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EIN 93-0828687

Milwaukee Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
7
City
Milwaukee
State
Wisconsin
Year formed
2003
Most recent tax filings
2023-06-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
-investigate, implement, participate in and promote such activities as shall, in the judgment of mdc, tend to support the general community interest in a strong, vital, aesthetically exciting and economically viable greater Milwaukee community.-develo...
Related structure
Milwaukee Development Corporation is a subordinate organization under Metropolitan Milwaukee Association of Commerce.
Total revenues
$21,906,807
2023
Total expenses
$21,876,551
2023
Total assets
$4,666,006
2023
Num. employees
7
2023

Program areas at Milwaukee Development Corporation

Promoted economic Development through catalytic real estate developments and regional business retention, expansion and attraction working in partnership with both public and private like-minded organizations.

Grants made by Milwaukee Development Corporation

GranteeGrant descriptionAmount
Milwaukee Economic Development CorporationTo Support Small Businesses Recovering From Covid-19 Pandemic$20,322,500

Who funds Milwaukee Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Green Bay Community Foundation (GGBCF)Public Benefit and Community Improvement Program Support$50,000
Baird FoundationOther$35,000

Personnel at Milwaukee Development Corporation

NameTitleCompensation
Craig KammholzTreasurer$0
John R. MillerVice President
David E. LatonaPresident
Diane ManclOperations Manager
Matthew LyonLoan Operations Manager
...and 10 more key personnel

Financials for Milwaukee Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$21,525,250
Program services$207,093
Investment income and dividends$101,790
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-18,062
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$90,736
Total revenues$21,906,807

Form 990s for Milwaukee Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-23990View PDF
2022-062023-01-12990View PDF
2021-062022-01-27990View PDF
2020-062021-04-13990View PDF
2019-062020-11-13990View PDF
...and 9 more Form 990s
Data update history
September 22, 2024
Updated personnel
Identified 4 new personnel
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $35,000 from Baird Foundation
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 1 new personnel
April 19, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Provides grantsPartially liquidatedState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
275 W Wisconsin Ave 220
Milwaukee, WI 53203
Metro area
Milwaukee-Waukesha, WI
County
Milwaukee County, WI
Website URL
medconline.com/ 
Phone
(414) 287-4126
IRS details
EIN
93-0828687
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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