form 990s
Data update history
May 17, 2024
Updated personnel
Identified 2 new personnel
April 23, 2024
Used new vendors
Identified 1 new vendor, including
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $28,000 from Greater Green Bay Community Foundation (GGBCF)
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donations
General information
Address
100 N 72nd Ave
Wausau, WI 54401
Metro area
Wausau-Weston, WI
County
Marathon County, WI
Website URL
mcdevco.org/ 
Phone
(715) 298-0084
IRS details
EIN
39-1306894
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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